Startup India Government of India
Bag Palace Private Limited - packaging in Greater Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.27 Cr
▲ 35% YoY
Net profit · FY 2024
₹48.03 Lakh
Net margin 7.7%
EBITDA · FY 2024
₹74.06 Lakh
EBITDA margin 11.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Bag Palace Private Limited
Data last updated:
Bag Palace Private Limited is a private limited company based in Greater Noida, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the paper, laminated and corrugated packaging segment of the packaging sector. It was incorporated on 27 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U21021UP2019PTC123899. Its GSTIN is 09AAICB7684G1Z7 (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Harish Kumar Singhal and Ankit Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 70 Udyog Kendra – I Ecotech 3, Greater Noida, Uttar Pradesh, India – 201310.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.27 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹48.03 Lakh (net margin 7.7%) and EBITDA of ₹74.06 Lakh (EBITDA margin 11.8%). Revenue has grown at a compounded annual rate (CAGR) of 246% over three years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
Bag Palace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0022675). For more details, the company can be reached via its website bagpalacepvtltd.com.
Company details
CIN U21021UP2019PTC123899
Registration Number 123899
Incorporation Date 27 November 2019
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0022675
Recognitions & Rankings of Bag Palace
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0022675
Contact details
Bag Palace Private Limited's registered office is in Greater Noida, Uttar Pradesh. Its website is bagpalacepvtltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 70 Udyog Kendra – I Ecotech 3, Greater Noida, Uttar Pradesh, India – 201310
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Bag Palace Private Limited, buy the company report.
Comprehensive company report
Bag Palace Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Bag Palace is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Bag Palace Private Limited, buy the company report.
Financials of Bag Palace Private Limited
FY 2025 filings availableBag Palace Private Limited reported revenue of ₹6.27 Cr (up 35% YoY) for FY 2024.
Revenue · FY 2024
₹6.27 Cr ▲ 35%
Net profit · FY 2024
₹48.03 Lakh margin 7.7%
EBITDA · FY 2024
₹74.06 Lakh margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 246%
EBITDA CAGR growth
1 year
▲ 105%
3 years · compounded
▲ 153%
Revenue has grown at a compounded annual rate (CAGR) of 246% over three years, including 35% growth in the latest year. EBITDA rose 105% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.27 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹74.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹48.03 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 7.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bag Palace Private Limited, buy the company report.
Board of directors of Bag Palace Private Limited
Bag Palace has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Kumar Singhal | Director | 27 Nov 2019 | 6 Years 11 Months | Current |
| Ankit Bansal | Director | 27 Nov 2019 | 6 Years 11 Months | Current |
| Rahul Singhal | Director | 24 Jul 2021 | 5 Years 3 Months | Current |
| Deepak Kumar Singhal Also directs: Oriental Processors Private Limited | Director | 27 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Bag Palace Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Usaka Electrotech Private Limited | ₹6.37 Cr (FY 2025) | 3.0% | Uttar Pradesh, India | |||
| Shel Tubing Private Limited | ₹6.33 Cr (FY 2025) | 5.0% | Uttar Pradesh, India | |||
| M K B Print & Pack Solutions Private Limited | ₹6.31 Cr (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Om Shree Packaging Private Limited | ₹6.3 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Bag Palace Private Limitedthis company | ₹6.27 Cr (FY 2024) | ₹48.03 Lakh | 7.7% | 35.0% | Greater Noida, Uttar Pradesh, India | |
| Verges Commercial Private Limited | ₹6.22 Cr (FY 2024) | 7399026.0% | Howrah, West Bengal, India |
To see the full peer comparison of Bag Palace Private Limited, buy the company report.
Auditor
Bag Palace Private Limited is audited by SUNILARORA&ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNILARORA&ASSOCIATES | FY 2024 | 004255N |
Shareholding
The shareholding of Bag Palace Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bag Palace Private Limited, buy the company report.
Legal cases
Bag Palace Private Limited has 6 court cases on record: 4 filed by Bag Palace, 2 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by M/S Ckaari Packaging Pvt Ltd | Pending |
| District court, North West, Delhi | Execution petition | Filed by the company against Ms Ckaari Packaging Pvt Ltd | Pending |
| District court, West, Delhi | Execution petition | Filed by the company against M/S Ckaari Packaging Pvt Ltd | Disposed |
| District court, West, Delhi | Interim or miscellaneous application | Filed against the company by Ms Ckaari Packaging Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed by the company against Ckaari Pckaging Pvt Ltd | Disposed |
To see the full case history of Bag Palace Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bag Palace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bag Palace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICB7684G1Z7 | Uttar Pradesh | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Bag Palace Private Limited, buy the company report.
Recent activity
Bag Palace Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Rahul Singhal was appointed as Director on 24 Jul 2021.
AGM
Bag Palace Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bag Palace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Appointed
Rahul Singhal was appointed as Director.
Ceased
Rohit Singhal ceased to be Director.
Appointed
Ankit Bansal was appointed as Director.
Appointed
Deepak Kumar Singhal was appointed as Director.
Appointed
Harish Kumar Singhal was appointed as Director.
Incorporation
27 Nov 2019
Bag Palace Private Limited was registered on 27 Nov 2019 with Roc Uttar Pradesh Ii & aged 6 years 11 months as per MCA records.
Frequently asked questions
Bag Palace is an active private limited company based in Greater Noida, Uttar Pradesh, India. The company works in paper, laminated and corrugated packaging, within the packaging industry. It was incorporated on 27 November 2019 (7+ years old) and is registered under CIN U21021UP2019PTC123899.
Bag Palace has 4 current directors:
- Harish Kumar Singhal - Director
- Ankit Bansal - Director
- Rahul Singhal - Director
- Deepak Kumar Singhal - Director
The latest financial statements of Bag Palace on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Bag Palace is 09AAICB7684G1Z7, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Bag Palace is U21021UP2019PTC123899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bag Palace has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Bag Palace was incorporated on 27 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Bag Palace by revenue are Usaka Electrotech Private Limited, Shel Tubing Private Limited, M K B Print & Pack Solutions Private Limited, Om Shree Packaging Private Limited, Verges Commercial Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Rahul Singhal was appointed as Director on 24 Jul 2021. Rohit Singhal ceased to be Director on 24 Jul 2021. Ankit Bansal was appointed as Director on 27 Nov 2019. Bag Palace has 5 board changes on record in total.
Yes, Bag Palace is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bag Palace is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0022675).