About Latin Paper Industries LLP
Data last updated:
Latin Paper Industries LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the paper products segment of the manufacturing sector. It was incorporated on 08 October 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAE-8891. Its GSTIN is 24AAFFL9943E1Z8 (Gujarat).
The LLP has a total obligation of contribution of ₹5 Cr. It is led by designated partners Vasant Ganeshbhai Jivani and Baldev Mansukhbhai Jivani.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office is at 8 – A Kandla Highway Nr. Rebecca Laminates At. Vaghpar Taluka: Morbi, Gujarat, India – 363630.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹74.58 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹84.51 Lakh (net margin 1.1%) and EBITDA of ₹75.57 Cr (EBITDA margin 101.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The LLP has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹21.95 Cr on record. Court records list 7 cases involving the LLP, including 7 filed against it; 1 case is pending.
For more details, the LLP can be reached via its website latinpapers.com.
Company details
Contact details
Latin Paper Industries LLP's registered office is in Morbi, Gujarat. Its website is latinpapers.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address8 – A Kandla Highway Nr. Rebecca Laminates At. Vaghpar Taluka: Morbi, Gujarat, India – 363630
- IndustryManufacturing, Paper Products
To see the full contact details of Latin Paper Industries LLP, 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
Financials of Latin Paper Industries LLP
FY 2022 filings availableLatin Paper Industries LLP reported revenue of ₹74.58 Cr (up 33% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over three years, including 33% growth in the latest year. EBITDA rose 30% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
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| Total Income | ₹74.58 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹84.51 Lakh | ||||
| Profit Transferred to Partners | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 1.1% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Latin Paper Industries LLP, buy the company report.
Designated partners of Latin Paper Industries LLP
Latin Paper Industries has 2 current designated partners and 7 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Ganeshbhai Jivani | Designated Partner | 01 Apr 2022 | 4 Years 6 Months | Current |
| Baldev Mansukhbhai Jivani | Designated Partner | 01 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Latin Paper Industries LLP is audited by B B KALARIA AND COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B B KALARIA AND COMPANY | FY 2021 | 127220W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Mar 2016 | 100035560 | Saurashtra Gramin Bank | ₹21.95 Cr | Open |
To see the full charge records of Latin Paper Industries LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
Latin Paper Industries LLP has 7 court cases on record: 7 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, MORBI, Gujarat | Criminal miscellaneous application | Filed against the company by Saurashtra Gramin Bank Through Its Autho Officer Nirav V Raval | Disposed |
| District court, kachchh at Bhuj, Gujarat | Court case (CR EN) | Filed against the company by M/S Gujarat Logistics Through Deepakkumar Sukhram Thacker | Disposed |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by M/S Gujarat Logistics Through Deepakkumar Sukhram Thacker | Disposed |
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by M/S Gujarat Logistics Through Deepakkumar Sukhram Thacker | Disposed |
To see the full case history of Latin Paper Industries LLP, 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
Latin Paper Industries LLP was last rated by Crisil on 16 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Dec 2019 |
To see the full credit ratings and regulatory alerts of Latin Paper Industries LLP, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Latin Paper Industries LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Latin Paper Industries LLP has a workforce of 17 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Latin Paper Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFFL9943E1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Latin Paper Industries LLP, buy the company report.
Recent activity
Latin Paper Industries LLP has 6 designated partner changes on record since 2021: 4 appointments and 2 cessations. The latest: Baldev Mansukhbhai Jivani was appointed as Designated Partner on 01 Apr 2022.
Frequently asked questions
Latin Paper Industries is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in paper products, within the manufacturing industry. It was incorporated on 08 October 2015 (11+ years old) and is registered under LLPIN AAE-8891.
Latin Paper Industries has 2 current designated partners:
- Vasant Ganeshbhai Jivani - Designated Partner
- Baldev Mansukhbhai Jivani - Designated Partner
The latest financial statements of Latin Paper Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Latin Paper Industries is 24AAFFL9943E1Z8, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Latin Paper Industries is AAE-8891. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Latin Paper Industries has 7 court cases on record: 7 filed against it. 1 is pending.
Latin Paper Industries was incorporated on 08 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Baldev Mansukhbhai Jivani was appointed as Designated Partner on 01 Apr 2022. Nathalal Chhaganbhai Bavarva was appointed as Partner on 01 Apr 2022. Shardaben Nathalal Bavarva was appointed as Partner on 01 Apr 2022. Latin Paper Industries has 6 designated partner changes on record in total.
Latin Paper Industries can be reached through the website latinpapers.com. Its registered office is in Morbi, Gujarat, India.
The registered office of Latin Paper Industries is at 8 – A Kandla Highway Nr. Rebecca Laminates At. Vaghpar Taluka: Morbi, Gujarat, India – 363630.