Balaram Papers Private Limited

Balaram Papers Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U21022GJ2015PTC084286 Incorporated 24 August 2015 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2023
₹6.1 Cr
▼ 76% YoY
Net loss · FY 2023
₹4.03 Cr
Net margin -66%
EBITDA · FY 2023
-₹2.62 Cr
EBITDA margin -43%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹4.04 Cr
Issued & subscribed
Open charges
₹19.06 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
4
Provident fund records

About Balaram Papers Private Limited

Data last updated:

Balaram Papers Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Astron Paper & Board Mill Limited. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 24 August 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21022GJ2015PTC084286. Its GSTIN is 24AAGCB4080N1ZI (Gujarat).

The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.04 Cr. It is led by directors including Karshanbhai Hirabhai Patel and Kiritbhai Ghanshyambhai Patel.

Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 702 Ganesh Meridian Opp. High Court S.G Highway Ahmedabad, 380060, Gujarat, India – 380060.

As per the financials filed for FY 2023, the company reported a revenue of ₹6.1 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹4.03 Cr (net margin -66%) and EBITDA of -₹2.62 Cr (EBITDA margin -43%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 19% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.06 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in July 2018. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,575 overdue payments to 63 micro and small suppliers.

Balaram Papers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0017552). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website astronpaper.com.

Company details

CIN U21022GJ2015PTC084286
Registration Number 084286
Incorporation Date 24 August 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Astron Paper & Board Mill Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-14-0017552
Key People
Karshanbhai Hirabhai Patel Director Kiritbhai Ghanshyambhai Patel Director Ramakant Kantibhai Patel Director

Recognitions & Rankings of Balaram Papers

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-GJ-14-0017552

Contact details

Balaram Papers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is astronpaper.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    astronpaper.com
  • Social Media
  • Registered Address
    D – 702 Ganesh Meridian Opp. High Court S.G Highway Ahmedabad, 380060, Gujarat, India – 380060
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Balaram Papers Private Limited, buy the company report.

Comprehensive company report
Balaram 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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Financials of Balaram Papers Private Limited

FY 2024 filings available

Balaram Papers Private Limited reported revenue of ₹6.1 Cr (down 76% YoY) for FY 2023.

Revenue · FY 2023
₹6.1 Cr ▼ 76%
Net loss · FY 2023
₹4.03 Cr margin -66%
EBITDA · FY 2023
-₹2.62 Cr margin -43%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 76%
3 years · compounded
▼ 36%
5 years · compounded
▼ 19%

Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 76% fall 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹6.1 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹2.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.03 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-43%
Net Profit Margin-66%
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 Balaram Papers Private Limited, buy the company report.

Board of directors of Balaram Papers Private Limited

Balaram Papers has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Karshanbhai Hirabhai Patel
Also directs: Pokar Agrotech Private Limited
Director05 Apr 20197 Years 6 MonthsCurrent
Kiritbhai Ghanshyambhai PatelDirector26 Jul 20188 Years 3 MonthsCurrent
Ramakant Kantibhai PatelDirector26 Jul 20188 Years 3 MonthsCurrent
View all directors

Auditor

Balaram Papers Private Limited is audited by SNDK & ASSOCIATES LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SNDK & ASSOCIATES LLPFY 2023W100060

Shareholding

The shareholding of Balaram Papers 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Balaram Papers Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹19.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 2022100552371Canara Bank₹3.99 CrOpen
14 Jul 2016100047193Canara Bank₹15.07 CrOpen

To see the full charge records of Balaram Papers Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Balaram Papers Private Limited has 1 deal on record (1 acquisition); the latest was in July 2018.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Jul 2018AcquisitionUndisclosedBuyer: Astron Paper & Board Mill Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Balaram Papers Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,575 overdue payments to 63 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 63)

SupplierAmount dueDue sinceReported on
Bhagyoday Transmission Company
Arun Industrial Products
an individual supplier
Krishna Paper Product - Halvad
an individual supplier

To see the full MSME payment records of Balaram Papers Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Balaram Papers Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1
Employee growth
-88.57%

GST

Balaram Papers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCB4080N1ZIGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Balaram Papers Private Limited, buy the company report.

Recent activity

Balaram Papers Private Limited has 15 board changes on record since 2018: 3 appointments and 12 cessations. The latest: Yogeshkumar Kantilal Patel ceased to be Director on 09 Aug 2022.

AGM
Balaram Papers Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Balaram Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Yogeshkumar Kantilal Patel ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 3.99 Cr with Charge ID 100552371 was registered on 24 Feb 2022.
Ceased
Rohitkumar Karsanbhai Patel ceased to be Additional Director.
Ceased
Kanubhai Bhikhabhai Patel ceased to be Director.
Charges
A charge with Canara Bank of Rs. 15.07 Cr registered on 14 Jul 2016 with Charge ID 100047193 was modified on 29 Jun 2020.
Ceased
Karshanbhai Hirabhai Patel ceased to be Additional Director.
Ceased
Sanjiv Shantiprakash Srivastava ceased to be Director.
Ceased
Hiteshkumar Devichand Sharma ceased to be Director.
Ceased
Jayendrakumar Sanjivkumar Trivedi ceased to be Director.
Ceased
Piyushkumar Bhavanishankar Trivedi ceased to be Director.

9 earlier events are in the company report.

Frequently asked questions

Balaram Papers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 24 August 2015 (11+ years old) and is registered under CIN U21022GJ2015PTC084286.

Balaram Papers has 3 current directors:

The latest financial statements of Balaram Papers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Balaram Papers is 24AAGCB4080N1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Balaram Papers is U21022GJ2015PTC084286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Balaram Papers has 6 court cases on record: 6 filed against it. 1 is pending.

Balaram Papers was incorporated on 24 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Balaram Papers has 1 deal on record (1 acquisition); the latest was in July 2018.

Yogeshkumar Kantilal Patel ceased to be Director on 09 Aug 2022. Rohitkumar Karsanbhai Patel ceased to be Additional Director on 28 Sep 2021. Kanubhai Bhikhabhai Patel ceased to be Director on 05 Sep 2021. Balaram Papers has 15 board changes on record in total.

Yes, Balaram Papers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-14-0017552).

Balaram Papers has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,575 overdue payments to 63 micro and small suppliers. The latest return was filed on 29 Aug 2023.