MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KL-09-0003584
Slipons India Private Limited - consumer goods in Malappuram, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.04 Lakh
▼ 75% YoY
Net loss · FY 2024
₹1.42 Cr
Net margin -283.8%
EBITDA · FY 2024
-₹1.83 Cr
EBITDA margin -365.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹98 Lakh
Issued & subscribed
Satisfied charges
₹21.67 Cr
No open charges
Company age
24 yrs
Est. 2002
Employees · EPFO
200
Provident fund records
About Slipons India Private Limited
Data last updated:
Slipons India Private Limited is a private limited company based in Malappuram, Kerala, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 28 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U19202KL2002PTC015715. Its GSTIN is 32AAGCS7645L1ZZ (Kerala).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98 Lakh. It is led by directors including Abdul Razak Veluthedath (Managing Director) and Venugopal Madalath Vasudevan.
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 6/115 A R Nagar Panchayathnh 17 Valiyaparamba P O Mamburam, Malappuram, Kerala, India – 676306.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.04 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹1.42 Cr (net margin -283.8%) and EBITDA of -₹1.83 Cr (EBITDA margin -365.2%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 50% over five years.
The company has about 200 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹21.67 Cr on record.
Slipons India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-09-0003584). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website business.google.com.
Company details
CIN U19202KL2002PTC015715
Registration Number 015715
Incorporation Date 28 October 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KL-09-0003584
Key People
Abdul Razak Veluthedath Managing Director Venugopal Madalath Vasudevan Director Mammed Koya Vkc Director Recognitions & Rankings of Slipons India
Contact details
Slipons India Private Limited's registered office is in Malappuram, Kerala. Its website is business.google.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address6/115 A R Nagar Panchayathnh 17 Valiyaparamba P O Mamburam, Malappuram, Kerala, India – 676306
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Slipons India Private Limited, buy the company report.
Comprehensive company report
Slipons India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Slipons India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Slipons India Private Limited, buy the company report.
Financials of Slipons India Private Limited
FY 2025 filings availableSlipons India Private Limited reported revenue of ₹50.04 Lakh (down 75% YoY) for FY 2024.
Revenue · FY 2024
₹50.04 Lakh ▼ 75%
Net loss · FY 2024
₹1.42 Cr margin -283.8%
EBITDA · FY 2024
-₹1.83 Cr margin -365.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 24%
5 years · compounded
▼ 50%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 38%
5 years · compounded
▼ 38%
Revenue has declined at a compounded annual rate (CAGR) of 50% over five years, including a 75% fall in the latest year. EBITDA fell 85% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA | -₹1.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.42 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -365.2% | ||||
| Net Profit Margin | -283.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Slipons India Private Limited, buy the company report.
Board of directors of Slipons India Private Limited
Slipons India has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Madalath Vasudevan Also directs: VKC Plastomers India Private Limited, VKC Shoes and Allied Products India Private Limited, VKC Footgear Private Limited and 3 more | Director | 02 Dec 2003 | 22 Years 10 Months | Current |
| Mammed Koya Vkc Also directs: VKC Plastomers India Private Limited, VKC Shoes and Allied Products India Private Limited, Diadora Shoes Private Limited and 5 more | Director | 30 Sep 2008 | 18 Years 0 Months | Current |
| Musthafa Valiya Parambil Also directs: DB Consumer Products LLP, VKC Plastomers India Private Limited, Diadora Shoes Private Limited and 2 more | Director | 01 Mar 2014 | 12 Years 7 Months | Current |
| Azeez Valiyaparambil | Director | 01 Mar 2003 | 23 Years 7 Months | Current |
| Abdul Razak Veluthedath Also directs: Slipons Ventures Limited Liability Partnership, DB Consumer Products LLP, Debongo Global LLP and 5 more | Managing Director | 14 Nov 2002 | 23 Years 11 Months | Current |
Auditor
Slipons India Private Limited is audited by JYOTHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOTHI & CO | FY 2023 | 011664S |
Shareholding
The shareholding of Slipons India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Slipons India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹21.67 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2018 | 100229119 | Axis Bank Limited | ₹11.5 Cr | Satisfied | |
| 04 Dec 2012 | 10393251 | State Bank of Travancore | ₹1 Cr | Satisfied | |
| 05 Jun 2003 | 80040696 | State Bank of India | ₹8.17 Cr | Satisfied | |
| 05 Jun 2003 | 90019201 | State Bank of Travancore | ₹1 Cr | Satisfied |
To see the full charge records of Slipons India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Slipons 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 Slipons India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Slipons India Private Limited has a workforce of 200 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
200
Active EPFO establishments
1
Employee growth
-25.09%
GST
Slipons India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCS7645L1ZZ | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Slipons India Private Limited, buy the company report.
Recent activity
Slipons India Private Limited has 9 board changes on record since 2002: 5 appointments and 4 cessations. The latest: Musthafa Valiya Parambil ceased to be Additional Director on 30 Sep 2014.
AGM
Slipons India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Slipons India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge registered on 19 Dec 2018 via Charge ID 100229119 with Axis Bank Limited was fully satisfied on 17 Jan 2022.
Charges
A charge with Axis Bank Limited of Rs. 11.50 Cr registered on 19 Dec 2018 with Charge ID 100229119 was modified on 26 Aug 2020.
Charges
A charge registered on 04 Dec 2012 via Charge ID 10393251 with State Bank Of Travancore was fully satisfied on 27 Nov 2019.
Charges
A charge registered on 05 Jun 2003 via Charge ID 80040696 with State Bank Of India was fully satisfied on 27 Nov 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 11.50 Cr with Charge ID 100229119 was registered on 19 Dec 2018.
Charges
A charge with State Bank Of India of Rs. 8.17 Cr registered on 05 Jun 2003 with Charge ID 80040696 was modified on 30 Oct 2018.
Ceased
Musthafa Valiya Parambil ceased to be Additional Director.
Appointed
Musthafa Valiya Parambil was appointed as Director.
Charges
A charge with State Bank Of Travancore amounted to Rs. 1.00 Cr with Charge ID 10393251 was registered on 04 Dec 2012.
Charges
A charge registered on 05 Jun 2003 via Charge ID 90019201 with State Bank Of Travancore was fully satisfied on 27 Feb 2010.
10 earlier events are in the company report.
Frequently asked questions
Slipons India is an active private limited company based in Malappuram, Kerala, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 28 October 2002 (24+ years old) and is registered under CIN U19202KL2002PTC015715.
Slipons India has 5 current directors:
- Abdul Razak Veluthedath - Managing Director
- Venugopal Madalath Vasudevan - Director
- Mammed Koya Vkc - Director
- Musthafa Valiya Parambil - Director
- Azeez Valiyaparambil - Director
The latest financial statements of Slipons 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 Slipons India is 32AAGCS7645L1ZZ, registered in Kerala.
The CIN (Corporate Identification Number) of Slipons India is U19202KL2002PTC015715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Slipons India was incorporated on 28 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Musthafa Valiya Parambil ceased to be Additional Director on 30 Sep 2014. Musthafa Valiya Parambil was appointed as Director on 01 Mar 2014. Abdul Razak Veluthedath ceased to be Director on 30 Sep 2008. Slipons India has 9 board changes on record in total.
Yes, Slipons India is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-09-0003584).
Slipons India can be reached through the website business.google.com. Its registered office is in Malappuram, Kerala, India.
The registered office of Slipons India is at 6115 A R Nagar Panchayathnh 17 Valiyaparamba P O Mamburam, Malappuram, Kerala, India – 676306.