MIRA INFORM
REPORT
Dated 24th April, 2007
NAME
PACK IN INDIA
REGISTERED OFFICE
Chandragupta, New Link
Road, Near Monginis Factory, Andheri (West), Mumbai, Maharashtra, India
Tel. No.:
91-22-26342097
Fax No.:
91-22-26301353
Area : 700 Sq.ft.
(Owned)
FACTORY
D-75, MIDC, Ranjangaon, Taluka : Shirur, District Pune, RAnjangaon, Pune, Maharashtra, India
Tel. No.: 91-2138-32200
Fax No.: 91-2138-32275
Area : 35000 Sq.ft. (Owned)
BRANCH
--
HISTORY
Subject was established in the year 1999.
LEGAL FORM
Subject is a Partnership Concern with an Unlimited Liability of the Partners.
PARTNERS
|
Name : |
Mr. Sanjay Chhajad |
|
Designation : |
Partner |
|
Age : |
42 years |
|
Qualification : |
Chartered Accountant |
|
Experience : |
18 years |
|
|
|
|
Name : |
Mrs. Vandana Chhajad |
|
Designation : |
Partner |
BUSINESS
Subject is a manufacturer of Kraft Paper and Corrugated Boxes and Packaging Materials.
They are engaged in manufacturing of Corrugated Box.
It is an ISO 9001-2 certified company.
Subject imports Raw Materials from Australia and USA.
Subject purchases against Cash and Credit (30 days) terms.
Subject sells against Credit (30 days) terms.
It is in trade terms with :
v Pepsico India Holdings Private Limited, Gurgaon
v ICI India Limited, Gurgaon
v Merlino Racold India Limited, Pune
It employs around 75 people.
TAN No.: MUMP10596F
PAN NO.: AAEFP4326J
Website Details :
Their group is in this industry for last 30 years.
Since then they have constantly strived to improve their service and quality to
meet the various challenging requirements of the customer needs. They have over
the period added new equipments to keep up with the improvements in technology
in this industry. Fast growth in the volumes of customers and fast quality
service leads to the need for more capacities. One small unit in 1972 by the
name of Pacopack went on to become a group of companies and one of the leading
manufacturers of corrugated boxes with manufacturing activities in Mumbai.
Their Group:
v Pacopack,
Mumbai
v R.G.
Desai & Sons, Mumbai
v Innovative`s,
Mumbai
v Webtech
Systems, Mumbai
v Packfine
Industries, Nasik
v Pacopack
(India), NasikPaack in India, Ranjangaon (Pune)
Subject, with annual capacity of 3000 tons per
shift is equipped with modern machinery and latest facilities. The plant has a
built up area of 18000 sq. ft.
Their Group`s most valued customers:
v Associated
Capsules Limited
v Bekaert
Industries Limited
v Bharat
Gears Limited
v Caprihans
India Limited
v Esso
Petroleum India Limited
v Esdee
Paints Limited
v GCMMF Limited
(Amul)
v Hyundai
Motor India Limited
v KSB
Pumps Limited
v Parle
Exports Private Limited
v Parakh
Foods Private Limited
v Schrader
Duncan Limited
v Videocon
Appliances Limited
v Apollo
Tyres Limited
v Bajaj
Auto Limited
v Castrol
Lubriants Limited
v Daewoo
Anchor Elect. Limited
v ELF
Lubricants Limited
v Frito-lay
India
v Grindwell
Norton Limited
v Kodak
India Limited
v Lupin
Laboratories Limited
v Pennzoil
India Limited
v Sansui
Electronics Private Limited
v Skol
Breweries Limited
v Wheels
India Limited
Paack in
India:
v
Corrugation
Machines of larger sizes.
v
27
years experience in the industry to meet the customers challenging
requirements.
v
Complete
range of Broad, Narrom, `C` & `E`, Flutes, for manufacturing entire range
of cartons.
v
In-house
Quality Control on incoming raw material and outgoing finished products.
v
Huge
capacity to fulfill the needs of corrugated boxes.
v
In-house
printing facility (Offset & Flexo) to have better control on the final look
of the package.
v
In-house
designing facility to give you better aesthetics and value for the products.
v
Own
Transport service to provide you JUST-IN-TIME delivery facility.
v
Sufficient
flexibility to match the requirements.
v
To
top it all a prospective ISO 9002 supplier company to provide quality products
and service.
Replacement
of wooden boxes:
They
would like to bring to the notice that they have been successful in developing
corrugated boxes for companies who have been predominantly using corrugated
boxes in replacement of wooden boxes. These boxes are being used for carrying
material weighing from 50 Kgs to 600 Kgs per box.
Plant
& Machinery:
Corrugation
with thermic fluid boiler system and automatic cutter synchronized size: 89
inches & size: 52 inches.
v
Pasting
Machine
v
Sheet
Pressing Machine
v
4 Bar
Rotary
v
Eccentric
Slotter
v
Flat
Bed Die Punching Machine
v
Flexo
Printing Machine
v
Stitching
Machine
v
Hot
Melt Gluing Machine
v
Adhesive
Making Machine etc.
Quality
Control Equipments:
Box compression tester; Moisture content tester; Bursting strength tester;
Grammage tester; ring crush tester; Edge crush tester; COBB value tester;
Puncture resistance tester; Refractometer; Viscosity tester etc.
Capacity:
They have
got huge capacity to meet the entire range of corrugated boxes like Broad,
Narrow, `C` & `E` Flutes. With In-house printing facility (Offset &
flexo), gives us control on the final look of the package.
SISTER CONCERNS
v Pacopack, Mumbai
v R G Desai & Sons
v Innovative’s, Mumbai
v Webtech Systems, Mumbai
v Packfine Industries, Nasik
v Pacopack (India), Nasik
BANKERS
Shamrao Vithal Cooperative Bank Limited, Versova, Mumbai
(Cash Credit : Rs.5.000 millions)
FINANCIAL INFORMATION
The company's latest financial information for the period ended 31st March, 2007 is enclosed herewith.
[figures are in Rupees Millions]
|
PARTICULARS |
|
31.03.2007 |
31.03.2006 |
|
|
|
|
|
|
Capital Investment |
|
5.000 |
NA |
|
|
|
|
|
|
Annual Turnover |
|
70.000 |
40.000 |
Projected Turnover for Current Year (2007-08) : Rs.100.000 Millions
Group Turnover : Rs.700.000 millions
COMMENTS
Subject is a well established concern having satisfactory track.
Trade relations are fair. Payments are usually correct and as per commitments.
The concern can be considered good for normal business dealings.