About Multiton Polypack Private Limited
Data last updated:
Multiton Polypack Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 31 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2014PTC081683. Its GSTIN is 24AAJCM5429K1Z7 (Gujarat).
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors including Pravinbhai Vallabhbhai Radadiya and Kishorbhai Vallabhbhai Radadiya.
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 Plot No. – 220 Aji G.I.D.C. Main Road N – Road, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.39 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹56.97 Lakh (net margin 2%) and EBITDA of ₹2.6 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 18% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Multiton Polypack. As per MCA filings, the company has open charges of ₹42.9 Cr and satisfied charges of ₹8.1 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multitonpolypack.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. – 220 Aji G.I.D.C. Main Road N – Road, Rajkot, Gujarat, India – 360002
- IndustryPackaging, Industrial Packaging Solutions
- 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 of Multiton Polypack Private Limited
The main business activity of Multiton Polypack is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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
Verified entity values are shown only after access is granted.
Financials of Multiton Polypack Private Limited FY 2024 filings available
Multiton Polypack Private Limited reported revenue of ₹28.39 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Multiton Polypack Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 23% growth in the latest year. EBITDA rose 81% 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 of Multiton Polypack Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹56.97 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 of Multiton Polypack Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 Multiton Polypack are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Multiton Polypack Private Limited
Multiton Polypack Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ecopack India Paper Cup Private Limited | ₹28.62 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Dev Bhoomi Polymers Private Limited | ₹28.57 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Delhi, India |
| Ase Pack Laminates Limited | ₹28.55 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Marks Emballage Private Limited | ₹28.53 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Nalagarh, Himachal Pradesh, India |
| Ambica Patterns (India) Private Limited | ₹28.42 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Multiton Polypack Private Limited this company | ₹28.39 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Rajkot, Gujarat, India |
| Henyo Packaging India Private Limited | ₹28.36 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Sunvesta Pipes Private Limited | ₹28.19 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Nashik, Maharashtra, India |
| Arunjyoti Bio Ventures Limited Listed | ₹28.17 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Hyderabad, Telangana, India |
| PSTS Heavy Lift and Shift Limited | ₹28.07 Cr (FY 2020) | •••• | •••• | 12.0% | •••• | Chennai, Tamil Nadu, India |
| Vikatmev Containers Limited | ₹28.06 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Multiton Polypack by revenue in the Packaging industry (Industrial Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Multiton Polypack Private Limited
Multiton Polypack Private Limited is audited by CA Sunil Vasoya for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CA Sunil Vasoya | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Multiton Polypack Private Limited
Multiton Polypack has 8 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravinbhai Vallabhbhai Radadiya | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Kishorbhai Vallabhbhai Radadiya | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Hiren Rameshbhai Vekariya | Director | 14 Dec 2019 | 6 Years 9 Months | Current |
| Chirag Pravinbhai Radadia | Director | 31 Dec 2014 | 11 Years 9 Months | Current |
| Diptiben Jitendrabhai Kakadiya | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Suraj Kishorbhai Radadia | Director | 31 Dec 2014 | 11 Years 9 Months | Current |
Ownership and Shareholding of Multiton Polypack Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Multiton Polypack Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jan 2025 | Hdfc Bank Limited | ₹28.8 Lakh | Open |
| 20 Aug 2024 | Hdfc Bank Limited | ₹13.6 Lakh | Open |
| 23 Dec 2023 | Others | ₹20 Lakh | Open |
| 15 Jul 2020 | Others | ₹72 Lakh | Open |
| 14 Feb 2020 | Hdfc Bank Limited | ₹47 Lakh | Open |
Total charge records: 8 View all charges
Legal Cases of Multiton Polypack Private Limited
Multiton Polypack Private Limited has 3 court cases on record: 1 filed by Multiton Polypack, 2 filed against it. 2 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company by Crave International | Pending |
| District court, Bhavnagar, Gujarat | Court case (EXE R) | Filed by the company against Crave International | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Crave International | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Multiton Polypack Private Limited
Multiton Polypack Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shilp Gravures Limited | •••• | •••• | •••• |
| Hubergroup India Private Limited | •••• | •••• | •••• |
| Poojan Marketing | •••• | •••• | •••• |
| Shree Polypack | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Multiton Polypack Private Limited
Multiton Polypack operates one associated brand: Multiton Polypack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of flexible packaging and paper bags in India, focusing on sustainability and quality control. | multitonpolypack.com |
Employees and EPFO Compliance at Multiton Polypack Private Limited
Multiton Polypack Private Limited has a workforce of 18 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Multiton Polypack Private Limited
Multiton Polypack Private Limited has 8 board changes on record since 2014: 8 appointments. The latest: Hiren Rameshbhai Vekariya was appointed as Director on 14 Dec 2019.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Multiton Polypack Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Multiton Polypack Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Multiton Polypack Private Limited
Multiton Polypack has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM5429K1Z7 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Multiton Polypack Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Multiton Polypack Private Limited
Multiton Polypack is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 31 December 2014 (12+ years old) and is registered under CIN U25190GJ2014PTC081683.
Multiton Polypack reported revenue of ₹28.39 Cr for FY 2024 (up 23% YoY).
Multiton Polypack has 8 current directors:
- Pravinbhai Vallabhbhai Radadiya - Director
- Kishorbhai Vallabhbhai Radadiya - Director
- Hiren Rameshbhai Vekariya - Director
- Chirag Pravinbhai Radadia - Director
- Diptiben Jitendrabhai Kakadiya - Director
- Suraj Kishorbhai Radadia - Director
- Nitaben Sorathiya Kamleshbhai - Director
- Bhavisha Arvind Vekariya - Director
Multiton Polypack reported a net profit of ₹56.97 Lakh (net margin 2%) and EBITDA of ₹2.6 Cr (EBITDA margin 9.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Multiton Polypack is -1% over three years and 18% over five years. In the latest year (FY 2024) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Multiton Polypack is 24AAJCM5429K1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Multiton Polypack is U25190GJ2014PTC081683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multiton Polypack has 3 court cases on record: 1 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Multiton Polypack was incorporated on 31 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Multiton Polypack by revenue are Ecopack India Paper Cup Private Limited, Dev Bhoomi Polymers Private Limited, Ase Pack Laminates Limited, Marks Emballage Private Limited, Ambica Patterns (India) Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Hiren Rameshbhai Vekariya was appointed as Director on 14 Dec 2019. Bhavisha Arvind Vekariya was appointed as Director on 02 Feb 2015. Diptiben Jitendrabhai Kakadiya was appointed as Director on 02 Feb 2015. Multiton Polypack has 8 board changes on record in total.
Multiton Polypack has 10 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 31 micro and small suppliers. The latest return was filed on 27 Aug 2023.