MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-32-0000897
Nexa Papers LLP
Nexa Papers LLP - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹59.47 Cr
Latest filing
Net profit · FY 2023
₹28.83 Lakh
Net margin 0.5%
EBITDA · FY 2023
₹25.46 Lakh
EBITDA margin 0.4%
Contribution obligation
₹6 Cr
As per LLP agreement
Open charges
₹24.7 Cr
Satisfied ₹17.94 Cr
LLP age
9 yrs
Est. 2017
Employees · EPFO
9
Provident fund records
Designated partners
2
As per MCA filings
About Nexa Papers LLP
Data last updated:
Nexa Papers LLP is a limited liability partnership (LLP) based in Morbi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 19 July 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-0536. Its GSTIN is 24AAOFN2959B1Z9 (Gujarat).
The LLP has a total obligation of contribution of ₹6 Cr. It is led by designated partners Kishan Maganlal Zalawadiya and Vijaykumar Makanbhai Fultariya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Survey No. 11P1 Kandla Road Village: Gorkhijadiya, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹59.47 Cr. For the same year it recorded a net profit of ₹28.83 Lakh (net margin 0.5%) and EBITDA of ₹25.46 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The LLP has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹24.7 Cr and satisfied charges of ₹17.94 Cr on record. Court records list 6 cases involving the LLP, including 6 filed against it; 4 cases are pending.
Nexa Papers LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000897).
Company Details of Nexa Papers LLP
LLPIN AAK-0536
Incorporation Date 19 July 2017
Total Obligation of Contribution ₹6 Cr
ROC Ahmedabad
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000897
Key People
Kishan Maganlal Zalawadiya Designated Partner Vijaykumar Makanbhai Fultariya Designated Partner Recognitions & Rankings of Nexa Papers
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSurvey No. 11P1 Kandla Road Village: Gorkhijadiya, Morbi, Gujarat, India – 363641
- IndustryManufacturing, Paper & Packaging Products
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Financials of Nexa Papers LLP FY 2025 filings available
Nexa Papers LLP reported revenue of ₹59.47 Cr for FY 2023.
Revenue · FY 2023
₹59.47 Cr
Net profit · FY 2023
₹28.83 Lakh margin 0.5%
EBITDA · FY 2023
₹25.46 Lakh margin 0.4%
Compounded Annual Growth Rate (CAGR) of Nexa Papers LLP
Revenue CAGR growth
3 years · compounded
▼ 2%
EBITDA CAGR growth
3 years · compounded
▼ 56%
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years. 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 of Nexa Papers LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹59.47 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹28.83 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nexa Papers LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Nexa Papers are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Nexa Papers LLP
Nexa Papers has 2 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Maganlal Zalawadiya | Designated Partner | 19 Jul 2017 | 9 Years 3 Months | Current |
| Vijaykumar Makanbhai Fultariya | Designated Partner | 19 Jul 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Nexa Papers LLP
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nexa Papers LLP
Open charges
₹24.7 Cr
Satisfied charges
₹17.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2021 | Hdfc Bank Limited | ₹24.7 Cr | Open |
| 23 Oct 2018 | Saurashtra Gramin Bank | ₹17.94 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Nexa Papers LLP
Nexa Papers LLP has 6 court cases on record: 6 filed against it. 4 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Total cases
6
Filed against the company
6
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 4 |
| District courts | 2 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
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Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
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Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nexa Papers LLP
Nexa Papers LLP has a workforce of 9 employees as of Dec 16, 2024.
Employee count
9
Active EPFO establishments
1
Employee growth
-10%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nexa Papers LLP
Nexa Papers LLP has 6 designated partner changes on record since 2017: 5 appointments and 1 cessation. The latest: Makanbhai Manilal Patel ceased to be Partner on 15 Dec 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 24.70 Cr registered on 10 Dec 2021 with Charge ID 100517728 was modified on 18 Nov 2025.
AGM
Nexa Papers Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Nexa Papers Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Makanbhai Manilal Patel ceased to be Partner.
Charges
A charge registered on 23 Oct 2018 via Charge ID 100215994 with Saurashtra Gramin Bank was fully satisfied on 30 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.70 Cr with Charge ID 100517728 was registered on 10 Dec 2021.
Charges
A charge with Saurashtra Gramin Bank of Rs. 17.94 Cr registered on 23 Oct 2018 with Charge ID 100215994 was modified on 31 Aug 2020.
Charges
A charge with Saurashtra Gramin Bank amounted to Rs. 17.94 Cr with Charge ID 100215994 was registered on 23 Oct 2018.
Appointed
Mahendra Narottambhai Katharotiya was appointed as Partner.
Appointed
Rajesh Makanbhai Fultariya was appointed as Partner.
Appointed
Vijay Dharamshibhai Moradiya was appointed as Partner.
Appointed
Kishan Maganlal Zalawadiya was appointed as Designated Partner.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nexa Papers LLP
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
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- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nexa Papers LLP
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Nexa Papers LLP
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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Verified entity values are shown only after access is granted.
GST Compliance of Nexa Papers LLP
Nexa Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOFN2959B1Z9 | Gujarat | Active | 03 Apr 2018 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Nexa Papers LLP
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Frequently Asked Questions about Nexa Papers LLP
Nexa Papers is an active limited liability partnership based in Morbi, Gujarat, India. The LLP works in paper and packaging products, within the manufacturing industry. It was incorporated on 19 July 2017 (9+ years old) and is registered under LLPIN AAK-0536.
Nexa Papers reported revenue of ₹59.47 Cr for FY 2023.
Nexa Papers has 2 current designated partners:
- Kishan Maganlal Zalawadiya - Designated Partner
- Vijaykumar Makanbhai Fultariya - Designated Partner
Nexa Papers reported a net profit of ₹28.83 Lakh (net margin 0.5%) and EBITDA of ₹25.46 Lakh (EBITDA margin 0.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nexa Papers is -2% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nexa Papers is 24AAOFN2959B1Z9, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Nexa Papers is AAK-0536. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Nexa Papers has 6 court cases on record: 6 filed against it. 4 are pending. Most are in the nclat.
Nexa Papers was incorporated on 19 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Makanbhai Manilal Patel ceased to be Partner on 15 Dec 2023. Mahendra Narottambhai Katharotiya was appointed as Partner on 10 May 2018. Rajesh Makanbhai Fultariya was appointed as Partner on 10 May 2018. Nexa Papers has 6 designated partner changes on record in total.