- Business
- Asia Pack Limited (ASIAPAK.BO), incorporated in 1985 as a private limited company and converted to public limited status in 1987 with an initial public offering in 1995, operates primarily in the real estate sector in India with headquarters in Nathdwara, Rajsamand district, Rajasthan; the company engages in property rentals from owned and leased assets, advisory and consultancy services, trading of raw papers, paper products, duplex board, and packaging materials; historically it manufactured polypropylene/high-density polyethylene woven fabrics, sacks, and polyethylene tarpaulins before pivoting to real estate and trading activities around 2009, generating revenue also from interest income and inter-corporate advances used to partner with industry players on resource-intensive projects. In recent financial periods as of late 2024, Asia Pack reported fluctuating quarterly profits including a net loss of Rs 0.07 crore in the December quarter amid 400% sales growth to Rs 0.05 crore from paper trading, followed by a 9.09% profit rise to Rs 0.12 crore in September with similar sales increases, reflecting ongoing operational focus on real estate leasing and selective trading without major acquisitions, partnerships, funding rounds, or strategic expansions noted in the past one to two years.