Multi-Flex Lami-Print Limited

Multi-Flex Lami-Print Limited - packaging in Raigad, Maharashtra, India. Directors, charges & compliance details.
CIN U22219MH1991PLC060717 Incorporated 12 March 1991 ROC Mumbai HQ Raigad, Maharashtra, India
Under Insolvency Public Limited Company packaging
Data last updated
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.17 Cr
Issued & subscribed
Open charges
₹388.95 Cr
Satisfied ₹58.55 Cr
Company age
35 yrs
Est. 1991
Directors on board
3
As per MCA filings
GST registrations
3
None active
Last financials
Mar 2012
Balance sheet date
Last AGM
28 Sep 2012
Annual general meeting

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 65 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 of Multi-Flex Lami-Print Limited
CIN U22219MH1991PLC060717
Registration Number 060717
Incorporation Date 12 March 1991
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 28 September 2012
Date of Balance Sheet 31 March 2012
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    D – 54 – 55 MIDC Mahad, Raigad, Maharashtra, India
  • Industry
    Packaging, Packaging Films & Foils
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Financials, compliance, directors, charges, ownership and filings for Multi-Flex Lami-Print Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Multi-Flex Lami-Print Limited FY 2012 filings available

Financial Statement Summary of Multi-Flex Lami-Print Limited

MetricsFY 2011-12
Profit and Loss Statement
Revenue from Operations••••
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
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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 of Multi-Flex Lami-Print Limited

MetricsFY 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••••

Paid data: the figures shown as dots 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 Multi-Flex Lami-Print are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Phootermal Pukhraj SuranaDirector24 Oct 199134 Years 11 MonthsAs last reported
Vijay Rajaram ShahaneAdditional Director01 Dec 200025 Years 10 MonthsAs last reported
Anil Kundanlal DangManaging Director12 Jan 199531 Years 9 MonthsAs last reported

Charges & Borrowings of Multi-Flex Lami-Print Limited

Open charges
₹388.95 Cr
Satisfied charges
₹58.55 Cr
Breakdown by lending institutions
Axis Trustee Services Limited₹117.50 Cr
Others₹90.42 Cr
Clearwater Capital Partners India Private Limited₹38.00 Cr
Bank of Baroda₹31.60 Cr
Union Bank of India₹30.65 Cr
Others₹80.78 Cr
Latest charge details
DateLenderAmountStatus
17 Dec 2013Axis Trustee Services Limited₹117.5 CrOpen
01 Apr 2013Sbi Global Factors Limited₹25 CrOpen
22 Mar 2013Others₹82.5 CrOpen
01 Mar 2012Punjab National Bank₹11.33 CrOpen
23 Jan 2012Religare Finvest Limited₹2 CrOpen

Total charge records: 26 View all charges

Deals & Funding of Multi-Flex Lami-Print Limited

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.

Total deals
4
Secondary share transfers
3
Funding round
1
Disclosed funding
₹23.7 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2011Secondary share transferUndisclosedBuyer: Ventura Securities Limited , Multi-Flex Financial Services Private Limited , Excel Information Tehcnology Limited
Seller: Altico Advisors Limited , Others Multi-flex Lami-Print Limited
Dec 2009Secondary share transferUndisclosedBuyer: 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 2006Secondary share transferUndisclosedBuyer: Mission Packaging Industries Limited
Seller: 4 individuals
Sep 2006Funding round₹23.7 CrInvestors: Altico Capital India, Anil Dang HUF, 2 individuals
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Multi-Flex Lami-Print Limited

Employment history and EPFO contributions of people linked to Multi-Flex Lami-Print.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Multi-Flex Lami-Print Limited

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.

CINStatus
U22219MH1991PLC060717Current
L22219MH1991PLC060717Previous

Recent Activity on Multi-Flex Lami-Print Limited

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.

Charges
A charge with Others of Rs. 82.50 Cr registered on 22 Mar 2013 with Charge ID 10421440 was modified on 01 Nov 2022.
Charges
A charge with Others of Rs. 7.92 Cr registered on 28 Dec 2004 with Charge ID 90154078 was modified on 01 Nov 2022.
Ceased
Sajid Siraj Malik ceased to be Director.
Charges
A charge with Axis Trustee Services Limited amounted to Rs. 117.50 Cr with Charge ID 10476827 was registered on 17 Dec 2013.
Charges
A charge with Punjab National Bank of Rs. 11.33 Cr registered on 01 Mar 2012 with Charge ID 10350293 was modified on 06 Sep 2013.
Charges
A charge with Corporation Bank of Rs. 24.45 Cr registered on 27 Aug 2004 with Charge ID 90154058 was modified on 29 Jun 2013.
Charges
A charge with Union Bank Of India of Rs. 30.65 Cr registered on 25 May 2005 with Charge ID 80037612 was modified on 28 Jun 2013.
Charges
A charge with Sbi Global Factors Limited amounted to Rs. 25.00 Cr with Charge ID 10428645 was registered on 01 Apr 2013.
Charges
A charge with Others amounted to Rs. 82.50 Cr with Charge ID 10421440 was registered on 22 Mar 2013.
Ceased
Mahesh Ganeshlal Trivedi ceased to be Additional Director.
Ceased
Shrigopal Ramprasad Rathi ceased to be Additional Director.
Ceased
Uday Shah Champaklal ceased to be Additional Director.

53 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Multi-Flex Lami-Print Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Multi-Flex Lami-Print Limited

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MSME payment history

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Subsidiaries & Group Companies of Multi-Flex Lami-Print Limited

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GST Compliance of Multi-Flex Lami-Print Limited

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.

Total GSTINs
3
Cancelled / inactive
3
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GST registrations and filing compliance

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MCA Filings & Documents of Multi-Flex Lami-Print Limited

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MCA filings and documents

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Frequently Asked Questions about Multi-Flex Lami-Print Limited

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:

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 65 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.

The registered office of Multi-Flex Lami-Print is at D – 54 – 55 MIDC Mahad, Raigad, Maharashtra, India.

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