About Gujarat Foils Limited
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Gujarat Foils Limited is a public limited company based in Kalol, Gujarat, India, a subsidiary of Ofb Tech Private Limited. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 16 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ1992PLC018570. Its GSTIN is 24AAACG8002D1ZA (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Lokesh Garg and Deepak Yadav.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3436 – 3446 Phase – IV GIDC, Kalol, Gujarat, India – 382729.
As per the financials filed for FY 2025, the company reported a revenue of ₹251.45 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.06 Cr (net margin 1.2%) and EBITDA of ₹3.99 Cr (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company has about 126 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gujarat Foils. As per MCA filings, the company has open charges of ₹105 Cr and satisfied charges of ₹876.15 Cr on record. Court records list 54 cases involving the company, including 21 filed by the company and 33 filed against it; 8 cases are pending. The company has 34 deals on record (34 market trades); the latest was in June 2017. The company has 3 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 39 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujaratfoils.com.
Company details
CIN history
Gujarat Foils has one previous CIN (Corporate Identification Number): L28999GJ1992PLC018570. The current CIN is U28999GJ1992PLC018570, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28999GJ1992PLC018570 | Current |
| L28999GJ1992PLC018570 | Previous |
Contact details
Gujarat Foils Limited's registered office is in Kalol, Gujarat.
- Registered Address3436 – 3446 Phase – IV GIDC, Kalol, Gujarat, India – 382729
- IndustryPackaging, Packaging Films & Foils
- 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
Brands
Gujarat Foils operates one associated brand: Gujarat Foils. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Thin gauge sheets and coils are manufactured for industrial use. | gujaratfoils.com |
Business activity
The main business activity of Gujarat Foils is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Gujarat Foils Limited, buy the company report.
Financials of Gujarat Foils Limited
FY 2025 filings availableGujarat Foils Limited reported revenue of ₹251.45 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 17% growth in the latest year. EBITDA rose 89% 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 | ₹3.99 Cr | ||||
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| Net Profit (PAT) | ₹3.06 Cr | ||||
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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 | 1.6% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Gujarat Foils Limited, buy the company report.
Board of directors of Gujarat Foils Limited
Gujarat Foils has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lokesh Garg | Director | 21 Aug 2023 | 3 Years 2 Months | Current |
| Deepak Yadav | Director | 21 Aug 2023 | 3 Years 2 Months | Current |
| Vikram Singh Also directs: Accordd Organics Private Limited, Omat West Limited, Omat Business Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2025 | 101125891 | Others | ₹105 Cr | Open | |
| 19 Sep 2015 | 10596715 | Union Bank of India | ₹10 Cr | Satisfied | |
| 14 Aug 2015 | 10592474 | State Bank of India | ₹29 Cr | Satisfied | |
| 02 Mar 2015 | 10558541 | Idbi Trusteeship Services Limited | ₹283.6 Cr | Satisfied | |
| 14 Feb 2015 | 10550419 | Union Bank of India | ₹30 Cr | Satisfied |
To see the full charge records of Gujarat Foils Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Gujarat Foils Limited has 34 deals on record (34 market trades); the latest was in June 2017.
Deals on record (5 of 34)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Market trade | ₹5.2 Lakh | Seller: Avs Equinvest LLP |
| Nov 2016 | Market trade | ₹13.5 Lakh | Seller: Master Portfolio Services Limited |
| Mar 2015 | Market trade | ₹37.5 Lakh | Buyer: an individual Seller: Kedar Borgaonkar Securities Private Limited |
| Aug 2014 | Market trade | ₹84 Lakh | Buyer: Shree Naman Securities & Finance Private Limited Seller: Shree Naman Securities & Finance Private Limited , an individual |
| Jun 2014 | Market trade | ₹32.3 Lakh | Buyer: Kedar Borgaonkar Securities Private Limited Seller: an individual |
To see the full deal history of Gujarat Foils Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gujarat Foils Limited has 54 court cases on record: 21 filed by Gujarat Foils, 33 filed against it. 8 cases are pending and 46 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 17 | 1 |
| High courts | 19 | 12 | 2 |
| NCLT | 8 | 4 | 5 |
Cases on record (5 of 54)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Uttar Gujarat Vij Company Limited and 1 other | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Ofb Tech Private Limited | Disposed |
| District court, GANDHINAGAR, Gujarat | Commercial matter | Filed by the company against Unity Flexi Pack (India) Private Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Ofb Tech Pvt. Ltd. & Ors and 8 others | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed by the company against Swastik Flexipack Pvt Ltd | Disposed |
To see the full case history of Gujarat Foils 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
Gujarat Foils Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 39 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 (5 of 39)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A-1 Gravures | |||
| an individual supplier | |||
| Ronak Industries |
To see the full MSME payment records of Gujarat Foils Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Gujarat Foils has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG8002D1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Foils Limited, buy the company report.
Recent activity
Gujarat Foils Limited has 31 board changes on record since 2008: 3 appointments and 28 cessations. The latest: Deepak Yadav ceased to be Additional Director on 01 Sep 2023.
88 earlier events are in the company report.
Frequently asked questions
Gujarat Foils is an active public limited company based in Kalol, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 16 November 1992 (34+ years old) and is registered under CIN U28999GJ1992PLC018570.
Gujarat Foils has 3 current directors:
- Lokesh Garg - Director
- Deepak Yadav - Director
- Vikram Singh - Director
The latest financial statements of Gujarat Foils on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gujarat Foils is 24AAACG8002D1ZA, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Gujarat Foils is U28999GJ1992PLC018570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Foils has 54 court cases on record: 21 filed by the company and 33 filed against it. 8 are pending. Most are in the district courts.
Gujarat Foils was incorporated on 16 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gujarat Foils has 34 deals on record (34 market trades); the latest was in June 2017.
Deepak Yadav ceased to be Additional Director on 01 Sep 2023. Lokesh Garg ceased to be Additional Director on 01 Sep 2023. Vikram Singh ceased to be CFO on 29 Aug 2023. Gujarat Foils has 31 board changes on record in total.
Gujarat Foils has 3 MSME Form 1 returns on record between 2019 and 2024, listing 91 overdue payments to 39 micro and small suppliers. The latest return was filed on 22 Jun 2024.
Gujarat Foils can be reached through the website gujaratfoils.com. Its registered office is in Kalol, Gujarat, India.
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