MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0000069
Holoflex Limited - packaging in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.64 Cr
▲ 19% YoY
Net profit · FY 2024
₹1.91 Cr
Net margin 3.3%
EBITDA · FY 2024
₹7.01 Cr
EBITDA margin 12.2%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹49.52 Cr
Satisfied ₹89.6 Lakh
Company age
35 yrs
Est. 1991
Employees · EPFO
109
Provident fund records
About Holoflex Limited
Data last updated:
Holoflex Limited is a public 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 31 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U24134WB1991PLC051895. Its GSTIN is 19AAACH8066L1Z3 (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Pancham Kumar Surana (Whole-Time Director) and Manoj Kochar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Cn 2/1 Sector V, Kolkata, West Bengal, India – 700091.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.64 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 3.3%) and EBITDA of ₹7.01 Cr (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Holoflex. As per MCA filings, the company has open charges of ₹49.52 Cr and satisfied charges of ₹89.6 Lakh on record. Court records list 26 cases involving the company, including 26 filed by the company; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2016. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 99 overdue payments to 3 micro and small suppliers.
Holoflex Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0000069). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website holoflex.com.
Company details
CIN U24134WB1991PLC051895
Registration Number 051895
Incorporation Date 31 May 1991
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-10-0000069
CIN history
Holoflex has one previous CIN (Corporate Identification Number): U24134WB1991PTC051895. The current CIN is U24134WB1991PLC051895, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24134WB1991PLC051895 | Current |
| U24134WB1991PTC051895 | Previous |
Key People
Pancham Kumar Surana Whole-Time Director Manoj Kochar Whole-Time Director Ajit Kumar Surana Whole-Time Director Recognitions & Rankings of Holoflex
Contact details
Holoflex Limited's registered office is in Kolkata, West Bengal. Its website is holoflex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressCn 2/1 Sector V, Kolkata, West Bengal, India – 700091
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Holoflex Limited, buy the company report.
Comprehensive company report
Holoflex 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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Brands
Holoflex operates one associated brand: Holoflex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of authentication, labeling, and AIDC solutions for brand protection in multiple industries. | holoflex.com |
Business activity
The main business activity of Holoflex is manufacturing. In detail, this covers printing, reproduction of recorded media.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media |
To see the full business activity and turnover split of Holoflex Limited, buy the company report.
Financials of Holoflex Limited
FY 2024 filings availableHoloflex Limited reported revenue of ₹57.64 Cr (up 19% YoY) for FY 2024.
Revenue · FY 2024
₹57.64 Cr ▲ 19%
Net profit · FY 2024
₹1.91 Cr margin 3.3%
EBITDA · FY 2024
₹7.01 Cr margin 12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 21%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 2%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 19% growth in the latest year. EBITDA rose 7% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.91 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Holoflex Limited, buy the company report.
Board of directors of Holoflex Limited
Holoflex has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pancham Kumar Surana Also directs: Jet Plywood Private Limited, Sukhsagar Dealers Private Limited, Maa Durga Dealcom Private Limited and 4 more | Whole-Time Director | 18 Aug 2000 | 26 Years 2 Months | Current |
| Manoj Kochar Also directs: Agora Brands Private Limited | Whole-Time Director | 31 May 1991 | 35 Years 4 Months | Current |
| Ajit Kumar Surana | Whole-Time Director | 01 Oct 2008 | 18 Years 0 Months | Current |
| Rahul Surana | Whole-Time Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Holoflex Limited is audited by BARKHA & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BARKHA & ASSOCIATES | FY 2024 | 327573E |
Shareholding
The shareholding of Holoflex Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Holoflex Limited, buy the company report.
