MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0008574
Grip Tight Shrink Films Private Limited - manufacturing in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.46 Cr
▲ 33% YoY
Net loss · FY 2025
₹72.62 Lakh
Net margin -11.2%
EBITDA · FY 2025
-₹23.34 Lakh
EBITDA margin -3.6%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹14.02 Cr
Satisfied ₹3.51 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
6
Provident fund records
About Grip Tight Shrink Films Private Limited
Data last updated:
Grip Tight Shrink Films Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 02 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U25209MH2011PTC216914. Its GSTIN is 27AAECG2419G1ZT (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹65 Lakh. It is led by directors Arun Baburao Amidwar and Varsha Shivshankar Sharma.
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 Plot No. F – 9/19(2) M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.46 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹72.62 Lakh (net margin -11.2%) and EBITDA of -₹23.34 Lakh (EBITDA margin -3.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14.02 Cr and satisfied charges of ₹3.51 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it.
Grip Tight Shrink Films Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0008574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ricopackaging.com.
Company details
CIN U25209MH2011PTC216914
Registration Number 216914
Incorporation Date 02 May 2011
ROC Nagpur
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 Micro
Udyam Registration UDYAM-MH-20-0008574
Recognitions & Rankings of Grip Tight Shrink Films
Contact details
Grip Tight Shrink Films Private Limited's registered office is in Nagpur, Maharashtra. Its website is ricopackaging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. F – 9/19(2) M.I.D.C. Industrial Area Hingna, Nagpur, Maharashtra, India – 440016
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Grip Tight Shrink Films Private Limited, buy the company report.
Comprehensive company report
Grip Tight Shrink Films 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
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Business activity
The main business activity of Grip Tight Shrink Films is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Grip Tight Shrink Films Private Limited, buy the company report.
Financials of Grip Tight Shrink Films Private Limited
FY 2025 filings availableGrip Tight Shrink Films Private Limited reported revenue of ₹6.46 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹6.46 Cr ▲ 33%
Net loss · FY 2025
₹72.62 Lakh margin -11.2%
EBITDA · FY 2025
-₹23.34 Lakh margin -3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 128%
5 years · compounded
▼ 18%
Revenue rose 33% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹23.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹72.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | -3.6% | ||||
| Net Profit Margin | -11.2% | ||||
| 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 | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Grip Tight Shrink Films Private Limited, buy the company report.
Board of directors of Grip Tight Shrink Films Private Limited
Grip Tight Shrink Films has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Baburao Amidwar | Director | 02 May 2011 | 15 Years 5 Months | Current |
| Varsha Shivshankar Sharma | Director | 04 Feb 2026 | 0 Years 8 Months | Current |
Peer comparison
Grip Tight Shrink Films Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aspire Polypack Private Limited | ₹6.5 Cr (FY 2025) | 505.0% | Pune, Maharashtra, India | |||
| Aluva Plastic Consortium Private Limited | ₹6.49 Cr (FY 2025) | 0.0% | Kunnathunad, Kerala, India | |||
| Resonant Plast Private Limited | ₹6.46 Cr (FY 2025) | 11.0% | Nashik, Maharashtra, India | |||
| Grip Tight Shrink Films Private Limitedthis company | ₹6.46 Cr (FY 2025) | -₹72.62 Lakh | -11.2% | 33.0% | Nagpur, Maharashtra, India | |
| Shashi Fluoroplastiks Private Limited | ₹6.44 Cr (FY 2025) | 6526.0% | Vasai, Maharashtra, India | |||
| Meera Poly Containers (India) Private Limited | ₹6.43 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Sunbird Seals and Plastics Pvt Ltd | ₹6.42 Cr (FY 2024) | 11.0% | Mumbai, Maharashtra, India | |||
| MD Plastech Private Limited | ₹6.41 Cr (FY 2025) | -16.0% | Rudrapur, Uttarakhand, India |
To see the full peer comparison of Grip Tight Shrink Films Private Limited, buy the company report.
Auditor
Grip Tight Shrink Films Private Limited is audited by S S R P N & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R P N & CO | FY 2021 | 118245W |
Shareholding
The shareholding of Grip Tight Shrink Films Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grip Tight Shrink Films Private Limited, buy the company report.
Charges & borrowings
Open charges
₹14.02 Cr
Satisfied charges
₹3.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2013 | 10459333 | Shikshak Sahakari Bank Limited | ₹4.99 Cr | Open | |
| 02 Jul 2013 | 10468046 | Shikshak Sahakari Bank Ltd. | ₹6.29 Cr | Open | |
| 06 Mar 2012 | 10342813 | Axis Bank Limited | ₹75 Lakh | Open | |
| 29 Jun 2011 | 10296700 | Axis Bank Limited | ₹2 Cr | Open | |
| 30 Oct 2012 | 10389425 | Kotak Mahindra Bank Limited | ₹3.51 Cr | Satisfied |
To see the full charge records of Grip Tight Shrink Films Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Grip Tight Shrink Films Private Limited has 8 court cases on record: 1 filed by Grip Tight Shrink Films, 7 filed against it. All cases are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 7 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Cheque dishonour complaint | Filed against the company by M/S. Shree Ultra Inks Private Limited Rep. by G. Shyam Sunder | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by S.V. Plastochem Pvt.Ltd | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against R.S.Polyfilms Pvt.Ltd. and 2 others | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Goel Organo Enterprises | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by an individual | Disposed |
To see the full case history of Grip Tight Shrink Films 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 Grip Tight Shrink Films Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grip Tight Shrink Films has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG2419G1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grip Tight Shrink Films Private Limited, buy the company report.
Recent activity
Grip Tight Shrink Films Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Varsha Shivshankar Sharma was appointed as Director on 04 Feb 2026.
Appointed
Varsha Shivshankar Sharma was appointed as Director.
AGM
Grip Tight Shrink Films Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grip Tight Shrink Films Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with Shikshak Sahakari Bank Ltd. of Rs. 6.29 Cr registered on 02 Jul 2013 with Charge ID 10468046 was modified on 20 Mar 2015.
Charges
A charge with Shikshak Sahakari Bank Limited amounted to Rs. 4.99 Cr with Charge ID 10459333 was registered on 24 Oct 2013.
Charges
A charge registered on 30 Oct 2012 via Charge ID 10389425 with Kotak Mahindra Bank Limited was fully satisfied on 17 Jul 2013.
Charges
A charge with Shikshak Sahakari Bank Ltd. amounted to Rs. 6.29 Cr with Charge ID 10468046 was registered on 02 Jul 2013.
Charges
A charge with Kotak Mahindra Bank Limited of Rs. 3.51 Cr registered on 30 Oct 2012 with Charge ID 10389425 was modified on 05 Dec 2012.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 3.51 Cr with Charge ID 10389425 was registered on 30 Oct 2012.
Charges
A charge with Axis Bank Limited of Rs. 2.00 Cr registered on 29 Jun 2011 with Charge ID 10296700 was modified on 13 Apr 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 10342813 was registered on 06 Mar 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10296700 was registered on 29 Jun 2011.
3 earlier events are in the company report.
Frequently asked questions
Grip Tight Shrink Films is an active private limited company based in Nagpur, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 02 May 2011 (15+ years old) and is registered under CIN U25209MH2011PTC216914.
Grip Tight Shrink Films has 2 current directors:
- Arun Baburao Amidwar - Director
- Varsha Shivshankar Sharma - Director
The latest financial statements of Grip Tight Shrink Films 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 Grip Tight Shrink Films is 27AAECG2419G1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grip Tight Shrink Films is U25209MH2011PTC216914. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Tight Shrink Films has 8 court cases on record: 1 filed by the company and 7 filed against it.
Grip Tight Shrink Films was incorporated on 02 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Grip Tight Shrink Films by revenue are Aspire Polypack Private Limited, Aluva Plastic Consortium Private Limited, Resonant Plast Private Limited, Shashi Fluoroplastiks Private Limited, Meera Poly Containers (India) Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Varsha Shivshankar Sharma was appointed as Director on 04 Feb 2026. Arun Baburao Amidwar was appointed as Director on 02 May 2011. Ritesh Arun Amidwar was appointed as Director on 02 May 2011.
Yes, Grip Tight Shrink Films is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0008574).
Grip Tight Shrink Films can be reached through the website ricopackaging.com. Its registered office is in Nagpur, Maharashtra, India.
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