Nice Papers Limited Company Logo

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
Last Updated:

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 2024, with the balance sheet filed on 31 March 2024. It is based at S No. 2 Ramkrish App. Chapru Chowk,, Lakadganj, Nagpur, Maharashtra, 440008.

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 Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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.

Access Report Banner Element

Who are the key members and board of directors at Nice Papers Limited?

Current Directors

NameDesignationAppointment DateStatus
Vishal Manorrao GorleDirector11 Nov 2016Current
Kishor Bhimji PatelDirector25 Dec 2017Current
Rajesh Bhimji PatelManaging Director10 Aug 2015Current
Umesh Panchan PatelWhole-Time Director10 Aug 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector01 Jan 2017Past
Pramod AbcsddAdditional Director29 Sep 2017Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector01 Jan 2017Past
Pramod AbcsddWhole-Time Director25 Aug 2015Past
Pramod AbcsddDirector15 Dec 2017Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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
  • 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
-19.50%
Revenue from Operations
-19.43%
Total Assets
-32.45%
Profit or Loss
-3633.05%
Net Worth
-7071.72%
EBITDA
-103.60%

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 Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

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

DateLenderAmountStatus
08 Jan 2022Others₹1.40 MSatisfied
12 Nov 2011Axis Bank Limited₹6.38 CrSatisfied
10 Mar 2006Oriental Bank Of Commerce₹2.06 CrSatisfied
30 Mar 2002The United Western Bank Ltd.₹1.52 CrSatisfied
07 May 1996Oriental Bank Of Commerce₹2.00 MSatisfied

Explore comprehensive loan charge details -

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 growth trends for Nice Papers Limited

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.

Latest Updates, News, and FAQs on Nice Papers

Recent Activity within the Organization

  • 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.

  • Annual General Meeting

    Nice Papers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

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

  • Balance Sheet

    Progress on Nice Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. 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

    Progress on A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100526965 was registered on 08 Jan 2022. was documented.

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.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial