Packaid Solutions Private Limited

Packaid Solutions Private Limited - packaging in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN U29195GJ2013PTC074475 Incorporated 12 April 2013 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Private Limited Company packaging MSME · Small
Data last updated
Revenue · FY 2024
₹27.52 Cr
▼ 2% YoY
Net profit · FY 2024
₹2.8 Cr
Net margin 10.2%
EBITDA · FY 2024
₹4.68 Cr
EBITDA margin 17%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹2.7 Cr
Issued & subscribed
Open charges
₹14.6 Cr
Satisfied ₹5.5 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
44
Provident fund records

About Packaid Solutions Private Limited

Data last updated:

Packaid Solutions Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 12 April 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29195GJ2013PTC074475. Its GSTIN is 24AAHCP1102E1Z5 (Gujarat).

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹2.7 Cr. It is led by directors Pramodkumar Chithrapurasrinivasa (Managing Director) and Vinit Asharfi Tiwari.

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 Survey No. 350 Village Vemardi Taluka Karjan, Vadodara, Gujarat, India – 391240.

As per the financials filed for FY 2024, the company reported a revenue of ₹27.52 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹2.8 Cr (net margin 10.2%) and EBITDA of ₹4.68 Cr (EBITDA margin 17%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 4% over five years.

The company has about 44 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹14.6 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.

Packaid Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0007468). 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 U29195GJ2013PTC074475
Registration Number 074475
Incorporation Date 12 April 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0007468

Recognitions & Rankings of Packaid Solutions

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-24-0007468

Contact details

Packaid Solutions 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
  • Social Media
  • Registered Address
    Survey No. 350 Village Vemardi Taluka Karjan, Vadodara, Gujarat, India – 391240
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Packaid Solutions Private Limited, buy the company report.

Comprehensive company report
Packaid Solutions 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 Solutions is support service to organizations. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc..

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN6Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc.

To see the full business activity and turnover split of Packaid Solutions Private Limited, buy the company report.

Financials of Packaid Solutions Private Limited

FY 2024 filings available

Packaid Solutions Private Limited reported revenue of ₹27.52 Cr (down 2% YoY) for FY 2024.

Revenue · FY 2024
₹27.52 Cr ▼ 2%
Net profit · FY 2024
₹2.8 Cr margin 10.2%
EBITDA · FY 2024
₹4.68 Cr margin 17%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 28%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 52%
5 years · compounded
▲ 2%

Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹4.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.8 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin17%
Net Profit Margin10.2%
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

To see the full financial statements and ratios of Packaid Solutions Private Limited, buy the company report.

Board of directors of Packaid Solutions Private Limited

Packaid Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vinit Asharfi TiwariDirector12 Apr 201313 Years 6 MonthsCurrent
Pramodkumar ChithrapurasrinivasaManaging Director12 Apr 201313 Years 6 MonthsCurrent

Auditor

Packaid Solutions Private Limited is audited by Vishal Kulkarni & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Vishal Kulkarni & AssociatesFY 2022131745W

Shareholding

The shareholding of Packaid Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Packaid Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.6 Cr
Satisfied charges
₹5.5 Cr
Breakdown by lending institutions
Sidbi₹14.00 Cr
Others₹0.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Jul 2023100755173Sidbi₹7 CrOpen
26 Jul 2023100755171Sidbi₹7 CrOpen
22 Apr 2022100591999Others₹60 LakhOpen
09 Feb 2018100160134Others₹2.5 CrSatisfied
07 Feb 2018100160132Others₹2.5 CrSatisfied

To see the full charge records of Packaid Solutions Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Packaid Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Packaid Solutions Private Limited has a workforce of 44 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
44
Active EPFO establishments
1
Employee growth
18.92%

GST

Packaid Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAHCP1102E1Z5GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Packaid Solutions Private Limited, buy the company report.

Recent activity

Packaid Solutions Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Pramodkumar Chithrapurasrinivasa was appointed as Managing Director on 12 Apr 2013.

Charges
A charge registered on 07 Feb 2018 via Charge ID 100160132 with Others was fully satisfied on 08 Aug 2025.
AGM
Packaid Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Packaid Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 19 Jul 2013 via Charge ID 100050259 with Others was fully satisfied on 28 Jul 2023.
Charges
A charge with Sidbi amounted to Rs. 7.00 Cr with Charge ID 100755173 was registered on 26 Jul 2023.
Charges
A charge with Sidbi amounted to Rs. 7.00 Cr with Charge ID 100755171 was registered on 26 Jul 2023.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100591999 was registered on 22 Apr 2022.
Charges
A charge registered on 09 Feb 2018 via Charge ID 100160134 with Others was fully satisfied on 25 Jan 2022.
Charges
A charge with Others of Rs. 0.50 Cr registered on 19 Jul 2013 with Charge ID 100050259 was modified on 12 Mar 2018.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100160134 was registered on 09 Feb 2018.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100160132 was registered on 07 Feb 2018.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100050259 was registered on 19 Jul 2013.

3 earlier events are in the company report.

Frequently asked questions

Packaid Solutions is an active private limited company based in Vadodara, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 12 April 2013 (13+ years old) and is registered under CIN U29195GJ2013PTC074475.

Packaid Solutions has 2 current directors:

The latest financial statements of Packaid Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Packaid Solutions is 24AAHCP1102E1Z5, registered in Gujarat.

The CIN (Corporate Identification Number) of Packaid Solutions is U29195GJ2013PTC074475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Packaid Solutions has 2 court cases on record: 2 filed against it. 1 is pending.

Packaid Solutions was incorporated on 12 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Pramodkumar Chithrapurasrinivasa was appointed as Managing Director on 12 Apr 2013. Vinit Asharfi Tiwari was appointed as Director on 12 Apr 2013.

Yes, Packaid Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0007468).

Packaid Solutions can be reached through the website packaid.in. Its registered office is in Vadodara, Gujarat, India.