About Montage Enterprises Private Limited
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Montage Enterprises Private Limited is a private limited company based in Delhi, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 08 April 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74950DL2002PTC114886. Its GSTIN is 07AACCM8173H3Z8 (Delhi). The company holds 8 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹170 Cr and a paid-up capital of ₹113.14 Cr. It is led by directors Abhijit Giri (Whole-Time Director) and Prashant Kumar Singh.
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 205 2nd Floor V – 4 Mayur Plaza – 2 Local Shopping Center Mayur Vihar Phase, 1, Delhi, India – 110091.
As per the financials filed for FY 2024, the company reported a revenue of ₹2,341.88 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹95.98 Cr (net margin -4.1%) and EBITDA of ₹3.05 Cr (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 1,367 employees on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹358.49 Cr and satisfied charges of ₹489.61 Cr on record. Court records list 147 cases involving the company, including 44 filed by the company and 103 filed against it; 41 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹207.5 Cr; the latest was in March 2024. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 1,476 overdue payments to 74 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 montageind.com.
Company details
Contact details
Montage Enterprises Private Limited's registered office is in Delhi, Delhi. Its website is montageind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 2nd Floor V – 4 Mayur Plaza – 2 Local Shopping Center Mayur Vihar Phase, 1, Delhi, India – 110091
- IndustryPackaging, Laminated & Corrugated Packaging, Packaging Films & Foils, Paper
To see the full contact details of Montage Enterprises 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
Business activity
The main business activity of Montage Enterprises 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 Montage Enterprises Private Limited, buy the company report.
Financials of Montage Enterprises Private Limited
FY 2024 filings availableMontage Enterprises Private Limited reported revenue of ₹2,341.88 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 12% fall in the latest year. EBITDA rose 115% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.05 Cr | ||||
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| Net Profit (PAT) | -₹95.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | -4.1% | ||||
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To see the full financial statements and ratios of Montage Enterprises Private Limited, buy the company report.
Board of directors of Montage Enterprises Private Limited
Montage Enterprises has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Kumar Singh Also directs: Manushree Creations Private Limited, Montage Industries Private Limited, Shanaya Energy Solutions Private Limited and 5 more | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Abhijit Giri Also directs: Manushree Creations Private Limited, Eastcoast Star Hotel Private Limited, Silvonex Complex Private Limited and 5 more | Whole-Time Director | 24 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Montage Enterprises Private Limited is audited by PVR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVR & CO. | FY 2023 | 013191N |
Shareholding
The shareholding of Montage Enterprises Private Limited 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 Montage Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2023 | 100833121 | Others | ₹47.58 Lakh | Open | |
| 30 Sep 2022 | 100650564 | Others | ₹18 Lakh | Open | |
| 26 May 2022 | 100581726 | Yes Bank Limited | ₹6.64 Cr | Open | |
| 08 Apr 2022 | 100570671 | Others | ₹42.6 Lakh | Open | |
| 25 Jun 2021 | 100487833 | Others | ₹74.1 Cr | Open |
To see the full charge records of Montage Enterprises Private Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Montage Enterprises Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹207.5 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Uflex Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: Uflex Limited |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: Silvonex Complex Private Limited Seller: Beetal Vyapaar Private Limited, Adhyay Equi Pref Pvt. Ltd. |
| Oct 2008 | Secondary share transfer | Undisclosed | Buyer: Ultra Laminates Private Limited Seller: 3 individuals |
| Mar 2007 | Funding round | ₹20 Cr | Investors: Adhyay Equi Pref Pvt. Ltd. |
To see the full deal history of Montage Enterprises Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Montage Enterprises Private Limited has 147 court cases on record: 44 filed by Montage Enterprises, 103 filed against it. 41 cases are pending and 106 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 86 | 62 | 17 |
| District courts | 55 | 38 | 24 |
| Supreme Court | 5 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 147)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2402-Indirect Taxation : Central Excise Act, Central Excise Tariff Act) | Filed against the company by Commissioner of Ce and CGST, Jammu | Disposed |
| District court, East, Delhi | Commercial suit | Filed by the company against Vama Oil Pvt Ltd | Pending |
| District court, East, Delhi | Commercial suit | Filed by the company against M/S RM Dairy Products LLP and 1 other | Pending |
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed by the company against Champion Finsec Ltd & Ors. | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Alpha Lasertek India LLP | Disposed |
To see the full case history of Montage Enterprises 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.
