About Kris Flexipacks Private Limited
Data last updated:
Kris Flexipacks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 06 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH2007PTC168369. Its GSTIN is 27AACCN4672Q1ZS (Maharashtra). The company holds 11 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹19.71 Cr and a paid-up capital of ₹8.47 Cr. It was formerly known as Nikita Plast Industries Private Limited. It is led by directors including Shailesh Sheth Gulabchand (Managing Director) and Raghuraman Krishna Iyer.
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 65 Shanti Industrial Estate S.N. Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹621.52 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹28.43 Cr (net margin 4.6%) and EBITDA of ₹55.83 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 13% over five years.
The company has about 521 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Kris Flexipacks. As per MCA filings, the company has open charges of ₹444.26 Cr and satisfied charges of ₹115.01 Cr on record. Court records list 43 cases involving the company, including 36 filed by the company and 6 filed against it; 5 cases are pending. The company has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹65.64 Cr; the latest was in September 2024. Its 10 peer companies in the Packaging industry (Films and Foils, Industrial Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Horizon Packs Private Limited with revenue of ₹731.43 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 6,053 overdue payments to 247 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 krisflexipacks.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address65 Shanti Industrial Estate S.N. Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryPackaging, Industrial Packaging Solutions
- 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 Kris Flexipacks Private Limited
The main business activity of Kris Flexipacks is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Kris Flexipacks Private Limited FY 2025 filings available
Kris Flexipacks Private Limited reported revenue of ₹621.52 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kris Flexipacks Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 10% growth in the latest year. EBITDA fell 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 of Kris Flexipacks Private Limited
| 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 | ₹55.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.43 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 Kris Flexipacks Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.6% | •••• | •••• | •••• | •••• |
| 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 Kris Flexipacks 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 Kris Flexipacks Private Limited
Kris Flexipacks Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils, Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Horizon Packs Private Limited | ₹731.43 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Songadh, Gujarat, India |
| Nahar Poly Films Limited Listed | ₹683.88 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Punjab, India |
| Jupiter Laminators Private Limited | ₹682.85 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | New Delhi, Delhi, India |
| Paharpur 3P Private Limited | ₹678.36 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kolkata, West Bengal, India |
| GLS Films Industries Private Limited | ₹634.69 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Gurgaon, Haryana, India |
| Kris Flexipacks Private Limited this company | ₹621.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Pravesha Industries Private Limited | ₹602.78 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Manesar, Haryana, India |
| Raviraj Foils Limited | ₹602.13 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Ahmedabad, Gujarat, India |
| Balaji Multiflex Private Limited | ₹585.04 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Rajkot, Gujarat, India |
| Balmer Lawrie-Van Leer Limited | ₹584.87 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Navi Mumbai, Maharashtra, India |
| Xpro India Limited Listed | ₹554.19 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | West Bengal, India |
Peers are the five companies nearest above and the five nearest below Kris Flexipacks by revenue in the Packaging industry (Films and Foils, Industrial Packaging), 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 Kris Flexipacks Private Limited
Kris Flexipacks Private Limited is audited by Geeta Gajra & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Geeta Gajra & 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 Kris Flexipacks Private Limited
Kris Flexipacks has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghuraman Krishna Iyer Also directs: Raghu Iyer Valuation Advisors LLP, Boot Exports (Bombay) Pvt Ltd, Athang Expressions Private Limited and 1 more | Director | 13 Feb 2018 | 8 Years 7 Months | Current |
| Shailesh Sheth Gulabchand | Managing Director | 06 Mar 2007 | 19 Years 7 Months | Current |
| Rajesh Gulabchand Sheth Also directs: Hue Inks Private Limited, VRS Realtors Private Limited, Packaging Realtors Pvt Ltd and 2 more | Director | 06 Mar 2007 | 19 Years 7 Months | Current |
Ownership and Shareholding of Kris Flexipacks 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 Kris Flexipacks Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Oct 2025 | Others | ₹70 Lakh | Open |
| 21 May 2025 | Others | ₹70 Lakh | Open |
| 08 Jan 2025 | Others | ₹17 Cr | Open |
