MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-DD-01-0000701
Nova Flexipack Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.42 Cr
▼ 25% YoY
Net profit · FY 2024
₹24.66 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹1.14 Cr
EBITDA margin 2.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.06 Cr
Issued & subscribed
Open charges
₹7.27 Cr
Satisfied ₹14.56 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
55
Provident fund records
About Nova Flexipack Private Limited
Data last updated:
Nova Flexipack Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 08 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1995PTC092509. Its GSTIN is 26AAACN3161C1ZZ (Daman & Diu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.06 Cr. It was formerly known as Nova Flexipack Limited. It is led by directors Nehal Paresh Kothari and Krish Nehal Kothari.
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 139 Seksaria Chambers 3rd Flrnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.42 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹24.66 Lakh (net margin 0.6%) and EBITDA of ₹1.14 Cr (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nova Flexipack. As per MCA filings, the company has open charges of ₹7.27 Cr and satisfied charges of ₹14.56 Cr on record. Court records list 35 cases involving the company, including 27 filed by the company and 8 filed against it; 4 cases are pending.
Nova Flexipack Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DD-01-0000701). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website novaflexipack.in.
Company details
CIN U25209MH1995PTC092509
Registration Number 092509
Incorporation Date 08 September 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DD-01-0000701
CIN history
Nova Flexipack has one previous CIN (Corporate Identification Number): U25209MH1995PLC092509. The current CIN is U25209MH1995PTC092509, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209MH1995PTC092509 | Current |
| U25209MH1995PLC092509 | Previous |
Recognitions & Rankings of Nova Flexipack
Contact details
Nova Flexipack Private Limited's registered office is in Mumbai, Maharashtra. Its website is novaflexipack.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address139 Seksaria Chambers 3rd Flrnagindas Master Road Fort, Mumbai, Maharashtra, India – 400023
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Nova Flexipack Private Limited, buy the company report.
Comprehensive company report
Nova Flexipack 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
Nova Flexipack operates one associated brand: Nova Flexipack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| novaflexipack.in |
Business activity
The main business activity of Nova Flexipack 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 Nova Flexipack Private Limited, buy the company report.
Financials of Nova Flexipack Private Limited
FY 2024 filings availableNova Flexipack Private Limited reported revenue of ₹39.42 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹39.42 Cr ▼ 25%
Net profit · FY 2024
₹24.66 Lakh margin 0.6%
EBITDA · FY 2024
₹1.14 Cr margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 5%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 50%
3 years · compounded
▼ 37%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 25% fall in the latest year. EBITDA rose 50% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nova Flexipack Private Limited, buy the company report.
Board of directors of Nova Flexipack Private Limited
Nova Flexipack has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehal Paresh Kothari Also directs: Nova Biopack LLP, K2 Hospitality & Services Private Limited, Avon Builders and Consulting Engineers Private Limited and 1 more | Director | 07 Dec 2004 | 21 Years 10 Months | Current |
| Krish Nehal Kothari Also directs: Nova Biopack LLP | Director | 29 Jul 2024 | 2 Years 2 Months | Current |
Peer comparison
Nova Flexipack Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| GSN Global Films Private Limited | ₹39.73 Cr (FY 2024) | 5.0% | Howrah, West Bengal, India | |||
| Nova Flexipack Private Limitedthis company | ₹39.42 Cr (FY 2024) | ₹24.66 Lakh | 0.6% | -25.0% | 55 | Mumbai, Maharashtra, India |
| Prakash Shrink Pack India Private Limited | ₹39.3 Cr (FY 2025) | 172.0% | Haryana, India | |||
| Nylofilms Private Limited | ₹39.1 Cr (FY 2024) | -15.0% | Bangalore, Karnataka, India | |||
| Shree Maa Roll Wrap Private Limited | ₹38.42 Cr (FY 2024) | 3.0% | Delhi, India |
To see the full peer comparison of Nova Flexipack Private Limited, buy the company report.
