Ina Paper Trade Private Limited
About Ina Paper Trade Private Limited
Data last updated:
Ina Paper Trade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 21 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21098MH2011PTC212630. Its GSTIN is 27AACCI5223L1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mayank Hasmukh Shah and Mayur Hasmukh Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Room No. 6 6/8 Murkute House Ground Floor Vijaywadi J.S.S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.68 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹53.95 Lakh (net margin -6.2%) and EBITDA of -₹53.05 Lakh (EBITDA margin -6.1%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 14 cases involving the company, including 3 filed by the company and 11 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ina Paper Trade Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRoom No. 6 6/8 Murkute House Ground Floor Vijaywadi J.S.S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Ina Paper Trade Private 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
Business activity
The main business activity of Ina Paper Trade is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ina Paper Trade Private Limited, buy the company report.
Financials of Ina Paper Trade Private Limited
FY 2019 filings availableIna Paper Trade Private Limited reported revenue of ₹8.68 Cr (down 63% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over three years, including a 63% fall in the latest year. EBITDA fell 160% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹53.05 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹53.95 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | ||||
| Net Profit Margin | -6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Ina Paper Trade Private Limited, buy the company report.
Board of directors of Ina Paper Trade Private Limited
Ina Paper Trade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Hasmukh Shah | Director | 01 May 2015 | 11 Years 6 Months | Current |
| Mayur Hasmukh Shah | Director | 21 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Ina Paper Trade Private Limited is audited by PARESH VORA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARESH VORA & ASSOCIATES | FY 2017 | 118090W |
Shareholding
The shareholding of Ina Paper Trade Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ina Paper Trade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Sep 2012 | 10379780 | Others | ₹50 Lakh | Open |
To see the full charge records of Ina Paper Trade Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ina Paper Trade Private Limited has 14 court cases on record: 3 filed by Ina Paper Trade, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 10 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Trueart Papers Pvt Ltd and Another Two in Appeal ------/2024, @ Ma 2086/2024, @ Ba 2416/2024 and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI BAIL APPLN) | Filed against the company by Trueart Papers Pvt Ltd and Another Two in Appeal ------/2024, @ Ma 2086/2024, @ Ma 2087/2024 and 2 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by India Infoline Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Trueart Papers Pvt Ltd and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed against the company by Deepak Trading Corporation and Another One in Appeal ------/2024, @ Ma 2090/2024, @ Ba 2418/2024 and 1 other | Disposed |
To see the full case history of Ina Paper Trade 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 Ina Paper Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ina Paper Trade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCI5223L1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ina Paper Trade Private Limited, buy the company report.
Recent activity
Ina Paper Trade Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Priti Mayur Shah ceased to be Director on 29 Sep 2018.
Frequently asked questions
Ina Paper Trade is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 21 January 2011 (15+ years old) and is registered under CIN U21098MH2011PTC212630.
Ina Paper Trade has 2 current directors:
- Mayank Hasmukh Shah - Director
- Mayur Hasmukh Shah - Director
The latest financial statements of Ina Paper Trade on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ina Paper Trade is 27AACCI5223L1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ina Paper Trade is U21098MH2011PTC212630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ina Paper Trade has 14 court cases on record: 3 filed by the company and 11 filed against it. Most are in the district courts.
Ina Paper Trade was incorporated on 21 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Priti Mayur Shah ceased to be Director on 29 Sep 2018. Reena Mayank Shah ceased to be Director on 29 Sep 2018. Mayank Hasmukh Shah was appointed as Director on 01 May 2015. Ina Paper Trade has 4 board changes on record in total.
The registered office of Ina Paper Trade is at Room No. 6 68 Murkute House Ground Floor Vijaywadi J.S.S. Road Chira Bazaar, Mumbai, Maharashtra, India – 400002.
Ina Paper Trade operates in the trading industry, in the other wholesale segment.
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