About Synthetic Packers Limited
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Synthetic Packers Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 12 October 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51495KA1979PLC003633. Its GSTIN is 29AABCS7571C1Z9 (Karnataka).
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹12.33 Cr. It is led by directors including Anil Kabra (Managing Director) and Champa Anil Kabra (Whole-Time Director).
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 is at 262/263 4th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹334.67 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.72 Cr (net margin 0.8%) and EBITDA of ₹18.51 Cr (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 540 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Synpack. As per MCA filings, the company has open charges of ₹76.98 Cr and satisfied charges of ₹3.5 Cr on record. Court records list 22 cases involving the company, including 15 filed by the company and 7 filed against it; 3 cases are pending. The company has 9 deals on record (4 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹1.76 Cr; the latest was in September 2019. Its 6 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, 3 larger and 3 smaller; the largest is Aegios Polyfilms Private Limited with revenue of ₹356.14 Cr. The company has 7 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 21 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synpack.com.
Company details
CIN history
Synthetic Packers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51495KA1979PLC003633, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51495KA1979PLC003633 | Current |
| U51495KA1979PTC003633 | Previous |
| U85110KA1979PTC003633 | Previous |
Contact details
Synthetic Packers Limited's registered office is in Bangalore, Karnataka.
- Registered Address262/263 4th Phase Peenya Industrial Area Bangalore, Karnataka, India – 560058
- IndustryPackaging, Packaging Films & Foils
- 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
Brands
Synthetic Packers operates one associated brand: Synpack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of specialized PE films and packaging solutions in India. | synpack.in |
Business activity
The main business activity of Synthetic Packers 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 Synthetic Packers Limited, buy the company report.
Financials of Synthetic Packers Limited
FY 2024 filings availableSynthetic Packers Limited reported revenue of ₹334.67 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA fell 9% 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 | ₹18.51 Cr | ||||
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| Net Profit (PAT) | ₹2.72 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 | 5.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Synthetic Packers Limited, buy the company report.
Board of directors and KMP of Synthetic Packers Limited
Synthetic Packers Limited currently reports 6 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Kumar Pavithra | Additional Director | 08 Feb 2025 | 1 Years 8 Months | Current |
| Naushik Kabra Also directs: H & N Infracon LLP, Synpack Slide N Zip Private Limited, Synpack Flexibles Private Limited and 2 more | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Anil Kabra Also directs: Synpack Zipper Bags Private Limited | Managing Director | 16 Aug 1980 | 46 Years 2 Months | Current |
| Natasha Kabra | Cfo | 18 Jun 2019 | 7 Years 4 Months | Current |
| Champa Anil Kabra | Whole-Time Director | 18 Jun 1987 | 39 Years 4 Months | Current |
| Vivek Mishra | Additional Director | 08 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Synthetic Packers Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Aegios Polyfilms Private Limited | ₹356.14 Cr (FY 2025) | 8784.0% | Ahmedabad, Gujarat, India | |||
| Ester Filmtech Limited | ₹352.2 Cr (FY 2025) | 25.0% | Gurgaon, Haryana, India | |||
| Vaibhav Plasto Printing & Packaging Private Limited | ₹343.86 Cr (FY 2025) | 31.0% | Nagpur, Maharashtra, India | |||
| Synthetic Packers Limitedthis company | ₹334.67 Cr (FY 2025) | ₹2.72 Cr | 0.8% | -9.0% | Bangalore, Karnataka, India | |
| Arihant Techno Pack Private Limited | ₹333.61 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Premier Polyfilm Limited | ₹304.64 Cr (FY 2025) | 2.0% | Zamroodpur New, Delhi, India | |||
| Pack Print Industries (India) Private Limited | ₹300.98 Cr (FY 2025) | 67.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Synthetic Packers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 1995 | 90193924 | State Bank of India | ₹76.98 Cr | Open | |
| 13 Jun 2020 | 100344059 | State Bank of India | ₹1.35 Cr | Satisfied | |
