About Parikh Packaging Private Limited
Data last updated:
Parikh Packaging Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Constantia Flexibles Sales B.V. (Formerly Known As Gpc Holdings B.V.). It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 22 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25209GJ1999PTC036763. Its GSTIN is 24AABCP7894F1Z6 (Gujarat).
The company has an authorised share capital of ₹327 Cr and a paid-up capital of ₹316.81 Cr. It is led by directors including Manoj Kumar and Amit Shah.
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 Opp Rotomac Pens Sarkhej – Bavla Highway Village.Moraiya Tal; Sanand, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹230.23 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹137.12 Cr (net margin -59.6%) and EBITDA of -₹124.65 Cr (EBITDA margin -54.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 6% over five years.
The company has about 264 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Parikh Packaging and Constantia Flexibles. As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹119.76 Cr on record. Court records list 32 cases involving the company, including 8 filed by the company and 24 filed against it; 2 cases are pending. The company has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹57.1 Cr; the latest was in November 2020. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Bsa Polycontainer Private Limited with revenue of ₹248.79 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 384 overdue payments to 92 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 cflex.com.
Company details
Contact details
Parikh Packaging Private Limited's registered office is in Ahmedabad, Gujarat. Its website is cflex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOpp Rotomac Pens Sarkhej – Bavla Highway Village.Moraiya Tal; Sanand, Ahmedabad, Gujarat, India – 382213
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Parikh Packaging 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
Brands
Parikh Packaging operates two associated brands: Parikh Packaging and Constantia Flexibles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible packaging for food, pharmaceuticals, and custom needs is manufactured. | parikhpackaging.com | |
| Packaging for pharmaceutical and food industries is manufactured. | cflex.com |
Business activity
The main business activity of Parikh Packaging 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 Parikh Packaging Private Limited, buy the company report.
Financials of Parikh Packaging Private Limited
FY 2025 filings availableParikh Packaging Private Limited reported revenue of ₹230.23 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 358% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹124.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹137.12 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -54.1% | ||||
| Net Profit Margin | -59.6% | ||||
| 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 Parikh Packaging Private Limited, buy the company report.
Board of directors of Parikh Packaging Private Limited
Parikh Packaging has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Also directs: Aparna Paper Processing Industry Pvt Ltd, SBP (Food & Hygiene) Private Limited, Replastik Private Limited and 3 more | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
| Amit Shah Also directs: Aparna Paper Processing Industry Pvt Ltd, SBP (Food & Hygiene) Private Limited, Replastik Private Limited and 1 more | Additional Director | 09 Jan 2026 | 0 Years 9 Months | Current |
| Ankit Jain Also directs: Aparna Paper Processing Industry Pvt Ltd, S B Packagings Private Limited, SBP (Food & Hygiene) Private Limited and 2 more | Additional Director | 25 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Parikh Packaging Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Bsa Polycontainer Private Limited | ₹248.79 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Vidya Polymer Private Limited | ₹237.38 Cr (FY 2025) | -3.0% | Noida, Uttar Pradesh, India | |||
| Velvin Packaging Solutions Private Limited | ₹232.48 Cr (FY 2025) | 117.0% | Mumbai, Maharashtra, India | |||
| Parikh Packaging Private Limitedthis company | ₹230.23 Cr (FY 2025) | -₹137.12 Cr | -59.6% | 4.0% | 264 | Ahmedabad, Gujarat, India |
| Aero Plast Limited | ₹228.81 Cr (FY 2024) | 19.0% | Delhi, India | |||
| Sparsh Packagings Private Limited | ₹227.17 Cr (FY 2025) | -3.0% | Kanpur, Uttar Pradesh, India | |||
| S. D. International Private Limited | ₹226.38 Cr (FY 2025) | 30.0% | Gorakhpur Sadar, Uttar Pradesh, India |
To see the full peer comparison of Parikh Packaging Private Limited, buy the company report.
