
About Welpack Industries Private Limited
Data last updated:
Welpack Industries 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 28 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25200MH2002PTC138024. Its GSTIN is 26AAACW4521B1ZU (Dadra and Nagar Haveli and Daman and Diu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.29 Cr. It was formerly known as Welpack Industries Limited. It is led by directors including Nimesh Arvindkumar Sanghvi and Arvindkumar Ratilal Sanghvi.
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 Unit No. 235 – 237 Ijmima Imitation Jewellery Market Cs Off. Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.21 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹57.08 Lakh (net margin 9.2%) and EBITDA of ₹1.34 Cr (EBITDA margin 21.5%). Revenue has declined at a compounded annual rate (CAGR) of 102% over three years and 35% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.11 Cr and satisfied charges of ₹28.6 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in March 2024. Its 10 peer companies in the Packaging industry (Industrial Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Vishwas Polypacks Private Limited with revenue of ₹5.99 Cr. The company has 10 MSME Form 1 returns on record between 2020 and 2024, listing 643 overdue payments to 20 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website welpackind.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressUnit No. 235 – 237 Ijmima Imitation Jewellery Market Cs Off. Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryPackaging, Industrial Packaging Solutions
- 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 Welpack Industries Private Limited
The main business activity of Welpack Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Welpack Industries Private Limited FY 2025 filings available
Welpack Industries Private Limited reported revenue of ₹6.21 Cr (down 86% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Welpack Industries Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 86% fall in the latest year. EBITDA fell 41% 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 of Welpack Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.21 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹57.08 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 Welpack Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.2% | •••• | •••• | •••• | •••• |
| 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 Welpack Industries are in the company report.
Financial statements from 2015
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 Welpack Industries Private Limited
Welpack Industries Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Industrial 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 |
|---|---|---|---|---|---|---|
| Welpack Industries Private Limited this company | ₹6.21 Cr (FY 2025) | •••• | •••• | -86.0% | •••• | Mumbai, Maharashtra, India |
| Vishwas Polypacks Private Limited | ₹5.99 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Gandhidham, Gujarat, India |
| Vikrant Manufacturing Private Limited | ₹5.99 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Duvera Industries Private Limited | ₹5.97 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Surat, Gujarat, India |
| Namaste Pack and Wrap Private Limited | ₹5.96 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bharuch, Gujarat, India |
| Shakuntech Packing Private Limited | ₹5.96 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Nashik, Maharashtra, India |
| Kodanda Polypacks Private Limited | ₹5.94 Cr (FY 2018) | •••• | •••• | -24.0% | •••• | Hyderabad, Andhra Pradesh, India |
| Kota Tapes (India) Private Limited | ₹5.93 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Vadodara, Gujarat, India |
| Sharp Plastics Private Limited | ₹5.9 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Virpar, Gujarat, India |
| Sakshi Packers Private Limited | ₹5.9 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Yamuna Nagar, Haryana, India |
| Compack Packaging Private Limited | ₹5.88 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Welpack Industries by revenue in the Packaging industry (Industrial 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 Welpack Industries Private Limited
Welpack Industries Private Limited is audited by Deepak Maru & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deepak Maru & Co | 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 Welpack Industries Private Limited
Welpack Industries has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Arvindkumar Sanghvi | Director | 20 Jul 2006 | 20 Years 2 Months | Current |
| Arvindkumar Ratilal Sanghvi | Director | 28 Nov 2002 | 23 Years 10 Months | Current |
| Vikram Arvindkumar Sanghvi | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Welpack Industries 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 Welpack Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jul 2021 | Others | ₹8.01 Cr | Open |
| 29 Apr 2019 | Others | ₹10.1 Cr | Open |
| 30 Jan 2006 | Hdfc Bank Limited | ₹28.6 Cr | Satisfied |
| 17 Mar 2004 | Central Bank of India | ₹- | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Welpack Industries Private Limited
Welpack Industries Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Arvind R Sanghavi HUF, 3 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Nimesh A Sanghvi Huf, Arvind R Sanghavi HUF, 2 individuals Seller: Rigveda Properties Ltd , Candy Filters (Bombay) Limited , Realstone Exports Limited , an individual |
| Mar 2007 | Funding round | ₹1 Cr | Investors: Rigveda Properties Ltd , Utkantha Trading and Properties Limited , Realstone Exports Limited |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Welpack Industries Private Limited
Welpack Industries Private Limited has 3 court cases on record: 3 filed by Welpack Industries. All cases are disposed. Status as checked between 29 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Welpack Industries Private Limited
Welpack Industries Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 643 overdue payments to 20 micro and small suppliers. 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 (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Chheda Management Consultants LLP | •••• | •••• | •••• |
| J.J. Plastalloy Private Limited | •••• | •••• | •••• |
| Rayan Plast | •••• | •••• | •••• |
| Puja Packaging | •••• | •••• | •••• |
| Maruti Petrochem | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Welpack Industries Private Limited
Welpack Industries Private Limited has a workforce of 71 employees as of Oct 08, 2025.
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.
CIN History of Welpack Industries Private Limited
Welpack Industries has one previous CIN (Corporate Identification Number): U25200MH2002PLC138024. The current CIN is U25200MH2002PTC138024, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25200MH2002PTC138024 | Current |
| U25200MH2002PLC138024 | Previous |
Recent Activity on Welpack Industries Private Limited
Welpack Industries Private Limited has 10 board changes on record since 2002: 4 appointments and 6 cessations. The latest: Hiral Nimesh Sanghvi ceased to be Additional Director on 30 Sep 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Welpack Industries 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.
Subsidiaries & Group Companies of Welpack Industries 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 Welpack Industries Private Limited
Welpack Industries has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAACW4521B1ZU | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Jul 2017 |
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 Welpack Industries 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 Welpack Industries Private Limited
Welpack Industries 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 28 November 2002 (24+ years old) and is registered under CIN U25200MH2002PTC138024.
Welpack Industries reported revenue of ₹6.21 Cr for FY 2025 (down 86% YoY).
Welpack Industries has 3 current directors:
- Nimesh Arvindkumar Sanghvi - Director
- Arvindkumar Ratilal Sanghvi - Director
- Vikram Arvindkumar Sanghvi - Director
Welpack Industries reported a net profit of ₹57.08 Lakh (net margin 9.2%) and EBITDA of ₹1.34 Cr (EBITDA margin 21.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Welpack Industries is 102% over three years and -35% over five years. In the latest year (FY 2025) revenue fell 86%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Welpack Industries is 26AAACW4521B1ZU, registered in Dadra and Nagar Haveli and Daman and Diu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Welpack Industries is U25200MH2002PTC138024. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Welpack Industries has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Welpack Industries was incorporated on 28 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Welpack Industries has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in March 2024.
The peers of Welpack Industries by revenue are Vishwas Polypacks Private Limited, Vikrant Manufacturing Private Limited, Duvera Industries Private Limited, Namaste Pack and Wrap Private Limited, Shakuntech Packing Private Limited and 5 more, all in the Packaging industry (Industrial Packaging).
Hiral Nimesh Sanghvi ceased to be Additional Director on 30 Sep 2025. Hiral Nimesh Sanghvi was appointed as Additional Director on 12 Mar 2025. Rekha Arvind Sanghvi ceased to be Director on 01 Apr 2014. Welpack Industries has 10 board changes on record in total.