About Resonance Paper Mill Private Limited
Data last updated:
Resonance Paper Mill Private Limited is a private limited company based in Lajjai, Gujarat, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 12 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21000GJ2015PTC082235. Its GSTIN is 24AAHCR2175F1ZI (Gujarat).
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6 Cr. It is led by directors Pravinbhai Bachubhai Mundadiya and Shaileshbhai Hirjibhai Mundadiya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at S. No. 666P2 Lajjai Chokadi Hadmatiya Road Tal. Tankara, Gujarat, India – 363641.
As per the financials filed for FY 2022, the company reported a revenue of ₹105.35 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹55.81 Lakh (net margin 0.5%) and EBITDA of ₹2.01 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 18% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.3 Cr and satisfied charges of ₹12.42 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in August 2018.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website resonancepapermill.com.
Company details
Contact details
Resonance Paper Mill Private Limited's registered office is in Lajjai, Gujarat. Its website is resonancepapermill.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS. No. 666P2 Lajjai Chokadi Hadmatiya Road Tal. Tankara, Gujarat, India – 363641
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Resonance Paper Mill 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
Financials of Resonance Paper Mill Private Limited
FY 2022 filings availableResonance Paper Mill Private Limited reported revenue of ₹105.35 Cr (up 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 20% growth in the latest year. EBITDA fell 11% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹105.35 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.81 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Resonance Paper Mill Private Limited, buy the company report.
Board of directors of Resonance Paper Mill Private Limited
Resonance Paper Mill 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 |
|---|---|---|---|---|
| Pravinbhai Bachubhai Mundadiya | Director | 12 Feb 2015 | 11 Years 9 Months | Current |
| Shaileshbhai Hirjibhai Mundadiya | Director | 12 Feb 2015 | 11 Years 9 Months | Current |
Auditor
Resonance Paper Mill Private Limited is audited by B . B. Kalaria & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B . B. Kalaria & Co. | FY 2022 | 127220W |
Shareholding
The shareholding of Resonance Paper Mill Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Resonance Paper Mill Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2020 | 100360172 | Axis Bank Limited | ₹18.3 Cr | Open | |
| 02 Jan 2016 | 10611598 | Others | ₹12.42 Cr | Satisfied |
To see the full charge records of Resonance Paper Mill Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Resonance Paper Mill Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in August 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2015 | Rights issue | ₹5.99 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Resonance Paper Mill Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Yash Harjivan Gami Partner of Radhika Papers LLP C A 75 00 000 | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Resonance Paper Mill 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.
Credit ratings & regulatory alerts
Resonance Paper Mill Private Limited was last rated by Crisil on 23 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 23 Sep 2020 |
To see the full credit ratings and regulatory alerts of Resonance Paper Mill Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Resonance Paper Mill Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Resonance Paper Mill Private Limited has a workforce of 10 employees on its EPFO records as of Mar 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 10 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Resonance Paper Mill Private Limited, buy the company report.
GST
Resonance Paper Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCR2175F1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Resonance Paper Mill Private Limited, buy the company report.
Recent activity
Resonance Paper Mill Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Suresh Ramgopal Agarwal ceased to be Director on 16 Nov 2021.
Frequently asked questions
Resonance Paper Mill is an active private limited company based in Lajjai, Gujarat, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 12 February 2015 (11+ years old) and is registered under CIN U21000GJ2015PTC082235.
Resonance Paper Mill has 2 current directors:
- Pravinbhai Bachubhai Mundadiya - Director
- Shaileshbhai Hirjibhai Mundadiya - Director
The latest financial statements of Resonance Paper Mill on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Resonance Paper Mill is 24AAHCR2175F1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Resonance Paper Mill is U21000GJ2015PTC082235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Resonance Paper Mill has 4 court cases on record: 4 filed against it. 1 is pending.
Resonance Paper Mill was incorporated on 12 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Resonance Paper Mill has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in August 2018.
Suresh Ramgopal Agarwal ceased to be Director on 16 Nov 2021. Pravinbhai Bachubhai Mundadiya was appointed as Director on 12 Feb 2015. Shaileshbhai Hirjibhai Mundadiya was appointed as Director on 12 Feb 2015.
Resonance Paper Mill can be reached through the website resonancepapermill.com. Its registered office is in Lajjai, Gujarat, India.
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