MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0004826
Hipack Systems Private Limited
Hipack Systems Private Limited - packaging in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.53 Cr
▼ 8% YoY
Net profit · FY 2024
₹4.2 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹33.41 Lakh
EBITDA margin 3.9%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹40.71 Lakh
Issued & subscribed
Open charges
₹10.53 Cr
Satisfied ₹3.39 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
10
Provident fund records
About Hipack Systems Private Limited
Data last updated:
Hipack Systems Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 09 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28992WB1999PTC089806. Its GSTIN is 19AAACH9478E1Z8 (West Bengal).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40.71 Lakh. It is led by directors Vandana Devi (Whole-Time Director) and Harsh Sovasaria (Whole-Time Director).
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 28 Kabir Road Ground Floor, Kolkata, West Bengal, India – 700026.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.53 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.2 Lakh (net margin 0.5%) and EBITDA of ₹33.41 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.53 Cr and satisfied charges of ₹3.39 Cr on record.
Hipack Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0004826). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U28992WB1999PTC089806
Registration Number 089806
Incorporation Date 09 July 1999
ROC Kolkata
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-WB-10-0004826
Recognitions & Rankings of Hipack Systems
Contact details
Hipack Systems Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28 Kabir Road Ground Floor, Kolkata, West Bengal, India – 700026
- IndustryPackaging, Packaging Films & Foils, Woven Packaging Products
To see the full contact details of Hipack Systems Private Limited, buy the company report.
Comprehensive company report
Hipack Systems 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 activities of Hipack Systems are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hipack Systems Private Limited, buy the company report.
Financials of Hipack Systems Private Limited
FY 2025 filings availableHipack Systems Private Limited reported revenue of ₹8.53 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹8.53 Cr ▼ 8%
Net profit · FY 2024
₹4.2 Lakh margin 0.5%
EBITDA · FY 2024
₹33.41 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 7%
5 years · compounded
▲ 8%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹33.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.2 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hipack Systems Private Limited, buy the company report.
Board of directors of Hipack Systems Private Limited
Hipack Systems has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vandana Devi Also directs: Hanu Tech Solar Private Limited | Whole-Time Director | 19 Jul 1999 | 27 Years 3 Months | Current |
| Harsh Sovasaria Also directs: Ethos Overseas Private Limited | Whole-Time Director | 01 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Hipack Systems Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| Maxsun Polymers Private Limited | ₹8.64 Cr (FY 2025) | 15.0% | Jetpur, Gujarat, India | |||
| Airborne Technologies Private Limited | ₹8.53 Cr (FY 2022) | -86.0% | Kolkata, West Bengal, India | |||
| Kiana Decor India Private Limited | ₹8.53 Cr (FY 2024) | -1.0% | Delhi, India | |||
| Hipack Systems Private Limitedthis company | ₹8.53 Cr (FY 2024) | ₹4.2 Lakh | 0.5% | -8.0% | 10 | Kolkata, West Bengal, India |
| Sumaya Polyplast Private Limited | ₹8.52 Cr (FY 2024) | 42.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Hipack Systems Private Limited, buy the company report.
Auditor
Hipack Systems Private Limited is audited by P K MUNDRA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K MUNDRA & CO. | FY 2023 | 322078E |
Shareholding
The shareholding of Hipack Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hipack Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.53 Cr
Satisfied charges
₹3.39 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2022 | 100610163 | Others | ₹4.69 Cr | Open | |
| 03 Sep 2022 | 100615619 | Others | ₹1.29 Cr | Open | |
| 06 Apr 2015 | 10559946 | Hdfc Bank Limited | ₹2.05 Cr | Open | |
| 22 Jan 2013 | 10399896 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 03 Sep 2022 | 100610162 | Others | ₹29.85 Lakh | Satisfied |
To see the full charge records of Hipack Systems Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Hipack Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hipack Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Hipack Systems Private Limited has a workforce of 10 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
25%
GST
Hipack Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH9478E1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hipack Systems Private Limited, buy the company report.
Recent activity
Hipack Systems Private Limited has 6 board changes on record since 1999: 2 appointments and 4 cessations. The latest: Manish Saraf ceased to be Director on 23 Jan 2024.
Charges
A charge registered on 03 Sep 2022 via Charge ID 100610162 with Others was fully satisfied on 01 Nov 2025.
Charges
A charge registered on 03 Sep 2022 via Charge ID 100615620 with Others was fully satisfied on 01 Nov 2025.
AGM
Hipack Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hipack Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others of Rs. 468.91 Lakh registered on 03 Sep 2022 with Charge ID 100610163 was modified on 17 Sep 2024.
Ceased
Manish Saraf ceased to be Director.
Appointed
Harsh Sovasaria was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 128.80 Lakh with Charge ID 100615619 was registered on 03 Sep 2022.
Charges
A charge with Others amounted to Rs. 29.85 Lakh with Charge ID 100610162 was registered on 03 Sep 2022.
Charges
A charge with Others amounted to Rs. 20.90 Lakh with Charge ID 100615620 was registered on 03 Sep 2022.
Charges
A charge with Others amounted to Rs. 468.91 Lakh with Charge ID 100610163 was registered on 03 Sep 2022.
Charges
A charge registered on 10 Feb 2011 via Charge ID 10270259 with Hdfc Bank Limited was fully satisfied on 12 Aug 2022.
13 earlier events are in the company report.
Frequently asked questions
Hipack Systems is an active private limited company based in Kolkata, West Bengal, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 09 July 1999 (27+ years old) and is registered under CIN U28992WB1999PTC089806.
Hipack Systems has 2 current directors:
- Vandana Devi - Whole-Time Director
- Harsh Sovasaria - Whole-Time Director
The latest financial statements of Hipack Systems 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 Hipack Systems is 19AAACH9478E1Z8, registered in West Bengal.
The CIN (Corporate Identification Number) of Hipack Systems is U28992WB1999PTC089806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hipack Systems was incorporated on 09 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Hipack Systems by revenue are Maxsun Polymers Private Limited, Airborne Technologies Private Limited, Kiana Decor India Private Limited, Sumaya Polyplast Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manish Saraf ceased to be Director on 23 Jan 2024. Harsh Sovasaria was appointed as Whole-Time Director on 01 Jan 2024. Vandana Devi ceased to be Director on 01 Jan 2022. Hipack Systems has 6 board changes on record in total.
Yes, Hipack Systems is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0004826).
The registered office of Hipack Systems is at 28 Kabir Road Ground Floor, Kolkata, West Bengal, India – 700026.
Hipack Systems operates in the packaging industry, in the packaging films and foils segment.