Finetech Packwell Private Limited
About Finetech Packwell Private Limited
Data last updated:
Finetech Packwell Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the crop protection segment of the agriculture sector. It was incorporated on 13 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36102GJ2007PTC051108. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.11 Cr. It was formerly known as Concept Bio-Net Private Limited. It is led by directors including Ramesh Vishwanath Vyas and Abhishek Rameshchandra Vyas.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at A – 802 Premium House Near Gandhigram Railway Stat Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2016, the company reported a revenue of ₹5.35 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹77.74 Lakh and EBITDA of ₹2.73 Lakh (EBITDA margin 51.1%).
As per MCA filings, the company has satisfied charges of ₹3.7 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Finetech Packwell has one previous CIN (Corporate Identification Number): U24129GJ2007PTC051108. The current CIN is U36102GJ2007PTC051108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36102GJ2007PTC051108 | Current |
| U24129GJ2007PTC051108 | Previous |
Contact details
Finetech Packwell Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 802 Premium House Near Gandhigram Railway Stat Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryAgriculture, Crop Protection
To see the full contact details of Finetech Packwell 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 activity of Finetech Packwell 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 Finetech Packwell Private Limited, buy the company report.
Financials of Finetech Packwell Private Limited
FY 2016 filings availableFinetech Packwell Private Limited reported revenue of ₹5.35 Lakh (down 97% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 97% in the latest year. EBITDA fell 90% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹5.35 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.73 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹77.74 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 51.1% | |
| 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 Finetech Packwell Private Limited, buy the company report.
Board of directors of Finetech Packwell Private Limited
Finetech Packwell has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Vishwanath Vyas Also directs: Fineline Agriaids Pvt. Ltd. | Director | 13 Jun 2007 | 19 Years 4 Months | Current |
| Abhishek Rameshchandra Vyas Also directs: Fineline Agriaids Pvt. Ltd., Fineline Seeds India Private Limited | Director | 13 Jun 2007 | 19 Years 4 Months | Current |
| Naresh Chander Vyas | Director | 26 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Finetech Packwell Private Limited is audited by L N PATEL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L N PATEL & CO | FY 2016 | 107726W |
Shareholding
The shareholding of Finetech Packwell Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Finetech Packwell Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2011 | 10300097 | Bank of Baroda | ₹3.7 Cr | Satisfied |
To see the full charge records of Finetech Packwell Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Finetech Packwell Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Finetech Packwell 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 Finetech Packwell Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Finetech Packwell has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Finetech Packwell Private Limited, buy the company report.
Recent activity
Finetech Packwell Private Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Naresh Chander Vyas ceased to be Additional Director on 29 Sep 2011.
Frequently asked questions
Finetech Packwell is an active private limited company based in Ahmedabad, Gujarat, India. The company works in crop protection, within the agriculture industry. It was incorporated on 13 June 2007 (19+ years old) and is registered under CIN U36102GJ2007PTC051108.
Finetech Packwell has 3 current directors:
- Ramesh Vishwanath Vyas - Director
- Abhishek Rameshchandra Vyas - Director
- Naresh Chander Vyas - Director
The latest financial statements of Finetech Packwell on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Finetech Packwell has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Finetech Packwell is U36102GJ2007PTC051108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finetech Packwell has 5 court cases on record: 5 filed against it.
Finetech Packwell was incorporated on 13 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Naresh Chander Vyas ceased to be Additional Director on 29 Sep 2011. Naresh Chander Vyas was appointed as Director on 26 Feb 2011. Abhishek Rameshchandra Vyas was appointed as Director on 13 Jun 2007. Finetech Packwell has 4 board changes on record in total.
The registered office of Finetech Packwell is at A – 802 Premium House Near Gandhigram Railway Stat Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Finetech Packwell operates in the agriculture industry, in the crop protection segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
