About Avaran Packaging Private Limited
Data last updated:
Avaran Packaging Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 19 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1992PTC066838. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹13.73 Lakh. It is led by directors including Stanly Maganlal Bulsari and Nelson Maganlal Bulsari.
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 2 – A Suja Apartmentsi C Colonony Borivali West, Mumbai, Maharashtra, India – 400103.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.05 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹1.4 Cr (net margin -133.2%) and EBITDA of -₹88.29 Lakh (EBITDA margin -84.1%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.31 Cr and satisfied charges of ₹79.77 Cr on record. Court records list 21 cases involving the company, including 5 filed by the company and 16 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website roto-group.com.
Company details
Contact details
Avaran Packaging Private Limited's registered office is in Mumbai, Maharashtra. Its website is roto-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2 – A Suja Apartmentsi C Colonony Borivali West, Mumbai, Maharashtra, India – 400103
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Avaran Packaging 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 Avaran Packaging 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 Avaran Packaging Private Limited, buy the company report.
Financials of Avaran Packaging Private Limited
FY 2016 filings availableAvaran Packaging Private Limited reported revenue of ₹1.05 Cr (down 52% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year. EBITDA rose 14% 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 | ||
| Other Income | ||
| Total Revenue | ₹1.05 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹88.29 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.4 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 | -84.1% | |
| Net Profit Margin | -133.2% | |
| 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 Avaran Packaging Private Limited, buy the company report.
Board of directors of Avaran Packaging Private Limited
Avaran Packaging 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 |
|---|---|---|---|---|
| Stanly Maganlal Bulsari | Director | 28 Sep 1994 | 32 Years 1 Months | Current |
| Nelson Maganlal Bulsari | Director | 19 May 1992 | 34 Years 5 Months | Current |
| Avantika Stanly Bulsari | Director | 19 May 1992 | 34 Years 5 Months | Current |
Auditor
Avaran Packaging Private Limited is audited by GUPTA SHYAM & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA SHYAM & CO | FY 2016 | 103450W |
Shareholding
The shareholding of Avaran Packaging Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Avaran Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2008 | 10091262 | Others | ₹37.31 Cr | Open | |
| 18 Feb 2010 | 10204554 | Citizencredit Co-Operative Bank Ltd.-Borivli Branch | ₹19 Lakh | Satisfied | |
| 10 Oct 2009 | 10182055 | Citizencredit Co-Operative Bank Ltd.-Borivli Branch | ₹37 Lakh | Satisfied | |
| 18 Jul 2008 | 10115014 | Citizencredit Co-Operative Bank Ltd.-Borivli Branch | ₹3 Cr | Satisfied | |
| 15 Jul 2008 | 10115050 | Citizencredit Co-Operative Bank Ltd. - Borivli Branch | ₹3.01 Cr | Satisfied |
To see the full charge records of Avaran Packaging Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Avaran Packaging Private Limited has 21 court cases on record: 5 filed by Avaran Packaging, 16 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 13 | 0 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by Tilak Polypack Pvt. Ltd. Thro' Agam Pankajbhai Shah and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Ms Ester Industries Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by Tilak Polypack Pvt. Ltd. | Disposed |
| District court, MYSURU, Karnataka | Civil suit | Filed against the company by Ms Super Six Products Pvt.Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Super Six Products Pvt Ltd -Others | Disposed |
To see the full case history of Avaran Packaging 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 Avaran Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Avaran Packaging Private Limited has a workforce of 6 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Avaran Packaging has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Avaran Packaging Private Limited, buy the company report.
Recent activity
Avaran Packaging Private Limited has 5 board changes on record since 1992: 4 appointments and 1 cessation. The latest: Sheryl Stanly Bulsari ceased to be Director on 30 Oct 2012.
21 earlier events are in the company report.
Frequently asked questions
Avaran Packaging is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 19 May 1992 (34+ years old) and is registered under CIN U25209MH1992PTC066838.
Avaran Packaging has 3 current directors:
- Stanly Maganlal Bulsari - Director
- Nelson Maganlal Bulsari - Director
- Avantika Stanly Bulsari - Director
The latest financial statements of Avaran Packaging 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.
No. Avaran Packaging has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Avaran Packaging is U25209MH1992PTC066838. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avaran Packaging has 21 court cases on record: 5 filed by the company and 16 filed against it. Most are in the district courts.
Avaran Packaging was incorporated on 19 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Sheryl Stanly Bulsari ceased to be Director on 30 Oct 2012. Sheryl Stanly Bulsari was appointed as Director on 13 Feb 2012. Stanly Maganlal Bulsari was appointed as Director on 28 Sep 1994. Avaran Packaging has 5 board changes on record in total.
Avaran Packaging can be reached through the website roto-group.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avaran Packaging is at 2 – A Suja Apartmentsi C Colonony Borivali West, Mumbai, Maharashtra, India – 400103.
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