About Jhaveri Flexo India Private Limited
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Jhaveri Flexo India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 16 April 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1985PTC035938. Its GSTIN is 27AAACF4037F1ZY (Maharashtra). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹19.2 Cr. It was formerly known as Jhaveri Flexo India Limited and Flexo Film Wraps(India)Ltd. It is led by directors including Alay Sandeep Jhaveri (Managing Director) and Sandeep Bipinchandra Jhaveri.
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 9th Floor Gold Crest N.S. Road No. 10 Jvpd Scheme Juhu Vile Parle (West), Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹409.15 Cr. For the same year it recorded a net profit of ₹16.82 Cr (net margin 4.1%) and EBITDA of ₹31.2 Cr (EBITDA margin 7.6%).
The company has about 481 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jhaveri Flexo India. As per MCA filings, the company has open charges of ₹195.47 Cr and satisfied charges of ₹314.62 Cr on record. Court records list 93 cases involving the company, including 56 filed by the company and 37 filed against it; 20 cases are pending. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹40.44 Cr; the latest was in September 2016. Its 3 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Vishakha Polyfab Private Limited with revenue of ₹492.63 Cr. The company has 12 MSME Form 1 returns on record between 2018 and 2023, listing 765 overdue payments to 52 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jhaveriflexo.com.
Company details
Name history
Jhaveri Flexo India has undergone 2 name changes throughout its history. The company was previously known as Jhaveri Flexo India Limited, and Flexo Film Wraps(India)Ltd. The current legal name is Jhaveri Flexo India Private Limited.
| Company Name | Status |
|---|---|
| Jhaveri Flexo India Private Limited | Current |
| Jhaveri Flexo India Limited | Previous |
| Flexo Film Wraps(India)Ltd | Previous |
CIN history
Jhaveri Flexo India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25209MH1985PTC035938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1985PTC035938 | Current |
| L25209MH1985PLC035938 | Previous |
| U25209MH1985PLC035938 | Previous |
Contact details
Jhaveri Flexo India Private Limited's registered office is in Mumbai, Maharashtra. Its website is jhaveriflexo.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9th Floor Gold Crest N.S. Road No. 10 Jvpd Scheme Juhu Vile Parle (West), Mumbai, Maharashtra, India – 400049
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Jhaveri Flexo India 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
Jhaveri Flexo India operates one associated brand: Jhaveri Flexo India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible food packaging, including pouches, films, and wraps, is produced. | jhaveriflexo.com |
Business activity
The main business activity of Jhaveri Flexo India 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 Jhaveri Flexo India Private Limited, buy the company report.
Financials of Jhaveri Flexo India Private Limited
FY 2025 filings availableJhaveri Flexo India Private Limited reported revenue of ₹409.15 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹31.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.82 Cr | ||||
| 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 | 7.6% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Jhaveri Flexo India Private Limited, buy the company report.
Board of directors of Jhaveri Flexo India Private Limited
Jhaveri Flexo India has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Bipinchandra Jhaveri | Director | 19 Oct 2006 | 20 Years 0 Months | Current |
| Alay Sandeep Jhaveri Also directs: Jhaveri Steel Plates Private Limited, Vaishali (India) Limited, Icebreaker Tech LLP and 2 more | Managing Director | 05 May 2017 | 9 Years 5 Months | Current |
| Mrunal Sandeep Jhaveri | Director | 05 May 2017 | 9 Years 5 Months | Current |
| Rajul Sandeep Jhaveri Also directs: Jhaveri Steel Plates Private Limited | Director | 10 Sep 2005 | 21 Years 1 Months | Current |
Peer comparison
Jhaveri Flexo India Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Vishakha Polyfab Private Limited | ₹492.63 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| Aakash Polyfilms Limited | ₹421.67 Cr (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Jhaveri Flexo India Private Limitedthis company | ₹409.15 Cr (FY 2025) | ₹16.82 Cr | 4.1% | 481 | Mumbai, Maharashtra, India | |
| Dhunseri Poly Films Private Limited | ₹392.18 Cr (FY 2025) | 240.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Jhaveri Flexo India Private Limited, buy the company report.
Auditor
Jhaveri Flexo India Private Limited is audited by S S Kothari Mehta & Company for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Kothari Mehta & Company | FY 2025 | 000756N |
Shareholding
The shareholding of Jhaveri Flexo India 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 Jhaveri Flexo India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2025 | 101166473 | Axis Bank Limited | ₹30 Cr | Open | |
| 29 Aug 2024 | 100975307 | Others | ₹96.5 Lakh | Open | |
| 27 Dec 2022 | 100673930 | Others | ₹4.5 Cr | Open | |
| 18 Sep 2020 | 100377157 | Others | ₹32 Cr | Open | |
| 24 Jan 2020 | 100323279 | Others | ₹53 Cr | Open |
To see the full charge records of Jhaveri Flexo India Private Limited, buy the company report.
