Patel Stationers Private Limited
About Patel Stationers Private Limited
Data last updated:
Patel Stationers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paper and packaging products segment of the wood and timber products sector. It was incorporated on 06 March 1990.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U36991MH1990PTC055688. Its GSTIN is 24AAACP2477M1Z7 (Gujarat). The company held 6 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.01 Lakh. It was led by directors including Kirti Bhaidas Sanghvi and Bhowmik Harendra Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 302 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.02 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹35.51 Lakh (net margin -208.7%) and EBITDA of -₹34.21 Lakh (EBITDA margin -201%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 32% over five years.
As per MCA filings, the company had satisfied charges of ₹1.19 Cr on record. Court records list 15 cases involving the company, including 7 filed by the company and 8 filed against it.
Company details
Contact details
Patel Stationers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address302 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001
- IndustryWood, Paper & Paper Products, Wood & Wood Products, Furniture
To see the full contact details of Patel Stationers Private Limited, buy the company report.
- 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 Patel Stationers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Patel Stationers Private Limited, buy the company report.
Financials of Patel Stationers Private Limited
FY 2023 filings availablePatel Stationers Private Limited reported revenue of ₹17.02 Lakh (up 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 32%. 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹34.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹35.51 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -201% | ||||
| Net Profit Margin | -208.7% | ||||
| 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 Patel Stationers Private Limited, buy the company report.
Board of directors of Patel Stationers Private Limited
Patel Stationers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kirti Bhaidas Sanghvi Also directs: Hindustan Pencils Private Limited, Sanghvi Woods Private Limited, Umesh Pencils Processors Private Limited and 1 more | Director | 01 Jan 2003 | 23 Years 10 Months | As last reported |
| Bhowmik Harendra Sanghvi | Director | 15 Oct 1998 | 28 Years 0 Months | As last reported |
| Dhruman Kishore Sanghvi Also directs: Camco Stationers Private Limited, Apsara Plastics Pvt Ltd, Apsara Art Materials Pvt Ltd and 1 more | Director | 08 Sep 2022 | 4 Years 2 Months | As last reported |
Auditor
Patel Stationers Private Limited is audited by CHATURVEDI AND SHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI AND SHAH | FY 2017 | 101720W |
Shareholding
The shareholding of Patel Stationers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Patel Stationers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2001 | 90187899 | Union Bank of India | ₹1.16 Cr | Satisfied | |
| 16 Oct 1991 | 90188433 | The Saraswat Co-Operative Bank Ltd | ₹3 Lakh | Satisfied |
To see the full charge records of Patel Stationers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Patel Stationers Private Limited has 15 court cases on record: 7 filed by Patel Stationers, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 8 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, JAMMUKASHMIR | Writ petition | Filed by the company against Union of India Th Secretary Deptt of Revenue Ministry of Finance New Delhi and Others | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of in Come Tax -2 Mumbai | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax-2 Mumbai | Disposed |
To see the full case history of Patel Stationers 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
No delayed payments to MSME suppliers are on our record for Patel Stationers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patel Stationers Private Limited has 2 active EPFO establishments as of Apr 07, 2024.
GST
Patel Stationers has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP2477M1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Stationers Private Limited, buy the company report.
Recent activity
Patel Stationers Private Limited has 6 board changes on record since 1998: 3 appointments and 3 cessations. The latest: Kirti Bhaidas Sanghvi ceased to be Whole-Time Director on 21 Nov 2022.
1 earlier event is in the company report.
Frequently asked questions
Patel Stationers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Patel Stationers was a private limited company based in Mumbai, Maharashtra, India. The company worked in paper and paper products, within the wood industry. It was incorporated on 06 March 1990 and is registered under CIN U36991MH1990PTC055688. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Patel Stationers was incorporated on 06 March 1990. It is registered with the Registrar of Companies, Mumbai.
Patel Stationers had 3 directors:
- Kirti Bhaidas Sanghvi - Director
- Bhowmik Harendra Sanghvi - Director
- Dhruman Kishore Sanghvi - Director
The CIN (Corporate Identification Number) of Patel Stationers is U36991MH1990PTC055688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Patel Stationers is at 302 Himalaya House 79 Palton Road, Mumbai, Maharashtra, India – 400001.
The latest financial statements of Patel Stationers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Patel Stationers is 24AAACP2477M1Z7, registered in Gujarat. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
Patel Stationers operated in the wood industry, in the paper and paper products segment.
Patel Stationers has 15 court cases on record: 7 filed by the company and 8 filed against it. Most are in the high courts.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
