MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0085131
N Desai Papers Pvt Ltd - trading in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹93.09 Cr
▲ 17% YoY
Net profit · FY 2022
₹3.72 Cr
Net margin 4%
EBITDA · FY 2022
₹5.01 Cr
EBITDA margin 5.4%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Satisfied charges
₹25.6 Cr
No open charges
Company age
31 yrs
Est. 1995
Employees · EPFO
21
Provident fund records
About N Desai Papers Pvt Ltd
Data last updated:
N Desai Papers Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 09 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21019GJ1995PTC024951. Its GSTIN is 24AAACN5359A1ZV (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Pradip Natvarlal Desai (Managing Director) and Monish Pradip Desai (Managing Director).
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 3rd Flr Arun Complex Sattartaluka Society Opp Guj High Court, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2022, the company reported a revenue of ₹93.09 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.72 Cr (net margin 4%) and EBITDA of ₹5.01 Cr (EBITDA margin 5.4%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 2% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹25.6 Cr on record. Court records list 19 cases involving the company, including 19 filed by the company; 2 cases are pending.
N Desai Papers Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0085131). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ndesai.com.
Company details
CIN U21019GJ1995PTC024951
Registration Number 024951
Incorporation Date 09 March 1995
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-01-0085131
Key People
Pradip Natvarlal Desai Managing Director Monish Pradip Desai Managing Director Rupal Monish Desai Director Recognitions & Rankings of N Desai Papers
Contact details
N Desai Papers Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is ndesai.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Flr Arun Complex Sattartaluka Society Opp Guj High Court, Ahmedabad, Gujarat, India – 380009
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of N Desai Papers Pvt Ltd, buy the company report.
Comprehensive company report
N Desai Papers Pvt Ltd - 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 N Desai Papers Pvt Ltd
FY 2025 filings availableN Desai Papers Pvt Ltd reported revenue of ₹93.09 Cr (up 17% YoY) for FY 2022.
Revenue · FY 2022
₹93.09 Cr ▲ 17%
Net profit · FY 2022
₹3.72 Cr margin 4%
EBITDA · FY 2022
₹5.01 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 19%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 14%
5 years · compounded
▲ 10%
Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 27% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹93.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.72 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 4% | ||||
| 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 N Desai Papers Pvt Ltd, buy the company report.
Board of directors of N Desai Papers Pvt Ltd
N Desai Papers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Natvarlal Desai | Managing Director | 09 Mar 1995 | 31 Years 7 Months | Current |
| Monish Pradip Desai | Managing Director | 09 Mar 1995 | 31 Years 7 Months | Current |
| Rupal Monish Desai | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
Auditor
N Desai Papers Pvt Ltd is audited by Kirit P Shah & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kirit P Shah & Co | FY 2022 | 152614W |
Shareholding
The shareholding of N Desai Papers Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of N Desai Papers Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2012 | 10367463 | Citi Bank N.A. | ₹17 Cr | Satisfied | |
| 26 Jun 2002 | 90100820 | Citi Bank N.A. | ₹6 Cr | Satisfied | |
| 25 Jul 2001 | 90112678 | Citibank N.A. | ₹25 Lakh | Satisfied | |
| 16 Jul 1997 | 90109641 | The Madhavpura Mercantile Co.Op. Bank Ltd. | ₹1 Cr | Satisfied | |
| 10 Apr 1995 | 90109269 | The Madhavpura Mercantile Co.Op. Bank Ltd. | ₹75 Lakh | Satisfied |
To see the full charge records of N Desai Papers Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
N Desai Papers Pvt Ltd has 19 court cases on record: 19 filed by N Desai Papers. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
19
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 2 |
| High courts | 7 | 0 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Shreeji Divine Paper Stationery Pvt. Ltd | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Shree Hari Graphics Private Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Computer Skill Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed by the company against Government of Gujarat and 1 other | Disposed |
To see the full case history of N Desai Papers Pvt Ltd, 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
N Desai Papers Pvt Ltd was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of N Desai Papers Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for N Desai Papers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
N Desai Papers Pvt Ltd has a workforce of 21 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
5%
GST
N Desai Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN5359A1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of N Desai Papers Pvt Ltd, buy the company report.
Recent activity
N Desai Papers Pvt Ltd has 8 board changes on record since 1995: 3 appointments and 5 cessations. The latest: Rupal Monish Desai ceased to be Additional Director on 29 Sep 2025.
AGM
N Desai Papers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Rupal Monish Desai ceased to be Additional Director.
Appointed
Rupal Monish Desai was appointed as Director.
Filing
N Desai Papers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 18 Jul 2012 via Charge ID 10367463 with Citi Bank N.A. was fully satisfied on 22 Nov 2024.
Charges
A charge registered on 26 Jun 2002 via Charge ID 90100820 with Citi Bank N.A. was fully satisfied on 22 Nov 2024.
Charges
A charge with Citi Bank N.A. of Rs. 600.00 Lakh registered on 26 Jun 2002 with Charge ID 90100820 was modified on 08 Dec 2021.
Charges
A charge registered on 16 Jul 1997 via Charge ID 90109641 with The Madhavpura Mercantile Co.Op. Bank Ltd. was fully satisfied on 25 Nov 2020.
Charges
A charge registered on 16 Dec 1992 via Charge ID 90111192 with The Madhavpura M. Co. Op. Bank Ltd. was fully satisfied on 25 Nov 2020.
Charges
A charge registered on 19 Dec 1991 via Charge ID 90108833 with The Madhavpura Mercantile Co.Op. Bank Ltd. was fully satisfied on 25 Nov 2020.
Ceased
Monish Pradip Desai ceased to be Director.
Charges
A charge with Citi Bank N.A. of Rs. 1,700.00 Lakh registered on 18 Jul 2012 with Charge ID 10367463 was modified on 25 Feb 2016.
17 earlier events are in the company report.
Frequently asked questions
N Desai Papers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 09 March 1995 (31+ years old) and is registered under CIN U21019GJ1995PTC024951.
N Desai Papers has 3 current directors:
- Pradip Natvarlal Desai - Managing Director
- Monish Pradip Desai - Managing Director
- Rupal Monish Desai - Director
The latest financial statements of N Desai 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 N Desai Papers is 24AAACN5359A1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of N Desai Papers is U21019GJ1995PTC024951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N Desai Papers has 19 court cases on record: 19 filed by the company. 2 are pending. Most are in the district courts.
N Desai Papers was incorporated on 09 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rupal Monish Desai ceased to be Additional Director on 29 Sep 2025. Rupal Monish Desai was appointed as Director on 25 Jul 2025. Monish Pradip Desai ceased to be Director on 01 Sep 2018. N Desai Papers has 8 board changes on record in total.
Yes, N Desai Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0085131).
N Desai Papers can be reached through the website ndesai.com. Its registered office is in Ahmedabad, Gujarat, India.