About Shree Salespack Private Limited
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Shree Salespack Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bliss Gvs Pharma Limited. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 30 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28129MH1990PTC057949. Its GSTIN is 24AAACF0881B1Z8 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.3 Lakh. It was formerly known as Flutekraft Corrugation Private Limited. It is led by directors Mukund Ramnikbhai Parekh and Bina Mukund Parekh.
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 Row House No. 4/D Near Raj Rseidency Building No.2 Mahavir Nagar Kandivali West, Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2022, the company reported a revenue of ₹4 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹97.33 Lakh (net margin -24.3%) and EBITDA of ₹18.25 Lakh (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 24% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.22 Cr and satisfied charges of ₹18.22 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shreesalespack.com.
Company details
Contact details
Shree Salespack Private Limited's registered office is in Mumbai, Maharashtra. Its website is shreesalespack.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRow House No. 4/D Near Raj Rseidency Building No.2 Mahavir Nagar Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Shree Salespack Private Limited, buy the company report.
- 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
Business activity
The main business activity of Shree Salespack is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Shree Salespack Private Limited, buy the company report.
Financials of Shree Salespack Private Limited
FY 2022 filings availableShree Salespack Private Limited reported revenue of ₹4 Cr (down 65% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 65% fall in the latest year. EBITDA fell 86% 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 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹97.33 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | -24.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
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To see the full financial statements and ratios of Shree Salespack Private Limited, buy the company report.
Board of directors of Shree Salespack Private Limited
Shree Salespack has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Ramnikbhai Parekh | Director | 25 Feb 2013 | 13 Years 8 Months | Current |
| Bina Mukund Parekh | Director | 25 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Shree Salespack Private Limited is audited by RISHI SEKHRI for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI | FY 2022 | 126656 |
Shareholding
The shareholding of Shree Salespack 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 Shree Salespack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2018 | 100190256 | Others | ₹4 Cr | Satisfied | |
| 31 May 2018 | 100190250 | Others | ₹2.25 Cr | Satisfied | |
| 21 Mar 2018 | 100169539 | Others | ₹2.97 Cr | Satisfied | |
| 07 Dec 2015 | 10610665 | The Greater Bombay Co-Op Bank Ltd | ₹2 Cr | Satisfied | |
| 02 Jul 2013 | 10436338 | The Greater Bombay Co-Op Bank Ltd | ₹4 Cr | Satisfied |
To see the full charge records of Shree Salespack Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shree Salespack Private Limited has 6 court cases on record: 1 filed by Shree Salespack, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal miscellaneous application | Filed against the company by Piramal Capital and Housing Finance Limited Through Pramod Patil | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Piramal Capital and Housing Finance Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by HDB Financial Services Ltd. Th. Mangesh Shankar Khandait | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India and 3 Ors. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Disposed |
To see the full case history of Shree Salespack 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
Shree Salespack Private Limited has 4 MSME Form 1 returns on record between 2020 and 2021, listing 411 overdue payments to 47 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 47)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Toyo Ink India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shree Salespack Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shree Salespack Private Limited has a workforce of 23 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Shree Salespack has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF0881B1Z8 | Gujarat | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Shree Salespack Private Limited, buy the company report.
Recent activity
Shree Salespack Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Gopish Murlimanohar Goswami ceased to be Additional Director on 31 Dec 2020.
16 earlier events are in the company report.
Frequently asked questions
Shree Salespack is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 30 August 1990 (36+ years old) and is registered under CIN U28129MH1990PTC057949.
Shree Salespack has 2 current directors:
- Mukund Ramnikbhai Parekh - Director
- Bina Mukund Parekh - Director
The latest financial statements of Shree Salespack 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 Shree Salespack is 24AAACF0881B1Z8, registered in Gujarat. 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 Shree Salespack is U28129MH1990PTC057949. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shree Salespack has 6 court cases on record: 1 filed by the company and 5 filed against it. Most are in the district courts.
Shree Salespack was incorporated on 30 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Gopish Murlimanohar Goswami ceased to be Additional Director on 31 Dec 2020. Rajvi Hardik Shah ceased to be Additional Director on 13 Nov 2020. Gautam Rasiklal Ashra ceased to be Director on 07 Sep 2017. Shree Salespack has 10 board changes on record in total.
Shree Salespack has 4 MSME Form 1 returns on record between 2020 and 2021, listing 411 overdue payments to 47 micro and small suppliers. The latest return was filed on 30 Oct 2021.
Shree Salespack can be reached through the website shreesalespack.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Shree Salespack is at Row House No. 4D Near Raj Rseidency Building No.2 Mahavir Nagar Kandivali West, Mumbai, Maharashtra, India – 400067.