Lippi Systems Limited - Company overview

Lippi Systems is a listed public limited company, first registered with ROC Ahmedabad on 8 October 1993.

1993-10-08 Daskroi, Gujarat Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–25 Cr
▲ 4.6%
FY 2022
PROFIT / LOSS
₹50 Lakh–1 Cr
▲ 297.8%
FY 2022
EBITDA
Loss · ₹1–5 Cr
▼ -234.2%
FY 2022
NET WORTH
₹10–25 Cr
▲ 2.9%
FY 2022
TOTAL ASSETS
₹25–50 Cr
▼ -18.7%
FY 2022
EMPLOYEE COUNT
21–30
OPEN CHARGES
2
-
PAID-UP CAPITAL
7.00 cr
AUTHORISED CAPITAL
15.00 cr
COMPANY AGE
33 Years 0 Months
since 1993-10-08
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
1
Updated: 2023-11-16 17:04:09
SATISFIED CHARGES
8
34.63 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Lippi Systems covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
77/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (44), financial health (95), director (90) and company-foundation signals.
  • Operating for 33+ years.
Compliance Score High risk
44/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
95/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2022.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 7 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Lippi Systems Company identity, industry, contact, and registration details from MCA and company records.

Lippi Systems is a listed public limited company, first registered with ROC Ahmedabad on 8 October 1993. Its registered office is at 601 & 602, 6Th Floor, Shaligram Corporates, Daskroi, Gujarat. It was earlier known as Lippi Systems Private Limited.

Its filings describe the main line of business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment, which made up 100.00% of turnover.

It has seven directors: Apexa Ajaykumar Panchal, Nandlal Jaigopal Agrawal, Kunal Nandlal Agrawal and 4 others. The longest-serving is Nandlal Jaigopal Agrawal, on the board since 1993; the most recent to join is Apexa Ajaykumar Panchal, appointed in May 2024. Nandlal Jaigopal Agrawal is the managing director. 12 former directors are on record; the most recent to leave was Kamlesh Sunderlal Sharma in March 2024. Between them, the directors also sit on the boards of 22 other companies, including Satyasarthi Buildcon Private Limited and Satyasarthi Estate Organisers Private Limited.

Paid-up capital stands at ₹7 crore out of ₹15 crore authorised. The last AGM on record was on 30 September 2025, for accounts made up to 31 March 2025. All eight charges registered against it have been satisfied, so no secured loan is open. Its shares trade on BSE (526604).

Machinery and Equipment ••••••••
  • Location 601 & 602, 6Th Floor, Shaligram Corporates, Daskroi, Gujarat - 380058
  • Website lippisystems.com
Name History
Legal NameLippi Systems Limited
CIN / LLPINL22100GJ1993PLC020382
Company No.020382
Stock Symbol BSE: 526604
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1993-10-08
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Ahmedabad
Credit RatingB+ (Brickwork)
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Lippi Systems (7) Current board members from MCA filings, including designation and appointment details.

A
Director | Since 2024-05-30 | DIN: 10239502
N
Managing Director | Since 1993-10-08 | DIN: 00336556
K
Whole-time director | Since 2013-01-01 | DIN: 00169324
D
Darshan Bipinchandra Shah
Company Secretary | Since 2014-06-11
T
Director | Since 2010-03-04 | DIN: 02972285
G
Gopalkrishna D Sharma
CFO | Since 2014-06-10

Financial Performance of Lippi Systems Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue ₹10–25 Cr ▲ 4.6%
P&L ₹50 Lakh–1 Cr ▲ 297.8%
EBITDA Loss · ₹1–5 Cr ▼ -234.2%
Net worth ₹10–25 Cr ▲ 2.9%

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Verified entity values are shown only after access is granted.

Charges of Lippi Systems Open and satisfied charges registered against the company with MCA.

Indian Overseas Bank : 31.48 cr
Bank Of Baroda : 1.51 cr
Open Charges: 2 Satisfied Charges: 8
Open -
Satisfied 34.63 cr
LenderAmountStatus
Indian Overseas Bank
Creation Date: 12 Sep 2008
9.74 cr Closed
Indian Overseas Bank
Creation Date: 21 Jun 2006
6.00 cr Closed
Indian Overseas Bank
Creation Date: 08 Oct 2005
6.00 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingElectrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment100.00

Companies With Common Directors Of Lippi Systems Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Lippi Systems Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Lippi Systems Ownership and contribution detail from filings. Full breakdown unlocks with your report.

