Devashray Papers (India) Llp

Devashray Papers (India) Llp - manufacturing in Kheda, Gujarat, India. FY 2026 financials and compliance.
LLPIN AAN-3319 Incorporated 24 September 2018 ROC Ahmedabad HQ Kheda, Gujarat, India
Under Insolvency Limited Liability Partnership manufacturing
Data last updated
Revenue · FY 2024
₹105.43 Cr
▲ 27780444.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Contribution obligation
₹55 Cr
As per LLP agreement
Paid-up contribution
-
Contribution received
Open charges
₹193.69 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Last financials
Mar 2024
Balance sheet date

About Devashray Papers (India) Llp

Data last updated: 13 December 2025

Devashray Papers (India) Llp is a limited liability partnership company based in Kheda, Gujarat, India. The LLP 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 specialises in paper and packaging products, a part of the broader manufacturing sector. Incorporated on 24 September 2018, the LLP has been in operation for over 8 years.

Registered with ROC Ahmedabad under LLPIN AAN-3319.

Capital: a total obligation of contribution of ₹55 Cr. It is led by designated partners Naranbhai Devjibhai Desai and Kumudben Naranbhai Desai.

Accounts filed on 31 March 2024. Office: Kheda, Gujarat.

As per the financials filed for FY 2024, the LLP reported a revenue of ₹105.43 Cr, reflecting significant growth compared to the previous year.

As per MCA filings, the LLP has open charges of ₹193.69 Cr on record.

The LLP is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the LLP may not be able to independently enter into new commitments.

Company Details of Devashray Papers (India) Llp
LLPIN AAN-3319
Incorporation Date 24 September 2018
Total Obligation of Contribution ₹55 Cr
ROC Ahmedabad
Company Status Under CIRP
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
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  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Survey No 1106 Makva Vijaypura, Nr Express Highway Vill Makva Taluka Mehemdabad, Kheda, Gujarat, India – 387411
  • Industry
    Manufacturing, Paper & Packaging Products
Company report
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Financials, compliance, directors, charges, ownership and filings for Devashray Papers (India) Llp in one report.

10-year financials Directors & ownership Charges & compliance

Designated Partners of Devashray Papers (India) Llp

Devashray Papers (India) Llp is currently managed by 2 designated partners, with 6 former designated partners having served the organization. The current Designated Partners play a crucial role in shaping the company's strategic direction and governance.

Designated Partners (as last reported)
Name Designation Appointment Date Tenure Status
Naranbhai Devjibhai Desai Designated Partner 24 Sep 2018 7 Years 10 Months As last reported
Kumudben Naranbhai Desai Designated Partner 21 Aug 2019 6 Years 11 Months As last reported

Financials of Devashray Papers (India) Llp FY 2024 filings available

Devashray Papers (India) Llp reported revenue of ₹105.43 Cr (up 27780444.00% YoY) for FY 2024.

Revenue · FY 2024
₹105.43 Cr ▲ 27780444.00%
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Ownership and Shareholding of Devashray Papers (India) Llp

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Charges & Borrowings of Devashray Papers (India) Llp

Open charges
₹193.69 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Pnb Investment Services Limited₹190.00 Cr
Bank of India₹3.32 Cr
Karnataka Bank Ltd.₹0.37 Cr
Latest charge details
DateLenderAmountStatus
23 Aug 2024 Bank of India ₹3.32 Cr Open
30 Nov 2023 Karnataka Bank Ltd. ₹37.3 Lakh Open
15 Dec 2022 Pnb Investment Services Limited ₹190 Cr Open

Total charge records: 3 View all charges

Employees and EPFO Compliance at Devashray Papers (India) Llp

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GST Compliance of Devashray Papers (India) Llp

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Subsidiaries & Group Companies of Devashray Papers (India) Llp

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Recent Activity on Devashray Papers (India) Llp

Activity
31 Mar 2025
Devashray Papers (India) Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Charges
23 Aug 2024
A charge with Bank Of India amounted to Rs. 3.32 Cr with Charge ID 100998199 was registered on 23 Aug 2024.
Activity
31 Mar 2024
Devashray Papers (India) Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
30 Nov 2023
A charge with Karnataka Bank Ltd. amounted to Rs. 0.37 Cr with Charge ID 100913609 was registered on 30 Nov 2023.
Charges
15 Dec 2022
A charge with Pnb Investment Services Limited amounted to Rs. 190.00 Cr with Charge ID 100653053 was registered on 15 Dec 2022.
Directors
21 Aug 2019
Kumudben Naranbhai Desai was appointed as a Designated Partner on 21 Aug 2019 & has been associated with this company since 6 years 11 months.

Frequently Asked Questions about Devashray Papers (India) Llp

Devashray Papers (India) Llp 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 LLP 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.

Devashray Papers (India) Llp is a company under insolvency, formerly operating as a limited liability partnership in the manufacturing sector based in Kheda, Gujarat, India. It was incorporated on 24 September 2018 and is registered under LLPIN AAN-3319. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.

Devashray Papers (India) Llp reported revenue of ₹105.43 Cr for FY 2024 (up 27780444.00% YoY).

The current designated partners of Devashray Papers (India) Llp are:

The LLPIN (Limited Liability Partnership Identification Number) of Devashray Papers (India) Llp is AAN-3319. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Devashray Papers (India) Llp has open charges of ₹193.69 Cr and no satisfied charges on record as per latest MCA filings.

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