
Pavan Poplar Limited
About Pavan Poplar Limited
Data last updated:
Pavan Poplar Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Itc Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 27 March 1995.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01100MH1995PLC128849. Its GSTIN is 05AAACP5774D1ZK (Uttarakhand).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.51 Cr. It is led by directors including Surendra Kumar Sipani and Sib Sankar Bandyopadhyay.
Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Indian Mercantile Chambersramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.1 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹3.17 Lakh (net margin -17.5%) and EBITDA of -₹3.13 Lakh (EBITDA margin -17.3%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 22% over five years.
Court records list 5 cases involving the company, including 5 filed by the company.
Company details
CIN history
Pavan Poplar has one previous CIN (Corporate Identification Number): L01100MH2000PLC128849. The current CIN is U01100MH1995PLC128849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01100MH1995PLC128849 | Current |
| L01100MH2000PLC128849 | Previous |
Contact details
Pavan Poplar Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressIndian Mercantile Chambersramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Pavan Poplar 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 Pavan Poplar is agriculture, forestry, fishing. In detail, this covers production of crops and animals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production of crops and animals |
To see the full business activity and turnover split of Pavan Poplar Limited, buy the company report.
Financials of Pavan Poplar Limited
FY 2025 filings availablePavan Poplar Limited reported revenue of ₹18.1 Lakh (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 33% growth in the latest year. EBITDA rose 1% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.13 Lakh | ||||
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| Net Profit (PAT) | -₹3.17 Lakh | ||||
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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 | -17.3% | ||||
| Net Profit Margin | -17.5% | ||||
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To see the full financial statements and ratios of Pavan Poplar Limited, buy the company report.
Board of directors of Pavan Poplar Limited
Pavan Poplar has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Sipani | Director | 20 Feb 2009 | 17 Years 8 Months | As last reported |
| Sib Sankar Bandyopadhyay | Director | 18 Dec 2017 | 8 Years 10 Months | As last reported |
| Suneel Kumar Pandey | Director | 18 Dec 2017 | 8 Years 10 Months | As last reported |
| Dilipkumar Natvarlal Jagad Also directs: Excel Restructuring Advisory LLP | Irp/Rp/Liquidator | 19 Aug 2025 | 1 Years 2 Months | As last reported |
Auditor
Pavan Poplar Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2021 | 302009E |
Shareholding
The shareholding of Pavan Poplar Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pavan Poplar Limited, buy the company report.
Legal cases
Pavan Poplar Limited has 5 court cases on record: 5 filed by Pavan Poplar. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udham Singh Nagar, Uttarakhand | Interim or miscellaneous application | Filed by the company against State Government and 2 others | Disposed |
| High Court, UTTARAKHAND | Court case (SPA) | Filed by the company against State of Uttarakhand and 5 others | Disposed |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against individuals | Disposed |
| District court, Udham Singh Nagar, Uttarakhand | Court case (Original Civil Suits) | Filed by the company against Collector Udham Singh Nagar Others | Disposed |
| High Court, UTTARAKHAND | Court case (WPMS) | Filed by the company against State and Others and 5 others | Disposed |
To see the full case history of Pavan Poplar 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 Pavan Poplar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pavan Poplar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACP5774D1ZK | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pavan Poplar Limited, buy the company report.
Recent activity
Pavan Poplar Limited has 18 board changes on record since 2007: 4 appointments and 14 cessations. The latest: Dilipkumar Natvarlal Jagad was appointed as Irp/Rp/Liquidator on 19 Aug 2025.
9 earlier events are in the company report.
Frequently asked questions
Pavan Poplar is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pavan Poplar is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 27 March 1995 and is registered under CIN U01100MH1995PLC128849. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pavan Poplar has 4 current directors:
- Surendra Kumar Sipani - Director
- Sib Sankar Bandyopadhyay - Director
- Suneel Kumar Pandey - Director
- Dilipkumar Natvarlal Jagad - Irp/Rp/Liquidator
The latest financial statements of Pavan Poplar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pavan Poplar is U01100MH1995PLC128849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pavan Poplar has 5 court cases on record: 5 filed by the company. Most are in the high courts.
Pavan Poplar was incorporated on 27 March 1995. It is registered with the Registrar of Companies, Mumbai.
Dilipkumar Natvarlal Jagad was appointed as Irp/Rp/Liquidator on 19 Aug 2025. Sib Sankar Bandyopadhyay ceased to be Additional Director on 29 Jun 2018. Suneel Kumar Pandey ceased to be Additional Director on 29 Jun 2018. Pavan Poplar has 18 board changes on record in total.
The registered office of Pavan Poplar is at Indian Mercantile Chambersramjibhai Kamani Marg Ballard Estate, Mumbai, Maharashtra, India – 400001.
The GSTIN of Pavan Poplar is 05AAACP5774D1ZK, registered in Uttarakhand.

