Praspack Industries Private Limited

Praspack Industries Private Limited - packaging in Gandhinagar, Gujarat, India. FY 2026 financials & compliance.
CIN U25202GJ2010PTC061326 Incorporated 26 June 2010 ROC Ahmedabad HQ Gandhinagar, Gujarat, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2025
₹139.64 Cr
▲ 11% YoY
Net profit · FY 2025
₹4.35 Cr
Net margin 3.1%
EBITDA · FY 2025
₹11.79 Cr
EBITDA margin 8.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹65.35 Cr
Satisfied ₹22.38 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
108
Provident fund records

About Praspack Industries Private Limited

Data last updated:

Praspack Industries Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 26 June 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2010PTC061326. Its GSTIN is 24AAFCP5643L1Z6 (Gujarat).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Niruben Vishnubhai Patel and Rajubhai Prahladbhai Patel.

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 Praspack Plot No. 32 Near Pharma Lab Santej – Vadasar Road Santej Ta. Kalol, Gandhinagar, Gujarat, India – 382721.

As per the financials filed for FY 2025, the company reported a revenue of ₹139.64 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Cr (net margin 3.1%) and EBITDA of ₹11.79 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.

The company has about 108 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹65.35 Cr and satisfied charges of ₹22.38 Cr on record. Court records list 25 cases involving the company, including 22 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2011. Its 10 peer companies in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 5 larger and 5 smaller; the largest is Machinfabrik Industries Private Limited with revenue of ₹140.7 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 95 overdue payments to 10 micro and small suppliers.

Praspack Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0000272). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website praspack.com.

Company details

CIN U25202GJ2010PTC061326
Registration Number 061326
Incorporation Date 26 June 2010
ROC Ahmedabad
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 Medium
Udyam Registration UDYAM-GJ-09-0000272

CIN history

Praspack Industries has one previous CIN (Corporate Identification Number): U22203GJ2010PTC061326. The current CIN is U25202GJ2010PTC061326, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25202GJ2010PTC061326Current
U22203GJ2010PTC061326Previous
Key People
Niruben Vishnubhai Patel Director Rajubhai Prahladbhai Patel Director Pravinkumar Narayanbhai Patel Director

Recognitions & Rankings of Praspack Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-09-0000272

Contact details

Praspack Industries Private Limited's registered office is in Gandhinagar, Gujarat. Its website is praspack.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    praspack.com
  • Social Media
  • Registered Address
    Praspack Plot No. 32 Near Pharma Lab Santej – Vadasar Road Santej Ta. Kalol, Gandhinagar, Gujarat, India – 382721
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of Praspack Industries Private Limited, buy the company report.

Comprehensive company report
Praspack Industries 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Praspack Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Praspack Industries Private Limited, buy the company report.

Financials of Praspack Industries Private Limited

FY 2025 filings available

Praspack Industries Private Limited reported revenue of ₹139.64 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹139.64 Cr ▲ 11%
Net profit · FY 2025
₹4.35 Cr margin 3.1%
EBITDA · FY 2025
₹11.79 Cr margin 8.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 20%
5 years · compounded
▼ 2%

Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 11% growth in the latest year. EBITDA fell 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹11.79 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.35 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.4%
Net Profit Margin3.1%
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

To see the full financial statements and ratios of Praspack Industries Private Limited, buy the company report.

Board of directors of Praspack Industries Private Limited

Praspack Industries has 10 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Niruben Vishnubhai PatelDirector26 Jun 201016 Years 4 MonthsCurrent
Rajubhai Prahladbhai PatelDirector26 Jun 201016 Years 4 MonthsCurrent
Pravinkumar Narayanbhai Patel
Also directs: Riya Exim Private Limited, Prachem Laboratories Private Limited, Prachem Life Sciences Private Limited
Director26 Jun 201016 Years 4 MonthsCurrent
Arkit Vishnubhai PatelDirector26 Jun 201016 Years 4 MonthsCurrent
Ashwinkumar Somabhai PatelDirector26 Jun 201016 Years 4 MonthsCurrent
Bhagwati Rajubhai PatelDirector26 Jun 201016 Years 4 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Praspack Industries Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Machinfabrik Industries Private Limited₹140.7 Cr (FY 2025)21.0%Navi Mumbai, Maharashtra, India
Pavit Ceramics Private Limited₹140.3 Cr (FY 2025)-1.0%Ahmedabad, Gujarat, India
Metaloop Renewables Private Limited₹140.26 Cr (FY 2025)2.0%Kolkata, West Bengal, India
LDM Agro Foods Private Limited₹140.03 Cr (FY 2025)-13.0%New Delhi, Delhi, India
Tiana Jewellery Exports Private Limited₹139.69 Cr (FY 2025)77.0%Mumbai, Maharashtra, India
Praspack Industries Private Limitedthis company₹139.64 Cr (FY 2025)₹4.35 Cr3.1%11.0%108Gandhinagar, Gujarat, India
CSJ Ventures Private Limited₹139.54 Cr (FY 2024)20.0%Pune, Maharashtra, India
Tinita Engineering Private Limited₹139.43 Cr (FY 2025)19.0%Navi Mumbai, Maharashtra, India
M R Overseas Private Limited₹139.09 Cr (FY 2025)26.0%Delhi, India
Vaibhav Cotgin Private Limited₹139.07 Cr (FY 2025)-23.0%Wani, Maharashtra, India
A2z Filtration Specialities Private Limited₹138.89 Cr (FY 2025)7.0%New Delhi, Delhi, India

