Astron Packaging Profile
Key Indicators
- Authorised Capital ₹ 2.95 Cr
- Paid Up Capital ₹ 2.95 Cr
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 298.28 Cr
- Satisfied Charges ₹ 153.20 Cr
- Revenue Growth -11.43%
- Profit Growth -85.59%
- Ebitda -23.34%
- Net Worth 1.39%
- Total Assets 5.75%
About Astron Packaging
Astron Packaging Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 July 2001 and has a history of 23 years and seven months. Its registered office is in Ahmedabad, Gujarat, India.
The Corporate was formerly known as Astron Packaging Private Limited. 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 2.95 Cr and a paid-up capital of Rs 2.95 Cr.
The company currently has active open charges totaling ₹298.28 Cr. The company has closed loans amounting to ₹153.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nimish Chudgar, Bina Chudgar, Ruchi Chudgar, and Four other members serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U21029GJ2001PLC039733
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Company No.
039733
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
03 Jul 2001
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Astron Packaging Limited offer?
Astron Packaging Limited offers a wide range of products and services, including Crates, Trays and Pallets, Tray Boxes, Labels: Adhesive, Fabric & Metal, Labels, Dye Intermediates, Dyestuff Intermediates, Corrugated Packaging Boxes, Corrugated Box, Paper Box, Medicine Packaging Boxes.
Who are the key members and board of directors at Astron Packaging?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhadresh Shah
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Director | 17-Jun-2021 | Current |
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Nimish Chudgar
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Director | 03-Jul-2001 | Current |
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Bina Chudgar
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Whole-Time Director | 04-Feb-2008 | Current |
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Ruchi Chudgar
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Whole-Time Director | 15-Apr-2008 | Current |
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Mukesh Shah
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Director | 17-Jun-2021 | Current |
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Binish Chudgar
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Director | 03-Jul-2001 | Current |
Financial Performance of Astron Packaging.
Astron Packaging Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.43% decrease. The company also saw a substantial fall in profitability, with a 85.59% decrease in profit. The company's net worth moved up by a moderate rise of 1.39%.
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What is the Ownership and Shareholding Structure of Astron Packaging?
In 2023, Astron 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.
Related Corporates (Common Directorship)
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Jina Pharmaceuticals Limited.Binish Chudgar is a mutual person
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Sm Herbals Private LimitedNimish Chudgar is a mutual person
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Advanced Transfusion Medicine Research FoundationUrmish Chudgar is a mutual person
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Accord Healthcare LimitedNimish Chudgar, Binish Chudgar and 1 more are mutual person
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Intas Pharmaceuticals LimitedNimish Chudgar, Binish Chudgar and 1 more are mutual person
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Lambda Therapeutic Research LimitedBinish Chudgar is a mutual person
Charges (Loans)
₹298.28 Cr
₹153.20 Cr
Charges Breakdown by Lending Institutions
- Others : 225.94 Cr
- Hdfc Bank Limited : 72.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Aug 2024 | Hdfc Bank Limited | ₹24.07 Cr | Open |
| 14 Jan 2022 | Others | ₹17.08 Cr | Open |
| 21 Dec 2020 | Others | ₹14.06 Cr | Open |
| 13 Aug 2020 | Others | ₹4.80 Cr | Open |
| 26 Jun 2020 | Hdfc Bank Limited | ₹43.75 Cr | Open |
How Many Employees Work at Astron Packaging?
Astron Packaging has a workforce of 269 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Astron 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 Astron Packaging's trajectory.
Rating
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
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.