Shimnit Kiwalite Industries Private Limited

Shimnit Kiwalite Industries Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH1997PTC105508 Incorporated 29 January 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company packaging MSME · Small
Data last updated
Revenue · FY 2025
₹17.56 Cr
▲ 72% YoY
Net profit · FY 2025
₹1 Cr
Net margin 5.7%
EBITDA · FY 2025
₹1.95 Cr
EBITDA margin 11.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹15.3 Cr
Satisfied ₹7 Cr
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings

About Shimnit Kiwalite Industries Private Limited

Data last updated:

Shimnit Kiwalite Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 29 January 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1997PTC105508. Its GSTIN is 27AAECS8610B1ZM (Maharashtra). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Shimnit Kiwalite Industries Limited. It is led by directors Dhruv Manoj Patel and Ravindrakumar Shrigopal Inani.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Regent Chembers Nariman Point, Mumbai, Maharashtra, India – 400021.

As per the financials filed for FY 2025, the company reported a revenue of ₹17.56 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 5.7%) and EBITDA of ₹1.95 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 9% over five years.

As per MCA filings, the company has open charges of ₹15.3 Cr and satisfied charges of ₹7 Cr on record. Court records list 21 cases involving the company, including 4 filed by the company and 17 filed against it; 4 cases are pending.

Shimnit Kiwalite Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0180579). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74999MH1997PTC105508
Registration Number 105508
Incorporation Date 29 January 1997
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0180579

CIN history

Shimnit Kiwalite Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999MH1997PTC105508, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH1997PTC105508Current
U74999MH1997PLC105508Previous
L74999MH1997PLC105508Previous
Key People
Dhruv Manoj Patel Director Ravindrakumar Shrigopal Inani Director

Recognitions & Rankings of Shimnit Kiwalite Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0180579

Contact details

Shimnit Kiwalite Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    8th Floor Regent Chembers Nariman Point, Mumbai, Maharashtra, India – 400021
  • Industry
    Packaging, Packaging Films & Foils

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

Comprehensive company report
Shimnit Kiwalite 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
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Business activity

The main business activity of Shimnit Kiwalite Industries is support service to organizations. In detail, this covers other support services to organizations.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN7Other support services to organizations

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

Financials of Shimnit Kiwalite Industries Private Limited

FY 2024 filings available

Shimnit Kiwalite Industries Private Limited reported revenue of ₹17.56 Cr (up 72% YoY) for FY 2025.

Revenue · FY 2025
₹17.56 Cr ▲ 72%
Net profit · FY 2025
₹1 Cr margin 5.7%
EBITDA · FY 2025
₹1.95 Cr margin 11.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 72%
3 years · compounded
▼ 2%
5 years · compounded
▲ 9%
EBITDA CAGR growth
3 years · compounded
▲ 22%
5 years · compounded
▲ 65%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 72% growth 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₹1.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1 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 Margin11.1%
Net Profit Margin5.7%
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 Shimnit Kiwalite Industries Private Limited, buy the company report.

Board of directors of Shimnit Kiwalite Industries Private Limited

Shimnit Kiwalite Industries has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhruv Manoj Patel
Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more
Director05 Aug 201214 Years 3 MonthsCurrent
Ravindrakumar Shrigopal Inani
Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more
Director16 Jan 20242 Years 9 MonthsCurrent
View all directors

Auditor

Shimnit Kiwalite Industries Private Limited is audited by R. KABRA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R. KABRA & CO.FY 2023104502W

Shareholding

The shareholding of Shimnit Kiwalite 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 Shimnit Kiwalite Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15.3 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
Vijaya Bank₹10.40 Cr
State Bank of India₹4.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Jan 2025101048528State Bank of India₹4.9 CrOpen
09 Jan 2018100162324Vijaya Bank₹7.4 CrOpen
29 Sep 200810127585Vijaya Bank₹1.5 CrOpen
03 Jun 200610005010Vijaya Bank₹1.5 CrOpen
15 Apr 201310429056Vijaya Bank₹7 CrSatisfied

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

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Shimnit Kiwalite Industries Private Limited was last rated by Crisil on 11 Feb 2021.

Rating agencyRated onRating
Crisil11 Feb 2021

To see the full credit ratings and regulatory alerts of Shimnit Kiwalite Industries Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shimnit Kiwalite Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shimnit Kiwalite Industries has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AAECS8610B1ZMMaharashtraActive01 Jul 2017
27AAECS8610B2ZLMaharashtraActive01 Sep 2017
07AAECS8610B1ZODelhiActive01 Jul 2017

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

Recent activity

Shimnit Kiwalite Industries Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Ravindrakumar Shrigopal Inani ceased to be Additional Director on 29 Sep 2024.

AGM
Shimnit Kiwalite Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 4.90 Cr with Charge ID 101048528 was registered on 16 Jan 2025.
Ceased
Ravindrakumar Shrigopal Inani ceased to be Additional Director.
Filing
Shimnit Kiwalite Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ravindrakumar Shrigopal Inani was appointed as Director.
Ceased
Rushang Nitin Shah ceased to be Director.
Charges
A charge registered on 15 Apr 2013 via Charge ID 10429056 with Vijaya Bank was fully satisfied on 28 Nov 2018.
Ceased
Geeta Ravi Gurnani ceased to be Director.
Charges
A charge with Vijaya Bank amounted to Rs. 7.40 Cr with Charge ID 100162324 was registered on 09 Jan 2018.
Charges
A charge with Vijaya Bank amounted to Rs. 7.00 Cr with Charge ID 10429056 was registered on 15 Apr 2013.
Ceased
Dhruv Manoj Patel ceased to be Additional Director.
Ceased
Bhartindu Talwar ceased to be Director Appointed In Casual Vacancy.

7 earlier events are in the company report.

Frequently asked questions

Shimnit Kiwalite Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 29 January 1997 (29+ years old) and is registered under CIN U74999MH1997PTC105508.

Shimnit Kiwalite Industries has 2 current directors:

The latest financial statements of Shimnit Kiwalite Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Shimnit Kiwalite Industries is 27AAECS8610B1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAECS8610B2ZL (Maharashtra), 07AAECS8610B1ZO (Delhi).

The CIN (Corporate Identification Number) of Shimnit Kiwalite Industries is U74999MH1997PTC105508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shimnit Kiwalite Industries has 21 court cases on record: 4 filed by the company and 17 filed against it. 4 are pending. Most are in the high courts.

Shimnit Kiwalite Industries was incorporated on 29 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.

Ravindrakumar Shrigopal Inani ceased to be Additional Director on 29 Sep 2024. Ravindrakumar Shrigopal Inani was appointed as Director on 16 Jan 2024. Rushang Nitin Shah ceased to be Director on 16 Jan 2024. Shimnit Kiwalite Industries has 9 board changes on record in total.

Yes, Shimnit Kiwalite Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0180579).

The registered office of Shimnit Kiwalite Industries is at 8th Floor Regent Chembers Nariman Point, Mumbai, Maharashtra, India – 400021.