About Mahati Packwell Private Limited
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Mahati Packwell Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 20 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21022KA2013PTC072666. Its GSTIN is 29AAICM9921B1ZC (Karnataka).
The company has an authorised share capital of ₹27 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors Ganapathi Hegde (Managing Director) and Shaman Hegde.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.69 Cr, a growth of 75% compared to the previous year. For the same year it recorded a net profit of ₹22.79 Lakh (net margin 2.6%) and EBITDA of ₹40.76 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 33% over five years.
The company is associated with 1 brand: Mahatipackwell. As per MCA filings, the company has open charges of ₹5.47 Cr on record. Court records list 58 cases involving the company, including 57 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahatipackwell.com.
Company details
Contact details
Mahati Packwell Private Limited's registered office is in Bangalore, Karnataka. Its website is mahatipackwell.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShed No.4 Shigehalli Opp. Rashi Layout Behind Bairaveshwara Sawmill Magadi Mai, N Road, Bangalore, Karnataka, India – 560091
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Mahati Packwell 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
Mahati Packwell operates one associated brand: Mahatipackwell. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging solutions and digital marketing services in Bengaluru. | mahatipackwell.com |
Business activity
The main business activity of Mahati Packwell is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Mahati Packwell Private Limited, buy the company report.
Financials of Mahati Packwell Private Limited
FY 2024 filings availableMahati Packwell Private Limited reported revenue of ₹8.69 Cr (up 75% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 75% growth in the latest year. EBITDA rose 119% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹40.76 Lakh | ||||
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| Net Profit (PAT) | ₹22.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Mahati Packwell Private Limited, buy the company report.
Board of directors of Mahati Packwell Private Limited
Mahati Packwell has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganapathi Hegde Also directs: Mahati Packaging Solutions Private Limited | Managing Director | 20 Dec 2013 | 12 Years 10 Months | Current |
| Shaman Hegde | Director | 20 Dec 2013 | 12 Years 10 Months | Current |
Peer comparison
Mahati Packwell Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hitec Caartons India Private Limited | ₹8.75 Cr (FY 2025) | 36.0% | Coimbatore, Tamil Nadu, India | |||
| Moraya Woodpack India Private Limited | ₹8.7 Cr (FY 2025) | 10.0% | Pune, Maharashtra, India | |||
| Mahati Packwell Private Limitedthis company | ₹8.69 Cr (FY 2024) | ₹22.79 Lakh | 2.6% | 75.0% | Bangalore, Karnataka, India | |
| Biyani Packaging Private Limited | ₹8.63 Cr (FY 2024) | 32.0% | Mumbai, Maharashtra, India | |||
| United Packaging Solutions (India) Private Limited | ₹8.62 Cr (FY 2024) | -3.0% | Kolar, Karnataka, India | |||
| Dhanlaxmi Paper Mills Pvt.Ltd. | ₹8.61 Cr (FY 2024) | -31.0% | Rajnandgaon, Chhattisgarh, India | |||
| Chanda Packaging Private Limited | ₹8.59 Cr (FY 2019) | 17.0% | Gurgaon, Haryana, India | |||
| P K Cardboard Company Private Limited | ₹8.57 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mahati Packwell Private Limited, buy the company report.
Auditor
Mahati Packwell Private Limited is audited by P.ISHWARA BHAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.ISHWARA BHAT & CO | FY 2023 | 001156S |
Shareholding
The shareholding of Mahati Packwell Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Mahati Packwell Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2025 | 101185884 | State Bank of India | ₹4 Cr | Open | |
| 12 Jul 2022 | 100601203 | Canara Bank | ₹10.11 Lakh | Open | |
| 19 Mar 2016 | 100046862 | Canara Bank | ₹1.37 Cr | Open |
To see the full charge records of Mahati Packwell Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mahati Packwell Private Limited has 58 court cases on record: 57 filed by Mahati Packwell, 1 filed against it. 1 case is pending and 57 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 1 | 1 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Scotts Garments Ltd and 1 other | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Scotts Garments Limited, Rep by Naseer Ahmed | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Dhani Loans and Services Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Scotts Garments Limited and Another and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Scotts Garments Ltd and 1 other | Disposed |
To see the full case history of Mahati Packwell 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahati Packwell Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahati Packwell has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICM9921B1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahati Packwell Private Limited, buy the company report.
Recent activity
Mahati Packwell Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Ganapathi Hegde ceased to be Director on 15 Jun 2017.
Frequently asked questions
Mahati Packwell is an active private limited company based in Bangalore, Karnataka, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 20 December 2013 (13+ years old) and is registered under CIN U21022KA2013PTC072666.
Mahati Packwell has 2 current directors:
- Ganapathi Hegde - Managing Director
- Shaman Hegde - Director
The latest financial statements of Mahati Packwell on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahati Packwell is 29AAICM9921B1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Mahati Packwell is U21022KA2013PTC072666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahati Packwell has 58 court cases on record: 57 filed by the company and 1 filed against it. 1 is pending.
Mahati Packwell was incorporated on 20 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mahati Packwell by revenue are Hitec Caartons India Private Limited, Moraya Woodpack India Private Limited, Biyani Packaging Private Limited, United Packaging Solutions (India) Private Limited, Dhanlaxmi Paper Mills Pvt.Ltd. and 2 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Ganapathi Hegde ceased to be Director on 15 Jun 2017. Ganapathi Hegde was appointed as Managing Director on 20 Dec 2013. Shaman Hegde was appointed as Director on 20 Dec 2013.
Mahati Packwell can be reached through the website mahatipackwell.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mahati Packwell is at Shed No.4 Shigehalli Opp. Rashi Layout Behind Bairaveshwara Sawmill Magadi Mai, N Road, Bangalore, Karnataka, India – 560091.