Millenium Papers Private Limited

Millenium Papers Private Limited - packaging in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U21000GJ2009PTC058933 Incorporated 18 December 2009 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company packaging
Data last updated
Revenue · FY 2024
₹92.14 Cr
▲ 6970653% YoY
Net loss · FY 2024
₹22.29 Cr
Net margin -24.2%
EBITDA · FY 2024
-₹16.56 Cr
EBITDA margin -18%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹6.31 Cr
Issued & subscribed
Open charges
₹150.35 Cr
Satisfied ₹96.82 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
14
Provident fund records

About Millenium Papers Private Limited

Data last updated:

Millenium Papers Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 18 December 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2009PTC058933. Its GSTIN is 24AAGCM2926A1ZZ (Gujarat).

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹6.31 Cr. It is led by directors including Vallabhbhai Polabhai Koradiya and Jayesh Fuljibhai Koradiya.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 105/1 Lalpar 8 – A National Highway, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2024, the company reported a revenue of ₹92.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹22.29 Cr (net margin -24.2%) and EBITDA of -₹16.56 Cr (EBITDA margin -18%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹150.35 Cr and satisfied charges of ₹96.82 Cr on record. Court records list 19 cases involving the company, including 1 filed by the company and 17 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website milleniumpapers.com.

Company Details of Millenium Papers Private Limited
CIN U21000GJ2009PTC058933
Registration Number 058933
Incorporation Date 18 December 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Survey No. 105/1 Lalpar 8 – A National Highway, Morbi, Gujarat, India – 363642
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper
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Financials, compliance, directors, charges, ownership and filings for Millenium Papers Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Millenium Papers Private Limited FY 2025 filings available

Millenium Papers Private Limited reported revenue of ₹92.14 Cr (up 6970653% YoY) for FY 2024.

Revenue · FY 2024
₹92.14 Cr ▲ 6970653%
Net loss · FY 2024
₹22.29 Cr margin -24.2%
EBITDA · FY 2024
-₹16.56 Cr margin -18%

Compounded Annual Growth Rate (CAGR) of Millenium Papers Private Limited

Revenue CAGR growth
3 years · compounded
▼ 9%
5 years · compounded
▼ 3%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. 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 of Millenium Papers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹92.14 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹16.56 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹22.29 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 of Millenium Papers Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-18%••••••••••••••••
Net Profit Margin-24.2%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Millenium Papers are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Auditor Details of Millenium Papers Private Limited

Millenium Papers Private Limited is audited by S. Sharda & Associates for the financial year 2024.

NameStatusAppointment DateCessation Date
S. Sharda & AssociatesLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Millenium Papers Private Limited

Millenium Papers has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vallabhbhai Polabhai KoradiyaDirector09 Jun 201412 Years 3 MonthsCurrent
Jayesh Fuljibhai KoradiyaDirector18 Dec 200916 Years 9 MonthsCurrent
Mansukhlal Polabhai KoradiyaDirector10 Apr 201016 Years 5 MonthsCurrent
Dinesh BhatiaNominee Director31 Mar 20251 Years 6 MonthsCurrent
Fuljibhai Polabhai KoradiyaDirector18 Dec 200916 Years 9 MonthsCurrent
Maheshkumar Mukhanath YadavAdditional Director22 Jun 20260 Years 3 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Ownership and Shareholding of Millenium Papers Private Limited

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Shareholding and ownership data

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Charges & Borrowings of Millenium Papers Private Limited

Open charges
₹150.35 Cr
Satisfied charges
₹96.82 Cr
Breakdown by lending institutions
State Bank of India₹150.06 Cr
Others₹0.29 Cr
Latest charge details
DateLenderAmountStatus
23 Jan 2023State Bank of India₹75.03 CrOpen
23 Jan 2023State Bank of India₹75.03 CrOpen
30 Jun 2022Others₹10 LakhOpen
22 Jun 2022Others₹19.1 LakhOpen
09 Mar 2018Yes Bank Limited₹58.49 CrSatisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Millenium Papers Private Limited

Millenium Papers Private Limited has a workforce of 14 employees as of Dec 18, 2024.

Employee count
14
Active EPFO establishments
1
Employee growth
-44%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Millenium Papers Private Limited

Millenium Papers Private Limited has 16 board changes on record since 2009: 7 appointments and 9 cessations. The latest: Maheshkumar Mukhanath Yadav was appointed as Additional Director on 22 Jun 2026.

Appointed
Maheshkumar Mukhanath Yadav was appointed as Additional Director.
Appointed
Sujeet Anant Khatawkar was appointed as Additional Director.
Ceased
Manish Porwal ceased to be Nominee Director.
AGM
Millenium Papers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Pankaj Madhukar Phadnis ceased to be Nominee Director.
Ceased
Ritesh Satish Kumar Rathi ceased to be Nominee Director.
Filing
Millenium Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Dinesh Bhatia was appointed as Nominee Director.
Ceased
Kamlesh Satyanarayan Chechani ceased to be Nominee Director.
Ceased
Manishkumar Shivkumar Sharma ceased to be Nominee Director.
Charges
A charge with State Bank Of India amounted to Rs. 75.03 Cr with Charge ID 100683011 was registered on 23 Jan 2023.
Charges
A charge with State Bank Of India amounted to Rs. 75.03 Cr with Charge ID 100683031 was registered on 23 Jan 2023.

17 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Millenium Papers Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Millenium Papers Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Millenium Papers Private Limited

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GST Compliance of Millenium Papers Private Limited

Millenium Papers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAGCM2926A1ZZGujaratActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Millenium Papers Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Millenium Papers Private Limited

Millenium Papers is an active private limited company based in Morbi, Gujarat, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 18 December 2009 (17+ years old) and is registered under CIN U21000GJ2009PTC058933.

Millenium Papers reported revenue of ₹92.14 Cr for FY 2024 (up 6970653% YoY).

Millenium Papers has 7 current directors:

Millenium Papers reported a net loss of ₹22.29 Cr (net margin -24.2%) and EBITDA of -₹16.56 Cr (EBITDA margin -18%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Millenium Papers is -9% over three years and -3% over five years. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Millenium Papers is 24AAGCM2926A1ZZ, registered in Gujarat.

The CIN (Corporate Identification Number) of Millenium Papers is U21000GJ2009PTC058933. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Millenium Papers has 19 court cases on record: 1 filed by the company and 17 filed against it. 6 are pending. Most are in the district courts.

Millenium Papers was incorporated on 18 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Maheshkumar Mukhanath Yadav was appointed as Additional Director on 22 Jun 2026. Sujeet Anant Khatawkar was appointed as Additional Director on 22 Jun 2026. Manish Porwal ceased to be Nominee Director on 01 Jan 2026. Millenium Papers has 16 board changes on record in total.

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