Packspace Private Limited
About Packspace Private Limited
Data last updated:
Packspace 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 13 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21093GJ2020PTC118235. Its GSTIN is 24AALCP5917H1Z8 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nadeali Durgawala and Nuruddin Gulamhusen Durgawala.
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 Plot No. 31F And 31G Shah Industrial Park – 3 Kotambi, Vadodara, Gujarat, India – 391510.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.34 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹10,004 (net margin -0.1%) and EBITDA of ₹13.98 Lakh (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
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- Registered AddressPlot No. 31F And 31G Shah Industrial Park – 3 Kotambi, Vadodara, Gujarat, India – 391510
- 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
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Business Activity of Packspace Private Limited
The main business activity of Packspace is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper 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 Packspace Private Limited FY 2025 filings available
Packspace Private Limited reported revenue of ₹76.34 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Packspace Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 82% over three years, including 20% growth in the latest year. EBITDA fell 4% 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 Packspace Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10,004 | •••• | •••• | •••• | •••• |
| 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 Packspace Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• | •••• | •••• |
| 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 Packspace are in the company report.
Financial statements from FY 2021
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 Packspace Private Limited
Packspace 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 |
|---|---|---|---|---|---|---|
| Chandra Industrial Co Private Limited | ₹76.84 Lakh (FY 2025) | •••• | •••• | -36.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Chyavan Packaging India Private Limited | ₹76.61 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Jaipur, Rajasthan, India |
| Aerys Pactek Private Limited | ₹76.57 Lakh (FY 2024) | •••• | •••• | 143.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Yuva Udyog Private Limited | ₹76.42 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Jamshedpur, Jharkhand, India |
| NSH Innovations Private Limited | ₹76.35 Lakh (FY 2025) | •••• | •••• | 1625.0% | •••• | Bangalore, Karnataka, India |
| Packspace Private Limited this company | ₹76.34 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Vadodara, Gujarat, India |
| Gaur Plastic & Papers Private Limited | ₹76.1 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| CLSL Pack Science Private Limited | ₹75.87 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Vadodara, Gujarat, India |
| Suparna Exports Private Limited | ₹75.58 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Coimbatore, Tamil Nadu, India |
| Quality Plascons Private Limited | ₹75.57 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Swabs Tapes India Private Limited | ₹74.12 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Palghar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Packspace 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 Packspace Private Limited
Packspace Private Limited is audited by AKBAR CHASMAWALA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AKBAR CHASMAWALA & CO | 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 Packspace Private Limited
Packspace has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nadeali Durgawala | Director | 19 Feb 2021 | 5 Years 7 Months | Current |
| Nuruddin Gulamhusen Durgawala | Director | 19 Feb 2021 | 5 Years 7 Months | Current |
| Mohammadi Gulamhusen Durgawala | Director | 19 Feb 2021 | 5 Years 7 Months | Current |
| Amiruddin Durgawala | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
| Fidaali Gulamhusain Durga | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
| Hasnain Fidaali Durga | Director | 13 Nov 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Packspace 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 Packspace Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2023 | Others | ₹15 Lakh | Open |
| 17 Jul 2021 | Others | ₹45 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Packspace Private Limited
Packspace Private Limited has a workforce of 0 employees as of Mar 31, 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 Packspace Private Limited
Packspace Private Limited has 6 board changes on record since 2020: 6 appointments. The latest: Mohammadi Gulamhusen Durgawala was appointed as Director on 19 Feb 2021.
Credit Ratings, Litigation & Regulatory Alerts for Packspace 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.
MSME Payment Delays by Packspace Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Packspace 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 Packspace Private Limited
Packspace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP5917H1Z8 | Gujarat | Active | 22 May 2021 |
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 Packspace 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 Packspace Private Limited
Packspace 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 13 November 2020 (6+ years old) and is registered under CIN U21093GJ2020PTC118235.
Packspace reported revenue of ₹76.34 Lakh for FY 2025 (up 20% YoY).
Packspace has 6 current directors:
- Nadeali Durgawala - Director
- Nuruddin Gulamhusen Durgawala - Director
- Mohammadi Gulamhusen Durgawala - Director
- Amiruddin Durgawala - Director
- Fidaali Gulamhusain Durga - Director
- Hasnain Fidaali Durga - Director
Packspace reported a net loss of ₹10,004 (net margin -0.1%) and EBITDA of ₹13.98 Lakh (EBITDA margin 18.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Packspace is 82% over three years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Packspace is 24AALCP5917H1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Packspace is U21093GJ2020PTC118235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Packspace was incorporated on 13 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Packspace by revenue are Chandra Industrial Co Private Limited, Chyavan Packaging India Private Limited, Aerys Pactek Private Limited, Yuva Udyog Private Limited, NSH Innovations Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Mohammadi Gulamhusen Durgawala was appointed as Director on 19 Feb 2021. Nadeali Durgawala was appointed as Director on 19 Feb 2021. Nuruddin Gulamhusen Durgawala was appointed as Director on 19 Feb 2021. Packspace has 6 board changes on record in total.
The registered office of Packspace is at Plot No. 31F And 31G Shah Industrial Park – 3 Kotambi, Vadodara, Gujarat, India – 391510.