MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0022996
North Wind Papers Private Limited
North Wind Papers Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹37.88 Cr
▲ 114% YoY
Net loss · FY 2025
₹56.9 Lakh
Net margin -1.5%
EBITDA · FY 2025
₹6.58 Cr
EBITDA margin 17.4%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹24.48 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
4
As per MCA filings
About North Wind Papers Private Limited
Data last updated:
North Wind Papers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 03 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2020PTC115268. Its GSTIN is 24AAHCN0674M1Z7 (Gujarat).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Vijay Natwarlal Patel and Hiren Amrutbhai Patel.
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 13th Floor – 1323 I Square Near Shukan Mall Cross Road Science City Road Sola, Ahmedabad, Gujarat, India – 380060.
As per the financials filed for FY 2025, the company reported a revenue of ₹37.88 Cr, a growth of 114% compared to the previous year. For the same year it recorded a net loss of ₹56.9 Lakh (net margin -1.5%) and EBITDA of ₹6.58 Cr (EBITDA margin 17.4%).
As per MCA filings, the company has open charges of ₹24.48 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 9 cases are pending.
North Wind Papers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0022996).
Company details
CIN U21000GJ2020PTC115268
Registration Number 115268
Incorporation Date 03 August 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0022996
Key People
Vijay Natwarlal Patel Director Hiren Amrutbhai Patel Director Tusharbhai Natavarlal Patel Director Recognitions & Rankings of North Wind Papers
Contact details
North Wind Papers Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13th Floor – 1323 I Square Near Shukan Mall Cross Road Science City Road Sola, Ahmedabad, Gujarat, India – 380060
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of North Wind Papers Private Limited, buy the company report.
Comprehensive company report
North Wind Papers Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of North Wind Papers is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of North Wind Papers Private Limited, buy the company report.
Financials of North Wind Papers Private Limited
FY 2025 filings availableNorth Wind Papers Private Limited reported revenue of ₹37.88 Cr (up 114% YoY) for FY 2025.
Revenue · FY 2025
₹37.88 Cr ▲ 114%
Net loss · FY 2025
₹56.9 Lakh margin -1.5%
EBITDA · FY 2025
₹6.58 Cr margin 17.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 114%
EBITDA CAGR growth
1 year
▲ 110%
Revenue rose 114% in the latest year. EBITDA rose 110% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | ||||
| Net Profit Margin | -1.5% | ||||
| 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 North Wind Papers Private Limited, buy the company report.
Board of directors of North Wind Papers Private Limited
North Wind Papers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Natwarlal Patel Also directs: SPM Engmech India) Private Limited | Director | 03 Aug 2020 | 6 Years 2 Months | Current |
| Hiren Amrutbhai Patel | Director | 10 Sep 2021 | 5 Years 1 Months | Current |
| Tusharbhai Natavarlal Patel Also directs: Shinokraft Papers Private Limited, North Wind Exim Private Limited | Director | 03 Aug 2020 | 6 Years 2 Months | Current |
| Mitulbhai Patel | Director | 14 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
North Wind Papers Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TLPC Packaging Private Limited | ₹38.32 Cr (FY 2024) | -7.0% | Delhi, India | |||
| Premier Paper Packaging Private Limited | ₹38.29 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Amaravathi Sri Venkatesa Paper Mills Limited | ₹38.28 Cr (FY 2017) | 65.0% | Udumalpet, Tamil Nadu, India | |||
| RVN Paper & Boards Private Limited | ₹37.92 Cr (FY 2024) | -26.0% | Mumbai, Maharashtra, India | |||
| North Wind Papers Private Limitedthis company | ₹37.88 Cr (FY 2025) | -₹56.9 Lakh | -1.5% | 114.0% | Ahmedabad, Gujarat, India | |
| Prompt Industries Private Limited | ₹37.7 Cr (FY 2023) | 35.0% | Medak, Telangana, India | |||
| East West Products Limited | ₹37.55 Cr (FY 2025) | -71.0% | New Delhi, Delhi, India | |||
| Cholan Paper and Board Private Limited | ₹37.51 Cr (FY 2025) | -13.0% | Kancheepuram Dt, Tamil Nadu, India | |||
| Punjab Paper Mills Private Limited | ₹37.5 Cr (FY 2025) | 189.0% | Ludhiana, Punjab, India |
To see the full peer comparison of North Wind Papers Private Limited, buy the company report.
