- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0008819

About Cel Packaging Private Limited
Data last updated:
Cel Packaging Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 22 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2007PTC051560. Its GSTIN is 24AADCC1485H1ZU (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Divyadeepti Sunilkumar Handa and Rajivbhai Sagarbhai Mehta.
Its last annual general meeting (AGM) was held on 01 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Core House Off C.G. Road Near Parimal Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.41 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹36.85 Lakh (net margin 26.1%) and EBITDA of ₹82.76 Lakh (EBITDA margin 58.6%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 48% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹31.05 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹14.95 Cr; the latest was in March 2009. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
Cel Packaging Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0008819). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website coreemb.com.
Company details
Recognitions & Rankings of Cel Packaging
Contact details
Cel Packaging Private Limited's registered office is in Ahmedabad, Gujarat. Its website is coreemb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCore House Off C.G. Road Near Parimal Garden Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Cel 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 activities of Cel Packaging are trade and real estate. In detail, this covers retail trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Cel Packaging Private Limited, buy the company report.
Financials of Cel Packaging Private Limited
FY 2026 filings availableCel Packaging Private Limited reported revenue of ₹1.41 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 48% over five years, including a 13% fall in the latest year. EBITDA fell 14% 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 | ₹82.76 Lakh | ||||
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| Net Profit (PAT) | ₹36.85 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 | 58.6% | ||||
| Net Profit Margin | 26.1% | ||||
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To see the full financial statements and ratios of Cel Packaging Private Limited, buy the company report.
Board of directors of Cel Packaging Private Limited
Cel Packaging has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divyadeepti Sunilkumar Handa | Director | 22 Aug 2007 | 19 Years 2 Months | Current |
| Rajivbhai Sagarbhai Mehta | Director | 27 Jan 2009 | 17 Years 9 Months | Current |
| Siddharth Sunilkumar Handa | Director | 01 Jul 2016 | 10 Years 3 Months | Current |
| Sunilkumar Baldevraj Handa Also directs: Chrysalis Finance Limited, Chrysalis Industries Private Limited, Environmental Planning Collaborative and 2 more | Director | 22 Aug 2007 | 19 Years 2 Months | Current |
Auditor
Cel Packaging Private Limited is audited by C. R. Sharedalal & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. R. Sharedalal & Co. | FY 2024 | 109943W |
Shareholding
The shareholding of Cel Packaging Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cel Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2013 | 10403865 | Dena Bank | ₹9.75 Cr | Satisfied | |
| 15 Jan 2009 | 10140233 | Dena Bank (Consortium) | ₹9.38 Cr | Satisfied | |
| 15 Jan 2009 | 10140234 | Dena Bank ( Consortium) | ₹1.06 Cr | Satisfied | |
| 15 Jan 2009 | 10140235 | Dena Bank (Consortium) | ₹28.41 Lakh | Satisfied | |
| 15 Jan 2009 | 10140236 | Dena Bank (Consortium) | ₹10.58 Cr | Satisfied |
To see the full charge records of Cel Packaging Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Cel Packaging Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹14.95 Cr; the latest was in March 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Funding round | ₹14.95 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cel Packaging Private Limited has 6 court cases on record: 4 filed by Cel Packaging, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Karma Spices Pvt.Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Kheda at Nadiad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| District court, Kheda at Nadiad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Cel 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.
Credit ratings & regulatory alerts
Cel Packaging Private Limited was last rated by Crisil on 21 Jan 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jan 2020 |
To see the full credit ratings and regulatory alerts of Cel Packaging Private Limited, buy the company report.
MSME payment delays
Cel Packaging Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fair Pack Pvt Ltd |
To see the full MSME payment records of Cel Packaging Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cel Packaging Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Cel Packaging has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC1485H1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cel Packaging Private Limited, buy the company report.
Recent activity
Cel Packaging Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Siddharth Sunilkumar Handa was appointed as Director on 01 Jul 2016.
6 earlier events are in the company report.
Frequently asked questions
Cel Packaging is an active private limited company based in Ahmedabad, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 22 August 2007 (19+ years old) and is registered under CIN U74900GJ2007PTC051560.
Cel Packaging has 4 current directors:
- Divyadeepti Sunilkumar Handa - Director
- Rajivbhai Sagarbhai Mehta - Director
- Siddharth Sunilkumar Handa - Director
- Sunilkumar Baldevraj Handa - Director
The latest financial statements of Cel Packaging on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Cel Packaging is 24AADCC1485H1ZU, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Cel Packaging is U74900GJ2007PTC051560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cel Packaging has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the district courts.
Cel Packaging was incorporated on 22 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cel Packaging has 1 deal on record (1 funding round), with disclosed funding of ₹14.95 Cr; the latest was in March 2009.
Siddharth Sunilkumar Handa was appointed as Director on 01 Jul 2016. Rajivbhai Sagarbhai Mehta was appointed as Director on 27 Jan 2009. Divyadeepti Sunilkumar Handa was appointed as Director on 22 Aug 2007. Cel Packaging has 4 board changes on record in total.
Yes, Cel Packaging is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0008819).
Cel Packaging has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.

