Multi-Flex Lami-Print Limited
About Multi-Flex Lami-Print Limited
Data last updated:
Multi-Flex Lami-Print Limited is a public limited company based in Raigad, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 12 March 1991.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22219MH1991PLC060717. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.17 Cr. It is led by directors including Anil Kundanlal Dang (Managing Director) and Phootermal Pukhraj Surana.
Its last annual general meeting (AGM) was held on 28 September 2012, and its latest financial statements are for the year ended 31 March 2012. The registered office is at D – 54 – 55 MIDC Mahad, Raigad, Maharashtra, India.
As per MCA filings, the company has open charges of ₹388.95 Cr and satisfied charges of ₹58.55 Cr on record. Court records list 83 cases involving the company, including 15 filed by the company and 68 filed against it; 9 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹23.7 Cr; the latest was in September 2011.
Company details
CIN history
Multi-Flex Lami-Print has one previous CIN (Corporate Identification Number): L22219MH1991PLC060717. The current CIN is U22219MH1991PLC060717, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U22219MH1991PLC060717 | Current |
| L22219MH1991PLC060717 | Previous |
Contact details
Multi-Flex Lami-Print Limited's registered office is in Raigad, Maharashtra.
- Registered AddressD – 54 – 55 MIDC Mahad, Raigad, Maharashtra, India
- 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
Financials of Multi-Flex Lami-Print Limited
FY 2012 filings availableFinancial Statement Summary
| Metrics | FY 2011-12 |
|---|---|
| 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 | |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | |
| 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 2011-12 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 Multi-Flex Lami-Print Limited, buy the company report.
Board of directors of Multi-Flex Lami-Print Limited
Multi-Flex Lami-Print has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Phootermal Pukhraj Surana | Director | 24 Oct 1991 | 35 Years 0 Months | As last reported |
| Vijay Rajaram Shahane | Additional Director | 01 Dec 2000 | 25 Years 10 Months | As last reported |
| Anil Kundanlal Dang | Managing Director | 12 Jan 1995 | 31 Years 9 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2013 | 10476827 | Axis Trustee Services Limited | ₹117.5 Cr | Open | |
| 01 Apr 2013 | 10428645 | Sbi Global Factors Limited | ₹25 Cr | Open | |
| 22 Mar 2013 | 10421440 | Others | ₹82.5 Cr | Open | |
| 01 Mar 2012 | 10350293 | Punjab National Bank | ₹11.33 Cr | Open | |
| 23 Jan 2012 | 10332550 | Religare Finvest Limited | ₹2 Cr | Open |
To see the full charge records of Multi-Flex Lami-Print Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Multi-Flex Lami-Print Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹23.7 Cr; the latest was in September 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Ventura Securities Limited , Multi-Flex Financial Services Private Limited , Excel Information Tehcnology Limited Seller: Altico Advisors Limited , Others Multi-flex Lami-Print Limited |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: Mission Packaging Industries Limited , Altico Capital India, V.C. Distributors Private Limited Seller: Excel Information Tehcnology Limited , Multi-Flex Financial Services Private Limited , Others Multi-flex Lami-Print Limited, an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Mission Packaging Industries Limited Seller: 4 individuals |
| Sep 2006 | Funding round | ₹23.7 Cr | Investors: Altico Capital India, Anil Dang HUF, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Multi-Flex Lami-Print Limited has 83 court cases on record: 15 filed by Multi-Flex Lami-Print, 68 filed against it. 9 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 42 | 9 |
| High courts | 33 | 25 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 83)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed against the company by Sbi Factors Ltd Formerly Known As Sbi Global Factors Ltd and 1 other | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Vimal Intertrade Pvt Ltd | Pending |
| Bombay High Court | Court case (CHSCD) | Filed against the company by Ifci Factors Ltd | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Ifci Factors Ltd,Through Its Authorised Signatory Lalit Narayan Joshi | Disposed |
| Bombay High Court | Appeal | Filed against the company by M/S Vimal Intertrade Pvt Ltd | Disposed |
To see the full case history of Multi-Flex Lami-Print 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 Multi-Flex Lami-Print Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Multi-Flex Lami-Print has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Multi-Flex Lami-Print Limited, buy the company report.
Recent activity
Multi-Flex Lami-Print Limited has 15 board changes on record since 1991: 3 appointments and 12 cessations. The latest: Sajid Siraj Malik ceased to be Director on 08 Aug 2014.
53 earlier events are in the company report.
Frequently asked questions
Multi-Flex Lami-Print is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Multi-Flex Lami-Print is a company under insolvency, formerly operating as a public limited company based in Raigad, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 12 March 1991 and is registered under CIN U22219MH1991PLC060717. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Multi-Flex Lami-Print has 3 current directors:
- Anil Kundanlal Dang - Managing Director
- Phootermal Pukhraj Surana - Director
- Vijay Rajaram Shahane - Additional Director
The latest financial statements of Multi-Flex Lami-Print on record with the MCA are for the year ended 31 March 2012. Its last annual general meeting was held on 28 September 2012. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Multi-Flex Lami-Print is U22219MH1991PLC060717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multi-Flex Lami-Print has open charges of ₹388.95 Cr and satisfied charges of ₹58.55 Cr as per latest MCA filings.
Multi-Flex Lami-Print has 83 court cases on record: 15 filed by the company and 68 filed against it. 9 are pending. Most are in the district courts.
Multi-Flex Lami-Print was incorporated on 12 March 1991. It is registered with the Registrar of Companies, Mumbai.
Multi-Flex Lami-Print has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹23.7 Cr; the latest was in September 2011.
Sajid Siraj Malik ceased to be Director on 08 Aug 2014. Mahesh Ganeshlal Trivedi ceased to be Additional Director on 03 Jan 2013. Shrigopal Ramprasad Rathi ceased to be Additional Director on 03 Jan 2013. Multi-Flex Lami-Print has 15 board changes on record in total.