Parikh Packaging Private Limited

Manufacturer and trader of packaging materials and bags for various industries worldwide.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 25, 2024

Parikh Packaging Profile

Key Indicators

  • Authorised Capital ₹ 327.00 Cr
  • Paid Up Capital ₹ 316.81 Cr
  • Company Age 25 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 119.76 Cr
  • Revenue Growth -2.96%
  • Profit Growth 2.99%
  • Ebitda 13.35%
  • Net Worth -20.67%
  • Total Assets -9.46%

About Parikh Packaging

Parikh Packaging Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 October 1999 and has a history of 25 years and four months. Its registered office is in Ahmedabad, Gujarat, 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 327.00 Cr and a paid-up capital of Rs 316.81 Cr.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹119.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parikh Packaging Private Limited India is Harshit Singh as COMPANY SECRETARY. Deepak Ganjoo, Nitin Narkhede, and Ashish Modak serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cflex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ1999PTC036763

  • Company No.

    036763

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1999

  • Date of AGM

    26 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Parikh Packaging Private Limited offer?

Parikh Packaging Private Limited offers a wide range of products and services, including Packaging Pouches & Envelopes, Gusseted, Spout and Stand Up Pouch, Food Packaging Bag, Stand Up Pouch, Packaging Rolls, Plastic Packaging Materials, Retail Packaging Film, Candy Packaging Film, Pillow Pouches, Center Seal Pouches.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harshit Singh Country flag representing In Company Secretary01-Aug-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Deepak Ganjoo Country flag representing In Director 19-Apr-2023Current
Nitin Narkhede Country flag representing In Director 16-Jun-2023Current
Ashish Modak Country flag representing In Additional Director 27-Apr-2024Current

Financial Performance of Parikh Packaging.

Parikh Packaging Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.96% decrease. The company also saw a slight improvement in profitability, with a 2.99% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.67%.

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
-2.96%
Revenue from Operations
-3.43%
Total Assets
-9.46%
Profit or Loss
2.99%
Net Worth
-20.67%
EBITDA
13.35%

What is the Ownership and Shareholding Structure of Parikh Packaging?

In 2023, Parikh Packaging had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.00 Cr

Satisfied Charges

₹119.76 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Aug 2023The Hongkong And Shanghai Banking Corporation Limited₹30.00 CrOpen
24 Jul 2006The Karur Vysya Bank Ltd₹2.50 MSatisfied
29 Jun 2006The Karur Vyasya Bank Ltd₹1.70 MSatisfied
14 Feb 2002The Karur Vysya Bank Ltd₹59.38 CrSatisfied
14 Feb 2002The Karur Vysya Bank Ltd₹59.38 CrSatisfied

How Many Employees Work at Parikh Packaging?

Parikh Packaging has a workforce of 264 employees as of Dec 25, 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 Parikh 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 Parikh 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 Parikh Packaging

Recent activity within the organization

  • Director Appointment

    Harshit Singh was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2024 & has been associated with this company since 6 months 23 days .

    01 Aug 2024

  • Director Appointment

    Ashish Sugandh Modak was appointed as a Additional Director was appointed as a Additional Director on 27 Apr 2024 & has been associated with this company since 9 months 27 days .

    27 Apr 2024

  • Annual General Meeting

    Parikh Packaging Private Limited last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100774564 was registered on 14 Aug 2023.

    14 Aug 2023

  • Director Appointment

    Nitin Vasudeo Narkhede was appointed as a Director was appointed as a Director on 16 Jun 2023 & has been associated with this company since 1 year 8 months .

    16 Jun 2023

  • Director Appointment

    Deepak Ganjoo was appointed as a Director was appointed as a Director on 19 Apr 2023 & has been associated with this company since 1 year 10 months .

    19 Apr 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Parikh Packaging Private Limited was incorporated on 22 Oct 1999.

  • The authorized share capital of Parikh Packaging Private Limited is ₹ 327.00 Cr and paid-up capital is ₹ 316.81 Cr.

  • Currently 4 directors are associated with Parikh Packaging Private Limited.

    • Deepak Ganjoo
    • Nitin Vasudeo Narkhede
    • Ashish Sugandh Modak
    • Harshit Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parikh Packaging Private Limited is Opp Rotomac Pens, Sarkhej-Bavla Highway Village.Moraiya Tal; Sanand India, Ahmedabad, Gujarat, 382213.

  • The corporate identification number (CIN) of Parikh Packaging Private Limited is U25209GJ1999PTC036763 and the company number is 036763 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parikh Packaging Private Limited is https://www.cflex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parikh Packaging Private Limited has fallen by -2.96%.

  • As Per 2023 financial reports, 264 employees are currently employed by Parikh Packaging Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parikh Packaging Private Limited has experienced an downturn of -20.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parikh Packaging Private Limited amount to ₹ 30.00 Cr.

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

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