MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0003151
Tipco Industries Private Limited - manufacturing in Valsad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.34 Cr
▲ 5% YoY
Net profit · FY 2025
₹4.74 Cr
Net margin 5.1%
EBITDA · FY 2025
₹8.65 Cr
EBITDA margin 9.3%
Authorised capital
₹10.5 Cr
Registered with MCA
Paid-up capital
₹7.83 Cr
Issued & subscribed
Open charges
₹7.35 Cr
Satisfied ₹189.33 Cr
Company age
74 yrs
Est. 1952
Directors on board
10
As per MCA filings
About Tipco Industries Private Limited
Data last updated:
Tipco Industries Private Limited is a private limited company based in Valsad, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 01 October 1952 and has been in existence for over 74 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ1952PTC030480. Its GSTIN is 24AAACT1678E1ZJ (Gujarat). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10.5 Cr and a paid-up capital of ₹7.83 Cr. It was formerly known as Tipco Industries Limited. It is led by directors including Achal Nirmal Thakkar (Managing Director) and Nirmal Bapulal Thakkar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dharampur Cross Road National Highway 8 Abrama, Valsad, Gujarat, India – 396002.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.34 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.74 Cr (net margin 5.1%) and EBITDA of ₹8.65 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company is associated with 1 brand: Tipwood. As per MCA filings, the company has open charges of ₹7.35 Cr and satisfied charges of ₹189.33 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Tipco Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0003151). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tipco.in.
Company details
CIN U74999GJ1952PTC030480
Registration Number 030480
Incorporation Date 01 October 1952
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0003151
CIN history
Tipco Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999GJ1952PTC030480, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ1952PTC030480 | Current |
| U74999GJ1952PLC030480 | Previous |
| U74999GJ1996PLC030480 | Previous |
Key People
Achal Nirmal Thakkar Managing Director Nirmal Bapulal Thakkar Whole-Time Director Aniruddha Sarin Whole-Time Director Recognitions & Rankings of Tipco Industries
Contact details
Tipco Industries Private Limited's registered office is in Valsad, Gujarat.
- Registered AddressDharampur Cross Road National Highway 8 Abrama, Valsad, Gujarat, India – 396002
- IndustryManufacturing, Plastic & Resins
Comprehensive company report
Tipco Industries 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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Brands
Tipco Industries operates one associated brand: Tipwood. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacture of natural fiber composites is conducted for construction and building applications in India. | tipwood.com |
Business activity
The main business activity of Tipco Industries 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 Tipco Industries Private Limited, buy the company report.
Financials of Tipco Industries Private Limited
FY 2025 filings availableTipco Industries Private Limited reported revenue of ₹93.34 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹93.34 Cr ▲ 5%
Net profit · FY 2025
₹4.74 Cr margin 5.1%
EBITDA · FY 2025
₹8.65 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 9%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 13%
5 years · compounded
▼ 14%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA fell 19% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | 9.3% | ||||
| Net Profit Margin | 5.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tipco Industries Private Limited, buy the company report.
Board of directors of Tipco Industries Private Limited
Tipco Industries has 10 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Bapulal Thakkar | Whole-Time Director | 17 Jan 1984 | 42 Years 9 Months | Current |
| Abhay Bimalchandra Thakkar | Director | 01 Jul 1994 | 32 Years 4 Months | Current |
| Aniruddha Sarin Also directs: Autotech-Sirmax India Private Limited | Whole-Time Director | 06 Sep 2008 | 18 Years 2 Months | Current |
| Baldev Garhwal Also directs: Autotech-Sirmax India Private Limited | Whole-Time Director | 06 Sep 2003 | 23 Years 2 Months | Current |
| Achal Nirmal Thakkar | Managing Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Prakash Nirmal Thakkar | Whole-Time Director | 30 Oct 2009 | 17 Years 0 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
Tipco Industries Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deep Polymers Limited | ₹100.91 Cr (FY 2025) | -6.0% | Gandhinagar, Gujarat, India | |||
| Tipco Industries Private Limitedthis company | ₹93.34 Cr (FY 2025) | ₹4.74 Cr | 5.1% | 5.0% | Valsad, Gujarat, India | |
| Atulya Porima Limited | ₹89.15 Cr (FY 2025) | -1.0% | Delhi, India | |||
| Repetro Polymers Private Limited | ₹88.16 Cr (FY 2025) | 47.0% | Delhi, India |
To see the full peer comparison of Tipco Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.35 Cr
