About India Packaging Products Private Limited
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India Packaging Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 August 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1970PTC001937. Its GSTIN is 29AAACI3977M1ZX (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Alagappa Annamalai (Managing Director) and Alagappan Annamalai (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 221 Upper Palace Orchards Bellary Road, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.09 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹52.44 Lakh (net margin -4.3%) and EBITDA of ₹11.72 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: India Packaging Products. As per MCA filings, the company has open charges of ₹13.56 Cr and satisfied charges of ₹3.55 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ippplastics.com.
Company details
CIN history
India Packaging Products has one previous CIN (Corporate Identification Number): U51909KA1970PTC001937. The current CIN is U85110KA1970PTC001937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1970PTC001937 | Current |
| U51909KA1970PTC001937 | Previous |
Contact details
India Packaging Products Private Limited's registered office is in Bangalore, Karnataka. Its website is ippplastics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address221 Upper Palace Orchards Bellary Road, Bangalore, Karnataka, India – 560080
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of India Packaging Products Private Limited, buy the company report.
- 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
India Packaging Products operates one associated brand: India Packaging Products. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of injection moulded components for packaging and industrial uses in India. | ippplastics.com |
Business activity
The main business activity of India Packaging Products 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 India Packaging Products Private Limited, buy the company report.
Financials of India Packaging Products Private Limited
FY 2024 filings availableIndia Packaging Products Private Limited reported revenue of ₹12.09 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth in the latest year. EBITDA rose 23% 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 | ₹11.72 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹52.44 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 | 1% | ||||
| Net Profit Margin | -4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of India Packaging Products Private Limited, buy the company report.
Board of directors of India Packaging Products Private Limited
India Packaging Products has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alagappa Muthiah Also directs: Vani Private Limited. | Director | 18 Aug 1970 | 56 Years 2 Months | Current |
| Alagappa Annamalai Also directs: Vani Private Limited. | Managing Director | 16 Apr 1980 | 46 Years 6 Months | Current |
| Alagappan Annamalai Also directs: Vani Private Limited., Savvymob Travel Solutions Private Limited | Whole-Time Director | 14 Nov 2005 | 20 Years 11 Months | Current |
| Umayal Annamalai Also directs: Vani Private Limited. | Director | 30 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
India Packaging Products 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 |
|---|---|---|---|---|---|---|
| Westland Rubber Private Limited | ₹12.11 Cr (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| S.M.R. Pliable Industries India Private Limited | ₹12.11 Cr (FY 2021) | 111.0% | Pune, Maharashtra, India | |||
| Ami Pyroflex Private Limited | ₹12.1 Cr (FY 2024) | -1.0% | Nagpur, Maharashtra, India | |||
| Wasserfluss India Private Limited | ₹12.09 Cr (FY 2025) | -45.0% | Gurugram, Haryana, India | |||
| India Packaging Products Private Limitedthis company | ₹12.09 Cr (FY 2024) | -₹52.44 Lakh | -4.3% | 14.0% | 42 | Bangalore, Karnataka, India |
| Radiant Containers Private Limited | ₹12.08 Cr (FY 2025) | 23.0% | Indore, Madhya Pradesh, India | |||
| Electroplast India Private Limited | ₹12.05 Cr (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| MGK Industries Private Limited | ₹12.04 Cr (FY 2025) | -13.0% | Pollachi, Tamil Nadu, India |
To see the full peer comparison of India Packaging Products Private Limited, buy the company report.
Auditor
India Packaging Products Private Limited is audited by NCS RAGHAVAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NCS RAGHAVAN & CO | FY 2023 | 07335S |
Shareholding
The shareholding of India Packaging Products 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 India Packaging Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2024 | 100971721 | Hdfc Bank Limited | ₹9 Cr | Open | |
| 12 Feb 2024 | 100881043 | Indian Overseas Bank | ₹13.15 Lakh | Open | |
| 09 Nov 2023 | 100835160 | Hdfc Bank Limited | ₹4.43 Cr | Open | |
| 29 Mar 2007 | 10046355 | Indian Overseas Bank | ₹2.44 Cr | Satisfied | |
| 13 Nov 2006 | 10029286 | Industrial Development Bank of India Limited | ₹15 Lakh | Satisfied |
To see the full charge records of India Packaging Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
India Packaging Products Private Limited has 6 court cases on record: 4 filed by India Packaging Products, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Bengaluru Development Authority | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of India Packaging Products 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
India Packaging Products Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 13 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of India Packaging Products Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
India Packaging Products Private Limited has a workforce of 42 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
India Packaging Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI3977M1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Packaging Products Private Limited, buy the company report.
Recent activity
India Packaging Products Private Limited has 5 board changes on record since 1970: 4 appointments and 1 cessation. The latest: Umayal Annamalai ceased to be Additional Director on 22 Sep 2014.
10 earlier events are in the company report.
Frequently asked questions
India Packaging Products 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 18 August 1970 (56+ years old) and is registered under CIN U85110KA1970PTC001937.
India Packaging Products has 4 current directors:
- Alagappa Annamalai - Managing Director
- Alagappan Annamalai - Whole-Time Director
- Alagappa Muthiah - Director
- Umayal Annamalai - Director
The latest financial statements of India Packaging Products 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 India Packaging Products is 29AAACI3977M1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of India Packaging Products is U85110KA1970PTC001937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Packaging Products has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
India Packaging Products was incorporated on 18 August 1970, making it 56+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of India Packaging Products by revenue are Westland Rubber Private Limited, S.M.R. Pliable Industries India Private Limited, Ami Pyroflex Private Limited, Wasserfluss India Private Limited, Radiant Containers 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).
Umayal Annamalai ceased to be Additional Director on 22 Sep 2014. Umayal Annamalai was appointed as Director on 30 Aug 2014. Alagappan Annamalai was appointed as Whole-Time Director on 14 Nov 2005. India Packaging Products has 5 board changes on record in total.
India Packaging Products has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 13 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Oct 2019.
India Packaging Products can be reached through the website ippplastics.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of India Packaging Products is at 221 Upper Palace Orchards Bellary Road, Bangalore, Karnataka, India – 560080.
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