
About Manav Packaging Industries Pvt Ltd
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Manav Packaging Industries Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 11 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U21014MH1985PTC036557. Its GSTIN is 27AABCM1824A1Z3 (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors Surendrakumar Ghuwalewala (Managing Director) and Kusum Ghuwalewala.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Balaji Packaging Industries Plot No. 76/77 D – 3 Block MIDC Chinchwad, Pune, Maharashtra, India – 411019.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Cr, a decline of 55% compared to the previous year. For the same year it recorded a net profit of ₹99.34 Lakh (net margin 73.2%) and EBITDA of ₹1.25 Cr (EBITDA margin 92.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹7.85 Cr and satisfied charges of ₹13.67 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website balajipackagingindustries.in.
Company details
Contact details
Manav Packaging Industries Pvt Ltd's registered office is in Pune, Maharashtra. Its website is balajipackagingindustries.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O. Balaji Packaging Industries Plot No. 76/77 D – 3 Block MIDC Chinchwad, Pune, Maharashtra, India – 411019
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Manav Packaging Industries Pvt Ltd, 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
Financials of Manav Packaging Industries Pvt Ltd
FY 2025 filings availableManav Packaging Industries Pvt Ltd reported revenue of ₹1.36 Cr (down 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 55% fall in the latest year. EBITDA fell 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.25 Cr | ||||
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| Net Profit (PAT) | ₹99.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 92.1% | ||||
| Net Profit Margin | 73.2% | ||||
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To see the full financial statements and ratios of Manav Packaging Industries Pvt Ltd, buy the company report.
Board of directors of Manav Packaging Industries Pvt Ltd
Manav Packaging Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusum Ghuwalewala | Director | 11 Jun 1985 | 41 Years 4 Months | Current |
| Surendrakumar Ghuwalewala | Managing Director | 11 Jun 1985 | 41 Years 4 Months | Current |
Peer comparison
Manav Packaging Industries Pvt Ltd is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Paramount Corrugators Private Limited | ₹1.36 Cr (FY 2024) | 40.0% | Coimbatore, Tamil Nadu, India | |||
| Bankco Packaging (India) Pvt.Ltd. | ₹1.36 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Manav Packaging Industries Pvt Ltdthis company | ₹1.36 Cr (FY 2025) | ₹99.34 Lakh | 73.2% | -55.0% | Pune, Maharashtra, India | |
| Samta Packaging Pvt Ltd | ₹1.34 Cr (FY 2024) | -19.0% | Kolkata, West Bengal, India | |||
| KPM Packs Private Limited | ₹1.34 Cr (FY 2024) | -54.0% | Delhi, India | |||
| Blue Chip Exim Private Limited | ₹1.33 Cr (FY 2025) | 3.0% | New, Delhi, India |
To see the full peer comparison of Manav Packaging Industries Pvt Ltd, buy the company report.
Auditor
Manav Packaging Industries Pvt Ltd is audited by Shah Khandelwal Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Khandelwal Jain & Associates | FY 2023 | 142740W |
Shareholding
The shareholding of Manav Packaging Industries Pvt Ltd 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) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manav Packaging Industries Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2015 | 10584627 | Kotak Mahindra Bank Limited | ₹7.85 Cr | Open | |
| 31 Jan 2013 | 10407131 | Dcb Bank Limited | ₹7.89 Cr | Satisfied | |
| 11 Jan 2010 | 10200327 | Bank of India | ₹3.75 Cr | Satisfied | |
| 29 Dec 2005 | 80056789 | Bank of India | ₹70 Lakh | Satisfied | |
| 04 Dec 1998 | 90090834 | State Bank of India | ₹71 Lakh | Satisfied |
To see the full charge records of Manav Packaging Industries Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Manav Packaging Industries Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manav Packaging Industries Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manav Packaging Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM1824A1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manav Packaging Industries Pvt Ltd, buy the company report.
Recent activity
Manav Packaging Industries Pvt Ltd has 8 board changes on record since 1985: 5 appointments and 3 cessations. The latest: Chetan Surendrakumar Ghuwalewala ceased to be Director on 28 May 2019.
12 earlier events are in the company report.
Frequently asked questions
Manav Packaging Industries is an active private limited company based in Pune, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 11 June 1985 (41+ years old) and is registered under CIN U21014MH1985PTC036557.
Manav Packaging Industries has 2 current directors:
- Surendrakumar Ghuwalewala - Managing Director
- Kusum Ghuwalewala - Director
The latest financial statements of Manav Packaging Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manav Packaging Industries is 27AABCM1824A1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manav Packaging Industries is U21014MH1985PTC036557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manav Packaging Industries was incorporated on 11 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Manav Packaging Industries by revenue are Paramount Corrugators Private Limited, Bankco Packaging (India) Pvt.Ltd, Samta Packaging Pvt Ltd, KPM Packs Private Limited, Blue Chip Exim Private Limited, 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).
Chetan Surendrakumar Ghuwalewala ceased to be Director on 28 May 2019. Manav Surendrakumar Ghuwalewala ceased to be Director on 28 May 2019. Meeta Manav Ghuwalewala ceased to be Director on 28 May 2019. Manav Packaging Industries has 8 board changes on record in total.
Manav Packaging Industries can be reached through the website balajipackagingindustries.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Manav Packaging Industries is at CO. Balaji Packaging Industries Plot No. 7677 D – 3 Block MIDC Chinchwad, Pune, Maharashtra, India – 411019.
Manav Packaging Industries operates in the packaging industry, in the laminated and corrugated packaging segment.

