Chola Packaging Private Limited

Chola Packaging Private Limited - packaging in Rajapalayam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U25209TN1984PTC010719 Incorporated 14 March 1984 ROC Chennai HQ Rajapalayam, Tamil Nadu, India
Active Private Limited Company packaging MSME · Small
Data last updated
Revenue · FY 2026
₹42.97 Cr
▼ 2% YoY
Net profit · FY 2026
₹42.59 Lakh
Net margin 1%
EBITDA · FY 2026
₹5.58 Cr
EBITDA margin 13%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.88 Cr
Issued & subscribed
Open charges
₹24.55 Cr
Satisfied ₹2.81 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
188
Provident fund records

About Chola Packaging Private Limited

Data last updated:

Chola Packaging Private Limited is a private limited company based in Rajapalayam, Tamil Nadu, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 14 March 1984 and has been in existence for over 42 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U25209TN1984PTC010719. Its GSTIN is 33AAACC6387M1ZC (Tamil Nadu).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.88 Cr. It was formerly known as Chola Packaging Ltd and Chola Packaging Limited. It is led by directors including Sinthalapadi Venugopal Raja Ravi (Managing Director) and Ravi Sunethra (Whole-Time Director).

Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 808 Sankarankoil Roadrajapalayam – 626 117. Tamilnadu, Tamil Nadu, India – 626117.

As per the financials filed for FY 2026, the company reported a revenue of ₹42.97 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹42.59 Lakh (net margin 1%) and EBITDA of ₹5.58 Cr (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.

The company has about 188 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Polyspin. As per MCA filings, the company has open charges of ₹24.55 Cr and satisfied charges of ₹2.81 Cr on record. Court records list 10 cases involving the company, including 6 filed by the company and 4 filed against it; 4 cases are pending.

Chola Packaging Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-32-0001202). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polyspin.in.

Company details

CIN U25209TN1984PTC010719
Registration Number 010719
Incorporation Date 14 March 1984
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-32-0001202

Name history

Chola Packaging has undergone 4 name changes throughout its history. The current legal name is Chola Packaging Private Limited.

Company NameStatus
Chola Packaging Private LimitedCurrent
Chola Packaging LtdPrevious
Chola Packaging LimitedPrevious
Chola Packaging Pvt LtdPrevious

CIN history

Chola Packaging has one previous CIN (Corporate Identification Number): U25209TN1984PLC010719. The current CIN is U25209TN1984PTC010719, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25209TN1984PTC010719Current
U25209TN1984PLC010719Previous
Key People
Sinthalapadi Venugopal Raja Ravi Managing Director Ravi Sunethra Whole-Time Director Ravi Varun Director

Recognitions & Rankings of Chola Packaging

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-32-0001202

Contact details

Chola Packaging Private Limited's registered office is in Rajapalayam, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    808 Sankarankoil Roadrajapalayam – 626 117. Tamilnadu, Tamil Nadu, India – 626117
  • Industry
    Packaging, Woven Packaging Products

To see the full contact details of Chola Packaging Private Limited, buy the company report.

Comprehensive company report
Chola Packaging Private Limited - one report that includes everything
  • 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
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Brands

Chola Packaging operates one associated brand: Polyspin. Each brand links to its own profile.

BrandDescriptionWebsite
Polyspin
Flexible intermediate bulk containers are manufactured for industrial applications.polyspin.in

Business activity

The main business activity of Chola Packaging is manufacturing. In detail, this covers manufacture of rubber and plastics products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing22Manufacture of rubber and plastics products

To see the full business activity and turnover split of Chola Packaging Private Limited, buy the company report.

Financials of Chola Packaging Private Limited

FY 2026 filings available

Chola Packaging Private Limited reported revenue of ₹42.97 Cr (down 2% YoY) for FY 2026.

Revenue · FY 2026
₹42.97 Cr ▼ 2%
Net profit · FY 2026
₹42.59 Lakh margin 1%
EBITDA · FY 2026
₹5.58 Cr margin 13%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 7%
5 years · compounded
▼ 1%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 6% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹42.97 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.58 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹42.59 Lakh
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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin13%
Net Profit Margin1%
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 Chola Packaging Private Limited, buy the company report.

