Sipani Fibres Limited

Manufacturer of HDPE and PP fabrics and sacks, supplying to fertilizer companies and small players.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated:

Sipani Fibres Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.20 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.00 Cr
  • Satisfied Charges ₹ 30.50 Cr
  • Revenue Growth 16.19%
  • Profit Growth -13.77%
  • Ebitda -11.97%
  • Net Worth 14.96%
  • Total Assets 28.47%

About Sipani Fibres

Sipani Fibres Limited (SFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1994 and has a history of 31 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.20 Cr.

The company currently has active open charges totaling ₹60.00 Cr. The company has closed loans amounting to ₹30.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sipani Kanchandevi, Rajkumar Sipani, Sipani Anil, and Four other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1994PLC015388

  • Company No.

    015388

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing
Packaging

What products or services does Sipani Fibres Limited offer?

Sipani Fibres Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, HDPE Fabric, Gunny Bags, Packaging Sacks, Polypropylene Woven Fabric, Food Packaging Materials & Supplies, Mesh Bags, Bulk Bags & Sacks, Packaging Pouches & Envelopes, Packaging Envelopes.

Company report

Sipani Fibres Limited

Explore comprehensive data for Sipani Fibres Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sipani Fibres?

Executive Team (1)

NameDesignationAppointment DateStatus
Sipani Anil Country flag representing In Managing Director13-Jun-2007Current

Board Members (6)

NameDesignationAppointment DateStatus
Anurag Sipani Country flag representing In Whole-Time Director 01-Mar-2014Current
Sipani Kanchandevi Country flag representing In Whole-Time Director 30-Apr-2005Current
Rajkumar Sipani Country flag representing In Whole-Time Director 30-Apr-2005Current
Tarush Sethia Country flag representing In Director 03-Mar-2017Current
Bhavya Sethia Country flag representing In Director 08-Sep-2017Current
Sridhara Adekhandi Country flag representing In Director 05-Jan-2023Current

Financial Performance of Sipani Fibres.

Sipani Fibres Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 16.19% increase. The company also saw a substantial fall in profitability, with a 13.77% decrease in profit. The company's net worth Soared by an impressive increase of 14.96%.

Sipani Fibres revenue growth over time
Sipani Fibres profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.19%
Revenue from Operations
16.19%
Total Assets
28.47%
Profit or Loss
-13.77%
Net Worth
14.96%
EBITDA
-11.97%

What is the Ownership and Shareholding Structure of Sipani Fibres?

In 2023, Sipani Fibres had a promoter holding of 41.93% and a public holding of 58.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 Cr

Satisfied Charges

₹30.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Nov 2023Others₹10.00 CrOpen
09 Dec 2022Others₹15.00 CrOpen
29 Sep 2014Others₹35.00 CrOpen
31 Oct 2018Others₹10.00 CrSatisfied
07 Dec 2015Icici Bank Limited₹8.50 CrSatisfied

How Many Employees Work at Sipani Fibres?

Sipani Fibres has a workforce of 305 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sipani Fibres Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sipani Fibres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sipani Fibres's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sipani Fibres

Recent activity within the organization

  • Charges

    A charge registered on 31 Oct 2018 via Charge ID 100225939 with Others was fully satisfied on 05 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100866543 was registered on 02 Nov 2023.

  • Annual General Meeting

    Sipani Fibres Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sipani Fibres Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Sridhara Venkataramanaiah Adekhandi was appointed as a Director was appointed as a Director on 05 Jan 2023 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100665249 was registered on 09 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Sipani Fibres Limited?

    Sipani Fibres Limited was incorporated on 21 Mar 1994.

  • What is authorized share capital and paid-up capital of Sipani Fibres Limited?

    The authorized share capital of Sipani Fibres Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.20 Cr.

  • Who are the current board members & directors of Sipani Fibres Limited?

    Currently 7 directors are associated with Sipani Fibres Limited.

    • Sipani Kanchandevi
    • Rajkumar Sipani
    • Sipani Anil
    • Tarush Sethia
    • Anurag Sipani
    • Bhavya Sethia
    • Sridhara Venkataramanaiah Adekhandi

  • What is the registered address of Sipani Fibres Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sipani Fibres Limited is 309, Raheja Arcadekoramangala India, Bangalore, Karnataka, 560095.

  • What is the corporate identification number (CIN) and company number of Sipani Fibres Limited?

    The corporate identification number (CIN) of Sipani Fibres Limited is U85110KA1994PLC015388 and the company number is 015388 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sipani Fibres Limited?

    The Official website of Sipani Fibres Limited is https://www.sipanifibres.com

  • What has been the recent revenue trend for Sipani Fibres Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sipani Fibres Limited has risen by 16.19%.

  • How many employees does Sipani Fibres Limited currently have?

    As Per 2022 financial reports, 305 employees are currently employed by Sipani Fibres Limited.

  • What change has been observed in the net worth of Sipani Fibres Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sipani Fibres Limited has experienced an upsurge of 14.96%.

  • What are the total open charges for Sipani Fibres Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sipani Fibres Limited amount to ₹ 60.00 Cr.

  • When was the last Balance Sheet of Sipani Fibres Limited filed with the ROC?

    The most recent Balance Sheet for Sipani Fibres Limited was filed with the ROC on 31 Mar 2023.

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