Credit ratings & regulatory alerts
Montage Enterprises Private Limited was last rated by Crisil on 11 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Sep 2020 |
To see the full credit ratings and regulatory alerts of Montage Enterprises Private Limited, buy the company report.
MSME payment delays
Montage Enterprises Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 1,476 overdue payments to 74 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 74)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shalkoot Mechanique Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Unique Uv and Light Private Limited |
To see the full MSME payment records of Montage Enterprises Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Montage Enterprises has 7 subsidiary companies and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Montage Global Private Limited | U16008DL2001PTC300941 | |
| Ashian Needles Private Limited | U33112DL1996PTC082788 | |
| Samavist Energy Solutions Private Limited | U40102UP2013PTC059326 | |
| Utech Developers Private Limited | U45200DL2006PTC156675 | |
| SD Buildwell Private Limited | U45400DL2008PTC174387 | |
| Ganadhipati Mercantiles Pvt Ltd | U51909DL1995PTC284499 |
To see the full group structure of Montage Enterprises Private Limited, buy the company report.
Employees & EPFO
Montage Enterprises Private Limited has a workforce of 1,367 employees on its EPFO records as of Apr 07, 2024, across 5 active EPFO establishments.
GST
Montage Enterprises has 8 GST registrations: 4 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM8173H3Z8 | Delhi | Active | 21 Sep 2017 |
| 07AACCM8173H4Z7 | Delhi | Active | 30 Sep 2022 |
| 23AACCM8173H1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AACCM8173H1Z8 | Maharashtra | Active | 29 Aug 2017 |
To see the full GST registrations and return filing status of Montage Enterprises Private Limited, buy the company report.
Recent activity
Montage Enterprises Private Limited has 16 board changes on record since 2002: 9 appointments and 7 cessations. The latest: Arvind Gupta ceased to be Director on 31 Oct 2023.
77 earlier events are in the company report.
Frequently asked questions
Montage Enterprises is an active private limited company based in Delhi, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 08 April 2002 (24+ years old) and is registered under CIN U74950DL2002PTC114886.
Montage Enterprises has 2 current directors:
- Abhijit Giri - Whole-Time Director
- Prashant Kumar Singh - Director
The latest financial statements of Montage Enterprises 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 2015 are in the company report.
The GSTIN of Montage Enterprises is 07AACCM8173H3Z8, registered in Delhi. The company has 8 GST registrations in all, of which 4 are active and 4 are cancelled or inactive. Other active GSTINs include 07AACCM8173H4Z7 (Delhi), 23AACCM8173H1ZG (Madhya Pradesh), 27AACCM8173H1Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Montage Enterprises is U74950DL2002PTC114886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Montage Enterprises has 147 court cases on record: 44 filed by the company and 103 filed against it. 41 are pending. Most are in the high courts.
Montage Enterprises was incorporated on 08 April 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Montage Enterprises has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹207.5 Cr; the latest was in March 2024.
Arvind Gupta ceased to be Director on 31 Oct 2023. Aashish Negi ceased to be Company Secretary on 31 Jul 2023. Aashish Negi was appointed as Company Secretary on 20 Mar 2023. Montage Enterprises has 16 board changes on record in total.
Montage Enterprises has 4 MSME Form 1 returns on record between 2019 and 2021, listing 1,476 overdue payments to 74 micro and small suppliers. The latest return was filed on 01 Sep 2021.
Montage Enterprises can be reached through the website montageind.com. Its registered office is in Delhi, India.