MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0026340
Aashima Papers Private Limited - manufacturing in Sunam, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.96 Cr
▼ 20% YoY
Net profit · FY 2024
₹32.47 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹1.37 Cr
EBITDA margin 6.5%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.5 Cr
Issued & subscribed
Open charges
₹13.1 Cr
Satisfied ₹14.2 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
28
Provident fund records
About Aashima Papers Private Limited
Data last updated:
Aashima Papers Private Limited is a private limited company based in Sunam, Punjab, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21099PB2020PTC051120. Its GSTIN is 03AATCA5158R1ZX (Punjab).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors Arun Kumar Sharma and Anil Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Aashima Papers Private Limited Village Akalgarh Sangrur Road, Sunam, Punjab, India – 148028.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.96 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹32.47 Lakh (net margin 1.5%) and EBITDA of ₹1.37 Cr (EBITDA margin 6.5%).
The company has about 28 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.1 Cr and satisfied charges of ₹14.2 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 6 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.49 Cr; the latest was in September 2021. Its 4 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 smaller; the largest is DH Printpack Private Limited with revenue of ₹20.93 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 48 overdue payments to 9 micro and small suppliers.
Aashima Papers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0026340). For more details, the company can be reached via its website aashimapapers.com.
Company details
CIN U21099PB2020PTC051120
Registration Number 051120
Incorporation Date 03 June 2020
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-PB-12-0026340
Key People
Arun Kumar Sharma Director Anil Kumar Director Recognitions & Rankings of Aashima Papers
Contact details
Aashima Papers Private Limited's registered office is in Sunam, Punjab. Its website is aashimapapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAashima Papers Private Limited Village Akalgarh Sangrur Road, Sunam, Punjab, India – 148028
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Aashima Papers Private Limited, buy the company report.
Comprehensive company report
Aashima Papers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aashima Papers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Aashima Papers Private Limited, buy the company report.
Financials of Aashima Papers Private Limited
FY 2025 filings availableAashima Papers Private Limited reported revenue of ₹20.96 Cr (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹20.96 Cr ▼ 20%
Net profit · FY 2024
₹32.47 Lakh margin 1.5%
EBITDA · FY 2024
₹1.37 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
EBITDA CAGR growth
1 year
▲ 27%
Revenue fell 20% in the latest year. EBITDA rose 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.37 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹32.47 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.5% | |||
| Net Profit Margin | 1.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Aashima Papers Private Limited, buy the company report.
Board of directors of Aashima Papers Private Limited
Aashima Papers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Sharma | Director | 03 Jun 2020 | 6 Years 5 Months | Current |
| Anil Kumar | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Aashima Papers Private Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aashima Papers Private Limitedthis company | ₹20.96 Cr (FY 2024) | ₹32.47 Lakh | 1.5% | -20.0% | 28 | Sunam, Punjab, India |
| DH Printpack Private Limited | ₹20.93 Cr (FY 2025) | 9.0% | Pune, Maharashtra, India | |||
| Bharadwaj Packaging Private Limited | ₹20.9 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Maa Kali Papers Limited | ₹20.87 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Ventura Packagers Pvt Ltd | ₹20.77 Cr (FY 2025) | 14.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Aashima Papers Private Limited, buy the company report.
Auditor
Aashima Papers Private Limited is audited by V.R.P. & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.R.P. & CO. | FY 2023 | 024900N |
Shareholding
The shareholding of Aashima Papers Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aashima Papers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.1 Cr
Satisfied charges
₹14.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Sep 2025 | 101151872 | Axis Bank Limited | ₹37.8 Lakh | Open | |
| 31 Aug 2024 | 100971227 | Axis Bank Limited | ₹65 Lakh | Open | |
| 17 Jul 2023 | 100751381 | Others | ₹7 Lakh | Open | |
| 23 Jun 2023 | 100745276 | Axis Bank Limited | ₹12 Cr | Open | |
| 22 Aug 2023 | 100769393 | Axis Bank Limited | ₹7.95 Cr | Satisfied |
To see the full charge records of Aashima Papers Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Aashima Papers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.49 Cr; the latest was in September 2021.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹2.49 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹2.49 Cr | Investors: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aashima Papers Private Limited has 7 court cases on record: 7 filed by Aashima Papers. 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
7
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 0 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangrur, Punjab | Appeal | Filed by the company against Punjab State Power Corporation Ltd. and 2 others | Pending |
| District court, Sangrur, Punjab | Execution petition | Filed by the company against an individual | Pending |
| District court, Sangrur, Punjab | Execution petition | Filed by the company against Achintya Enterprises | Pending |
| District court, Sangrur, Punjab | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Sangrur, Punjab | Cheque dishonour complaint | Filed by the company against Shine Industries | Pending |
To see the full case history of Aashima Papers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Aashima Papers Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 48 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JMD Polymers Paonta Sahib | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Aashima Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aashima Papers Private Limited has a workforce of 28 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
GST
Aashima Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AATCA5158R1ZX | Punjab | Active | 01 Dec 2021 |
To see the full GST registrations and return filing status of Aashima Papers Private Limited, buy the company report.
Recent activity
Aashima Papers Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Parveen Kumar ceased to be Director on 01 Mar 2022.
AGM
Aashima Papers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101151872 was registered on 09 Sep 2025.
Charges
A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 23 Jun 2023 with Charge ID 100745276 was modified on 18 Aug 2025.
Filing
Aashima Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.65 Cr with Charge ID 100971227 was registered on 31 Aug 2024.
Charges
A charge registered on 22 Aug 2023 via Charge ID 100769393 with Axis Bank Limited was fully satisfied on 01 May 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 7.95 Cr with Charge ID 100769393 was registered on 22 Aug 2023.
Charges
A charge registered on 14 Sep 2021 via Charge ID 100496752 with Canara Bank was fully satisfied on 18 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.07 Cr with Charge ID 100751381 was registered on 17 Jul 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100745276 was registered on 23 Jun 2023.
Charges
A charge with Canara Bank of Rs. 6.25 Cr registered on 14 Sep 2021 with Charge ID 100496752 was modified on 12 Dec 2022.
Ceased
Parveen Kumar ceased to be Director.
7 earlier events are in the company report.
Frequently asked questions
Aashima Papers is an active private limited company based in Sunam, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U21099PB2020PTC051120.
Aashima Papers has 2 current directors:
- Arun Kumar Sharma - Director
- Anil Kumar - Director
The latest financial statements of Aashima Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Aashima Papers is 03AATCA5158R1ZX, registered in Punjab.
The CIN (Corporate Identification Number) of Aashima Papers is U21099PB2020PTC051120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aashima Papers has 7 court cases on record: 7 filed by the company. 6 are pending.
Aashima Papers was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aashima Papers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.49 Cr; the latest was in September 2021.
The peers of Aashima Papers by revenue are DH Printpack Private Limited, Bharadwaj Packaging Private Limited, Maa Kali Papers Limited, Ventura Packagers Pvt Ltd, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Parveen Kumar ceased to be Director on 01 Mar 2022. Kusum Lata ceased to be Director on 15 Jul 2021. Anil Kumar was appointed as Director on 10 Sep 2020. Aashima Papers has 6 board changes on record in total.
Yes, Aashima Papers is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0026340).
Aashima Papers has 3 MSME Form 1 returns on record between 2022 and 2023, listing 48 overdue payments to 9 micro and small suppliers. The latest return was filed on 30 Aug 2023.
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