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Saspack Ventures Private Limited - packaging in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹66.57 Cr
▼ 19% YoY
Net profit · FY 2025
₹2 Cr
Net margin 3%
EBITDA · FY 2025
₹8.46 Cr
EBITDA margin 12.7%
Authorised capital
₹4.1 Cr
Registered with MCA
Paid-up capital
₹4.01 Cr
Issued & subscribed
Open charges
₹86.7 Cr
Satisfied ₹10.65 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
30
Provident fund records
About Saspack Ventures Private Limited
Data last updated:
Saspack Ventures Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 09 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U21000PN2017PTC169319. Its GSTIN is 27AAYCS2970E2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Anand Kiran Bhandari (Whole-Time Director) and Siddharth Prakash Bhandari (Whole-Time Director).
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 202 Kamalkunj Shivaji Housing Society Off. Senapati Bapat Road, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.57 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2 Cr (net margin 3%) and EBITDA of ₹8.46 Cr (EBITDA margin 12.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 7% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹86.7 Cr and satisfied charges of ₹10.65 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 4 cases are pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021. Its 8 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 5 larger and 3 smaller; the largest is Mantone Printpack Private Limited with revenue of ₹68.29 Cr.
Saspack Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0096188). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saspack.in.
Company details
CIN U21000PN2017PTC169319
Registration Number 169319
Incorporation Date 09 March 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0096188
Recognitions & Rankings of Saspack Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0096188
Contact details
Saspack Ventures Private Limited's registered office is in Pune, Maharashtra. Its website is saspack.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address202 Kamalkunj Shivaji Housing Society Off. Senapati Bapat Road, Pune, Maharashtra, India – 411016
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Saspack Ventures Private Limited, buy the company report.
Comprehensive company report
Saspack Ventures 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 Saspack Ventures is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Saspack Ventures Private Limited, buy the company report.
Financials of Saspack Ventures Private Limited
FY 2025 filings availableSaspack Ventures Private Limited reported revenue of ₹66.57 Cr (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹66.57 Cr ▼ 19%
Net profit · FY 2025
₹2 Cr margin 3%
EBITDA · FY 2025
₹8.46 Cr margin 12.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 3%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 15%
5 years · compounded
▲ 20%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 18% 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 | ₹8.46 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2 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 | 12.7% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saspack Ventures Private Limited, buy the company report.
Board of directors of Saspack Ventures Private Limited
Saspack Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Kiran Bhandari Also directs: Juniper Health LLP, Pure Oral Healthcare LLP | Whole-Time Director | 09 Mar 2017 | 9 Years 7 Months | Current |
| Siddharth Prakash Bhandari | Whole-Time Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Saspack Ventures Private Limited is compared with the 8 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mantone Printpack Private Limited | ₹68.29 Cr (FY 2025) | 34.0% | Surat, Gujarat, India | |||
| Hartmann India Limited | ₹67.44 Cr (FY 2025) | 45.0% | Mubarakpur, Punjab, India | |||
| Rich Offset (India) Private Limited | ₹67.4 Cr (FY 2023) | 13.0% | Baddi, Himachal Pradesh, India | |||
| B.P.Packagings Private Limited | ₹66.91 Cr (FY 2025) | 30.0% | Uttar Pradesh, India | |||
| Zubair Duplex Private Limited | ₹66.91 Cr (FY 2025) | -3.0% | Aligarh, Uttar Pradesh, India | |||
| Saspack Ventures Private Limitedthis company | ₹66.57 Cr (FY 2025) | ₹2 Cr | 3% | -19.0% | 30 | Pune, Maharashtra, India |
| Alpine Containers Private Limited | ₹65.86 Cr (FY 2025) | 18.0% | Jammu and Kashmir, India | |||
| Multiwal Duplex Private Limited | ₹64.84 Cr (FY 2025) | 53.0% | Kashipur, Uttarakhand, India | |||
| Continental Corrugators Private Limited | ₹64.47 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India |
To see the full peer comparison of Saspack Ventures Private Limited, buy the company report.
