MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0014734
Cilicant Private Limited - packaging in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹129.02 Cr
▲ 36% YoY
Net profit · FY 2024
₹10.13 Cr
Net margin 7.9%
EBITDA · FY 2024
₹26.57 Cr
EBITDA margin 20.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹73.92 Lakh
Issued & subscribed
Open charges
₹163.67 Cr
Satisfied ₹26.3 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
330
Provident fund records
About Cilicant Private Limited
Data last updated:
Cilicant Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the pharmaceutical packaging solutions segment of the packaging sector. It was incorporated on 03 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24100PN2011PTC138759. Its GSTIN is 27AAECC3132G1Z1 (Maharashtra). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹73.92 Lakh. It was formerly known as Cilicant Chem Private Limited. It is led by directors including Manish Jain (Managing Director) and Rishika Manish Jain (Whole-Time Director).
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 Plot No. 17 Ashra Estate Ubale Nagar Road, Wagholi Pune – 412207, Maharashtra, India – 412207.
As per the financials filed for FY 2024, the company reported a revenue of ₹129.02 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹10.13 Cr (net margin 7.9%) and EBITDA of ₹26.57 Cr (EBITDA margin 20.6%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 34% over five years.
The company has about 330 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Container Desiccant, Freshcant and Cilicant. As per MCA filings, the company has open charges of ₹163.67 Cr and satisfied charges of ₹26.3 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 5 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.84 Cr; the latest was in February 2021. Its 3 peer companies in the Packaging industry (Pharma Packaging), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 1 smaller; the largest is Denis Chem Lab Limited with revenue of ₹175.67 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 111 overdue payments to 44 micro and small suppliers.
Cilicant Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0014734). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cilicant.com.
Company details
CIN U24100PN2011PTC138759
Registration Number 138759
Incorporation Date 03 March 2011
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0014734
Key People
Manish Jain Managing Director Rishika Manish Jain Whole-Time Director Shiraz Bugwadia Homi Director Recognitions & Rankings of Cilicant
Contact details
Cilicant Private Limited's registered office is in Pune, Maharashtra. Its website is cilicant.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 17 Ashra Estate Ubale Nagar Road, Wagholi Pune – 412207, Maharashtra, India – 412207
- IndustryPackaging, Pharmaceutical Packaging Solutions
To see the full contact details of Cilicant Private Limited, buy the company report.
Comprehensive company report
Cilicant 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
Cilicant operates multiple associated brands including Container Desiccant, Freshcant, and Cilicant. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers moisture-absorbing products for homes and storage to prevent dampness and mold. | freshcant.com | |
| Drugs for the biopharma sector are manufactured and supplied. | cilicant.com | |
| Manufactures and supplies desiccants for moisture absorption in shipping containers. | containerdesiccant.com |
Business activity
The main business activity of Cilicant is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Cilicant Private Limited, buy the company report.
Financials of Cilicant Private Limited
FY 2025 filings availableCilicant Private Limited reported revenue of ₹129.02 Cr (up 36% YoY) for FY 2024.
Revenue · FY 2024
₹129.02 Cr ▲ 36%
Net profit · FY 2024
₹10.13 Cr margin 7.9%
EBITDA · FY 2024
₹26.57 Cr margin 20.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 31%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 151%
3 years · compounded
▲ 12%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 36% growth in the latest year. EBITDA rose 151% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹26.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.13 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.6% | ||||
| Net Profit Margin | 7.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Cilicant Private Limited, buy the company report.
Board of directors of Cilicant Private Limited
Cilicant has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiraz Bugwadia Homi Also directs: Dui Investment Advisors LLP, Teen Investment Advisors LLP, Aek Management Consulting LLP and 5 more | Director | 22 Feb 2021 | 5 Years 8 Months | Current |
| Rishika Manish Jain | Whole-Time Director | 03 Mar 2011 | 15 Years 7 Months | Current |
| Manish Jain Also directs: Teen Labs Private Limited | Managing Director | 03 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Cilicant Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Pharma Packaging), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Denis Chem Lab Limited | ₹175.67 Cr (FY 2025) | 4.0% | Kalol, Gujarat, India | |||
| Wahren India Private Limited | ₹148.96 Cr (FY 2025) | 241.0% | Noida, Uttar Pradesh, India | |||
| Cilicant Private Limitedthis company | ₹129.02 Cr (FY 2024) | ₹10.13 Cr | 7.9% | 36.0% | 330 | Pune, Maharashtra, India |
| Medicap Healthcare Limited | ₹110 Cr (FY 2025) | 7.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Cilicant Private Limited, buy the company report.
Auditor
Cilicant Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Cilicant 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 Cilicant Private Limited, buy the company report.
Charges & borrowings
Open charges
₹163.67 Cr
Satisfied charges
₹26.3 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101165664 | Citi Bank N.A. | ₹10 Cr | Open | |
| 31 Jul 2025 | 101158646 | Others | ₹2.5 Cr | Open | |
| 27 May 2025 | 101113187 | Citi Bank N.A. | ₹10 Cr | Open | |
| 27 Mar 2025 | 101091880 | Citi Bank N.A. | ₹35 Cr | Open | |
| 18 Dec 2024 | 101029161 | Others | ₹27.5 Cr | Open |
To see the full charge records of Cilicant Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Cilicant Private Limited has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.84 Cr; the latest was in February 2021.
