MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0005262
Innova Polypak Private Limited - packaging in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹50.92 Cr
▲ 66% YoY
Net profit · FY 2025
₹23.59 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.79 Cr
EBITDA margin 3.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹9.5 Cr
Satisfied ₹12.5 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
41
Provident fund records
About Innova Polypak Private Limited
Data last updated:
Innova Polypak Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 12 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25209KA1998PTC023840. Its GSTIN is 29AAACI4373F2ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Ramanathan Panchapakesan and Richard Stephen Sharath Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 28 – 29 Soukya Road Kacharakanahalli Hosakote Taluk, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.92 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹23.59 Lakh (net margin 0.5%) and EBITDA of ₹1.79 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years.
The company has about 41 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹12.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Innova Polypak Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0005262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innovapolypak.com.
Company details
CIN U25209KA1998PTC023840
Registration Number 023840
Incorporation Date 12 June 1998
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0005262
Key People
Richard Stephen Sharath Kumar Additional Director Sundaram Chandrasekaran Additional Director Ramanathan Panchapakesan Director Recognitions & Rankings of Innova Polypak
Contact details
Innova Polypak Private Limited's registered office is in Bangalore, Karnataka. Its website is innovapolypak.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address28 – 29 Soukya Road Kacharakanahalli Hosakote Taluk, Bangalore, Karnataka, India – 560067
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Innova Polypak Private Limited, buy the company report.
Comprehensive company report
Innova Polypak 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
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Business activity
The main business activity of Innova Polypak 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 Innova Polypak Private Limited, buy the company report.
Financials of Innova Polypak Private Limited
FY 2024 filings availableInnova Polypak Private Limited reported revenue of ₹50.92 Cr (up 66% YoY) for FY 2025.
Revenue · FY 2025
₹50.92 Cr ▲ 66%
Net profit · FY 2025
₹23.59 Lakh margin 0.5%
EBITDA · FY 2025
₹1.79 Cr margin 3.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 19%
5 years · compounded
▲ 132%
Revenue has grown at a compounded annual rate (CAGR) of 12% over three years, including 66% growth in the latest year. EBITDA rose 19% 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 | ₹1.79 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹23.59 Lakh | ||||
| Balance Sheet | |||||
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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 | 3.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Innova Polypak Private Limited, buy the company report.
Board of directors of Innova Polypak Private Limited
Innova Polypak has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Stephen Sharath Kumar | Additional Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Sundaram Chandrasekaran Also directs: Innova Consumer Care Private Limited, Jaldikart Retail Private Limited, 1Store Enterprises Private Limited and 4 more | Additional Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Ramanathan Panchapakesan | Director | 29 Jul 2019 | 7 Years 2 Months | Current |
| Devi Thiagarajan | Additional Director | 03 Apr 2025 | 1 Years 6 Months | Current |
| Rajamani Jayaraman | Additional Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Chandran Shankari | Additional Director | 06 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Innova Polypak Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Woven 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 |
|---|---|---|---|---|---|---|
| Allbright Packaging Private Limited | ₹51.27 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Innova Polypak Private Limitedthis company | ₹50.92 Cr (FY 2025) | ₹23.59 Lakh | 0.5% | 66.0% | 41 | Bangalore, Karnataka, India |
| Sadhana Packaging Private Limited | ₹50.63 Cr (FY 2023) | -30.0% | Jabalpur, Madhya Pradesh, India | |||
| Aura Polyplastics Private Limited | ₹49.86 Cr (FY 2024) | 7.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Innova Polypak Private Limited, buy the company report.
Auditor
Innova Polypak Private Limited is audited by Krishnananda Nayak & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishnananda Nayak & Co | FY 2024 | 001542S |
Shareholding
The shareholding of Innova Polypak Private 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 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innova Polypak Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.5 Cr
Satisfied charges
₹12.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2025 | 101132736 | Others | ₹9.5 Cr | Open | |
| 03 Nov 2020 | 100409185 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 27 Jan 2000 | 90197685 | M/S Karnataka State Financial Corporation | ₹1.5 Cr | Satisfied | |
| 21 Jan 2000 | 90199300 | State Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Innova Polypak Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Innova Polypak Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Prakash Conductors | Disposed |
To see the full case history of Innova Polypak 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
No delayed payments to MSME suppliers are on our record for Innova Polypak Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Innova Polypak Private Limited has a workforce of 41 employees on its EPFO records as of Jan 13, 2026, across 1 active EPFO establishment.
Employee count
41
Active EPFO establishments
1
GST
Innova Polypak has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI4373F2ZJ | Karnataka | Active | 25 Nov 2019 |
To see the full GST registrations and return filing status of Innova Polypak Private Limited, buy the company report.
Recent activity
Innova Polypak Private Limited has 14 board changes on record since 2008: 7 appointments and 7 cessations. The latest: Chandran Shankari was appointed as Additional Director on 06 Nov 2025.
Appointed
Chandran Shankari was appointed as Additional Director.
AGM
Innova Polypak Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 03 Nov 2020 via Charge ID 100409185 with Hdfc Bank Limited was fully satisfied on 10 Sep 2025.
Charges
A charge with Others amounted to Rs. 9.50 Cr with Charge ID 101132736 was registered on 30 Jun 2025.
Appointed
Devi Thiagarajan was appointed as Additional Director.
Appointed
Ganesan Ramanathan was appointed as Additional Director.
Appointed
Rajamani Jayaraman was appointed as Additional Director.
Appointed
Richard Stephen Sharath Kumar was appointed as Additional Director.
Appointed
Sundaram Chandrasekaran was appointed as Additional Director.
Filing
Innova Polypak Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited of Rs. 8.00 Cr registered on 03 Nov 2020 with Charge ID 100409185 was modified on 31 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100409185 was registered on 03 Nov 2020.
15 earlier events are in the company report.
Frequently asked questions
Innova Polypak is an active private limited company based in Bangalore, Karnataka, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 12 June 1998 (28+ years old) and is registered under CIN U25209KA1998PTC023840.
Innova Polypak has 6 current directors:
- Richard Stephen Sharath Kumar - Additional Director
- Sundaram Chandrasekaran - Additional Director
- Ramanathan Panchapakesan - Director
- Devi Thiagarajan - Additional Director
- Rajamani Jayaraman - Additional Director
- Chandran Shankari - Additional Director
The latest financial statements of Innova Polypak on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Innova Polypak is 29AAACI4373F2ZJ, 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 Innova Polypak is U25209KA1998PTC023840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Polypak has 1 court case on record: 1 filed against it.
Innova Polypak was incorporated on 12 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Innova Polypak by revenue are Allbright Packaging Private Limited, Sadhana Packaging Private Limited, Aura Polyplastics Private Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Chandran Shankari was appointed as Additional Director on 06 Nov 2025. Devi Thiagarajan was appointed as Additional Director on 03 Apr 2025. Ganesan Ramanathan was appointed as Additional Director on 03 Apr 2025. Innova Polypak has 14 board changes on record in total.
Yes, Innova Polypak is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0005262).
Innova Polypak can be reached through the website innovapolypak.com. Its registered office is in Bangalore, Karnataka, India.