About Mullackal Polymers
Mullackal Polymers is a company based in Mumbai (India) founded in 2001 was acquired by Ipackchem in November 2021. The company has 229 employees.
- Headquarter Mumbai, India
- Employees 229
- SectorsChemicals & Materials
- Email••••••••
- Phone•••• ••••
- Website mullackal.com
- Social LinkedIn
- Acquired by Ipackchem (Nov 2021)
- Legal Name Mullackal Polymers Private Limited
- Date of Incorporation 01 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Mullackal Polymers
Mullackal Polymers operates through Greif India Plastics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Greif India Plastics Private Limited CIN U25200MH2007PTC174647 | Active | 01 Oct 2007 | Mumbai, Maharashtra | ₹185 Cr | 229 | 5 | View details |
Investors in Mullackal Polymers
Mullackal Polymers has secured backing from 1 investor. Prominent investors backing the company include Ipackchem.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Rigid plastic packaging products are manufactured by Ipackchem. | 1987 | ipackchem.com | Paris, France |
Investor details for Mullackal Polymers
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Board of directors of Greif India Plastics Private Limited (Mullackal Polymers)
Greif India Plastics Private Limited is the primary company behind Mullackal Polymers. The board of Greif India Plastics Private Limited currently have 4 directors; the longest-serving is Karthik Ramesh Pillai, appointed in 2012. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karthik Ramesh Pillai DIN 03345153 | Whole-time director | 01 Oct 2012 | 14 yrs | Greif India Plastics Private Limited |
| Tan Peck Ling DIN 10524607 | Director | 24 Apr 2024 | 2 yrs 5 mo | Greif India Plastics Private Limited |
| Matthew Edward Leahy DIN 10883700 | Director | 23 Dec 2024 | 1 yr 9 mo | Greif India Plastics Private Limited |
| Yie Min Chen DIN 10897110 | Director | 05 Jan 2025 | 1 yr 9 mo | Greif India Plastics Private Limited |
Financials of Mullackal Polymers
Figures of Greif India Plastics Private Limited, the primary company behind Mullackal Polymers, for FY 2025. Revenue was ₹185 Cr (+11% year on year). Net profit was ₹11.42 Cr (6% margin). EBITDA was ₹50.11 Cr (27% margin). Revenue has grown at a compounded annual rate of +35% over three years and +39% over five years.
- ₹185 CrRevenue · FY 2025 · +11% YoY
- ₹11.42 CrNet profit · 6% margin
- ₹50.11 CrEBITDA · 27% margin
- ₹3.76 CrPaid-up capital
- 229Employees (provident fund records)
- +35%Revenue CAGR, 3 years
- +39%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Greif India Plastics Private Limited are on its company page.
Detailed financial statements for Mullackal Polymers
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Timeline of Mullackal Polymers
2 dated milestones of Mullackal Polymers across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Mullackal Polymers is founded.
- Exit Acquired by Ipackchem.
Similar companies to Mullackal Polymers
10 companies that operate in the same segment as Mullackal Polymers (Polymers & Plastics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Thin PET films are manufactured for industrial applications worldwide. | 1984 | Noida, Uttar Pradesh, India | – | USD 754.18 M | 1,320 | |
Plastic packaging and protective solutions are manufactured globally. | 1967 | Evansville, Indiana, United States | – | – | – | |
Trelleborg is recognized as a leader in engineered polymer solutions. | 1905 | Rome, Lazio, Italy | – | USD 3.73 B | 15,890 | |
Developer and supplier of acrylic and vinyl emulsions polymers | 1863 | London, England, United Kingdom | USD 370 M | USD 2.34 B | 4,100 | |
Polyolefin and base chemical solutions are manufactured for various industries. | 1994 | Vienna, Austria | – | – | – | |
Resins, medical products, adhesives, plastics, and chemicals are manufactured. | 1947 | Osaka, Osaka Prefecture, Japan | – | USD 371.95 K | – | |
Manufacturer of mattress and foam products | 1971 | Noida, Uttar Pradesh, India | – | USD 406.72 M | 4,620 | |
Specialty polyester films are manufactured for diverse industrial applications. | – | United Kingdom | – | – | – | |
Plant-based specialty ingredients are manufactured for consumer products. | 2005 | Stratham, New Hampshire, United States | USD 23.62 M | USD 10.73 M | – | |
Manufacturing of automotive components and white goods in India. | 1989 | Pune, Maharashtra, India | – | – | – |
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Frequently Asked Questions about Mullackal Polymers
Mullackal Polymers was founded in 2001.
Mullackal Polymers is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Mullackal Polymers has 229 employees.
The primary company behind Mullackal Polymers, Greif India Plastics Private Limited, reported revenue of ₹185 Cr for FY 2025, up 11% year on year.
Mullackal Polymers was founded in 2001 in Mumbai, India. Manufacturing of specialty plastic bottles for the agrochemical sector is conducted. Products such as measuring cups, syringes, inner seals, and related packaging items are produced. Operations are based in India, with emphasis placed on research-oriented solutions for the plastics industry.
Mullackal Polymers has 1 investor. Key investors include Ipackchem.
Mullackal Polymers operates through Greif India Plastics Private Limited.
Yes. Mullackal Polymers was acquired by Ipackchem in November 2021.
The legal entities of Mullackal Polymers currently have 5 directors, including Karthik Ramesh Pillai, Bhavesh Ramjibhai Chavada, Matthew Edward Leahy and others.