Startup India Government of India
Paxshell Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.74 Cr
▲ 13% YoY
Net profit · FY 2024
₹62.93 Lakh
Net margin 4.9%
EBITDA · FY 2024
₹1.16 Cr
EBITDA margin 9.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.95 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
48
Provident fund records
About Paxshell Private Limited
Data last updated:
Paxshell Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 04 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36999MH2018PTC311531. Its GSTIN is 27AAJCP9661Q1ZC (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Pravin Lakhamshi Mange (Whole-Time Director) and Vinay Parsotam Bhanushali (Whole-Time Director).
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 D'Silva Compound N.S.S. Road Asalpha Village Ghatkopar West, Mumbai, Maharashtra, India – 400084.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.74 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹62.93 Lakh (net margin 4.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paxshell Private Limited. As per MCA filings, the company has open charges of ₹2.95 Cr on record.
Paxshell Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0010901). For more details, the company can be reached via its website paxshell.com.
Company Details of Paxshell Private Limited
CIN U36999MH2018PTC311531
Registration Number 311531
Incorporation Date 04 July 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-18-0010901
Key People
Pravin Lakhamshi Mange Whole-Time Director Vinay Parsotam Bhanushali Whole-Time Director Pushpa Pravin Mange Director Recognitions & Rankings of Paxshell
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0010901
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD'Silva Compound N.S.S. Road Asalpha Village Ghatkopar West, Mumbai, Maharashtra, India – 400084
- IndustryPackaging, Industrial Packaging Solutions
Comprehensive company report
Paxshell 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Paxshell Private Limited
Paxshell operates one associated brand: Paxshell Private Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of flight cases and protective packaging solutions in Mumbai. | paxshell.com |
Business Activity of Paxshell Private Limited
The main business activity of Paxshell is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Premium access
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 Paxshell Private Limited FY 2025 filings available
Paxshell Private Limited reported revenue of ₹12.74 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹12.74 Cr ▲ 13%
Net profit · FY 2024
₹62.93 Lakh margin 4.9%
EBITDA · FY 2024
₹1.16 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR) of Paxshell Private Limited
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 33%
5 years · compounded
▲ 172%
Revenue has grown at a compounded annual rate (CAGR) of 35% over three years, including 13% growth in the latest year. EBITDA rose 21% 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 Paxshell Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62.93 Lakh | •••• | •••• | •••• | •••• |
| 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 Paxshell Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.9% | •••• | •••• | •••• | •••• |
| 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 Paxshell are in the company report.
Premium access
Financial statements from FY 2019
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.
Board of Directors of Paxshell Private Limited
Paxshell has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Pravin Mange | Director | 12 Aug 2019 | 7 Years 2 Months | Current |
| Pravin Lakhamshi Mange | Whole-Time Director | 04 Jul 2018 | 8 Years 3 Months | Current |
| Vinay Parsotam Bhanushali | Whole-Time Director | 04 Jul 2018 | 8 Years 3 Months | Current |
Peer Comparison of Paxshell Private Limited
Paxshell 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 |
|---|---|---|---|---|---|---|
| Karvin Polymers Private Limited. | ₹12.85 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Singla Packers Private Limited | ₹12.83 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Rania, Haryana, India |
| Mettcover India Private Limited | ₹12.79 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Ahmedabad, Gujarat, India |
| Payal Packaging Private Limited | ₹12.79 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Vadodara, Gujarat, India |
| Visitech Engineers Private Ltd | ₹12.79 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Gurgaon, Haryana, India |
| Paxshell Private Limited this company | ₹12.74 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Mayur Tea Private Limited | ₹12.71 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Ahmedabad, Gujarat, India |
| BTR Packaging Private Limited | ₹12.7 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| SMC Packaging Private Limited | ₹12.69 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Delhi, India |
| Kraftman Packaging Private Limited | ₹12.68 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | Palwal, Haryana, India |
| Ipp India Limited | ₹12.67 Cr (FY 2025) | •••• | •••• | 187.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Paxshell 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 Paxshell Private Limited
Paxshell Private Limited is audited by Haren Parekh & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Haren Parekh & Co. | Locked | Locked | Locked |
Premium access
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.