Board of directors of Chola Packaging Private Limited

Chola Packaging has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi Varun
Also directs: Ramona Cosmaceuticals Private Limited, Energyspin Private Limited
Director28 Dec 200619 Years 10 MonthsCurrent
Ravi Sunethra
Also directs: Ganesh Agro Pack Private Limited, Ramona Cosmaceuticals Private Limited
Whole-Time Director01 Mar 20188 Years 8 MonthsCurrent
Sinthalapadi Venugopal Raja Ravi
Also directs: Ganesh Agro Pack Private Limited, Ramona Cosmaceuticals Private Limited, Polyspin Exports Limited
Managing Director12 Oct 198937 Years 0 MonthsCurrent
View all directors

Auditor

Chola Packaging Private Limited is audited by KRISHNAN & RAMAN for the financial year 2026.

Auditor firmFinancial yearFirm registration number
KRISHNAN & RAMANFY 2026001515S

Shareholding

The shareholding of Chola Packaging Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Chola Packaging Private Limited, buy the company report.

Charges & borrowings

Open charges
₹24.55 Cr
Satisfied charges
₹2.81 Cr
Breakdown by lending institutions
City Union Bank Limited₹24.55 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Jul 2025101136475City Union Bank Limited₹7.5 LakhOpen
30 Sep 2024100985658City Union Bank Limited₹70 LakhOpen
11 Sep 2024100982300City Union Bank Limited₹73 LakhOpen
28 Jan 200290293961City Union Bank Limited₹23.05 CrOpen
16 Feb 2022100543047City Union Bank Limited₹6.5 LakhSatisfied

To see the full charge records of Chola Packaging Private Limited, buy the company report.

Total charge records: 15 View all charges

MSME payment delays

Chola Packaging Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 170 overdue payments to 5 micro and small suppliers. 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 (5 of 5)

SupplierAmount dueDue sinceReported on
Konkan Speciality Polyproducts Private Limited
Multi Wraps Private Limited
Perfect Belts Private Limited
Venlub Petro Products Private Limited
Omega Plasto Limited

To see the full MSME payment records of Chola Packaging Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Chola Packaging Private Limited has a workforce of 188 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
188
Active EPFO establishments
1
Employee growth
-2.08%

GST

Chola Packaging has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACC6387M1ZCTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Chola Packaging Private Limited, buy the company report.

Recent activity

Chola Packaging Private Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Sakthikumar Ramasamy Raja ceased to be Additional Director on 29 Aug 2018.

Filing
Chola Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
AGM
Chola Packaging Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Charges
A charge with City Union Bank Limited of Rs. 23.05 Cr registered on 28 Jan 2002 with Charge ID 90293961 was modified on 25 Jul 2025.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.08 Cr with Charge ID 101136475 was registered on 01 Jul 2025.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.70 Cr with Charge ID 100985658 was registered on 30 Sep 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.73 Cr with Charge ID 100982300 was registered on 11 Sep 2024.
Charges
A charge registered on 31 Aug 2020 via Charge ID 100367464 with City Union Bank Limited was fully satisfied on 24 Jun 2024.
Charges
A charge registered on 16 Feb 2022 via Charge ID 100543047 with City Union Bank Limited was fully satisfied on 06 Jun 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100543047 was registered on 16 Feb 2022.
Charges
A charge registered on 10 Feb 2016 via Charge ID 10622795 with City Union Bank Limited was fully satisfied on 10 Sep 2020.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100367464 was registered on 31 Aug 2020.
Ceased
Sakthikumar Ramasamy Raja ceased to be Additional Director.

30 earlier events are in the company report.

Frequently asked questions

Chola Packaging is an active private limited company based in Rajapalayam, Tamil Nadu, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 14 March 1984 (42+ years old) and is registered under CIN U25209TN1984PTC010719.

Chola Packaging has 3 current directors:

The latest financial statements of Chola Packaging on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Chola Packaging is 33AAACC6387M1ZC, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Chola Packaging is U25209TN1984PTC010719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Chola Packaging has 10 court cases on record: 6 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.

Chola Packaging was incorporated on 14 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Chennai.

Sakthikumar Ramasamy Raja ceased to be Additional Director on 29 Aug 2018. Ravi Sunethra was appointed as Whole-Time Director on 01 Mar 2018. Perumal Raja Muthukrishnan ceased to be Director on 01 Apr 2007. Chola Packaging has 5 board changes on record in total.

Yes, Chola Packaging is registered as a small enterprise under Udyam registration (number: UDYAM-TN-32-0001202).

Chola Packaging has 11 MSME Form 1 returns on record between 2019 and 2023, listing 170 overdue payments to 5 micro and small suppliers. The latest return was filed on 03 Dec 2023.

Chola Packaging can be reached through the website polyspin.in. Its registered office is in Rajapalayam, Tamil Nadu, India.