About Suraksha Packers Private Limited
Data last updated:
Suraksha Packers Private Limited was a private limited company based in Salcete, Goa, India, operated as a subsidiary of Borkar Suraksha Packaging Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paper segment of the packaging sector. It was incorporated on 17 March 1994.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U05190GA1994PTC016300. Its GSTIN is 30AADCS5285P1ZY (Goa). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.93 Cr. It was led by directors including Nikhil Anil Borkar and Amol Anil Borker.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Salcete, Goa.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.74 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 4%) and EBITDA of ₹8.87 Cr (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company had about 35 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹67.89 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.34 Cr; the latest was in August 2020. Its 7 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, 2 larger and 5 smaller; the largest is Greenpack India Private Limited with revenue of ₹52.34 Cr.
The last known website on record is surakshapackers.in.
Company details
CIN history
Suraksha Packers has one previous CIN (Corporate Identification Number): U05190KA1994PTC015369. The current CIN is U05190GA1994PTC016300, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U05190GA1994PTC016300 | Current |
| U05190KA1994PTC015369 | Previous |
Contact details
Suraksha Packers Private Limited's registered office is in Salcete, Goa. Its website is surakshapackers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 Fourth Floor Lake Plaza, Opposite Nehru Stadium Fatorda Margao, Salcete, Goa, India – 403602
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Suraksha Packers 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 Suraksha Packers 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 Suraksha Packers Private Limited, buy the company report.
Financials of Suraksha Packers Private Limited
FY 2024 filings availableSuraksha Packers Private Limited reported revenue of ₹51.74 Cr (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 24% fall in the latest year. EBITDA fell 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.08 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Suraksha Packers Private Limited, buy the company report.
Board of directors of Suraksha Packers Private Limited
Suraksha Packers has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Anil Borkar | Director | 08 Jun 2020 | 6 Years 4 Months | As last reported |
| Amol Anil Borker | Director | 08 Jun 2020 | 6 Years 4 Months | As last reported |
| Rohit Prakash Borkar Also directs: Borkar Suraksha Packaging Private Limited, Neografiks (India) Private Limited, Borkar Trading Company Private Limited and 2 more | Director | 10 Jan 2016 | 10 Years 9 Months | As last reported |
Peer comparison
Suraksha Packers Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Greenpack India Private Limited | ₹52.34 Cr (FY 2024) | -12.0% | Varanasi, Uttar Pradesh, India | |||
| Navdurga Pulp and Paper Mills India Private Limited | ₹52.2 Cr (FY 2025) | 45.0% | Raipur, Chhattisgarh, India | |||
| Suraksha Packers Private Limitedthis company | ₹51.74 Cr (FY 2024) | ₹2.08 Cr | 4% | -24.0% | 35 | Salcete, Goa, India |
| Orchid Packaging Private Limited | ₹51.21 Cr (FY 2025) | 20.0% | Coimbatore, Tamil Nadu, India | |||
| Pratibha Packwell Private Limited | ₹51.16 Cr (FY 2024) | 19.0% | Indore, Madhya Pradesh, India | |||
| Aum Paper Products Private Limited | ₹50.72 Cr (FY 2025) | 22.0% | Bangalore, Karnataka, India | |||
| Accupak Private Limited | ₹50.67 Cr (FY 2025) | 41.0% | Bangalore, Karnataka, India | |||
| Adarsha Packaging Private Limited | ₹50.56 Cr (FY 2025) | 12.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Suraksha Packers Private Limited, buy the company report.
Auditor
Suraksha Packers Private Limited is audited by R.K. PIKALE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. PIKALE & ASSOCIATES | FY 2023 | 127641W |
Shareholding
The shareholding of Suraksha Packers 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 Suraksha Packers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2022 | 100606430 | Others | ₹4.66 Cr | Satisfied | |
| 18 May 2020 | 100339853 | Others | ₹1.3 Cr | Satisfied | |
| 23 Jul 2019 | 100279617 | Others | ₹3 Lakh | Satisfied | |
| 19 Sep 2017 | 100131769 | Others | ₹15 Cr | Satisfied | |
| 06 Mar 2017 | 100090003 | Others | ₹36 Lakh | Satisfied |
To see the full charge records of Suraksha Packers Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Suraksha Packers Private Limited has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.34 Cr; the latest was in August 2020.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Borkar Suraksha Packaging Private Limited Seller: an individual |
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Borkar Suraksha Packaging Private Limited Seller: an individual |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Borkar Suraksha Packaging Private Limited Seller: an individual |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: Borkar Suraksha Packaging Private Limited Seller: 4 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Borkar Suraksha Packaging Private Limited Seller: 4 individuals |
To see the full deal history of Suraksha Packers 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
Suraksha Packers Private Limited has 3 court cases on record: 3 filed by Suraksha Packers. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, South Goa, Goa | Court case (SS) | Filed by the company against Riteway Packaging Industries Goa and 1 other | Disposed |
| District court, North Goa, Goa | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Suraksha Packers 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 Suraksha Packers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suraksha Packers Private Limited has a workforce of 35 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
GST
Suraksha Packers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AADCS5285P1ZY | Goa | Active | 01 Jul 2017 |
| 34AADCS5285P1ZQ | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suraksha Packers Private Limited, buy the company report.
Recent activity
Suraksha Packers Private Limited has 14 board changes on record since 2010: 3 appointments and 11 cessations. The latest: Amol Anil Borker ceased to be Additional Director on 30 Dec 2020.
25 earlier events are in the company report.
Frequently asked questions
Suraksha Packers 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.
Suraksha Packers was a private limited company based in Salcete, Goa, India. The company worked in paper, within the packaging industry. It was incorporated on 17 March 1994 and is registered under CIN U05190GA1994PTC016300. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Suraksha Packers was incorporated on 17 March 1994. It is registered with the Registrar of Companies, Goa.
Suraksha Packers had 3 directors:
- Nikhil Anil Borkar - Director
- Amol Anil Borker - Director
- Rohit Prakash Borkar - Director
The CIN (Corporate Identification Number) of Suraksha Packers is U05190GA1994PTC016300. 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 Suraksha Packers is at 402 Fourth Floor Lake Plaza, Opposite Nehru Stadium Fatorda Margao, Salcete, Goa, India – 403602.
Suraksha Packers can be reached through the website surakshapackers.in. Its registered office is in Salcete, Goa, India.
The latest financial statements of Suraksha Packers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Suraksha Packers is 30AADCS5285P1ZY, registered in Goa. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 34AADCS5285P1ZQ (Puducherry).
Suraksha Packers operated in the packaging industry, in the paper segment.
Suraksha Packers has 15 deals on record (12 secondary share transfers, 3 funding rounds), with disclosed funding of ₹4.34 Cr; the latest was in August 2020.