Varshil Packaging Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 14 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- 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 seven months. Its registered office is in Mehasana, 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 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, Nirav Patel, Prahladbhai Patel, and Three other members serve as directors at the Company.
Company Details
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Location
Mehasana, Gujarat, 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
U25202GJ2010PTC061137
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Company No.
061137
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Jun 2010
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Date of AGM
28 Oct 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 Ahmedabad
Industry
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.
Who are the key members and board of directors at Varshil Packaging?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chintan Patel
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Director | 16-Jun-2010 | Current |
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Nirav Patel
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Director | 02-Feb-2023 | Current |
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Prahladbhai Patel
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Director | 08-Nov-2022 | Current |
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Soham Patel
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Director | 02-Feb-2023 | Current |
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Bhavik Patel
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Director | 05-Jun-2019 | Current |
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Sanjaykumar Patel
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Director | 01-Sep-2010 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Evvon India Private LimitedPrahladbhai Patel is a mutual person
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Solberry Energy Private Limited
Sanjaykumar Patel is a mutual person
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Square Petrofield Private Limited
Sanjaykumar Patel is a mutual person
Charges (Loans)
₹83.43 Cr
₹10.69 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 83.43 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2023 | Indian Bank | ₹16.85 Cr | Open |
| 08 Jul 2022 | Indian Bank | ₹3.35 Cr | Open |
| 05 Jul 2022 | Indian Bank | ₹3.35 Cr | Open |
| 16 Jul 2020 | Indian Bank | ₹1.53 Cr | Open |
| 23 Jan 2020 | Indian Bank | ₹34.35 Cr | Open |
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.
Deals i
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
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.
