About Despac Global Private Limited
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Despac Global Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 12 May 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17099KA2023PTC173547. Its GSTIN is 29AAKCD0183G1ZL (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85 Lakh. It is led by directors Rama Kailash Pareek and Aarti Parik.
Its last annual general meeting (AGM) was held on 20 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.59 Cr. For the same year it recorded a net profit of ₹47.01 Lakh (net margin 4.9%) and EBITDA of ₹91.6 Lakh (EBITDA margin 9.5%).
As per MCA filings, the company has open charges of ₹11.82 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 8 cases are pending.
For more details, the company can be reached via its website despac.in.
Company details
Contact details
Despac Global Private Limited's registered office is in Bangalore, Karnataka.
- Social Media
- Registered Address#76/3 Sharadamma Blgshed, Mylasndra Village, Bangalore, Karnataka, India – 560068
- IndustryPackaging, Woven Packaging Products
- 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 Despac Global Private Limited
FY 2024 filings availableDespac Global Private Limited reported revenue of ₹9.59 Cr for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
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| Depreciation and Amortisation | |
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| Total Expenses | |
| EBITDA | ₹91.6 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹47.01 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
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Financial Ratios
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.5% |
| Net Profit Margin | 4.9% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Efficiency and Growth | |
| Asset Turnover | |
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To see the full financial statements and ratios of Despac Global Private Limited, buy the company report.
Board of directors of Despac Global Private Limited
Despac Global has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Kailash Pareek | Director | 12 May 2023 | 3 Years 5 Months | Current |
| Aarti Parik | Director | 12 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Despac Global Private Limited is compared with the 10 companies closest to it by revenue in the Packaging industry (Woven Products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maruthi Polymers (India) Private Limited | ₹10.01 Cr (FY 2024) | -35.0% | Pudukkpttai, Tamil Nadu, India | |||
| Punjab Plastofab Pvt Ltd | ₹10 Cr (FY 2025) | -6.0% | Jalandhar, Punjab, India | |||
| M. M. Leno Industries Private Limited | ₹9.99 Cr (FY 2025) | 41.0% | Indore, Madhya Pradesh, India | |||
| Shawjee Polytech Private Limited | ₹9.99 Cr (FY 2025) | -20.0% | Burdwan, West Bengal, India | |||
| Tpi Industries Private Limited | ₹9.81 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Despac Global Private Limitedthis company | ₹9.59 Cr (FY 2024) | ₹47.01 Lakh | 4.9% | Bangalore, Karnataka, India | ||
| Pridee Non Woven Private Limited | ₹9.2 Cr (FY 2024) | 286.0% | Rajkot, Gujarat, India | |||
| Simaks Products Private Limited | ₹8.93 Cr (FY 2025) | 59.0% | Motihari, Bihar, India | |||
| Dimity Polypack Private Limited | ₹8.92 Cr (FY 2024) | -5.0% | Murbad, Maharashtra, India | |||
| Asthavinayak Polysacks Private Limited | ₹8.91 Cr (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Arp Woven Sack Private Limited | ₹8.91 Cr (FY 2024) | -23.0% | New Delhi, Delhi, India |
To see the full peer comparison of Despac Global Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2025 | 101201768 | Others | ₹5.85 Cr | Open | |
| 27 Jan 2025 | 101040137 | Others | ₹1.57 Cr | Open | |
| 13 Dec 2023 | 100844736 | State Bank of India | ₹4.4 Cr | Open |
To see the full charge records of Despac Global Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Despac Global Private Limited has 10 court cases on record: 10 filed against it. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 8 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by Om Logistics Limited and 1 other | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Inland Freight Express Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Jodhani Papers Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Adarsha Packaging Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Indifi Capital Private Limited | Pending |
To see the full case history of Despac Global 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
No delayed payments to MSME suppliers are on our record for Despac Global Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Despac Global has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCD0183G1ZL | Karnataka | Active | 25 May 2023 |
To see the full GST registrations and return filing status of Despac Global Private Limited, buy the company report.
Recent activity
Despac Global Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Aarti Parik was appointed as Director on 12 May 2023.
Frequently asked questions
Despac Global is an active private limited company based in Bangalore, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 12 May 2023 (3+ years old) and is registered under CIN U17099KA2023PTC173547.
Despac Global has 2 current directors:
- Rama Kailash Pareek - Director
- Aarti Parik - Director
The latest financial statements of Despac Global on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 November 2024. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Despac Global is 29AAKCD0183G1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of Despac Global is U17099KA2023PTC173547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Despac Global has 10 court cases on record: 10 filed against it. 8 are pending.
Despac Global was incorporated on 12 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Despac Global by revenue are Maruthi Polymers (India) Private Limited, Punjab Plastofab Pvt Ltd, M. M. Leno Industries Private Limited, Shawjee Polytech Private Limited, Tpi Industries Private Limited and 5 more, all in the Packaging industry (Woven Products).
Aarti Parik was appointed as Director on 12 May 2023. Rama Kailash Pareek was appointed as Director on 12 May 2023.
Despac Global can be reached through the website despac.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Despac Global is at #763 Sharadamma Blgshed, Mylasndra Village, Bangalore, Karnataka, India – 560068.