About Lemit Papers LLP
Data last updated:
Lemit Papers LLP is a limited liability partnership (LLP) based in Maliya Miyana, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 17 February 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAV-9350. Its GSTIN is 24AAJFL3046J1ZB (Gujarat).
The LLP has a total obligation of contribution of ₹50 Cr. It is led by designated partners including Rajeshkumar Gandalal Patel and Dipam Kanubhai Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Maliya Miyana, Gujarat.
As per the financials filed for FY 2025, the LLP reported a revenue of ₹202.69 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹45.63 Cr (net margin -22.5%) and EBITDA of -₹49.16 Cr (EBITDA margin -24.3%).
The LLP has about 20 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Lemit Papers. As per MCA filings, the LLP has open charges of ₹189.49 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.
For more details, the LLP can be reached via its website lemitpapers.com.
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- Website
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- Registered AddressSurvey No. 1274P1 1275 & 1619 Ahmedabad Maliya Highway Near Aniyari Chokdi At: Khakhr, Echi, Maliya Miyana, Gujarat, India – 363630
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
- One PDF report, delivered after checkout
Financials of Lemit Papers LLP FY 2025 filings available
Lemit Papers LLP reported revenue of ₹202.69 Cr (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lemit Papers LLP
Revenue fell 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Lemit Papers LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹45.63 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Lemit Papers LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -22.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Lemit Papers are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Lemit Papers LLP
Lemit Papers has 4 current designated partners and 9 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Gandalal Patel | Designated Partner | 24 Oct 2024 | 1 Years 11 Months | Current |
| Dipam Kanubhai Patel | Designated Partner | 01 Aug 2024 | 2 Years 2 Months | Current |
| Dignesh Pramukhlal Patel | Designated Partner | 01 Aug 2024 | 2 Years 2 Months | Current |
| Darshankumar Naranbhai Patel | Designated Partner | 01 Aug 2024 | 2 Years 2 Months | Current |
Ownership and Shareholding of Lemit Papers LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lemit Papers LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jul 2026 | Kotak Mahindra Bank Limited | ₹6.97 Cr | Open |
| 12 Mar 2025 | Kotak Mahindra Bank Limited | ₹80 Cr | Open |
| 30 Sep 2021 | State Bank of India | ₹102.52 Cr | Open |
Total charge records: 3 View all charges
Legal Cases of Lemit Papers LLP
Lemit Papers LLP has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Lemit Papers LLP
Lemit Papers operates one associated brand: Lemit Papers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of duplex boards with a focus on sustainability in India. | lemitpapers.com |
Employees and EPFO Compliance at Lemit Papers LLP
Lemit Papers LLP has a workforce of 20 employees as of Sep 24, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lemit Papers LLP
Credit Ratings, Litigation & Regulatory Alerts for Lemit Papers LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lemit Papers LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lemit Papers LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lemit Papers LLP
Lemit Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJFL3046J1ZB | Gujarat | Active | 03 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lemit Papers LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lemit Papers LLP
Lemit Papers is an active limited liability partnership based in Maliya Miyana, Gujarat, India. The LLP works in paper, within the packaging industry. It was incorporated on 17 February 2021 (5+ years old) and is registered under LLPIN AAV-9350.
Lemit Papers reported revenue of ₹202.69 Cr for FY 2025 (down 25% YoY).
Lemit Papers has 4 current designated partners:
- Rajeshkumar Gandalal Patel - Designated Partner
- Dipam Kanubhai Patel - Designated Partner
- Dignesh Pramukhlal Patel - Designated Partner
- Darshankumar Naranbhai Patel - Designated Partner
Lemit Papers reported a net loss of ₹45.63 Cr (net margin -22.5%) and EBITDA of -₹49.16 Cr (EBITDA margin -24.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Lemit Papers is 24AAJFL3046J1ZB, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Lemit Papers is AAV-9350. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Lemit Papers has 1 court case on record: 1 filed against it.
Lemit Papers was incorporated on 17 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lemit Papers can be reached through the website lemitpapers.com. Its registered office is in Maliya Miyana, Gujarat, India.