Mahika Packaging (India) Limited

Packaging company specializing in dispensing closures for various industries.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: February 05, 2025

Mahika Packaging (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.40 Cr
  • Satisfied Charges ₹ 44.76 Cr
  • Revenue Growth -32.69%
  • Profit Growth -35.08%
  • Ebitda 55.32%
  • Net Worth 16.97%
  • Total Assets 30.66%

About Mahika Packaging (India)

Mahika Packaging (India) Limited (MPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 2005 and has a history of 19 years and one month. 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 10.00 Cr.

The company currently has active open charges totaling ₹69.40 Cr. The company has closed loans amounting to ₹44.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahika Packaging (India) Limited India is Divakar Chavan as CFO. Amit Gupta, Sumit Gupta, Sushil Gupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74950MH2005PLC158451

  • Company No.

    158451

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Mahika Packaging (India) Limited offer?

Mahika Packaging (India) Limited offers a wide range of products and services, including Aluminium,Tin Can & Metal Containers, Aluminum Packaging Tubes, Plastic Containers & Bottles, Pharmaceutical Containers, Packing Seals, Tamper Evident Seal.

Who are the key members and board of directors at Mahika Packaging (India)?

Executive Team (2)

Name Designation Appointment Date Status
Amit Gupta Country flag representing In Managing Director 29-Dec-2005 Current
Divakar Chavan CFO 24-Dec-2020 Current

Board Members (3)

Name Designation Appointment Date Status
Sumit Gupta Country flag representing In Whole-Time Director 29-Dec-2005 Current
Sushil Gupta Country flag representing In Director 29-Dec-2005 Current
Gunjan Mehra Country flag representing In Director 18-Mar-2021 Current

Financial Performance of Mahika Packaging (India).

Mahika Packaging (India) Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 32.69% decrease. The company also saw a substantial fall in profitability, with a 35.08% decrease in profit. The company's net worth Soared by an impressive increase of 16.97%.

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
-32.69%
Revenue from Operations
-31.96%
Total Assets
30.66%
Profit or Loss
-35.08%
Net Worth
16.97%
EBITDA
55.32%

What is the Ownership and Shareholding Structure of Mahika Packaging (India)?

In 2024, Mahika Packaging (India) 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

₹69.40 Cr

Satisfied Charges

₹44.76 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 45.44 Cr
  • Others : 23.96 Cr

Latest Charge Details

Date Lender Amount Status
21 Oct 2024 Others ₹11.61 Cr Open
21 Oct 2024 Others ₹12.36 Cr Open
24 Sep 2024 Indian Bank ₹2.50 Cr Open
06 May 2024 Indian Bank ₹1.71 Cr Open
28 Jul 2022 Indian Bank ₹10.30 Cr Open

How Many Employees Work at Mahika Packaging (India)?

Mahika Packaging (India) has a workforce of 139 employees as of Feb 05, 2025. 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 Mahika Packaging (India), 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 Mahika Packaging (India)'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 Mahika Packaging (India)

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 11.61 Cr with Charge ID 101026529 was registered on 21 Oct 2024.

    21 Oct 2024

  • Charges

    A charge with Others amounted to Rs. 12.36 Cr with Charge ID 101026532 was registered on 21 Oct 2024.

    21 Oct 2024

  • Annual General Meeting

    Mahika Packaging (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 2.50 Cr with Charge ID 100982008 was registered on 24 Sep 2024.

    24 Sep 2024

  • Charges

    A charge registered on 07 Sep 2020 via Charge ID 100371151 with Indian Bank was fully satisfied on 16 Sep 2024.

    16 Sep 2024

  • Charges

    A charge registered on 27 Oct 2021 via Charge ID 100504610 with Standard Chartered Bank was fully satisfied on 06 Aug 2024.

    06 Aug 2024

Frequently asked questions

  • Mahika Packaging (India) Limited was incorporated on 29 Dec 2005.

  • The authorized share capital of Mahika Packaging (India) Limited is ₹ 10.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 5 directors are associated with Mahika Packaging (India) Limited.

    • Amit Sushil Gupta
    • Sumit Sushil Gupta
    • Sushil Brijlal Gupta
    • Gunjan Parun Mehra
    • Divakar Balkrishna Chavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahika Packaging (India) Limited is 210 Quantum Tower 2Nd Floor Rambaug Lane Off S.V. Road Chincholi Malad (West), India, Mumbai, Maharashtra, 400064.

  • The corporate identification number (CIN) of Mahika Packaging (India) Limited is U74950MH2005PLC158451 and the company number is 158451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahika Packaging (India) Limited is https://www.mahikapack.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Mahika Packaging (India) Limited has fallen by -32.69%.

  • As Per 2024 financial reports, 139 employees are currently employed by Mahika Packaging (India) Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Mahika Packaging (India) Limited has experienced an upsurge of 16.97%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Mahika Packaging (India) Limited amount to ₹ 69.40 Cr.

  • The most recent Balance Sheet for Mahika Packaging (India) Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Industrial Packaging Solutions