About Daman Ganga Papers Limited
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Daman Ganga Papers Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paper segment of the packaging sector. It was incorporated on 06 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH1995PLC094242. Its GSTIN is 24AAACD2024J1Z6 (Gujarat).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹21 Cr. It is led by directors including Tushar Manilal Shah (Managing Director) and Yash Kamal 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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.54 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹29.33 Lakh (net margin -343.6%) and EBITDA of -₹27.26 Lakh (EBITDA margin -319.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹556.54 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 2 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in September 2014. Its 4 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 2 smaller; the largest is M A P Pack Private Limited with revenue of ₹9.13 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website damanganga.com.
Company details
CIN history
Daman Ganga Papers has one previous CIN (Corporate Identification Number): L21010MH1995PLC094242. The current CIN is U21010MH1995PLC094242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21010MH1995PLC094242 | Current |
| L21010MH1995PLC094242 | Previous |
Contact details
Daman Ganga Papers Limited's registered office is in Mumbai, Maharashtra. Its website is damanganga.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address31 Ala Moana 13th Road, Behind Khar Telephone Exchange Khar West, Mumbai, Maharashtra, India – 400052
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Daman Ganga Papers Limited, buy the company report.
- 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 Daman Ganga Papers Limited
FY 2025 filings availableDaman Ganga Papers Limited reported revenue of ₹8.54 Lakh (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 31% 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 |
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| Total Expenses | |||||
| EBITDA | -₹27.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.33 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -319.3% | ||||
| Net Profit Margin | -343.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Daman Ganga Papers Limited, buy the company report.
Board of directors of Daman Ganga Papers Limited
Daman Ganga Papers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Kamal Shah Also directs: Seven Green Solar Solutions LLP | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
| Tushar Manilal Shah | Managing Director | 26 Sep 2006 | 20 Years 1 Months | Current |
| Chandresh Meghji Maru Also directs: Chemo Trix (India) Pvt Ltd. | Director | 05 Sep 2017 | 9 Years 2 Months | Current |
| Hitesh Ramji Shah Also directs: Daman Ganga Holdings Private Limited | Director | 26 Sep 2006 | 20 Years 1 Months | Current |
| Nidhi Anilkumar Agarwal | Director | 30 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Daman Ganga Papers Limited is compared with the 4 companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| M A P Pack Private Limited | ₹9.13 Lakh (FY 2025) | -55.0% | Delhi, India | |||
| Grand Paper & Boards Private Limited | ₹8.71 Lakh (FY 2025) | 74981.0% | Chennai, Tamil Nadu, India | |||
| Daman Ganga Papers Limitedthis company | ₹8.54 Lakh (FY 2025) | -₹29.33 Lakh | -343.6% | 1.0% | 1 | Mumbai, Maharashtra, India |
| Aniruth Paper Products Private Limited | ₹8.23 Lakh (FY 2024) | 4.0% | Dindigul, Tamil Nadu, India | |||
| Ujjwal Paper Products Private Limited | ₹8.1 Lakh (FY 2025) | -13.0% | Patna, Bihar, India |
To see the full peer comparison of Daman Ganga Papers Limited, buy the company report.
Shareholding
The shareholding of Daman Ganga 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 Daman Ganga Papers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2005 | 80014736 | Dena Bank | ₹1.8 Cr | Satisfied | |
| 01 May 2002 | 80032020 | Punjab National Bank | ₹3.25 Cr | Satisfied | |
| 23 Mar 1999 | 80032021 | Dena Bank | ₹62.5 Lakh | Satisfied | |
| 23 Mar 1999 | 90149735 | G. I. I. C. Ltd | ₹2.48 Cr | Satisfied | |
| 23 Feb 1998 | 90150524 | Dena Bank | ₹12.41 Cr | Satisfied |
To see the full charge records of Daman Ganga Papers Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Daman Ganga Papers Limited has 4 deals on record (4 secondary share transfers); the latest was in September 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Daman Ganga Papers Limited has 14 court cases on record: 9 filed by Daman Ganga Papers, 5 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 1 | 2 |
| District courts | 5 | 4 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Appeal | Filed against the company by Gujarat Industrial Investment Corporation Ltd | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Pratishthan Alloys Pvt Ltd | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Industrial Investment Corporation Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The Gujarat Industrial Development Corporation | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against The Gujarat Industrial Development Corporation Through Its Vice Chairman and Managing Director | Disposed |
To see the full case history of Daman Ganga 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 Daman Ganga Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Daman Ganga Papers has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Daman Ganga Holdings Private Limited | U65990MH1994PTC080763 |
To see the full group structure of Daman Ganga Papers Limited, buy the company report.
Employees & EPFO
Daman Ganga Papers Limited has a workforce of 1 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Daman Ganga Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACD2024J1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Daman Ganga Papers Limited, buy the company report.
Recent activity
Daman Ganga Papers Limited has 9 board changes on record since 2006: 5 appointments and 4 cessations. The latest: Nidhi Anilkumar Agarwal was appointed as Director on 30 Sep 2021.
20 earlier events are in the company report.
Frequently asked questions
Daman Ganga Papers is an active public limited company based in Mumbai, Maharashtra, India. The company works in paper, within the packaging industry. It was incorporated on 06 November 1995 (31+ years old) and is registered under CIN U21010MH1995PLC094242.
Daman Ganga Papers has 5 current directors:
- Tushar Manilal Shah - Managing Director
- Yash Kamal Shah - Director
- Chandresh Meghji Maru - Director
- Hitesh Ramji Shah - Director
- Nidhi Anilkumar Agarwal - Director
The latest financial statements of Daman Ganga 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 Daman Ganga Papers is 24AAACD2024J1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Daman Ganga Papers is U21010MH1995PLC094242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Daman Ganga Papers has 14 court cases on record: 9 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Daman Ganga Papers was incorporated on 06 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Daman Ganga Papers has 4 deals on record (4 secondary share transfers); the latest was in September 2014.
The peers of Daman Ganga Papers by revenue are M A P Pack Private Limited, Grand Paper & Boards Private Limited, Aniruth Paper Products Private Limited, Ujjwal Paper Products Private Limited, all in the Packaging industry (Paper Laminated and Corrugated Packaging), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Nidhi Anilkumar Agarwal was appointed as Director on 30 Sep 2021. Yash Kamal Shah was appointed as Director on 30 Sep 2021. Nawal Kishor Modi ceased to be Director on 25 Oct 2019. Daman Ganga Papers has 9 board changes on record in total.
Daman Ganga Papers can be reached through the website damanganga.com. Its registered office is in Mumbai, Maharashtra, India.
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