About Axiom Propack Private Limited
Data last updated:
Axiom Propack Private Limited was a private limited company based in Panaji, Goa, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 20 September 2011.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U20296GA2011PTC013562. Its GSTIN is 29AAJCA9248E1ZD (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹18.87 Cr. It was led by directors including Davide Aiudi (Alternate Director) and David Stevenson.
Its last annual general meeting (AGM) was held on 27 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at D – 1 Sesa Ghor Patto, Panaji, Goa, India – 403001.
As per the financials filed for FY 2017, the company reported a revenue of ₹42.06 Cr, a growth of 128% compared to the previous year. For the same year it recorded a net loss of ₹1.41 Cr (net margin -3.3%) and EBITDA of ₹5.12 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 860% over three years.
The company had about 103 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Axiom Propack. As per MCA filings, the company had satisfied charges of ₹47.25 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.8 Cr; the latest was in March 2018.
The last known website on record is axiompropack.com.
Company details
CIN history
Axiom Propack has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U20296GA2011PTC013562, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20296GA2011PTC013562 | Current |
| U20296KA2011PTC102324 | Previous |
| U20296MH2011PTC222174 | Previous |
Contact details
Axiom Propack Private Limited's registered office is in Panaji, Goa. Its website is axiompropack.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 1 Sesa Ghor Patto, Panaji, Goa, India – 403001
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Axiom Propack 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
Brands
Axiom Propack operates one associated brand: Axiom Propack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of safety closures packaging for beverage bottles | axiompropack.com |
Business activity
The main business activity of Axiom Propack is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Axiom Propack Private Limited, buy the company report.
Financials of Axiom Propack Private Limited
FY 2018 filings availableAxiom Propack Private Limited reported revenue of ₹42.06 Cr (up 128% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 860% over three years, including 128% growth 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹42.06 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹5.12 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.41 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.2% | ||
| Net Profit Margin | -3.3% | ||
| 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 Axiom Propack Private Limited, buy the company report.
Board of directors of Axiom Propack Private Limited
Axiom Propack has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Davide Aiudi | Alternate Director | 13 Oct 2017 | 9 Years 0 Months | As last reported |
| David Stevenson | Additional Director | 12 Oct 2017 | 9 Years 0 Months | As last reported |
| Marco Giovannini | Additional Director | 12 Oct 2017 | 9 Years 0 Months | As last reported |
Auditor
Axiom Propack Private Limited is audited by R A KUVADIA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A KUVADIA & CO | FY 2017 | 105487W |
Shareholding
The shareholding of Axiom Propack Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Axiom Propack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2013 | 10435552 | Idbi Trusteeship Services Limited | ₹47.25 Cr | Satisfied |
To see the full charge records of Axiom Propack Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Axiom Propack Private Limited has 8 deals on record (6 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.8 Cr; the latest was in March 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Guala Closures (India) Private Limited & Shivaram Bhat, Guala Closures (India) Private Limited Seller: 4 individuals |
| Jun 2014 | Funding round | ₹2.16 Cr | Investors: an individual |
| Mar 2014 | Funding round | ₹8 Cr | Investors: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2014 | Funding round | ₹1.56 Cr | Investors: an individual |
To see the full deal history of Axiom Propack Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Axiom Propack Private Limited has 3 court cases on record: 2 filed by Axiom Propack, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Court case (APPL.33(C)(2)) | Filed against the company by an individual | Disposed |
| High Court | Court case ((T)OP(PT)) | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Axiom Propack 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.
Credit ratings & regulatory alerts
Axiom Propack Private Limited was last rated by Care on 14 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Jul 2017 |
To see the full credit ratings and regulatory alerts of Axiom Propack Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Axiom Propack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Axiom Propack Private Limited has a workforce of 103 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Axiom Propack has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCA9248E1ZD | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Axiom Propack Private Limited, buy the company report.
Recent activity
Axiom Propack Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Sadanand Shivanand Hanagodimath ceased to be Managing Director on 12 Nov 2019.
1 earlier event is in the company report.
Frequently asked questions
Axiom Propack has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Axiom Propack was a private limited company based in Panaji, Goa, India. The company worked in bottle and cap manufacturing, within the packaging industry. It was incorporated on 20 September 2011 and is registered under CIN U20296GA2011PTC013562. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Axiom Propack was incorporated on 20 September 2011. It is registered with the Registrar of Companies, Goa.
Axiom Propack had 3 directors:
- Davide Aiudi - Alternate Director
- David Stevenson - Additional Director
- Marco Giovannini - Additional Director
The CIN (Corporate Identification Number) of Axiom Propack is U20296GA2011PTC013562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Axiom Propack is at D – 1 Sesa Ghor Patto, Panaji, Goa, India – 403001.
Axiom Propack can be reached through the website axiompropack.com. Its registered office is in Panaji, Goa, India.
The latest financial statements of Axiom Propack on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 December 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Axiom Propack is 29AAJCA9248E1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Axiom Propack operated in the packaging industry, in the bottle and cap manufacturing segment.