EAST INDIA DRUMS AND BARRELS MANUFACTURING PVT LTD

Business Overview

• Operates as EIDB, East India Drums & Barrels, an industrial packaging manufacturer per its official site eidb.in. Founded/established 2013 under founder-CEO Madhav Valia
• Runs three manufacturing plants — Karjat, Raigad, Maharashtra, Daman (Gujarat) and Sonipat (Haryana) — with combined capacity of 2.3–3 million+ drums/units per year.
• Product range: close-top, open-top, gooseneck, composite and galvanised steel/composite drums serving food packaging, pharmaceuticals, agrochemicals, aroma/fine chemicals, printer-ink and lubricants/oils industries.
• Site states ~350 employees and annual turnover "300 Cr+", self-reported, not independently audited-figure confirmed.
• Note: the legal CIN entity itself was only incorporated in 2021 (per RoC), so the "2013" founding date on the website likely refers to the founding of the broader EIDB business/brand, possibly via the older 1981 group company, not this specific Pvt Ltd entity — flagged as a gap, not reconciled.

Sector & Classification

NIC 28999 — Manufacture of other special-purpose machinery n.e.c. (per CIN prefix "U28999"); actual business is industrial steel-drum/barrel packaging manufacturing (per official site eidb.in and TheCompanyCheck, which tags industry as "Packaging/Industrial Packaging Solutions").

Directors & Key Management

GST Registrations

Not obtained. No GSTIN could be located for this entity via knowyourgst.com, findgst.in or mastersindia.co (pages 404/unavailable), and no aggregator source disclosed a GSTIN. Given 3 manufacturing plants across Maharashtra, Gujarat and Haryana, the company likely holds multiple state GST registrations, but none could be verified — do not infer specific numbers.

Financials

• FY ending 31 March 2023, standalone, per Tofler / TheCompanyCheck — figures partially agree: Revenue ≈ ₹229.23 crore, TheCompanyCheck states this figure explicitly; Tofler shows only a "₹200–300 Cr" range plus a matching +80.71% YoY growth rate, consistent with TheCompanyCheck's "+81% growth" claim — treat the ₹229.23 Cr figure as partially confirmed, single precise-source.
• Other FY23 YoY deltas per Tofler, values themselves gated behind Tofler Pro paywall, so absolute EBITDA/PAT/net worth/borrowings/total assets are NOT obtained: EBITDA +108.87%, PAT (Net Profit) +109.69%, Net Worth +17.01%, Borrowings +40.07%, Total Assets +28.66%.
• No consolidated financials found
• Company does not appear to file consolidated statements. No fresher (FY24/FY25) figures found on any source.

Funding History

• Not obtained / none found.
• No VC/PE funding rounds, investor names, or Tracxn-style round data located across Tofler, TheCompanyCheck, or general search.
• Capital structure, ₹25 Cr authorized / ₹14 Cr paid-up, promoter-director shareholding, is consistent with a bootstrapped, promoter/family-funded manufacturing business rather than an externally-funded startup.

Shareholding

• Partial. Madhav Jayesh Valia is confirmed as a Director and Shareholder (Tofler). Exact shareholding percentages/cap table not obtained from any source. No listed-company shareholding pattern applies, entity is unlisted.

Loans & Charges

• Confirmed — Tofler: "the company has no registered charges", no open loans/mortgages against company assets on record as of the fetch date.

