
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.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSurvey No. 281/1 Plot No. 7/8 National Highway No. 8B Shapar ( Veraval) Taluka Kotda, Sangani, Rajkot, Gujarat, India – 360002
- IndustryPackaging, Woven Packaging Products
- 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
- One PDF report, delivered after checkout
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 Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Karam Multipack Private Limited
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.K.DOSHI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitbhai Karamshibhai Kagathara | Director | 19 Apr 2011 | 15 Years 5 Months | Current |
| Himanshu Dipakbhai Patel | Director | 15 Oct 2012 | 13 Years 11 Months | Current |
| Vallabhbhai Bhimabhai Godhani Also directs: Ktex Nonwovens Private Limited | Director | 01 Sep 2015 | 11 Years 1 Months | Current |
| Dhaval Vallabh Godhani | Director | 11 Dec 2018 | 7 Years 9 Months | Current |
| Vidhiben Vishal Kagathara Also directs: Rahil Foam Private Limited | Director | 20 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Karam Multipack Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Karam Multipack Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2018 | Others | ₹19.38 Cr | Open |
| 25 Jan 2016 | Small Industries Development Bank of India | ₹1 Cr | Satisfied |
| 09 Mar 2013 | Bank of India | ₹12 Cr | Satisfied |
| 21 Aug 2007 | Bank of Baroda | ₹9.3 Cr | Satisfied |
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.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Umra Securities Private Limited , Shreedhar Preservers Private Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2008 | Funding round | ₹1.99 Cr | Investors: Umra Securities Private Limited , Shreedhar Preservers Private Limited, Akshardham Industries, an individual |
Full deal history
All 16 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Karam Multipack Private Limited
Karam Multipack Private Limited has 13 court cases on record: 7 filed by Karam Multipack, 6 filed against it. 3 cases are pending and 10 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 6 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (TMSUIT) | Filed by the company against Karam Green Tex Limited | Pending |
| High Court of Gujarat | Court case (AO) | Filed by the company against Karam Green Tex Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (SMST R) | Filed by the company against Super Tech Textile Instruments Private Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (TMSUIT) | Filed by the company against an individual | Pending |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Triumph Corporation | •••• | •••• | •••• |
| Americhem Polymers India Private Limited | •••• | •••• | •••• |
| R.B.Print | •••• | •••• | •••• |
| Unique Filters | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
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.
| Brand | Description | Website |
|---|---|---|
| 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 and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Karam Multipack Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Karam Multipack Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Karam Multipack Private Limited
Karam Multipack has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCK9079J1Z4 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Karam Multipack Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Lalitbhai Karamshibhai Kagathara - Director
- Himanshu Dipakbhai Patel - Director
- Vallabhbhai Bhimabhai Godhani - Director
- Dhaval Vallabh Godhani - Director
- Vidhiben Vishal Kagathara - Director
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.