Packeasy Flexibles Private Limited

Manufactures multiwall paper sacks using various materials, incorporated in 2017, based in Chennai.

2017 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Packeasy Flexibles Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.51 Cr
  • Satisfied Charges ₹ 1.78 Cr
  • Revenue Growth 16.52%
  • Profit Growth 9.21%
  • Ebitda 39.30%
  • Net Worth 10.59%
  • Total Assets -9.32%

About Packeasy Flexibles

Packeasy Flexibles Private Limited (PFPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 November 2017 (Seven years and three months 28 days old ). Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Engineering 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 4.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹1.51 Cr. The company has closed loans amounting to ₹1.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Tanjore Baskar and Balakrishnan Balakrishnan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21021TN2017PTC119354

  • Company No.

    119354

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

Who are the key members and board of directors at Packeasy Flexibles?

Board Members (2)

NameDesignationAppointment DateStatus
Balakrishnan Balakrishnan Country flag representing In Director 03-Nov-2017Current
Tanjore Baskar Country flag representing In Director 03-Nov-2017Current

Financial Performance of Packeasy Flexibles.

Packeasy Flexibles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.52% increase. The company also saw a slight improvement in profitability, with a 9.21% increase in profit. The company's net worth Soared by an impressive increase of 10.59%.

Packeasy Flexibles revenue growth over time
Packeasy Flexibles 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
16.52%
Revenue from Operations
16.49%
Total Assets
-9.32%
Profit or Loss
9.21%
Net Worth
10.59%
EBITDA
39.30%

What is the Ownership and Shareholding Structure of Packeasy Flexibles?

Unlock access to Packeasy Flexibles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.06 M

Satisfied Charges

₹17.78 M

Charges Breakdown by Lending Institutions

  • Others : 1.51 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹0.86 MOpen
29 Aug 2024Others₹1.42 CrOpen
23 Feb 2023Bank Of India₹1.14 MSatisfied
30 Jun 2020Bank Of India₹2.27 MSatisfied
17 Feb 2020Bank Of India₹1.88 MSatisfied

How Many Employees Work at Packeasy Flexibles?

Unlock and access historical data on people associated with Packeasy Flexibles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Packeasy Flexibles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Packeasy Flexibles, 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 Packeasy Flexibles'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 Packeasy Flexibles

Recent activity within the organization

  • Annual General Meeting

    Packeasy Flexibles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 23 Feb 2023 via Charge ID 100689208 with Bank Of India was fully satisfied on 16 Sep 2024.

  • Charges

    A charge registered on 30 Jun 2020 via Charge ID 100361364 with Bank Of India was fully satisfied on 16 Sep 2024.

  • Charges

    A charge registered on 31 Jul 2018 via Charge ID 100205196 with Bank Of India was fully satisfied on 16 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 0.86 M with Charge ID 100983299 was registered on 29 Aug 2024.

  • Charges

    A charge with Others amounted to Rs. 14.20 M with Charge ID 100983318 was registered on 29 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Packeasy Flexibles Private Limited?

    Packeasy Flexibles Private Limited was incorporated on 03 Nov 2017.

  • What is authorized share capital and paid-up capital of Packeasy Flexibles Private Limited?

    The authorized share capital of Packeasy Flexibles Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.50 M.

  • Who are the current board members & directors of Packeasy Flexibles Private Limited?

    Currently 2 directors are associated with Packeasy Flexibles Private Limited.

    • Tanjore Govindarajan Ravi Baskar
    • Balakrishnan Arun Balakrishnan
  • What is the registered address of Packeasy Flexibles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Packeasy Flexibles Private Limited is S-2 Sb Complex W-115 3Rd Avenue Anna Nagar, India, Chennai, Tamil Nadu, 600040.

  • What is the corporate identification number (CIN) and company number of Packeasy Flexibles Private Limited?

    The corporate identification number (CIN) of Packeasy Flexibles Private Limited is U21021TN2017PTC119354 and the company number is 119354 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Packeasy Flexibles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Packeasy Flexibles Private Limited has risen by 16.52%.

  • What change has been observed in the net worth of Packeasy Flexibles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Packeasy Flexibles Private Limited has experienced an upsurge of 10.59%.

  • What are the total open charges for Packeasy Flexibles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Packeasy Flexibles Private Limited amount to ₹ 1.51 Cr.

  • When was the last Balance Sheet of Packeasy Flexibles Private Limited filed with the ROC?

    The most recent Balance Sheet for Packeasy Flexibles Private Limited was filed with the ROC on 31 Mar 2024.