About Sunpack Barrier Films Private Limited
Data last updated:
Sunpack Barrier Films Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the packaging films and foils segment of the packaging sector. It was incorporated on 13 December 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2004PTC045123. Its GSTIN is 24AAICS7070D1ZG (Gujarat).
The company had an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.26 Cr. It was led by directors including Pradipkumar Khodabhai Patel (Managing Director) and Pankil Bhailalbhai Patel.
Its last annual general meeting (AGM) was held on 26 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at First Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2023, the company reported a revenue of ₹61.35 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹5.18 Cr (net margin 8.4%) and EBITDA of ₹7.4 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company had about 28 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹41.2 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.25 Cr; the latest was in April 2018. Its 5 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Enviro Vimalachal Packaging Films Private Limited with revenue of ₹63.37 Cr.
The last known website on record is sunpackfilms.com.
Company details
Contact details
Sunpack Barrier Films Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sunpackfilms.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFirst Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Sunpack Barrier Films 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 Sunpack Barrier Films 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 Sunpack Barrier Films Private Limited, buy the company report.
Financials of Sunpack Barrier Films Private Limited
FY 2023 filings availableSunpack Barrier Films Private Limited reported revenue of ₹61.35 Cr (up 13% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 13% growth in the latest year. EBITDA fell 5% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹61.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.18 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | ||||
| Net Profit Margin | 8.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Sunpack Barrier Films Private Limited, buy the company report.
Board of directors of Sunpack Barrier Films Private Limited
Sunpack Barrier Films has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankil Bhailalbhai Patel Also directs: Colourflex Laminators Limited | Director | 01 Apr 2023 | 3 Years 6 Months | As last reported |
| Pradipkumar Khodabhai Patel Also directs: Colourflex Laminators Limited | Managing Director | 13 Dec 2004 | 21 Years 10 Months | As last reported |
| Manojkumar Rajendrkumar Patel Also directs: Colourflex Laminators Limited | Director | 06 Sep 2006 | 20 Years 1 Months | As last reported |
| Jagdishkumar Chimanlal Patel Also directs: Colourflex Laminators Limited | Director | 25 Aug 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Sunpack Barrier Films Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Films and Foils), 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 |
|---|---|---|---|---|---|---|
| Enviro Vimalachal Packaging Films Private Limited | ₹63.37 Cr (FY 2024) | 322720.0% | Sanand, Gujarat, India | |||
| Sumati Plastic Private Limited | ₹62.96 Cr (FY 2024) | -13.0% | Gurgaon, Haryana, India | |||
| Sunpack Barrier Films Private Limitedthis company | ₹61.35 Cr (FY 2023) | ₹5.18 Cr | 8.4% | 13.0% | 28 | Ahmedabad, Gujarat, India |
| Vortex Flex Private Limited | ₹60.98 Cr (FY 2025) | -8.0% | Alipore, Gujarat, India | |||
| Fitesa Pune Private Limited | ₹60.84 Cr (FY 2024) | 157.0% | Pune, Maharashtra, India | |||
| Manjushree Strech-Film Private Limited | ₹60.41 Cr (FY 2024) | -5.0% | Telangana, India |
To see the full peer comparison of Sunpack Barrier Films Private Limited, buy the company report.
Auditor
Sunpack Barrier Films Private Limited is audited by SHAH RAJESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH RAJESH & ASSOCIATES | FY 2023 | 109767W |
Shareholding
The shareholding of Sunpack Barrier Films 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sunpack Barrier Films Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2017 | 100077893 | Axis Bank Limited | ₹15.71 Cr | Satisfied | |
| 30 Jun 2011 | 10297987 | Bank of Baroda | ₹50 Lakh | Satisfied | |
| 22 Feb 2006 | 80040724 | Bank of Baroda | ₹12.51 Cr | Satisfied | |
| 22 Feb 2006 | 80040725 | Bank of Baroda | ₹12.48 Cr | Satisfied |
To see the full charge records of Sunpack Barrier Films Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Sunpack Barrier Films Private Limited has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.25 Cr; the latest was in April 2018.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Vibrations Infotals Private Limited , Natraj Finsec (India) Private Limited , Data Innovation (India) Private Limited |
| Dec 2009 | Secondary share transfer | Undisclosed | Buyer: Mamata Management Services Private Limited Seller: an individual |
| Mar 2009 | Funding round | ₹26 Lakh | Investors: Data Innovation (India) Private Limited , an individual |
| Feb 2008 | Funding round | ₹1.7 Cr | Investors: Data Innovation (India) Private Limited , 3 individuals |
| Mar 2007 | Funding round | ₹3.29 Cr | Investors: Natraj Finsec (India) Private Limited , Vibrations Infotals Private Limited , 2 individuals |
To see the full deal history of Sunpack Barrier Films Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sunpack Barrier Films Private Limited has 3 court cases on record: 3 filed by Sunpack Barrier Films. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Ahmedabad | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Barflex Polyfilms Pvt. Ltd and 1 other | Disposed |
To see the full case history of Sunpack Barrier Films 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
Sunpack Barrier Films Private Limited was last rated by Icra on 18 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Mar 2022 |
To see the full credit ratings and regulatory alerts of Sunpack Barrier Films Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sunpack Barrier Films Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunpack Barrier Films Private Limited has a workforce of 28 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Sunpack Barrier Films has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS7070D1ZG | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sunpack Barrier Films Private Limited, buy the company report.
Recent activity
Sunpack Barrier Films Private Limited has 10 board changes on record since 2004: 4 appointments and 6 cessations. The latest: Pankil Bhailalbhai Patel ceased to be Additional Director on 25 Sep 2023.
12 earlier events are in the company report.
Frequently asked questions
Sunpack Barrier Films has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sunpack Barrier Films was a private limited company based in Ahmedabad, Gujarat, India. The company worked in packaging films and foils, within the packaging industry. It was incorporated on 13 December 2004 and is registered under CIN U25202GJ2004PTC045123. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sunpack Barrier Films was incorporated on 13 December 2004. It is registered with the Registrar of Companies, Ahmedabad.
Sunpack Barrier Films had 4 directors:
- Pradipkumar Khodabhai Patel - Managing Director
- Pankil Bhailalbhai Patel - Director
- Manojkumar Rajendrkumar Patel - Director
- Jagdishkumar Chimanlal Patel - Director
The CIN (Corporate Identification Number) of Sunpack Barrier Films is U25202GJ2004PTC045123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sunpack Barrier Films is at First Floor 130 Shukan Mall Nr.Panchamrut Bunglows – 1 Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
Sunpack Barrier Films can be reached through the website sunpackfilms.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Sunpack Barrier Films on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 26 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Sunpack Barrier Films is 24AAICS7070D1ZG, registered in Gujarat.
Sunpack Barrier Films operated in the packaging industry, in the packaging films and foils segment.
Sunpack Barrier Films has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.25 Cr; the latest was in April 2018.