MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-02-0006797
Pact Closure Systems (India) Private Limited - packaging in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹51.57 Cr
▼ 17% YoY
Net loss · FY 2025
₹7.49 Cr
Net margin -14.5%
EBITDA · FY 2025
₹4.2 Cr
EBITDA margin 8.1%
Authorised capital
₹25.4 Cr
Registered with MCA
Paid-up capital
₹2.77 Cr
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
44
Provident fund records
About Pact Closure Systems (India) Private Limited
Data last updated:
Pact Closure Systems (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Pact Group Industries (Asia) Pty Limited, Australia. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 28 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25194KA2009FTC055324. Its GSTIN is 29AADCC7884N1ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25.4 Cr and a paid-up capital of ₹2.77 Cr. It was formerly known as Closure Systems International (I) Private Limited. It is led by directors including Paul Washer David and Santosh Kumar Mondal.
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 Survey No 35 & 36 Soukya Road Kacherkanahalli Hosakote Taluk, Bangalore, Karnataka, India – 560067.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.57 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹7.49 Cr (net margin -14.5%) and EBITDA of ₹4.2 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Closure Systems International and Pact Group. As per MCA filings, the company has open charges of ₹1 Cr on record. The company has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹21.85 Cr; the latest was in June 2020. Its 7 peer companies in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 2 smaller; the largest is Samkin Treasure Molders Private Limited with revenue of ₹53.54 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 145 overdue payments to 14 micro and small suppliers.
Pact Closure Systems (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0006797). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website csiclosures.com.
Company details
CIN U25194KA2009FTC055324
Registration Number 055324
Incorporation Date 28 August 2009
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Pact Group Industries (Asia) Pty Limited, Australia
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-02-0006797
CIN history
Pact Closure Systems (India) has one previous CIN (Corporate Identification Number): U25194DL2009FTC193663. The current CIN is U25194KA2009FTC055324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25194KA2009FTC055324 | Current |
| U25194DL2009FTC193663 | Previous |
Recognitions & Rankings of Pact Closure Systems (India)
Contact details
Pact Closure Systems (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is csiclosures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No 35 & 36 Soukya Road Kacherkanahalli Hosakote Taluk, Bangalore, Karnataka, India – 560067
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Pact Closure Systems (India) Private Limited, buy the company report.
Comprehensive company report
Pact Closure Systems (India) 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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Secure checkout · GST invoice included
Brands
Pact Closure Systems (India) operates two associated brands: Closure Systems International and Pact Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-speed capping equipment and application systems are designed and manufactured. | csiclosures.com | |
| Waste recycling services are provided to various clients. | pactgroup.com |
Business activity
The main business activity of Pact Closure Systems (India) 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 Pact Closure Systems (India) Private Limited, buy the company report.
Financials of Pact Closure Systems (India) Private Limited
FY 2025 filings availablePact Closure Systems (India) Private Limited reported revenue of ₹51.57 Cr (down 17% YoY) for FY 2025.
Revenue · FY 2025
₹51.57 Cr ▼ 17%
Net loss · FY 2025
₹7.49 Cr margin -14.5%
EBITDA · FY 2025
₹4.2 Cr margin 8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 6%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▲ 3%
5 years · compounded
▼ 1%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 58% 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 | ₹4.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.49 Cr | ||||
| Balance Sheet | |||||
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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 | 8.1% | ||||
| Net Profit Margin | -14.5% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Pact Closure Systems (India) Private Limited, buy the company report.
Board of directors of Pact Closure Systems (India) Private Limited
Pact Closure Systems (India) has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paul Washer David Also directs: Amrs Business Services Private Limited | Director | 16 Aug 2022 | 4 Years 2 Months | Current |
| Santosh Kumar Mondal | Director | 05 Sep 2019 | 7 Years 1 Months | Current |
| Douglas Michael Cohen | Director | 12 Jan 2015 | 11 Years 9 Months | Current |
| Madan Srinivasan Also directs: Aura Pet Private Limited | Director | 16 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Pact Closure Systems (India) Private Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Bottles and Caps), 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 |
|---|---|---|---|---|---|---|
| Samkin Treasure Molders Private Limited | ₹53.54 Cr (FY 2024) | 7.0% | Vadodara, Gujarat, India | |||
| Heritage Beverages Private Limited | ₹53.3 Cr (FY 2025) | 47.0% | Gurgaon, Haryana, India | |||
| Shri Plasto Packers Private Limited | ₹53.22 Cr (FY 2025) | 8.0% | Chennai, Tamil Nadu, India | |||
| Viva Pack Private Limited | ₹52.95 Cr (FY 2025) | -23.0% | Surat, Gujarat, India | |||
| Packfusion Packaging Solutions Private Limited | ₹52.86 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Pact Closure Systems (India) Private Limitedthis company | ₹51.57 Cr (FY 2025) | -₹7.49 Cr | -14.5% | -17.0% | 44 | Bangalore, Karnataka, India |
| Divya Packmaf Private Limited | ₹51.3 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Viral Industries Private Limited | ₹51.23 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Pact Closure Systems (India) Private Limited, buy the company report.
