VSG Packaging Private Limited
About VSG Packaging Private Limited
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VSG Packaging Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the paper segment of the packaging sector. It was incorporated on 18 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U21029RJ2021PTC076525. Its GSTIN is 08AAICV2285K1ZT (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vikas Ghorawat and Vinay Ghorawat.
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 F – 11 Solitare Industrial Area Phase 2 Bagru Tehsil Sanganer, Jaipur, Rajasthan, India – 303007.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.22 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹24.37 Lakh (net margin 7.6%) and EBITDA of ₹46.27 Lakh (EBITDA margin 14.4%).
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.6 Cr on record.
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- Registered AddressF – 11 Solitare Industrial Area Phase 2 Bagru Tehsil Sanganer, Jaipur, Rajasthan, India – 303007
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
Business Activity of VSG Packaging Private Limited
The main business activity of VSG Packaging is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of VSG Packaging Private Limited FY 2025 filings available
VSG Packaging Private Limited reported revenue of ₹3.22 Cr (up 482% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of VSG Packaging Private Limited
Revenue rose 482% in the latest year. EBITDA rose 651% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of VSG Packaging Private Limited
| Metrics | 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 | ₹46.27 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.37 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 of VSG Packaging Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 14.4% | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of VSG Packaging are in the company report.
Financial statements from FY 2022
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 VSG Packaging Private Limited
VSG Packaging Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sandeep Foam Industries Private Ltd | ₹3.26 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| R.R. Distributors Private Limited | ₹3.26 Cr (FY 2021) | •••• | •••• | -94.0% | •••• | Delhi, India |
| Crista Spirals Private Limited | ₹3.23 Cr (FY 2024) | •••• | •••• | 215.0% | •••• | Panipat, Haryana, India |
| Senthil Packagings Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| RJ Nailless Pac Private Limited | ₹3.23 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Pune, Maharashtra, India |
| VSG Packaging Private Limited this company | ₹3.22 Cr (FY 2024) | •••• | •••• | 482.0% | •••• | Jaipur, Rajasthan, India |
| Central India Paper & Board Mills Pvt Ltd | ₹3.21 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Bhopal, Madhya Pradesh, India |
| A.R. Innovations Private Limited | ₹3.2 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Phenolam India Pvt Ltd | ₹3.2 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Telangana, India |
| Tanisha Containers Private Limited | ₹3.2 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Bhiwadi, Rajasthan, India |
| JSB Innovative Packaging Solution Private Limited | ₹3.19 Cr (FY 2019) | •••• | •••• | 9074.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below VSG Packaging by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of VSG Packaging Private Limited
VSG Packaging Private Limited is audited by R Sogani & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Sogani & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of VSG Packaging Private Limited
VSG Packaging has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Ghorawat Also directs: Neerav Packaging Private Limited | Director | 18 Aug 2021 | 5 Years 1 Months | Current |
| Vinay Ghorawat Also directs: Neerav Packaging Private Limited | Director | 18 Aug 2021 | 5 Years 1 Months | Current |
Ownership and Shareholding of VSG Packaging Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of VSG Packaging Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Mar 2022 | Others | ₹1.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at VSG Packaging Private Limited
VSG Packaging Private Limited has a workforce of 6 employees as of Apr 06, 2024.
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 VSG Packaging Private Limited
VSG Packaging Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Vikas Ghorawat was appointed as Director on 18 Aug 2021.
Credit Ratings, Litigation & Regulatory Alerts for VSG Packaging Private Limited
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 VSG Packaging Private Limited
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 VSG Packaging Private Limited
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 VSG Packaging Private Limited
VSG Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICV2285K1ZT | Rajasthan | Active | 01 Sep 2021 |
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 VSG Packaging Private Limited
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 VSG Packaging Private Limited
VSG Packaging is an active private limited company based in Jaipur, Rajasthan, India. The company works in paper, within the packaging industry. It was incorporated on 18 August 2021 (5+ years old) and is registered under CIN U21029RJ2021PTC076525.
VSG Packaging reported revenue of ₹3.22 Cr for FY 2024 (up 482% YoY).
VSG Packaging has 2 current directors:
- Vikas Ghorawat - Director
- Vinay Ghorawat - Director
VSG Packaging reported a net profit of ₹24.37 Lakh (net margin 7.6%) and EBITDA of ₹46.27 Lakh (EBITDA margin 14.4%) for FY 2024, as per its filed financial statements.
The GSTIN of VSG Packaging is 08AAICV2285K1ZT, registered in Rajasthan.
The CIN (Corporate Identification Number) of VSG Packaging is U21029RJ2021PTC076525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VSG Packaging was incorporated on 18 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of VSG Packaging by revenue are Sandeep Foam Industries Private Ltd, R.R. Distributors Private Limited, Crista Spirals Private Limited, Senthil Packagings Private Limited, RJ Nailless Pac Private Limited and 5 more, all in the Packaging industry (Paper Laminated and Corrugated Packaging).
Vikas Ghorawat was appointed as Director on 18 Aug 2021. Vinay Ghorawat was appointed as Director on 18 Aug 2021.
The registered office of VSG Packaging is at F – 11 Solitare Industrial Area Phase 2 Bagru Tehsil Sanganer, Jaipur, Rajasthan, India – 303007.
VSG Packaging has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.