MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0094755
Vraj Integrated Textile Park Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.08 Cr
▼ 54% YoY
Net loss · FY 2025
₹2.84 Cr
Net margin -92.3%
EBITDA · FY 2025
₹1.53 Cr
EBITDA margin 49.6%
Authorised capital
₹50 Cr
Registered with MCA
Paid-up capital
₹43.28 Cr
Issued & subscribed
Open charges
₹83.73 Cr
Satisfied ₹1,281.32 Cr
Company age
21 yrs
Est. 2005
Directors on board
5
As per MCA filings
About Vraj Integrated Textile Park Limited
Data last updated:
Vraj Integrated Textile Park Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 30 December 2005 and has been in existence for over 21 years.
Its director Jaiprakash Chiripal and family are #1,028 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45300GJ2005PLC047423. Its GSTIN is 24AACCV1988P1ZN (Gujarat).
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹43.28 Cr. It is led by directors including Jaiprakash Devkinandan Chiripal (Managing Director) and Bharat Omprakash Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chiripal House Shivranjanicross Roads Satellite Ahmedabad 380 015, Gujarat, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.08 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹2.84 Cr (net margin -92.3%) and EBITDA of ₹1.53 Cr (EBITDA margin 49.6%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹83.73 Cr and satisfied charges of ₹1,281.32 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
Vraj Integrated Textile Park Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0094755). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiripalgroup.com.
Company details
CIN U45300GJ2005PLC047423
Registration Number 047423
Incorporation Date 30 December 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0094755
CIN history
Vraj Integrated Textile Park has one previous CIN (Corporate Identification Number): U45300GJ2005PTC047423. The current CIN is U45300GJ2005PLC047423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45300GJ2005PLC047423 | Current |
| U45300GJ2005PTC047423 | Previous |
Key People
Jaiprakash Devkinandan Chiripal Managing Director Saurabh Kumar Sinha Nominee Director Bharat Omprakash Agrawal Director Recognitions & Rankings of Vraj Integrated Textile Park
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,028 Jaiprakash Chiripal & family ₹2,600 Cr
Contact details
Vraj Integrated Textile Park Limited's registered office is in Ahmedabad, Gujarat. Its website is chiripalgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressChiripal House Shivranjanicross Roads Satellite Ahmedabad 380 015, Gujarat, India
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Vraj Integrated Textile Park Limited, buy the company report.
Comprehensive company report
Vraj Integrated Textile Park 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 Vraj Integrated Textile Park is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Vraj Integrated Textile Park Limited, buy the company report.
Financials of Vraj Integrated Textile Park Limited
FY 2024 filings availableVraj Integrated Textile Park Limited reported revenue of ₹3.08 Cr (down 54% YoY) for FY 2025.
Revenue · FY 2025
₹3.08 Cr ▼ 54%
Net loss · FY 2025
₹2.84 Cr margin -92.3%
EBITDA · FY 2025
₹1.53 Cr margin 49.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 51%
5 years · compounded
▼ 42%
EBITDA CAGR growth
1 year
▲ 137%
3 years · compounded
▼ 27%
5 years · compounded
▼ 31%
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 54% fall in the latest year. EBITDA rose 137% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.84 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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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 | 49.6% | ||||
| Net Profit Margin | -92.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Vraj Integrated Textile Park Limited, buy the company report.
Board of directors of Vraj Integrated Textile Park Limited
Vraj Integrated Textile Park has 5 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Kumar Sinha | Nominee Director | 31 Dec 2018 | 7 Years 10 Months | Current |
| Jaiprakash Devkinandan Chiripal Also directs: Chiripal Industries Limited, Nandan Chiripal Energy Coporation LLP, Nandan Corporation LLP and 5 more | Managing Director | 01 Mar 2006 | 20 Years 7 Months | Current |
| Bharat Omprakash Agrawal Also directs: Guganram Textiles Limited | Director | 17 Jun 2013 | 13 Years 4 Months | Current |
| Rishi Agrawal Pawankumar Also directs: Rishiwant Textile Private Limited, Supernova Exim Private Limited, Vrindavan Furnishing Private Limited and 5 more | Director | 29 Sep 2017 | 9 Years 1 Months | Current |
| Rajesh Premchand Bindal Also directs: Ace Fabrics LLP, Chiripal Industries Limited, Narol Textile Infrastructure & Enviro Management and 1 more | Director | 30 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Vraj Integrated Textile Park Limited is audited by J. T. SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. T. SHAH & CO. | FY 2022 | 109616W |
Shareholding
The shareholding of Vraj Integrated Textile Park Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vraj Integrated Textile Park Limited, buy the company report.