Charges & borrowings
Open charges
₹49.52 Cr
Satisfied charges
₹89.6 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2025 | 101140583 | Others | ₹24 Lakh | Open | |
| 24 Jun 2025 | 101119994 | Others | ₹9.89 Lakh | Open | |
| 24 Jun 2025 | 101119991 | Others | ₹10.89 Lakh | Open | |
| 18 Feb 2025 | 101058196 | Others | ₹31.25 Lakh | Open | |
| 30 Sep 2024 | 101005272 | Others | ₹1.5 Cr | Open |
To see the full charge records of Holoflex Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Holoflex Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2016.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Secondary share transfer | Undisclosed | Buyer: Ajit Kumar Surana Huf, Jai Kumar Surana Huf, Daulat Singh Surana Huf Seller: Ajit Kumar Surana Huf, 3 individuals |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Manoj Kochar Huf, Ajit Kumar Surana Huf, Sandeep Kumar Surana Huf, an individual Seller: 4 individuals |
| Mar 2009 | Funding round | ₹50 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Holoflex Limited has 26 court cases on record: 26 filed by Holoflex. 2 cases are pending and 24 are disposed.
Total cases
26
Filed by the company
26
Pending
2
Disposed
24
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Montage Enterprises Pvt. Ltd. and 2 others | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against M/S Montage Enterprises Pvt Ltd New Delhi and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Everest Holovisions Ltd., and 7 others | Disposed |
| High Court, TAMIL NADU | Court case (WAMP) | Filed by the company against M/S.Everest Holovisions Ltd., and 28 others | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Pending |
To see the full case history of Holoflex 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.
Credit ratings & regulatory alerts
Holoflex Limited was last rated by Crisil on 18 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Mar 2021 |
To see the full credit ratings and regulatory alerts of Holoflex Limited, buy the company report.
MSME payment delays
Holoflex Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 99 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Capri Coating Solutions | |||
| an individual supplier | |||
| Alco Info Tech Private Limited |
To see the full MSME payment records of Holoflex Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Holoflex Limited has a workforce of 109 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
109
Active EPFO establishments
1
Employee growth
10.1%
GST
Holoflex has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACH8066L1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Holoflex Limited, buy the company report.
Recent activity
Holoflex Limited has 10 board changes on record since 1991: 4 appointments and 6 cessations. The latest: Rahul Surana ceased to be Director on 08 Nov 2019.
Charges
A charge with Others of Rs. 31.36 Cr registered on 24 May 2002 with Charge ID 90256075 was modified on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 101140583 was registered on 01 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 101119994 was registered on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 101119991 was registered on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 0.31 Cr with Charge ID 101058196 was registered on 18 Feb 2025.
AGM
Holoflex Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 101005272 was registered on 30 Sep 2024.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100385931 with Others was fully satisfied on 30 Aug 2024.
Charges
A charge registered on 17 Oct 2017 via Charge ID 100135606 with Others was fully satisfied on 30 Aug 2024.
Charges
A charge registered on 16 Oct 2017 via Charge ID 100135655 with Others was fully satisfied on 30 Aug 2024.
Filing
Holoflex Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100663639 was registered on 27 Dec 2022.
24 earlier events are in the company report.
Frequently asked questions
Holoflex is an active public limited company based in Kolkata, West Bengal, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 31 May 1991 (35+ years old) and is registered under CIN U24134WB1991PLC051895.
Holoflex has 4 current directors:
- Pancham Kumar Surana - Whole-Time Director
- Manoj Kochar - Whole-Time Director
- Ajit Kumar Surana - Whole-Time Director
- Rahul Surana - Whole-Time Director
The latest financial statements of Holoflex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Holoflex is 19AAACH8066L1Z3, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Holoflex is U24134WB1991PLC051895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Holoflex has 26 court cases on record: 26 filed by the company. 2 are pending. Most are in the high courts.
Holoflex was incorporated on 31 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
Holoflex has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2016.
Rahul Surana ceased to be Director on 08 Nov 2019. Rahul Surana was appointed as Whole-Time Director on 02 Apr 2018. Naveen Kumar Surana ceased to be Director on 01 Jul 2009. Holoflex has 10 board changes on record in total.
Yes, Holoflex is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0000069).
Holoflex has 13 MSME Form 1 returns on record between 2019 and 2023, listing 99 overdue payments to 3 micro and small suppliers. The latest return was filed on 03 Jan 2024.