Andromeda Packaging Private Limited

Manufactures corrugated boxes since 1994 in Bangalore, Karnataka.

1994 | Bangalore., Karnataka (India) | Active
Last Updated: June 18, 2024

Andromeda Packaging Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.96 M
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 44.43 Cr
  • Satisfied Charges ₹ 42.80 Cr
  • Revenue Growth 7.43%
  • Profit Growth 29.27%
  • Ebitda 30.33%
  • Net Worth 7.64%
  • Total Assets 21.59%

About Andromeda Packaging

Andromeda Packaging Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 1994 and has a history of 30 years and five months. Its registered office is in Bangalore., Karnataka, India.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.96 M.

The company currently has active open charges totaling ₹44.43 Cr. The company has closed loans amounting to ₹42.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Lath and Nikhil Lath serve as directors at the Company.

Company Details

  • Location

    Bangalore., Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fastkraft.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA1994PTC016277

  • Company No.

    016277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 1994

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

What products or services does Andromeda Packaging Private Limited offer?

Andromeda Packaging Private Limited offers a wide range of products and services, including Packaging Boxes, Cardboard Packaging Box.

Who are the key members and board of directors at Andromeda Packaging?

Board Members (2)

NameDesignationAppointment DateStatus
Suresh Lath Country flag representing In Director 19-Sep-1994Current
Nikhil Lath Country flag representing In Director 19-Sep-1994Current

Financial Performance of Andromeda Packaging.

Andromeda Packaging Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.43% increase. The company also saw a substantial improvement in profitability, with a 29.27% increase in profit. The company's net worth moved up by a moderate rise of 7.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.43%
Revenue from Operations
7.41%
Total Assets
21.59%
Profit or Loss
29.27%
Net Worth
7.64%
EBITDA
30.33%

What is the Ownership and Shareholding Structure of Andromeda Packaging?

In 2023, Andromeda Packaging had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹444.30 M

Satisfied Charges

₹428.02 M

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 42.93 Cr
  • Others : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2023Karnataka Bank Ltd.₹3.00 CrOpen
18 Jun 2022Others₹1.50 CrOpen
23 May 2022Karnataka Bank Ltd.₹39.93 CrOpen
26 Nov 2021Others₹1.71 CrSatisfied
15 Nov 2021Others₹1.00 CrSatisfied

How Many Employees Work at Andromeda Packaging?

Andromeda Packaging has a workforce of 63 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Andromeda Packaging, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Andromeda Packaging's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Andromeda Packaging

Recent activity within the organization

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 399.30 M registered on 23 May 2022 with Charge ID 100582848 was modified on 24 Nov 2023.

    24 Nov 2023

  • Annual General Meeting

    Andromeda Packaging Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Andromeda Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 30.00 M with Charge ID 100695471 was registered on 27 Mar 2023.

    27 Mar 2023

  • Charges

    A charge registered on 26 Nov 2021 via Charge ID 100543364 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

  • Charges

    A charge registered on 15 Nov 2021 via Charge ID 100543326 with Others was fully satisfied on 25 Jul 2022.

    25 Jul 2022

Frequently asked questions

  • Andromeda Packaging Private Limited was incorporated on 19 Sep 1994.

  • The authorized share capital of Andromeda Packaging Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.96 M.

  • Currently 2 directors are associated with Andromeda Packaging Private Limited.

    • Suresh Kumar Lath
    • Nikhil Lath
  • As per Ministry of Corporate Affairs (Mca), the registered address of Andromeda Packaging Private Limited is #39/2 Patnagkrs Roadoff Mysore Road Rv College Post, Bangalore., Karnataka, India, 560059.

  • The corporate identification number (CIN) of Andromeda Packaging Private Limited is U74999KA1994PTC016277 and the company number is 016277 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Andromeda Packaging Private Limited is https://www.fastkraft.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Andromeda Packaging Private Limited has risen by 7.43%.

  • As Per 2023 financial reports, 63 employees are currently employed by Andromeda Packaging Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Andromeda Packaging Private Limited has experienced an upsurge of 7.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Andromeda Packaging Private Limited amount to ₹ 44.43 Cr.

  • The most recent Balance Sheet for Andromeda Packaging Private Limited was filed with the ROC on 31 Mar 2023.