MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-01-0087316
Reform Packaging Private Limited - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹4.49 Cr
▼ 68% YoY
Net loss · FY 2022
₹24.85 Lakh
Net margin -5.5%
EBITDA · FY 2022
-₹22.02 Lakh
EBITDA margin -4.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹13.4 Cr
No open charges
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
About Reform Packaging Private Limited
Data last updated:
Reform Packaging Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 05 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2008PTC053782. Its GSTIN is 24AAECR0780R1ZX (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Rupalben Vijaybhai Shah and Vijaykumar Prvinkumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1st Floorm Tulip Complex Behind Pakwan Hotel Near V.S.Hospital, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.49 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹24.85 Lakh (net margin -5.5%) and EBITDA of -₹22.02 Lakh (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company is associated with 1 brand: Reform Packaging. As per MCA filings, the company has satisfied charges of ₹13.4 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
Reform Packaging Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0087316). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reformpack.co.in.
Company details
CIN U25202GJ2008PTC053782
Registration Number 053782
Incorporation Date 05 May 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0087316
Key People
Rupalben Vijaybhai Shah Director Vijaykumar Prvinkumar Shah Director Kishore Kashyap Director Recognitions & Rankings of Reform Packaging
Contact details
Reform Packaging Private Limited's registered office is in Ahmedabad, Gujarat. Its website is reformpack.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floorm Tulip Complex Behind Pakwan Hotel Near V.S.Hospital, Ahmedabad, Gujarat, India – 380006
- IndustryPackaging, Industrial Packaging Solutions, Woven Packaging Products
To see the full contact details of Reform Packaging Private Limited, buy the company report.
Comprehensive company report
Reform 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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Brands
Reform Packaging operates one associated brand: Reform Packaging. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying packaging bags and pouches for industrial and agricultural uses. | reformpack.co.in |
Business activity
The main business activity of Reform 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 Reform Packaging Private Limited, buy the company report.
Financials of Reform Packaging Private Limited
FY 2022 filings availableReform Packaging Private Limited reported revenue of ₹4.49 Cr (down 68% YoY) for FY 2022.
Revenue · FY 2022
₹4.49 Cr ▼ 68%
Net loss · FY 2022
₹24.85 Lakh margin -5.5%
EBITDA · FY 2022
-₹22.02 Lakh margin -4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 1%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 476%
3 years · compounded
▼ 39%
5 years · compounded
▼ 34%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 68% fall in the latest year. EBITDA fell 476% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹22.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.85 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -5.5% | ||||
| 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 Reform Packaging Private Limited, buy the company report.
Board of directors of Reform Packaging Private Limited
Reform Packaging has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupalben Vijaybhai Shah | Director | 06 Jun 2019 | 7 Years 4 Months | Current |
| Vijaykumar Prvinkumar Shah Also directs: Shiroratna Ayurveda LLP | Director | 05 May 2008 | 18 Years 5 Months | Current |
| Kishore Kashyap | Director | 17 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Reform Packaging Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shiner Sacks Private Limited | ₹4.52 Cr (FY 2024) | 0.0% | Tamil Nadu, India | |||
| Siddhdatri Packaging Private Limited | ₹4.51 Cr (FY 2021) | -9.0% | Delhi, India | |||
| Reform Packaging Private Limitedthis company | ₹4.49 Cr (FY 2022) | -₹24.85 Lakh | -5.5% | -68.0% | Ahmedabad, Gujarat, India | |
| Sri Shandar Industry Private Limited | ₹4.48 Cr (FY 2024) | -32.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Reform Packaging Private Limited, buy the company report.
Auditor
Reform Packaging Private Limited is audited by BJS & ASSOCIATES113268W for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BJS & ASSOCIATES113268W | FY 2022 | 113268W |
Shareholding
The shareholding of Reform Packaging Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reform Packaging Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹13.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2017 | 100151275 | The Kalupur Commercial Co-Operative Bank Limited | ₹9.9 Cr | Satisfied | |
| 13 Jan 2014 | 10473904 | The Kalupur Commercial Co-Op. Bank Ltd. | ₹50 Lakh | Satisfied | |
| 11 Dec 2009 | 10199034 | The Kalupur Commercial Co-Operative Bank Limited | ₹1 Cr | Satisfied | |
| 03 Mar 2009 | 10148928 | Vijaya Bank | ₹50 Lakh | Satisfied | |
| 03 Mar 2009 | 10148932 | Vijaya Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Reform Packaging Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Reform Packaging Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Reform 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 Reform Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reform Packaging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR0780R1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Reform Packaging Private Limited, buy the company report.
Recent activity
Reform Packaging Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Kishore Kashyap ceased to be Additional Director on 30 Sep 2022.
AGM
Reform Packaging Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Kishore Kashyap ceased to be Additional Director.
Appointed
Kishore Kashyap was appointed as Director.
Filing
Reform Packaging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Charges
A charge registered on 12 Dec 2017 via Charge ID 100151275 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 10 Aug 2021.
Charges
A charge registered on 13 Jan 2014 via Charge ID 10473904 with The Kalupur Commercial Co-Op. Bank Ltd. was fully satisfied on 10 Aug 2021.
Charges
A charge registered on 11 Dec 2009 via Charge ID 10199034 with The Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 10 Aug 2021.
Ceased
Rupalben Vijaybhai Shah ceased to be Additional Director.
Ceased
Ankitkumar Pravinkumar Shah ceased to be Director.
Ceased
Pravinchandra Bhogilal Shah ceased to be Director.
Appointed
Rupalben Vijaybhai Shah was appointed as Director.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited amounted to Rs. 990.00 Lakh with Charge ID 100151275 was registered on 12 Dec 2017.
10 earlier events are in the company report.
Frequently asked questions
Reform Packaging is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 05 May 2008 (18+ years old) and is registered under CIN U25202GJ2008PTC053782.
Reform Packaging has 3 current directors:
- Rupalben Vijaybhai Shah - Director
- Vijaykumar Prvinkumar Shah - Director
- Kishore Kashyap - Director
The latest financial statements of Reform Packaging on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Reform Packaging is 24AAECR0780R1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Reform Packaging is U25202GJ2008PTC053782. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reform Packaging has 4 court cases on record: 4 filed against it.
Reform Packaging was incorporated on 05 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Reform Packaging by revenue are Shiner Sacks Private Limited, Siddhdatri Packaging Private Limited, Sri Shandar Industry Private Limited, all in the Packaging industry (Industrial Packaging, Woven Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Kishore Kashyap ceased to be Additional Director on 30 Sep 2022. Kishore Kashyap was appointed as Director on 17 May 2022. Rupalben Vijaybhai Shah ceased to be Additional Director on 30 Sep 2019. Reform Packaging has 7 board changes on record in total.
Yes, Reform Packaging is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0087316).
Reform Packaging can be reached through the website reformpack.co.in. Its registered office is in Ahmedabad, Gujarat, India.