Total deals
9
Funding rounds
5
Secondary share transfers
4
Disclosed funding
₹14.84 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2021 | Funding round | ₹13.5 Cr | Investors: Flint Management Consultants LLP |
| Nov 2020 | Secondary share transfer | Undisclosed | Buyer: Regale Management Consultants LLP , 2 individuals Seller: Utkarsha Mechanical Works LLP , 3 individuals |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2019 | Funding round | ₹8.8 Lakh | Investors: Utkarsha Mechanical Works LLP |
To see the full deal history of Cilicant 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
Cilicant Private Limited has 7 court cases on record: 4 filed by Cilicant, 3 filed against it. 5 cases are pending and 2 are disposed.
Total cases
7
Filed by the company
4
Filed against the company
3
Pending
5
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 5 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Pudi Pak Private Limited | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Exhicon Media Solutions Pvt Ltd and 2 others | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Veer Ratna Enterprises Through Its Proprietor Dipali Sandip Bhosale | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Cilicant 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.
MSME payment delays
Cilicant Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 111 overdue payments to 44 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 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| United Carbon Solutions Private Limited | |||
| an individual supplier | |||
| Fibre Foils Limited | |||
| Aquamate Engineering Private Limited |
To see the full MSME payment records of Cilicant Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cilicant Private Limited has a workforce of 330 employees on its EPFO records as of Sep 26, 2024, across 1 active EPFO establishment.
Employee count
330
Active EPFO establishments
1
Employee growth
5.1%
GST
Cilicant has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC3132G1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 24AAECC3132G1Z7 | Gujarat | Active | 11 Dec 2020 |
| 07AAECC3132G1Z3 | Delhi | Active | 14 Mar 2021 |
| 29AAECC3132G1ZX | Karnataka | Active | 18 Mar 2021 |
To see the full GST registrations and return filing status of Cilicant Private Limited, buy the company report.
Recent activity
Cilicant Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Shiraz Bugwadia Homi was appointed as Director on 22 Feb 2021.
Charges
A charge with Others of Rs. 2.50 Cr registered on 31 Jul 2025 with Charge ID 101158646 was modified on 13 Oct 2025.
Charges
A charge with Others of Rs. 27.50 Cr registered on 18 Dec 2024 with Charge ID 101029161 was modified on 13 Oct 2025.
Charges
A charge registered on 30 Sep 2023 via Charge ID 100823663 with Others was fully satisfied on 13 Oct 2025.
AGM
Cilicant Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Citi Bank N.A. amounted to Rs. 10.00 Cr with Charge ID 101165664 was registered on 15 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 101158646 was registered on 31 Jul 2025.
Charges
A charge with Citi Bank N.A. amounted to Rs. 10.00 Cr with Charge ID 101113187 was registered on 27 May 2025.
Filing
Cilicant Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited of Rs. 17.50 Cr registered on 27 Aug 2019 with Charge ID 100289953 was modified on 28 Mar 2025.
Charges
A charge with Citi Bank N.A. amounted to Rs. 35.00 Cr with Charge ID 101091880 was registered on 27 Mar 2025.
Charges
A charge with Others amounted to Rs. 27.50 Cr with Charge ID 101029161 was registered on 18 Dec 2024.
Charges
A charge with Others amounted to Rs. 1.66 Cr with Charge ID 101007253 was registered on 25 Nov 2024.
41 earlier events are in the company report.
Frequently asked questions
Cilicant is an active private limited company based in Pune, Maharashtra, India. The company works in pharmaceutical packaging solutions, within the packaging industry. It was incorporated on 03 March 2011 (15+ years old) and is registered under CIN U24100PN2011PTC138759.
Cilicant has 3 current directors:
- Manish Jain - Managing Director
- Rishika Manish Jain - Whole-Time Director
- Shiraz Bugwadia Homi - Director
The latest financial statements of Cilicant 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 Cilicant is 27AAECC3132G1Z1, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 24AAECC3132G1Z7 (Gujarat), 07AAECC3132G1Z3 (Delhi), 29AAECC3132G1ZX (Karnataka).
The CIN (Corporate Identification Number) of Cilicant is U24100PN2011PTC138759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cilicant has 7 court cases on record: 4 filed by the company and 3 filed against it. 5 are pending.
Cilicant was incorporated on 03 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Cilicant has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹14.84 Cr; the latest was in February 2021.
The peers of Cilicant by revenue are Denis Chem Lab Limited, Wahren India Private Limited, Medicap Healthcare Limited, all in the Packaging industry (Pharma Packaging), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Shiraz Bugwadia Homi was appointed as Director on 22 Feb 2021. Manish Jain was appointed as Managing Director on 03 Mar 2011. Rishika Manish Jain was appointed as Whole-Time Director on 03 Mar 2011.
Yes, Cilicant is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0014734).
Cilicant has 8 MSME Form 1 returns on record between 2019 and 2023, listing 111 overdue payments to 44 micro and small suppliers. The latest return was filed on 14 Dec 2023.