
Ality Paper Industries Private Limited
About Ality Paper Industries Private Limited
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Ality Paper Industries Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 11 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U21000PN2021PTC203373.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Saurabh Vijay Dugad and Dhanraj Chhaganlal Shah.
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 Sn – 28/1B Tiny Industrial Estate Kondhwa Bk, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.11 Cr (net margin 25.8%) and EBITDA of ₹2.83 Cr (EBITDA margin 34.5%). Revenue has grown at a compounded annual rate (CAGR) of 281% over three years.
As per MCA filings, the company has open charges of ₹1.34 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
Company details
Contact details
Ality Paper Industries Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressSn – 28/1B Tiny Industrial Estate Kondhwa Bk, Pune, Maharashtra, India – 411048
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
- 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
Business activity
The main business activity of Ality Paper Industries 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 Ality Paper Industries Private Limited, buy the company report.
Financials of Ality Paper Industries Private Limited
FY 2025 filings availableAlity Paper Industries Private Limited reported revenue of ₹8.2 Cr (up 523% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 281% over three years, including 523% growth in the latest year. EBITDA rose 573% 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 |
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| EBITDA | ₹2.83 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.11 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 34.5% | |||
| Net Profit Margin | 25.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Ality Paper Industries Private Limited, buy the company report.
Board of directors of Ality Paper Industries Private Limited
Ality Paper Industries has 7 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Vijay Dugad Also directs: Stash Pro Cartel LLP | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Dhanraj Chhaganlal Shah | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Yash Pankaj Shah Also directs: Stash Pro Cartel LLP | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Mrunal Shah | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Sohel Shah Also directs: Ality Agro Products Private Limited, Vendo Systems Private Limited, Kohinoor Pondliner Private Limited and 3 more | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Anjana Dhanraj Shah | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2025 | 101184389 | Others | ₹84 Lakh | Open | |
| 23 Feb 2022 | 100546337 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ality Paper Industries Private Limited has 4 court cases on record: 4 filed by Ality Paper Industries. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (SCR.A) | Filed by the company against State of Gujarat | Pending |
| Supreme Court | Court case (Special Leave Petition (Criminal)) | Filed by the company against The State of Gujarat | Disposed |
To see the full case history of Ality Paper Industries 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
No delayed payments to MSME suppliers are on our record for Ality Paper Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ality Paper Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ality Paper Industries Private Limited has 14 board changes on record since 2021: 7 appointments and 7 cessations. The latest: Anjana Dhanraj Shah ceased to be Additional Director on 29 Sep 2025.
7 earlier events are in the company report.
Frequently asked questions
Ality Paper Industries is an active private limited company based in Pune, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 11 August 2021 (5+ years old) and is registered under CIN U21000PN2021PTC203373.
Ality Paper Industries has 7 current directors:
- Saurabh Vijay Dugad - Director
- Dhanraj Chhaganlal Shah - Director
- Yash Pankaj Shah - Director
- Mrunal Shah - Director
- Sohel Shah - Director
- Anjana Dhanraj Shah - Director
- Sannil Prakash Mehta - Director
The latest financial statements of Ality Paper Industries 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Ality Paper Industries is U21000PN2021PTC203373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ality Paper Industries has 4 court cases on record: 4 filed by the company. 3 are pending. Most are in the high courts.
Ality Paper Industries was incorporated on 11 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
Anjana Dhanraj Shah ceased to be Additional Director on 29 Sep 2025. Sannil Prakash Mehta ceased to be Additional Director on 29 Sep 2025. Saurabh Vijay Dugad ceased to be Additional Director on 29 Sep 2025. Ality Paper Industries has 14 board changes on record in total.
The registered office of Ality Paper Industries is at Sn – 281B Tiny Industrial Estate Kondhwa Bk, Pune, Maharashtra, India – 411048.
Ality Paper Industries operates in the packaging industry, in the laminated and corrugated packaging segment.
Ality Paper Industries has open charges of ₹1.34 Cr and no satisfied charges on record as per latest MCA filings.

