Karam Multipack Private Limited

Karam Multipack Private Limited - packaging in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U25202GJ2006PTC048958 Incorporated 28 August 2006 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company packaging
Data last updated
Revenue · FY 2024
₹73.4 Cr
▼ 13% YoY
Net profit · FY 2024
₹1.82 Cr
Net margin 2.5%
EBITDA · FY 2024
₹4.51 Cr
EBITDA margin 6.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹19.38 Cr
Satisfied ₹22.3 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
14
Provident fund records

About Karam Multipack Private Limited

Data last updated:

Karam Multipack Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 28 August 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2006PTC048958. Its GSTIN is 24AACCK9079J1Z4 (Gujarat).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Lalitbhai Karamshibhai Kagathara and Himanshu Dipakbhai Patel.

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 Rajkot, Gujarat.

As per the financials filed for FY 2024, the company reported a revenue of ₹73.4 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.82 Cr (net margin 2.5%) and EBITDA of ₹4.51 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Karam Multipack. As per MCA filings, the company has open charges of ₹19.38 Cr and satisfied charges of ₹22.3 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it; 3 cases are pending. The company has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2024. Its 10 peer companies in the Packaging industry (Woven Products) are compared by revenue, 5 larger and 5 smaller; the largest is Jabalpur Polytex Private Limited with revenue of ₹74.63 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 8 overdue payments to 4 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 karammultipack.com.

Company Details of Karam Multipack Private Limited
CIN U25202GJ2006PTC048958
Registration Number 048958
Incorporation Date 28 August 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Survey No. 281/1 Plot No. 7/8 National Highway No. 8B Shapar ( Veraval) Taluka Kotda, Sangani, Rajkot, Gujarat, India – 360002
  • Industry
    Packaging, Woven Packaging Products
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Financials, compliance, directors, charges, ownership and filings for Karam Multipack Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Karam Multipack Private Limited

The main business activity of Karam Multipack is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Karam Multipack Private Limited FY 2025 filings available

Karam Multipack Private Limited reported revenue of ₹73.4 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹73.4 Cr ▼ 13%
Net profit · FY 2024
₹1.82 Cr margin 2.5%
EBITDA · FY 2024
₹4.51 Cr margin 6.1%

Compounded Annual Growth Rate (CAGR) of Karam Multipack Private Limited

Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 5%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 16%

Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 9% 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 of Karam Multipack Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹4.51 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹1.82 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 of Karam Multipack Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.1%••••••••••••••••
Net Profit Margin2.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Karam Multipack are in the company report.

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Financial statements from 2015

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Peer Comparison of Karam Multipack Private Limited

Karam Multipack Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Woven Products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Jabalpur Polytex Private Limited₹74.63 Cr (FY 2023)••••••••-13.0%••••Patna, Bihar, India
Tricon Polyfabs Private Limited₹74.5 Cr (FY 2025)••••••••-4.0%••••Kolkata, West Bengal, India
Ashok Polymers Limited₹73.97 Cr (FY 2017)••••••••-11.0%••••Andhra Pradesh, Telangana, India
Tribhuvan Polymers Private Limited₹73.63 Cr (FY 2024)••••••••0.0%••••Surat, Gujarat, India
Quality Wovensacks Private Limited₹73.57 Cr (FY 2025)••••••••-22.0%••••Varanasi, Uttar Pradesh, India
Karam Multipack Private Limited this company₹73.4 Cr (FY 2024)••••••••-13.0%••••Rajkot, Gujarat, India
VGR Foodtech Agro Private Limited₹71.73 Cr (FY 2025)••••••••-2.0%••••Kolkata, West Bengal, India
Bagpoly International Private Limited₹71.29 Cr (FY 2025)••••••••16.0%••••New Delhi, Delhi, India
G.R. Weavers Private Limited₹71.16 Cr (FY 2025)••••••••7.0%••••Gwalior, Madhya Pradesh, India
Ankit Polysack (India) Private Limited₹70.66 Cr (FY 2025)••••••••-30.0%••••Hyderabd, Andhra Pradesh, India
Aareha Elastin Fibc Private Limited₹70.65 Cr (FY 2024)••••••••14.0%••••Jalalpore, Gujarat, India

Peers are the five companies nearest above and the five nearest below Karam Multipack by revenue in the Packaging industry (Woven Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Karam Multipack Private Limited

Karam Multipack Private Limited is audited by R.K.DOSHI & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
R.K.DOSHI & CO.LockedLockedLocked
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Board of Directors of Karam Multipack Private Limited

Karam Multipack has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lalitbhai Karamshibhai KagatharaDirector19 Apr 201115 Years 5 MonthsCurrent
Himanshu Dipakbhai PatelDirector15 Oct 201213 Years 11 MonthsCurrent
Vallabhbhai Bhimabhai GodhaniDirector01 Sep 201511 Years 1 MonthsCurrent
Dhaval Vallabh GodhaniDirector11 Dec 20187 Years 9 MonthsCurrent
Vidhiben Vishal KagatharaDirector20 Jun 20197 Years 3 MonthsCurrent

Ownership and Shareholding of Karam Multipack Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Karam Multipack Private Limited

Open charges
₹19.38 Cr
Satisfied charges
₹22.3 Cr
Breakdown by lending institutions
Others₹19.38 Cr
Latest charge details
DateLenderAmountStatus
26 Sep 2018Others₹19.38 CrOpen
25 Jan 2016Small Industries Development Bank of India₹1 CrSatisfied
09 Mar 2013Bank of India₹12 CrSatisfied
21 Aug 2007Bank of Baroda₹9.3 CrSatisfied

Total charge records: 4 View all charges

Deals & Funding of Karam Multipack Private Limited

Karam Multipack Private Limited has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2024.

