Orazone Paper Private Limited

Orazone Paper Private Limited - manufacturing in Morbi, Gujarat, India. FY 2026 financials & compliance.
CIN U21000GJ2016PTC092699 Incorporated 28 June 2016 ROC Ahmedabad HQ Morbi, Gujarat, India
Active Private Limited Company manufacturing MSME · Medium
Revenue · FY 2024
₹91.25 Cr
▼ 22% YoY
Net profit · FY 2024
₹43.76 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹68.86 Lakh
EBITDA margin 0.8%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹25.53 Cr
Satisfied ₹26.23 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
19
Provident fund records

About Orazone Paper Private Limited

Data last updated:

Orazone Paper Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 28 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2016PTC092699. Its GSTIN is 24AACCO3366J1ZE (Gujarat).

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Sharadbhai Meghajibhai Vadsola and Kaushik Lalitbhai Vachhani.

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 Survey No. 386P2 & 386P3 Opp. Ramdoot Petrol Pump Pipli Road Village: Rangpar, Morbi, Gujarat, India – 363642.

As per the financials filed for FY 2024, the company reported a revenue of ₹91.25 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹43.76 Lakh (net margin 0.5%) and EBITDA of ₹68.86 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.

The company has about 19 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Orazone Paper. As per MCA filings, the company has open charges of ₹25.53 Cr and satisfied charges of ₹26.23 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2022. The company has 2 MSME Form 1 returns on record between 2018 and 2019, listing 67 overdue payments to 21 micro and small suppliers.

Orazone Paper Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0000071). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website orazonepaper.com.

Company details

CIN U21000GJ2016PTC092699
Registration Number 092699
Incorporation Date 28 June 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-32-0000071
Key People
Sharadbhai Meghajibhai Vadsola Director Kaushik Lalitbhai Vachhani Director Bipinbhai Meghajibhai Vadsola Director

Recognitions & Rankings of Orazone Paper

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-32-0000071

Contact details

Orazone Paper Private Limited's registered office is in Morbi, Gujarat. Its website is orazonepaper.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    orazonepaper.com
  • Registered Address
    Survey No. 386P2 & 386P3 Opp. Ramdoot Petrol Pump Pipli Road Village: Rangpar, Morbi, Gujarat, India – 363642
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Orazone Paper Private Limited, buy the company report.

Comprehensive company report
Orazone Paper 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
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Brands

Orazone Paper operates one associated brand: Orazone Paper. Each brand links to its own profile.

BrandDescriptionWebsite
Orazone Paper
Paper manufacturing and supply for industrial packaging in domestic and export markets.orazonepaper.com

Financials of Orazone Paper Private Limited

FY 2025 filings available

Orazone Paper Private Limited reported revenue of ₹91.25 Cr (down 22% YoY) for FY 2024.

Revenue · FY 2024
₹91.25 Cr ▼ 22%
Net profit · FY 2024
₹43.76 Lakh margin 0.5%
EBITDA · FY 2024
₹68.86 Lakh margin 0.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 6%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 45%
5 years · compounded
▼ 30%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 59% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹91.25 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹68.86 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹43.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin0.8%
Net Profit Margin0.5%
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 Orazone Paper Private Limited, buy the company report.

Board of directors of Orazone Paper Private Limited

Orazone Paper has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sharadbhai Meghajibhai Vadsola
Also directs: Orra Printpack LLP, Ozon Vitrified LLP
Director22 Sep 201610 Years 1 MonthsCurrent
Kaushik Lalitbhai VachhaniDirector22 Sep 201610 Years 1 MonthsCurrent
Bipinbhai Meghajibhai VadsolaDirector28 Jun 201610 Years 4 MonthsCurrent
View all directors

Auditor

Orazone Paper Private Limited is audited by PATEL SONI SHAH & CO. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
PATEL SONI SHAH & CO.FY 2024127904W

Shareholding

The shareholding of Orazone Paper Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Orazone Paper Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.53 Cr
Satisfied charges
₹26.23 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹25.53 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
03 Jul 2026101323453Hdfc Bank Limited₹2.59 CrOpen
09 Dec 2022100671238Hdfc Bank Limited₹22.94 CrOpen
13 Jan 2017100072566Others₹26.23 CrSatisfied

To see the full charge records of Orazone Paper Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Orazone Paper Private Limited has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2022.

