Vaspal Packaging LLP

Vaspal Packaging LLP - packaging in Mysore, Karnataka, India. Directors, charges & compliance details.
LLPIN AAD-2126 Incorporated 16 January 2015 ROC Bangalore HQ Mysore, Karnataka, India
Active Limited Liability Partnership packaging
Data last updated
Revenue · FY 2023
₹46.59 Cr
▲ 23% YoY
EBITDA · FY 2023
₹38.26 Lakh
EBITDA margin 0.8%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹19.9 Cr
Satisfied ₹34.16 Cr
LLP age
11 yrs
Est. 2015
Employees · EPFO
28
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered

About Vaspal Packaging LLP

Data last updated:

Vaspal Packaging LLP is a limited liability partnership (LLP) based in Mysore, Karnataka, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 16 January 2015 and has been in existence for over 11 years.

The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAD-2126. Its GSTIN is 29AAMFV2939D1ZT (Karnataka).

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rathisri Raghavan and Badrinath Indavar Sridhar.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Mysore, Karnataka.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹46.59 Cr, a growth of 23% compared to the previous year. For the same year it recorded EBITDA of ₹38.26 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 37% over five years.

The LLP has about 28 employees on its provident fund (EPFO) records.

The LLP is associated with 1 brand: Vaspal Packaging. As per MCA filings, the LLP has open charges of ₹19.9 Cr and satisfied charges of ₹34.16 Cr on record. Court records list 2 cases involving the LLP, including 2 filed against it.

For more details, the LLP can be reached via its website vaspalpackaging.com.

Company Details of Vaspal Packaging LLP
LLPIN AAD-2126
Incorporation Date 16 January 2015
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
Key People
Rathisri Raghavan Designated Partner Badrinath Indavar Sridhar Designated Partner
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Flat No.204 Brigade Elegance No.33 1st Cross 4th Block Jayalakshmip, Uram, Mysore, Karnataka, India – 570012
  • Industry
    Packaging, Bottle & Cap Manufacturing
Comprehensive company report
Vaspal Packaging LLP - 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
  • One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Unlock the full Vaspal Packaging LLP report

Financials, compliance, directors, charges, ownership and filings for Vaspal Packaging LLP in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Vaspal Packaging LLP FY 2025 filings available

Vaspal Packaging LLP reported revenue of ₹46.59 Cr (up 23% YoY) for FY 2023.

Revenue · FY 2023
₹46.59 Cr ▲ 23%
EBITDA · FY 2023
₹38.26 Lakh margin 0.8%

Compounded Annual Growth Rate (CAGR) of Vaspal Packaging LLP

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 46%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 795%

Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 23% growth in the latest year. EBITDA rose 94% 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 of Vaspal Packaging LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover••••••••••••••••••••
Other Income••••••••••••••••••••
Total Income••••••••••••••••••••
Purchases and Direct Costs••••••••••••••••••••
Personnel Expenses••••••••••••••••••••
Administrative Expenses••••••••••••••••••••
Interest••••••••••••••••••••
Depreciation••••••••••••••••••••
Total Expenses••••••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax••••••••••••••••••••
Profit After Tax••••••••••••••••••••
Profit Transferred to Partners••••••••••••••••••••
Assets and Liabilities
Partners' Contribution••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Secured Loans••••••••••••••••••••
Unsecured Loans••••••••••••••••••••
Trade Payables••••••••••••••••••••
Other Liabilities and Provisions••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Loans and Advances••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Vaspal Packaging LLP

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin••••••••••••••••••••
Return on Partners' Funds••••••••••••••••••••
Return on Assets••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Debt to Partners' Funds••••••••••••••••••••
Interest Coverage••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Turnover Growth••••••••••••••••••••
Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Vaspal Packaging are in the company report.

Premium access

Financial statements from 2015

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
  • Cash-flow statements
  • Ratios and benchmarks

Verified entity values are shown only after access is granted.

Peer Comparison of Vaspal Packaging LLP

Vaspal Packaging LLP is compared with the companies closest to it by revenue in the Packaging industry (Bottles and Caps). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Alpet Containers Private Limited••••••••••••••••36Mumbai, Maharashtra, India
Nilraj Engineering Works Private Limited••••••••••••••••79W.E.F. 1./11.2003, Maharashtra, India
Alchaw Metprint India Limited••••••••••••••••53Sangamner, Maharashtra, India
Alpha Technoplast Private Limited••••••••••••••••53Mumbai, Maharashtra, India
Krypton Stainless Private Limited••••••••••••••••-Jaipur, Rajasthan, India
Vaspal Packaging LLP this company••••••••••••••••-Mysore, Karnataka, India
Versatile Polytech Private Limited••••••••••••••••-New Delhi, Delhi, India
Nawkiran Polyplast Private Limited••••••••••••••••42Kolkata, West Bengal, India
Praveen Polymers Private Limited••••••••••••••••-Chennai, Tamil Nadu, India
Almehtab Industries Private Limited••••••••••••••••40New Delhi, Delhi, India
Gaurav Containers Limited••••••••••••••••72Mumba, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Vaspal Packaging by revenue in the Packaging industry (Bottles and Caps), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Designated Partners of Vaspal Packaging LLP

