- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-24-0001425

About Paper Packaging Private Limited
Data last updated:
Paper Packaging Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 18 October 1975 and has been in existence for over 51 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U21012KA1975PTC002890. Its GSTIN is 29AAACP6093P1ZN (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.66 Cr. It is led by directors including Priyanka Dugar (Managing Director) and Zaki Aziz Hajeebhoy.
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 No. 11 Hmg Ambassador 137 Residency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹238.55 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.34 Cr (net margin 2.2%) and EBITDA of ₹12.49 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹47.94 Cr and satisfied charges of ₹12.27 Cr on record. Court records list 101 cases involving the company, including 77 filed by the company and 24 filed against it; 8 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in August 2022. 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, 3 larger and 5 smaller; the largest is Satkar Paper Mills Private Limited with revenue of ₹254.55 Cr.
Paper Packaging Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-24-0001425). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website recycledkraft.in.
Company details
CIN history
Paper Packaging has one previous CIN (Corporate Identification Number): U02102KA1975PTC002890. The current CIN is U21012KA1975PTC002890, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21012KA1975PTC002890 | Current |
| U02102KA1975PTC002890 | Previous |
Recognitions & Rankings of Paper Packaging
Contact details
Paper Packaging Private Limited's registered office is in Bangalore, Karnataka. Its website is recycledkraft.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 11 Hmg Ambassador 137 Residency Road, Bangalore, Karnataka, India – 560025
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Paper Packaging 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 activities of Paper Packaging are manufacturing and support service to organizations. In detail, this covers wood and wood products, furniture, paper and paper products and other support services to organizations. 2 activity segments are registered with the MCA.
| 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 | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Paper Packaging Private Limited, buy the company report.
Financials of Paper Packaging Private Limited
FY 2024 filings availablePaper Packaging Private Limited reported revenue of ₹238.55 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 12% growth in the latest year. EBITDA fell 19% 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 | ₹12.49 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.34 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 | 5.2% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paper Packaging Private Limited, buy the company report.
Board of directors of Paper Packaging Private Limited
Paper Packaging has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Dugar Also directs: Energen Works LLP, Tis Thermo Instrument Systems Private Limited, Accupak Private Limited and 5 more | Additional Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Zaki Aziz Hajeebhoy Also directs: Energen Works LLP, Raghu Textiles Private Limited, Tis Thermo Instrument Systems Private Limited and 5 more | Director | 10 Feb 2005 | 21 Years 8 Months | Current |
| Priyanka Dugar Also directs: Tis Thermo Instrument Systems Private Limited, Accupak Private Limited, HMG Estates and Housing Limited and 5 more | Managing Director | 30 Dec 2017 | 8 Years 9 Months | Current |
Peer comparison
Paper Packaging 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 |
|---|---|---|---|---|---|---|
| Satkar Paper Mills Private Limited | ₹254.55 Cr (FY 2025) | 17.0% | Punjab, India | |||
| Saffron Speciality Papers Limited | ₹253.25 Cr (FY 2025) | 33.0% | Bhiwandi, Maharashtra, India | |||
| Sunshine Pap-Tech Private Limited | ₹239.53 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Paper Packaging Private Limitedthis company | ₹238.55 Cr (FY 2025) | ₹5.34 Cr | 2.2% | 12.0% | 129 | Bangalore, Karnataka, India |
| Kalyani Craft Paper Mills Private Limited | ₹237.7 Cr (FY 2025) | 21.0% | Timaliyawad, Surat, Gujarat, India | |||
| Suyash Chemical and Fertilizer Private Limited | ₹237.36 Cr (FY 2025) | 30.0% | Uttar Pradesh, India | |||
| S.R. International Paper Mills Private Limited | ₹237.13 Cr (FY 2025) | -10.0% | Bizpur, West Bengal, India | |||
| Shah Pulp and Paper Mills Limited | ₹236.65 Cr (FY 2018) | 4.0% | Mumbai, Maharashtra, India | |||
| Devrishi Papers Private Limited | ₹234.2 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Paper Packaging Private Limited, buy the company report.
