Soliflex Packaging Private Limited

Manufactures metal containers, fabric bags, and jumbo bags with multiple certifications.

2015 | Tumkur, Karnataka (India) | Active
Last Updated: January 03, 2025

Soliflex Packaging Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.98 Cr
  • Company Age 9 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.19 Cr
  • Satisfied Charges ₹ 2.38 Cr
  • Revenue Growth 40.85%
  • Profit Growth 328.33%
  • Ebitda 53.83%
  • Net Worth 54.12%
  • Total Assets 28.99%

About Soliflex Packaging

Soliflex Packaging Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 2015 (Nine years and one month 18 days old ). Its registered office is in Tumkur, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.98 Cr.

The company currently has active open charges totaling ₹18.19 Cr. The company has closed loans amounting to ₹2.38 Cr, as per Ministry of Corporate Affairs (MCA) records.

Narayanaswamy Padmanabhan, Sabarish Padmanabhan, Mangala Padmanabhan, and One other member serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36995KA2015PTC084859

  • Company No.

    084859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

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

Executive Team (1)

Name Designation Appointment Date Status
Sabarish Padmanabhan Country flag representing In Managing Director 22-Dec-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Narayanaswamy Padmanabhan Country flag representing In Director 24-Nov-2021 Current
Mangala Padmanabhan Country flag representing In Director 22-Dec-2015 Current
Asokan Akshaya Country flag representing In Director 16-Sep-2021 Current

Financial Performance of Soliflex Packaging.

Soliflex Packaging Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 40.85% increase. The company also saw a substantial improvement in profitability, with a 328.33% increase in profit. The company's net worth Soared by an impressive increase of 54.12%.

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
40.85%
Revenue from Operations
41.26%
Total Assets
28.99%
Profit or Loss
328.33%
Net Worth
54.12%
EBITDA
53.83%

What is the Ownership and Shareholding Structure of Soliflex Packaging?

In 2024, Soliflex Packaging had a promoter holding of 96.55% and a public holding of 3.45%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.19 Cr

Satisfied Charges

₹2.38 Cr

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 8.00 Cr
  • Others : 5.00 Cr
  • Sidbi : 5.00 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
23 Mar 2024 Others ₹1.00 Cr Open
28 Feb 2023 Tata Capital Financial Services Limited ₹3.00 Cr Open
01 Jun 2022 Sidbi ₹5.00 Cr Open
10 May 2022 Tata Capital Financial Services Limited ₹5.00 Cr Open
10 Dec 2021 Others ₹4.00 Cr Open

How Many Employees Work at Soliflex Packaging?

Soliflex Packaging has a workforce of 375 employees as of Jan 03, 2025. 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 Soliflex 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 Soliflex 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 Soliflex Packaging

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Soliflex Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100901149 was registered on 23 Mar 2024.

    23 Mar 2024

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 3.00 Cr registered on 28 Feb 2023 with Charge ID 100695157 was modified on 26 Aug 2023.

    26 Aug 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.00 Cr with Charge ID 100695157 was registered on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Tata Capital Financial Services Limited of Rs. 5.00 Cr registered on 10 May 2022 with Charge ID 100574103 was modified on 31 Dec 2022.

    31 Dec 2022

Frequently asked questions

  • Soliflex Packaging Private Limited was incorporated on 22 Dec 2015.

  • The authorized share capital of Soliflex Packaging Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.98 Cr.

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

    • Narayanaswamy Padmanabhan
    • Sabarish Padmanabhan
    • Mangala Padmanabhan
    • Asokan Akshaya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Soliflex Packaging Private Limited is Plot Nos. 13 14 15 Road No. 2 Antharasanahalli Industrial Area, 2Nd Ph Ase India, Tumkur, Karnataka, 572102.

  • The corporate identification number (CIN) of Soliflex Packaging Private Limited is U36995KA2015PTC084859 and the company number is 084859 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Soliflex Packaging Private Limited is https://www.soliflexpackaging.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Soliflex Packaging Private Limited has risen by 40.85%.

  • As Per 2024 financial reports, 375 employees are currently employed by Soliflex Packaging Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Soliflex Packaging Private Limited has experienced an upsurge of 54.12%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Soliflex Packaging Private Limited amount to ₹ 18.19 Cr.

  • The most recent Balance Sheet for Soliflex Packaging Private Limited was filed with the ROC on 31 Mar 2024.