MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-MH-18-0078422
Velvin Packaging Solutions Private Limited - packaging in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹232.48 Cr
▲ 117% YoY
Net profit · FY 2025
₹29.25 Cr
Net margin 12.6%
EBITDA · FY 2025
₹41.9 Cr
EBITDA margin 18%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Open charges
₹65.14 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
113
Provident fund records
About Velvin Packaging Solutions Private Limited
Data last updated:
Velvin Packaging Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 31 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21029MH2021PTC361289. Its GSTIN is 27AAICV0901C1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors Vernon Mathias and Vincent Mathias.
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 – 303 Mangalya Premises Co – Op Hsg So.Ltd Marol Maroshi Road Marol Andheri East, Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹232.48 Cr, a growth of 117% compared to the previous year. For the same year it recorded a net profit of ₹29.25 Cr (net margin 12.6%) and EBITDA of ₹41.9 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 77% over three years.
The company has about 113 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65.14 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022. Its 6 peer companies in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Parekhplast India Limited with revenue of ₹264.54 Cr.
Velvin Packaging Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0078422). For more details, the company can be reached via its website vel-vin.com.
Company details
CIN U21029MH2021PTC361289
Registration Number 361289
Incorporation Date 31 May 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0078422
Key People
Vernon Mathias Director Vincent Mathias Director Recognitions & Rankings of Velvin Packaging Solutions
Contact details
Velvin Packaging Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressB – 303 Mangalya Premises Co – Op Hsg So.Ltd Marol Maroshi Road Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Velvin Packaging Solutions Private Limited, buy the company report.
Comprehensive company report
Velvin Packaging Solutions 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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Business activity
The main business activity of Velvin Packaging Solutions 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 Velvin Packaging Solutions Private Limited, buy the company report.
Financials of Velvin Packaging Solutions Private Limited
FY 2025 filings availableVelvin Packaging Solutions Private Limited reported revenue of ₹232.48 Cr (up 117% YoY) for FY 2025.
Revenue · FY 2025
₹232.48 Cr ▲ 117%
Net profit · FY 2025
₹29.25 Cr margin 12.6%
EBITDA · FY 2025
₹41.9 Cr margin 18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 117%
3 years · compounded
▲ 77%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▲ 73%
Revenue has grown at a compounded annual rate (CAGR) of 77% over three years, including 117% growth in the latest year. EBITDA rose 81% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹41.9 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹29.25 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18% | |||
| Net Profit Margin | 12.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Velvin Packaging Solutions Private Limited, buy the company report.
Board of directors of Velvin Packaging Solutions Private Limited
Velvin Packaging Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vernon Mathias | Director | 31 May 2021 | 5 Years 4 Months | Current |
| Vincent Mathias Also directs: Velvin Rengo Containers Private Limited, Velvin Packaging Private Limited, Velvin Technologies Private Limited and 2 more | Director | 31 May 2021 | 5 Years 4 Months | Current |
Peer comparison
Velvin Packaging Solutions Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Industrial Packaging), 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 |
|---|---|---|---|---|---|---|
| Parekhplast India Limited | ₹264.54 Cr (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Avi Global Plast Private Limited | ₹262.64 Cr (FY 2025) | 2.0% | Daman, Daman and Diu, India | |||
| Bsa Polycontainer Private Limited | ₹248.79 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Vidya Polymer Private Limited | ₹237.38 Cr (FY 2025) | -3.0% | Noida, Uttar Pradesh, India | |||
| Velvin Packaging Solutions Private Limitedthis company | ₹232.48 Cr (FY 2025) | ₹29.25 Cr | 12.6% | 117.0% | 113 | Mumbai, Maharashtra, India |
| Parikh Packaging Private Limited | ₹230.23 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Aero Plast Limited | ₹228.81 Cr (FY 2024) | 19.0% | Delhi, India |
To see the full peer comparison of Velvin Packaging Solutions Private Limited, buy the company report.
Auditor
Velvin Packaging Solutions Private Limited is audited by S A R A & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A R A & ASSOCIATES | FY 2023 | 120927W |
Shareholding
The shareholding of Velvin Packaging Solutions Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Velvin Packaging Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹65.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2024 | 101006547 | Others | ₹85.13 Lakh | Open | |
| 11 Oct 2024 | 101004691 | Others | ₹28.55 Lakh | Open | |
| 27 Mar 2024 | 100906091 | Others | ₹17 Cr | Open | |
| 28 Jan 2022 | 100532317 | Others | ₹30 Cr | Open | |
| 30 Sep 2021 | 100492962 | Others | ₹17 Cr | Open |
To see the full charge records of Velvin Packaging Solutions Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Velvin Packaging Solutions Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022.
Total deals
2
Rights issue
1
Secondary share transfer
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2021 | Rights issue | ₹2 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Velvin Packaging Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by M/S Dunzo Digital Pvt. Ltd | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by M/S Dunzo Digital Pvt. Ltd | Disposed |
To see the full case history of Velvin Packaging Solutions 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 Velvin Packaging Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Velvin Packaging Solutions Private Limited has a workforce of 113 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
113
Active EPFO establishments
1
Employee growth
46.75%
GST
Velvin Packaging Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV0901C1ZR | Maharashtra | Active | 05 Jul 2021 |
| 30AAICV0901C1Z4 | Goa | Active | 01 Apr 2023 |
To see the full GST registrations and return filing status of Velvin Packaging Solutions Private Limited, buy the company report.
Recent activity
Velvin Packaging Solutions Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Vernon Mathias was appointed as Director on 31 May 2021.
AGM
Velvin Packaging Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 17.00 Cr registered on 27 Mar 2024 with Charge ID 100906091 was modified on 22 May 2025.
Charges
A charge with Others of Rs. 17.00 Cr registered on 30 Sep 2021 with Charge ID 100492962 was modified on 22 May 2025.
Filing
Velvin Packaging Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 30.00 Cr registered on 28 Jan 2022 with Charge ID 100532317 was modified on 19 Feb 2025.
Charges
A charge with Others amounted to Rs. 0.85 Cr with Charge ID 101006547 was registered on 31 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.29 Cr with Charge ID 101004691 was registered on 11 Oct 2024.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100906091 was registered on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100532317 was registered on 28 Jan 2022.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100492962 was registered on 30 Sep 2021.
Appointed
Vernon Mathias was appointed as Director.
Appointed
Vincent Mathias was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Velvin Packaging Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 31 May 2021 (5+ years old) and is registered under CIN U21029MH2021PTC361289.
Velvin Packaging Solutions has 2 current directors:
- Vernon Mathias - Director
- Vincent Mathias - Director
The latest financial statements of Velvin Packaging Solutions 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 FY 2022 are in the company report.
The GSTIN of Velvin Packaging Solutions is 27AAICV0901C1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAICV0901C1Z4 (Goa).
The CIN (Corporate Identification Number) of Velvin Packaging Solutions is U21029MH2021PTC361289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velvin Packaging Solutions has 3 court cases on record: 3 filed against it.
Velvin Packaging Solutions was incorporated on 31 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Velvin Packaging Solutions has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2022.
The peers of Velvin Packaging Solutions by revenue are Parekhplast India Limited, Avi Global Plast Private Limited, Bsa Polycontainer Private Limited, Vidya Polymer Private Limited, Parikh Packaging Private Limited and 1 more, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Vernon Mathias was appointed as Director on 31 May 2021. Vincent Mathias was appointed as Director on 31 May 2021.
Yes, Velvin Packaging Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0078422).