
Rajasthan Papsales Private Limited
About Rajasthan Papsales Private Limited
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Rajasthan Papsales Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 03 July 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21100MH1997PTC109181. Its GSTIN is 08AABCR9591B1Z8 (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹73 Lakh and a paid-up capital of ₹71.8 Lakh. It is led by directors Shyam Sunder Daga (Whole-Time Director) and Giriraj Ratan Daga.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.03 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹40,795 (net margin -0.1%) and EBITDA of -₹19.52 Lakh (EBITDA margin -4.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 36% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹4.75 Cr and satisfied charges of ₹3.75 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Rajasthan Papsales has one previous CIN (Corporate Identification Number): U21100MH2004PTC109181. The current CIN is U21100MH1997PTC109181, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21100MH1997PTC109181 | Current |
| U21100MH2004PTC109181 | Previous |
Contact details
Rajasthan Papsales Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressChatrapati Chawl Committee Sainath Sewa Mandal Tanaji Nagar Kurar Village Dhobighat Mal, Ad (East), Mumbai, Maharashtra, India – 400097
- IndustryFinancial Services, Financial Activities
To see the full contact details of Rajasthan Papsales 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 activities of Rajasthan Papsales are manufacturing and financial and insurance service. In detail, this covers wood and wood products, furniture, paper and paper products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Rajasthan Papsales Private Limited, buy the company report.
Financials of Rajasthan Papsales Private Limited
FY 2020 filings availableRajasthan Papsales Private Limited reported revenue of ₹4.03 Cr (down 73% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 73% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.03 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹40,795 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.8% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Rajasthan Papsales Private Limited, buy the company report.
Board of directors of Rajasthan Papsales Private Limited
Rajasthan Papsales has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Daga | Whole-Time Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Giriraj Ratan Daga | Director | 14 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Rajasthan Papsales Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rastogi Furnishers and Decorators Pvt. Ltd | ₹12.79 Cr (FY 2025) | 22.0% | Jaipur, Rajasthan, India | |||
| S.N.K.M.And Sons Timbers Private Limited | ₹12.77 Cr (FY 2017) | -25.0% | Tamil Nadu, India | |||
| Kantilal and Sons Woodworks Private Limited | ₹12.76 Cr (FY 2025) | -12.0% | Mumbai, Maharashtra, India | |||
| Pure Play Media Private Limited | ₹12.73 Cr (FY 2025) | -16.0% | Delhi, India | |||
| Vishnu Paper Products Private Limited | ₹12.7 Cr (FY 2025) | 7.0% | Puducherry, India | |||
| Bentwood Seating System Private Limited | ₹12.7 Cr (FY 2019) | -3.0% | Kolkata, West Bengal, India | |||
| Chhabria Textile Processors Private Limited | ₹12.69 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Fppi Private Limited | ₹12.69 Cr (FY 2025) | 76.0% | Vasai, Maharashtra, India | |||
| Kraftman Packaging Private Limited | ₹12.68 Cr (FY 2025) | 79.0% | Palwal, Haryana, India | |||
| Rajasthan Papsales Private Limitedthis company | ₹4.03 Cr (FY 2020) | -₹40,795 | -0.1% | -73.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rajasthan Papsales Private Limited, buy the company report.
Auditor
Rajasthan Papsales Private Limited is audited by M SABOO & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M SABOO & CO | FY 2020 | 108929W |
Shareholding
The shareholding of Rajasthan Papsales Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rajasthan Papsales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2016 | 10619260 | Bank of India | ₹4.75 Cr | Open | |
| 26 Aug 2011 | 10304497 | Hdfc Bank Limited | ₹2.3 Cr | Satisfied | |
| 06 Mar 2008 | 10096209 | Panjab National Bank | ₹1.25 Cr | Satisfied | |
| 28 Dec 2002 | 90152151 | State Bank of Travancoere | ₹20 Lakh | Satisfied |
To see the full charge records of Rajasthan Papsales Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Rajasthan Papsales Private Limited has 7 court cases on record: 7 filed against it. 5 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Execution petition | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Bajaj Finance | Pending |
To see the full case history of Rajasthan Papsales 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 Rajasthan Papsales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rajasthan Papsales has 2 subsidiary companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Coral Casual Wears Pvt Ltd | U17219WB1990PTC049247 | |
| Radha Krishna Buildtech Private Limited | U45201DL2004PTC127116 |
To see the full group structure of Rajasthan Papsales Private Limited, buy the company report.
GST
Rajasthan Papsales has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCR9591B1Z8 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajasthan Papsales Private Limited, buy the company report.
Recent activity
Rajasthan Papsales Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Giriraj Ratan Daga was appointed as Director on 14 May 2018.
2 earlier events are in the company report.
Frequently asked questions
Rajasthan Papsales is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 03 July 1997 (29+ years old) and is registered under CIN U21100MH1997PTC109181.
Rajasthan Papsales has 2 current directors:
- Shyam Sunder Daga - Whole-Time Director
- Giriraj Ratan Daga - Director
The latest financial statements of Rajasthan Papsales on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajasthan Papsales is 08AABCR9591B1Z8, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajasthan Papsales is U21100MH1997PTC109181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajasthan Papsales has 7 court cases on record: 7 filed against it. 5 are pending. Most are in the district courts.
Rajasthan Papsales was incorporated on 03 July 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rajasthan Papsales by revenue are Rastogi Furnishers and Decorators Pvt. Ltd, S.N.K.M.And Sons Timbers Private Limited, Kantilal and Sons Woodworks Private Limited, Pure Play Media Private Limited, Vishnu Paper Products Private Limited and 4 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Giriraj Ratan Daga was appointed as Director on 14 May 2018. Krishna Devi Daga ceased to be Whole-Time Director on 14 May 2018. Shyam Sunder Daga was appointed as Whole-Time Director on 30 Sep 2004.
The registered office of Rajasthan Papsales is at Chatrapati Chawl Committee Sainath Sewa Mandal Tanaji Nagar Kurar Village Dhobighat Mal, Ad East, Mumbai, Maharashtra, India – 400097.
Rajasthan Papsales operates in the financial services industry, in the financial activities segment.

