MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0005393
Akshat Papers Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹153.87 Cr
▲ 17% YoY
Net profit · FY 2025
₹1.89 Cr
Net margin 1.2%
EBITDA · FY 2025
₹9.37 Cr
EBITDA margin 6.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹69.47 Cr
Satisfied ₹46.1 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
6
Provident fund records
About Akshat Papers Limited
Data last updated:
Akshat Papers Limited is a public limited company based in Surat, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 23 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21010GJ1996PLC028906. Its GSTIN is 24AABCA9747L1ZC (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors including Akshat Singal Suresh (Managing Director) and Arnav Suresh Singal.
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 Block No. 232 Village : Tarsadi Tal : Mahuva Bardoli Road, Surat, Gujarat, India – 394250.
As per the financials filed for FY 2025, the company reported a revenue of ₹153.87 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 1.2%) and EBITDA of ₹9.37 Cr (EBITDA margin 6.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Akshat Papers Limited. As per MCA filings, the company has open charges of ₹69.47 Cr and satisfied charges of ₹46.1 Cr on record. Court records list 21 cases involving the company, including 7 filed by the company and 14 filed against it; 1 case is pending.
Akshat Papers Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0005393). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akshatpapers.com.
Company details
CIN U21010GJ1996PLC028906
Registration Number 028906
Incorporation Date 23 February 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0005393
Key People
Akshat Singal Suresh Managing Director Arnav Suresh Singal Director Rajgiri Narsinhgiri Gauswami Director Recognitions & Rankings of Akshat Papers
Contact details
Akshat Papers Limited's registered office is in Surat, Gujarat. Its website is akshatpapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock No. 232 Village : Tarsadi Tal : Mahuva Bardoli Road, Surat, Gujarat, India – 394250
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Akshat Papers Limited, buy the company report.
Comprehensive company report
Akshat Papers 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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Brands
Akshat Papers operates one associated brand: Akshat Papers Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kraft and board paper manufacturing for textiles, packaging, e-commerce, FMCG, and pharmaceuticals industries. | akshatpapers.com |
Financials of Akshat Papers Limited
FY 2025 filings availableAkshat Papers Limited reported revenue of ₹153.87 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹153.87 Cr ▲ 17%
Net profit · FY 2025
₹1.89 Cr margin 1.2%
EBITDA · FY 2025
₹9.37 Cr margin 6.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 13%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 17% growth in the latest year. EBITDA rose 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹153.87 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.89 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.1% | ||||
| Net Profit Margin | 1.2% | ||||
| 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 Akshat Papers Limited, buy the company report.
Board of directors of Akshat Papers Limited
Akshat Papers has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arnav Suresh Singal Also directs: Yazaa Tex Private Limited, Yazaa Fabrics Private Limited, Yazaa Paper Mills Private Limited and 3 more | Director | 15 Jul 2013 | 13 Years 3 Months | Current |
| Rajgiri Narsinhgiri Gauswami | Director | 23 May 2020 | 6 Years 5 Months | Current |
| Akshat Singal Suresh Also directs: Yazaa Tex Private Limited, Yazaa Fabrics Private Limited, Yazaa Paper Mills Private Limited and 3 more | Managing Director | 01 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Akshat Papers Limited is audited by KBD & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KBD & CO. | FY 2025 | 107453W |
Shareholding
The shareholding of Akshat Papers Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akshat Papers Limited, buy the company report.
Charges & borrowings
Open charges
₹69.47 Cr
Satisfied charges
₹46.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2022 | 100582796 | Others | ₹15.4 Lakh | Open | |
| 19 Apr 2022 | 100563155 | Others | ₹15.4 Lakh | Open | |
| 26 Mar 1998 | 90312688 | Bank of India | ₹69.16 Cr | Open | |
| 05 May 2012 | 10355469 | Bank of India | ₹28.55 Cr | Satisfied | |
| 02 Sep 1998 | 90312700 | Industrial Development Bank of India | ₹2.2 Cr | Satisfied |
To see the full charge records of Akshat Papers Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Akshat Papers Limited has 21 court cases on record: 7 filed by Akshat Papers, 14 filed against it. 1 case is pending and 20 are disposed.
Total cases
21
Filed by the company
7
Filed against the company
14
Pending
1
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 11 | 0 |
| High courts | 7 | 2 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Synergy Multichem Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M//. Everest Starch (India) Pvt. Ltd Through Its Auth Perosn Mr. Amit Bhatia | Disposed |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed against the company by The State of Gujarat State of Gujarat Commercial Tax Commissioner Commercial Tax Commissioner Vechan Vera Bhavan, Ashram Road , District: Ahmedabad ,Ahmedabad , Gujarat and 52 others | Pending |
| High Court of Gujarat | Court case (AO) | Filed by the company against M/S. Sushil Transport Through Its Partner Harenbhai Trikamdas Davda | Disposed |
| High Court of Gujarat | Court case (AO) | Filed by the company against M/S Harsidhi Fertilizers and Chemicals | Disposed |
To see the full case history of Akshat Papers 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
No delayed payments to MSME suppliers are on our record for Akshat Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Akshat Papers Limited has a workforce of 6 employees on its EPFO records as of Nov 29, 2025, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
GST
Akshat Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9747L1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akshat Papers Limited, buy the company report.
Recent activity
Akshat Papers Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Rajgiri Narsinhgiri Gauswami ceased to be Additional Director on 29 Nov 2021.
AGM
Akshat Papers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Akshat Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India of Rs. 69.16 Cr registered on 26 Mar 1998 with Charge ID 90312688 was modified on 07 Oct 2024.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100582796 was registered on 06 Jun 2022.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100563155 was registered on 19 Apr 2022.
Ceased
Rajgiri Narsinhgiri Gauswami ceased to be Additional Director.
Ceased
Akshat Singal Suresh ceased to be Director.
Appointed
Rajgiri Narsinhgiri Gauswami was appointed as Director.
Ceased
Suresh Chajuram Singal ceased to be Director.
Charges
A charge registered on 05 May 2012 via Charge ID 10355469 with Bank Of India was fully satisfied on 02 Jan 2020.
Charges
A charge registered on 21 May 1998 via Charge ID 90312690 with Bank Of India was fully satisfied on 27 Nov 2018.
Charges
A charge registered on 27 Mar 1998 via Charge ID 90315988 with Bank Of India was fully satisfied on 27 Nov 2018.
23 earlier events are in the company report.
Frequently asked questions
Akshat Papers is an active public limited company based in Surat, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 23 February 1996 (30+ years old) and is registered under CIN U21010GJ1996PLC028906.
Akshat Papers has 3 current directors:
- Akshat Singal Suresh - Managing Director
- Arnav Suresh Singal - Director
- Rajgiri Narsinhgiri Gauswami - Director
The latest financial statements of Akshat 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 2015 are in the company report.
The GSTIN of Akshat Papers is 24AABCA9747L1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Akshat Papers is U21010GJ1996PLC028906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akshat Papers has 21 court cases on record: 7 filed by the company and 14 filed against it. 1 is pending. Most are in the district courts.
Akshat Papers was incorporated on 23 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajgiri Narsinhgiri Gauswami ceased to be Additional Director on 29 Nov 2021. Akshat Singal Suresh ceased to be Director on 13 Mar 2021. Rajgiri Narsinhgiri Gauswami was appointed as Director on 23 May 2020. Akshat Papers has 9 board changes on record in total.
Yes, Akshat Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0005393).
Akshat Papers can be reached through the website akshatpapers.com. Its registered office is in Surat, Gujarat, India.
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