Shankar Packagings Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.80 Cr
- Company Age 39 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 367.71 Cr
- Satisfied Charges ₹ 88.82 Cr
- Revenue Growth -20.25%
- Profit Growth -68.74%
- Ebitda -46.56%
- Net Worth 3.22%
- Total Assets 2.17%
About Shankar Packagings
Shankar Packagings Limited (SPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 May 1985 and has a history of 39 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Shankar Packagings 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 3.00 Cr and a paid-up capital of Rs 2.80 Cr.
The company currently has active open charges totaling ₹367.71 Cr. The company has closed loans amounting to ₹88.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Shankar Packagings Limited India are Pranab Mitra as COMPANY SECRETARY and Avaneesh Dwivedi as Cfo. Gaj Jodhpur, Praveenshankar Pandya, Shivranjani Jodhpur, and Seven other members serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U25202MH1985PLC036120
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Company No.
036120
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
06 May 1985
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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 Mumbai
Industry
What products or services does Shankar Packagings Limited offer?
Shankar Packagings Limited offers a wide range of products and services, including Yarns & Threads, Filament Yarn, Fashion & Designer Bags, Handbags, Bulk Bags & Sacks, Jumbo Bags, Packing Straps, Clips & Supplies, Box Straps, Packaging, Laminated & Zip Bags, Barrier Bags.
Who are the key members and board of directors at Shankar Packagings?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikramshankar Pandya
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Managing Director | 01-Apr-1995 | Current |
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Pranab Mitra
|
Company Secretary | Current | |
| Avaneesh Dwivedi | CFO | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kapil Gupta
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Director | 13-May-2023 | Current |
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Pooja Khakhi
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Director | 13-May-2023 | Current |
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Gaj Jodhpur
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Director | 27-Feb-1988 | Current |
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Praveenshankar Pandya
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Director | 06-May-1985 | Current |
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Shivranjani Jodhpur
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Director | 13-May-2023 | Current |
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Govind Pandya
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Director | 01-Apr-1986 | Current |
Financial Performance of Shankar Packagings.
Shankar Packagings Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.25% decrease. The company also saw a substantial fall in profitability, with a 68.74% decrease in profit. The company's net worth moved up by a moderate rise of 3.22%.
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What is the Ownership and Shareholding Structure of Shankar Packagings?
In 2023, Shankar Packagings had a promoter holding of 48.71% and a public holding of 51.29%. The company had 1 Subsidiary. 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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World Monuments Fund India AssociationGaj Jodhpur is a mutual person
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Shankar Jewels LimitedPraveenshankar Pandya, Rajeevshankar Pandya and 1 more are mutual person
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Shangold India LimitedRajeevshankar Pandya is a mutual person
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Kitagawa India Private LimitedGaj Jodhpur is a mutual person
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Maharaja Heritage Resorts LimitedGaj Jodhpur and Shivranjani Jodhpur are mutual person
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Epuja Spiritech LimitedPooja Khakhi is a mutual person
Charges (Loans)
₹367.71 Cr
₹88.82 Cr
Charges Breakdown by Lending Institutions
- Others : 170.75 Cr
- Hdfc Bank Limited : 133.21 Cr
- Citi Bank N.A. : 58.75 Cr
- Citibank N. A. : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jun 2023 | Hdfc Bank Limited | ₹5.57 M | Open |
| 12 Aug 2022 | Hdfc Bank Limited | ₹33.00 Cr | Open |
| 28 Jun 2022 | Hdfc Bank Limited | ₹33.00 Cr | Open |
| 10 Jan 2022 | Hdfc Bank Limited | ₹66.65 Cr | Open |
| 16 Jan 2019 | Citi Bank N.A. | ₹18.75 Cr | Open |
How Many Employees Work at Shankar Packagings?
Shankar Packagings has a workforce of 2569 employees as of Oct 03, 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 Shankar Packagings, 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 Shankar Packagings'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.
