About Sukraft
Sukraft is an Environment company based in Thane (India) founded in 2010 by Bhavik Patel. Paper recycling services are provided by Sukraft in India. Sukraft has raised $3.46 million across 4 funding rounds from investors including Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel and Nilesh Kumar Tolia And Sons. The company has 195 employees. Sukraft was last valued at $17.24 million in March 2011. Sukraft offers products and services including Kraft Paper. Its focus areas include Waste & Water Management. Its competitors include Coalsale and Jodhani Papers.
Company details
Sukraft was founded in 2010 by Bhavik Patel and is headquartered in Thane, India. Operations are centered in the recycling sector, where paper waste is collected, processed, and recycled to support environmental sustainability. Services are extended across India, focusing on efficient paper recovery and reuse in industrial applications. The companys online presence is maintained through the domain sukraft.com.
- Headquarters Thane, India
- Employees 195
- Founders Bhavik Patel
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website sukraft.com
- Social LinkedIn X Facebook
- Annual Revenue$28.24 M (USD)-7as on Mar 31, 2024
- Net Profit$601.64 K (USD)37as on Mar 31, 2024
- EBITDA$2.61 M (USD)28as on Mar 31, 2024
- Total Equity Funding$3.46M (USD)
in 4 rounds
- InvestorsIdeal Management Consultants
& 29 more
- Employee Count195
Associated legal entities of Sukraft
Sukraft is associated with 5 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Swastik Petroleum Llp CIN AAV-8125 | Under Process Of Striking Off | 09 Feb 2021 | Nashik, Maharashtra | 2 | View details | ||
| Sunshine Pap-Tech Private Limited CIN U21093MH2007PTC331318 | Active | 07 Sep 2007 | Mumbai, Maharashtra | ₹240 Cr | 159 | 2 | View details |
| Sukraft Recycling Private Limited CIN U51109GA2010PTC013248 | Active | 08 Dec 2010 | Sattari, Goa | ₹262 Cr | 201 | 4 | View details |
| Sukraft Paper Mills Private Limited CIN U21020CT2011PTC022390 | Active | 25 Mar 2011 | Raipur, Chhattisgarh | ₹34.6 Cr | 43 | 4 | View details |
| Sukraft Papers Private Limited CIN U21090MH2008PTC425993 | Active | 29 Jan 2008 | Sinnar, Maharashtra | ₹112 Cr | 80 | 3 | View details |
Products & Services of Sukraft
Sukraft offers a comprehensive portfolio of products and services, including Kraft Paper.
Eco-friendly paper made from recycled fibers for packaging needs.
Funding Insights of Sukraft
Sukraft has successfully raised a total of $3.46M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.46M
- Total Rounds 4
- First Round $3.46M
(Mar 2011)
- Investors Count 30
All 4 funding rounds of Sukraft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2025 | Angel Round | – | – | – | |
| Apr 2020 | Angel Round | – | Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel | – | |
| Jun 2019 | Unspecified | – | Nilesh Kumar Tolia And Sons | ||
| Mar 2011 | $3.46M | Seed | $17.24M | Yaalini Developers |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2011 | $17.24M | •••••••• |
Last known valuation $17.24M (Mar 2011). 30 investors in total: 12 institutional and 18 angel.
