About Sipra Engineers Private Limited
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Sipra Engineers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 10 October 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1978PTC020543. Its GSTIN is 27AAACS5748N1ZS (Maharashtra).
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹2.62 Cr. It was formerly known as Sipra Engineers Limited. It is led by directors including Mallikarjun Madgondappa Umadi (Managing Director) and Vandan Sitaram Shah.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹102.18 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.65 Cr (net margin 3.6%) and EBITDA of ₹6.89 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company is associated with 1 brand: Indiandiecasting. As per MCA filings, the company has open charges of ₹9 Cr and satisfied charges of ₹81.73 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹44.2 Lakh; the latest was in June 2020. Its 8 peer companies in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 4 smaller; the largest is Gnu Steel Casting Private Limited with revenue of ₹105.03 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sipra.in.
Company details
Contact details
Sipra Engineers Private Limited's registered office is in Mumbai, Maharashtra. Its website is sipra.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA3602 Marathon Futurex Mafatlal Mills Compound, N.M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Sipra Engineers 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
Brands
Sipra Engineers operates one associated brand: indiandiecasting. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality automotive fabrication parts for various applications. | indiandiecasting.in |
Business activity
The main business activity of Sipra Engineers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Sipra Engineers Private Limited, buy the company report.
Financials of Sipra Engineers Private Limited
FY 2025 filings availableSipra Engineers Private Limited reported revenue of ₹102.18 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 36% 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 | ₹6.89 Cr | ||||
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| Net Profit (PAT) | ₹3.65 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 3.6% | ||||
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To see the full financial statements and ratios of Sipra Engineers Private Limited, buy the company report.
Board of directors of Sipra Engineers Private Limited
Sipra Engineers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandan Sitaram Shah | Director | 25 Feb 1981 | 45 Years 8 Months | Current |
| Ekta Vandan Shah Also directs: Sipra Services and Investments Pvt Ltd | Director | 05 Aug 2019 | 7 Years 3 Months | Current |
| Mallikarjun Madgondappa Umadi Also directs: MHS Technology Private Limited | Managing Director | 02 Nov 2021 | 5 Years 0 Months | Current |
Peer comparison
Sipra Engineers Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gnu Steel Casting Private Limited | ₹105.03 Cr (FY 2025) | 29.0% | Faridabad, Haryana, India | |||
| Tirumala Balaji Smelters Private Limited | ₹105.03 Cr (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Sandori Castings Private Limited | ₹102.83 Cr (FY 2025) | 6.0% | Veraval Shapar, Gujarat, India | |||
| Standard Alloys (India) Private Limited | ₹102.51 Cr (FY 2025) | 15.0% | Ajmer, Rajasthan, India | |||
| Sipra Engineers Private Limitedthis company | ₹102.18 Cr (FY 2025) | ₹3.65 Cr | 3.6% | -5.0% | Mumbai, Maharashtra, India | |
| Sarlal Engineering Limited | ₹102.01 Cr (FY 2025) | 0.0% | Gamharia, Jharkhand, India | |||
| Tyche Diecast Private Limited | ₹101.92 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Eefco Metals & Powders Private Limited. | ₹101.28 Cr (FY 2025) | -1.0% | Kolkta, West Bengal, India | |||
| Star Pipe Products (India) Private Limited | ₹100.14 Cr (FY 2025) | 42.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sipra Engineers Private Limited, buy the company report.
Auditor
Sipra Engineers Private Limited is audited by Daga & Chaturmutha for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Daga & Chaturmutha | FY 2025 | 101987W |
Shareholding
The shareholding of Sipra Engineers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sipra Engineers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2025 | 101046088 | Hdfc Bank Limited | ₹9 Cr | Open | |
| 10 May 2013 | 10426321 | Citibank N. A. | ₹9 Cr | Satisfied | |
| 26 Mar 2008 | 10098572 | Bank of India | ₹49 Lakh | Satisfied | |
| 19 Nov 2003 | 90371305 | State Bank of India | ₹3.29 Cr | Satisfied | |
| 14 Feb 2001 | 80046522 | Sicom Ltd | ₹44 Lakh | Satisfied |
To see the full charge records of Sipra Engineers Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Sipra Engineers Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹44.2 Lakh; the latest was in June 2020.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sitaram Shah HUF |
To see the full deal history of Sipra Engineers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sipra Engineers Private Limited has 8 court cases on record: 6 filed by Sipra Engineers, 2 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by State Thr.Sharvari A.Pote | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai Motor Accident Claims T, Maharashtra | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed by the company against Gurukrupa Industries THR. Jay Nanasaheb Beldar Patil | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Sipra Engineers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Sipra Engineers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Sipra Engineers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sipra Engineers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS5748N1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sipra Engineers Private Limited, buy the company report.
Recent activity
Sipra Engineers Private Limited has 8 board changes on record since 1981: 3 appointments and 5 cessations. The latest: Vandan Sitaram Shah ceased to be Managing Director on 31 May 2024.
63 earlier events are in the company report.
Frequently asked questions
Sipra Engineers is an active private limited company based in Mumbai, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 10 October 1969 (57+ years old) and is registered under CIN U28920MH1978PTC020543.
Sipra Engineers has 3 current directors:
- Mallikarjun Madgondappa Umadi - Managing Director
- Vandan Sitaram Shah - Director
- Ekta Vandan Shah - Director
The latest financial statements of Sipra Engineers 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 Sipra Engineers is 27AAACS5748N1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sipra Engineers is U28920MH1978PTC020543. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sipra Engineers has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending.
Sipra Engineers was incorporated on 10 October 1969, making it 57+ years old. It is registered with the Registrar of Companies, Mumbai.
Sipra Engineers has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹44.2 Lakh; the latest was in June 2020.
The peers of Sipra Engineers by revenue are Gnu Steel Casting Private Limited, Tirumala Balaji Smelters Private Limited, Sandori Castings Private Limited, Standard Alloys (India) Private Limited, Sarlal Engineering Limited and 3 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Vandan Sitaram Shah ceased to be Managing Director on 31 May 2024. Veena Sitaram Shah ceased to be Director on 17 Jan 2023. Mallikarjun Madgondappa Umadi ceased to be Additional Director on 30 Sep 2022. Sipra Engineers has 8 board changes on record in total.
Sipra Engineers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 27 May 2019.
Sipra Engineers can be reached through the website sipra.in. Its registered office is in Mumbai, Maharashtra, India.
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