Related Parties

• Important structural note, partial/inferred, not fully confirmed: Tofler and a separate Tofler lookup both identify a related group entity — EAST INDIA DRUMS AND BARRELS MANUFACTURING LIMITED, CIN L28920MH1981PLC023972, an unlisted PUBLIC limited company incorporated 27 February 1981, Active status, as of 13 July 2026, Authorized Capital ₹48.0 Cr, Paid-up Capital ₹77.4 L, with FY21 operating revenue "under ₹1 Cr." This entity shares 2 common directors with the target Pvt Ltd company: Madhav Jayesh Valia (DIN 03381853) and Sunil Mahadeo Patil (DIN 08609438)
• It additionally has a third director, Madhu Nitin Kanadia (DIN 07049292), not on the Pvt Ltd board.
• Tofler flags the Pvt Ltd (target) entity's status against this public entity's page as "Amalgamated," but neither source states unambiguously which company absorbed which.
• Given the public 1981 shell company's much smaller paid-up capital and near-nil FY21 revenue versus the Pvt Ltd's fast-growing ~₹229 Cr revenue, the likely scenario is that the operating Pvt Ltd (2021) was amalgamated INTO the older public shell (1981) — but this is an inference from the data pattern, not a confirmed fact from any filing or news source.
• A Delhi High Court case (see legal) separately references the company being recognized as a "successor-in-interest," which is also consistent with, but does not conclusively prove, this direction.
• Flag this amalgamation direction as an unresolved data gap for editorial review before publishing.

Legal & Compliance

• Confirmed via Indian Kanoon, 2 separate matters found: (1) Delhi High Court, W.P. (C) 16457/2024, company as petitioner vs. Development Commissioner MSME and others, with related appeals, APPLs. 69454/2024, 73853-55/2024, 10569/2025
• Multiple orders Dec 2024–Jan 2026
• A January 7, 2026 order recognized the company as "successor-in-interest" to a previously granted designation, likely an MSME/EPCG-type scheme benefit — specifics not detailed in source. (2) Bombay High Court, Writ Petition (L) No.
• 4555 of 2026, company vs.
• Union of India through Ministry of Micro [Small and Medium Enterprises, implied], filed with a reply deadline two weeks after 21 January 2026
• Registered address cited in this filing, "201, A Wing, Jwala Estate, Pushp Vinod 2, Soniwadi," Mumbai, differs slightly from the Tofler-listed address. Company represented by senior advocates Sanjeev Sindwani and Anuj P. Agarwala across these matters.

Competitive Landscape

• Named industry peers in Indian steel-drum/industrial rigid packaging manufacturing, general industry knowledge, not company-database-sourced; scale tags approximate/self-reported where available: 1) Balmer Lawrie–Van Leer Ltd — large scale, PSU-JV industrial packaging leader, steel drums, barrels.
• 2) Time Technoplast Ltd — large, listed, diversified polymer/composite packaging (drums, IBCs).
• 3) Schutz India, part of global Schutz Group, — mid-large, composite IBC/drum specialist.
• 4) Mauria Udyog Ltd — mid-size, listed, steel drums/pipes manufacturer.
• 5) Greif India Pvt Ltd, part of global Greif Inc., — large, MNC-backed industrial packaging.
• EIDB, target, ~₹229 Cr FY23 revenue, 3 plants, ~350 employees, would sit as a mid-size regional player relative to these larger/listed/MNC peers.

Frequently Asked Questions

Sources

1) Tofler — https://www.tofler.in/east-india-drums-and-barrels-manufacturing-private-limited/company/U28999MH2021PTC359769 (identity, directors, capital, charges, financial deltas, amalgamation status). 2) TheCompanyCheck — https://www.thecompanycheck.com/company/east-india-drums-and-barrels-manufacturing-private-limited/U28999MH2021PTC359769 (identity, directors, FY23 revenue figure, amalgamation note, website). 3) Tofler (related entity) — https://www.tofler.in/east-india-drums-and-barrels-manufacturing-limited/company/L28920MH1981PLC023972 (group/related public entity). 4) Official site — https://eidb.in/ and https://eidb.in (business overview, facilities, logo, founder). 5) Indian Kanoon — https://indiankanoon.org/search/?formInput=East%20India%20Drums%20and%20Barrels%20Manufacturing (legal cases). Falconebiz.com, knowyourgst.com, findgst.in, mastersindia.co, CRISIL, CARE were attempted but returned no usable company-specific data (404s or generic shell pages) — not counted as sources.