| 23 Sep 2024 | Others | ₹28 Cr | Open |
| 21 Sep 2024 | Others | ₹83 Cr | Open |
Total charge records: 53 View all charges
Deals & Funding of Kris Flexipacks Private Limited
Kris Flexipacks Private Limited has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹65.64 Cr; the latest was in September 2024.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2024 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: 3 individuals |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2007 | Funding round | ₹14.35 Cr | Investors: Packaging Destinations Private Limited , 3 individuals |
| Mar 2007 | Funding round | ₹1.79 Cr | Investors: Packaging Destinations Private Limited , 3 individuals |
Full deal history
All 10 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 Kris Flexipacks Private Limited
Kris Flexipacks Private Limited has 43 court cases on record: 36 filed by Kris Flexipacks, 6 filed against it, 1 where it is another party. 5 cases are pending and 38 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 5 | 5 |
| High courts | 5 | 1 | 0 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shellz India Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Manpasand Beverages Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Shellz India Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against Shellz India Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Pramara Promotions Limited | Disposed |
Full case history
All 43 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 Kris Flexipacks Private Limited
Kris Flexipacks Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 6,053 overdue payments to 247 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 247)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sun-Electro Gravures Private Limited | •••• | •••• | •••• |
| XL Plastic | •••• | •••• | •••• |
| Praful Metal Works Pvt Ltd | •••• | •••• | •••• |
| HP Chem Trade | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 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 Kris Flexipacks Private Limited
Kris Flexipacks operates one associated brand: Kris Flexipacks. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers flexible packaging, labels, and films for food, beverage, and industrial markets. | krisflexipacks.com |
Employees and EPFO Compliance at Kris Flexipacks Private Limited
Kris Flexipacks Private Limited has a workforce of 521 employees as of Jan 05, 2026.
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.
Group Structure of Kris Flexipacks Private Limited
Kris Flexipacks has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Hue Inks Private Limited | U24290MH2021PTC370084 | Locked |
| Vrs Realtors Private Limited | U70101MH2006PTC164840 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Kris Flexipacks Private Limited
Kris Flexipacks Private Limited has 14 board changes on record since 2007: 3 appointments and 11 cessations. The latest: Prapti Dhingra ceased to be Company Secretary on 11 Jan 2021.
95 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kris Flexipacks 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 Kris Flexipacks 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 Kris Flexipacks Private Limited
Kris Flexipacks has 11 GST registrations: 6 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN4672Q1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AACCN4672Q2ZR | Maharashtra | Active | 28 Sep 2017 |
| 02AACCN4672Q1Z4 | Himachal Pradesh | Active | 01 Jul 2017 |
| 33AACCN4672Q1ZZ | Tamil Nadu | 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 Kris Flexipacks 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 Kris Flexipacks Private Limited
Kris Flexipacks is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 06 March 2007 (19+ years old) and is registered under CIN U25209MH2007PTC168369.
Kris Flexipacks reported revenue of ₹621.52 Cr for FY 2025 (up 10% YoY).
Kris Flexipacks has 3 current directors:
- Shailesh Sheth Gulabchand - Managing Director
- Raghuraman Krishna Iyer - Director
- Rajesh Gulabchand Sheth - Director
Kris Flexipacks reported a net profit of ₹28.43 Cr (net margin 4.6%) and EBITDA of ₹55.83 Cr (EBITDA margin 9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kris Flexipacks is 10% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kris Flexipacks is 27AACCN4672Q1ZS, registered in Maharashtra. The company has 11 GST registrations in all, of which 6 are active and 5 are cancelled or inactive. Other active GSTINs include 27AACCN4672Q2ZR (Maharashtra), 02AACCN4672Q1Z4 (Himachal Pradesh), 33AACCN4672Q1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Kris Flexipacks is U25209MH2007PTC168369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kris Flexipacks has 43 court cases on record: 36 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Kris Flexipacks was incorporated on 06 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Kris Flexipacks has 10 deals on record (7 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹65.64 Cr; the latest was in September 2024.
The peers of Kris Flexipacks by revenue are Horizon Packs Private Limited, Nahar Poly Films Limited, Jupiter Laminators Private Limited, Paharpur 3P Private Limited, GLS Films Industries Private Limited and 5 more, all in the Packaging industry (Films and Foils, Industrial Packaging).
Prapti Dhingra ceased to be Company Secretary on 11 Jan 2021. Ravi Chaturvedi ceased to be Director on 14 Jun 2019. Raghuraman Krishna Iyer ceased to be Additional Director on 22 Sep 2018. Kris Flexipacks has 14 board changes on record in total.