- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0071838

About Veenuflex Private Limited
Data last updated:
Veenuflex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 28 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209PN2009PTC134039. Its GSTIN is 27AACCI0853N1ZC (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Innoflex Laminators Private Limited. It is led by directors including Usha Vinod Kankaria and Karan Vinod Kankaria.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 3 And 4 S. No. 26/3A Kondhwa Budruk, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.02 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 5.6%) and EBITDA of ₹3.28 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹27.66 Cr and satisfied charges of ₹12.17 Cr on record. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.45 Cr; the latest was in December 2013. 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, 3 larger and 2 smaller; the largest is Shree Maa Roll Wrap Private Limited with revenue of ₹38.42 Cr.
Veenuflex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0071838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoflexlaminators.com.
Company details
Recognitions & Rankings of Veenuflex
Contact details
Veenuflex Private Limited's registered office is in Pune, Maharashtra. Its website is innoflexlaminators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 3 And 4 S. No. 26/3A Kondhwa Budruk, Pune, Maharashtra, India – 411048
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Veenuflex 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 Veenuflex 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 Veenuflex Private Limited, buy the company report.
Financials of Veenuflex Private Limited
FY 2025 filings availableVeenuflex Private Limited reported revenue of ₹37.02 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. 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 | ₹3.28 Cr | ||||
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| Net Profit (PAT) | ₹2.09 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Veenuflex Private Limited, buy the company report.
Board of directors of Veenuflex Private Limited
Veenuflex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Vinod Kankaria | Director | 28 May 2009 | 17 Years 5 Months | Current |
| Karan Vinod Kankaria | Director | 21 Jan 2022 | 4 Years 9 Months | Current |
| Vinod Babulal Kankaria | Director | 28 May 2009 | 17 Years 5 Months | Current |
Peer comparison
Veenuflex 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 |
|---|---|---|---|---|---|---|
| Shree Maa Roll Wrap Private Limited | ₹38.42 Cr (FY 2024) | 3.0% | Delhi, India | |||
| Paramount Universal Private Limited | ₹38.28 Cr (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Suresh Polymers Pvt Ltd | ₹37.92 Cr (FY 2025) | 37.0% | Nagpur, Maharashtra, India | |||
| Veenuflex Private Limitedthis company | ₹37.02 Cr (FY 2025) | ₹2.09 Cr | 5.6% | -1.0% | Pune, Maharashtra, India | |
| Vaccu Plast (India) Private Limited | ₹36.84 Cr (FY 2025) | 37.0% | Mathura, Uttar Pradesh, India | |||
| Kuber Polyfab Private Limited | ₹35.9 Cr (FY 2025) | 132.0% | Delhi, India |
To see the full peer comparison of Veenuflex Private Limited, buy the company report.
Auditor
Veenuflex Private Limited is audited by S P C M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P C M & ASSOCIATES | FY 2023 | 112165W |
Shareholding
The shareholding of Veenuflex 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 Veenuflex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2018 | 100212918 | Others | ₹27.66 Cr | Open | |
| 19 Mar 2010 | 10212138 | Bank of India Camp Branch | ₹7.97 Cr | Satisfied | |
| 19 Mar 2010 | 10212443 | Bank of India Pune Main Branch | ₹4.2 Cr | Satisfied |
To see the full charge records of Veenuflex Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Veenuflex Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.45 Cr; the latest was in December 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2011 | Funding round | ₹75 Lakh | Investors: 3 individuals |
| Dec 2009 | Funding round | ₹70 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Veenuflex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Veenuflex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Veenuflex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI0853N1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veenuflex Private Limited, buy the company report.
Recent activity
Veenuflex Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Karan Vinod Kankaria ceased to be Additional Director on 29 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Veenuflex is an active private limited company based in Pune, Maharashtra, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 28 May 2009 (17+ years old) and is registered under CIN U25209PN2009PTC134039.
Veenuflex has 3 current directors:
- Usha Vinod Kankaria - Director
- Karan Vinod Kankaria - Director
- Vinod Babulal Kankaria - Director
The latest financial statements of Veenuflex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Veenuflex is 27AACCI0853N1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Veenuflex is U25209PN2009PTC134039. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veenuflex was incorporated on 28 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Veenuflex has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.45 Cr; the latest was in December 2013.
The peers of Veenuflex by revenue are Shree Maa Roll Wrap Private Limited, Paramount Universal Private Limited, Suresh Polymers Pvt Ltd, Vaccu Plast (India) Private Limited, Kuber Polyfab Private Limited, 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).
Karan Vinod Kankaria ceased to be Additional Director on 29 Sep 2022. Karan Vinod Kankaria was appointed as Director on 21 Jan 2022. Usha Vinod Kankaria was appointed as Director on 28 May 2009. Veenuflex has 4 board changes on record in total.
Yes, Veenuflex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0071838).
Veenuflex can be reached through the website innoflexlaminators.com. Its registered office is in Pune, Maharashtra, India.

