V

Vinsak

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VINSAK Company Profile



Background



Established in 1993, VINSAK has been a pivotal player in the printing and packaging industry, offering innovative and business-oriented solutions. The company's mission is to deliver best-in-class customized phygital packaging solutions, promote green packaging, ensure authenticity, and foster innovation. With a vision to touch every life through green and secure packaging solutions, VINSAK has significantly impacted the industry by providing tailored solutions that integrate seamlessly into clients' operations. Over the past two decades, VINSAK has enabled numerous businesses, from large established brands to emerging entities, to achieve financial success through customized, well-integrated, and supported solutions. The company's growth now spans extensively across the Indian subcontinent, the Middle East, and large parts of Africa.

Key Strategic Focus



VINSAK's strategic focus centers on empowering print and packaging entrepreneurs and executives to transform and conduct their business optimally. The company specializes in manufacturing and marketing printing, packaging, and print finishing equipment, offering consultancy and services for establishing turn-key projects, including new ventures, diversification, and integration. VINSAK's product portfolio includes flexography plates, roll lifters, digital color presses, laser die-cutting machines, and more, targeting manufacturers of packaging and printed products. The company emphasizes customer-centric and employee-centric values, maintaining high integrity, commitment, quality, speed, and innovation.

Financials and Funding



VINSAK India Private Limited, incorporated on October 30, 2014, has demonstrated significant financial growth. For the financial year ending March 31, 2024, the company reported a 16.75% increase in total revenue and a 30.97% rise in profit. The net worth saw an impressive 21.19% increase. The company's authorized capital stands at ₹5.00 million, with a paid-up capital of ₹1.12 million. As per the Ministry of Corporate Affairs records, VINSAK has active open charges totaling ₹37.00 million.

Pipeline Development



VINSAK continually enhances its product offerings to meet evolving market demands. The company has installed over 40 machines globally in the past two years, reflecting its commitment to innovation and customer satisfaction. Notably, VINSAK introduced the Universal Slitter and Rewinder (USAR) machine, a modular system for label finishing, capable of servo register for die-cutting blank and pre-printed labels. The USAR is fully modular and can be configured as per customer requirements, with a maximum mechanical speed of up to 300 meters per minute.

Technological Platform and Innovation



VINSAK distinguishes itself through its proprietary technologies and innovative solutions:

  • USAR (Universal Slitter and Rewinder): A high-resolution security printing machine with customizable finishing solutions.


  • LABEL-DECORE: A modular machine for converting and label embellishments, designed to create labels that stir emotions and pique curiosity.


  • UNIVERSAL 520 | 680 | 850: A combined offset and flexo sleeve rotary press for top-quality printing on multiple substrates for labels, flexible packaging, and folding cartons.


  • RK-250 Plus: A variable format rotary offset press designed for full-color printing, security, and commercial documents.


  • VINSAK SECURITY SOFTWARE: Utilizes original mathematical techniques traditionally used to create characteristic security devices for passports, banknotes, and other secure documents.


Leadership Team



VINSAK's leadership comprises experienced professionals dedicated to driving the company's mission:

  • Ranesh Bajaj: Serving as a Director, Ranesh has been instrumental in steering VINSAK's strategic direction and growth.


  • Viren Bajaj: Appointed as an Additional Director on August 2, 2022, Viren brings fresh perspectives to the company's leadership.


  • Gita Bajaj: Appointed as a Director on April 4, 2023, Gita contributes to the company's strategic initiatives.


  • Nishant Rawat: Appointed as a Director on June 29, 2022, Nishant plays a key role in the company's operations.


Leadership Changes



Recent significant appointments within VINSAK's leadership include:

  • Gita Bajaj: Appointed as Director on April 4, 2023.


  • Viren Bajaj: Appointed as Additional Director on August 2, 2022.


  • Nishant Rawat: Appointed as Director on June 29, 2022.


Competitor Profile



Market Insights and Dynamics:

The printing and packaging industry is experiencing significant growth, driven by increasing demand for innovative and sustainable packaging solutions. Technological advancements and the need for customization are shaping market dynamics, with companies striving to offer integrated and efficient solutions.

Competitor Analysis:

VINSAK operates in a competitive landscape alongside key players such as:

  • GoDEX: Specializes in manufacturing barcode printers and related accessories.