Ownership and Shareholding of Paxshell Private Limited
Premium access
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 Paxshell Private Limited
Open charges
₹2.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2025 | Hdfc Bank Limited | ₹13.4 Lakh | Open |
| 31 Jul 2021 | Hdfc Bank Limited | ₹12.41 Lakh | Open |
| 27 Aug 2019 | Yes Bank Limited | ₹2.69 Cr | Open |
Total charge records: 3 View all charges
MSME Payment Delays by Paxshell Private Limited
Paxshell Private Limited has 10 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 20 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 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Patni Foams Pvt Ltd | •••• | •••• | •••• |
| Super Bond Panel India Private Limited | •••• | •••• | •••• |
| Rose Plastic India Private Limited | •••• | •••• | •••• |
| Impact Graphics | •••• | •••• | •••• |
Premium access
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Paxshell Private Limited
Paxshell Private Limited has a workforce of 48 employees as of Apr 08, 2024.
Employee count
48
Active EPFO establishments
1
Premium access
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 Paxshell Private Limited
Paxshell Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Pushpa Pravin Mange was appointed as Director on 12 Aug 2019.
AGM
Paxshell Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paxshell Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.40 Lakh with Charge ID 101069539 was registered on 06 Feb 2025.
Charges
A charge with Yes Bank Limited of Rs. 269.11 Lakh registered on 27 Aug 2019 with Charge ID 100285015 was modified on 13 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.41 Lakh with Charge ID 100487030 was registered on 31 Jul 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 269.11 Lakh with Charge ID 100285015 was registered on 27 Aug 2019.
Appointed
Pushpa Pravin Mange was appointed as Director.
Appointed
Pravin Lakhamshi Mange was appointed as Whole-Time Director.
Appointed
Vinay Parsotam Bhanushali was appointed as Whole-Time Director.
Incorporation
04 Jul 2018
Paxshell Private Limited was registered on 04 Jul 2018 with Roc Mumbai & aged 8 years 3 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Paxshell Private Limited
Premium access
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.
Subsidiaries & Group Companies of Paxshell Private Limited
Premium access
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 Paxshell Private Limited
Paxshell has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCP9661Q1ZC | Maharashtra | Active | 30 Mar 2019 |
Premium access
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 Paxshell Private Limited
Premium access
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 Paxshell Private Limited
Paxshell is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 04 July 2018 (8+ years old) and is registered under CIN U36999MH2018PTC311531.
Paxshell reported revenue of ₹12.74 Cr for FY 2024 (up 13% YoY).
Paxshell has 3 current directors:
- Pravin Lakhamshi Mange - Whole-Time Director
- Vinay Parsotam Bhanushali - Whole-Time Director
- Pushpa Pravin Mange - Director
Paxshell reported a net profit of ₹62.93 Lakh (net margin 4.9%) and EBITDA of ₹1.16 Cr (EBITDA margin 9.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paxshell is 35% over three years. In the latest year (FY 2024) revenue rose 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paxshell is 27AAJCP9661Q1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paxshell is U36999MH2018PTC311531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paxshell was incorporated on 04 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paxshell by revenue are Karvin Polymers Private Limited, Singla Packers Private Limited, Mettcover India Private Limited, Payal Packaging Private Limited, Visitech Engineers Private Ltd and 5 more, all in the Packaging industry (Industrial Packaging).
Pushpa Pravin Mange was appointed as Director on 12 Aug 2019. Pravin Lakhamshi Mange was appointed as Whole-Time Director on 04 Jul 2018. Vinay Parsotam Bhanushali was appointed as Whole-Time Director on 04 Jul 2018.
Yes, Paxshell is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Paxshell is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0010901).