Rainbow Papers Limited - Company Profile

Q: Who are the current directors of Rainbow Papers Limited?

The current directors of Rainbow Papers Limited are Rahul Jamnaprasad Maheshwari, Ajaykumar Radheshyam Goenka, Aanal Nandik Trivedi, Kantibhai Hirabhai Patel, Abhilash Khimabhai Shakya, Shashikant N Thakkar, Shashikant Natverlal Thakar, Indrasinh Becharsinh Zala, Shashikant Natverlal Thakar.

It is a manufacturing public limited company based in Thaltej Ahmedabad, Gujarat, India, established in 1986.

1986 Thaltej Ahmedabad, Gujarat, India Converted to LLP

Last Updated: June 24, 2025

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About Rainbow Papers Limited

Rainbow Papers Limited, a converted to llp public limited company, was established on 04 July 1986 in Thaltej Ahmedabad, Gujarat, India. Engaging in paper & packaging products within the manufacturing sector, it holds CIN: L21010GJ1986PLC008772. Registered under ROC Roc Ahmedabad. it is listed on BSE: 523523. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹21.24 Cr.

Employing 944 professional, Its leadership includes Rahul Jamnaprasad Maheshwari (Whole-Time Director), Ajaykumar Radheshyam Goenka (Managing Director), Aanal Nandik Trivedi (Director). Past directors included Om Prakash Goyal, Champaklal Mafatlal Shah, Rahul Jamnaprasad Maheshwari. It holds no open charges and ₹1,753.77 Cr settled loans. Its latest AGM occurred on 28 September 2018, with the balance sheet filed on 31 March 2018. It is based at 801 Avdesh House 8Th Flooropp Guru Gobind Gurudwara Gandhinagar-Sarkhej Highway, Thaltej Ahmedabad, Gujarat, 380054.

Company Details

CIN/LLPIN
L21010GJ1986PLC008772
Registration Number
008772
Incorporation Date
04 July 1986
Authorized Capital
₹40.00 Cr
Paid-Up Capital
₹21.24 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 523523)
Company Status
Converted to LLP

Key Metrics

Authorised Capital ₹ 40.00 Cr as on 24-06-2025
Paid Up Capital ₹ 21.24 Cr as on 24-06-2025
Company Age 39 Year, 7 Months
Last Filing with ROC 31 Mar 2018
Satisfied Charges ₹ 1,753.77 Cr as on 24-06-2025
Revenue Growth **** -99.44% (FY 2018)
Profit Growth **** -17.32% (FY 2018)
Ebitda **** -228.83% (FY 2018)
Net Worth -1664.20% (FY 2018)
Total Assets -12.09% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Rainbow Papers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Rainbow Papers Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rahul Jamnaprasad Maheshwari	Whole-Time Director	30 Aug 2011	Current
Ajaykumar Radheshyam Goenka	Managing Director	21 Aug 2008	Current
Aanal Nandik Trivedi	Director	12 Aug 2014	Current
Kantibhai Hirabhai Patel	Director	12 Aug 2010	Current
Abhilash Khimabhai Shakya	Director	30 Dec 2015	Current
Shashikant Natverlal Thakar	Company Secretary	16 Jan 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	08 Oct 2008	Past
Pramod Abcsdd	Director	28 May 2010	Past
Pramod Abcsdd	Additional Director	27 Sep 2011	Past
Pramod Abcsdd	Director	26 Feb 2010	Past
Pramod Abcsdd	Director	02 Jul 2015	Past
Pramod Abcsdd	Company Secretary	05 Mar 2007	Past

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Financial Performance of Rainbow Papers.

Rainbow Papers Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.44% decrease. The company also saw a substantial fall in profitability, with a 17.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1664.2%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-99.44%

*******

Revenue from Operations

*******

-99.45%

*******

Total Assets

*******

-12.09%

*******

Profit or Loss

*******

-17.32%

*******

Net Worth

*******

-1664.20%

*******

EBITDA

*******

-228.83%

*******

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What is the Ownership and Shareholding Structure of Rainbow Papers?

In 2018, Rainbow Papers had a promoter holding of 13.37% and a public holding of 86.63%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17,537,698,384.00

Charges Breakdown by Lending Institutions

Indian Overseas Bank : 1162.35 Cr
Allahabad Bank : 145.00 Cr
Dena Bank : 113.00 Cr
Punjab National Bank : 100.00 Cr
Bank Of India : 75.00 Cr
Others : 158.42 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Apr 2015	Indian Overseas Bank	₹5.00 Cr	Satisfied
22 Oct 2014	Axis Bank Limited	₹9.00 Cr	Satisfied
09 Oct 2014	Indian Overseas Bank	₹5.00 Cr	Satisfied
25 Sep 2014	Axis Bank Limited	₹34.25 Cr	Satisfied
30 Jun 2014	Indian Overseas Bank	₹5.00 Cr	Satisfied

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How Many Employees Work at Rainbow Papers?

Rainbow Papers has a workforce of 944 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Rainbow Papers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rainbow Papers's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Rainbow Papers

Recent Activity within the Organization

Annual General Meeting

Progress on Rainbow Papers Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records. was documented.
28 Sep 2018
Balance Sheet

Progress on Rainbow Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad. was documented.
31 Mar 2018
Director Appointment

Shashikant Natverlal Thakar was appointed as a Company Secretary was appointed as a Company Secretary on 16 Jan 2016 & has been associated with this company since 10 years 23 days . was recorded as a recent event.
16 Jan 2016
Director Appointment

Shashikant Natverlal Thakar was appointed as a Company Secretary was appointed as a Company Secretary on 16 Jan 2016 & has been associated with this company since 10 years 23 days . was recorded as a recent event.
16 Jan 2016
Director Appointment

Abhilash Khimabhai Shakya was appointed as a Director was appointed as a Director on 30 Dec 2015 & has been associated with this company since 10 years 1 month . was recorded as a recent event.
30 Dec 2015
Charges

Progress on A charge registered on 07 Nov 2012 via Charge ID 10388819 with Hdfc Bank Limited was fully satisfied on 18 Oct 2015. was documented.
18 Oct 2015

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