To see the full peer comparison of Praspack Industries Private Limited, buy the company report.

Auditor

Praspack Industries Private Limited is audited by M.A. JOSHI & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
M.A. JOSHI & CO.FY 2024117256W

Shareholding

The shareholding of Praspack Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Praspack Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹65.35 Cr
Satisfied charges
₹22.38 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹65.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Jun 2023100757008Hdfc Bank Limited₹27 LakhOpen
21 Dec 2020100399420Hdfc Bank Limited₹56.85 LakhOpen
21 Dec 2020100413720Hdfc Bank Limited₹12.84 LakhOpen
10 Nov 2017100135125Hdfc Bank Limited₹31.69 CrOpen
30 Mar 2017100088708Hdfc Bank Limited₹32.69 CrOpen

To see the full charge records of Praspack Industries Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Praspack Industries Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2011.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹3 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2011Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 4 individuals
Dec 2010Funding round₹3 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Praspack Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 95 overdue payments to 10 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 10)

SupplierAmount dueDue sinceReported on
an individual supplier
Pixel Gravuers
Om Corporation
an individual supplier
an individual supplier

To see the full MSME payment records of Praspack Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Praspack Industries Private Limited has a workforce of 108 employees on its EPFO records as of Feb 02, 2025, across 1 active EPFO establishment.

Employee count
108
Active EPFO establishments
1
Employee growth
-19.4%

GST

Praspack Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCP5643L1Z6GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Praspack Industries Private Limited, buy the company report.

Recent activity

Praspack Industries Private Limited has 11 board changes on record since 2010: 10 appointments and 1 cessation. The latest: Neelam Mohanlal Gurbaxani ceased to be Company Secretary on 25 May 2020.

AGM
Praspack Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 31.69 Cr registered on 10 Nov 2017 with Charge ID 100135125 was modified on 18 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 32.69 Cr registered on 30 Mar 2017 with Charge ID 100088708 was modified on 18 Sep 2025.
Filing
Praspack Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100757008 was registered on 09 Jun 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.57 Cr with Charge ID 100399420 was registered on 21 Dec 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100413720 was registered on 21 Dec 2020.
Ceased
Neelam Mohanlal Gurbaxani ceased to be Company Secretary.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 31.69 Cr with Charge ID 100135125 was registered on 10 Nov 2017.
Charges
A charge registered on 01 Sep 2010 via Charge ID 10259768 with Axis Bank Limited was fully satisfied on 12 Jun 2017.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.69 Cr with Charge ID 100088708 was registered on 30 Mar 2017.
Charges
A charge with Axis Bank Limited of Rs. 22.38 Cr registered on 01 Sep 2010 with Charge ID 10259768 was modified on 18 May 2016.

12 earlier events are in the company report.

Frequently asked questions

Praspack Industries is an active private limited company based in Gandhinagar, Gujarat, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 26 June 2010 (16+ years old) and is registered under CIN U25202GJ2010PTC061326.

Praspack Industries has 10 current directors:

The latest financial statements of Praspack Industries 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 Praspack Industries is 24AAFCP5643L1Z6, registered in Gujarat.

The CIN (Corporate Identification Number) of Praspack Industries is U25202GJ2010PTC061326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Praspack Industries has 25 court cases on record: 22 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Praspack Industries was incorporated on 26 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Praspack Industries has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹3 Cr; the latest was in March 2011.

The peers of Praspack Industries by revenue are Machinfabrik Industries Private Limited, Pavit Ceramics Private Limited, Metaloop Renewables Private Limited, LDM Agro Foods Private Limited, Tiana Jewellery Exports Private Limited and 5 more, all in the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).

Neelam Mohanlal Gurbaxani ceased to be Company Secretary on 25 May 2020. Arkit Vishnubhai Patel was appointed as Director on 26 Jun 2010. Ashwinkumar Somabhai Patel was appointed as Director on 26 Jun 2010. Praspack Industries has 11 board changes on record in total.

Yes, Praspack Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-09-0000272).

Praspack Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 95 overdue payments to 10 micro and small suppliers. The latest return was filed on 08 Jun 2019.