Mass Packsols Private Limited
About Mass Packsols Private Limited
Data last updated:
Mass Packsols Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 20 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2009PTC058639. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10.25 Cr and a paid-up capital of ₹8.25 Cr. It is led by directors including Shanubhai Madhubhai Patel and Arvindbhai Madhubhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 9 Kalapi Avenue First Floor B/H Malhar Point Opp Vaccine Institute Old Padra Road, Vadodara, Gujarat, India – 390015.
As per the financials filed for FY 2015, the company reported a revenue of ₹5.71 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹5.91 Cr (net margin -103.4%) and EBITDA of ₹66 Lakh (EBITDA margin 11.6%).
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹47.07 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 14 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mass Packsols Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address9 Kalapi Avenue First Floor B/H Malhar Point Opp Vaccine Institute Old Padra Road, Vadodara, Gujarat, India – 390015
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Mass Packsols 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
Financials of Mass Packsols Private Limited
FY 2015 filings availableMass Packsols Private Limited reported revenue of ₹5.71 Cr (down 66% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year. EBITDA rose 78% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹5.71 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹66 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹5.91 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 11.6% |
| Net Profit Margin | -103.4% |
| 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 | |
To see the full financial statements and ratios of Mass Packsols Private Limited, buy the company report.
Board of directors of Mass Packsols Private Limited
Mass Packsols has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanubhai Madhubhai Patel Also directs: Mass Infrastructure Private Limited | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
| Arvindbhai Madhubhai Patel Also directs: Mass Infrastructure Private Limited | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
| Ranjanben Arvindbhai Patel Also directs: Mass Infrastructure Private Limited | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Mass Packsols Private Limited is audited by RUSHABH KAMDAR & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUSHABH KAMDAR & ASSOCIATES | FY 2015 | 127065W |
Shareholding
The shareholding of Mass Packsols Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mass Packsols Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2015 | 10565126 | Karnataka Bank Ltd. | ₹7 Cr | Satisfied | |
| 31 Mar 2015 | 10565131 | Karnataka Bank Ltd. | ₹3.7 Cr | Satisfied | |
| 15 Apr 2011 | 10284326 | Karnataka Bank Ltd. | ₹2.83 Cr | Satisfied | |
| 16 Nov 2010 | 10251814 | Karnataka Bank Limited | ₹15.6 Cr | Satisfied | |
| 10 Nov 2010 | 10249129 | Karnataka Bank Ltd. | ₹17.94 Cr | Satisfied |
To see the full charge records of Mass Packsols Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mass Packsols Private Limited has 15 court cases on record: 1 filed by Mass Packsols, 14 filed against it. 8 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 7 |
| High courts | 2 | 1 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Court case (SPCS) | Filed against the company by Hubetgroup India Pvt. Ltd. (Formely Known As Micro Inks Pvt. Ltd.) | Disposed |
| High Court, GUJARAT | Court case (SCR.A) | Filed by the company against State of Gujarat and 1 other | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Valsad, Gujarat | Civil suit | Filed against the company by Aksha Polipack Pvt Ltd Pro.Tajuddin Abdul Aziz Damanvala | Disposed |
To see the full case history of Mass Packsols 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 Mass Packsols Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mass Packsols Private Limited has a workforce of 15 employees on its EPFO records as of Nov 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 15 |
| FY 2016-17 |
To see the full employee and EPFO history of Mass Packsols Private Limited, buy the company report.
GST
Mass Packsols has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mass Packsols Private Limited, buy the company report.
Recent activity
Mass Packsols Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Moni Arvindbhai Patel ceased to be Director on 01 Jun 2021.
8 earlier events are in the company report.
Frequently asked questions
Mass Packsols is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 20 November 2009 (17+ years old) and is registered under CIN U25202GJ2009PTC058639.
Mass Packsols has 3 current directors:
- Shanubhai Madhubhai Patel - Director
- Arvindbhai Madhubhai Patel - Director
- Ranjanben Arvindbhai Patel - Director
The latest financial statements of Mass Packsols on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Mass Packsols has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mass Packsols is U25202GJ2009PTC058639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mass Packsols has 15 court cases on record: 1 filed by the company and 14 filed against it. 8 are pending. Most are in the district courts.
Mass Packsols was incorporated on 20 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Moni Arvindbhai Patel ceased to be Director on 01 Jun 2021. Arvindbhai Madhubhai Patel was appointed as Director on 20 Nov 2009. Ranjanben Arvindbhai Patel was appointed as Director on 20 Nov 2009. Mass Packsols has 4 board changes on record in total.
The registered office of Mass Packsols is at 9 Kalapi Avenue First Floor BH Malhar Point Opp Vaccine Institute Old Padra Road, Vadodara, Gujarat, India – 390015.
Mass Packsols operates in the packaging industry, in the industrial packaging solutions segment.
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