About Attharv Sai Flexipack Private Limited
Data last updated:
Attharv Sai Flexipack Private Limited is a private limited company based in Mysuru, Karnataka, India, a subsidiary of Krriyan Kontainers Private Limited. 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 industrial packaging solutions segment of the packaging sector. It was incorporated on 20 December 2013.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25200KA2013PTC072664. Its GSTIN is 29AAHCP5141M1ZZ (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Pyraa Flexipack Private Limited. It is led by directors Renu Nischaldas Chugh and Hemdev Paramanand Ashwini Kumar.
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 Site No 302 Thandya Industrial Area Opp Balaji Granites Nanjangud Taluk, Mysuru, Karnataka, India – 571301.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.81 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹66.77 Cr (net margin -128.9%) and EBITDA of -₹52.41 Cr (EBITDA margin -101.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 25% over five years.
The company has about 159 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹202.24 Cr and satisfied charges of ₹141.58 Cr on record. Court records list 29 cases involving the company, including 10 filed by the company and 18 filed against it; 13 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹7.3 Cr; the latest was in March 2022.
The last known website on record is darshanpackagings.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSite No 302 Thandya Industrial Area Opp Balaji Granites Nanjangud Taluk, Mysuru, Karnataka, India – 571301
- IndustryPackaging, Industrial Packaging Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Attharv Sai Flexipack Private Limited
The main business activity of Attharv Sai Flexipack is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Attharv Sai Flexipack Private Limited FY 2025 filings available
Attharv Sai Flexipack Private Limited reported revenue of ₹51.81 Cr (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Attharv Sai Flexipack Private Limited
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 426% 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 of Attharv Sai Flexipack Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹52.41 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹66.77 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 of Attharv Sai Flexipack Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -128.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Attharv Sai Flexipack are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack Private Limited is audited by Umesha R & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Umesha R & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack 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 |
|---|---|---|---|---|
| Renu Nischaldas Chugh Also directs: Krriyan Kontainers Private Limited | Director | 20 Dec 2013 | 12 Years 9 Months | As last reported |
| Hemdev Paramanand Ashwini Kumar Also directs: Bhavin4 Packro Private Limited, Krriyan Kontainers Private Limited | Director | 20 Dec 2013 | 12 Years 9 Months | As last reported |
Ownership and Shareholding of Attharv Sai Flexipack Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Attharv Sai Flexipack Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 2024 | Sidbi | ₹3.1 Cr | Open |
| 22 Feb 2024 | Others | ₹15.25 Cr | Open |
| 31 Jan 2024 | Others | ₹70.05 Lakh | Open |
| 31 May 2023 | Others | ₹71.09 Cr | Open |
| 21 Feb 2023 | Sidbi | ₹2 Cr | Open |
Total charge records: 17 View all charges
Deals & Funding of Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹7.3 Cr; the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Rights issue | ₹7.69 Cr | Investors: Krriyan Kontainers Private Limited |
| Mar 2019 | Funding round | ₹2.5 Cr | Investors: Krriyan Kontainers Private Limited |
| Jan 2017 | Funding round | ₹4.8 Cr | Investors: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack Private Limited has 29 court cases on record: 10 filed by Attharv Sai Flexipack, 18 filed against it, 1 where it is another party. 13 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 18 | 13 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Metals and Metal Electric P Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Hubergroup India Private Limited | Pending |
| District court, MYSURU, Karnataka | Criminal miscellaneous application | Filed against the company by The Bank of Baroda Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Klene Paks Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Axia Plastics Private Limited | Pending |
Full case history
All 29 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack Private Limited has a workforce of 159 employees as of Sep 23, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Attharv Sai Flexipack Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Attharv Sai Flexipack Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Attharv Sai Flexipack Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Attharv Sai Flexipack Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP5141M1ZZ | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Attharv Sai Flexipack Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Attharv Sai Flexipack Private Limited
Attharv Sai Flexipack 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.
Attharv Sai Flexipack is a company under insolvency, formerly operating as a private limited company based in Mysuru, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 20 December 2013 and is registered under CIN U25200KA2013PTC072664. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Attharv Sai Flexipack reported revenue of ₹51.81 Cr for FY 2025 (down 70% YoY).
Attharv Sai Flexipack has 2 current directors:
- Renu Nischaldas Chugh - Director
- Hemdev Paramanand Ashwini Kumar - Director
Attharv Sai Flexipack reported a net loss of ₹66.77 Cr (net margin -128.9%) and EBITDA of -₹52.41 Cr (EBITDA margin -101.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Attharv Sai Flexipack is -16% over three years and 25% over five years. In the latest year (FY 2025) revenue fell 70%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Attharv Sai Flexipack is U25200KA2013PTC072664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Attharv Sai Flexipack has open charges of ₹202.24 Cr and satisfied charges of ₹141.58 Cr as per latest MCA filings.
Attharv Sai Flexipack has 29 court cases on record: 10 filed by the company and 18 filed against it. 13 are pending. Most are in the district courts.