Palak Paper Mill LLP
About Palak Paper Mill LLP
Data last updated:
Palak Paper Mill LLP is a limited liability partnership (LLP) based in Gor Khijadiya, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAK-8437. Its GSTIN is 24AAUFP9256H1ZL (Gujarat).
The LLP has a total obligation of contribution of ₹6 Cr. It is led by designated partners including Rameshbhai Bhagwanjibhai Marvania and Jill Kiritbhai Bhalodiya.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Gor Khijadiya, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹136.57 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹68.94 Lakh (net margin 0.5%) and EBITDA of ₹3.08 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 71% over five years.
The LLP has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹59.9 Cr on record.
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- Registered AddressS. No. 11P2/P1 Opp. Amreli Village Road Near Navlakhi Railway Crossing Tal. & D, Ist. Morbi, Gor Khijadiya, Gujarat, India – 363641
- IndustryManufacturing, Paper & Packaging Products
- 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
- One PDF report, delivered after checkout
Designated Partners of Palak Paper Mill LLP
Palak Paper Mill has 6 current designated partners and 8 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rameshbhai Bhagwanjibhai Marvania Also directs: Soham Papers Private Limited | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
| Jill Kiritbhai Bhalodiya | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
| Denish Marvaniya Also directs: Vedant Pack LLP | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
| Chirag Rameshbhai Marvaniya | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
| Aakashkumar Manharbhai Ghodasara | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
| Ravi Damjibhai Chaniyara | Designated Partner | 04 Jun 2020 | 6 Years 4 Months | Current |
Financials of Palak Paper Mill LLP FY 2025 filings available
Palak Paper Mill LLP reported revenue of ₹136.57 Cr (down 27% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Palak Paper Mill LLP
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 71%. EBITDA fell 45% 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 of Palak Paper Mill LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹136.57 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹68.94 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 Palak Paper Mill LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 Palak Paper Mill are in the company report.
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.
Ownership and Shareholding of Palak Paper Mill LLP
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 Palak Paper Mill LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2018 | Hdfc Bank Limited | ₹29.95 Cr | Open |
| 23 May 2018 | Hdfc Bank Limited | ₹29.95 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Palak Paper Mill LLP
Palak Paper Mill LLP has a workforce of 21 employees as of Nov 21, 2025.
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.
GST Compliance of Palak Paper Mill LLP
Palak Paper Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAUFP9256H1ZL | Gujarat | Active | 04 Dec 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Palak Paper Mill LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Palak Paper Mill LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Palak Paper Mill LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Palak Paper Mill LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Palak Paper Mill LLP
Frequently Asked Questions about Palak Paper Mill LLP
Palak Paper Mill is an active limited liability partnership based in Gor Khijadiya, Gujarat, India. The LLP works in paper and packaging products, within the manufacturing industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under LLPIN AAK-8437.
Palak Paper Mill reported revenue of ₹136.57 Cr for FY 2024 (down 27% YoY).
Palak Paper Mill has 6 current designated partners:
- Rameshbhai Bhagwanjibhai Marvania - Designated Partner
- Jill Kiritbhai Bhalodiya - Designated Partner
- Denish Marvaniya - Designated Partner
- Chirag Rameshbhai Marvaniya - Designated Partner
- Aakashkumar Manharbhai Ghodasara - Designated Partner
- Ravi Damjibhai Chaniyara - Designated Partner
Palak Paper Mill reported a net profit of ₹68.94 Lakh (net margin 0.5%) and EBITDA of ₹3.08 Cr (EBITDA margin 2.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Palak Paper Mill is -4% over three years and 71% over five years. In the latest year (FY 2024) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Palak Paper Mill is 24AAUFP9256H1ZL, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Palak Paper Mill is AAK-8437. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Palak Paper Mill was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Palak Paper Mill is at S. No. 11P2P1 Opp. Amreli Village Road Near Navlakhi Railway Crossing Tal. & D, Ist. Morbi, Gor Khijadiya, Gujarat, India – 363641.