Auditor
Parikh Packaging Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 117365W |
Shareholding
The shareholding of Parikh Packaging 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 Parikh Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2023 | 100774564 | The Hongkong and Shanghai Banking Corporation Limited | ₹30 Cr | Open | |
| 24 Jul 2006 | 10032499 | The Karur Vysya Bank Ltd | ₹25 Lakh | Satisfied | |
| 29 Jun 2006 | 10009194 | The Karur Vyasya Bank Ltd | ₹17 Lakh | Satisfied | |
| 14 Feb 2002 | 90104151 | The Karur Vysya Bank Ltd | ₹59.38 Cr | Satisfied | |
| 14 Feb 2002 | 90105145 | The Karur Vysya Bank Ltd | ₹59.38 Cr | Satisfied |
To see the full charge records of Parikh Packaging Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Parikh Packaging Private Limited has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹57.1 Cr; the latest was in November 2020.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Rights issue | ₹156.55 Cr | Investors: GPC Holdings BV |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Constantia Flexibles International GmbH, GPC Holdings BV Seller: Pranav R Parikh HUF, 3 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: GPC Holdings BV Seller: 4 individuals |
| Jun 2013 | Funding round | ₹51 Cr | Investors: GPC Holdings BV |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: GPC Holdings BV, 3 individuals Seller: Pranav R Parikh HUF, Pavan Parikh HUF, 2 individuals |
To see the full deal history of Parikh Packaging 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
Parikh Packaging Private Limited has 32 court cases on record: 8 filed by Parikh Packaging, 24 filed against it. 2 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 10 | 1 |
| High courts | 13 | 12 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Sumilon Polyester Pvt Ltd | Pending |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by M/S Sumilon Polyester Pvt. Ltd. (Formerly M/S Sumilon Polyester Ltd.) 6/121, A-1 Paiki Plot No. 8, 1St Floor, Vairagini Wadi, Delhi Gate, Surat 395003 ,Surat , Gujarat | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by Sumilon Polyester Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by M/S Nova Flexipack Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Natraj Cold Storage and Foods Pvt Ltd and 2 others | Disposed |
To see the full case history of Parikh Packaging 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
Parikh Packaging Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 384 overdue payments to 92 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 92)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Morchem Private Limited | |||
| FM India Supply Chain Private Limited | |||
| an individual supplier | |||
| Fotedar Engineering Services |
To see the full MSME payment records of Parikh Packaging Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Parikh Packaging has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Parikh Flexibles Private Limited | U25199GJ2017PTC098229 |
To see the full group structure of Parikh Packaging Private Limited, buy the company report.
Employees & EPFO
Parikh Packaging Private Limited has a workforce of 264 employees on its EPFO records as of Dec 25, 2024, across 1 active EPFO establishment.
GST
Parikh Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP7894F1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parikh Packaging Private Limited, buy the company report.
Recent activity
Parikh Packaging Private Limited has 31 board changes on record since 2013: 6 appointments and 25 cessations. The latest: Amit Shah was appointed as Additional Director on 09 Jan 2026.
38 earlier events are in the company report.
News
Frequently asked questions
Parikh Packaging is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 22 October 1999 (27+ years old) and is registered under CIN U25209GJ1999PTC036763.
Parikh Packaging has 3 current directors:
- Manoj Kumar - Director
- Amit Shah - Additional Director
- Ankit Jain - Additional Director
The latest financial statements of Parikh Packaging 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 2015 are in the company report.
The GSTIN of Parikh Packaging is 24AABCP7894F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Parikh Packaging is U25209GJ1999PTC036763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parikh Packaging has 32 court cases on record: 8 filed by the company and 24 filed against it. 2 are pending. Most are in the district courts.
Parikh Packaging was incorporated on 22 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parikh Packaging has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹57.1 Cr; the latest was in November 2020.
The peers of Parikh Packaging by revenue are Bsa Polycontainer Private Limited, Vidya Polymer Private Limited, Velvin Packaging Solutions Private Limited, Aero Plast Limited, Sparsh Packagings Private Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Amit Shah was appointed as Additional Director on 09 Jan 2026. Ankit Jain was appointed as Additional Director on 25 Nov 2025. Manoj Kumar was appointed as Director on 30 Dec 2024. Parikh Packaging has 31 board changes on record in total.
Parikh Packaging has 13 MSME Form 1 returns on record between 2019 and 2024, listing 384 overdue payments to 92 micro and small suppliers. The latest return was filed on 17 Apr 2024.
Parikh Packaging can be reached through the website cflex.com. Its registered office is in Ahmedabad, Gujarat, India.