About Paper Boat Apps Private Limited
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Paper Boat Apps Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nazara Technologies Limited. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 August 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC246788. Its GSTIN is 27AAHCP3148A1ZP (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors including Manish Gaurav (Whole-Time Director) and Soni Gopal Sanjay.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9th Floor Lotus Business Park Veera Desai Industrial Estate, Off New Link Road Andheri West Mumbai 400053, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.18 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹18.08 Cr (net margin 40.9%) and EBITDA of ₹28.27 Cr (EBITDA margin 64%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years and 6% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paper Boat Apps. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹10.01 Cr; the latest was in July 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paperboatapps.com.
Company details
Contact details
Paper Boat Apps Private Limited's registered office is in Mumbai, Maharashtra. Its website is paperboatapps.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th Floor Lotus Business Park Veera Desai Industrial Estate, Off New Link Road Andheri West Mumbai 400053, Maharashtra, India – 400053
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Paper Boat Apps Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Paper Boat Apps operates one associated brand: Paper Boat Apps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Game-based early education content is delivered via mobile apps. | paperboatapps.com |
Business activity
The main business activity of Paper Boat Apps is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Paper Boat Apps Private Limited, buy the company report.
Financials of Paper Boat Apps Private Limited
FY 2024 filings availablePaper Boat Apps Private Limited reported revenue of ₹44.18 Cr (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 80% fall in the latest year. EBITDA fell 56% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.27 Cr | ||||
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| Net Profit (PAT) | ₹18.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 64% | ||||
| Net Profit Margin | 40.9% | ||||
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To see the full financial statements and ratios of Paper Boat Apps Private Limited, buy the company report.
Board of directors of Paper Boat Apps Private Limited
Paper Boat Apps has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Gaurav | Whole-Time Director | 11 Jul 2025 | 1 Years 3 Months | Current |
| Soni Gopal Sanjay | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Anupriya Sinha Das Also directs: Nodwin Gaming Private Limited | Director | 13 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Paper Boat Apps Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Paper Boat Apps Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Paper Boat Apps Private Limited, buy the company report.
Deals & funding
Paper Boat Apps Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹10.01 Cr; the latest was in July 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: Nazara Technologies Limited Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Nazara Technologies Limited Seller: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Nazara Technologies Limited Seller: 2 individuals |
| Nov 2019 | Funding round | ₹10.01 Cr | Investors: Nazara Technologies Limited |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: Nazara Technologies Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Paper Boat Apps Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paper Boat Apps Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paper Boat Apps Private Limited has a workforce of 70 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Paper Boat Apps has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP3148A1ZP | Maharashtra | Active | 06 Dec 2017 |
To see the full GST registrations and return filing status of Paper Boat Apps Private Limited, buy the company report.
Recent activity
Paper Boat Apps Private Limited has 21 board changes on record since 2013: 12 appointments and 9 cessations. The latest: Dhaval Sharad Sheth ceased to be Whole-Time Director on 03 Aug 2025.
12 earlier events are in the company report.
News
Frequently asked questions
Paper Boat Apps is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 August 2013 (13+ years old) and is registered under CIN U74120MH2013PTC246788.
Paper Boat Apps has 3 current directors:
- Manish Gaurav - Whole-Time Director
- Soni Gopal Sanjay - Director
- Anupriya Sinha Das - Director
The latest financial statements of Paper Boat Apps on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paper Boat Apps is 27AAHCP3148A1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paper Boat Apps is U74120MH2013PTC246788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paper Boat Apps was incorporated on 08 August 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Paper Boat Apps has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹10.01 Cr; the latest was in July 2024.
Dhaval Sharad Sheth ceased to be Whole-Time Director on 03 Aug 2025. Manish Gaurav was appointed as Whole-Time Director on 11 Jul 2025. Soni Gopal Sanjay was appointed as Director on 01 Apr 2025. Paper Boat Apps has 21 board changes on record in total.
Paper Boat Apps can be reached through the website paperboatapps.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paper Boat Apps is at 9th Floor Lotus Business Park Veera Desai Industrial Estate, Off New Link Road Andheri West Mumbai 400053, Maharashtra, India – 400053.