MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0009052
Packaid Ecopack Private Limited - packaging in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.94 Cr
▲ 35% YoY
Net profit · FY 2025
₹1.79 Cr
Net margin 10%
EBITDA · FY 2025
₹2.7 Cr
EBITDA margin 15.1%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.6 Cr
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
8
Provident fund records
About Packaid Ecopack Private Limited
Data last updated:
Packaid Ecopack Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 12 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21099GJ2017PTC097278. Its GSTIN is 29AAJCP1784E1Z5 (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.6 Cr. It is led by directors including Shashikumar Govindan (Managing Director) and Vinit Ashrafi Tiwari.
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 219 Arpan Complex Near Delux Bus Stand Nizampura Gam Fategunj Vadodara, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.94 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 10%) and EBITDA of ₹2.7 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 49% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
Packaid Ecopack Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009052). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website packaid.in.
Company details
CIN U21099GJ2017PTC097278
Registration Number 097278
Incorporation Date 12 May 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0009052
Key People
Shashikumar Govindan Managing Director Vinit Ashrafi Tiwari Director Pramodkumar Chithrapurasrinivasa Director Recognitions & Rankings of Packaid Ecopack
Contact details
Packaid Ecopack Private Limited's registered office is in Vadodara, Gujarat. Its website is packaid.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address219 Arpan Complex Near Delux Bus Stand Nizampura Gam Fategunj Vadodara, Gujarat, India – 390002
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Packaid Ecopack Private Limited, buy the company report.
Comprehensive company report
Packaid Ecopack 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
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Business activity
The main business activity of Packaid Ecopack 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 Packaid Ecopack Private Limited, buy the company report.
Financials of Packaid Ecopack Private Limited
FY 2025 filings availablePackaid Ecopack Private Limited reported revenue of ₹17.94 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹17.94 Cr ▲ 35%
Net profit · FY 2025
₹1.79 Cr margin 10%
EBITDA · FY 2025
₹2.7 Cr margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 45%
5 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 72%
5 years · compounded
▲ 68%
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 35% growth in the latest year. EBITDA rose 26% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹2.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.79 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 10% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Packaid Ecopack Private Limited, buy the company report.
Board of directors of Packaid Ecopack Private Limited
Packaid Ecopack has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashikumar Govindan Also directs: Packaid Corporate Services LLP | Managing Director | 12 May 2017 | 9 Years 5 Months | Current |
| Vinit Ashrafi Tiwari Also directs: Packaid Corporate Services LLP, Adroit Lubricants Private Limited, Packaid Packaging Private Limited and 1 more | Director | 12 May 2017 | 9 Years 5 Months | Current |
| Pramodkumar Chithrapurasrinivasa | Director | 12 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Packaid Ecopack Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| M.V.Polyplast Private Limited | ₹18.18 Cr (FY 2025) | 25.0% | Juhi, Uttar Pradesh, India | |||
| Megha Plast Private Limited | ₹18.14 Cr (FY 2019) | 3.0% | Byrnihat, Meghalaya, India | |||
| Accutech Packaging Private Limited | ₹18.07 Cr (FY 2025) | -7.0% | Waghodia, Gujarat, India | |||
| Packaid Ecopack Private Limitedthis company | ₹17.94 Cr (FY 2025) | ₹1.79 Cr | 10% | 35.0% | 8 | Vadodara, Gujarat, India |
| Ramkishan Packaging Private Limited | ₹17.82 Cr (FY 2025) | 35.0% | Dankuni, West Bengal, India | |||
| Sapphire Blue Industries Private Limited | ₹17.79 Cr (FY 2024) | -32.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Packaid Ecopack Private Limited, buy the company report.
Auditor
Packaid Ecopack Private Limited is audited by VISHAL KULKARNI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL KULKARNI & ASSOCIATES | FY 2022 | 131745W |
Shareholding
The shareholding of Packaid Ecopack Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Packaid Ecopack Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2022 | 100593057 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Packaid Ecopack Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Packaid Ecopack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Packaid Ecopack Private Limited has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-11.11%
GST
Packaid Ecopack has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP1784E1Z5 | Karnataka | Active | 17 Oct 2017 |
To see the full GST registrations and return filing status of Packaid Ecopack Private Limited, buy the company report.
Recent activity
Packaid Ecopack Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Shashikumar Govindan ceased to be Director on 31 Dec 2024.
AGM
Packaid Ecopack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Packaid Ecopack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Shashikumar Govindan ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100593057 was registered on 22 Apr 2022.
Appointed
Pramodkumar Chithrapurasrinivasa was appointed as Director.
Appointed
Shashikumar Govindan was appointed as Managing Director.
Appointed
Vinit Ashrafi Tiwari was appointed as Director.
Incorporation
12 May 2017
Packaid Ecopack Private Limited was registered on 12 May 2017 with Roc Ahmedabad & aged 9 years 5 months as per MCA records.
Frequently asked questions
Packaid Ecopack is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 12 May 2017 (9+ years old) and is registered under CIN U21099GJ2017PTC097278.
Packaid Ecopack has 3 current directors:
- Shashikumar Govindan - Managing Director
- Vinit Ashrafi Tiwari - Director
- Pramodkumar Chithrapurasrinivasa - Director
The latest financial statements of Packaid Ecopack 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 2018 are in the company report.
The GSTIN of Packaid Ecopack is 29AAJCP1784E1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Packaid Ecopack is U21099GJ2017PTC097278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Packaid Ecopack was incorporated on 12 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Packaid Ecopack by revenue are M.V.Polyplast Private Limited, Megha Plast Private Limited, Accutech Packaging Private Limited, Ramkishan Packaging Private Limited, Sapphire Blue Industries Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Shashikumar Govindan ceased to be Director on 31 Dec 2024. Pramodkumar Chithrapurasrinivasa was appointed as Director on 12 May 2017. Shashikumar Govindan was appointed as Managing Director on 12 May 2017. Packaid Ecopack has 4 board changes on record in total.
Yes, Packaid Ecopack is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0009052).
Packaid Ecopack can be reached through the website packaid.in. Its registered office is in Vadodara, Gujarat, India.
The registered office of Packaid Ecopack is at 219 Arpan Complex Near Delux Bus Stand Nizampura Gam Fategunj Vadodara, Gujarat, India – 390002.
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