- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-17-0001021

About Vishal Coaters Private Limited
Data last updated:
Vishal Coaters Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 02 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21012PB1998PTC021120. Its GSTIN is 03AABCV2767P1ZX (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.09 Cr. It was formerly known as Vishal Coaters Limited. It is led by directors including Ajay Mohan Gupta and Kunal Jain.
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 Vill: Khusropur Main Road, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2025, the company reported a revenue of ₹120.2 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Cr (net margin 1.2%) and EBITDA of ₹6.75 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 1% over five years.
The company has about 188 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹86.33 Cr and satisfied charges of ₹75.88 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024. Its 8 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 5 larger and 3 smaller; the largest is Umason Paper Private Limited with revenue of ₹122.85 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 micro and small suppliers.
Vishal Coaters Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0001021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ssgpaper.com.
Company details
CIN history
Vishal Coaters has one previous CIN (Corporate Identification Number): U21012PB1998PLC021120. The current CIN is U21012PB1998PTC021120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21012PB1998PTC021120 | Current |
| U21012PB1998PLC021120 | Previous |
Recognitions & Rankings of Vishal Coaters
Contact details
Vishal Coaters Private Limited's registered office is in Patiala, Punjab. Its website is ssgpaper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVill: Khusropur Main Road, Patiala, Punjab, India – 147001
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Vishal Coaters 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 Vishal Coaters 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 Vishal Coaters Private Limited, buy the company report.
Financials of Vishal Coaters Private Limited
FY 2024 filings availableVishal Coaters Private Limited reported revenue of ₹120.2 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 2% 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 |
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| EBITDA | ₹6.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Vishal Coaters Private Limited, buy the company report.
Board of directors of Vishal Coaters Private Limited
Vishal Coaters has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Mohan Gupta Also directs: Vishal Paper Mills Private Limited | Director | 01 Dec 2008 | 17 Years 10 Months | Current |
| Kunal Jain | Director | 01 Feb 2017 | 9 Years 8 Months | Current |
| Luv Mohan Gupta | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Vishal Coaters Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Umason Paper Private Limited | ₹122.85 Cr (FY 2025) | 24.0% | Dhrangadhra, Gujarat, India | |||
| Incohub Papers Private Limited | ₹122.65 Cr (FY 2025) | 20.0% | Indore, Madhya Pradesh, India | |||
| Orient Board and Paper Mills Private Limited | ₹122.01 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Shrijee Paper Mills Private Limited | ₹121.32 Cr (FY 2025) | 27.0% | Sabarkantha, Gujarat, India | |||
| Sterling Craft Paper Mill Private Limited | ₹120.46 Cr (FY 2025) | 17.0% | Vadodara, Gujarat, India | |||
| Vishal Coaters Private Limitedthis company | ₹120.2 Cr (FY 2025) | ₹1.46 Cr | 1.2% | -20.0% | 188 | Patiala, Punjab, India |
| Vimala Paper Company Private Limited | ₹120.18 Cr (FY 2024) | -13.0% | Madurai, Tamil Nadu, India | |||
| Sri Hari Venkateswara Paper Mills Private Limited | ₹119.59 Cr (FY 2025) | 23.0% | Sivakasi, Tamil Nadu, India | |||
| Hra Paper Mills Private Limited | ₹119.21 Cr (FY 2025) | 28.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Vishal Coaters Private Limited, buy the company report.
Auditor
Vishal Coaters Private Limited is audited by H.K.GOYAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K.GOYAL & CO | FY 2023 | 012933N |
Shareholding
The shareholding of Vishal Coaters 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 Vishal Coaters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2025 | 101094707 | Others | ₹44.03 Cr | Open | |
| 14 May 2025 | 101094824 | Others | ₹42.3 Cr | Open | |
| 14 Dec 2022 | 100663246 | State Bank of India | ₹30.19 Cr | Satisfied | |
| 06 Mar 2021 | 100443059 | Hdfc Bank Limited | ₹10.92 Cr | Satisfied | |
| 17 Sep 2020 | 100380071 | Others | ₹1.22 Cr | Satisfied |
To see the full charge records of Vishal Coaters Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Vishal Coaters Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Ankit Gupta HUF, Vidya Sagar HUF, 2 individuals Seller: Hum Tum Marketing Private Limited , V.P.M.Finvest Private Limited, Venus Trading Co, an individual |
| May 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2008 | Funding round | ₹1.29 Cr | Investors: 4 individuals |
To see the full deal history of Vishal Coaters Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vishal Coaters Private Limited has 17 court cases on record: 9 filed by Vishal Coaters, 8 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 8 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Shriram Finance Ltd | Pending |
| District court, Sirmaur, Himachal Pradesh | Court case (Suit for Recovery) | Filed against the company by M/S Anmol Polymers Private Limited | Pending |
| District court, Central, Delhi | Court case (T.P. C) | Filed against the company by Rajesh Bearing Pvt. Ltd. | Disposed |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Shriram Finance Limited and 1 other | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S. MVS Acmei Technologies Private Limited | Disposed |
To see the full case history of Vishal Coaters 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
Vishal Coaters Private Limited was last rated by Care on 24 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Aug 2021 |
To see the full credit ratings and regulatory alerts of Vishal Coaters Private Limited, buy the company report.
MSME payment delays
Vishal Coaters Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gulshan Chemicals Private Limited | |||
| Yamuna Calcium Private Limited | |||
| Gulshan Polyols Limited | |||
| Jaya Microminerals Private Limited | |||
| Jamuna Minerals Haldwani |
To see the full MSME payment records of Vishal Coaters Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vishal Coaters Private Limited has a workforce of 188 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Vishal Coaters has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV2767P1ZX | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Coaters Private Limited, buy the company report.
Recent activity
Vishal Coaters Private Limited has 9 board changes on record since 1998: 6 appointments and 3 cessations. The latest: Sanjeev Kumar ceased to be Director on 15 Jul 2025.
32 earlier events are in the company report.
Frequently asked questions
Vishal Coaters is an active private limited company based in Patiala, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 02 March 1998 (28+ years old) and is registered under CIN U21012PB1998PTC021120.
Vishal Coaters has 3 current directors:
- Ajay Mohan Gupta - Director
- Kunal Jain - Director
- Luv Mohan Gupta - Director
The latest financial statements of Vishal Coaters 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 Vishal Coaters is 03AABCV2767P1ZX, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Vishal Coaters is U21012PB1998PTC021120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vishal Coaters has 17 court cases on record: 9 filed by the company and 8 filed against it. 3 are pending. Most are in the district courts.
Vishal Coaters was incorporated on 02 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Chandigarh.
Vishal Coaters has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.49 Cr; the latest was in March 2024.
The peers of Vishal Coaters by revenue are Umason Paper Private Limited, Incohub Papers Private Limited, Orient Board and Paper Mills Private Limited, Shrijee Paper Mills Private Limited, Sterling Craft Paper Mill Private Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Sanjeev Kumar ceased to be Director on 15 Jul 2025. Luv Mohan Gupta was appointed as Director on 13 Aug 2024. Mohan Parkash ceased to be Director on 12 Aug 2024. Vishal Coaters has 9 board changes on record in total.
Yes, Vishal Coaters is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0001021).
Vishal Coaters has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 22 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 May 2019.