Vaspal Packaging has 2 designated partners on record. No former designated partners are listed.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Rathisri RaghavanDesignated Partner16 Jan 201511 Years 8 MonthsCurrent
Badrinath Indavar SridharDesignated Partner16 Jan 201511 Years 8 MonthsCurrent
View all designated partners

Charges & Borrowings of Vaspal Packaging LLP

Open charges
₹19.9 Cr
Satisfied charges
₹34.16 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹19.90 Cr
Latest charge details
DateLenderAmountStatus
07 Jan 2025The Hongkong and Shanghai Banking Corporation Limited₹19.9 CrOpen
31 Mar 2023Bank of Baroda₹16.15 CrSatisfied
25 Oct 2021Tata Capital Financial Services Limited₹2.1 CrSatisfied
26 Feb 2021Icici Bank Limited₹9.64 CrSatisfied
03 Nov 2020Hdfc Bank Limited₹58.24 LakhSatisfied

Total charge records: 12 View all charges

Associated Brands with Vaspal Packaging LLP

Vaspal Packaging operates one associated brand: Vaspal Packaging. Each brand links to its own profile.

BrandDescriptionWebsite
Vaspal Packaging
Metal packaging solutions for food, industrial, and aerosol applications in India.vaspalpackaging.com

Employees and EPFO Compliance at Vaspal Packaging LLP

Employment history and EPFO contributions of people linked to Vaspal Packaging.

Premium access

Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

Recent Activity on Vaspal Packaging LLP

Vaspal Packaging LLP has 2 designated partner changes on record since 2015: 2 appointments. The latest: Badrinath Indavar Sridhar was appointed as Designated Partner on 16 Jan 2015.

Charges
A charge registered on 31 Mar 2023 via Charge ID 100727406 with Bank Of Baroda was fully satisfied on 15 Sep 2025.
AGM
Vaspal Packaging Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Vaspal Packaging Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1,990.00 Lakh with Charge ID 101033032 was registered on 07 Jan 2025.
Charges
A charge registered on 25 Oct 2021 via Charge ID 100495611 with Tata Capital Financial Services Limited was fully satisfied on 17 Jan 2024.
Charges
A charge with Bank Of Baroda of Rs. 1,615.00 Lakh registered on 31 Mar 2023 with Charge ID 100727406 was modified on 07 Dec 2023.
Charges
A charge registered on 03 Nov 2020 via Charge ID 100438478 with Hdfc Bank Limited was fully satisfied on 16 Nov 2023.
Charges
A charge registered on 26 Feb 2021 via Charge ID 100425902 with Icici Bank Limited was fully satisfied on 29 Apr 2023.
Charges
A charge with Bank Of Baroda amounted to Rs. 1,615.00 Lakh with Charge ID 100727406 was registered on 31 Mar 2023.
Charges
A charge with Tata Capital Financial Services Limited of Rs. 210.00 Lakh registered on 25 Oct 2021 with Charge ID 100495611 was modified on 30 Dec 2021.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 210.00 Lakh with Charge ID 100495611 was registered on 25 Oct 2021.
Charges
A charge registered on 18 Jun 2020 via Charge ID 100352572 with The Karnataka Bank Limited was fully satisfied on 20 Mar 2021.

20 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Vaspal Packaging LLP

Premium access

Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

Verified entity values are shown only after access is granted.

MSME Payment Delays by Vaspal Packaging LLP

Premium access

MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

  • Outstanding amounts
  • Delay periods and reasons
  • MSME-1 filing history
  • Vendor payment signals

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Vaspal Packaging LLP

Premium access

Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

GST Compliance of Vaspal Packaging LLP

Vaspal Packaging has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAMFV2939D1ZTKarnatakaActive01 Jul 2017
Premium access

GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Vaspal Packaging LLP

Premium access

MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Vaspal Packaging LLP

Vaspal Packaging is an active limited liability partnership based in Mysore, Karnataka, India. The LLP works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 16 January 2015 (11+ years old) and is registered under LLPIN AAD-2126.

Vaspal Packaging reported revenue of ₹46.59 Cr for FY 2023 (up 23% YoY).

Vaspal Packaging has 2 current designated partners:

Vaspal Packaging reported EBITDA of ₹38.26 Lakh (EBITDA margin 0.8%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Vaspal Packaging is 46% over three years and 37% over five years. In the latest year (FY 2023) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Vaspal Packaging is 29AAMFV2939D1ZT, registered in Karnataka.

The LLPIN (Limited Liability Partnership Identification Number) of Vaspal Packaging is AAD-2126. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Vaspal Packaging has 2 court cases on record: 2 filed against it.

Vaspal Packaging was incorporated on 16 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Vaspal Packaging by revenue are Alpet Containers Private Limited, Nilraj Engineering Works Private Limited, Alchaw Metprint India Limited, Alpha Technoplast Private Limited, Krypton Stainless Private Limited and 5 more, all in the Packaging industry (Bottles and Caps).

Badrinath Indavar Sridhar was appointed as Designated Partner on 16 Jan 2015. Rathisri Raghavan was appointed as Designated Partner on 16 Jan 2015.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available