
About Manish Packaging Private Limited
Data last updated:
Manish Packaging Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 29 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1997PTC031603. Its GSTIN is 24AABCM6018Q1Z8 (Gujarat).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Mrugesh Surendrabhai Raval and Kekul Vikas 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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹205.61 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹31.38 Cr (net margin 15.3%) and EBITDA of ₹45.16 Cr (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
The company has about 456 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manish Packaging. As per MCA filings, the company has open charges of ₹36.24 Cr and satisfied charges of ₹66.73 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 3 filed against it; 2 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in December 2021. Its 10 peer companies in the Packaging industry (Films and Foils) are compared by revenue, 5 larger and 5 smaller; the largest is Marvel Vinyls Limited. with revenue of ₹235.78 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 34 overdue payments to 19 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 manishfilms.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address902 9th Floor Rajhans Montessa, Dumas Road, Surat, Gujarat, India – 395007
- IndustryPackaging, Packaging Films & Foils
- 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 Manish Packaging Private Limited
The main business activity of Manish Packaging 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 Manish Packaging Private Limited FY 2025 filings available
Manish Packaging Private Limited reported revenue of ₹205.61 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Manish Packaging Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 39% 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 Manish Packaging 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 | ₹45.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹31.38 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 Manish Packaging Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15.3% | •••• | •••• | •••• | •••• |
| 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 Manish Packaging 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 Manish Packaging Private Limited
Manish Packaging Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marvel Vinyls Limited. Listed | ₹235.78 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Bhind, Madhya Pradesh, India |
| Kankriya Enterprises Private Limited | ₹225.7 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, India |
| Jayshri Propack Private Limited | ₹220.42 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Changodar, Gujarat, India |
| Rajat Vinyls Private Limited | ₹209.19 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Raydi Dhoraji, Gujarat, India |
| Manjushree Innovations Private Limited | ₹208.33 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | North Guwahati, Assam, India |
| Manish Packaging Private Limited this company | ₹205.61 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Surat, Gujarat, India |
| Sneham Taping Solutions Private Limited | ₹204 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Belgaum, Karnataka, India |
| VK Global Digital Private Limited | ₹199.91 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Sheetal Mercantile Private Limited | ₹197.47 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Fatehpuri, Delhi, India |
| G L Marketing Private Limited | ₹194.98 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Tapadia Polyesters Private Limited | ₹192.3 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Manish Packaging by revenue in the Packaging industry (Films and Foils), 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 Manish Packaging Private Limited
Manish Packaging Private Limited is audited by DSI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DSI & 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 Manish Packaging Private Limited
Manish Packaging has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mrugesh Surendrabhai Raval | Director | 15 Apr 2004 | 22 Years 5 Months | Current |
| Kekul Vikas Patel | Director | 02 Sep 2019 | 7 Years 1 Months | Current |
| Vikas Kanaiyalal Patel Also directs: Little Crayons Eduworld LLP, Vadhika Ventures LLP | Director | 03 Feb 1997 | 29 Years 8 Months | Current |
Ownership and Shareholding of Manish Packaging 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 Manish Packaging Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2019 | Hdfc Bank Limited | ₹10 Cr | Open |
| 28 Jul 2003 | State Bank of India | ₹26.24 Cr | Open |
| 26 Mar 2013 | Others | ₹10 Cr | Satisfied |
| 15 Dec 2011 | Icici Bank Limited | ₹10 Cr | Satisfied |
| 07 Jun 2010 | Standard Chartered Bank | ₹3.44 Cr | Satisfied |
Total charge records: 11 View all charges
Deals & Funding of Manish Packaging Private Limited
Manish Packaging Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in December 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vikas Traders, 2 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kanaiyalal B Patel HUF |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Dec 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Vikas Metalizers Private Limited , Manish Multi Packfilms Private Limited |
Full deal history
All 7 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 Manish Packaging Private Limited
Manish Packaging Private Limited has 12 court cases on record: 7 filed by Manish Packaging, 3 filed against it, 2 where it is another party. 2 cases are pending and 10 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 1 |
| High courts | 4 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Digital Micron Roto Print Private Limited | Disposed |
| High Court of Gujarat | Appeal | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Court case (SPCS) | Company is another party | Pending |
| District court, SURAT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
Full case history
All 12 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 Manish Packaging Private Limited
Manish Packaging Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 34 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kunal Infotech | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Finix Rubber Works | •••• | •••• | •••• |
| Shital Industries Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
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 Manish Packaging Private Limited
Manish Packaging operates one associated brand: Manish Packaging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of PVC films for packaging and pharmaceuticals. | manishpackaging.net |
Employees and EPFO Compliance at Manish Packaging Private Limited
Manish Packaging Private Limited has a workforce of 456 employees as of Mar 23, 2024.
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 Manish Packaging Private Limited
Manish Packaging Private Limited has 9 board changes on record since 1997: 3 appointments and 6 cessations. The latest: Manish Kanaiyalal Patel ceased to be Director on 01 Sep 2024.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manish Packaging 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 Manish Packaging 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 Manish Packaging Private Limited
Manish Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM6018Q1Z8 | 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 Manish Packaging 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 Manish Packaging Private Limited
Manish Packaging is an active private limited company based in Surat, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 29 January 1997 (29+ years old) and is registered under CIN U25209GJ1997PTC031603.
Manish Packaging reported revenue of ₹205.61 Cr for FY 2025 (down 4% YoY).
Manish Packaging has 3 current directors:
- Mrugesh Surendrabhai Raval - Director
- Kekul Vikas Patel - Director
- Vikas Kanaiyalal Patel - Director
Manish Packaging reported a net profit of ₹31.38 Cr (net margin 15.3%) and EBITDA of ₹45.16 Cr (EBITDA margin 22%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manish Packaging is -3% over three years and 3% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Manish Packaging is 24AABCM6018Q1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Manish Packaging is U25209GJ1997PTC031603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manish Packaging has 12 court cases on record: 7 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Manish Packaging was incorporated on 29 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manish Packaging has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹1.89 Cr; the latest was in December 2021.
The peers of Manish Packaging by revenue are Marvel Vinyls Limited, Kankriya Enterprises Private Limited, Jayshri Propack Private Limited, Rajat Vinyls Private Limited, Manjushree Innovations Private Limited and 5 more, all in the Packaging industry (Films and Foils).
Manish Kanaiyalal Patel ceased to be Director on 01 Sep 2024. Mrugesh Surendrabhai Raval ceased to be Director on 01 Sep 2024. Smit Manish Patel ceased to be Director on 01 Sep 2024. Manish Packaging has 9 board changes on record in total.