MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0008675
Indian Pulp & Paper Private Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹58.79 Cr
▼ 7% YoY
Net loss · FY 2021
₹13.81 Cr
Net margin -23.5%
EBITDA · FY 2021
-₹2.85 Cr
EBITDA margin -4.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.32 Cr
Issued & subscribed
Open charges
₹273.31 Cr
Satisfied ₹89.04 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
141
Provident fund records
About Indian Pulp & Paper Private Limited
Data last updated:
Indian Pulp & Paper Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U21093WB2004PTC098305. Its GSTIN is 19AACCB3814A1Z8 (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.32 Cr. It was formerly known as Balaji Kagaz Pvt Ltd. It is led by directors including Tilak Raj and Sanjay Kumar Khemka.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2021, the company reported a revenue of ₹58.79 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹13.81 Cr (net margin -23.5%) and EBITDA of -₹2.85 Cr (EBITDA margin -4.9%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
The company has about 141 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹273.31 Cr and satisfied charges of ₹89.04 Cr on record. Court records list 19 cases involving the company, including 7 filed by the company and 12 filed against it; 8 cases are pending. The company has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.57 Cr; the latest was in March 2018. Its 6 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 3 larger and 3 smaller; the largest is Galaxy Papers Private Limited with revenue of ₹59.79 Cr.
Indian Pulp & Paper Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0008675). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indianpulp.com.
Company details
CIN U21093WB2004PTC098305
Registration Number 098305
Incorporation Date 12 April 2004
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0008675
Recognitions & Rankings of Indian Pulp & Paper
Contact details
Indian Pulp & Paper Private Limited's registered office is in Kolkata, West Bengal. Its website is indianpulp.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAnand Lok Building, 227 Ajc Bose Road 2nd Floor, Kolkata, West Bengal, India – 700020
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Indian Pulp & Paper Private Limited, buy the company report.
Comprehensive company report
Indian Pulp & Paper 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Indian Pulp & Paper is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Indian Pulp & Paper Private Limited, buy the company report.
Financials of Indian Pulp & Paper Private Limited
FY 2021 filings availableIndian Pulp & Paper Private Limited reported revenue of ₹58.79 Cr (down 7% YoY) for FY 2021.
Revenue · FY 2021
₹58.79 Cr ▼ 7%
Net loss · FY 2021
₹13.81 Cr margin -23.5%
EBITDA · FY 2021
-₹2.85 Cr margin -4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 17%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 181%
3 years · compounded
▼ 30%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 7% fall in the latest year. EBITDA fell 181% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹58.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.81 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.9% | ||||
| Net Profit Margin | -23.5% | ||||
| 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 Indian Pulp & Paper Private Limited, buy the company report.
Board of directors of Indian Pulp & Paper Private Limited
Indian Pulp & Paper has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tilak Raj Also directs: Pinax Paper Mills Private Limited, Balaji Paper & Newsprint Private Limited, Pinax Paper Industries Private Limited and 5 more | Director | 02 Jan 2025 | 1 Years 9 Months | Current |
| Sanjay Kumar Khemka Also directs: Pinax Paper Mills Private Limited, Zen Finlease Private Limited, Zirkon Riceland and Foods Products Private Limited and 5 more | Director | 02 Jan 2025 | 1 Years 9 Months | Current |
| Kumar Manglam Also directs: Pinax Paper Mills Private Limited, Pinax Paper Industries Private Limited, Pinax Infraprojects Private Limited and 5 more | Director | 02 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Indian Pulp & Paper Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Paper), 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 |
|---|---|---|---|---|---|---|
| Galaxy Papers Private Limited | ₹59.79 Cr (FY 2025) | 33.0% | Uttar Pradesh, India | |||
| Sherry Speciality Papers Private Limited. | ₹59.42 Cr (FY 2025) | 2.0% | Palghar, Maharashtra, India | |||
| Hardoli Paper Mills Limited | ₹59.01 Cr (FY 2024) | -44.0% | Nagpur, Maharashtra, India | |||
| Indian Pulp & Paper Private Limitedthis company | ₹58.79 Cr (FY 2021) | -₹13.81 Cr | -23.5% | -7.0% | 141 | Kolkata, West Bengal, India |
| Saradhambika Paper and Board Mills Private Limited | ₹58.69 Cr (FY 2025) | 21.0% | Gobichettipalayam, Tamil Nadu, India | |||
| Naachiar Paper Boards Private Limited | ₹58.16 Cr (FY 2016) | -18.0% | Coimbatore, Tamil Nadu, India | |||
| Unicrate Packaging Private Limited | ₹58.13 Cr (FY 2025) | 16.0% | Medchal, Telangana, India |
To see the full peer comparison of Indian Pulp & Paper Private Limited, buy the company report.
Auditor
Indian Pulp & Paper Private Limited is audited by V S R P & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S R P & CO | FY 2021 | 017571S |
Shareholding
The shareholding of Indian Pulp & Paper Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indian Pulp & Paper Private Limited, buy the company report.
