DPIIT recognised startup Government of India
Startup India
Vidhik Prints Private Limited
Vidhik Prints Private Limited - packaging in Gandevi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.38 Cr
▲ 26% YoY
Net profit · FY 2025
₹71.25 Lakh
Net margin 3%
EBITDA · FY 2025
₹3.93 Cr
EBITDA margin 16.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.64 Cr
Issued & subscribed
Open charges
₹37.53 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
68
Provident fund records
About Vidhik Prints Private Limited
Data last updated:
Vidhik Prints Private Limited is a private limited company based in Gandevi, Gujarat, India, a subsidiary of Maheshwari Logistics Limited and recognised as a startup by DPIIT. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 12 September 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21099GJ2022PTC135408. Its GSTIN is 24AAICV9779Q1Z2 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.64 Cr. It is led by directors including Nilambhai Narendrabhai Naik and Nevil Nilambhai Naik.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. N.A.604 – B/1, Radhey Industrial Park Tal Gandevi At & Post Endhal, Gujarat, India – 396430.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.38 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹71.25 Lakh (net margin 3%) and EBITDA of ₹3.93 Cr (EBITDA margin 16.8%).
The company has about 68 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.53 Cr on record.
Company details
CIN U21099GJ2022PTC135408
Registration Number 135408
Incorporation Date 12 September 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Maheshwari Logistics Limited
DPIIT Recognition Recognised Startup
Key People
Nilambhai Narendrabhai Naik Director Nevil Nilambhai Naik Director Mukta Maheshwari Director Recognitions & Rankings of Vidhik Prints
Contact details
Vidhik Prints Private Limited's registered office is in Gandevi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. N.A.604 – B/1, Radhey Industrial Park Tal Gandevi At & Post Endhal, Gujarat, India – 396430
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Vidhik Prints Private Limited, buy the company report.
Comprehensive company report
Vidhik Prints 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 Vidhik Prints is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Vidhik Prints Private Limited, buy the company report.
Financials of Vidhik Prints Private Limited
FY 2025 filings availableVidhik Prints Private Limited reported revenue of ₹23.38 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹23.38 Cr ▲ 26%
Net profit · FY 2025
₹71.25 Lakh margin 3%
EBITDA · FY 2025
₹3.93 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
EBITDA CAGR growth
1 year
▲ 98%
Revenue rose 26% in the latest year. EBITDA rose 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹3.93 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹71.25 Lakh | ||
| 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 16.8% | ||
| Net Profit Margin | 3% | ||
| 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 Vidhik Prints Private Limited, buy the company report.
Board of directors of Vidhik Prints Private Limited
Vidhik Prints has 4 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 |
|---|---|---|---|---|
| Nilambhai Narendrabhai Naik | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Nevil Nilambhai Naik | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Mukta Maheshwari Also directs: Maheshwari Motor Service Private Limited | Director | 12 Sep 2022 | 4 Years 1 Months | Current |
| Neeraj Maheshwari Also directs: Maheshwari Motor Service Private Limited, Maheshwari Logistics (India) LLP, Maheshwari Logistics Limited and 2 more | Director | 27 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Vidhik Prints Private Limited is compared with the 6 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxiccorr Solutions Private Limited | ₹23.52 Cr (FY 2025) | 22.0% | Valsad, Gujarat, India | |||
| Ishika Packaging Private Limited | ₹23.47 Cr (FY 2025) | 35.0% | Kolkata, West Bengal, India | |||
| Shri Balaji Paper Pack Private Limited | ₹23.42 Cr (FY 2025) | 15.0% | Ahmedabad, Gujarat, India | |||
| Vidhik Prints Private Limitedthis company | ₹23.38 Cr (FY 2025) | ₹71.25 Lakh | 3% | 26.0% | 68 | Gandevi, Gujarat, India |
| Lsquare Eco-Products Private Limited | ₹23.34 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| V.Y. Packagings Private Limited | ₹23.1 Cr (FY 2025) | -3.0% | Faridabad, Haryana, India | |||
| Tej Packaging Private Limited | ₹22.89 Cr (FY 2024) | 31.0% | Delhi, India |
To see the full peer comparison of Vidhik Prints Private Limited, buy the company report.
Shareholding
The shareholding of Vidhik Prints Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vidhik Prints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.53 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2024 | 101001063 | State Bank of India | ₹8.73 Cr | Open | |
| 10 Oct 2024 | 100993921 | State Bank of India | ₹8.73 Cr | Open | |
| 15 Mar 2024 | 100896637 | Axis Bank Limited | ₹9.9 Cr | Open | |
| 30 Dec 2023 | 100843563 | Axis Bank Limited | ₹27 Lakh | Open | |
| 29 Nov 2023 | 100840416 | Axis Bank Limited | ₹9.9 Cr | Open |
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Vidhik Prints 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
Vidhik Prints Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pramukh Trading Co. |
To see the full MSME payment records of Vidhik Prints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vidhik Prints Private Limited has a workforce of 68 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
68
Active EPFO establishments
1
Employee growth
-2.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 68 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Vidhik Prints Private Limited, buy the company report.
GST
Vidhik Prints has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICV9779Q1Z2 | Gujarat | Active | 25 Sep 2022 |
To see the full GST registrations and return filing status of Vidhik Prints Private Limited, buy the company report.
Recent activity
Vidhik Prints Private Limited has 6 board changes on record since 2022: 4 appointments and 2 cessations. The latest: Neeraj Maheshwari ceased to be Additional Director on 29 Sep 2024.
AGM
Vidhik Prints Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Vidhik Prints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 8.73 Cr with Charge ID 101001063 was registered on 25 Oct 2024.
Charges
A charge with State Bank Of India amounted to Rs. 8.73 Cr with Charge ID 100993921 was registered on 10 Oct 2024.
Ceased
Neeraj Maheshwari ceased to be Additional Director.
Appointed
Neeraj Maheshwari was appointed as Director.
Ceased
Palash Maheshwari ceased to be Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100896637 was registered on 15 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100843563 was registered on 30 Dec 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.90 Cr with Charge ID 100840416 was registered on 29 Nov 2023.
Appointed
Mukta Maheshwari was appointed as Director.
Appointed
Nevil Nilambhai Naik was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Vidhik Prints is an active private limited company based in Gandevi, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 12 September 2022 (4+ years old) and is registered under CIN U21099GJ2022PTC135408.
Vidhik Prints has 4 current directors:
- Nilambhai Narendrabhai Naik - Director
- Nevil Nilambhai Naik - Director
- Mukta Maheshwari - Director
- Neeraj Maheshwari - Director
The latest financial statements of Vidhik Prints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Vidhik Prints is 24AAICV9779Q1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Vidhik Prints is U21099GJ2022PTC135408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vidhik Prints was incorporated on 12 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vidhik Prints by revenue are Maxiccorr Solutions Private Limited, Ishika Packaging Private Limited, Shri Balaji Paper Pack Private Limited, Lsquare Eco-Products Private Limited, V.Y. Packagings Private Limited and 1 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Neeraj Maheshwari ceased to be Additional Director on 29 Sep 2024. Neeraj Maheshwari was appointed as Director on 27 Jul 2024. Palash Maheshwari ceased to be Director on 27 Jul 2024. Vidhik Prints has 6 board changes on record in total.
Yes, Vidhik Prints is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Vidhik Prints has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 28 Aug 2023.
The registered office of Vidhik Prints is at Plot No. N.A.604 – B1, Radhey Industrial Park Tal Gandevi At & Post Endhal, Gujarat, India – 396430.
Vidhik Prints operates in the packaging industry, in the laminated and corrugated packaging segment.
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