About Universal Cartons Solutions Private Limited
Data last updated:
Universal Cartons Solutions Private Limited was a private limited company based in Goa, India, operated as a subsidiary of Borkar Packaging Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the commercial printing services segment of the media and publishing sector. It was incorporated on 04 August 1995.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U74950GA1995PTC001913. Its GSTIN is 02AAACB7619P1ZJ (Himachal Pradesh). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Borkar Superboxes Private Limited. It was led by directors including Deepak Prabhakar Borker and Vinay Prabhakar Borker.
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 was at Lake Plaza Opp Nehru Stadium Margao, Goa, India – 403602.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.14 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹34.37 Lakh (net margin 0.6%) and EBITDA of ₹3.98 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company had about 113 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹25.96 Cr and satisfied charges of ₹20.8 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it. The company has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in September 2023.
The last known website on record is borkarpackaging.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressLake Plaza Opp Nehru Stadium Margao, Goa, India – 403602
- IndustryMedia and Publishing, Commercial Printing Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Universal Cartons Solutions is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Universal Cartons Solutions Private Limited
FY 2024 filings availableUniversal Cartons Solutions Private Limited reported revenue of ₹57.14 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 39% fall in the latest year. EBITDA fell 21% 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 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹3.98 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹34.37 Lakh | |
| 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7% | |
| Net Profit Margin | 0.6% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Universal Cartons Solutions are in the company report.
: available in the company report
Board of Directors of Universal Cartons Solutions Private Limited
Universal Cartons Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Prabhakar Borker | Director | 04 Aug 1995 | 31 Years 2 Months | As last reported |
| Vinay Prabhakar Borker | Director | 28 Mar 2015 | 11 Years 6 Months | As last reported |
| Amol Anil Borker | Director | 08 Jun 2020 | 6 Years 4 Months | As last reported |
| Nikhil Anil Borkar | Director | 08 Jun 2020 | 6 Years 4 Months | As last reported |
Auditor Details
Universal Cartons Solutions Private Limited is audited by R K PIKALE & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R K PIKALE & COMPANY | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2020 | Others | ₹1.8 Cr | Satisfied |
| 18 May 2020 | Others | ₹2.5 Cr | Satisfied |
| 02 Aug 2019 | Others | ₹5 Cr | Satisfied |
| 15 Mar 2017 | Others | ₹11.5 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding
Universal Cartons Solutions Private Limited has 7 deals on record (5 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹99 Lakh; the latest was in September 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: Borkar Packaging Private Limited & Deepak Borkar, Borkar Packaging Private Limited Seller: Prakash Borkar( Trustee Of Borkar Family Trust) |
| Mar 2016 | Rights issue | ₹1 Cr | Investors: Borkar Packaging Private Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Neografiks India Priavte Limited, Akar Creations Private Limited , 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Akar Motel & Holiday Resorts Private Limited Seller: Validio Proservices Private Limited |
| Mar 2015 | Funding round | ₹99 Lakh | Investors: Borkar Packaging Private Limited , 3 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Universal Cartons Solutions Private Limited has 8 court cases on record: 2 filed by Universal Cartons Solutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 0 |
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by M/S Aarushi Agencies Pvt. Ltd. | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Basandari Bottlers Private Limited | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by M/S Harso Steels P. Ltd. | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Universal Cartons Solutions Private Limited has a workforce of 113 employees as of Apr 07, 2024.
: available in the company report
Recent Activity
Universal Cartons Solutions Private Limited has 10 board changes on record since 1995: 7 appointments and 3 cessations. The latest: Amol Anil Borker was appointed as Director on 08 Jun 2020.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Universal Cartons Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACB7619P1ZJ | Himachal Pradesh | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Universal Cartons Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Universal Cartons Solutions was a private limited company based in Goa, India. The company worked in commercial printing services, within the media and publishing industry. It was incorporated on 04 August 1995 and is registered under CIN U74950GA1995PTC001913. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Universal Cartons Solutions was incorporated on 04 August 1995. It is registered with the Registrar of Companies, Goa.
Universal Cartons Solutions had 4 directors:
- Deepak Prabhakar Borker - Director
- Vinay Prabhakar Borker - Director
- Amol Anil Borker - Director
- Nikhil Anil Borkar - Director
The CIN (Corporate Identification Number) of Universal Cartons Solutions is U74950GA1995PTC001913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Universal Cartons Solutions is at Lake Plaza Opp Nehru Stadium Margao, Goa, India – 403602.
Universal Cartons Solutions can be reached through the website borkarpackaging.com. Its registered office is in Goa, India.
The latest financial statements of Universal Cartons Solutions 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 Universal Cartons Solutions is 02AAACB7619P1ZJ, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Universal Cartons Solutions operated in the media and publishing industry, in the commercial printing services segment.