Satisfied charges
₹189.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2025 | 101107088 | Hdfc Bank Limited | ₹36 Lakh | Open | |
| 17 Mar 2025 | 101090210 | Hdfc Bank Limited | ₹36 Lakh | Open | |
| 14 Feb 2025 | 101052492 | The Jammu and Kashmir Bank Limited | ₹35.8 Lakh | Open | |
| 03 Dec 2024 | 101019998 | The Jammu and Kashmir Bank Limited | ₹36 Lakh | Open | |
| 27 Sep 2024 | 100983884 | Others | ₹3 Cr | Open |
To see the full charge records of Tipco Industries Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Tipco Industries Private Limited has 2 court cases on record: 1 filed by Tipco Industries, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Milan Products LLP and 3 others | Disposed |
| District court, Valsad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Tipco Industries 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
Tipco Industries Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 98 overdue payments to 22 micro and small suppliers. 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 (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H B R Chemicals Private Limited | |||
| an individual supplier | |||
| Vinzai Chemical Industries Private Limited | |||
| Arrow Packaging | |||
| an individual supplier |
To see the full MSME payment records of Tipco Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tipco Industries has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT1678E1ZJ | Gujarat | Active | 01 Jul 2017 |
| 27AAACT1678E1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tipco Industries Private Limited, buy the company report.
Recent activity
Tipco Industries Private Limited has 18 board changes on record since 1984: 10 appointments and 8 cessations. The latest: Henricus Jacobus Maria Van Dijk ceased to be Additional Director on 30 Oct 2020.
AGM
Tipco Industries Private Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101107088 was registered on 21 Apr 2025.
Filing
Tipco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101090210 was registered on 17 Mar 2025.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101052492 was registered on 14 Feb 2025.
Charges
A charge with The Jammu And Kashmir Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101019998 was registered on 03 Dec 2024.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100983884 was registered on 27 Sep 2024.
Charges
A charge with Others amounted to Rs. 1.80 Cr with Charge ID 100945994 was registered on 21 Jun 2024.
Charges
A charge registered on 01 Mar 2024 via Charge ID 100879077 with Axis Bank Limited was fully satisfied on 28 May 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.95 Cr with Charge ID 100879077 was registered on 01 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100811544 was registered on 03 Nov 2023.
Charges
A charge registered on 21 Mar 2022 via Charge ID 100555453 with Uco Bank was fully satisfied on 13 Sep 2022.
45 earlier events are in the company report.
Frequently asked questions
Tipco Industries is an active private limited company based in Valsad, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 01 October 1952 (74+ years old) and is registered under CIN U74999GJ1952PTC030480.
Tipco Industries has 10 current directors:
- Achal Nirmal Thakkar - Managing Director
- Nirmal Bapulal Thakkar - Whole-Time Director
- Aniruddha Sarin - Whole-Time Director
- Baldev Garhwal - Whole-Time Director
- Prakash Nirmal Thakkar - Whole-Time Director
- Sital Nirmal Thakkar - Whole-Time Director
- Abhay Bimalchandra Thakkar - Director
- Henricus Jacobus Maria Van Dijk - Director
- Jagadishchandra Gupta - Director
- Kedar Jagdish Desai - Director
The latest financial statements of Tipco Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tipco Industries is 24AAACT1678E1ZJ, registered in Gujarat. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACT1678E1ZD (Maharashtra).
The CIN (Corporate Identification Number) of Tipco Industries is U74999GJ1952PTC030480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tipco Industries has 2 court cases on record: 1 filed by the company and 1 filed against it.
Tipco Industries was incorporated on 01 October 1952, making it 74+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tipco Industries by revenue are Deep Polymers Limited, Atulya Porima Limited, Repetro Polymers Private Limited, all in the Manufacturing industry (Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Henricus Jacobus Maria Van Dijk ceased to be Additional Director on 30 Oct 2020. Henricus Jacobus Maria Van Dijk was appointed as Director on 23 Oct 2020. Kedar Jagdish Desai ceased to be Additional Director on 28 Sep 2019. Tipco Industries has 18 board changes on record in total.
Yes, Tipco Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0003151).
Tipco Industries has 14 MSME Form 1 returns on record between 2019 and 2024, listing 98 overdue payments to 22 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Tipco Industries can be reached through the website tipco.in. Its registered office is in Valsad, Gujarat, India.
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