MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0024026
Goodwill Foamtech Private Limited - packaging in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.92 Cr
▲ 7% YoY
Net profit · FY 2025
₹24.88 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹1.27 Cr
EBITDA margin 6.1%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.13 Cr
Issued & subscribed
Open charges
₹8.52 Cr
Satisfied ₹11.73 Cr
Company age
16 yrs
Est. 2010
Directors on board
5
As per MCA filings
About Goodwill Foamtech Private Limited
Data last updated:
Goodwill Foamtech Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 23 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U22201PB2010PTC034115. Its GSTIN is 03AADCG8854E1ZP (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.13 Cr. It is led by directors including Ankush Garg and Amit Garg.
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 Vpo – Lakhowal Ludhiana, Punjab, India – 141112.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.92 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹24.88 Lakh (net margin 1.2%) and EBITDA of ₹1.27 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹8.52 Cr and satisfied charges of ₹11.73 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending.
Goodwill Foamtech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0024026). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website goodwillfoams.business.site.
Company details
CIN U22201PB2010PTC034115
Registration Number 034115
Incorporation Date 23 July 2010
ROC Chandigarh
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 Small
Udyam Registration UDYAM-PB-12-0024026
CIN history
Goodwill Foamtech has one previous CIN (Corporate Identification Number): U27100PB2010PTC034115. The current CIN is U22201PB2010PTC034115, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22201PB2010PTC034115 | Current |
| U27100PB2010PTC034115 | Previous |
Recognitions & Rankings of Goodwill Foamtech
Contact details
Goodwill Foamtech Private Limited's registered office is in Ludhiana, Punjab.
- Registered AddressVpo – Lakhowal Ludhiana, Punjab, India – 141112
- IndustryPackaging, Industrial Packaging Solutions
Comprehensive company report
Goodwill Foamtech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Goodwill Foamtech is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Goodwill Foamtech Private Limited, buy the company report.
Financials of Goodwill Foamtech Private Limited
FY 2025 filings availableGoodwill Foamtech Private Limited reported revenue of ₹20.92 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹20.92 Cr ▲ 7%
Net profit · FY 2025
₹24.88 Lakh margin 1.2%
EBITDA · FY 2025
₹1.27 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 4%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 16%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA rose 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.27 Cr | ||||
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| Net Profit (PAT) | ₹24.88 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Goodwill Foamtech Private Limited, buy the company report.
Board of directors of Goodwill Foamtech Private Limited
Goodwill Foamtech has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Garg | Director | 23 Jul 2010 | 16 Years 3 Months | Current |
| Amit Garg | Director | 23 Jul 2010 | 16 Years 3 Months | Current |
| Rajesh Kumar Bhandari Also directs: Worldwide Industries Limited, M M Colorchem Private Limited | Director | 28 Jan 2013 | 13 Years 8 Months | Current |
| Megh Raj Goyal | Director | 23 Jul 2010 | 16 Years 3 Months | Current |
| Anil Goyal | Director | 23 Jul 2010 | 16 Years 3 Months | Current |
Charges & borrowings
Open charges
₹8.52 Cr
Satisfied charges
₹11.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2022 | 100570371 | Hdfc Bank Limited | ₹8.52 Cr | Open | |
| 26 Jul 2021 | 100468704 | Others | ₹3.25 Cr | Satisfied | |
| 30 Mar 2021 | 100439442 | Others | ₹1.04 Cr | Satisfied | |
| 20 Mar 2017 | 100091849 | Others | ₹2.69 Cr | Satisfied | |
| 03 Sep 2013 | 10447189 | State Bank of Patiala | ₹4.75 Cr | Satisfied |
To see the full charge records of Goodwill Foamtech Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Goodwill Foamtech Private Limited has 5 court cases on record: 4 filed by Goodwill Foamtech, 1 filed against it. 2 cases are pending and 3 are disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Civil suit | Filed against the company by M/S Goel Steel Industries | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Goel Steel Industries | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Mahadev Enterprises | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S T.G. Furnishers | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Amit Foam Traders | Disposed |
To see the full case history of Goodwill Foamtech 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 Goodwill Foamtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goodwill Foamtech has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCG8854E1ZP | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodwill Foamtech Private Limited, buy the company report.
Recent activity
Goodwill Foamtech Private Limited has 7 board changes on record since 2010: 5 appointments and 2 cessations. The latest: Rajesh Kumar Bhandari was appointed as Director on 28 Jan 2013.
AGM
Goodwill Foamtech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Goodwill Foamtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 8.52 Cr registered on 04 Mar 2022 with Charge ID 100570371 was modified on 23 Aug 2023.
Charges
A charge registered on 26 Jul 2021 via Charge ID 100468704 with Others was fully satisfied on 15 Jul 2022.
Charges
A charge registered on 30 Mar 2021 via Charge ID 100439442 with Others was fully satisfied on 15 Jul 2022.
Charges
A charge registered on 20 Mar 2017 via Charge ID 100091849 with Others was fully satisfied on 15 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.52 Cr with Charge ID 100570371 was registered on 04 Mar 2022.
Charges
A charge with Others amounted to Rs. 3.25 Cr with Charge ID 100468704 was registered on 26 Jul 2021.
Charges
A charge with Others amounted to Rs. 1.04 Cr with Charge ID 100439442 was registered on 30 Mar 2021.
Charges
A charge with Others of Rs. 2.69 Cr registered on 20 Mar 2017 with Charge ID 100091849 was modified on 01 Oct 2020.
Charges
A charge registered on 03 Sep 2013 via Charge ID 10447189 with State Bank Of Patiala was fully satisfied on 03 Mar 2018.
Charges
A charge with Others amounted to Rs. 2.69 Cr with Charge ID 100091849 was registered on 20 Mar 2017.
9 earlier events are in the company report.
Frequently asked questions
Goodwill Foamtech is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 23 July 2010 (16+ years old) and is registered under CIN U22201PB2010PTC034115.
Goodwill Foamtech has 5 current directors:
- Ankush Garg - Director
- Amit Garg - Director
- Rajesh Kumar Bhandari - Director
- Megh Raj Goyal - Director
- Anil Goyal - Director
The latest financial statements of Goodwill Foamtech 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 Goodwill Foamtech is 03AADCG8854E1ZP, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Goodwill Foamtech is U22201PB2010PTC034115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodwill Foamtech has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending.
Goodwill Foamtech was incorporated on 23 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rajesh Kumar Bhandari was appointed as Director on 28 Jan 2013. Rajinder Kumar Garg ceased to be Director on 28 Jan 2013. Sunita Rani ceased to be Director on 28 Jan 2013. Goodwill Foamtech has 7 board changes on record in total.
Yes, Goodwill Foamtech is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0024026).
Goodwill Foamtech can be reached through the website goodwillfoams.business.site. Its registered office is in Ludhiana, Punjab, India.