Picasso Flexibles Limited - Company Profile

It is a paper public limited company based in Mumbai, Maharashtra, India, established in 2015.
2015 Mumbai, Maharashtra, India Active
Last Updated:
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About Picasso Flexibles Limited

Picasso Flexibles Limited, a active public limited company, was established on 15 June 2015 in Mumbai, Maharashtra, India. Engaging in paper & paper products within the paper sector, it holds CIN: U21020MH2015PLC265556. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Its leadership includes Vansh Jaiprakash Chiripal (Additional Director), Jaiprakash Devkinandan Chiripal (Director), Sumant Singhal (Director). Past directors included Jyotiprasad Devkinandan Chiripal, Vedprakash Devkinandan Chiripal. It holds ₹1,192.11 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 109/110, Penunsula Centre , Dr. S. S. Rao Road, Parel,, Mumbai, Maharashtra, 400012.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U21020MH2015PLC265556

  • Registration Number

    265556

  • Incorporation Date

    15 June 2015

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 10 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1,192.11 Cr
  • Revenue Growth **** %
  • Profit Growth **** 150.44%
  • Ebitda ****
  • Net Worth 1823.68%
  • Total Assets **** 9.86%
Company report

Picasso Flexibles Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Picasso Flexibles Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Picasso Flexibles Limited?
Current Directors
Name Designation Appointment Date Status
Vansh Jaiprakash Chiripal Additional Director 25 Apr 2025 Current
Jaiprakash Devkinandan Chiripal Director 15 Jun 2015 Current
Sumant Singhal Director 15 Jun 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 24 Aug 2016 Past
Pramod Abcsdd Director 24 Aug 2016 Past

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Financial Performance of Picasso Flexibles.

Picasso Flexibles Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 150.44% increase in profit. The company's net worth Soared by an impressive increase of 1823.68%.

Picasso Flexibles revenue growth over time
Picasso Flexibles profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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Revenue from Operations
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Total Assets
*******
 9.86%
*******
*******
*******
*******
Profit or Loss
*******
 150.44%
*******
*******
*******
*******
Net Worth
*******
 1823.68%
*******
*******
*******
*******
EBITDA
*******
*******
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Picasso Flexibles?

In 2023, Picasso Flexibles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹11,921,130,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 1192.11 Cr
Latest Charge Details
Date Lender Amount Status
20 Jan 2020 Others ₹11.41 Cr Open
13 Sep 2019 Others ₹1,180.70 Cr Open

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How Many Employees Work at Picasso Flexibles?

Unlock and access historical data on people associated with Picasso Flexibles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Picasso Flexibles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Picasso Flexibles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Picasso Flexibles
Recent Activity within the Organization
  • Annual General Meeting

    The activity Picasso Flexibles Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others of Rs. 114.10 M registered on 20 Jan 2020 with Charge ID 100320332 was modified on 10 Jun 2025. was completed.

  • Director Appointment

    Progress on Vansh Jaiprakash Chiripal was appointed as a Additional Director was appointed as a Additional Director on 25 Apr 2025 & has been associated with this company since 9 months 19 days . was documented.

  • Balance Sheet

    Picasso Flexibles Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    A charge with Others of Rs. 11,807.03 M registered on 13 Sep 2019 with Charge ID 100292152 was modified on 12 Nov 2020. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 114.10 M with Charge ID 100320332 was registered on 20 Jan 2020. was completed.

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Frequently Asked Questions
What is the CIN of Picasso Flexibles Limited?

The CIN of Picasso Flexibles Limited is U21020MH2015PLC265556.

Where is Picasso Flexibles Limited headquartered?

Picasso Flexibles Limited is headquartered at 109/110, Penunsula Centre , Dr. S. S. Rao Road, Parel,, Mumbai, Maharashtra, 400012.

When was Picasso Flexibles Limited incorporated?

Picasso Flexibles Limited was incorporated on 15 June 2015.

Who are the current directors of Picasso Flexibles Limited?

The current directors of Picasso Flexibles Limited are

What is the primary industry of Picasso Flexibles Limited?

The primary industry of Picasso Flexibles Limited is Paper.

Is Picasso Flexibles Limited a listed company?

Picasso Flexibles Limited is unlisted.

What is the capital structure of Picasso Flexibles Limited?

The authorized capital of Picasso Flexibles Limited is ₹0.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Picasso Flexibles Limited?

The compliance status of Picasso Flexibles Limited is Compliant.

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