Ashit Packaging Private Limited

Manufacturer of corrugated boxes with registered office in Mumbai, Maharashtra since 1982.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: January 20, 2025

Ashit Packaging Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 42 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.32 Cr
  • Revenue Growth 24.89%
  • Profit Growth -98.62%
  • Ebitda -70.27%
  • Net Worth 1.89%
  • Total Assets 21.80%

About Ashit Packaging

Ashit Packaging Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1982 and has a history of 42 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2.00 M.

The company currently has active open charges totaling ₹2.32 Cr.

Ashit Vadhani, Kamini Vadhani, and Pooja Vadhani serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65990MH1982PTC027318

  • Company No.

    027318

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Jun 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

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

Board Members (3)

Name Designation Appointment Date Status
Pooja Vadhani Country flag representing In Director 11-Apr-2011 Current
Kamini Vadhani Country flag representing In Director 22-Mar-1999 Current
Ashit Vadhani Country flag representing In Director 04-Jun-1982 Current

Financial Performance of Ashit Packaging.

Ashit Packaging Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.89% increase. The company also saw a substantial fall in profitability, with a 98.62% decrease in profit. The company's net worth moved up by a moderate rise of 1.89%.

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
24.89%
Revenue from Operations
24.90%
Total Assets
21.80%
Profit or Loss
-98.62%
Net Worth
1.89%
EBITDA
-70.27%

What is the Ownership and Shareholding Structure of Ashit Packaging?

In 2023, Ashit Packaging had a public holding of 39.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.10 Cr
  • The Bharat Co-Operative Bank(Mumbai) Ltd : 0.92 Cr
  • The Bharat Co-Operative Bank (Mumbai) Limited : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
13 May 2023 The Bharat Co-Operative Bank(Mumbai) Ltd ₹1.87 M Open
02 Aug 2022 The Bharat Co-Operative Bank(Mumbai) Ltd ₹2.50 M Open
11 Sep 2020 Others ₹1.70 M Open
25 May 2018 Others ₹0.83 M Open
12 Nov 2012 The Bharat Co-Operative Bank(Mumbai) Ltd ₹1.50 M Open

How Many Employees Work at Ashit Packaging?

Ashit Packaging has a workforce of 9 employees as of Apr 06, 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 Ashit 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 Ashit 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 Ashit Packaging

Recent activity within the organization

  • Annual General Meeting

    Ashit Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 1.87 M with Charge ID 100731875 was registered on 13 May 2023.

    13 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with The Bharat Co-Operative Bank(Mumbai) Ltd amounted to Rs. 2.50 M with Charge ID 100634071 was registered on 02 Aug 2022.

    02 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 1.70 M with Charge ID 100374901 was registered on 11 Sep 2020.

    11 Sep 2020

  • Charges

    A charge with Others of Rs. 8.50 M registered on 08 Aug 2008 with Charge ID 10119084 was modified on 06 Sep 2019.

    06 Sep 2019

Frequently asked questions

  • Ashit Packaging Private Limited was incorporated on 04 Jun 1982.

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

  • Currently 3 directors are associated with Ashit Packaging Private Limited.

    • Ashit Popatlal Vadhani
    • Kamini Ashit Vadhani
    • Pooja Ashit Vadhani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ashit Packaging Private Limited is 109 Diamod Industrialw E Highway Goregaon East India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Ashit Packaging Private Limited is U65990MH1982PTC027318 and the company number is 027318 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ashit Packaging Private Limited has risen by 24.89%.

  • As Per 2023 financial reports, 9 employees are currently employed by Ashit Packaging Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ashit Packaging Private Limited has experienced an upsurge of 1.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ashit Packaging Private Limited amount to ₹ 2.32 Cr.

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

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