About Nipro Pharmapackaging India Private Limited
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Nipro Pharmapackaging India Private Limited is a foreign private limited company based in Meerut, Uttar Pradesh, India, a subsidiary of Nipro Corporation. It operates in the pharmaceutical packaging solutions segment of the packaging sector. It was incorporated on 04 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24100UP2010FTC044131. Its GSTIN is 09AADCN1869Q1ZO (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹900 Cr and a paid-up capital of ₹827.9 Cr. It was formerly known as Nipro Glass India Limited and Nipro Glass India Private Limited. It is led by directors including Ashish Gangadhar Moghe (Managing Director) and Hideyuki Nishisako.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at Plot No. 76 Fitkari Village Meerut – Mawana Road, Uttar Pradesh, India – 250401.
As per the financials filed for FY 2023, the company reported a revenue of ₹110.43 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹134.72 Cr (net margin 122%) and EBITDA of -₹14.82 Cr (EBITDA margin -13.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
The company has about 178 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹63.9 Lakh on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 8 deals on record (4 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹406.79 Cr; the latest was in October 2021. The company has 22 MSME Form 1 returns on record between 2018 and 2023, listing 1,648 overdue payments to 158 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 nipro-pharmapackaging.com.
Company details
Name history
Nipro Pharmapackaging India has undergone 2 name changes throughout its history. The company was previously known as Nipro Glass India Limited, and Nipro Glass India Private Limited. The current legal name is Nipro Pharmapackaging India Private Limited.
| Company Name | Status |
|---|---|
| Nipro Pharmapackaging India Private Limited | Current |
| Nipro Glass India Limited | Previous |
| Nipro Glass India Private Limited | Previous |
CIN history
Nipro Pharmapackaging India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100UP2010FTC044131, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100UP2010FTC044131 | Current |
| U74900UP2010FLC044131 | Previous |
| U24100UP2010FLC044131 | Previous |
Contact details
Nipro Pharmapackaging India Private Limited's registered office is in Meerut, Uttar Pradesh. Its website is nipro-pharmapackaging.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 76 Fitkari Village Meerut – Mawana Road, Uttar Pradesh, India – 250401
- IndustryPackaging, Pharmaceutical Packaging Solutions
To see the full contact details of Nipro Pharmapackaging India 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
Financials of Nipro Pharmapackaging India Private Limited
FY 2024 filings availableNipro Pharmapackaging India Private Limited reported revenue of ₹110.43 Cr (down 6% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹110.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹134.72 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.4% | ||||
| Net Profit Margin | 122% | ||||
| 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 Nipro Pharmapackaging India Private Limited, buy the company report.
Board of directors of Nipro Pharmapackaging India Private Limited
Nipro Pharmapackaging India has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Gangadhar Moghe Also directs: Nipro Tube Glass Private Limited | Managing Director | 17 Sep 2020 | 6 Years 1 Months | Current |
| Hideyuki Nishisako | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Stephan Arnold | Director | 28 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Nipro Pharmapackaging India Private Limited is audited by Chandorkar & Limaye for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandorkar & Limaye | FY 2023 | 101669W |
Shareholding
The shareholding of Nipro Pharmapackaging India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nipro Pharmapackaging India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Oct 2020 | 100389667 | Others | ₹63.9 Lakh | Satisfied |
To see the full charge records of Nipro Pharmapackaging India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nipro Pharmapackaging India Private Limited has 8 deals on record (4 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹406.79 Cr; the latest was in October 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Rights issue | ₹231.42 Cr | Investors: Nipro Corporation |
| Aug 2019 | Rights issue | ₹76.6 Cr | Investors: Nipro Corporation |
| Dec 2017 | Rights issue | ₹79.09 Cr | Investors: Nipro Corporation |
| Nov 2011 | Secondary share transfer | Undisclosed | Buyer: Nipro Corporation Seller: P R B Finance Company Private Limited & Ajay Kumar, P R B Finance Company Private Limited & Rajendra Nath Vaish, P.R.B. Finance Company Private Limited |
| Apr 2010 | Funding round | ₹77.5 Cr | Investors: Nipro Corporation, P.R.B. Finance Company Private Limited |
To see the full deal history of Nipro Pharmapackaging India 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
Nipro Pharmapackaging India Private Limited has 3 court cases on record: 3 filed by Nipro Pharmapackaging India. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 2 Others | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Paschimanchal Vidyut Vitran Nigam Ltd. and 2 Others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and Another | Disposed |
To see the full case history of Nipro Pharmapackaging India 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
Nipro Pharmapackaging India Private Limited has 22 MSME Form 1 returns on record between 2018 and 2023, listing 1,648 overdue payments to 158 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 158)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Marposs India Private Limited | |||
| Lalita Logistics and Agencies Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Nipro Pharmapackaging India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nipro Pharmapackaging India Private Limited has a workforce of 178 employees on its EPFO records as of Mar 23, 2024, across 3 active EPFO establishments.
GST
Nipro Pharmapackaging India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCN1869Q1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AADCN1869Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nipro Pharmapackaging India Private Limited, buy the company report.
Recent activity
Nipro Pharmapackaging India Private Limited has 19 board changes on record since 2010: 3 appointments and 16 cessations. The latest: Hideyuki Nishisako was appointed as Director on 08 Jul 2024.
12 earlier events are in the company report.
Frequently asked questions
Nipro Pharmapackaging India is an active foreign private limited company based in Meerut, Uttar Pradesh, India. The company works in pharmaceutical packaging solutions, within the packaging industry. It was incorporated on 04 February 2010 (16+ years old) and is registered under CIN U24100UP2010FTC044131.
Nipro Pharmapackaging India has 3 current directors:
- Ashish Gangadhar Moghe - Managing Director
- Hideyuki Nishisako - Director
- Stephan Arnold - Director
The latest financial statements of Nipro Pharmapackaging India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipro Pharmapackaging India is 09AADCN1869Q1ZO, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCN1869Q1ZQ (Maharashtra).
The CIN (Corporate Identification Number) of Nipro Pharmapackaging India is U24100UP2010FTC044131. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipro Pharmapackaging India has 3 court cases on record: 3 filed by the company. 1 is pending.
Nipro Pharmapackaging India was incorporated on 04 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kanpur.
Nipro Pharmapackaging India has 8 deals on record (4 rights issues, 3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹406.79 Cr; the latest was in October 2021.
Hideyuki Nishisako was appointed as Director on 08 Jul 2024. Noriyoshi Iwasaki ceased to be Director on 16 Aug 2021. Kenta Miyazaki ceased to be Additional Director on 24 Jun 2021. Nipro Pharmapackaging India has 19 board changes on record in total.
Nipro Pharmapackaging India has 22 MSME Form 1 returns on record between 2018 and 2023, listing 1,648 overdue payments to 158 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Nipro Pharmapackaging India can be reached through the website nipro-pharmapackaging.com. Its registered office is in Meerut, Uttar Pradesh, India.