MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-25-0002814
Blue Seas Papers Private Limited
Blue Seas Papers Private Limited - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.03 Cr
▼ 6% YoY
Net profit · FY 2025
₹1.85 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹48.18 Lakh
EBITDA margin 15.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹4.48 Cr
Secured borrowings
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
About Blue Seas Papers Private Limited
Data last updated:
Blue Seas Papers Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 03 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U21012TG1997PTC027234. Its GSTIN is 36AAACB8267H1ZJ (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Manish Kanchhal and Ritu Kanchhal.
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 Flat No 406 & 407 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.03 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Lakh (net margin 0.6%) and EBITDA of ₹48.18 Lakh (EBITDA margin 15.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹4.48 Cr on record. Court records list 15 cases involving the company, including 13 filed by the company and 2 filed against it; 3 cases are pending.
Blue Seas Papers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-25-0002814). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U21012TG1997PTC027234
Registration Number 027234
Incorporation Date 03 June 1997
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-25-0002814
CIN history
Blue Seas Papers has one previous CIN (Corporate Identification Number): U21012AP1997PTC027234. The current CIN is U21012TG1997PTC027234, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21012TG1997PTC027234 | Current |
| U21012AP1997PTC027234 | Previous |
Key People
Manish Kanchhal Director Ritu Kanchhal Director Recognitions & Rankings of Blue Seas Papers
Contact details
Blue Seas Papers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 406 & 407 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Blue Seas Papers Private Limited, buy the company report.
Comprehensive company report
Blue Seas Papers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Blue Seas 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 Blue Seas Papers Private Limited, buy the company report.
Financials of Blue Seas Papers Private Limited
FY 2024 filings availableBlue Seas Papers Private Limited reported revenue of ₹3.03 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹3.03 Cr ▼ 6%
Net profit · FY 2025
₹1.85 Lakh margin 0.6%
EBITDA · FY 2025
₹48.18 Lakh margin 15.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 5%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 3%
5 years · compounded
▼ 2%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 6% fall in the latest year. EBITDA fell 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹48.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.85 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Blue Seas Papers Private Limited, buy the company report.
Board of directors of Blue Seas Papers Private Limited
Blue Seas Papers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kanchhal | Director | 03 Jun 1997 | 29 Years 4 Months | Current |
| Ritu Kanchhal | Director | 28 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Blue Seas Papers Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ellora Paper Mills Limited | ₹3.06 Cr (FY 2022) | 78.0% | Nagpur, Maharashtra, India | |||
| Prophetic Coatings Private Limited | ₹3.04 Cr (FY 2025) | -2.0% | Indore, Madhya Pradesh, India | |||
| Jai Mata Di Paper Mills Private Limited | ₹3.04 Cr (FY 2022) | 48.0% | Raipur, Chhattisgarh, India | |||
| Blue Seas Papers Private Limitedthis company | ₹3.03 Cr (FY 2025) | ₹1.85 Lakh | 0.6% | -6.0% | Hyderabad, Telangana, India | |
| Durgesh Commercial and Marketing P Ltd. | ₹3.03 Cr (FY 2024) | 6.0% | Mithapur, Bihar, India | |||
| Tropilite Biosciences Private Limited | ₹3.03 Cr (FY 2025) | -66.0% | Gwalior, Madhya Pradesh, India | |||
| Ameya Paper Mills Pvt Ltd | ₹3.02 Cr (FY 2025) | 287.0% | Hingna Village, Maharashtra, India |
To see the full peer comparison of Blue Seas Papers Private Limited, buy the company report.
Auditor
Blue Seas Papers Private Limited is audited by Atmakuri & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Atmakuri & Co | FY 2023 | 000268S |
Shareholding
The shareholding of Blue Seas Papers Private 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 Blue Seas Papers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2022 | 100572235 | Others | ₹35 Lakh | Open | |
| 17 Jun 2020 | 100357024 | Others | ₹50 Lakh | Open | |
| 30 Dec 2019 | 100315496 | Others | ₹15 Lakh | Open | |
| 22 Nov 2019 | 100305902 | Others | ₹15 Lakh | Open | |
| 17 Sep 1999 | 90127862 | The Karur Vysya Bank | ₹10 Lakh | Open |
To see the full charge records of Blue Seas Papers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Blue Seas Papers Private Limited has 15 court cases on record: 13 filed by Blue Seas Papers, 2 filed against it. 3 cases are pending and 12 are disposed.
Total cases
15
Filed by the company
13
Filed against the company
2
Pending
3
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 2 |
| District courts | 7 | 2 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by M/S. Bang Paper and Boards Private Limited | Pending |
| High Court, TELANGANA | Revision petition | Filed by the company against M/S Bang Paper and Boards Pvt Ltd | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against individuals | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Commr. of Industries, Hyd and Another and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Blue Seas 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 Blue Seas Papers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Blue Seas Papers has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACB8267H1ZJ | Telangana | Active | 01 Jul 2017 |
| 07AAACB8267H1ZK | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Seas Papers Private Limited, buy the company report.
Recent activity
Blue Seas Papers Private Limited has 6 board changes on record since 1997: 2 appointments and 4 cessations. The latest: Dileep Yadav ceased to be Director on 20 Sep 2022.
AGM
Blue Seas Papers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Blue Seas Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Dileep Yadav ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100572235 was registered on 31 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100357024 was registered on 17 Jun 2020.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100315496 was registered on 30 Dec 2019.
Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100305902 was registered on 22 Nov 2019.
Charges
A charge with Others of Rs. 3.23 Cr registered on 31 Mar 1999 with Charge ID 90129687 was modified on 03 Sep 2019.
Ceased
Rukmini Kanchhal ceased to be Director.
Ceased
Ritu Kanchhal ceased to be Additional Director.
Appointed
Ritu Kanchhal was appointed as Director.
Ceased
Satyanarain Kanchal ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Blue Seas Papers is an active private limited company based in Hyderabad, Telangana, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 03 June 1997 (29+ years old) and is registered under CIN U21012TG1997PTC027234.
Blue Seas Papers has 2 current directors:
- Manish Kanchhal - Director
- Ritu Kanchhal - Director
The latest financial statements of Blue Seas Papers 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 Blue Seas Papers is 36AAACB8267H1ZJ, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAACB8267H1ZK (Delhi).
The CIN (Corporate Identification Number) of Blue Seas Papers is U21012TG1997PTC027234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Blue Seas Papers has 15 court cases on record: 13 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.
Blue Seas Papers was incorporated on 03 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Blue Seas Papers by revenue are Ellora Paper Mills Limited, Prophetic Coatings Private Limited, Jai Mata Di Paper Mills Private Limited, Durgesh Commercial and Marketing P Ltd, Tropilite Biosciences Private Limited and 1 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Dileep Yadav ceased to be Director on 20 Sep 2022. Rukmini Kanchhal ceased to be Director on 24 Apr 2019. Ritu Kanchhal ceased to be Additional Director on 25 Sep 2014. Blue Seas Papers has 6 board changes on record in total.
Yes, Blue Seas Papers is registered as a small enterprise under Udyam registration (number: UDYAM-TS-25-0002814).
The registered office of Blue Seas Papers is at Flat No 406 & 407 Maheshwari Chambers Somajiguda, Hyderabad, Telangana, India – 500082.
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