Amarsai Shrink Pack Private Limited
About Amarsai Shrink Pack Private Limited
Data last updated:
Amarsai Shrink Pack Private Limited is a private limited company based in Nashik, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 07 April 2010.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36993MH2010PTC201814. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.5 Cr. It is led by directors including Machindra Motiram Shewale (Managing Director) and Vinodkumar Pukhraj Ambavat (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at F – 35 Behind Hotel Annapurna MIDC Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2016, the company reported a revenue of ₹43.03 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 4.1%) and EBITDA of ₹4.45 Cr (EBITDA margin 10.4%).
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.67 Cr on record. Court records list 22 cases involving the company, including 22 filed against it; 6 cases are pending.
Company details
Contact details
Amarsai Shrink Pack Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressF – 35 Behind Hotel Annapurna MIDC Satpur, Nashik, Maharashtra, India – 422007
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Amarsai Shrink Pack Private Limited, buy the company report.
- 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
Business activity
The main business activity of Amarsai Shrink Pack is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Amarsai Shrink Pack Private Limited, buy the company report.
Financials of Amarsai Shrink Pack Private Limited
FY 2016 filings availableAmarsai Shrink Pack Private Limited reported revenue of ₹43.03 Cr (up 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 5% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹43.03 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.45 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.76 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.4% | |
| Net Profit Margin | 4.1% | |
| 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 Amarsai Shrink Pack Private Limited, buy the company report.
Board of directors of Amarsai Shrink Pack Private Limited
Amarsai Shrink Pack has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodkumar Pukhraj Ambavat | Irp/Rp/Liquidator | 21 Sep 2023 | 3 Years 1 Months | As last reported |
| Sunita Machindra Shewale | Director | 07 Apr 2010 | 16 Years 6 Months | As last reported |
| Machindra Motiram Shewale | Managing Director | 07 Apr 2010 | 16 Years 6 Months | As last reported |
Shareholding
The shareholding of Amarsai Shrink Pack Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Amarsai Shrink Pack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2016 | 100065103 | Others | ₹63 Lakh | Open | |
| 30 Jan 2015 | 10575006 | Deewan Housing Finance Corporation (Dhfl) | ₹51.77 Lakh | Open | |
| 29 Apr 2013 | 10423728 | Electronica Finance Limited | ₹48.41 Lakh | Open | |
| 26 Jul 2010 | 10232637 | State Bank of Bikaner and Jaipur | ₹12.04 Cr | Open |
To see the full charge records of Amarsai Shrink Pack Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Amarsai Shrink Pack Private Limited has 22 court cases on record: 22 filed against it. 6 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 21 | 6 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Shriram City Union Finance Ltd | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed against the company by M/S Sigma Chemtrade Pvt. Ltd | Pending |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by Shriram City Union Finance Ltd., BR. Nashik | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Shriram City Union Finance Ltd | Disposed |
To see the full case history of Amarsai Shrink Pack 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 Amarsai Shrink Pack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Amarsai Shrink Pack Private Limited has a workforce of 14 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Amarsai Shrink Pack has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Amarsai Shrink Pack Private Limited, buy the company report.
Recent activity
Amarsai Shrink Pack Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Vinodkumar Pukhraj Ambavat was appointed as Irp/Rp/Liquidator on 21 Sep 2023.
Frequently asked questions
Amarsai Shrink Pack is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Amarsai Shrink Pack is a company under insolvency, formerly operating as a private limited company based in Nashik, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 07 April 2010 and is registered under CIN U36993MH2010PTC201814. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Amarsai Shrink Pack has 3 current directors:
- Machindra Motiram Shewale - Managing Director
- Sunita Machindra Shewale - Director
- Vinodkumar Pukhraj Ambavat - Irp/Rp/Liquidator
The latest financial statements of Amarsai Shrink Pack on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Amarsai Shrink Pack is U36993MH2010PTC201814. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amarsai Shrink Pack has open charges of ₹13.67 Cr and no satisfied charges on record as per latest MCA filings.
Amarsai Shrink Pack has 22 court cases on record: 22 filed against it. 6 are pending. Most are in the district courts.
Amarsai Shrink Pack was incorporated on 07 April 2010. It is registered with the Registrar of Companies, Mumbai.
Vinodkumar Pukhraj Ambavat was appointed as Irp/Rp/Liquidator on 21 Sep 2023. Popat Daga Gangurde ceased to be Director on 05 May 2015. Machindra Motiram Shewale was appointed as Managing Director on 07 Apr 2010. Amarsai Shrink Pack has 4 board changes on record in total.
The registered office of Amarsai Shrink Pack is at F – 35 Behind Hotel Annapurna MIDC Satpur, Nashik, Maharashtra, India – 422007.