- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0034883

About Air Pack Pvt Ltd
Data last updated:
Air Pack Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 12 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46900GJ1994PTC023260. Its GSTIN is 24AABCA6190P1ZD (Gujarat). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.11 Lakh. It is led by directors Priyank Manubhai Chokshi and Patel Khyati Atulkumar.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15 Panchratna Estate Changodar.Ta.Sanand, Ahmedabad, Gujarat, India – 382210.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.48 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹5.55 Lakh (net margin -3.7%) and EBITDA of ₹13.34 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Buy Box Online. As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹1.69 Cr on record.
Air Pack Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034883). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website buyboxonline.in.
Company details
CIN history
Air Pack has one previous CIN (Corporate Identification Number): U25202GJ1994PTC023260. The current CIN is U46900GJ1994PTC023260, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46900GJ1994PTC023260 | Current |
| U25202GJ1994PTC023260 | Previous |
Recognitions & Rankings of Air Pack
Contact details
Air Pack Pvt Ltd's registered office is in Ahmedabad, Gujarat.
- Registered Address15 Panchratna Estate Changodar.Ta.Sanand, Ahmedabad, Gujarat, India – 382210
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
Brands
Air Pack operates one associated brand: Buy Box Online. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of corrugated boxes for e-commerce and custom packaging solutions in India. | buyboxonline.in |
Business activity
The main business activity of Air Pack 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 Air Pack Pvt Ltd, buy the company report.
Financials of Air Pack Pvt Ltd
FY 2024 filings availableAir Pack Pvt Ltd reported revenue of ₹1.48 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 3% fall in the latest year. EBITDA rose 308% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.55 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 | 9% | ||||
| Net Profit Margin | -3.7% | ||||
| 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 Air Pack Pvt Ltd, buy the company report.
Board of directors of Air Pack Pvt Ltd
Air Pack has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyank Manubhai Chokshi Also directs: Airpack Pioneer Private Limited | Director | 18 Jun 2016 | 10 Years 4 Months | Current |
| Patel Khyati Atulkumar Also directs: Airpack Pioneer Private Limited | Director | 20 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Air Pack Pvt Ltd is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Newage Packagings Private Limited | ₹1.49 Cr (FY 2025) | 3.0% | Alwar, Rajasthan, India | |||
| Cascad Packaging Private Limited | ₹1.49 Cr (FY 2024) | -15.0% | Ahmedabad, Gujarat, India | |||
| Air Pack Pvt Ltdthis company | ₹1.48 Cr (FY 2024) | -₹5.55 Lakh | -3.7% | -3.0% | Ahmedabad, Gujarat, India | |
| Quickwell Packagings Private Limited | ₹1.48 Cr (FY 2024) | -36.0% | Howrah, West Bengal, India | |||
| Shine Pack Pvt Ltd | ₹1.48 Cr (FY 2025) | -2.0% | Haryana, India | |||
| Hygienic Pack (OPC) Private Limited | ₹1.47 Cr (FY 2024) | 23.0% | Ghaziabad, Uttar Pradesh, India | |||
| Boxpick Packaging Private Limited | ₹1.47 Cr (FY 2023) | -42.0% | Pune, Maharashtra, India |
To see the full peer comparison of Air Pack Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2024 | 100998573 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 04 Jul 2019 | 100272315 | Others | ₹54.16 Lakh | Satisfied | |
| 24 Apr 2014 | 10504319 | Abhyudaya Co-Operative Bank Limited | ₹20 Lakh | Satisfied | |
| 16 Apr 2014 | 10504321 | Abhyudaya Co-Op. Bank Ltd | ₹30 Lakh | Satisfied | |
| 30 Mar 2011 | 10280826 | Abhyudaya Co-Op. Bank Ltd. | ₹15 Lakh | Satisfied |
To see the full charge records of Air Pack Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Air Pack Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Air Pack Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Air Pack has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA6190P1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Air Pack Pvt Ltd, buy the company report.
Recent activity
Air Pack Pvt Ltd has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Patel Khyati Atulkumar ceased to be Additional Director on 28 Sep 2019.
13 earlier events are in the company report.
Frequently asked questions
Air Pack is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paper, within the packaging industry. It was incorporated on 12 October 1994 (32+ years old) and is registered under CIN U46900GJ1994PTC023260.
Air Pack has 2 current directors:
- Priyank Manubhai Chokshi - Director
- Patel Khyati Atulkumar - Director
The latest financial statements of Air Pack on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Air Pack is 24AABCA6190P1ZD, registered in Gujarat. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Air Pack is U46900GJ1994PTC023260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Air Pack was incorporated on 12 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Air Pack by revenue are Newage Packagings Private Limited, Cascad Packaging Private Limited, Quickwell Packagings Private Limited, Shine Pack Pvt Ltd, Hygienic Pack (OPC) Private Limited and 1 more, 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).
Patel Khyati Atulkumar ceased to be Additional Director on 28 Sep 2019. Patel Khyati Atulkumar was appointed as Director on 20 Jul 2018. Manubhai Ambalal Choksi ceased to be Director on 10 Jun 2018. Air Pack has 5 board changes on record in total.
Yes, Air Pack is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0034883).
Air Pack can be reached through the website buyboxonline.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Air Pack is at 15 Panchratna Estate Changodar.Ta.Sanand, Ahmedabad, Gujarat, India – 382210.

