
Papneel Private Limited
About Papneel Private Limited
Data last updated:
Papneel Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 03 October 2022.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2022PTC257603.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Papiya Bhan and Vishal Bhan.
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 24/B New Road, Kolkata, West Bengal, India – 700027.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.86 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Lakh (net margin -37%) and EBITDA of -₹1.06 Lakh (EBITDA margin -37%).
Company details
Contact details
Papneel Private Limited's registered office is in Kolkata, West Bengal.
- Registered Address24/B New Road, Kolkata, West Bengal, India – 700027
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
Business activity
The main business activity of Papneel is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Papneel Private Limited, buy the company report.
Financials of Papneel Private Limited
FY 2025 filings availablePapneel Private Limited reported revenue of ₹2.86 Lakh (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year. EBITDA rose 60% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹1.06 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.06 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
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -37% | |
| Net Profit Margin | -37% | |
| 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 Papneel Private Limited, buy the company report.
Board of directors of Papneel Private Limited
Papneel has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Papiya Bhan Also directs: Quantum Connections Private Limited | Director | 03 Oct 2022 | 4 Years 1 Months | Current |
| Vishal Bhan Also directs: Quantum Minerals & Metals Private Limited | Director | 03 Oct 2022 | 4 Years 1 Months | Current |
Peer comparison
Papneel Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanmughabalaji Enterrprises Private Limited | ₹2.87 Lakh (FY 2016) | Chennai, Tamil Nadu, India | ||||
| DHJ Consultancy Private Limited | ₹2.87 Lakh (FY 2021) | -50.0% | Gorakhpur, Uttar Pradesh, India | |||
| Maharashtra Coal Company Private Limited | ₹2.86 Lakh (FY 2024) | 0.0% | Nagpur, Maharashtra, India | |||
| Saswhizz Global Private Limited | ₹2.86 Lakh (FY 2021) | Lucknow, Uttar Pradesh, India | ||||
| S M Commodity Brokers Private Limited | ₹2.86 Lakh (FY 2025) | -64.0% | New Delhi, Delhi, India | |||
| Papneel Private Limitedthis company | ₹2.86 Lakh (FY 2024) | -₹1.06 Lakh | -37% | -91.0% | Kolkata, West Bengal, India | |
| Piece of Heaven (OPC) Private Limited | ₹2.86 Lakh (FY 2018) | Mumbai, Maharashtra, India | ||||
| Rich Life Style Private Limited | ₹2.86 Lakh (FY 2025) | 69.0% | Delhi, India | |||
| Raykart India Private Limited | ₹2.86 Lakh (FY 2022) | New Delhi, Delhi, India | ||||
| Divyapuja Private Limited | ₹2.86 Lakh (FY 2024) | 8.0% | Nagpur, Maharashtra, India | |||
| G&B Fashions Private Limited | ₹2.86 Lakh (FY 2025) | -82.0% | New Delhi, Delhi, India |
To see the full peer comparison of Papneel Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Papneel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Papneel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Papneel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Papneel Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Papiya Bhan was appointed as Director on 03 Oct 2022.
Frequently asked questions
Papneel is an active private limited company based in Kolkata, West Bengal, India. The company works in other services, within the business services industry. It was incorporated on 03 October 2022 (4+ years old) and is registered under CIN U74999WB2022PTC257603.
Papneel has 2 current directors:
- Papiya Bhan - Director
- Vishal Bhan - Director
The latest financial statements of Papneel 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 2023 are in the company report.
The CIN (Corporate Identification Number) of Papneel is U74999WB2022PTC257603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Papneel was incorporated on 03 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Papneel by revenue are Shanmughabalaji Enterrprises Private Limited, DHJ Consultancy Private Limited, Maharashtra Coal Company Private Limited, Saswhizz Global Private Limited, S M Commodity Brokers Private Limited and 5 more, all in the same principal business activity (retail trading).
Papiya Bhan was appointed as Director on 03 Oct 2022. Vishal Bhan was appointed as Director on 03 Oct 2022.
The registered office of Papneel is at 24B New Road, Kolkata, West Bengal, India – 700027.
Papneel operates in the business services industry, in the other services segment.
Papneel can be reached at its registered office: 24B New Road, Kolkata, West Bengal, India – 700027.
Papneel is registered under the jurisdiction of the Registrar of Companies (ROC), Kolkata.