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Lippi Systems EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Lippi Systems GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Lippi Systems Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

1 regulatory flag on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Lippi Systems MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Lippi Systems Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Lippi Systems Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Lippi Systems?
MCA does not publish an "owner" field. Lippi Systems is run by its directors, Apexa Ajaykumar Panchal, Nandlal Jaigopal Agrawal, Kunal Nandlal Agrawal and four others, with Nandlal Jaigopal Agrawal as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Lippi Systems?
Lippi Systems has seven current directors: Apexa Ajaykumar Panchal (since May 2024), Nandlal Jaigopal Agrawal (since October 1993), Kunal Nandlal Agrawal (since January 2013), Darshan Bipinchandra Shah (since June 2014), Tirthraj Ashokbhai Pandya (since March 2010) and Gopalkrishna D Sharma (since June 2014), plus 1 more. Nandlal Jaigopal Agrawal is the managing director.
What is CIN of Lippi Systems?
The CIN of Lippi Systems is L22100GJ1993PLC020382. Reading it left to right: L means it is listed, 22100 is the industry code it registered under, GJ is Gujarat, 1993 is the year it was registered, PLC is the company type and 020382 is its registration number.
When was Lippi Systems incorporated?
Lippi Systems was incorporated on 8 October 1993 with ROC Ahmedabad. That makes it more than 33 years old.
What is the registered address of Lippi Systems?
The registered office on MCA records is 601 & 602, 6Th Floor, Shaligram Corporates, Daskroi, Gujarat - 380058.
What is the current status of Lippi Systems?
MCA shows Lippi Systems as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Lippi Systems?
You can post to its registered office at 601 & 602, 6Th Floor, Shaligram Corporates, Daskroi, Gujarat - 380058 and use its website, https://lippisystems.com.
What industry or business activity is Lippi Systems associated with?
Its MCA filings list the main business as electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment (100.00% of turnover).
What is paid-up capital and authorised share capital of Lippi Systems?
Paid-up capital is ₹7 crore and authorised capital is ₹15 crore, so about 47% of the authorised amount has been issued.
When did Lippi Systems last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Lippi Systems?
No charge is open. All eight charges registered against Lippi Systems have been satisfied. Lenders named in the filings include Indian Overseas Bank and Bank Of Baroda.
Have any directors left Lippi Systems?
Yes, 12 former directors are on record. The most recent to leave were Kamlesh Sunderlal Sharma (March 2024), Swetalben Pravinkumar Sapra (September 2019) and Jesal Pravinchandra Shah (August 2019).
Which companies share directors with Lippi Systems?
22 companies share directors with Lippi Systems. Among them are Satyasarthi Buildcon Private Limited, Satyasarthi Estate Organisers Private Limited, Satyasurya Infrastructures Private Limited and 19 more.
What is the turnover or revenue of Lippi Systems?
Based on filed financial statements, the revenue of Lippi Systems for FY 2022 was in the ₹10–25 Cr range. That is up 4.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Lippi Systems?
For FY 2022, the net worth of Lippi Systems was in the ₹10–25 Cr range.
How can I get the financial details of Lippi Systems?
The latest accounts on record are for FY 2022. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Lippi Systems?
The website on record for Lippi Systems is https://lippisystems.com.
Which company owns lippisystems.com?
lippisystems.com is the website listed for Lippi Systems Limited in its company records.
Is Lippi Systems registered with any stock exchange in India?
It is listed on BSE with scrip code 526604.
Lippi Systems - is it listed or unlisted?
Lippi Systems is a listed company, and its CIN starts with L.
What is the ROC code of Lippi Systems?
Lippi Systems is registered with ROC Ahmedabad.
What is the company classification of Lippi Systems?
MCA classifies Lippi Systems as: Public Limited Indian Non-Government Company.
Does Lippi Systems have GST registrations on file?
Yes, one active GST registration is linked to Lippi Systems.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.