Total charge records: 94 View all charges
Deals & funding
Jhaveri Flexo India Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹40.44 Cr; the latest was in September 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Funding round | ₹41.6 Lakh | Investors: an individual |
| Oct 2014 | Rights issue | ₹13.39 Cr | Investors: Mars Fincom Private Limited , 3 individuals |
| Nov 2012 | Funding round | ₹21.81 Cr | Investors: R S Jhaveri Steels Private Limited , Mars Fincom Private Limited , 2 individuals |
| Sep 2008 | Funding round | ₹18.21 Cr | Investors: Sudarshan Securities Private Limited, one up financial constructs Private Limited, Abhinav Capital Services Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Jhaveri Flexo India Private Limited has 93 court cases on record: 56 filed by Jhaveri Flexo India, 37 filed against it. 20 cases are pending and 73 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 82 | 30 | 17 |
| High courts | 11 | 7 | 3 |
Cases on record (5 of 93)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed by the company against Kailash Roofing Solutions Pvt. Ltd. and 2 others | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by Tripitak Marketing LLP | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd. | Pending |
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against Gee Pee Foods Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed against the company by M/S Mpil Steel Structures Ltd. | Pending |
To see the full case history of Jhaveri Flexo India 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.
Credit ratings & regulatory alerts
Jhaveri Flexo India Private Limited was last rated by Care on 03 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Mar 2023 |
To see the full credit ratings and regulatory alerts of Jhaveri Flexo India Private Limited, buy the company report.
MSME payment delays
Jhaveri Flexo India Private Limited has 12 MSME Form 1 returns on record between 2018 and 2023, listing 765 overdue payments to 52 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 (5 of 52)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rang Rasayan Ltd | |||
| Sunservices Forklift Parts Private Limited | |||
| Algol Chemicals India Private Limited | |||
| Rishichem Distributors Private Limited | |||
| Shree Sai Packaging |
To see the full MSME payment records of Jhaveri Flexo India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jhaveri Flexo India Private Limited has a workforce of 481 employees on its EPFO records as of Dec 23, 2025, across 4 active EPFO establishments.
GST
Jhaveri Flexo India has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACF4037F1ZY | Maharashtra | Active | 01 Jul 2017 |
| 27AAACF4037F3ZW | Maharashtra | Active | 14 Jun 2025 |
| 26AAACF4037F1Z0 | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
| 33AAACF4037F1Z5 | Tamil Nadu | Active | 23 Apr 2024 |
To see the full GST registrations and return filing status of Jhaveri Flexo India Private Limited, buy the company report.
Recent activity
Jhaveri Flexo India Private Limited has 22 board changes on record since 2005: 6 appointments and 16 cessations. The latest: Sandeep Bipinchandra Jhaveri ceased to be Managing Director on 22 Oct 2023.
211 earlier events are in the company report.
Frequently asked questions
Jhaveri Flexo India is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 16 April 1985 (41+ years old) and is registered under CIN U25209MH1985PTC035938.
Jhaveri Flexo India has 4 current directors:
- Alay Sandeep Jhaveri - Managing Director
- Sandeep Bipinchandra Jhaveri - Director
- Mrunal Sandeep Jhaveri - Director
- Rajul Sandeep Jhaveri - Director
The latest financial statements of Jhaveri Flexo India 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 Jhaveri Flexo India is 27AAACF4037F1ZY, registered in Maharashtra. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 27AAACF4037F3ZW (Maharashtra), 26AAACF4037F1Z0 (Dadra and Nagar Haveli and Daman and Diu), 33AAACF4037F1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Jhaveri Flexo India is U25209MH1985PTC035938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jhaveri Flexo India has 93 court cases on record: 56 filed by the company and 37 filed against it. 20 are pending. Most are in the district courts.
Jhaveri Flexo India was incorporated on 16 April 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Jhaveri Flexo India has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹40.44 Cr; the latest was in September 2016.
The peers of Jhaveri Flexo India by revenue are Vishakha Polyfab Private Limited, Aakash Polyfilms Limited, Dhunseri Poly Films 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).
Sandeep Bipinchandra Jhaveri ceased to be Managing Director on 22 Oct 2023. Abhishek Pokharna ceased to be Company Secretary on 04 Mar 2022. Kunal Suresh Karsia ceased to be Company Secretary on 30 Jun 2021. Jhaveri Flexo India has 22 board changes on record in total.
Jhaveri Flexo India has 12 MSME Form 1 returns on record between 2018 and 2023, listing 765 overdue payments to 52 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Jhaveri Flexo India can be reached through the website jhaveriflexo.com. Its registered office is in Mumbai, Maharashtra, India.
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