MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0001662
Millenium Papers Private Limited - packaging in Morbi, Gujarat, India. FY 2026 financials & compliance.
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 20 cases involving the company, including 1 filed by the company and 19 filed against it; 7 cases are pending.
Millenium Papers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0001662). 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
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
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0001662
Key People
Vallabhbhai Polabhai Koradiya Director Jayesh Fuljibhai Koradiya Director Mansukhlal Polabhai Koradiya Director Recognitions & Rankings of Millenium Papers
Contact details
Millenium Papers Private Limited's registered office is in Morbi, Gujarat. Its website is milleniumpapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 105/1 Lalpar 8 – A National Highway, Morbi, Gujarat, India – 363642
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Millenium Papers Private Limited, buy the company report.
Comprehensive company report
Millenium 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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Financials of Millenium Papers Private Limited
FY 2025 filings availableMillenium 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | |||||
To see the full financial statements and ratios of Millenium Papers Private Limited, buy the company report.
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
Showing 6 of 7 current directors. View all directors
Auditor
Millenium Papers Private Limited is audited by S. Sharda & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Sharda & Associates | FY 2024 | 117361W |
Shareholding
The shareholding of Millenium Papers Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Millenium Papers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹150.35 Cr
Satisfied charges
₹96.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2023 | 100683011 | State Bank of India | ₹75.03 Cr | Open | |
| 23 Jan 2023 | 100683031 | State Bank of India | ₹75.03 Cr | Open | |
| 30 Jun 2022 | 100594643 | Others | ₹10 Lakh | Open | |
| 22 Jun 2022 | 100593514 | Others | ₹19.1 Lakh | Open | |
| 09 Mar 2018 | 100184000 | Yes Bank Limited | ₹58.49 Cr | Satisfied |
To see the full charge records of Millenium Papers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Millenium Papers Private Limited has 20 court cases on record: 1 filed by Millenium Papers, 19 filed against it. 7 cases are pending and 13 are disposed.
Total cases
20
Filed by the company
1
Filed against the company
19
Pending
7
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 2 |
| NCLAT | 5 | 5 | 4 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Pap Chem (India) Pvt. Ltd | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Pap Chem (India) Pvt. Ltd | Disposed |
| District court, Sonepat, Haryana | Execution petition | Filed against the company by M/S Pap Coat India Pvt. Ltd. | Disposed |
| District court, North, Delhi | Execution petition | Filed against the company by Papchem India Pvt Ltd. | Disposed |
| District court, Meerut, Uttar Pradesh | Civil miscellaneous application | Filed against the company by Ezochem Organics India Pvt Ltd. | Disposed |
To see the full case history of Millenium 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.
Credit ratings & regulatory alerts
Millenium Papers Private Limited was last rated by Care on 22 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Feb 2023 |
To see the full credit ratings and regulatory alerts of Millenium Papers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Millenium Papers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Millenium Papers Private Limited has a workforce of 14 employees on its EPFO records as of Dec 18, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-44%
GST
Millenium Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM2926A1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Millenium Papers Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 7 current directors:
- Vallabhbhai Polabhai Koradiya - Director
- Jayesh Fuljibhai Koradiya - Director
- Mansukhlal Polabhai Koradiya - Director
- Dinesh Bhatia - Nominee Director
- Fuljibhai Polabhai Koradiya - Director
- Maheshkumar Mukhanath Yadav - Additional Director
- Sujeet Anant Khatawkar - Additional Director
The latest financial statements of Millenium Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 20 court cases on record: 1 filed by the company and 19 filed against it. 7 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.
Yes, Millenium Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0001662).
Millenium Papers can be reached through the website milleniumpapers.com. Its registered office is in Morbi, Gujarat, India.