- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0011501

New Rain Papers Private Limited
About New Rain Papers Private Limited
Data last updated:
New Rain Papers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 24 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA1994PTC110970.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.13 Cr. It was formerly known as Gulshan Tie-Up Private Limited and New Rain (Bangalore) Paper Agencies Private Limited. It is led by directors including Suresh Kumar Lath and Nikhil Lath.
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 Floor Pns Complex 2226/A 4th Main, Banashankari 2nd Stage Bangalore, Karnataka, India – 560070.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.16 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹19.28 Lakh (net margin 0.3%) and EBITDA of ₹1.99 Cr (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹46.26 Cr and satisfied charges of ₹33.51 Cr on record.
New Rain Papers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011501). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
New Rain Papers has undergone 4 name changes throughout its history. The current legal name is New Rain Papers Private Limited.
| Company Name | Status |
|---|---|
| New Rain Papers Private Limited | Current |
| Gulshan Tie-Up Private Limited | Previous |
| New Rain (Bangalore) Paper Agencies Private Limited | Previous |
| Gulshan Tie-Up Pvt.Ltd. | Previous |
| Gulshan Tie-Up Pvt.Ltd | Previous |
CIN history
New Rain Papers has one previous CIN (Corporate Identification Number): U51109WB1994PTC065614. The current CIN is U51109KA1994PTC110970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109KA1994PTC110970 | Current |
| U51109WB1994PTC065614 | Previous |
Recognitions & Rankings of New Rain Papers
Contact details
New Rain Papers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Pns Complex 2226/A 4th Main, Banashankari 2nd Stage Bangalore, Karnataka, India – 560070
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of New Rain Papers 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 New Rain Papers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of New Rain Papers Private Limited, buy the company report.
Financials of New Rain Papers Private Limited
FY 2025 filings availableNew Rain Papers Private Limited reported revenue of ₹57.16 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 9% growth in the latest year. EBITDA rose 21% 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.28 Lakh | ||||
| 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 | 3.5% | ||||
| Net Profit Margin | 0.3% | ||||
| 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 New Rain Papers Private Limited, buy the company report.
Board of directors of New Rain Papers Private Limited
New Rain Papers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Lath | Director | 17 Nov 2008 | 17 Years 11 Months | Current |
| Nikhil Lath | Director | 11 Jun 2002 | 24 Years 4 Months | Current |
| Arun Lath | Director | 17 Mar 2008 | 18 Years 7 Months | Current |
Peer comparison
New Rain Papers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bright Shaft Private Limited | ₹57.18 Cr (FY 2024) | 12528.0% | Ballabgarh, Haryana, India | |||
| Structural Solutions Private Limited | ₹57.18 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Bioaide Technologies Private Limited | ₹57.18 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Shree Siddhivinayak Tatva Private Limited | ₹57.17 Cr (FY 2025) | -19.0% | Asansol, West Bengal, India | |||
| Maharashtraauto Stampings Private Limited | ₹57.16 Cr (FY 2025) | -3.0% | Pune, Maharashtra, India | |||
| New Rain Papers Private Limitedthis company | ₹57.16 Cr (FY 2024) | ₹19.28 Lakh | 0.3% | 9.0% | Bangalore, Karnataka, India | |
| Evexia Lifecare Limited | ₹57.15 Cr (FY 2024) | -20.0% | Vadodara, Gujarat, India | |||
| Security Shoppe (India) Private Limited | ₹57.15 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Satyanarayan Dresses Private Limited | ₹57.15 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Nilpar International Private Limited | ₹57.14 Cr (FY 2024) | 51.0% | Ludhiana, Punjab, India | |||
| Ajinkya Marine Private Limited | ₹57.14 Cr (FY 2025) | 27.0% | Ratnagiri, Maharashtra, India |
To see the full peer comparison of New Rain Papers Private Limited, buy the company report.
Auditor
New Rain Papers Private Limited is audited by B S D & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S D & CO | FY 2023 | 000312S |
Shareholding
The shareholding of New Rain Papers 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 New Rain Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2024 | 100887884 | Others | ₹46.26 Cr | Open | |
| 02 May 2008 | 10109374 | Bank of India | ₹29.26 Cr | Satisfied | |
| 01 Jul 2003 | 90244710 | Bank of India | ₹4.25 Cr | Satisfied |
To see the full charge records of New Rain Papers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving New Rain Papers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
New Rain Papers Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 70 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nilkanth Logistics | |||
| Asia Pulp and Papers Private Limited |
To see the full MSME payment records of New Rain Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for New Rain Papers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Rain Papers Private Limited has 4 board changes on record since 2002: 3 appointments and 1 cessation. The latest: Rajeev Jhunjhunwala ceased to be Director on 09 Apr 2018.
3 earlier events are in the company report.
Frequently asked questions
New Rain Papers is an active private limited company based in Bangalore, Karnataka, India. The company works in other wholesale, within the trading industry. It was incorporated on 24 October 1994 (32+ years old) and is registered under CIN U51109KA1994PTC110970.
New Rain Papers has 3 current directors:
- Suresh Kumar Lath - Director
- Nikhil Lath - Director
- Arun Lath - Director
The latest financial statements of New Rain 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 CIN (Corporate Identification Number) of New Rain Papers is U51109KA1994PTC110970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Rain Papers was incorporated on 24 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of New Rain Papers by revenue are Bright Shaft Private Limited, Structural Solutions Private Limited, Bioaide Technologies Private Limited, Shree Siddhivinayak Tatva Private Limited, Maharashtraauto Stampings Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Rajeev Jhunjhunwala ceased to be Director on 09 Apr 2018. Suresh Kumar Lath was appointed as Director on 17 Nov 2008. Arun Lath was appointed as Director on 17 Mar 2008. New Rain Papers has 4 board changes on record in total.
Yes, New Rain Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0011501).
New Rain Papers has 2 MSME Form 1 returns on record between 2019 and 2020, listing 70 overdue payments to 2 micro and small suppliers. The latest return was filed on 21 Feb 2021.
The registered office of New Rain Papers is at 3rd Floor Pns Complex 2226A 4th Main, Banashankari 2nd Stage Bangalore, Karnataka, India – 560070.
New Rain Papers operates in the trading industry, in the other wholesale segment.
New Rain Papers has open charges of ₹46.26 Cr and satisfied charges of ₹33.51 Cr as per latest MCA filings.