Auditor
Nova Flexipack Private Limited is audited by J M DOSHI AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M DOSHI AND CO. | FY 2023 | 118827W |
Shareholding
The shareholding of Nova Flexipack 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 Nova Flexipack Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.27 Cr
Satisfied charges
₹14.56 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2018 | 100173571 | Others | ₹1.71 Cr | Open | |
| 06 Jan 2018 | 100149215 | Others | ₹1.75 Cr | Open | |
| 06 Jan 2018 | 100149216 | Others | ₹2.25 Cr | Open | |
| 02 Jan 2018 | 100149214 | Others | ₹1.56 Cr | Open | |
| 28 Sep 2012 | 10487312 | The Saraswat Cooperative Bank Ltd | ₹2.25 Cr | Satisfied |
To see the full charge records of Nova Flexipack Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Nova Flexipack Private Limited has 35 court cases on record: 27 filed by Nova Flexipack, 8 filed against it. 4 cases are pending and 31 are disposed.
Total cases
35
Filed by the company
27
Filed against the company
8
Pending
4
Disposed
31
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 4 | 0 |
| High courts | 11 | 4 | 4 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against M/S Parikh Packaging Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M S Parikh Packaging Pvt Ltd | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against M/S Parikh Packaging Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against M/S Parikh Packaging Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Anr | Pending |
To see the full case history of Nova Flexipack 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
Nova Flexipack Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| J.J. Plastalloy Private Limited |
To see the full MSME payment records of Nova Flexipack Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nova Flexipack Private Limited has a workforce of 55 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
55
Active EPFO establishments
2
Employee growth
14.58%
GST
Nova Flexipack has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACN3161C1ZZ | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Nova Flexipack Private Limited, buy the company report.
Recent activity
Nova Flexipack Private Limited has 10 board changes on record since 2002: 6 appointments and 4 cessations. The latest: Vijay Kantilal Thanawala ceased to be Director on 05 Sep 2024.
AGM
Nova Flexipack Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Vijay Kantilal Thanawala ceased to be Director.
Appointed
Krish Nehal Kothari was appointed as Director.
Filing
Nova Flexipack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Paresh Virendra Kothari ceased to be Director.
Ceased
Vishwa Bhushan Kedarnath Tandon ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.71 Cr with Charge ID 100173571 was registered on 06 Apr 2018.
Charges
A charge registered on 28 Sep 2012 via Charge ID 10487312 with The Saraswat Cooperative Bank Ltd was fully satisfied on 15 Jan 2018.
Charges
A charge registered on 23 Jan 2003 via Charge ID 90158095 with The Saraswat Co-Operative Bank Ltd was fully satisfied on 15 Jan 2018.
Charges
A charge registered on 09 Nov 2001 via Charge ID 90157827 with The Saraswat Co - Operative Bank Ltd. was fully satisfied on 15 Jan 2018.
Charges
A charge registered on 31 May 1999 via Charge ID 90157184 with The Sarwaswat Co-Operative Bank Ltd was fully satisfied on 15 Jan 2018.
Charges
A charge registered on 05 May 1998 via Charge ID 90156865 with The Sarwaswat Co-Operative Bank Ltd was fully satisfied on 15 Jan 2018.
37 earlier events are in the company report.
Frequently asked questions
Nova Flexipack is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 08 September 1995 (31+ years old) and is registered under CIN U25209MH1995PTC092509.
Nova Flexipack has 2 current directors:
- Nehal Paresh Kothari - Director
- Krish Nehal Kothari - Director
The latest financial statements of Nova Flexipack 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 Nova Flexipack is 26AAACN3161C1ZZ, registered in Daman & Diu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nova Flexipack is U25209MH1995PTC092509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nova Flexipack has 35 court cases on record: 27 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Nova Flexipack was incorporated on 08 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nova Flexipack by revenue are GSN Global Films Private Limited, Prakash Shrink Pack India Private Limited, Nylofilms Private Limited, Shree Maa Roll Wrap Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Vijay Kantilal Thanawala ceased to be Director on 05 Sep 2024. Krish Nehal Kothari was appointed as Director on 29 Jul 2024. Paresh Virendra Kothari ceased to be Director on 08 May 2021. Nova Flexipack has 10 board changes on record in total.
Yes, Nova Flexipack is registered as a medium enterprise under Udyam registration (number: UDYAM-DD-01-0000701).
Nova Flexipack has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Oct 2021.
Nova Flexipack can be reached through the website novaflexipack.in. Its registered office is in Mumbai, Maharashtra, India.