MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002107
Msquare Polypack Private Limited
Msquare Polypack Private Limited - packaging in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹26.98 Cr
▼ 5% YoY
Net profit · FY 2025
₹13.61 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹2.51 Cr
EBITDA margin 9.3%
Authorised capital
₹3.2 Cr
Registered with MCA
Paid-up capital
₹3.2 Cr
Issued & subscribed
Open charges
₹16.12 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
17
Provident fund records
About Msquare Polypack Private Limited
Data last updated:
Msquare Polypack Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the woven packaging products segment of the packaging sector. It was incorporated on 23 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2020PTC118370. Its GSTIN is 24AAOCM0496R1ZN (Gujarat).
The company has an authorised share capital of ₹3.2 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors Pradip Amarshibhai Patel and Atulbhai Amarshibhai Muchhara.
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 S. No. 163/P1 Jivapar Tankara B/H Arya Vidhyalay Rajkot – Morbi Highway Harbatiyali, Gujarat, India – 363650.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.98 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹13.61 Lakh (net margin 0.5%) and EBITDA of ₹2.51 Cr (EBITDA margin 9.3%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.12 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Msquare Polypack Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002107).
Company details
CIN U25190GJ2020PTC118370
Registration Number 118370
Incorporation Date 23 November 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002107
Recognitions & Rankings of Msquare Polypack
Contact details
Msquare Polypack Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS. No. 163/P1 Jivapar Tankara B/H Arya Vidhyalay Rajkot – Morbi Highway Harbatiyali, Gujarat, India – 363650
- IndustryPackaging, Woven Packaging Products
To see the full contact details of Msquare Polypack Private Limited, buy the company report.
Comprehensive company report
Msquare Polypack 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Msquare Polypack 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 Msquare Polypack Private Limited, buy the company report.
Financials of Msquare Polypack Private Limited
FY 2025 filings availableMsquare Polypack Private Limited reported revenue of ₹26.98 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹26.98 Cr ▼ 5%
Net profit · FY 2025
₹13.61 Lakh margin 0.5%
EBITDA · FY 2025
₹2.51 Cr margin 9.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 38%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 71%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 38%. EBITDA rose 37% 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 | ₹2.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.61 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Msquare Polypack Private Limited, buy the company report.
Board of directors of Msquare Polypack Private Limited
Msquare Polypack has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Amarshibhai Patel | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
| Atulbhai Amarshibhai Muchhara | Director | 23 Nov 2020 | 5 Years 11 Months | Current |
Peer comparison
Msquare Polypack Private Limited is compared with the 8 companies closest to it by revenue in the Packaging industry (Woven Products), 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 |
|---|---|---|---|---|---|---|
| Geeta Industries Private Limited | ₹28.24 Cr (FY 2025) | -28.0% | Ratan Lal Nagar, Uttar Pradesh, India | |||
| Addvalue International Private Limited | ₹28.19 Cr (FY 2025) | 118.0% | Ahmedabad, Gujarat, India | |||
| Sri Ram Technopack Private Limited | ₹28.04 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Lolark Polytex Private Limited | ₹27.18 Cr (FY 2024) | -13.0% | Chandauli, Uttar Pradesh, India | |||
| Msquare Polypack Private Limitedthis company | ₹26.98 Cr (FY 2025) | ₹13.61 Lakh | 0.5% | -5.0% | 17 | Morbi, Gujarat, India |
| Apisun Sacks Private Limited | ₹26.88 Cr (FY 2025) | -9.0% | Prahladnagar, Gujarat, India | |||
| Alexa Polyfab Private Limited | ₹26.8 Cr (FY 2025) | 53.0% | Halvad, Gujarat, India | |||
| Airen International Limited | ₹26.33 Cr (FY 2024) | -22.0% | Indore, Madhya Pradesh, India | |||
| Shrinath Woven Pack Private Limited | ₹26.29 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Msquare Polypack Private Limited, buy the company report.
Auditor
Msquare Polypack Private Limited is audited by HIREN A BHAGIYA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN A BHAGIYA AND CO | FY 2023 | 0143495W |
Shareholding
The shareholding of Msquare Polypack Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Msquare Polypack Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2025 | 101155353 | Others | ₹2.72 Cr | Open | |
| 28 Feb 2024 | 100886016 | Others | ₹3.67 Cr | Open | |
| 06 Aug 2021 | 100465259 | Others | ₹9.73 Cr | Open |
To see the full charge records of Msquare Polypack Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Msquare Polypack Private Limited has 1 court case on record: 1 filed by Msquare Polypack. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of Msquare Polypack 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
No delayed payments to MSME suppliers are on our record for Msquare Polypack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Msquare Polypack Private Limited has a workforce of 17 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
GST
Msquare Polypack has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCM0496R1ZN | Gujarat | Active | 30 Nov 2020 |
To see the full GST registrations and return filing status of Msquare Polypack Private Limited, buy the company report.
Recent activity
Msquare Polypack Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Atulbhai Amarshibhai Muchhara was appointed as Director on 23 Nov 2020.
AGM
Msquare Polypack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 2.72 Cr registered on 13 Aug 2025 with Charge ID 101155353 was modified on 03 Sep 2025.
Charges
A charge with Others amounted to Rs. 2.72 Cr with Charge ID 101155353 was registered on 13 Aug 2025.
Filing
Msquare Polypack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 3.67 Cr with Charge ID 100886016 was registered on 28 Feb 2024.
Charges
A charge with Others of Rs. 9.73 Cr registered on 06 Aug 2021 with Charge ID 100465259 was modified on 10 Mar 2023.
Charges
A charge with Others amounted to Rs. 9.73 Cr with Charge ID 100465259 was registered on 06 Aug 2021.
Appointed
Atulbhai Amarshibhai Muchhara was appointed as Director.
Appointed
Pradip Amarshibhai Patel was appointed as Director.
Incorporation
23 Nov 2020
Msquare Polypack Private Limited was registered on 23 Nov 2020 with Roc Ahmedabad & aged 5 years 11 months as per MCA records.
Frequently asked questions
Msquare Polypack is an active private limited company based in Morbi, Gujarat, India. The company works in woven packaging products, within the packaging industry. It was incorporated on 23 November 2020 (6+ years old) and is registered under CIN U25190GJ2020PTC118370.
Msquare Polypack has 2 current directors:
- Pradip Amarshibhai Patel - Director
- Atulbhai Amarshibhai Muchhara - Director
The latest financial statements of Msquare Polypack 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 FY 2021 are in the company report.
The GSTIN of Msquare Polypack is 24AAOCM0496R1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Msquare Polypack is U25190GJ2020PTC118370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Msquare Polypack has 1 court case on record: 1 filed by the company. 1 is pending.
Msquare Polypack was incorporated on 23 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Msquare Polypack by revenue are Geeta Industries Private Limited, Addvalue International Private Limited, Sri Ram Technopack Private Limited, Lolark Polytex Private Limited, Apisun Sacks Private Limited and 3 more, all in the Packaging industry (Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Atulbhai Amarshibhai Muchhara was appointed as Director on 23 Nov 2020. Pradip Amarshibhai Patel was appointed as Director on 23 Nov 2020.
Yes, Msquare Polypack is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002107).
The registered office of Msquare Polypack is at S. No. 163P1 Jivapar Tankara BH Arya Vidhyalay Rajkot – Morbi Highway Harbatiyali, Gujarat, India – 363650.