Auditor
North Wind Papers Private Limited is audited by D J P & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D J P & Co. | FY 2022 | 144387W |
Shareholding
The shareholding of North Wind Papers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of North Wind Papers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.48 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2022 | 100684811 | Karnataka Bank Ltd. | ₹24.48 Cr | Open |
Total charge records: 1 View all charges
Legal cases
North Wind Papers Private Limited has 10 court cases on record: 10 filed against it. 9 cases are pending and 1 is disposed.
Total cases
10
Filed against the company
10
Pending
9
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 9 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by M/S Eastern Bearings Pvt Ltd.(Through Its Ar Jatin Kumar) | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Sneh International Recycling Private Limited | Pending |
| District court, Sirmaur, Himachal Pradesh | Court case (Suit for Recovery) | Filed against the company by M/S Anmol Polymers Private Limited | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Darshan Satishbhai Shah Poa of Shree Hari Coal Corporation | Pending |
To see the full case history of North Wind Papers Private Limited, 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.
MSME payment delays
North Wind Papers Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 66 overdue payments to 23 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 (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Bhavin Traders |
To see the full MSME payment records of North Wind Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
North Wind Papers Private Limited has 1 active EPFO establishment as of Nov 25, 2024.
Active EPFO establishments
1
GST
North Wind Papers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN0674M1Z7 | Gujarat | Active | 11 Dec 2020 |
To see the full GST registrations and return filing status of North Wind Papers Private Limited, buy the company report.
Recent activity
North Wind Papers Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Hiren Amrutbhai Patel was appointed as Director on 10 Sep 2021.
AGM
North Wind Papers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
North Wind Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 24.48 Cr with Charge ID 100684811 was registered on 31 Dec 2022.
Appointed
Hiren Amrutbhai Patel was appointed as Director.
Appointed
Mitulbhai Patel was appointed as Director.
Appointed
Tusharbhai Natavarlal Patel was appointed as Director.
Appointed
Vijay Natwarlal Patel was appointed as Director.
Incorporation
03 Aug 2020
North Wind Papers Private Limited was registered on 03 Aug 2020 with Roc Ahmedabad & aged 6 years 2 months as per MCA records.
Frequently asked questions
North Wind Papers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 03 August 2020 (6+ years old) and is registered under CIN U21000GJ2020PTC115268.
North Wind Papers has 4 current directors:
- Vijay Natwarlal Patel - Director
- Hiren Amrutbhai Patel - Director
- Tusharbhai Natavarlal Patel - Director
- Mitulbhai Patel - Director
The latest financial statements of North Wind 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 FY 2021 are in the company report.
The GSTIN of North Wind Papers is 24AAHCN0674M1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of North Wind Papers is U21000GJ2020PTC115268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
North Wind Papers has 10 court cases on record: 10 filed against it. 9 are pending.
North Wind Papers was incorporated on 03 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of North Wind Papers by revenue are TLPC Packaging Private Limited, Premier Paper Packaging Private Limited, Amaravathi Sri Venkatesa Paper Mills Limited, RVN Paper & Boards Private Limited, Prompt Industries Private Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Hiren Amrutbhai Patel was appointed as Director on 10 Sep 2021. Mitulbhai Patel was appointed as Director on 14 Oct 2020. Tusharbhai Natavarlal Patel was appointed as Director on 03 Aug 2020. North Wind Papers has 4 board changes on record in total.
Yes, North Wind Papers is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0022996).
North Wind Papers has 4 MSME Form 1 returns on record for the period ending Sep 2022, listing 66 overdue payments to 23 micro and small suppliers. The latest return was filed on 16 Sep 2023.
The registered office of North Wind Papers is at 13th Floor – 1323 I Square Near Shukan Mall Cross Road Science City Road Sola, Ahmedabad, Gujarat, India – 380060.