About Bazargaon Paper and Pulp Mills Private Limited
Data last updated:
Bazargaon Paper and Pulp Mills Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 22 November 1983.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH1983PTC031398. Its GSTIN is 27AAACB5341G1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Ritesh Jaiprakash Agarwal and Jaiprakash Narsingdas Agarwal.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹18,470, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹89.31 Lakh and EBITDA of -₹28.21 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 96% over three years and 87% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹58.31 Cr on record. Court records list 41 cases involving the company, including 21 filed by the company and 20 filed against it; 9 cases are pending.
The last known website on record is bazargaon.en.ec21.com.
Company details
Contact details
Bazargaon Paper and Pulp Mills Private Limited's registered office is in Mumbai, Maharashtra. Its website is bazargaon.en.ec21.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 404 Twin Towers Chs Ltd 2nd Cross Lane Andheri (W) Lokhandwala Complex Nr. And, Heri (W), Mumbai, Maharashtra, India – 400053
- IndustryManufacturing, Paper & Packaging Products
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- 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
Financials of Bazargaon Paper and Pulp Mills Private Limited
FY 2024 filings availableBazargaon Paper and Pulp Mills Private Limited reported revenue of ₹18,470 (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over five years, including a 99% fall in the latest year. EBITDA rose 64% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹28.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹89.31 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Bazargaon Paper and Pulp Mills Private Limited, buy the company report.
Board of directors of Bazargaon Paper and Pulp Mills Private Limited
Bazargaon Paper and Pulp Mills has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Jaiprakash Agarwal | Director | 16 Mar 2022 | 4 Years 7 Months | As last reported |
| Jaiprakash Narsingdas Agarwal Also directs: Anchor Paper Mills Limited, Decor Paper Mills Limited, Kolar Paper Mills Limited and 1 more | Director | 22 Nov 1983 | 42 Years 11 Months | As last reported |
Auditor
Bazargaon Paper and Pulp Mills Private Limited is audited by Rohan Agrawal & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rohan Agrawal & Co | FY 2022 | 137136W |
Shareholding
The shareholding of Bazargaon Paper and Pulp Mills Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bazargaon Paper and Pulp Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 May 1981 | 90232424 | State Bank of India | ₹75 Lakh | Open | |
| 29 Oct 2014 | 10571566 | Arvind Sahkari Bank Limited | ₹50 Lakh | Satisfied | |
| 14 Sep 2010 | 10239404 | Kotak Mahindra Bank Limited | ₹6.01 Lakh | Satisfied | |
| 31 Oct 2007 | 10074618 | State Bank of India | ₹8.84 Cr | Satisfied | |
| 12 Sep 2007 | 10069244 | State Bank of India | ₹12.49 Cr | Satisfied |
To see the full charge records of Bazargaon Paper and Pulp Mills Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Bazargaon Paper and Pulp Mills Private Limited has 41 court cases on record: 21 filed by Bazargaon Paper and Pulp Mills, 20 filed against it. 9 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 9 | 9 |
| High courts | 7 | 4 | 0 |
| NCLAT | 6 | 5 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Superior Box Pvt. Ltd. THR. Ravikant Sharma Supriya Sharma Director Kisan Sharma Director, | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Shubhashree Packers Pvt.Ltd | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Blue Ocean Biotech Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Ltd. THR. Chief Engineer and 1 other | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd | Disposed |
To see the full case history of Bazargaon Paper and Pulp Mills 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
Bazargaon Paper and Pulp Mills Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lathia Rubber Manufacfacturing Co Private Limited | |||
| Goel Dyechem Private Limited. | |||
| an individual supplier | |||
| Triveni Chem Trade |
To see the full MSME payment records of Bazargaon Paper and Pulp Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Bazargaon Paper and Pulp Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB5341G1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bazargaon Paper and Pulp Mills Private Limited, buy the company report.
Recent activity
Bazargaon Paper and Pulp Mills Private Limited has 8 board changes on record since 1983: 2 appointments and 6 cessations. The latest: Ritesh Jaiprakash Agarwal ceased to be Additional Director on 30 Sep 2022.
41 earlier events are in the company report.
Frequently asked questions
Bazargaon Paper and Pulp Mills is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Bazargaon Paper and Pulp Mills is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 22 November 1983 and is registered under CIN U21010MH1983PTC031398. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Bazargaon Paper and Pulp Mills has 2 current directors:
- Ritesh Jaiprakash Agarwal - Director
- Jaiprakash Narsingdas Agarwal - Director
The latest financial statements of Bazargaon Paper and Pulp Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bazargaon Paper and Pulp Mills is U21010MH1983PTC031398. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bazargaon Paper and Pulp Mills has open charges of ₹75 Lakh and satisfied charges of ₹58.31 Cr as per latest MCA filings.
Bazargaon Paper and Pulp Mills has 41 court cases on record: 21 filed by the company and 20 filed against it. 9 are pending. Most are in the district courts.
Bazargaon Paper and Pulp Mills was incorporated on 22 November 1983. It is registered with the Registrar of Companies, Mumbai.
Ritesh Jaiprakash Agarwal ceased to be Additional Director on 30 Sep 2022. Bharati Ritesh Agarwal ceased to be Director on 16 Mar 2022. Esha Shelly Agrawal ceased to be Director on 16 Mar 2022. Bazargaon Paper and Pulp Mills has 8 board changes on record in total.
Bazargaon Paper and Pulp Mills has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 40 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Oct 2019.
Bazargaon Paper and Pulp Mills can be reached through the website bazargaon.en.ec21.com. Its registered office is in Mumbai, Maharashtra, India.
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