Maxwealth Papers Private Limited
About Maxwealth Papers Private Limited
Data last updated:
Maxwealth Papers 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 11 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2010PTC150411. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Amar Nath Deb and Ashish Nandan.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 2 Sitaram Ghosh Street, Kolkata, West Bengal, India – 700009.
As per the financials filed for FY 2017, the company reported a revenue of ₹76.85 Lakh, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹59.8 Lakh (net margin -77.8%) and EBITDA of -₹59.74 Lakh (EBITDA margin -77.7%).
As per MCA filings, the company has open charges of ₹5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Maxwealth Papers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Sitaram Ghosh Street, Kolkata, West Bengal, India – 700009
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Maxwealth Papers 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 Maxwealth Papers 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 Maxwealth Papers Private Limited, buy the company report.
Financials of Maxwealth Papers Private Limited
FY 2017 filings availableMaxwealth Papers Private Limited reported revenue of ₹76.85 Lakh (down 84% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 84% in the latest year. EBITDA rose 77% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹76.85 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹59.74 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹59.8 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -77.7% | ||
| Net Profit Margin | -77.8% | ||
| 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 Maxwealth Papers Private Limited, buy the company report.
Board of directors of Maxwealth Papers Private Limited
Maxwealth Papers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amar Nath Deb | Director | 11 Jun 2010 | 16 Years 4 Months | Current |
| Ashish Nandan | Director | 11 Jun 2010 | 16 Years 4 Months | Current |
| Om Prakash Agarwal | Director | 26 Mar 2011 | 15 Years 7 Months | Current |
Peer comparison
Maxwealth Papers Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Kumararaja Paper Mill Private Limited | ₹79.08 Lakh (FY 2018) | -28.0% | Tiruchengode, Tamil Nadu, India | |||
| Seven Paper Products Private Limited | ₹79.04 Lakh (FY 2019) | -42.0% | Bhiwandi, Maharashtra, India | |||
| Aruna Paper - Board Mills Private Limited | ₹78.69 Lakh (FY 2023) | -64.0% | Andhra Pradesh, India | |||
| RPML Industries Private Limited | ₹78.63 Lakh (FY 2025) | -96.0% | Kiratpur, Uttar Pradesh, India | |||
| Leader Paper Processing Private Limited | ₹77.86 Lakh (FY 2025) | 17.0% | Jaladhar, Punjab, India | |||
| Maxwealth Papers Private Limitedthis company | ₹76.85 Lakh (FY 2017) | -₹59.8 Lakh | -77.8% | -84.0% | Kolkata, West Bengal, India | |
| Redefine Packaging Private Limited | ₹76.67 Lakh (FY 2021) | Delhi, India | ||||
| Ashwath Eco Products Private Limited | ₹75.08 Lakh (FY 2024) | 178.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Maxwealth Papers Private Limited, buy the company report.
Auditor
Maxwealth Papers Private Limited is audited by A S D K & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S D K & COMPANY | FY 2017 | 325937E |
Shareholding
The shareholding of Maxwealth Papers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maxwealth Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 May 2011 | 10284651 | Syndicate Bank | ₹5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Maxwealth Papers Private Limited has 3 court cases on record: 2 filed by Maxwealth Papers, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against SKG Pulp and Paper Mills Pvt. Ltd. | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against SKG Pulp and Paper Mills Pvt. Ltd. and 3 Others | Pending |
| High Court | Company petition | Filed against the company by In the Matter of: SKG Pulp & Paper Mills Pvt. Ltd. -and- | Disposed |
To see the full case history of Maxwealth Papers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maxwealth Papers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maxwealth Papers 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 Maxwealth Papers Private Limited, buy the company report.
Recent activity
Maxwealth Papers Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Om Prakash Agarwal was appointed as Director on 26 Mar 2011.
Frequently asked questions
Maxwealth Papers 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 11 June 2010 (16+ years old) and is registered under CIN U74900WB2010PTC150411.
Maxwealth Papers has 3 current directors:
- Amar Nath Deb - Director
- Ashish Nandan - Director
- Om Prakash Agarwal - Director
The latest financial statements of Maxwealth Papers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Maxwealth Papers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maxwealth Papers is U74900WB2010PTC150411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maxwealth Papers has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Maxwealth Papers was incorporated on 11 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Maxwealth Papers by revenue are Kumararaja Paper Mill Private Limited, Seven Paper Products Private Limited, Aruna Paper - Board Mills Private Limited, RPML Industries Private Limited, Leader Paper Processing Private Limited and 2 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Om Prakash Agarwal was appointed as Director on 26 Mar 2011. Panchugopal Bar ceased to be Director on 26 Mar 2011. Panchugopal Bar was appointed as Director on 03 Feb 2011. Maxwealth Papers has 5 board changes on record in total.
The registered office of Maxwealth Papers is at 2 Sitaram Ghosh Street, Kolkata, West Bengal, India – 700009.
Maxwealth Papers operates in the manufacturing industry, in the paper and packaging products segment.