MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0002560
Devkinandan Paper Mills Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.97 Cr
▼ 66% YoY
Net loss · FY 2023
₹1.9 Cr
Net margin -9.5%
EBITDA · FY 2023
-₹76.64 Lakh
EBITDA margin -3.8%
Authorised capital
₹12 Cr
Registered with MCA
Paid-up capital
₹1.49 Cr
Issued & subscribed
Open charges
₹26.62 Cr
Satisfied ₹26.95 Cr
Company age
25 yrs
Est. 2001
Directors on board
4
As per MCA filings
About Devkinandan Paper Mills Private Limited
Data last updated:
Devkinandan Paper Mills Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 07 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21019GJ2001PTC040250. Its GSTIN is 24AABCD4419J1ZU (Gujarat).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Vivek Rasiklal Gothi and Rasiklal Valjibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nr Hariom Way Bridgeopp Machhu Dem Lilapur, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.97 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.9 Cr (net margin -9.5%) and EBITDA of -₹76.64 Lakh (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹26.62 Cr and satisfied charges of ₹26.95 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
Devkinandan Paper Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0002560). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devkinandanpaper.com.
Company details
CIN U21019GJ2001PTC040250
Registration Number 040250
Incorporation Date 07 December 2001
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-32-0002560
Key People
Vivek Rasiklal Gothi Director Rasiklal Valjibhai Patel Director Jashwant Valjibhai Patel Director Recognitions & Rankings of Devkinandan Paper Mills
Contact details
Devkinandan Paper Mills Private Limited's registered office is in Morbi, Gujarat. Its website is devkinandanpaper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNr Hariom Way Bridgeopp Machhu Dem Lilapur, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Devkinandan Paper Mills Private Limited, buy the company report.
Comprehensive company report
Devkinandan Paper Mills 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 Devkinandan Paper Mills Private Limited
FY 2024 filings availableDevkinandan Paper Mills Private Limited reported revenue of ₹19.97 Cr (down 66% YoY) for FY 2023.
Revenue · FY 2023
₹19.97 Cr ▼ 66%
Net loss · FY 2023
₹1.9 Cr margin -9.5%
EBITDA · FY 2023
-₹76.64 Lakh margin -3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 7%
5 years · compounded
▼ 9%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 66% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹19.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹76.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.9 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -9.5% | ||||
| 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 Devkinandan Paper Mills Private Limited, buy the company report.
Board of directors of Devkinandan Paper Mills Private Limited
Devkinandan Paper Mills has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Rasiklal Gothi | Director | 30 Sep 2010 | 16 Years 1 Months | Current |
| Rasiklal Valjibhai Patel Also directs: Gyanmata Trading Private Limited | Director | 01 Mar 2002 | 24 Years 8 Months | Current |
| Jashwant Valjibhai Patel Also directs: Gyanmata Trading Private Limited, Aastha Spintex Limited | Director | 07 Dec 2001 | 24 Years 11 Months | Current |
| Divyang Jashwant Patel | Director | 30 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Devkinandan Paper Mills Private Limited is audited by S N SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N SHAH & ASSOCIATES | FY 2023 | 109782W |
Shareholding
The shareholding of Devkinandan Paper Mills Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devkinandan Paper Mills Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.62 Cr
Satisfied charges
₹26.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2024 | 101012006 | Others | ₹6 Cr | Open | |
| 03 Sep 2024 | 101012004 | Others | ₹6 Cr | Open | |
| 29 Jul 2020 | 100358246 | Others | ₹1.27 Cr | Open | |
| 23 Mar 2016 | 100017401 | Others | ₹13.36 Cr | Open | |
| 23 Apr 2012 | 10352075 | Bank of Baroda | ₹7.58 Cr | Satisfied |
To see the full charge records of Devkinandan Paper Mills Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Devkinandan Paper Mills Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed against the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Petition | Filed against the company by S. L. Industries | Pending |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Devkinandan Paper 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
No delayed payments to MSME suppliers are on our record for Devkinandan Paper Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Devkinandan Paper Mills has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCD4419J1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Devkinandan Paper Mills Private Limited, buy the company report.
Recent activity
Devkinandan Paper Mills Private Limited has 10 board changes on record since 2001: 4 appointments and 6 cessations. The latest: Jayntilal Kavadiya ceased to be Director on 01 Jan 2014.
AGM
Devkinandan Paper Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101012006 was registered on 03 Sep 2024.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101012004 was registered on 03 Sep 2024.
Filing
Devkinandan Paper Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 13.36 Cr registered on 23 Mar 2016 with Charge ID 100017401 was modified on 02 Dec 2020.
Charges
A charge with Others of Rs. 1.27 Cr registered on 29 Jul 2020 with Charge ID 100358246 was modified on 30 Jul 2020.
Charges
A charge with Others amounted to Rs. 1.27 Cr with Charge ID 100358246 was registered on 29 Jul 2020.
Charges
A charge registered on 23 Apr 2012 via Charge ID 10352075 with Bank Of Baroda was fully satisfied on 04 Apr 2016.
Charges
A charge with Others amounted to Rs. 13.36 Cr with Charge ID 100017401 was registered on 23 Mar 2016.
Charges
A charge registered on 16 Sep 2002 via Charge ID 80059900 with State Bank Of Saurashtra was fully satisfied on 08 Dec 2014.
Charges
A charge registered on 16 Sep 2002 via Charge ID 90111641 with State Bank Of Saurashtra was fully satisfied on 08 Dec 2014.
Ceased
Jayntilal Kavadiya ceased to be Director.
29 earlier events are in the company report.
Frequently asked questions
Devkinandan Paper Mills is an active private limited company based in Morbi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 07 December 2001 (25+ years old) and is registered under CIN U21019GJ2001PTC040250.
Devkinandan Paper Mills has 4 current directors:
- Vivek Rasiklal Gothi - Director
- Rasiklal Valjibhai Patel - Director
- Jashwant Valjibhai Patel - Director
- Divyang Jashwant Patel - Director
The latest financial statements of Devkinandan Paper Mills on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Devkinandan Paper Mills is 24AABCD4419J1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Devkinandan Paper Mills is U21019GJ2001PTC040250. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devkinandan Paper Mills has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.
Devkinandan Paper Mills was incorporated on 07 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jayntilal Kavadiya ceased to be Director on 01 Jan 2014. Rajnikant Shyamlal Patel ceased to be Director on 01 Jan 2014. Divyang Jashwant Patel was appointed as Director on 30 Sep 2010. Devkinandan Paper Mills has 10 board changes on record in total.
Yes, Devkinandan Paper Mills is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0002560).
Devkinandan Paper Mills can be reached through the website devkinandanpaper.com. Its registered office is in Morbi, Gujarat, India.
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