About Saber Papers Limited
Data last updated:
Saber Papers Limited is a public limited company based in Ludhiana, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 13 October 2007.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21012PB2007PLC031416. Its GSTIN is 02AALCS2723E2ZQ (Himachal Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹35.08 Cr. It is led by directors including Subash Chand and Harbans Lal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Vpo Jugiana G T Road, Ludhiana, Punjab, India – 141011.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.4 Cr, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹32.7 Cr and EBITDA of -₹1.2 Cr (EBITDA margin -85.8%).
As per MCA filings, the company has open charges of ₹1,331.43 Cr on record. Court records list 86 cases involving the company, including 30 filed by the company and 56 filed against it; 1 case is pending.
The last known website on record is saber.asia.
Company details
Contact details
Saber Papers Limited's registered office is in Ludhiana, Punjab. Its website is saber.asia. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVpo Jugiana G T Road, Ludhiana, Punjab, India – 141011
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Saber Papers 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 Saber 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 Saber Papers Limited, buy the company report.
Financials of Saber Papers Limited
FY 2016 filings availableSaber Papers Limited reported revenue of ₹1.4 Cr (down 54% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 54% in the latest year. EBITDA fell 670% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.4 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.2 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹32.7 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -85.8% | |
| Net Profit Margin | ||
| 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 Saber Papers Limited, buy the company report.
Board of directors of Saber Papers Limited
Saber Papers has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subash Chand Also directs: Sigma Fincap Private Limited | Director | 18 Oct 2015 | 11 Years 0 Months | As last reported |
| Harbans Lal Also directs: Sigma Fincap Private Limited | Director | 18 Oct 2015 | 11 Years 0 Months | As last reported |
| Manoj Kacker | Director | 01 Oct 2008 | 18 Years 1 Months | As last reported |
Peer comparison
Saber Papers Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Sri Pavalambigai Paper and Boards Private Limited | ₹1.41 Cr (FY 2018) | -12.0% | Erode, Tamil Nadu, India | |||
| Madhusudan Cartons Private Limited | ₹1.4 Cr (FY 2025) | -17.0% | Gurgaon, Haryana, India | |||
| Mtech Paper Private Limited | ₹1.4 Cr (FY 2021) | -46.0% | Vasai, Maharashtra, India | |||
| Saber Papers Limitedthis company | ₹1.4 Cr (FY 2016) | -₹32.7 Cr | -54.0% | Ludhiana, Punjab, India | ||
| Rolia Tissues Private Limited | ₹1.39 Cr (FY 2021) | -40.0% | New Delhi, Delhi, India | |||
| Sashwath Paper Mills Private Limited | ₹1.38 Cr (FY 2025) | 1691.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Saber Papers Limited, buy the company report.
Auditor
Saber Papers Limited is audited by K R AGGARWAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R AGGARWAL & ASSOCIATES | FY 2016 | 030088N |
Shareholding
The shareholding of Saber Papers Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Saber Papers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2013 | 10441889 | Others | ₹15.91 Cr | Open | |
| 22 Mar 2013 | 10416810 | State Bank of Patiala | ₹9.82 Cr | Open | |
| 13 Feb 2013 | 10416518 | Jammu & Kashmir Bank Limited | ₹10.87 Cr | Open | |
| 12 Feb 2013 | 10417471 | State Bank of Hyderabad | ₹27.32 Cr | Open | |
| 12 Feb 2013 | 10417467 | State Bank of Hyderabad | ₹17.17 Cr | Open |
To see the full charge records of Saber Papers Limited, buy the company report.
Total charge records: 26 View all charges
Legal cases
Saber Papers Limited has 86 court cases on record: 30 filed by Saber Papers, 56 filed against it. 1 case is pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 83 | 53 | 1 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by M/S Metro Furniture Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against M/S Everest Industries Limited | Disposed |
| District court, South, Delhi | Execution petition | Filed against the company by Everest Industries Ltd. | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Tata Capital Financial Services Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Ms Shib Dass and Sons Pvt Limited | Disposed |
To see the full case history of Saber Papers 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 Saber Papers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saber Papers has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AALCS2723E2ZQ | Himachal Pradesh | Active | 23 Apr 2021 |
To see the full GST registrations and return filing status of Saber Papers Limited, buy the company report.
Recent activity
Saber Papers Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Harbans Lal ceased to be Additional Director on 30 Sep 2016.
38 earlier events are in the company report.
Frequently asked questions
Saber Papers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Saber Papers is a company under liquidation, formerly operating as a public limited company based in Ludhiana, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 13 October 2007 and is registered under CIN U21012PB2007PLC031416. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Saber Papers has 3 current directors:
- Subash Chand - Director
- Harbans Lal - Director
- Manoj Kacker - Director
The latest financial statements of Saber Papers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saber Papers is U21012PB2007PLC031416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saber Papers has open charges of ₹1,331.43 Cr and no satisfied charges on record as per latest MCA filings.
Saber Papers has 86 court cases on record: 30 filed by the company and 56 filed against it. 1 is pending. Most are in the district courts.
Saber Papers was incorporated on 13 October 2007. It is registered with the Registrar of Companies, Chandigarh.
The peers of Saber Papers by revenue are Sri Pavalambigai Paper and Boards Private Limited, Madhusudan Cartons Private Limited, Mtech Paper Private Limited, Rolia Tissues Private Limited, Sashwath Paper Mills Private Limited, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Harbans Lal ceased to be Additional Director on 30 Sep 2016. Subash Chand ceased to be Additional Director on 30 Sep 2016. Dinesh Soin ceased to be Managing Director on 21 Oct 2015. Saber Papers has 12 board changes on record in total.
Saber Papers can be reached through the website saber.asia. Its registered office is in Ludhiana, Punjab, India.
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