Pact Closure Systems (India) Private Limited

Manufactures and sells plastic closures and bottle caps, incorporated in 2009 in Bangalore.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Pact Closure Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 25.40 Cr
  • Paid Up Capital ₹ 2.77 Cr
  • Company Age 15 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 51.98%
  • Profit Growth 169.43%
  • Ebitda 46.94%
  • Net Worth 29.26%
  • Total Assets 10.07%

About Pact Closure Systems (India)

Pact Closure Systems (India) Private Limited (PCSIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 28 August 2009 and has a history of 15 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Closure Systems International (I) 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 25.40 Cr and a paid-up capital of Rs 2.77 Cr.

The company currently has active open charges totaling ₹1.00 Cr.

Madan Srinivasan, Douglas Cohen, Santosh Mondal, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25194KA2009FTC055324

  • Company No.

    055324

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    28 Aug 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at Pact Closure Systems (India)?

Board Members (4)

Name Designation Appointment Date Status
Santosh Mondal Country flag representing In Director 05-Sep-2019 Current
Madan Srinivasan Country flag representing In Director 16-Aug-2022 Current
Douglas Cohen Country flag representing Us Director 12-Jan-2015 Current
Paul David Country flag representing Nz Director 16-Aug-2022 Current

Financial Performance of Pact Closure Systems (India).

Pact Closure Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.98% increase. The company also saw a substantial improvement in profitability, with a 169.43% increase in profit. The company's net worth Soared by an impressive increase of 29.26%.

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
51.98%
Revenue from Operations
44.80%
Total Assets
10.07%
Profit or Loss
169.43%
Net Worth
29.26%
EBITDA
46.94%

What is the Ownership and Shareholding Structure of Pact Closure Systems (India)?

In 2023, Pact Closure Systems (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

₹1.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2020 The Hongkong And Shanghai Banking Corporation Limited ₹1.00 Cr Open

How Many Employees Work at Pact Closure Systems (India)?

Pact Closure Systems (India) has a workforce of 44 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 Pact Closure Systems (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 Pact Closure Systems (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 Pact Closure Systems (India)

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.00 Cr registered on 27 Jul 2020 with Charge ID 100353193 was modified on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

    Pact Closure Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Pact Closure Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Madan Srinivasan was appointed as a Director was appointed as a Director on 16 Aug 2022 & has been associated with this company since 2 years 5 months .

    16 Aug 2022

  • Director Appointment

    Paul Washer David was appointed as a Director was appointed as a Director on 16 Aug 2022 & has been associated with this company since 2 years 5 months .

    16 Aug 2022

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100353193 was registered on 27 Jul 2020.

    27 Jul 2020

Recent News, Updates & Announcement

Frequently asked questions

  • Pact Closure Systems (India) Private Limited was incorporated on 28 Aug 2009.

  • The authorized share capital of Pact Closure Systems (India) Private Limited is ₹ 25.40 Cr and paid-up capital is ₹ 2.77 Cr.

  • Currently 4 directors are associated with Pact Closure Systems (India) Private Limited.

    • Madan Srinivasan
    • Douglas Michael Cohen
    • Santosh Kumar Mondal
    • Paul Washer David
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pact Closure Systems (India) Private Limited is Survey No 35 36 Soukya Road, Kacherkanahalli Hosakote Taluk India, Bangalore, Karnataka, 560067.

  • The corporate identification number (CIN) of Pact Closure Systems (India) Private Limited is U25194KA2009FTC055324 and the company number is 055324 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Pact Closure Systems (India) Private Limited is https://www.csiclosures.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pact Closure Systems (India) Private Limited has risen by 51.98%.

  • As Per 2023 financial reports, 44 employees are currently employed by Pact Closure Systems (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pact Closure Systems (India) Private Limited has experienced an upsurge of 29.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pact Closure Systems (India) Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Pact Closure Systems (India) Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Bottle & Cap Manufacturing