Auditor
Paper Packaging Private Limited is audited by RAJAGOPAL & BADRINARAYAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAGOPAL & BADRINARAYAN | FY 2022 | 003024S |
Shareholding
The shareholding of Paper Packaging 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 Paper Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2025 | 101091489 | Canara Bank | ₹4.7 Cr | Open | |
| 07 Mar 2025 | 101091492 | Canara Bank | ₹2 Cr | Open | |
| 26 Mar 2007 | 10051089 | Canara Bank | ₹21.07 Cr | Open | |
| 31 Mar 1999 | 90192043 | Karnataka State Industrial Invest; and Devel. Corp. Ltd | ₹1 Cr | Open | |
| 20 Jun 1998 | 90191963 | Karnataka State Industrial Invest; and Devel. Corp. Ltd | ₹2.5 Cr | Open |
To see the full charge records of Paper Packaging Private Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Paper Packaging Private Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in August 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2018 | Rights issue | ₹43.3 Lakh | Investors: 3 individuals |
To see the full deal history of Paper Packaging 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
Paper Packaging Private Limited has 101 court cases on record: 77 filed by Paper Packaging, 24 filed against it. 8 cases are pending and 93 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 86 | 18 | 7 |
| High courts | 14 | 6 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 101)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Shreyas Papers Pvt Ltd and 4 others | Disposed |
| District court, SHIVAMOGGA, Karnataka | Interim or miscellaneous application | Filed against the company by J.R. Packages Pvt., Ltd., | Disposed |
| District court, SHIVAMOGGA, Karnataka | Court case (R.A.) | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against an individual | Pending |
| District court, SHIVAMOGGA, Karnataka | Criminal complaint | Filed by the company against Lokesh Proprietor M/S Vaibhav Packaging Industries | Pending |
To see the full case history of Paper Packaging 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
Paper Packaging Private Limited was last rated by Crisil on 29 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Dec 2021 |
To see the full credit ratings and regulatory alerts of Paper Packaging Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paper Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paper Packaging Private Limited has a workforce of 129 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Paper Packaging has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP6093P1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paper Packaging Private Limited, buy the company report.
Recent activity
Paper Packaging Private Limited has 8 board changes on record since 2005: 3 appointments and 5 cessations. The latest: Gaurav Dugar was appointed as Additional Director on 01 Aug 2024.
70 earlier events are in the company report.
Frequently asked questions
Paper Packaging is an active private limited company based in Bangalore, Karnataka, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 18 October 1975 (51+ years old) and is registered under CIN U21012KA1975PTC002890.
Paper Packaging has 3 current directors:
- Priyanka Dugar - Managing Director
- Gaurav Dugar - Additional Director
- Zaki Aziz Hajeebhoy - Director
The latest financial statements of Paper Packaging 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 Paper Packaging is 29AAACP6093P1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Paper Packaging is U21012KA1975PTC002890. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paper Packaging has 101 court cases on record: 77 filed by the company and 24 filed against it. 8 are pending. Most are in the district courts.
Paper Packaging was incorporated on 18 October 1975, making it 51+ years old. It is registered with the Registrar of Companies, Bangalore.
Paper Packaging has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in August 2022.
The peers of Paper Packaging by revenue are Satkar Paper Mills Private Limited, Saffron Speciality Papers Limited, Sunshine Pap-Tech Private Limited, Kalyani Craft Paper Mills Private Limited, Suyash Chemical and Fertilizer 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).
Gaurav Dugar was appointed as Additional Director on 01 Aug 2024. Priyanka Dugar ceased to be Managing Director on 28 Jul 2022. Noor Jaffer ceased to be Managing Director on 21 Jul 2022. Paper Packaging has 8 board changes on record in total.
Yes, Paper Packaging is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-24-0001425).