Charges & borrowings
Open charges
₹273.31 Cr
Satisfied charges
₹89.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2012 | 10352182 | Punjab National Bank | ₹46.16 Cr | Open | |
| 06 Mar 2010 | 10209680 | Punjab National Bank | ₹66.3 Cr | Open | |
| 26 Dec 2009 | 10195679 | Punjab National Bank | ₹67.1 Cr | Open | |
| 24 Dec 2009 | 10322830 | Oriental Bank of Commerce | ₹21.86 Cr | Open | |
| 12 Aug 2009 | 10171392 | State Bank of India | ₹21.09 Cr | Open |
To see the full charge records of Indian Pulp & Paper Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Indian Pulp & Paper Private Limited has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.57 Cr; the latest was in March 2018.
Total deals
9
Secondary share transfers
7
Funding round
1
Rights issue
1
Disclosed funding
₹10.57 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Mukta Vanijya Private Limited |
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Mukta Vanijya Private Limited |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kirti Marketing Pvt Ltd, Mukta Vanijya Private Limited |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Rajshree Vinimay Private Limited , Ganark Commerce Pvt. Ltd. , Mahadeo Suppliers Pvt Ltd Seller: Paramsukh Merchandise Pvt Ltd , Sharddha Jyoti Vanijya P. Ltd, Felicity Finance & Leasing Pvt.Ltd. |
| Mar 2009 | Funding round | ₹10.57 Cr | Investors: Plus Jet Finvest Pvt. Ltd. , Pearl Vinimay Pvt Ltd , Aruna Traders Pvt Ltd |
To see the full deal history of Indian Pulp & Paper Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indian Pulp & Paper Private Limited has 19 court cases on record: 7 filed by Indian Pulp & Paper, 12 filed against it. 8 cases are pending and 11 are disposed.
Total cases
19
Filed by the company
7
Filed against the company
12
Pending
8
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 6 |
| High courts | 5 | 0 | 2 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Wires and Fabriks S A Ltd | Pending |
| NCLT, Kolkata | Insolvency matter | Filed against the company by West Bengal State Electricity Distribution Company Limited and 1 other | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kingfisher Complex Pvt Ltd | Disposed |
| District court, Sonepat, Haryana | Commercial suit | Filed against the company by Jasch Industries Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Punjab National Bank | Pending |
To see the full case history of Indian Pulp & Paper 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.
Credit ratings & regulatory alerts
Indian Pulp & Paper Private Limited was last rated by Icra on 30 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jun 2022 |
To see the full credit ratings and regulatory alerts of Indian Pulp & Paper Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Indian Pulp & Paper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indian Pulp & Paper Private Limited has a workforce of 141 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
141
Active EPFO establishments
1
Employee growth
-4.73%
GST
Indian Pulp & Paper has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCB3814A1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indian Pulp & Paper Private Limited, buy the company report.
Recent activity
Indian Pulp & Paper Private Limited has 13 board changes on record since 2006: 5 appointments and 8 cessations. The latest: Avishek Gupta ceased to be Irp/Rp/Liquidator on 23 Jan 2025.
Charges
A charge registered on 19 Feb 2014 via Charge ID 10486820 with Punjab National Bank was fully satisfied on 28 Jan 2025.
Ceased
Avishek Gupta ceased to be Irp/Rp/Liquidator.
Appointed
Kumar Manglam was appointed as Director.
Appointed
Sanjay Kumar Khemka was appointed as Director.
Ceased
Sanjeev Kumar Agarwal ceased to be Director.
Ceased
Shaily Agarwal ceased to be Director.
Appointed
Tilak Raj was appointed as Director.
Ceased
Manish Agarwal ceased to be Director.
AGM
Indian Pulp & Paper Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Indian Pulp & Paper Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Kolkata I.
Ceased
Lal Mohan Agarwal ceased to be Director.
Ceased
Rajeev Agrawal ceased to be Director.
20 earlier events are in the company report.
Frequently asked questions
Indian Pulp & Paper is an active private limited company based in Kolkata, West Bengal, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U21093WB2004PTC098305.
Indian Pulp & Paper has 3 current directors:
- Tilak Raj - Director
- Sanjay Kumar Khemka - Director
- Kumar Manglam - Director
The latest financial statements of Indian Pulp & Paper on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Pulp & Paper is 19AACCB3814A1Z8, registered in West Bengal.
The CIN (Corporate Identification Number) of Indian Pulp & Paper is U21093WB2004PTC098305. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Pulp & Paper has 19 court cases on record: 7 filed by the company and 12 filed against it. 8 are pending. Most are in the district courts.
Indian Pulp & Paper was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Indian Pulp & Paper has 9 deals on record (7 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹10.57 Cr; the latest was in March 2018.
The peers of Indian Pulp & Paper by revenue are Galaxy Papers Private Limited, Sherry Speciality Papers Private Limited, Hardoli Paper Mills Limited, Saradhambika Paper and Board Mills Private Limited, Naachiar Paper Boards Private Limited and 1 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Avishek Gupta ceased to be Irp/Rp/Liquidator on 23 Jan 2025. Kumar Manglam was appointed as Director on 02 Jan 2025. Sanjay Kumar Khemka was appointed as Director on 02 Jan 2025. Indian Pulp & Paper has 13 board changes on record in total.
Yes, Indian Pulp & Paper is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0008675).