MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0007682
Innowo Speciality Papers Private Limited - packaging in Ambernath, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.62 Cr
▲ 101% YoY
Net profit · FY 2025
₹1.25 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹1.21 Cr
EBITDA margin 9.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Innowo Speciality Papers Private Limited
Data last updated:
Innowo Speciality Papers Private Limited is a private limited company based in Ambernath, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 07 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36990MH2019PTC322260. Its GSTIN is 27AADCL8686K1ZR (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Luster Packaging Private Limited. It is led by directors including Dhiren Jagiasi Anand and Poonam Jagiasi Anand.
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 Plot No. 28/12 Ambernath Industrial Area MIDC Morivali, Maharashtra, India – 421501.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.62 Cr, a growth of 101% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 0.1%) and EBITDA of ₹1.21 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years and 73% over five years.
As per MCA filings, the company has open charges of ₹3.1 Cr on record.
Innowo Speciality Papers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0007682). For more details, the company can be reached via its website luster-packaging.in.
Company details
CIN U36990MH2019PTC322260
Registration Number 322260
Incorporation Date 07 March 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0007682
Name history
Innowo Speciality Papers has undergone 2 name changes throughout its history. The company was previously known as Luster Packaging Private Limited, and Innowo Speciality Papers Private Limited. The current legal name is Innowo Speciality Papers Private Limited.
| Company Name | Status |
|---|---|
| Innowo Speciality Papers Private Limited | Current |
| Luster Packaging Private Limited | Previous |
Key People
Dhiren Jagiasi Anand Director Poonam Jagiasi Anand Director Anand Koturam Jagiasi Director Recognitions & Rankings of Innowo Speciality Papers
Contact details
Innowo Speciality Papers Private Limited's registered office is in Ambernath, Maharashtra. Its website is luster-packaging.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 28/12 Ambernath Industrial Area MIDC Morivali, Maharashtra, India – 421501
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Innowo Speciality Papers Private Limited, buy the company report.
Comprehensive company report
Innowo Speciality Papers 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 Innowo Speciality Papers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Innowo Speciality Papers Private Limited, buy the company report.
Financials of Innowo Speciality Papers Private Limited
FY 2025 filings availableInnowo Speciality Papers Private Limited reported revenue of ₹12.62 Cr (up 101% YoY) for FY 2025.
Revenue · FY 2025
₹12.62 Cr ▲ 101%
Net profit · FY 2025
₹1.25 Lakh margin 0.1%
EBITDA · FY 2025
₹1.21 Cr margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 127%
5 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 667%
3 years · compounded
▲ 216%
5 years · compounded
▲ 120%
Revenue has grown at a compounded annual rate (CAGR) of 73% over five years, including 101% growth in the latest year. EBITDA rose 667% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 9.6% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Innowo Speciality Papers Private Limited, buy the company report.
Board of directors of Innowo Speciality Papers Private Limited
Innowo Speciality Papers has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiren Jagiasi Anand | Director | 07 Mar 2019 | 7 Years 8 Months | Current |
| Poonam Jagiasi Anand | Director | 07 Mar 2019 | 7 Years 8 Months | Current |
| Anand Koturam Jagiasi | Director | 27 Jul 2019 | 7 Years 3 Months | Current |
Auditor
Innowo Speciality Papers Private Limited is audited by N S N & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S N & ASSOCIATES | FY 2023 | 147699W |
Shareholding
The shareholding of Innowo Speciality Papers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innowo Speciality Papers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2022 | 100554757 | Hdfc Bank Limited | ₹3.1 Cr | Open |
To see the full charge records of Innowo Speciality Papers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Innowo Speciality Papers 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
Innowo Speciality Papers Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 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 |
|---|---|---|---|
| Aryan Petrochemicals Private Limited | |||
| Packaging Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Innowo Speciality Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Innowo Speciality Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL8686K1ZR | Maharashtra | Active | 05 Jun 2019 |
To see the full GST registrations and return filing status of Innowo Speciality Papers Private Limited, buy the company report.
Recent activity
Innowo Speciality Papers Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Anand Koturam Jagiasi was appointed as Director on 27 Jul 2019.
AGM
Innowo Speciality Papers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Innowo Speciality Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited of Rs. 310.00 Lakh registered on 08 Mar 2022 with Charge ID 100554757 was modified on 21 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 310.00 Lakh with Charge ID 100554757 was registered on 08 Mar 2022.
Appointed
Anand Koturam Jagiasi was appointed as Director.
Appointed
Dhiren Jagiasi Anand was appointed as Director.
Appointed
Poonam Jagiasi Anand was appointed as Director.
Incorporation
07 Mar 2019
Innowo Speciality Papers Private Limited was registered on 07 Mar 2019 with Roc Mumbai Ii & aged 7 years 8 months as per MCA records.
Frequently asked questions
Innowo Speciality Papers is an active private limited company based in Ambernath, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 07 March 2019 (7+ years old) and is registered under CIN U36990MH2019PTC322260.
Innowo Speciality Papers has 3 current directors:
- Dhiren Jagiasi Anand - Director
- Poonam Jagiasi Anand - Director
- Anand Koturam Jagiasi - Director
The latest financial statements of Innowo Speciality Papers 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 FY 2019 are in the company report.
The GSTIN of Innowo Speciality Papers is 27AADCL8686K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innowo Speciality Papers is U36990MH2019PTC322260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innowo Speciality Papers was incorporated on 07 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Anand Koturam Jagiasi was appointed as Director on 27 Jul 2019. Dhiren Jagiasi Anand was appointed as Director on 07 Mar 2019. Poonam Jagiasi Anand was appointed as Director on 07 Mar 2019.
Yes, Innowo Speciality Papers is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0007682).
Innowo Speciality Papers has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 25 May 2024.
Innowo Speciality Papers can be reached through the website luster-packaging.in. Its registered office is in Ambernath, Maharashtra, India.
The registered office of Innowo Speciality Papers is at Plot No. 2812 Ambernath Industrial Area MIDC Morivali, Maharashtra, India – 421501.
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