Total deals
16
Secondary share transfers
15
Funding round
1
Disclosed funding
₹1.99 Cr

Deals on record (5 of 16)

WhenDealAmountParties
Mar 2024Secondary share transferUndisclosedBuyer: an individual
Seller: Umra Securities Private Limited , Shreedhar Preservers Private Limited
Feb 2023Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Aug 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2008Funding round₹1.99 CrInvestors: Umra Securities Private Limited , Shreedhar Preservers Private Limited, Akshardham Industries, an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Karam Multipack Private Limited

Karam Multipack Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 8 overdue payments to 4 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 (4 of 4)

SupplierAmount dueDue sinceReported on
Triumph Corporation••••••••••••
Americhem Polymers India Private Limited••••••••••••
R.B.Print••••••••••••
Unique Filters••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Karam Multipack Private Limited

Karam Multipack operates one associated brand: Karam Multipack. Each brand links to its own profile.

BrandDescriptionWebsite
Production of non-woven fabrics for industrial, construction, agriculture, and medical applications.karammultipack.com

Employees and EPFO Compliance at Karam Multipack Private Limited

Karam Multipack Private Limited has a workforce of 14 employees as of Oct 09, 2025.

Employee count
14
Active EPFO establishments
1
Employee growth
7.69%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Karam Multipack Private Limited

Karam Multipack Private Limited has 9 board changes on record since 2006: 7 appointments and 2 cessations. The latest: Vidhiben Vishal Kagathara was appointed as Director on 20 Jun 2019.

AGM
Karam Multipack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karam Multipack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 25 Jan 2016 via Charge ID 10616174 with Small Industries Development Bank Of India was fully satisfied on 27 Jan 2021.
Charges
A charge with Others of Rs. 19.38 Cr registered on 26 Sep 2018 with Charge ID 100211077 was modified on 18 Sep 2020.
Appointed
Vidhiben Vishal Kagathara was appointed as Director.
Ceased
Vishal Lalitbhai Kagathara ceased to be Director.
Appointed
Dhaval Vallabh Godhani was appointed as Director.
Charges
A charge registered on 09 Mar 2013 via Charge ID 10414299 with Bank Of India was fully satisfied on 16 Oct 2018.
Charges
A charge with Others amounted to Rs. 19.38 Cr with Charge ID 100211077 was registered on 26 Sep 2018.
Charges
A charge with Bank Of India of Rs. 12.00 Cr registered on 09 Mar 2013 with Charge ID 10414299 was modified on 07 Oct 2017.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 1.00 Cr with Charge ID 10616174 was registered on 25 Jan 2016.
Ceased
Dilipbhai Hansarajbhai Kagathra ceased to be Director.

10 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Karam Multipack Private Limited

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Subsidiaries & Group Companies of Karam Multipack Private Limited

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Corporate group structure

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GST Compliance of Karam Multipack Private Limited

Karam Multipack has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCK9079J1Z4GujaratActive01 Jul 2017
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MCA Filings & Documents of Karam Multipack Private Limited

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Frequently Asked Questions about Karam Multipack Private Limited

Karam Multipack is an active private limited company based in Rajkot, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 28 August 2006 (20+ years old) and is registered under CIN U25202GJ2006PTC048958.

Karam Multipack reported revenue of ₹73.4 Cr for FY 2024 (down 13% YoY).

Karam Multipack has 5 current directors:

Karam Multipack reported a net profit of ₹1.82 Cr (net margin 2.5%) and EBITDA of ₹4.51 Cr (EBITDA margin 6.1%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Karam Multipack is -5% over three years and 5% over five years. In the latest year (FY 2024) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Karam Multipack is 24AACCK9079J1Z4, registered in Gujarat.

The CIN (Corporate Identification Number) of Karam Multipack is U25202GJ2006PTC048958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karam Multipack has 13 court cases on record: 7 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.

Karam Multipack was incorporated on 28 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Karam Multipack has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.99 Cr; the latest was in March 2024.

The peers of Karam Multipack by revenue are Jabalpur Polytex Private Limited, Tricon Polyfabs Private Limited, Ashok Polymers Limited, Tribhuvan Polymers Private Limited, Quality Wovensacks Private Limited and 5 more, all in the Packaging industry (Woven Products).

Vidhiben Vishal Kagathara was appointed as Director on 20 Jun 2019. Vishal Lalitbhai Kagathara ceased to be Director on 18 May 2019. Dhaval Vallabh Godhani was appointed as Director on 11 Dec 2018. Karam Multipack has 9 board changes on record in total.

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