Shankar Packagings Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.80 Cr
- Company Age 39 Year, 9 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 nine 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25202MH1985PLC036120
- Company No.
036120
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 May 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Packaging
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  | Managing Director | 01-Apr-1995 | Current |
| Pranab Mitra | Company Secretary | Current | |
| Avaneesh Dwivedi | CFO | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kapil Gupta | Director | 13-May-2023 | Current |
| Pooja Khakhi | Director | 13-May-2023 | Current |
| Gaj Jodhpur | Director | 27-Feb-1988 | Current |
| Praveenshankar Pandya | Director | 06-May-1985 | Current |
| Shivranjani Jodhpur | Director | 13-May-2023 | Current |
| Govind Pandya | 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
World Monuments Fund India AssociationGaj Jodhpur is a mutual person
Shankar Jewels LimitedPraveenshankar Pandya, Rajeevshankar Pandya and 1 more are mutual person
Shangold India LimitedRajeevshankar Pandya is a mutual person
Kitagawa India Private LimitedGaj Jodhpur is a mutual person
Maharaja Heritage Resorts LimitedGaj Jodhpur and Shivranjani Jodhpur are mutual person
Epuja Spiritech LimitedPooja Khakhi is a mutual person
Charges (Loans)
Open Charges
₹367.71 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Shankar Packagings
Recent activity within the organization
- Charges
A charge with Citi Bank N.A. of Rs. 40.00 Cr registered on 31 Dec 2013 with Charge ID 10478992 was modified on 09 Aug 2024.
- Director Appointment
Jyoti Shankar Anand Shankar Pandya was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2024 & has been associated with this company since 11 months 20 days .
- Annual General Meeting
Shankar Packagings Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.56 Cr with Charge ID 100734538 was registered on 01 Jun 2023.
- Director Appointment
Shivranjani Rajye Jodhpur was appointed as a Director was appointed as a Director on 13 May 2023 & has been associated with this company since 1 year 9 months .
- Balance Sheet
Shankar Packagings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Recent News, Updates & Announcement
MCA Imposes Penalties on Companies for Not Appointing Female Directors; Maharashtra Govt-Run Company Among Those Fined.When companies don't appoint female directors, MCA imposes penalties. 4 companies, including one run by Maharashtra govt, were fined for not following rules. This shows that everyone must follow corporate governance rules. Companies with high capital or turnover must have at least one woman on their board. If she leaves, they have 3 months to replace her. Govt is getting stricter on this issue. Companies and officers can be fined up to ₹300,000 and ₹100,000 respectively. JM Financial Properties and Holdings and its executives were fined for admitting to delay in appointment. Companies can appeal the orders..
Frequently asked questions
What is the Incorporation or founding date of Shankar Packagings Limited?
Shankar Packagings Limited was incorporated on 06 May 1985.
What is authorized share capital and paid-up capital of Shankar Packagings Limited?
The authorized share capital of Shankar Packagings Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.80 Cr.
Who are the current board members & directors of Shankar Packagings Limited?
Currently 12 directors are associated with Shankar Packagings Limited.
- Gaj Singh Jodhpur
- Praveenshankar Pratapshankar Pandya
- Shivranjani Rajye Jodhpur
- Govind Shankar Pandya
- Kapil Gupta
- Rajeevshankar Anandshankar Pandya
- Akshay Shankar Pratapshankar Pandya
- Vikramshankar Govindshankar Pandya
- Pooja Hemang Khakhi
- Jyoti Shankar Anand Shankar Pandya
- Pranab Lalit Mitra
- Avaneesh Rajnikant Dubey Dwivedi
What is the registered address of Shankar Packagings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Shankar Packagings Limited is 303 Turf Estate Dr. E. Moses. Road Shakti Mills Lane, India, Mumbai, Maharashtra, 400011.
What is the corporate identification number (CIN) and company number of Shankar Packagings Limited?
The corporate identification number (CIN) of Shankar Packagings Limited is U25202MH1985PLC036120 and the company number is 036120 as per Ministry of Corporate Affairs (MCA).
What is the official website of Shankar Packagings Limited?
The Official website of Shankar Packagings Limited is https://www.shankarpack.com
What has been the recent revenue trend for Shankar Packagings Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Shankar Packagings Limited has fallen by -20.25%.
How many employees does Shankar Packagings Limited currently have?
As Per 2023 financial reports, 2569 employees are currently employed by Shankar Packagings Limited.
What change has been observed in the net worth of Shankar Packagings Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Shankar Packagings Limited has experienced an upsurge of 3.22%.
What are the total open charges for Shankar Packagings Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Shankar Packagings Limited amount to ₹ 367.71 Cr.
When was the last Balance Sheet of Shankar Packagings Limited filed with the ROC?
The most recent Balance Sheet for Shankar Packagings Limited was filed with the ROC on 31 Mar 2023.
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