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Modweave International Private Limited - packaging in Viramgam, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹69.01 Cr
▲ 34% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 1.6%
EBITDA · FY 2025
₹3.94 Cr
EBITDA margin 5.7%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹23.27 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
32
Provident fund records
About Modweave International Private Limited
Data last updated:
Modweave International Private Limited is a private limited company based in Viramgam, Gujarat, India, a subsidiary of Platinium Tie-Up Private Limited and recognised as a startup by DPIIT. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 26 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ2020PTC169033. Its GSTIN is 24AANCM7337C1ZH (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Varun Bathwal and Vikash Kailashchandra Agrawal.
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 Viramgam, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹69.01 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 1.6%) and EBITDA of ₹3.94 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹23.27 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Modweave International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-32-0002288). For more details, the company can be reached via its website modernsacks.com.
Company details
CIN U25209GJ2020PTC169033
Registration Number 169033
Incorporation Date 26 August 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Platinium Tie-Up Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-UP-32-0002288
CIN history
Modweave International has one previous CIN (Corporate Identification Number): U25209UP2020PTC133397. The current CIN is U25209GJ2020PTC169033, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209GJ2020PTC169033 | Current |
| U25209UP2020PTC133397 | Previous |
Recognitions & Rankings of Modweave International
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-32-0002288
Contact details
Modweave International Private Limited's registered office is in Viramgam, Gujarat.
- Registered AddressBlock No. 264 (Old Block No. 214), Village Sokli, Viramgam, Gujarat, India – 382150
- IndustryPackaging, Industrial Packaging Solutions
Comprehensive company report
Modweave International 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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Business activity
The main business activity of Modweave International 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 Modweave International Private Limited, buy the company report.
Financials of Modweave International Private Limited
FY 2025 filings availableModweave International Private Limited reported revenue of ₹69.01 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹69.01 Cr ▲ 34%
Net profit · FY 2025
₹1.11 Cr margin 1.6%
EBITDA · FY 2025
₹3.94 Cr margin 5.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 34% growth in the latest year. EBITDA fell 42% 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 | ₹3.94 Cr | ||||
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| Net Profit (PAT) | ₹1.11 Cr | ||||
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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 | 5.7% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Modweave International Private Limited, buy the company report.
Board of directors of Modweave International Private Limited
Modweave International has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Bathwal Also directs: TSB Ventures LLP, Hariom Spinning Mills Ltd., Saket Buildtech Private Limited and 4 more | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Vikash Kailashchandra Agrawal Also directs: Platinium Tie-Up Private Limited | Director | 17 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Modweave International Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Sparsh Laminators Private Limited | ₹69.69 Cr (FY 2025) | -1.0% | Kanpur, Uttar Pradesh, India | |||
| Isbir Mewar Bulk Bag Private Limited | ₹69.01 Cr (FY 2025) | 16.0% | Udaipur, Rajasthan, India | |||
| Modweave International Private Limitedthis company | ₹69.01 Cr (FY 2025) | ₹1.11 Cr | 1.6% | 34.0% | Viramgam, Gujarat, India | |
| FCS Fluoro Carbon Seals Private Limited | ₹68.42 Cr (FY 2024) | 0.0% | Chennai, Tamil Nadu, India | |||
| CK Plastics Private Limited | ₹67.84 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Omni Plast Private Limited | ₹67.31 Cr (FY 2025) | 11.0% | Delhi, India |
To see the full peer comparison of Modweave International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.27 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2021 | 100409573 | State Bank of India | ₹23.27 Cr | Open |
To see the full charge records of Modweave International Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Modweave International Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
To see the full case history of Modweave International 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 Modweave International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modweave International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANCM7337C1ZH | Gujarat | Active | 01 Oct 2020 |
To see the full GST registrations and return filing status of Modweave International Private Limited, buy the company report.
Recent activity
Modweave International Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Krishna Kumar Bathwal ceased to be Additional Director on 30 Mar 2025.
AGM
Modweave International Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 23.27 Cr registered on 08 Jan 2021 with Charge ID 100409573 was modified on 10 Sep 2025.
Filing
Modweave International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Krishna Kumar Bathwal ceased to be Additional Director.
Ceased
Amit Bathwal ceased to be Director.
Appointed
Vikash Kailashchandra Agrawal was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 23.27 Cr with Charge ID 100409573 was registered on 08 Jan 2021.
Appointed
Varun Bathwal was appointed as Director.
Incorporation
26 Aug 2020
Modweave International Private Limited was registered on 26 Aug 2020 with Roc Ahmedabad & aged 6 years 2 months as per MCA records.
Frequently asked questions
Modweave International is an active private limited company based in Viramgam, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 26 August 2020 (6+ years old) and is registered under CIN U25209GJ2020PTC169033.
Modweave International has 2 current directors:
- Varun Bathwal - Director
- Vikash Kailashchandra Agrawal - Director
The latest financial statements of Modweave International on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Modweave International is 24AANCM7337C1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Modweave International is U25209GJ2020PTC169033. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modweave International has 1 court case on record: 1 filed against it. 1 is pending.
Modweave International was incorporated on 26 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Modweave International by revenue are Sparsh Laminators Private Limited, Isbir Mewar Bulk Bag Private Limited, FCS Fluoro Carbon Seals Private Limited, CK Plastics Private Limited, Omni Plast Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Krishna Kumar Bathwal ceased to be Additional Director on 30 Mar 2025. Amit Bathwal ceased to be Director on 17 Jan 2022. Vikash Kailashchandra Agrawal was appointed as Director on 17 Jan 2022. Modweave International has 4 board changes on record in total.
Yes, Modweave International is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Modweave International is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-32-0002288).