- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Mumbai India
- IPO Date
- Sep 11, 2015
- Business
- Callista Industries Limited is an India-based diversified enterprise engaged in packaging material manufacturing, wholesale textile trading, and infrastructure development services. Founded in 1989 and headquartered in Surat, Gujarat, India, the company operates across multiple industrial and commercial sectors, serving domestic industrial clients, commercial businesses, and regional markets throughout India.
The company organizes its business operations across three primary operating divisions: Packaging Solutions, Textile and Merchandise Trading, and Infrastructure and Development. Its core product and service offerings comprise: flexible packaging solutions, including polyethylene films, laminated pouches, barrier films, and polymer sheets; paper and cardboard packaging, including corrugated boxes, industrial carton boards, and packaging containers; plastic containers, rigid bottles, and synthetic packaging materials; wholesale textile trading, including synthetic and natural fabrics, cotton textiles, readymade garments, and apparel materials; infrastructure and civil contracting services, encompassing the development, construction, and execution of roads, highways, bridges, residential housing complexes, commercial facilities, and municipal utility projects; and commercial trading and auxiliary support services, including electrical components, battery systems, equipment leasing, and project consultancy.
In recent strategic developments, Callista Industries Limited—formerly known as CHPL Industries Limited—has undertaken significant operational diversification and balance sheet restructuring to support long-term growth. The company amended its memorandum of association to formally incorporate flexible packaging manufacturing and trading into its core operations, transitioning from its historical reliance on pure-play textile trading. To fund ongoing business expansion and augment working capital, the company increased its authorized share capital and secured regulatory in-principle approval from the BSE for a preferential issue of equity shares and convertible warrants, alongside proposed rights issue initiatives. Concurrently, the company has restructured its board of directors and corporate governance framework to facilitate expansion into specialized packaging supply chains and regional infrastructure contracting across western India.