Clear Mipak Packaging Solutions Limited

Clear Mipak Packaging Solutions Limited - plastics in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U25202MH1986PLC038626 Incorporated 15 January 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company plastics
Data last updated
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹4.47 Cr
Issued & subscribed
Company age
40 yrs
Est. 1986
Employees · EPFO
122
Provident fund records
Directors on board
6
As per MCA filings
Last financials
Mar 2014
Balance sheet date
Last AGM
12 Sep 2014
Annual general meeting
Company status
Amalgamated
MCA master data

About Clear Mipak Packaging Solutions Limited

Data last updated:

Clear Mipak Packaging Solutions Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastics and polymer products segment of the plastics and polymers sector. It was incorporated on 15 January 1986.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U25202MH1986PLC038626.

The company had an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹4.47 Cr. It was led by directors including Mahendra Chhotalal Sheth and Malav Ashwin Dani.

Its last annual general meeting (AGM) was held on 12 September 2014, and its latest financial statements are for the year ended 31 March 2014. The registered office was at Mumbai, Maharashtra.

The company had about 122 employees on its provident fund (EPFO) records before it was dissolved.

Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 5 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in September 2013.

Company details

CIN U25202MH1986PLC038626
Registration Number 038626
Incorporation Date 15 January 1986
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 12 September 2014
Date of Balance Sheet 31 March 2014

CIN history

Clear Mipak Packaging Solutions has one previous CIN (Corporate Identification Number): U25202MH1986PTC038626. The current CIN is U25202MH1986PLC038626, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25202MH1986PLC038626Current
U25202MH1986PTC038626Previous

Contact details

Clear Mipak Packaging Solutions Limited's registered office is in Mumbai, Maharashtra.

  • Registered Address
    Unit No. 203 2nd Floor Welspun House Kamala City Senapati Bapat Marg Lower, Parel., Mumbai, Maharashtra, India – 400013
  • Industry
    Plastics, Plastic, Plastic Packaging, Manufacturing
Comprehensive company report
Clear Mipak Packaging Solutions Limited - one report that includes everything
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  • 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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Financials of Clear Mipak Packaging Solutions Limited

FY 2014 filings available

Financial Statement Summary

MetricsFY 2013-14
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2013-14
Profitability
EBITDA Margin
Net Profit Margin
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 Clear Mipak Packaging Solutions Limited, buy the company report.

Board of directors of Clear Mipak Packaging Solutions Limited

Clear Mipak Packaging Solutions has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mahendra Chhotalal ShethDirector16 Apr 200323 Years 6 MonthsAs last reported
Malav Ashwin DaniDirector04 Feb 201214 Years 8 MonthsAs last reported
Jatin Ramesh ShahDirector26 Jun 201016 Years 4 MonthsAs last reported
Ashwin Ratilal NagarwadiaDirector02 Nov 201213 Years 11 MonthsAs last reported
Gool Maneck KotwalAdditional Director26 May 201511 Years 5 MonthsAs last reported
Satish Balkrishna SamantDirector04 Feb 201214 Years 8 MonthsAs last reported

Deals & funding

Clear Mipak Packaging Solutions Limited has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in September 2013.

Total deals
6
Secondary share transfers
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹15.29 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Sep 2013Secondary share transferUndisclosedBuyer: Malav Dani nominee of Hitech Corporation Limited
Seller: Ashok K Goyal nominee of Hitech Corporation Limited
Mar 2010Rights issue₹24.95 CrInvestors: Hitech Corporation Limited , Geetanjali Trading and Investments Private Limited
Mar 2008Secondary share transferUndisclosedSeller: Hitech Corporation Limited
Mar 2008Funding round₹9.3 CrInvestors: Geetanjali Trading and Investments Private Limited
May 2007Secondary share transferUndisclosedBuyer: Hitech Corporation Limited
Seller: Asian Paints Limited

To see the full deal history of Clear Mipak Packaging Solutions Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Clear Mipak Packaging Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Clear Mipak Packaging Solutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Clear Mipak Packaging Solutions Limited has 18 board changes on record since 2003: 6 appointments and 12 cessations. The latest: Gool Maneck Kotwal was appointed as Additional Director on 26 May 2015.

Appointed
Gool Maneck Kotwal was appointed as Additional Director.
Ceased
Rameshchandra Shantilal Gandhi ceased to be Director.
AGM
Clear Mipak Packaging Solutions Limited last Annual general meeting of members was held on 12 Sep 2014 as per latest MCA records.
Filing
Clear Mipak Packaging Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Mumbai.
Ceased
Mahavir Shantilal Jain ceased to be Person Incharge.
Ceased
Ashwin Ratilal Nagarwadia ceased to be Additional Director.
Ceased
Rajiv Trimbak Gandhe ceased to be Whole-Time Director.
Ceased
Bhupendra P Dusara ceased to be Director.
Appointed
Ashwin Ratilal Nagarwadia was appointed as Director.
Ceased
Malav Ashwin Dani ceased to be Director Appointed In Casual Vacancy.
Ceased
Satish Balkrishna Samant ceased to be Director Appointed In Casual Vacancy.
Ceased
Ashok Kumar Goyal ceased to be Director.

9 earlier events are in the company report.

Frequently asked questions

Clear Mipak Packaging Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Clear Mipak Packaging Solutions was a public limited company based in Mumbai, Maharashtra, India. The company worked in plastic, within the plastics industry. It was incorporated on 15 January 1986 and is registered under CIN U25202MH1986PLC038626. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Clear Mipak Packaging Solutions was incorporated on 15 January 1986. It is registered with the Registrar of Companies, Mumbai.

Clear Mipak Packaging Solutions had 6 directors:

The CIN (Corporate Identification Number) of Clear Mipak Packaging Solutions is U25202MH1986PLC038626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Clear Mipak Packaging Solutions is at Unit No. 203 2nd Floor Welspun House Kamala City Senapati Bapat Marg Lower, Parel., Mumbai, Maharashtra, India – 400013.

The latest financial statements of Clear Mipak Packaging Solutions on record with the MCA are for the year ended 31 March 2014. Its last annual general meeting was held on 12 September 2014. Year-wise statements from 2015 are in the company report.

Clear Mipak Packaging Solutions operated in the plastics industry, in the plastic segment.

Clear Mipak Packaging Solutions has 6 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹15.29 Cr; the latest was in September 2013.

Clear Mipak Packaging Solutions has 21 court cases on record: 15 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.