About Picasso Flexibles Limited
Data last updated: 11 January 2026
Picasso Flexibles Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Chiripal Poly Films Limited. It specialises in paper and paper products, a part of the broader paper and packaging sector. Incorporated on 15 June 2015, the company has been in operation for over 11 years.
Registered with ROC Mumbai under CIN U21020MH2015PLC265556.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vansh Jaiprakash Chiripal and Jaiprakash Devkinandan Chiripal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 109/110 Penunsula Centre Dr. S. Rao Road Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,000.
It operates as a subsidiary of Chiripal Poly Films Limited.
As per MCA filings, the company has open charges of ₹1,192.11 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chiripalgroup.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address109/110 Penunsula Centre Dr. S. Rao Road Parel, Mumbai, Maharashtra, India – 400012
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IndustryPaper, Paper & Paper Products, Corrugated Paper And Paperboard Container, Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Auditor Details of Picasso Flexibles Limited
Picasso Flexibles Limited is audited by NAHTA JAIN & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAHTA JAIN & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Picasso Flexibles Limited
Picasso Flexibles Limited is currently managed by 3 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vansh Jaiprakash Chiripal | Additional Director | 25 Apr 2025 | 1 Years 2 Months | Current |
|
Jaiprakash Devkinandan Chiripal
Also directs:
Chiripal Poly Films Limited, Nandan Chiripal Energy Coporation Llp, Nandan Corporation Llp and 5 more
|
Director | 15 Jun 2015 | 11 Years 0 Months | Current |
| Sumant Singhal | Director | 15 Jun 2015 | 11 Years 0 Months | Current |
Financials of Picasso Flexibles Limited FY 2025 filings available
Picasso Flexibles Limited reported revenue of ₹5,000 (up ) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Picasso Flexibles Limited
As of FY 2023, Picasso Flexibles Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Picasso Flexibles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jan 2020 | Others | ₹11.41 Cr | Open |
| 13 Sep 2019 | Others | ₹1,180.7 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Picasso Flexibles Limited
View historical data on people associated with Picasso Flexibles Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Picasso Flexibles Limited
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GST Compliance of Picasso Flexibles Limited
GSTIN & GST Filing Data of Picasso Flexibles Limited
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Credit Ratings, Litigation & Regulatory Alerts for Picasso Flexibles Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Picasso Flexibles Limited
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MSME Payment Delays by Picasso Flexibles Limited
MSME Payment Delays by Picasso Flexibles Limited
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Subsidiaries & Group Companies of Picasso Flexibles Limited
Subsidiaries & Group Companies of Picasso Flexibles Limited
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MCA Filings & Documents of Picasso Flexibles Limited
MCA Filings & Documents of Picasso Flexibles Limited
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Recent Activity on Picasso Flexibles Limited
Frequently Asked Questions about Picasso Flexibles Limited
Picasso Flexibles Limited is an active public limited company in the paper sector based in Mumbai, Maharashtra, India. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U21020MH2015PLC265556.
Picasso Flexibles Limited reported revenue of ₹5,000 for FY 2025.
The current directors of Picasso Flexibles Limited are:
The primary industry of Picasso Flexibles Limited is paper. The company specifically operates in paper and paper products. The company is currently active in this sector.
Picasso Flexibles Limited can be reached at the registered office: 109110 Penunsula Centre Dr. S. Rao Road Parel, Mumbai, Maharashtra, India – 400012, or through the website chiripalgroup.com.
The authorised capital is ₹5 Lakh, and the paid-up capital is ₹5 Lakh.