| 09 Aug 1998 | 90194178 | State Bank of India | ₹75 Lakh | Satisfied | |
| 27 Mar 1998 | 90191931 | State Bank of India | ₹32 Lakh | Satisfied | |
| 08 Nov 1996 | 90194052 | State Bank of India | ₹19.5 Lakh | Satisfied |
To see the full charge records of Synthetic Packers Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Synthetic Packers Limited has 9 deals on record (4 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹1.76 Cr; the latest was in September 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2017 | Rights issue | ₹75 Lakh | Investors: 2 individuals |
| Mar 2015 | Rights issue | ₹1 Cr | Investors: 2 individuals |
| Mar 2014 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2012 | Funding round | ₹12.5 Lakh | Investors: an individual |
To see the full deal history of Synthetic Packers 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
Synthetic Packers Limited has 22 court cases on record: 15 filed by Synthetic Packers, 7 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 7 | 3 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Motor accident claim | Filed against the company | Pending |
| District court, TUMAKURU, Karnataka | Motor accident claim | Filed against the company | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Bostik India Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Unopack Industries and Another | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Unopack Industries and Another | Disposed |
To see the full case history of Synthetic Packers 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
Synthetic Packers Limited was last rated by Icra on 30 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2021 |
To see the full credit ratings and regulatory alerts of Synthetic Packers Limited, buy the company report.
MSME payment delays
Synthetic Packers Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indian Steel Traders | |||
| Raj Filters and Wire Mesh Private Limited | |||
| an individual supplier | |||
| Synpack Flexibles Private Limited | |||
| LPB Plastic Private Limited |
To see the full MSME payment records of Synthetic Packers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Synthetic Packers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS7571C1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Synthetic Packers Limited, buy the company report.
Recent activity
Synthetic Packers Limited has 10 board changes on record since 1980: 7 appointments and 3 cessations. The latest: Devaiah Bottolanda Aiyanna was appointed as Additional Director on 08 Feb 2025.
25 earlier events are in the company report.
Frequently asked questions
Synthetic Packers is an active public limited company based in Bangalore, Karnataka, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 12 October 1979 (47+ years old) and is registered under CIN U51495KA1979PLC003633.
Synthetic Packers has 7 current directors and KMP:
- Anil Kabra - Managing Director
- Champa Anil Kabra - Whole-Time Director
- Prasanna Kumar Pavithra - Additional Director
- Naushik Kabra - Director
- Vivek Mishra - Additional Director
- Devaiah Bottolanda Aiyanna - Additional Director
- Natasha Kabra - Cfo
The latest financial statements of Synthetic 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 Synthetic Packers is 29AABCS7571C1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Synthetic Packers is U51495KA1979PLC003633. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Synthetic Packers has 22 court cases on record: 15 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Synthetic Packers was incorporated on 12 October 1979, making it 47+ years old. It is registered with the Registrar of Companies, Bangalore.
Synthetic Packers has 9 deals on record (4 funding rounds, 3 secondary share transfers, 2 rights issues), with disclosed funding of ₹1.76 Cr; the latest was in September 2019.
The peers of Synthetic Packers by revenue are Aegios Polyfilms Private Limited, Ester Filmtech Limited, Vaibhav Plasto Printing & Packaging Private Limited, Arihant Techno Pack Private Limited, Premier Polyfilm Limited and 1 more, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Devaiah Bottolanda Aiyanna was appointed as Additional Director on 08 Feb 2025. Prasanna Kumar Pavithra was appointed as Additional Director on 08 Feb 2025. Vivek Mishra was appointed as Additional Director on 08 Feb 2025. Synthetic Packers has 10 board changes on record in total.
Synthetic Packers has 7 MSME Form 1 returns on record between 2020 and 2023, listing 80 overdue payments to 21 micro and small suppliers. The latest return was filed on 03 Jan 2024.
Synthetic Packers can be reached through the website synpack.com. Its registered office is in Bangalore, Karnataka, India.