MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0028993
Veeshna Polypack Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹91.03 Cr
▼ 9% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 1.2%
EBITDA · FY 2025
₹4.93 Cr
EBITDA margin 5.4%
Authorised capital
₹75.5 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹27.95 Cr
Satisfied ₹18.28 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
17
Provident fund records
About Veeshna Polypack Private Limited
Data last updated:
Veeshna Polypack Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 18 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ1999PTC036738. Its GSTIN is 24AAACV9597L1ZK (Gujarat).
The company has an authorised share capital of ₹75.5 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Keval Mineshbhai Shah and Minesh Arvindbhai Shah.
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 B 708 Primium Houseellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.03 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 1.2%) and EBITDA of ₹4.93 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 11% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Veeshna Poly. As per MCA filings, the company has open charges of ₹27.95 Cr and satisfied charges of ₹18.28 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 1 case is pending.
Veeshna Polypack Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0028993). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website veeshnapoly.com.
Company details
CIN U25200GJ1999PTC036738
Registration Number 036738
Incorporation Date 18 October 1999
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0028993
Recognitions & Rankings of Veeshna Polypack
Contact details
Veeshna Polypack Private Limited's registered office is in Ahmedabad, Gujarat. Its website is veeshnapoly.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB 708 Primium Houseellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryManufacturing, Plastic-Based Products, Rubber-Based Products
To see the full contact details of Veeshna Polypack Private Limited, buy the company report.
Comprehensive company report
Veeshna Polypack Private Limited - 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
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Brands
Veeshna Polypack operates one associated brand: Veeshna Poly. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of plastic packaging products, including bags and films, in India. | veeshnapoly.com |
Business activity
The main business activity of Veeshna Polypack 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 Veeshna Polypack Private Limited, buy the company report.
Financials of Veeshna Polypack Private Limited
FY 2025 filings availableVeeshna Polypack Private Limited reported revenue of ₹91.03 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹91.03 Cr ▼ 9%
Net profit · FY 2025
₹1.09 Cr margin 1.2%
EBITDA · FY 2025
₹4.93 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 6%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 10%
5 years · compounded
▲ 27%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 4% 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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| Total Expenses | |||||
| EBITDA | ₹4.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.09 Cr | ||||
| Balance Sheet | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Veeshna Polypack Private Limited, buy the company report.
Board of directors of Veeshna Polypack Private Limited
Veeshna Polypack has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keval Mineshbhai Shah Also directs: Arnath Enterprise Private Limited | Director | 13 Dec 2017 | 8 Years 10 Months | Current |
| Minesh Arvindbhai Shah Also directs: Arnath Enterprise Private Limited | Director | 18 Oct 2006 | 20 Years 0 Months | Current |
Peer comparison
Veeshna Polypack Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber Based Products), 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 |
|---|---|---|---|---|---|---|
| Soni Rubber Products Ltd | ₹92.06 Cr (FY 2025) | 33.0% | Kolkata, West Bengal, India | |||
| Zenith Rubber Private Limited | ₹91.98 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| N B Commercial Enterprises Limited | ₹91.47 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India | |||
| Universal Medicap Limited | ₹91.31 Cr (FY 2025) | 18.0% | Vadodara, Gujarat, India | |||
| Veeshna Polypack Private Limitedthis company | ₹91.03 Cr (FY 2025) | ₹1.09 Cr | 1.2% | -9.0% | 17 | Ahmedabad, Gujarat, India |
| Aaram Plastics Private Limited | ₹90.78 Cr (FY 2025) | -52.0% | Jaipur, Rajasthan, India | |||
| Ping Engineers India Private Limited | ₹90.54 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Renuka Precision Plastics Private Limited | ₹90.21 Cr (FY 2024) | 10.0% | Telangana, India |
To see the full peer comparison of Veeshna Polypack Private Limited, buy the company report.
