About Sipa India Private Limited
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Sipa India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sipa Societa Spa. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2009FTC216240. Its GSTIN is 27AANCS4233P1ZP (Maharashtra).
The company has an authorised share capital of ₹1.34 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Jayesh Ashok Kadam and Antonio Narder.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 101 Mangalya Off Marol Maroshi Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.74 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹88.7 Lakh (net margin -8.3%) and EBITDA of ₹54.61 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sipa.it.
Company details
CIN history
Sipa India has one previous CIN (Corporate Identification Number): U51900DL2009FTC191568. The current CIN is U51900MH2009FTC216240, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH2009FTC216240 | Current |
| U51900DL2009FTC191568 | Previous |
Contact details
Sipa India Private Limited's registered office is in Mumbai, Maharashtra. Its website is sipa.it. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressB – 101 Mangalya Off Marol Maroshi Road Marol Andheri (East), Mumbai, Maharashtra, India – 400059
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Sipa India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Sipa India are professional, scientific and technical activities and wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers other professional, scientific and technical activities and wholesale trade, except of motor vehicles and motorcycles. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | |
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Sipa India Private Limited, buy the company report.
Financials of Sipa India Private Limited
FY 2025 filings availableSipa India Private Limited reported revenue of ₹10.74 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 3% growth in the latest year. EBITDA rose 361% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹54.61 Lakh | ||||
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| Net Profit (PAT) | -₹88.7 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -8.3% | ||||
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To see the full financial statements and ratios of Sipa India Private Limited, buy the company report.
Board of directors of Sipa India Private Limited
Sipa India has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayesh Ashok Kadam Also directs: K&T Decor Private Limited, Demak India Resin Technologies Private Limited, Gmi India Private Limited and 5 more | Director | 05 Dec 2024 | 1 Years 10 Months | Current |
| Antonio Narder | Director | 01 Jan 2022 | 4 Years 9 Months | Current |
Auditor
Sipa India Private Limited is audited by KAMDAR DESAI & PATEL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMDAR DESAI & PATEL | FY 2022 | 104664W |
Shareholding
The shareholding of Sipa India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sipa India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sipa India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sipa India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sipa India Private Limited has a workforce of 14 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Sipa India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCS4233P1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sipa India Private Limited, buy the company report.
Recent activity
Sipa India Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Jayesh Ashok Kadam ceased to be Additional Director on 29 Sep 2025.
2 earlier events are in the company report.
Frequently asked questions
Sipa India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 June 2009 (17+ years old) and is registered under CIN U51900MH2009FTC216240.
Sipa India has 2 current directors:
- Jayesh Ashok Kadam - Director
- Antonio Narder - Director
The latest financial statements of Sipa India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sipa India is 27AANCS4233P1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sipa India is U51900MH2009FTC216240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sipa India was incorporated on 25 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Jayesh Ashok Kadam ceased to be Additional Director on 29 Sep 2025. Jayesh Ashok Kadam was appointed as Director on 05 Dec 2024. Antonio Narder ceased to be Additional Director on 30 Sep 2022. Sipa India has 11 board changes on record in total.
Sipa India can be reached through the website sipa.it. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sipa India is at B – 101 Mangalya Off Marol Maroshi Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
Sipa India operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.