Riddhi Siddhi Recycle Paper LLP

Riddhi Siddhi Recycle Paper LLP - packaging in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
LLPIN AAP-4468 Incorporated 28 May 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Limited Liability Partnership packaging MSME · Medium
Data last updated
Revenue · FY 2023
₹54.5 Cr
▼ 68% YoY
Net loss · FY 2023
₹20.26 Cr
Net margin -37.2%
EBITDA · FY 2023
-₹11.65 Cr
EBITDA margin -21.4%
Contribution obligation
₹10 Lakh
As per LLP agreement
Open charges
₹38 Cr
Satisfied ₹38 Cr
LLP age
7 yrs
Est. 2019
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered

About Riddhi Siddhi Recycle Paper LLP

Data last updated:

Riddhi Siddhi Recycle Paper LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the paper, laminated and corrugated packaging segment of the packaging sector. It was incorporated on 28 May 2019 and has been in existence for over 7 years.

The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-4468. Its GSTIN is 24AAZFR8212L1ZJ (Gujarat).

The LLP has a total obligation of contribution of ₹10 Lakh. It is led by designated partners Manishkumar Bhagvandas Prajapati and Ketan Bhanuprasad Pandya.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 404 Atithi Annexe 1 Jain Society Opp. Pritamnagar Akhada Ellisbridge, Ahmedabad, Gujarat, India – 380006.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹54.5 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹20.26 Cr (net margin -37.2%) and EBITDA of -₹11.65 Cr (EBITDA margin -21.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

As per MCA filings, the LLP has open charges of ₹38 Cr and satisfied charges of ₹38 Cr on record. Court records list 3 cases involving the LLP, including 1 filed by the LLP and 2 filed against it.

Riddhi Siddhi Recycle Paper LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0001550).

Company details

LLPIN AAP-4468
Incorporation Date 28 May 2019
Total Obligation of Contribution ₹10 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-12-0001550
Key People
Manishkumar Bhagvandas Prajapati Designated Partner Ketan Bhanuprasad Pandya Designated Partner

Recognitions & Rankings of Riddhi Siddhi Recycle Paper

MSME (Udyam registered) Ministry of MSME
Category
Medium (2022-23)
Udyam number
UDYAM-GJ-12-0001550

Contact details

Riddhi Siddhi Recycle Paper LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.

  • Email
  • Registered Address
    404 Atithi Annexe 1 Jain Society Opp. Pritamnagar Akhada Ellisbridge, Ahmedabad, Gujarat, India – 380006
  • Industry
    Packaging, Paper, Laminated & Corrugated Packaging

To see the full contact details of Riddhi Siddhi Recycle Paper LLP, buy the company report.

Comprehensive company report
Riddhi Siddhi Recycle Paper LLP - one report that includes everything
  • 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
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Financials of Riddhi Siddhi Recycle Paper LLP

FY 2025 filings available

Riddhi Siddhi Recycle Paper LLP reported revenue of ₹54.5 Cr (down 68% YoY) for FY 2023.

Revenue · FY 2023
₹54.5 Cr ▼ 68%
Net loss · FY 2023
₹20.26 Cr margin -37.2%
EBITDA · FY 2023
-₹11.65 Cr margin -21.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 6%

Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 68% 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax-₹20.26 Cr
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
Net Profit Margin-37.2%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Riddhi Siddhi Recycle Paper LLP, buy the company report.

Designated partners of Riddhi Siddhi Recycle Paper LLP

Riddhi Siddhi Recycle Paper has 2 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Manishkumar Bhagvandas Prajapati
Also directs: Siddhivinayak Recycle Private Limited
Designated Partner01 Jul 20233 Years 3 MonthsCurrent
Ketan Bhanuprasad Pandya
Also directs: Riddhi Siddhi Paperkraft LLP, Siddhivinayak Recycle Private Limited, Shape of You Private Limited
Designated Partner28 May 20197 Years 5 MonthsCurrent
View all designated partners

Charges & borrowings

Open charges
₹38 Cr
Satisfied charges
₹38 Cr
Breakdown by lending institutions
Svc Cooperative Bank Limited₹38.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
09 Dec 2022100649085Svc Cooperative Bank Limited₹19 CrSatisfied
25 Aug 2022100646140Svc Cooperative Bank Limited₹19 CrSatisfied

To see the full charge records of Riddhi Siddhi Recycle Paper LLP, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Riddhi Siddhi Recycle Paper LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Riddhi Siddhi Recycle Paper has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAZFR8212L1ZJGujaratActive17 Jul 2019

To see the full GST registrations and return filing status of Riddhi Siddhi Recycle Paper LLP, buy the company report.

Recent activity

Riddhi Siddhi Recycle Paper LLP has 5 designated partner changes on record since 2019: 2 appointments and 3 cessations. The latest: Bhupesh Sanatkumar Shah ceased to be Designated Partner on 01 Jul 2023.

AGM
Riddhi Siddhi Recycle Paper Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Riddhi Siddhi Recycle Paper Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 09 Dec 2022 via Charge ID 100649085 with Svc Cooperative Bank Limited was fully satisfied on 19 Jan 2024.
Charges
A charge registered on 25 Aug 2022 via Charge ID 100646140 with Svc Cooperative Bank Limited was fully satisfied on 19 Jan 2024.
Ceased
Bhupesh Sanatkumar Shah ceased to be Designated Partner.
Ceased
Ketan Gunvantbhai Patel ceased to be Designated Partner.
Appointed
Manishkumar Bhagvandas Prajapati was appointed as Designated Partner.
Charges
A charge with Svc Cooperative Bank Limited amounted to Rs. 1,900.00 Lakh with Charge ID 100649085 was registered on 09 Dec 2022.
Charges
A charge with Svc Cooperative Bank Limited amounted to Rs. 1,900.00 Lakh with Charge ID 100646140 was registered on 25 Aug 2022.
Ceased
Shlok Radheshyam Paladia ceased to be Partner.
Appointed
Ketan Bhanuprasad Pandya was appointed as Designated Partner.
Incorporation
28 May 2019
Riddhi Siddhi Recycle Paper Llp was registered on 28 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.

Frequently asked questions

Riddhi Siddhi Recycle Paper is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in paper, laminated and corrugated packaging, within the packaging industry. It was incorporated on 28 May 2019 (7+ years old) and is registered under LLPIN AAP-4468.

Riddhi Siddhi Recycle Paper has 2 current designated partners:

The latest financial statements of Riddhi Siddhi Recycle Paper on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Riddhi Siddhi Recycle Paper is 24AAZFR8212L1ZJ, registered in Gujarat.

The LLPIN (Limited Liability Partnership Identification Number) of Riddhi Siddhi Recycle Paper is AAP-4468. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Riddhi Siddhi Recycle Paper has 3 court cases on record: 1 filed by the LLP and 2 filed against it. Most are in the nclt.

Riddhi Siddhi Recycle Paper was incorporated on 28 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Bhupesh Sanatkumar Shah ceased to be Designated Partner on 01 Jul 2023. Ketan Gunvantbhai Patel ceased to be Designated Partner on 01 Jul 2023. Manishkumar Bhagvandas Prajapati was appointed as Designated Partner on 01 Jul 2023. Riddhi Siddhi Recycle Paper has 5 designated partner changes on record in total.

Yes, Riddhi Siddhi Recycle Paper is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-12-0001550).

The registered office of Riddhi Siddhi Recycle Paper is at 404 Atithi Annexe 1 Jain Society Opp. Pritamnagar Akhada Ellisbridge, Ahmedabad, Gujarat, India – 380006.