Charges & borrowings
Open charges
₹83.73 Cr
Satisfied charges
₹1,281.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2016 | 100027010 | Others | ₹83.73 Cr | Open | |
| 13 Sep 2019 | 100292149 | Others | ₹1,180.7 Cr | Satisfied | |
| 23 Mar 2017 | 100089293 | Others | ₹44.62 Cr | Satisfied | |
| 06 May 2010 | 10222632 | Idbi Bank Limited | ₹36 Cr | Satisfied | |
| 19 Mar 2009 | 10152433 | State Bank of Bikaner and Jaipur | ₹20 Cr | Satisfied |
To see the full charge records of Vraj Integrated Textile Park Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Vraj Integrated Textile Park Limited has 4 court cases on record: 3 filed by Vraj Integrated Textile Park, 1 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (OJA) | Filed by the company against NPL Industries Pvt Ltd and 18 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 10 others | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Ravi Builders | Disposed |
To see the full case history of Vraj Integrated Textile Park 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.
Credit ratings & regulatory alerts
Vraj Integrated Textile Park Limited was last rated by Icra on 25 Apr 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 25 Apr 2017 |
To see the full credit ratings and regulatory alerts of Vraj Integrated Textile Park Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vraj Integrated Textile Park Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vraj Integrated Textile Park has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV1988P1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vraj Integrated Textile Park Limited, buy the company report.
Recent activity
Vraj Integrated Textile Park Limited has 19 board changes on record since 2005: 5 appointments and 14 cessations. The latest: Saahil Vinay Dudhaiya ceased to be Nominee Director on 22 Apr 2019.
Charges
A charge with Others of Rs. 83.73 Cr registered on 23 Mar 2016 with Charge ID 100027010 was modified on 10 Jun 2025.
Charges
A charge registered on 13 Sep 2019 via Charge ID 100292149 with Others was fully satisfied on 21 Oct 2024.
AGM
Vraj Integrated Textile Park Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Vraj Integrated Textile Park Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 23 Mar 2017 via Charge ID 100089293 with Others was fully satisfied on 23 Mar 2024.
Charges
A charge with Others of Rs. 1,180.70 Cr registered on 13 Sep 2019 with Charge ID 100292149 was modified on 12 Nov 2020.
Charges
A charge with Others amounted to Rs. 1,180.70 Cr with Charge ID 100292149 was registered on 13 Sep 2019.
Ceased
Saahil Vinay Dudhaiya ceased to be Nominee Director.
Appointed
Saurabh Kumar Sinha was appointed as Nominee Director.
Ceased
Suresh Ramchandra Dhanawadkar ceased to be Nominee Director.
Ceased
Rishi Agrawal Pawankumar ceased to be Additional Director.
Appointed
Rishi Agrawal Pawankumar was appointed as Director.
23 earlier events are in the company report.
Frequently asked questions
Vraj Integrated Textile Park is an active public limited company based in Ahmedabad, Gujarat, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 30 December 2005 (21+ years old) and is registered under CIN U45300GJ2005PLC047423.
Vraj Integrated Textile Park has 5 current directors:
- Jaiprakash Devkinandan Chiripal - Managing Director
- Saurabh Kumar Sinha - Nominee Director
- Bharat Omprakash Agrawal - Director
- Rishi Agrawal Pawankumar - Director
- Rajesh Premchand Bindal - Director
The latest financial statements of Vraj Integrated Textile Park on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Vraj Integrated Textile Park is 24AACCV1988P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Vraj Integrated Textile Park is U45300GJ2005PLC047423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vraj Integrated Textile Park has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Vraj Integrated Textile Park was incorporated on 30 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Saahil Vinay Dudhaiya ceased to be Nominee Director on 22 Apr 2019. Saurabh Kumar Sinha was appointed as Nominee Director on 31 Dec 2018. Suresh Ramchandra Dhanawadkar ceased to be Nominee Director on 19 Jul 2018. Vraj Integrated Textile Park has 19 board changes on record in total.
Yes, Vraj Integrated Textile Park is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0094755).
Vraj Integrated Textile Park can be reached through the website chiripalgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
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