Auditor
Saspack Ventures Private Limited is audited by A V DABAKE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V DABAKE & CO | FY 2023 | 137079W |
Shareholding
The shareholding of Saspack Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saspack Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹86.7 Cr
Satisfied charges
₹10.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2025 | 101205782 | Others | ₹30 Cr | Open | |
| 29 Sep 2025 | 101171554 | Others | ₹30 Lakh | Open | |
| 21 Jul 2025 | 101149551 | Others | ₹30 Cr | Open | |
| 27 Apr 2020 | 100372126 | Others | ₹17.9 Cr | Open | |
| 27 Apr 2020 | 100372127 | Others | ₹4 Cr | Open |
To see the full charge records of Saspack Ventures Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Saspack Ventures Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2018 | Rights issue | ₹4 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saspack Ventures Private Limited has 5 court cases on record: 4 filed by Saspack Ventures, 1 filed against it. 4 cases are pending and 1 is disposed.
Total cases
5
Filed by the company
4
Filed against the company
1
Pending
4
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 4 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Shah Brothers | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Harshwardhan Enterprises THR. R. Keshavulu Shetty | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Avinash Enterprises THR. Avinash Kumar Pathak | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Saspack Ventures 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.
Credit ratings & regulatory alerts
Saspack Ventures Private Limited was last rated by Icra on 29 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 29 Apr 2021 |
To see the full credit ratings and regulatory alerts of Saspack Ventures Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saspack Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Saspack Ventures Private Limited has a workforce of 30 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
30
Active EPFO establishments
1
Employee growth
3.45%
GST
Saspack Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAYCS2970E2ZS | Maharashtra | Active | 09 Jul 2017 |
To see the full GST registrations and return filing status of Saspack Ventures Private Limited, buy the company report.
Recent activity
Saspack Ventures Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Shreyans Mohan Bhandari ceased to be Additional Director on 15 Mar 2021.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101205782 was registered on 22 Dec 2025.
AGM
Saspack Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101171554 was registered on 29 Sep 2025.
Charges
A charge with Others of Rs. 17.90 Cr registered on 27 Apr 2020 with Charge ID 100372126 was modified on 05 Aug 2025.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101149551 was registered on 21 Jul 2025.
Filing
Saspack Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 27 Feb 2024 via Charge ID 100880168 with Others was fully satisfied on 04 May 2024.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100880168 was registered on 27 Feb 2024.
Charges
A charge with Others of Rs. 4.00 Cr registered on 27 Apr 2020 with Charge ID 100372127 was modified on 02 Dec 2022.
Charges
A charge with Others of Rs. 4.50 Cr registered on 27 Apr 2020 with Charge ID 100372128 was modified on 02 Dec 2022.
Ceased
Shreyans Mohan Bhandari ceased to be Additional Director.
Appointed
Siddharth Prakash Bhandari was appointed as Whole-Time Director.
10 earlier events are in the company report.
Frequently asked questions
Saspack Ventures is an active private limited company based in Pune, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 09 March 2017 (9+ years old) and is registered under CIN U21000PN2017PTC169319.
Saspack Ventures has 2 current directors:
- Anand Kiran Bhandari - Whole-Time Director
- Siddharth Prakash Bhandari - Whole-Time Director
The latest financial statements of Saspack Ventures 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 FY 2017 are in the company report.
The GSTIN of Saspack Ventures is 27AAYCS2970E2ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saspack Ventures is U21000PN2017PTC169319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saspack Ventures has 5 court cases on record: 4 filed by the company and 1 filed against it. 4 are pending.
Saspack Ventures was incorporated on 09 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Saspack Ventures has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2021.
The peers of Saspack Ventures by revenue are Mantone Printpack Private Limited, Hartmann India Limited, Rich Offset (India) Private Limited, B.P.Packagings Private Limited, Zubair Duplex Private Limited and 3 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Shreyans Mohan Bhandari ceased to be Additional Director on 15 Mar 2021. Siddharth Prakash Bhandari was appointed as Whole-Time Director on 15 Mar 2021. Shubhnath Shreenath Nagar ceased to be Additional Director on 09 Jul 2019. Saspack Ventures has 6 board changes on record in total.
Yes, Saspack Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).