MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0039462
Modi Propac Private Limited
Modi Propac Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹154.51 Cr
▲ 22% YoY
Net profit · FY 2025
₹4.4 Cr
Net margin 2.8%
EBITDA · FY 2025
₹7.75 Cr
EBITDA margin 5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹27 Lakh
Issued & subscribed
Open charges
₹19.25 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
5
Provident fund records
About Modi Propac Private Limited
Data last updated:
Modi Propac Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 26 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC111026. Its GSTIN is 24AANCM1083D1ZO (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹27 Lakh. It is led by directors including Ajay Shrikishan Modi and Aayush Ajay Modi.
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 278 New Cloth Market O/S Raipur Gate Sarangpur, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹154.51 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.4 Cr (net margin 2.8%) and EBITDA of ₹7.75 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Modi Propac. As per MCA filings, the company has open charges of ₹19.25 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2023. Its 4 peer companies in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Srichakra Containers Private Limited with revenue of ₹167.26 Cr.
Modi Propac Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0039462).
Company details
CIN U74999GJ2019PTC111026
Registration Number 111026
Incorporation Date 26 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0039462
Recognitions & Rankings of Modi Propac
Contact details
Modi Propac Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address278 New Cloth Market O/S Raipur Gate Sarangpur, Ahmedabad, Gujarat, India – 380001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Modi Propac Private Limited, buy the company report.
Comprehensive company report
Modi Propac Private Limited - one report that includes everything
- 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
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Brands
Modi Propac operates one associated brand: Modi Propac. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of PP/BOPP fabric and bags for agricultural and industrial packaging. | modipropac.com |
Business activity
The main business activity of Modi Propac is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Modi Propac Private Limited, buy the company report.
Financials of Modi Propac Private Limited
FY 2024 filings availableModi Propac Private Limited reported revenue of ₹154.51 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹154.51 Cr ▲ 22%
Net profit · FY 2025
₹4.4 Cr margin 2.8%
EBITDA · FY 2025
₹7.75 Cr margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 17%
5 years · compounded
▲ 205%
Revenue has grown at a compounded annual rate (CAGR) of 3% over three years, including 22% growth in the latest year. EBITDA rose 35% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Modi Propac Private Limited, buy the company report.
Board of directors of Modi Propac Private Limited
Modi Propac has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Shrikishan Modi Also directs: Lovin Polymers LLP | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Aayush Ajay Modi Also directs: Supra Techx LLP | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Anuj Ajay Modi Also directs: Supra Techx LLP | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Modi Propac Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srichakra Containers Private Limited | ₹167.26 Cr (FY 2025) | 7.0% | Mangalore, Karnataka, India | |||
| Modi Propac Private Limitedthis company | ₹154.51 Cr (FY 2025) | ₹4.4 Cr | 2.8% | 22.0% | 5 | Ahmedabad, Gujarat, India |
| S.S.V. Fab Industries Private Limited | ₹150.34 Cr (FY 2024) | -29.0% | Hyderabad, Telangana, India | |||
| Satyendra Fibc Private Limited | ₹149.51 Cr (FY 2025) | 29.0% | Sarsa, Gujarat, India | |||
| Priyadarshini Polysacks Limited | ₹148.57 Cr (FY 2025) | -8.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Modi Propac Private Limited, buy the company report.
Auditor
Modi Propac Private Limited is audited by R Choudhary & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Choudhary & Associates | FY 2022 | 101928W |
Shareholding
The shareholding of Modi Propac Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Modi Propac Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2020 | 100335297 | Hdfc Bank Limited | ₹19.25 Cr | Open |
To see the full charge records of Modi Propac Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Modi Propac Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2023.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Modi Propac Private Limited 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 Modi Propac Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modi Propac Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-28.57%
GST
Modi Propac has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM1083D1ZO | Gujarat | Active | 11 Jan 2020 |
To see the full GST registrations and return filing status of Modi Propac Private Limited, buy the company report.
Recent activity
Modi Propac Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Anuj Ajay Modi was appointed as Director on 15 Mar 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 19.25 Cr registered on 19 Mar 2020 with Charge ID 100335297 was modified on 28 Oct 2024.
AGM
Modi Propac Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Modi Propac Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Anuj Ajay Modi was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 19.25 Cr with Charge ID 100335297 was registered on 19 Mar 2020.
Appointed
Aayush Ajay Modi was appointed as Director.
Appointed
Ajay Shrikishan Modi was appointed as Director.
Incorporation
26 Nov 2019
Modi Propac Private Limited was registered on 26 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Modi Propac is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 26 November 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC111026.
Modi Propac has 3 current directors:
- Ajay Shrikishan Modi - Director
- Aayush Ajay Modi - Director
- Anuj Ajay Modi - Director
The latest financial statements of Modi Propac 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 FY 2020 are in the company report.
The GSTIN of Modi Propac is 24AANCM1083D1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Modi Propac is U74999GJ2019PTC111026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Propac was incorporated on 26 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Modi Propac has 1 deal on record (1 secondary share transfer); the latest was in March 2023.
The peers of Modi Propac by revenue are Srichakra Containers Private Limited, S.S.V. Fab Industries Private Limited, Satyendra Fibc Private Limited, Priyadarshini Polysacks Limited, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anuj Ajay Modi was appointed as Director on 15 Mar 2022. Aayush Ajay Modi was appointed as Director on 26 Nov 2019. Ajay Shrikishan Modi was appointed as Director on 26 Nov 2019.
Yes, Modi Propac is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0039462).
The registered office of Modi Propac is at 278 New Cloth Market OS Raipur Gate Sarangpur, Ahmedabad, Gujarat, India – 380001.
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