Varshil Packaging Private Limited

Manufacturer of lamination and agriculture mulch film for various industries.

2010 | Mahesana, Gujarat (India) | Active
Last Updated:

Varshil Packaging Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 83.43 Cr
  • Satisfied Charges ₹ 10.69 Cr
  • Revenue Growth 6.85%
  • Profit Growth 34.67%
  • Ebitda 71.01%
  • Net Worth -1296.27%
  • Total Assets 30.63%

About Varshil Packaging

Varshil Packaging Private Limited (VPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2010 and has a history of 14 years and eight months. Its registered office is in Mahesana, 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹83.43 Cr. The company has closed loans amounting to ₹10.69 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chintan Patel, Sanjaykumar Patel, Nirav Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mahesana, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25202GJ2010PTC061137

  • Company No.

    061137

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Varshil Packaging Private Limited offer?

Varshil Packaging Private Limited offers a wide range of products and services, including Packaging Films & Foils, Packaging Rolls, Plastic Film, PVC Film, Laminated Rolls, Farming Tools, Equipment & Machines, Greenhouse Accessories, Protective Film, Retail Packaging Film.

Company report

Varshil Packaging Private Limited

Explore comprehensive data for Varshil Packaging Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (6)

NameDesignationAppointment DateStatus
Chintan Patel Country flag representing In Director 16-Jun-2010Current
Sanjaykumar Patel Country flag representing In Director 01-Sep-2010Current
Nirav Patel Country flag representing In Director 02-Feb-2023Current
Bhavik Patel Country flag representing In Director 05-Jun-2019Current
Prahladbhai Patel Country flag representing In Director 08-Nov-2022Current
Soham Patel Country flag representing In Director 02-Feb-2023Current

Financial Performance of Varshil Packaging.

Varshil Packaging Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.85% increase. The company also saw a substantial improvement in profitability, with a 34.67% increase in profit. The company's net worth observed a substantial decline by a decrease of 1296.27%.

Varshil Packaging revenue growth over time
Varshil Packaging 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
6.85%
Revenue from Operations
7.08%
Total Assets
30.63%
Profit or Loss
34.67%
Net Worth
-1296.27%
EBITDA
71.01%

What is the Ownership and Shareholding Structure of Varshil Packaging?

In 2023, Varshil Packaging 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

₹83.43 Cr

Satisfied Charges

₹10.69 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 83.43 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2023Indian Bank₹16.85 CrOpen
08 Jul 2022Indian Bank₹3.35 CrOpen
05 Jul 2022Indian Bank₹3.35 CrOpen
16 Jul 2020Indian Bank₹1.53 CrOpen
23 Jan 2020Indian Bank₹34.35 CrOpen

How Many Employees Work at Varshil Packaging?

Varshil Packaging has a workforce of 7 employees as of Apr 08, 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.

Employee growth trends for Varshil Packaging Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Varshil 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 Varshil 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 Varshil Packaging

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Indian Bank of Rs. 34.35 Cr registered on 23 Jan 2020 with Charge ID 100321870 was modified on 08 Mar 2023.

  • Charges

    A charge with Indian Bank amounted to Rs. 16.85 Cr with Charge ID 100685621 was registered on 01 Mar 2023.

  • Director Appointment

    Nirav Prahladbhai Patel was appointed as a Director was appointed as a Director on 02 Feb 2023 & has been associated with this company since 2 years 1 month .

  • Director Appointment

    Soham Jasavantbhai Patel was appointed as a Director was appointed as a Director on 02 Feb 2023 & has been associated with this company since 2 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Varshil Packaging Private Limited?

    Varshil Packaging Private Limited was incorporated on 16 Jun 2010.

  • What is authorized share capital and paid-up capital of Varshil Packaging Private Limited?

    The authorized share capital of Varshil Packaging Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Varshil Packaging Private Limited?

    Currently 6 directors are associated with Varshil Packaging Private Limited.

    • Chintan Prahladbhai Patel
    • Sanjaykumar Babulal Patel
    • Nirav Prahladbhai Patel
    • Bhavik Jasvantbhai Patel
    • Prahladbhai Kalidas Patel
    • Soham Jasavantbhai Patel
  • What is the registered address of Varshil Packaging Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Varshil Packaging Private Limited is Survey No.323 Advance Industrial Park Medaadraj- Karshanpura Road Village-Manipur Ta-Ka Di, India, Mehasana, Gujarat, 382715.

  • What is the corporate identification number (CIN) and company number of Varshil Packaging Private Limited?

    The corporate identification number (CIN) of Varshil Packaging Private Limited is U25202GJ2010PTC061137 and the company number is 061137 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Varshil Packaging Private Limited?

    The Official website of Varshil Packaging Private Limited is https://www.varshilpackaging.com

  • What has been the recent revenue trend for Varshil Packaging Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Varshil Packaging Private Limited has risen by 6.85%.

  • How many employees does Varshil Packaging Private Limited currently have?

    As Per 2023 financial reports, 7 employees are currently employed by Varshil Packaging Private Limited.

  • What change has been observed in the net worth of Varshil Packaging Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Varshil Packaging Private Limited has experienced an downturn of -1296.27%.

  • What are the total open charges for Varshil Packaging Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Varshil Packaging Private Limited amount to ₹ 83.43 Cr.

  • When was the last Balance Sheet of Varshil Packaging Private Limited filed with the ROC?

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

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