Investors in Sukraft
Sukraft has secured backing from 30 investors, including angel and institutional investors. Prominent investors backing the company include Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel and Nilesh Kumar Tolia And Sons.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of financial services | ||||
Diversified real estate development services are provided in Mumbai. | Mumbai, India | |||
Provider of general building contracting services | Kolkata, India | |||
Offers advisory, valuations, and consulting services to businesses worldwide. | 2011 | idealmc.com | Dubai, United Arab Emirates | |
Investor details for Sukraft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Sukraft
The boards of the 5 registered companies of Sukraft currently have 11 directors; the longest-serving is Anil Patel, appointed in 2008. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anil Patel DIN 01301177 | Director | 05 Sep 2008 | 18 yrs 2 mo | Sunshine Pap-Tech Private Limited |
| Deepak Patel DIN 03476672 | Director | 08 Aug 2014 | 12 yrs 3 mo | Sukraft Paper Mills Private Limited |
| Kirtik Patel DIN 07473660 | Director | 17 Mar 2016 | 10 yrs 7 mo | Sukraft Paper Mills Private Limited |
| Jayesh Mansukhlal Patel DIN 03434926 | Director | 04 Nov 2016 | 10 yrs | Sukraft Recycling Private Limited, Sunshine Pap-Tech Private Limited |
| Manoj Jethalal Patel DIN 03297649 | Director | 04 Nov 2016 | 10 yrs | Sukraft Recycling Private Limited, Sukraft Papers Private Limited |
| Tulshidas Shamji Patel DIN 06689235 | Director | 25 Apr 2017 | 9 yrs 6 mo | Sukraft Recycling Private Limited |
| Ketan Bharatkumar Patel DIN 07734090 | Director | 25 Apr 2017 | 9 yrs 6 mo | Sukraft Recycling Private Limited |
| Sunil Patel DIN 01634490 | Director | 01 Sep 2017 | 9 yrs 2 mo | Sukraft Paper Mills Private Limited, Sukraft Papers Private Limited |
| Sheetal Ben Vivek Kumar Patel DIN 09060748 | Designated Partner | 09 Feb 2021 | 5 yrs 8 mo | Swastik Petroleum Llp |
| Pooja Patel DIN 09060749 | Designated Partner | 09 Feb 2021 | 5 yrs 8 mo | Swastik Petroleum Llp |
| Karsanbhai Patel Somjibhai DIN 01268396 | Director | 04 May 2023 | 3 yrs 6 mo | Sukraft Paper Mills Private Limited, Sukraft Papers Private Limited |
People of Sukraft
2 people are tracked at Sukraft (2 in leadership); the tracked headcount is 195.
| Name | Role | Group |
|---|---|---|
Bhavik Patel | Founder | Leadership |
Vinod Patel | CEO | Leadership |
Complete people profiles for Sukraft
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- Professional contacts
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Financials of Sukraft
Figures of Sukraft Paper Mills Private Limited, the primary company behind Sukraft, for FY 2025. Revenue was ₹34.63 Cr (+3% year on year). Net profit was ₹20 Lakh (1% margin). EBITDA was ₹95 Lakh (3% margin). Revenue has grown at a compounded annual rate of -11% over three years and +8% over five years.
- ₹34.63 CrRevenue · FY 2025 · +3% YoY
- ₹20 LakhNet profit · 1% margin
- ₹95 LakhEBITDA · 3% margin
- ₹4.6 LakhPaid-up capital
- 43Employees (provident fund records)
- -11%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sukraft Paper Mills Private Limited are on its company page.
Detailed financial statements for Sukraft
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Sukraft
4 dated milestones of Sukraft across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Sukraft is founded.
- Funding First funding round of $3.5M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round,.
Competitors of Sukraft
Sukraft has 2 listed competitors in our database. They include Coalsale and Jodhani Papers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coalsale.co.in | 1970 | Kolkata, India | 109 | Provides coal logistics, procurement, and supply chain services across India efficiently. | ||
| jodhanipapers.com | 1972 | Bengaluru, India | Manufactures recycled Kraft paper for bags, wrapping, corrugation, and industrial uses. |
Detailed competitors of Sukraft
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Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as Sukraft (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Related news about Sukraft
Complete news archive for Sukraft
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Frequently Asked Questions about Sukraft
Sukraft was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Sukraft is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Sukraft is a funded company, having raised a total of $3.46M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.46M, raised on Mar 2011.
Sukraft has 195 employees.
Annual revenue of Sukraft is $28.24M as on Mar 31, 2024.
Sukraft was founded in 2010 by Bhavik Patel and is headquartered in Thane, India. Operations are centered in the recycling sector, where paper waste is collected, processed, and recycled to support environmental sustainability. Services are extended across India, focusing on efficient paper recovery and reuse in industrial applications. The companys online presence is maintained through the domain sukraft.com.
Sukraft's top competitors include Coalsale and Jodhani Papers.
Sukraft offers Kraft Paper.
Sukraft has 30 investors. Key investors include Rakesh Shankarlal Kedia, Karsanbhai Somjibhai Patel, Nilesh Kumar Tolia And Sons, Deepak Kumar Barmeda, and Neeta Tolia.
The valuation of Sukraft is $17.24M as of Mar 2011.
Sukraft is associated with 5 legal entities: Swastik Petroleum Llp, Sukraft Paper Mills Private Limited, Sukraft Recycling Private Limited and others.
The legal entities of Sukraft currently have 11 directors, including Sheetal Ben Vivek Kumar Patel, Pooja Patel, Karsanbhai Patel Somjibhai and others.