Kingston Paptech Private Limited
About Kingston Paptech Private Limited
Data last updated:
Kingston Paptech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company 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 operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 11 December 2008.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2008PTC055648. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Vinod Tarachand Agrawal (Irp/Rp/Liquidator) and Kalpesh Dineshbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at A/904 9th Floor Solitare Corporate Park Nr. Ymca Club S. G. Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.83 Cr, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹14.36 Cr and EBITDA of -₹11.87 Cr (EBITDA margin -419.4%).
As per MCA filings, the company has open charges of ₹30.86 Cr on record. Court records list 28 cases involving the company, including 4 filed by the company and 24 filed against it; 5 cases are pending.
Company details
Contact details
Kingston Paptech Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA/904 9th Floor Solitare Corporate Park Nr. Ymca Club S. G. Highway, Ahmedabad, Gujarat, India – 380054
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Kingston Paptech 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 Kingston Paptech 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 Kingston Paptech Private Limited, buy the company report.
Financials of Kingston Paptech Private Limited
FY 2016 filings availableKingston Paptech Private Limited reported revenue of ₹2.83 Cr (down 95% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year. EBITDA fell 711% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.83 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹11.87 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹14.36 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -419.4% | |
| Net Profit Margin | ||
| 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 Kingston Paptech Private Limited, buy the company report.
Board of directors of Kingston Paptech Private Limited
Kingston Paptech has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Tarachand Agrawal | Irp/Rp/Liquidator | 21 Sep 2024 | 2 Years 1 Months | As last reported |
| Kalpesh Dineshbhai Patel | Director | 01 Jul 2009 | 17 Years 3 Months | As last reported |
| Amrutbhai Kanjibhai Patel | Additional Director | 18 Jan 2019 | 7 Years 9 Months | As last reported |
Peer comparison
Kingston Paptech Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| THP Packaging Private Limited | ₹2.85 Cr (FY 2024) | 54.0% | Secunderabad, Telangana, India | |||
| Kingston Paptech Private Limitedthis company | ₹2.83 Cr (FY 2016) | -₹14.36 Cr | -95.0% | Ahmedabad, Gujarat, India | ||
| Dico Carbon & Ribbon Manufacturing Co Pvt Ltd | ₹2.82 Cr (FY 2023) | 61.0% | Kolkata, West Bengal, India | |||
| Brijwasi Containers Private Limited | ₹2.79 Cr (FY 2025) | -19.0% | Mathura, Uttar Pradesh, India |
To see the full peer comparison of Kingston Paptech Private Limited, buy the company report.
Auditor
Kingston Paptech Private Limited is audited by K SOLANKI & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SOLANKI & CO | FY 2016 | 114694W |
Shareholding
The shareholding of Kingston Paptech Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Kingston Paptech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2014 | 10532555 | Capri Global Capital Limited | ₹33.92 Lakh | Open | |
| 31 Oct 2014 | 10532545 | Capri Global Capital Limited | ₹33.92 Lakh | Open | |
| 20 Feb 2010 | 10212531 | State Bank of India | ₹30.18 Cr | Open |
To see the full charge records of Kingston Paptech Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Kingston Paptech Private Limited has 28 court cases on record: 4 filed by Kingston Paptech, 24 filed against it. 5 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 2 |
| NCLT | 4 | 3 | 1 |
| NCLAT | 3 | 0 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Rajradhe Finance Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed against the company by Savino Papers LLP | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Rajradhe Finance Limited | Disposed |
| District court, Sangrur, Punjab | Execution petition | Filed against the company by Balaji Chem Solutions Private Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Santosh Starch Products Ltd. | Disposed |
To see the full case history of Kingston Paptech 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
Kingston Paptech Private Limited was last rated by Crisil on 27 Jun 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 27 Jun 2016 |
To see the full credit ratings and regulatory alerts of Kingston Paptech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kingston Paptech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kingston Paptech has 1 associated company. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
Employees & EPFO
Kingston Paptech Private Limited has 1 active EPFO establishment as of Apr 01, 2024.
GST
Kingston Paptech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kingston Paptech Private Limited, buy the company report.
Recent activity
Kingston Paptech Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 21 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Kingston Paptech 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 company 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.
Kingston Paptech is a company under insolvency, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 11 December 2008 and is registered under CIN U21000GJ2008PTC055648. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Kingston Paptech has 3 current directors:
- Kalpesh Dineshbhai Patel - Director
- Amrutbhai Kanjibhai Patel - Additional Director
- Vinod Tarachand Agrawal - Irp/Rp/Liquidator
The latest financial statements of Kingston Paptech on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Kingston Paptech is U21000GJ2008PTC055648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kingston Paptech has open charges of ₹30.86 Cr and no satisfied charges on record as per latest MCA filings.
Kingston Paptech has 28 court cases on record: 4 filed by the company and 24 filed against it. 5 are pending. Most are in the district courts.
Kingston Paptech was incorporated on 11 December 2008. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Kingston Paptech by revenue are THP Packaging Private Limited, Dico Carbon & Ribbon Manufacturing Co Pvt Ltd, Brijwasi Containers 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).
Vinod Tarachand Agrawal was appointed as Irp/Rp/Liquidator on 21 Sep 2024. Dineshbhai Joitaram Patel ceased to be Additional Director on 19 Jan 2019. Amrutbhai Kanjibhai Patel was appointed as Additional Director on 18 Jan 2019. Kingston Paptech has 9 board changes on record in total.
The registered office of Kingston Paptech is at A904 9th Floor Solitare Corporate Park Nr. Ymca Club S. G. Highway, Ahmedabad, Gujarat, India – 380054.