Kolar Paper Mills Limited
About Kolar Paper Mills Limited
Data last updated:
Kolar Paper Mills Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 06 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21098MH2010PLC198581. Its GSTIN is 36AABCD5078M1ZA (Telangana). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30.5 Cr and a paid-up capital of ₹30.34 Cr. It was formerly known as Kolar Paper Mills Private Limited. It is led by directors including Jaiprakash Narsingdas Agarwal (Managing Director) and Shelly Jaiprakash Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹238.89 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹18.04 Cr (net margin 7.6%) and EBITDA of ₹30.15 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company has about 162 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹14 Cr and satisfied charges of ₹118.49 Cr on record. Court records list 16 cases involving the company, including 14 filed by the company and 2 filed against it; 6 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹26.78 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kolar Paper Mills has one previous CIN (Corporate Identification Number): U21098MH2010PTC198581. The current CIN is U21098MH2010PLC198581, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21098MH2010PLC198581 | Current |
| U21098MH2010PTC198581 | Previous |
Contact details
Kolar Paper Mills Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address212 Floor – 2 Plot – 43 11 Marine Chamber Vitthaldas, Thackarsey Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Kolar Paper Mills 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 Kolar Paper Mills is manufacturing. In detail, this covers manufacture of paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 17 | Manufacture of paper and paper products |
To see the full business activity and turnover split of Kolar Paper Mills Limited, buy the company report.
Financials of Kolar Paper Mills Limited
FY 2024 filings availableKolar Paper Mills Limited reported revenue of ₹238.89 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 7% growth in the latest year. EBITDA rose 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.15 Cr | ||||
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| Net Profit (PAT) | ₹18.04 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 7.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kolar Paper Mills Limited, buy the company report.
Board of directors of Kolar Paper Mills Limited
Kolar Paper Mills has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaiprakash Narsingdas Agarwal | Managing Director | 14 Aug 2012 | 14 Years 2 Months | Current |
| Shelly Jaiprakash Agarwal Also directs: Decor Paper Mills Limited | Director | 06 Jan 2010 | 16 Years 10 Months | Current |
| Esha Shelly Agrawal Also directs: Decor Paper Mills Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Bharati Ritesh Agarwal Also directs: Decor Paper Mills Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
| Ritesh Jaiprakash Agarwal Also directs: Decor Paper Mills Limited, Decor Chemicals Private Limited | Director | 06 Jan 2010 | 16 Years 10 Months | Current |
| Neha Ashish Agarwal Also directs: Decor Paper Mills Limited | Director | 09 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Kolar Paper Mills Limited is audited by Gautam N Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gautam N Associates | FY 2022 | 103117W |
Shareholding
The shareholding of Kolar Paper Mills Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kolar Paper Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2018 | 100183196 | Others | ₹14 Cr | Satisfied | |
| 22 Jan 2015 | 10549491 | Srei Equipment Finance Limited | ₹6.32 Lakh | Satisfied | |
| 03 Mar 2014 | 10486853 | Srei Equipment Finance Limited | ₹12.64 Lakh | Satisfied | |
| 31 Jan 2014 | 10478750 | Srei Equipment Finance Limited | ₹7.99 Lakh | Satisfied | |
| 14 Nov 2013 | 10470396 | State Bank of Patiala | ₹11.25 Cr | Satisfied |
To see the full charge records of Kolar Paper Mills Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Kolar Paper Mills Limited has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹26.78 Cr; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Surajbhan Agarwal HUF, 2 individuals |
| Mar 2015 | Rights issue | ₹10.47 Cr | Investors: Fairlink Projects Advisory Private Limited , Surajbhan Agarwal HUF, 2 individuals |
| Feb 2012 | Funding round | ₹3.78 Cr | Investors: Rising Fashion Traders Private Limited , Simplex Housing Development Private Limited , Fort Financial Consultants Private Limited |
| Jun 2011 | Funding round | ₹3.5 Cr | Investors: Dhanrashi Dealer Private Limited , Radhika Investment Consultants Private Limited , Blumoon Dealers Private Limited |
To see the full deal history of Kolar Paper Mills 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
Kolar Paper Mills Limited has 16 court cases on record: 14 filed by Kolar Paper Mills, 2 filed against it. 6 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 5 |
| High courts | 4 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed by the company against Swati Packaging Private Limited | Pending |
| District court, Chittoor, Andhra Pradesh | Criminal case | Filed by the company against Sreenidhi Raja Packing Solutions Private Limited | Pending |
| District court, Chittoor, Andhra Pradesh | Criminal complaint | Filed by the company against M/S Harshitha Cartons Pvt Limited Rep. by Its Managing Partner Mr.Ravi Gurrala and 1 other | Pending |
| District court, Chittoor, Andhra Pradesh | Criminal complaint | Filed by the company against M/S Unisys Communications Pvt Ltd and 1 other | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Southern Power Distribution Company of Andhra Pradesh Limited, and 2 others | Disposed |
To see the full case history of Kolar Paper Mills 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
Kolar Paper Mills Limited was last rated by Icra on 27 Jun 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 27 Jun 2019 |
To see the full credit ratings and regulatory alerts of Kolar Paper Mills Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kolar Paper Mills Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kolar Paper Mills Limited has a workforce of 162 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Kolar Paper Mills has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCD5078M1ZA | Telangana | Active | 01 Jul 2017 |
| 37AADCK8381N1ZT | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kolar Paper Mills Limited, buy the company report.
Recent activity
Kolar Paper Mills Limited has 16 board changes on record since 2010: 12 appointments and 4 cessations. The latest: Tushar Santosh Goenka was appointed as Director on 30 Mar 2024.
24 earlier events are in the company report.
Frequently asked questions
Kolar Paper Mills is an active public limited company based in Mumbai, Maharashtra, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 06 January 2010 (16+ years old) and is registered under CIN U21098MH2010PLC198581.
Kolar Paper Mills has 8 current directors:
- Jaiprakash Narsingdas Agarwal - Managing Director
- Shelly Jaiprakash Agarwal - Director
- Esha Shelly Agrawal - Director
- Bharati Ritesh Agarwal - Director
- Ritesh Jaiprakash Agarwal - Director
- Neha Ashish Agarwal - Director
- Vinita Agarwal - Director
- Tushar Santosh Goenka - Director
The latest financial statements of Kolar 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 Kolar Paper Mills is 36AABCD5078M1ZA, registered in Telangana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 37AADCK8381N1ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of Kolar Paper Mills is U21098MH2010PLC198581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kolar Paper Mills has 16 court cases on record: 14 filed by the company and 2 filed against it. 6 are pending. Most are in the district courts.
Kolar Paper Mills was incorporated on 06 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Kolar Paper Mills has 11 deals on record (6 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹26.78 Cr; the latest was in March 2023.
Tushar Santosh Goenka was appointed as Director on 30 Mar 2024. Vinita Agarwal was appointed as Director on 30 Mar 2024. Ashish Surajbhan Agarwal ceased to be Director on 17 Aug 2021. Kolar Paper Mills has 16 board changes on record in total.
The registered office of Kolar Paper Mills is at 212 Floor – 2 Plot – 43 11 Marine Chamber Vitthaldas, Thackarsey Marg New Marine Lines Churchgate, Mumbai, Maharashtra, India – 400020.
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