About Bags & Sacks India Private Limited
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Bags & Sacks India 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 08 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17290MH2011PTC220641. Its GSTIN is 27AAECB6558M1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹96 Lakh. It is led by directors Amit Chaturvedi Mahendranath and Krishnakumar Ramkumar Bang.
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 Unit No – 308 Kewal Industrial Estate Senapati Bapat Marg Lower Parel(West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.28 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹96.9 Lakh (net margin 75.4%) and EBITDA of ₹1.23 Cr (EBITDA margin 95.7%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website banggroup.com.
Company details
Contact details
Bags & Sacks India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No – 308 Kewal Industrial Estate Senapati Bapat Marg Lower Parel(West), Mumbai, Maharashtra, India – 400013
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Bags & Sacks India 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
Financials of Bags & Sacks India Private Limited
FY 2025 filings availableBags & Sacks India Private Limited reported revenue of ₹1.28 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 17% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.23 Cr | ||||
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| Net Profit (PAT) | ₹96.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 95.7% | ||||
| Net Profit Margin | 75.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bags & Sacks India Private Limited, buy the company report.
Board of directors of Bags & Sacks India Private Limited
Bags & Sacks India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Chaturvedi Mahendranath | Director | 08 Aug 2011 | 15 Years 3 Months | Current |
| Krishnakumar Ramkumar Bang | Director | 08 Aug 2011 | 15 Years 3 Months | Current |
Peer comparison
Bags & Sacks India Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navsai Opportunities Private Limited | ₹1.29 Cr (FY 2025) | -98.0% | Pune, Maharashtra, India | |||
| Synergy Capital Tech Private Limited | ₹1.29 Cr (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| Chinubhai Chimanlal Dalal Security Private Limited | ₹1.29 Cr (FY 2025) | 1.0% | Navrangpura, Ahmedabad-6, Gujarat, India | |||
| Finlexco India Private Limited | ₹1.29 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Ascentios Advisors Private Limited | ₹1.29 Cr (FY 2025) | 11.0% | Thane, Maharashtra, India | |||
| Bags & Sacks India Private Limitedthis company | ₹1.28 Cr (FY 2025) | ₹96.9 Lakh | 75.4% | 17.0% | Mumbai, Maharashtra, India | |
| Libord Advisors Private Limited | ₹1.28 Cr (FY 2025) | -37.0% | Mumbai, Maharashtra, India | |||
| Dhanesvari Commodities Private Limited | ₹1.28 Cr (FY 2025) | 51.0% | Vadodara, Gujarat, India | |||
| Kstar Financial Services Private Limited | ₹1.28 Cr (FY 2025) | 33.0% | Lucknow, Uttar Pradesh, India | |||
| Bansidhar Merchandise Private Limited | ₹1.28 Cr (FY 2024) | 392.0% | Kolkata, West Bengal, India | |||
| Kfic Securities Limited | ₹1.28 Cr (FY 2025) | 27.0% | Pune, Maharashtra, India |
To see the full peer comparison of Bags & Sacks India Private Limited, buy the company report.
Auditor
Bags & Sacks India Private Limited is audited by K M GARG & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M GARG & CO | FY 2020 | 120712W |
Shareholding
The shareholding of Bags & Sacks India Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bags & Sacks India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bags & Sacks India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bags & Sacks India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bags & Sacks India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB6558M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bags & Sacks India Private Limited, buy the company report.
Recent activity
Bags & Sacks India Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Amit Chaturvedi Mahendranath was appointed as Director on 08 Aug 2011.
Frequently asked questions
Bags & Sacks India 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 08 August 2011 (15+ years old) and is registered under CIN U17290MH2011PTC220641.
Bags & Sacks India has 2 current directors:
- Amit Chaturvedi Mahendranath - Director
- Krishnakumar Ramkumar Bang - Director
The latest financial statements of Bags & Sacks India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bags & Sacks India is 27AAECB6558M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Bags & Sacks India is U17290MH2011PTC220641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bags & Sacks India was incorporated on 08 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bags & Sacks India by revenue are Navsai Opportunities Private Limited, Synergy Capital Tech Private Limited, Chinubhai Chimanlal Dalal Security Private Limited, Finlexco India Private Limited, Ascentios Advisors Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Amit Chaturvedi Mahendranath was appointed as Director on 08 Aug 2011. Krishnakumar Ramkumar Bang was appointed as Director on 08 Aug 2011.
Bags & Sacks India can be reached through the website banggroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bags & Sacks India is at Unit No – 308 Kewal Industrial Estate Senapati Bapat Marg Lower ParelWest, Mumbai, Maharashtra, India – 400013.
Bags & Sacks India operates in the packaging industry, in the industrial packaging solutions segment.
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