Nice Papers Limited - Company Profile

It is a manufacturing public limited company based in Nagpur, Maharashtra, India, established in 1991.
1991 Nagpur, Maharashtra, India Active
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About Nice Papers Limited

Nice Papers Limited, a active public limited company, was established on 28 August 1991 in Nagpur, Maharashtra, India. Engaging in paper & packaging products within the manufacturing sector, it holds CIN: U21090MH1991PLC063114. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.25 Cr and a paid-up capital of ₹1.50 Cr.

It upholds a compliant status. Employing 32 professional, Its leadership includes Vishal Manorrao Gorle (Director), Kishor Bhimji Patel (Director), Rajesh Bhimji Patel (Managing Director). Past directors included Sumer Jaikumar Kalamkar, Vishal Manorrao Gorle, Kishor Bhimji Patel. It holds no open charges and ₹11.80 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at S No. 2 Ramkrish App. Chapru Chowk,, Lakadganj, Nagpur, Maharashtra, 440008.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U21090MH1991PLC063114

  • Registration Number

    063114

  • Incorporation Date

    28 August 1991

  • Authorized Capital

    ₹2.25 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 11.80 Cr
  • Revenue Growth **** -19.50%
  • Profit Growth **** -3633.05%
  • Ebitda **** -103.60%
  • Net Worth -7071.72%
  • Total Assets -32.45%
Company report

Nice Papers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nice Papers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nice Papers Limited?
Current Directors
Name Designation Appointment Date Status
Vishal Manorrao Gorle Director 11 Nov 2016 Current
Kishor Bhimji Patel Director 25 Dec 2017 Current
Rajesh Bhimji Patel Managing Director 10 Aug 2015 Current
Umesh Panchan Patel Whole-Time Director 10 Aug 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jan 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 01 Jan 2017 Past
Pramod Abcsdd Whole-Time Director 25 Aug 2015 Past
Pramod Abcsdd Director 15 Dec 2017 Past

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Financial Performance of Nice Papers.

Nice Papers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.5% decrease. The company also saw a substantial fall in profitability, with a 3633.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 7071.72%.

Nice Papers revenue growth over time
Nice Papers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -19.50%
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Revenue from Operations
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 -19.43%
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*******
*******
Total Assets
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 -32.45%
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Profit or Loss
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 -3633.05%
*******
*******
*******
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Net Worth
*******
 -7071.72%
*******
*******
*******
*******
EBITDA
*******
 -103.60%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nice Papers?

In 2023, Nice Papers had a promoter holding of 64.69% and a public holding of 35.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹117,954,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 6.38 Cr
  • Oriental Bank Of Commerce : 2.46 Cr
  • The United Western Bank Ltd. : 1.52 Cr
  • The Maharashtra State Finance Corporation : 0.70 Cr
  • Sicom Limited : 0.40 Cr
  • Others : 0.34 Cr
Latest Charge Details
Date Lender Amount Status
08 Jan 2022 Others ₹1.40 M Satisfied
12 Nov 2011 Axis Bank Limited ₹6.38 Cr Satisfied
10 Mar 2006 Oriental Bank Of Commerce ₹2.06 Cr Satisfied
30 Mar 2002 The United Western Bank Ltd. ₹1.52 Cr Satisfied
07 May 1996 Oriental Bank Of Commerce ₹2.00 M Satisfied

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How Many Employees Work at Nice Papers?

Nice Papers has a workforce of 32 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nice Papers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nice Papers's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nice Papers
Recent Activity within the Organization
  • Annual General Meeting

    The activity Nice Papers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Nice Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge registered on 12 Nov 2011 via Charge ID 10320228 with Axis Bank Limited was fully satisfied on 01 Mar 2025. was documented.

  • Charges

    Progress on A charge registered on 08 Jan 2022 via Charge ID 100526965 with Others was fully satisfied on 13 Jun 2024. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 6.38 Cr registered on 12 Nov 2011 with Charge ID 10320228 was modified on 04 Aug 2022. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100526965 was registered on 08 Jan 2022. was completed.

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Frequently Asked Questions
What is the CIN of Nice Papers Limited?

The CIN of Nice Papers Limited is U21090MH1991PLC063114.

Where is Nice Papers Limited headquartered?

Nice Papers Limited is headquartered at S No. 2 Ramkrish App. Chapru Chowk,, Lakadganj, Nagpur, Maharashtra, 440008.

When was Nice Papers Limited incorporated?

Nice Papers Limited was incorporated on 28 August 1991.

Who are the current directors of Nice Papers Limited?

The current directors of Nice Papers Limited are

What is the primary industry of Nice Papers Limited?

The primary industry of Nice Papers Limited is Manufacturing.

Is Nice Papers Limited a listed company?

Nice Papers Limited is unlisted.

What is the capital structure of Nice Papers Limited?

The authorized capital of Nice Papers Limited is ₹2.25 Cr, and the paid-up capital is ₹1.50 Cr.

What is the compliance status of Nice Papers Limited?

The compliance status of Nice Papers Limited is Compliant.

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