Total deals
4
Secondary share transfers
2
Rights issue
1
Funding round
1
Disclosed funding
₹1.5 Cr

Deals on record (3 of 4)

WhenDealAmountParties
Nov 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: 4 individuals
Mar 2022Secondary share transferUndisclosedBuyer: Jayantilal Hansraj Vadsola Huf
Seller: an individual
Feb 2017Rights issue₹6.49 CrInvestors: 4 individuals

To see the full deal history of Orazone Paper Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Orazone Paper Private Limited was last rated by Crisil on 30 Apr 2020.

Rating agencyRated onRating
Crisil30 Apr 2020

To see the full credit ratings and regulatory alerts of Orazone Paper Private Limited, buy the company report.

MSME payment delays

Orazone Paper Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 67 overdue payments to 21 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 21)

SupplierAmount dueDue sinceReported on
Richards Chemicals and Electricals Private Limited
Shree Ashapura Coal and Minaral
M-Square Poly Industries
Across Bearing
CTC Impex (India) Private Limited

To see the full MSME payment records of Orazone Paper Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Orazone Paper Private Limited has a workforce of 19 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
19
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2719
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18

To see the full employee and EPFO history of Orazone Paper Private Limited, buy the company report.

GST

Orazone Paper has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AACCO3366J1ZEGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Orazone Paper Private Limited, buy the company report.

Recent activity

Orazone Paper Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Mukesh Babubhai Bhimani ceased to be Director on 11 Nov 2022.

Charges
A charge with Hdfc Bank Limited of Rs. 2.59 Cr registered on 03 Jul 2026 with Charge ID 101323453 was modified on 20 Jul 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.59 Cr with Charge ID 101323453 was registered on 03 Jul 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 22.94 Cr registered on 09 Dec 2022 with Charge ID 100671238 was modified on 20 Mar 2026.
AGM
Orazone Paper Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Orazone Paper Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Jan 2017 via Charge ID 100072566 with Others was fully satisfied on 23 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.94 Cr with Charge ID 100671238 was registered on 09 Dec 2022.
Ceased
Mukesh Babubhai Bhimani ceased to be Director.
Charges
A charge with Others of Rs. 26.23 Cr registered on 13 Jan 2017 with Charge ID 100072566 was modified on 28 Mar 2022.
Charges
A charge with Others amounted to Rs. 26.23 Cr with Charge ID 100072566 was registered on 13 Jan 2017.
Appointed
Kaushik Lalitbhai Vachhani was appointed as Director.
Appointed
Sharadbhai Meghajibhai Vadsola was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Orazone Paper is an active private limited company based in Morbi, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 28 June 2016 (10+ years old) and is registered under CIN U21000GJ2016PTC092699.

Orazone Paper has 3 current directors:

The latest financial statements of Orazone Paper 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 2017 are in the company report.

The GSTIN of Orazone Paper is 24AACCO3366J1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of Orazone Paper is U21000GJ2016PTC092699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Orazone Paper has 1 court case on record: 1 filed against it.

Orazone Paper was incorporated on 28 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Orazone Paper has 4 deals on record (2 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2022.

Mukesh Babubhai Bhimani ceased to be Director on 11 Nov 2022. Kaushik Lalitbhai Vachhani was appointed as Director on 22 Sep 2016. Sharadbhai Meghajibhai Vadsola was appointed as Director on 22 Sep 2016. Orazone Paper has 4 board changes on record in total.

Yes, Orazone Paper is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-32-0000071).

Orazone Paper has 2 MSME Form 1 returns on record between 2018 and 2019, listing 67 overdue payments to 21 micro and small suppliers. The latest return was filed on 10 Jun 2019.