HGR Packaging Solutions Private Limited
About HGR Packaging Solutions Private Limited
Data last updated:
HGR Packaging Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 02 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085724. Its GSTIN is 29AADCH7969P1ZH (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Harish Prameswaran Ayappankav and Ayappankav Parameswaran Venkateswaran.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 103 Saideep 11th A Cross 2nd Main Road A Sector Yelhanka New Town, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.44 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹31.18 Lakh (net margin 1.5%) and EBITDA of ₹59.52 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹1.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo. 103 Saideep 11th A Cross 2nd Main Road A Sector Yelhanka New Town, Bangalore, Karnataka, India – 560064
- IndustryManufacturing, Plastic-Based Products
- 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 HGR Packaging Solutions Private Limited
The main business activity of HGR Packaging Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 HGR Packaging Solutions Private Limited FY 2025 filings available
HGR Packaging Solutions Private Limited reported revenue of ₹20.44 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of HGR Packaging Solutions Private Limited
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 5% 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 HGR Packaging Solutions Private Limited
| 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 | ₹59.52 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.18 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of HGR Packaging Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 HGR Packaging Solutions are in the company report.
Financial statements from FY 2016
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.
Auditor Details of HGR Packaging Solutions Private Limited
HGR Packaging Solutions Private Limited is audited by NANJUNDA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NANJUNDA & 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 HGR Packaging Solutions Private Limited
HGR Packaging Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harish Prameswaran Ayappankav Also directs: Bidadi Metal Finishers Private Limited | Director | 02 Feb 2016 | 10 Years 8 Months | Current |
| Ayappankav Parameswaran Venkateswaran Also directs: Bidadi Metal Finishers Private Limited | Director | 25 Oct 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of HGR Packaging Solutions Private Limited
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 HGR Packaging Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2025 | Hdfc Bank Limited | ₹1.15 Cr | Open |
| 31 Aug 2023 | Hdfc Bank Limited | ₹18 Lakh | Open |
| 29 Nov 2021 | Hdfc Bank Limited | ₹15.8 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at HGR Packaging Solutions Private Limited
Employment history and EPFO contributions of people linked to HGR Packaging Solutions.
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 HGR Packaging Solutions Private Limited
HGR Packaging Solutions Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ayappankav Parameswaran Venkateswaran ceased to be Additional Director on 31 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for HGR Packaging Solutions Private Limited
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.
MSME Payment Delays by HGR Packaging Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of HGR Packaging Solutions Private Limited
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 HGR Packaging Solutions Private Limited
HGR Packaging Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH7969P1ZH | Karnataka | Active | 05 Dec 2018 |
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 HGR Packaging Solutions Private Limited
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 HGR Packaging Solutions Private Limited
HGR Packaging Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 02 February 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085724.
HGR Packaging Solutions reported revenue of ₹20.44 Cr for FY 2025 (down 14% YoY).
HGR Packaging Solutions has 2 current directors:
- Harish Prameswaran Ayappankav - Director
- Ayappankav Parameswaran Venkateswaran - Director
HGR Packaging Solutions reported a net profit of ₹31.18 Lakh (net margin 1.5%) and EBITDA of ₹59.52 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HGR Packaging Solutions is 2% over three years and 14% over five years. In the latest year (FY 2025) revenue fell 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of HGR Packaging Solutions is 29AADCH7969P1ZH, registered in Karnataka. 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 HGR Packaging Solutions is U74900KA2016PTC085724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HGR Packaging Solutions was incorporated on 02 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ayappankav Parameswaran Venkateswaran ceased to be Additional Director on 31 Dec 2020. Ganesh Raja Ragava Raja ceased to be Director on 30 Oct 2019. Ayappankav Parameswaran Venkateswaran was appointed as Director on 25 Oct 2019. HGR Packaging Solutions has 4 board changes on record in total.
Yes, HGR Packaging Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).