About Girnar Corrugators Pvt Ltd
Data last updated:
Girnar Corrugators Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the paper segment of the packaging sector. It was incorporated on 03 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP1993PTC007986. Its GSTIN is 23AAACG6285C1ZX (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors including Amit Jain (Whole-Time Director) and Akshat Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 08 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 75 – B 76 – B Sector – Eindustrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.73 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Cr (net margin -7.4%) and EBITDA of -₹35.06 Lakh (EBITDA margin -2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.53 Cr and satisfied charges of ₹20.13 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website packaging.creativeclick.in.
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- Website
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- Registered Address75 – B 76 – B Sector – Eindustrial Area Sanwer Road, Indore, Madhya Pradesh, India – 452001
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
- One PDF report, delivered after checkout
Business Activity of Girnar Corrugators Pvt Ltd
The main business activity of Girnar Corrugators is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Girnar Corrugators Pvt Ltd FY 2025 filings available
Girnar Corrugators Pvt Ltd reported revenue of ₹17.73 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Girnar Corrugators Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA fell 128% 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 of Girnar Corrugators Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹35.06 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.31 Cr | •••• | •••• | •••• | •••• |
| 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 of Girnar Corrugators Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Girnar Corrugators are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Umang Pack-Craft Private Limited | ₹17.87 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ahmedabad, Gujarat, India |
| Lohia Jute Press Pvt Ltd | ₹17.82 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Naveen Graphics Private Limited | ₹17.79 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| R C Corru Pack Private Limited | ₹17.76 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Nagpur, Maharashtra, India |
| Subh-Drishti Lamipack Private Limited | ₹17.74 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Girnar Corrugators Pvt Ltd this company | ₹17.73 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Indore, Madhya Pradesh, India |
| Tech Wrappers Private Limited | ₹17.59 Cr (FY 2024) | •••• | •••• | 132.0% | •••• | Deshalpar, Gujarat, India |
| A-One Containers Private Limited | ₹17.57 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Choudhary Agencies Pvt Ltd | ₹17.53 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Hyderabad Paper Mills Private Limited | ₹17.51 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Sangareddy, Telangana, India |
| Spino Poly Products Private Limited | ₹17.5 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Girnar Corrugators by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd is audited by A.P. GARG & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A.P. GARG & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Girnar Corrugators Pvt Ltd
Girnar Corrugators has 7 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jain | Whole-Time Director | 03 Sep 2018 | 8 Years 1 Months | Current |
| Vimla Ashokkumar Jain Also directs: Aagaaj Perfumery LLP, Avika Builders Private Limited | Director | 03 Dec 1993 | 32 Years 10 Months | Current |
| Ritu Jain | Director | 01 Apr 2005 | 21 Years 6 Months | Current |
| Akshat Jain Also directs: Avika Builders Private Limited | Whole-Time Director | 08 May 2018 | 8 Years 5 Months | Current |
| Neeraj Jain | Director | 03 Dec 1993 | 32 Years 10 Months | Current |
| Vineet Jain | Whole-Time Director | 01 Mar 2017 | 9 Years 7 Months | Current |
Ownership and Shareholding of Girnar Corrugators Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Girnar Corrugators Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2021 | Others | ₹7.39 Cr | Open |
| 29 Dec 2016 | Hdfc Bank Limited | ₹14.17 Lakh | Open |
| 24 Jul 2020 | Others | ₹75 Lakh | Satisfied |
| 14 Jan 2020 | Others | ₹4.25 Cr | Satisfied |
| 20 Mar 2010 | Hdfc Bank Limited | ₹5.25 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd has 4 court cases on record: 2 filed by Girnar Corrugators, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 02 Oct 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Indore, Madhya Pradesh | Court case (MJC AV) | Filed against the company by an individual | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against Official Liquidator of Mission Vivacare Ltd | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| B.C.Petro Chem | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd has a workforce of 42 employees as of Oct 09, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Girnar Corrugators Pvt Ltd
Girnar Corrugators Pvt Ltd has 15 board changes on record since 1993: 7 appointments and 8 cessations. The latest: Amit Jain ceased to be Director on 29 Sep 2018.
30 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Girnar Corrugators Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Girnar Corrugators Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Girnar Corrugators Pvt Ltd
Girnar Corrugators has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACG6285C1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Girnar Corrugators Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Girnar Corrugators Pvt Ltd
Girnar Corrugators is an active private limited company based in Indore, Madhya Pradesh, India. The company works in paper, within the packaging industry. It was incorporated on 03 December 1993 (33+ years old) and is registered under CIN U25202MP1993PTC007986.
Girnar Corrugators reported revenue of ₹17.73 Cr for FY 2024 (up 17% YoY).
Girnar Corrugators has 7 current directors:
- Amit Jain - Whole-Time Director
- Akshat Jain - Whole-Time Director
- Vineet Jain - Whole-Time Director
- Vimla Ashokkumar Jain - Director
- Ritu Jain - Director
- Neeraj Jain - Director
- Sheel Kumar Jain - Director
Girnar Corrugators reported a net loss of ₹1.31 Cr (net margin -7.4%) and EBITDA of -₹35.06 Lakh (EBITDA margin -2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Girnar Corrugators is 8% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Girnar Corrugators is 23AAACG6285C1ZX, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Girnar Corrugators is U25202MP1993PTC007986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Girnar Corrugators has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Girnar Corrugators was incorporated on 03 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Girnar Corrugators by revenue are Umang Pack-Craft Private Limited, Lohia Jute Press Pvt Ltd, Naveen Graphics Private Limited, R C Corru Pack Private Limited, Subh-Drishti Lamipack Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Amit Jain ceased to be Director on 29 Sep 2018. Akshat Jain ceased to be Whole-Time Director on 28 Sep 2018. Amit Jain was appointed as Whole-Time Director on 03 Sep 2018. Girnar Corrugators has 15 board changes on record in total.
Girnar Corrugators has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.