Auditor
Veeshna Polypack Private Limited is audited by M.H. TRIVEDI & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.H. TRIVEDI & ASSOCIATES | FY 2024 | 159121W |
Shareholding
The shareholding of Veeshna Polypack Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Veeshna Polypack Private Limited, buy the company report.
Charges & borrowings
Open charges
₹27.95 Cr
Satisfied charges
₹18.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101168530 | Others | ₹8.1 Lakh | Open | |
| 07 Feb 2022 | 100562085 | Hdfc Bank Limited | ₹1.23 Cr | Open | |
| 26 Nov 2019 | 100304703 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 30 Sep 2019 | 100295583 | Hdfc Bank Limited | ₹26.14 Cr | Open | |
| 14 Sep 2000 | 80046971 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Veeshna Polypack Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Veeshna Polypack Private Limited has 13 court cases on record: 8 filed by Veeshna Polypack, 5 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
8
Filed against the company
5
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Iscon Packaging Industries A Partnership Firm | Pending |
| District court, Ahmedabad, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Veeshna Polypack 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 Veeshna Polypack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Veeshna Polypack Private Limited has a workforce of 17 employees on its EPFO records as of Jan 08, 2025, across 1 active EPFO establishment.
Employee count
17
Active EPFO establishments
1
Employee growth
-26.09%
GST
Veeshna Polypack has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACV9597L1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Veeshna Polypack Private Limited, buy the company report.
Recent activity
Veeshna Polypack Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Vipul Arvindbhai Shah ceased to be Director on 26 Sep 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 2,613.89 Lakh registered on 30 Sep 2019 with Charge ID 100295583 was modified on 08 Dec 2025.
AGM
Veeshna Polypack Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 8.10 Lakh with Charge ID 101168530 was registered on 25 Jul 2025.
Filing
Veeshna Polypack Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited of Rs. 123.00 Lakh registered on 07 Feb 2022 with Charge ID 100562085 was modified on 22 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 123.00 Lakh with Charge ID 100562085 was registered on 07 Feb 2022.
Ceased
Vipul Arvindbhai Shah ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100304703 was registered on 26 Nov 2019.
Charges
A charge registered on 14 Sep 2000 via Charge ID 80046972 with Bank Of Baroda was fully satisfied on 21 Oct 2019.
Charges
A charge registered on 14 Sep 2000 via Charge ID 80046971 with Others was fully satisfied on 21 Oct 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,613.89 Lakh with Charge ID 100295583 was registered on 30 Sep 2019.
Ceased
Naman Vipulbhai Shah ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Veeshna Polypack is an active private limited company based in Ahmedabad, Gujarat, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 18 October 1999 (27+ years old) and is registered under CIN U25200GJ1999PTC036738.
Veeshna Polypack has 2 current directors:
- Keval Mineshbhai Shah - Director
- Minesh Arvindbhai Shah - Director
The latest financial statements of Veeshna Polypack 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 Veeshna Polypack is 24AAACV9597L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Veeshna Polypack is U25200GJ1999PTC036738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veeshna Polypack has 13 court cases on record: 8 filed by the company and 5 filed against it. 1 is pending.
Veeshna Polypack was incorporated on 18 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Veeshna Polypack by revenue are Soni Rubber Products Ltd, Zenith Rubber Private Limited, N B Commercial Enterprises Limited, Universal Medicap Limited, Aaram Plastics Private Limited and 2 more, all in the Manufacturing industry (Plastic Based Products, Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Vipul Arvindbhai Shah ceased to be Director on 26 Sep 2020. Naman Vipulbhai Shah ceased to be Director on 16 Mar 2019. Keval Mineshbhai Shah was appointed as Director on 13 Dec 2017. Veeshna Polypack has 4 board changes on record in total.
Yes, Veeshna Polypack is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0028993).
Veeshna Polypack can be reached through the website veeshnapoly.com. Its registered office is in Ahmedabad, Gujarat, India.