Auditor
Pact Closure Systems (India) Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W |
Shareholding
The shareholding of Pact Closure Systems (India) 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pact Closure Systems (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2020 | 100353193 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
To see the full charge records of Pact Closure Systems (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Pact Closure Systems (India) Private Limited has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹21.85 Cr; the latest was in June 2020.
Total deals
5
Funding rounds
2
Rights issues
2
Secondary share transfer
1
Disclosed funding
₹21.85 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Rights issue | ₹11.41 Cr | Investors: Pact Group Industries Asia Private Limited |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Pact Group Holdings (Hong Kong) Limited, Pact Group Industries Asia Private Limited Seller: Closure Systems International B.V., Closure Systems International Holdings INC |
| Feb 2015 | Rights issue | ₹12.1 Cr | Investors: Closure Systems International B.V. |
| Mar 2014 | Funding round | ₹12.2 Cr | Investors: Closure Systems International B.V. |
| Jan 2010 | Funding round | ₹9.65 Cr | Investors: Closure Systems International B.V. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pact Closure Systems (India) 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
Pact Closure Systems (India) Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 145 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Multipackaging Industry | |||
| Shriram Machining Company | |||
| Colson Global | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Pact Closure Systems (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pact Closure Systems (India) Private Limited has a workforce of 44 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
4.76%
GST
Pact Closure Systems (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC7884N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pact Closure Systems (India) Private Limited, buy the company report.
Recent activity
Pact Closure Systems (India) Private Limited has 24 board changes on record since 2011: 4 appointments and 20 cessations. The latest: Madan Srinivasan ceased to be Additional Director on 30 Sep 2022.
AGM
Pact Closure Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pact Closure Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 1.00 Cr registered on 27 Jul 2020 with Charge ID 100353193 was modified on 16 Nov 2023.
Ceased
Madan Srinivasan ceased to be Additional Director.
Ceased
Paul Washer David ceased to be Additional Director.
Appointed
Madan Srinivasan was appointed as Director.
Appointed
Paul Washer David was appointed as Director.
Ceased
Shanti Ram Dhimal ceased to be Director.
Ceased
Richard Charles Betts ceased to be Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1.00 Cr with Charge ID 100353193 was registered on 27 Jul 2020.
Ceased
Santosh Kumar Mondal ceased to be Additional Director.
Ceased
Ganesh Shetty ceased to be Additional Director.
17 earlier events are in the company report.
News
Frequently asked questions
Pact Closure Systems (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 28 August 2009 (17+ years old) and is registered under CIN U25194KA2009FTC055324.
Pact Closure Systems (India) has 4 current directors:
- Paul Washer David - Director
- Santosh Kumar Mondal - Director
- Douglas Michael Cohen - Director
- Madan Srinivasan - Director
The latest financial statements of Pact Closure Systems (India) 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 2015 are in the company report.
The GSTIN of Pact Closure Systems (India) is 29AADCC7884N1ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pact Closure Systems (India) is U25194KA2009FTC055324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pact Closure Systems (India) was incorporated on 28 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Pact Closure Systems (India) has 5 deals on record (2 funding rounds, 2 rights issues, 1 secondary share transfer), with disclosed funding of ₹21.85 Cr; the latest was in June 2020.
The peers of Pact Closure Systems (India) by revenue are Samkin Treasure Molders Private Limited, Heritage Beverages Private Limited, Shri Plasto Packers Private Limited, Viva Pack Private Limited, Packfusion Packaging Solutions Private Limited and 2 more, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Madan Srinivasan ceased to be Additional Director on 30 Sep 2022. Paul Washer David ceased to be Additional Director on 30 Sep 2022. Madan Srinivasan was appointed as Director on 16 Aug 2022. Pact Closure Systems (India) has 24 board changes on record in total.
Yes, Pact Closure Systems (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0006797).
Pact Closure Systems (India) has 3 MSME Form 1 returns on record between 2023 and 2024, listing 145 overdue payments to 14 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Pact Closure Systems (India) can be reached through the website csiclosures.com. Its registered office is in Bangalore, Karnataka, India.