MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0068064
Polypet Flexible Packaging Private Limited - packaging in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹25.19 Cr
▲ 9% YoY
Net loss · FY 2025
₹7.23 Cr
Net margin -28.7%
EBITDA · FY 2025
-₹4.08 Cr
EBITDA margin -16.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹20.86 Cr
Satisfied ₹2.1 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
33
Provident fund records
About Polypet Flexible Packaging Private Limited
Data last updated:
Polypet Flexible Packaging Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 29 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2005PTC152894. Its GSTIN is 27AADCP5614K1Z9 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Kalindi Jitendra Shastri and Nikhil Arun Amidwar.
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.M – 4 M.I.D.C.Industrialarea Hingna, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.19 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹7.23 Cr (net margin -28.7%) and EBITDA of -₹4.08 Cr (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 33 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.86 Cr and satisfied charges of ₹2.1 Cr on record. Court records list 67 cases involving the company, including 11 filed by the company and 56 filed against it; 30 cases are pending.
Polypet Flexible Packaging Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0068064). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website polypet.in.
Company details
CIN U25200MH2005PTC152894
Registration Number 152894
Incorporation Date 29 April 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-20-0068064
Recognitions & Rankings of Polypet Flexible Packaging
Contact details
Polypet Flexible Packaging Private Limited's registered office is in Nagpur, Maharashtra. Its website is polypet.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.M – 4 M.I.D.C.Industrialarea Hingna, Nagpur, Maharashtra, India – 440016
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Polypet Flexible Packaging Private Limited, buy the company report.
Comprehensive company report
Polypet Flexible Packaging 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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Business activity
The main business activity of Polypet Flexible Packaging 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 Polypet Flexible Packaging Private Limited, buy the company report.
Financials of Polypet Flexible Packaging Private Limited
FY 2025 filings availablePolypet Flexible Packaging Private Limited reported revenue of ₹25.19 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹25.19 Cr ▲ 9%
Net loss · FY 2025
₹7.23 Cr margin -28.7%
EBITDA · FY 2025
-₹4.08 Cr margin -16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 2%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▼ 54%
5 years · compounded
▼ 28%
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 79% 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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| EBITDA | -₹4.08 Cr | ||||
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| Net Profit (PAT) | -₹7.23 Cr | ||||
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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 | -16.2% | ||||
| Net Profit Margin | -28.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Polypet Flexible Packaging Private Limited, buy the company report.
Board of directors of Polypet Flexible Packaging Private Limited
Polypet Flexible Packaging has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalindi Jitendra Shastri | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
| Nikhil Arun Amidwar | Director | 29 May 2005 | 21 Years 4 Months | Current |
Auditor
Polypet Flexible Packaging Private Limited is audited by A S DAGA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S DAGA & CO | FY 2022 | 119470W |
Shareholding
The shareholding of Polypet Flexible Packaging Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Polypet Flexible Packaging Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.86 Cr
Satisfied charges
₹2.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2023 | 100670064 | Others | ₹50 Lakh | Open | |
| 10 May 2022 | 100571578 | Others | ₹70 Lakh | Open | |
| 12 Feb 2018 | 100192075 | Others | ₹1.5 Cr | Open | |
| 24 Jan 2017 | 100098689 | Others | ₹57.6 Lakh | Open | |
| 09 Jun 2014 | 10503160 | The Cosmos Co-Operative Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Polypet Flexible Packaging Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Polypet Flexible Packaging Private Limited has 67 court cases on record: 11 filed by Polypet Flexible Packaging, 56 filed against it. 30 cases are pending and 37 are disposed.
Total cases
67
Filed by the company
11
Filed against the company
56
Pending
30
Disposed
37
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 49 | 26 |
| High courts | 6 | 4 | 2 |
| NCLAT | 3 | 3 | 2 |
Cases on record (5 of 67)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against M/S Kotak Mahindra Bank Ltd | Pending |
| District court, GANDHINAGAR, Gujarat | Civil suit | Filed against the company by Som Shiva (Impex) Ltd., Through Its Authorized Person Dhiren Bharat Parikh | Pending |
| District court, Nagpur, Maharashtra | Commercial suit | Filed against the company by M/S Vandana Enterprises Private Limited | Pending |
| District court, Nagpur, Maharashtra | Arbitration matter | Filed against the company by Vyankatesh Udyog India Private Limited THR Is Prop. Krishnakumar Manilal Gupta | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by VRG Healthcare Pvt Ltd | Pending |
To see the full case history of Polypet Flexible Packaging Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Polypet Flexible Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Polypet Flexible Packaging Private Limited has a workforce of 33 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
33
Active EPFO establishments
1
Employee growth
65%
GST
Polypet Flexible Packaging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP5614K1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Polypet Flexible Packaging Private Limited, buy the company report.
Recent activity
Polypet Flexible Packaging Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Kalindi Jitendra Shastri ceased to be Additional Director on 31 Dec 2020.
AGM
Polypet Flexible Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Polypet Flexible Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100670064 was registered on 17 Jan 2023.
Charges
A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100571578 was registered on 10 May 2022.
Charges
A charge with Others of Rs. 14.67 Cr registered on 23 Nov 2007 with Charge ID 10084494 was modified on 26 Mar 2021.
Ceased
Kalindi Jitendra Shastri ceased to be Additional Director.
Appointed
Kalindi Jitendra Shastri was appointed as Director.
Ceased
Ritesh Arun Amidwar ceased to be Director.
Ceased
Varsha Arun Amidwar ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100192075 was registered on 12 Feb 2018.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100098689 was registered on 24 Jan 2017.
Charges
A charge with The Cosmos Co-Operative Bank Limited amounted to Rs. 0.30 Cr with Charge ID 10503160 was registered on 09 Jun 2014.
7 earlier events are in the company report.
Frequently asked questions
Polypet Flexible Packaging is an active private limited company based in Nagpur, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 29 April 2005 (21+ years old) and is registered under CIN U25200MH2005PTC152894.
Polypet Flexible Packaging has 2 current directors:
- Kalindi Jitendra Shastri - Director
- Nikhil Arun Amidwar - Director
The latest financial statements of Polypet Flexible Packaging 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 Polypet Flexible Packaging is 27AADCP5614K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Polypet Flexible Packaging is U25200MH2005PTC152894. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Polypet Flexible Packaging has 67 court cases on record: 11 filed by the company and 56 filed against it. 30 are pending. Most are in the district courts.
Polypet Flexible Packaging was incorporated on 29 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Kalindi Jitendra Shastri ceased to be Additional Director on 31 Dec 2020. Kalindi Jitendra Shastri was appointed as Director on 28 Jan 2020. Ritesh Arun Amidwar ceased to be Director on 28 Jan 2020. Polypet Flexible Packaging has 5 board changes on record in total.
Yes, Polypet Flexible Packaging is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0068064).
Polypet Flexible Packaging can be reached through the website polypet.in. Its registered office is in Nagpur, Maharashtra, India.