- Category
- Medium (2021-22)
- Udyam number
- UDYAM-MH-15-0028293

Rushikesh Paper Mills Private Limited
About Rushikesh Paper Mills Private Limited
Data last updated:
Rushikesh Paper Mills Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the laminated and corrugated packaging segment of the packaging sector. It was incorporated on 23 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U21099PN2005PTC021579. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.09 Cr. It is led by directors Rahul Sakharam Landage (Managing Director) and Sakharam Sahadu Landge.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Kolhapur, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹92,624, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹4.14 Cr and EBITDA of -₹3.53 Cr. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years.
As per MCA filings, the company has open charges of ₹12.62 Cr and satisfied charges of ₹12.2 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 6 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹6.08 Cr; the latest was in March 2016.
Rushikesh Paper Mills Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0028293). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Rushikesh Paper Mills
Contact details
Rushikesh Paper Mills Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGat No.309 A – 2 A/P – Uchagaon Gadmudshingi Hupari Road Opp P.W.D Workshop Tal – Kar, Veer, Kolhapur, Maharashtra, India – 416005
- IndustryPackaging, Laminated & Corrugated Packaging, Paper
To see the full contact details of Rushikesh Paper Mills 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 activity of Rushikesh Paper Mills is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| 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 |
To see the full business activity and turnover split of Rushikesh Paper Mills Private Limited, buy the company report.
Financials of Rushikesh Paper Mills Private Limited
FY 2019 filings availableRushikesh Paper Mills Private Limited reported revenue of ₹92,624 (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 91% over three years, including a 99% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹92,624 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.14 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Rushikesh Paper Mills Private Limited, buy the company report.
Board of directors of Rushikesh Paper Mills Private Limited
Rushikesh Paper Mills has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakharam Sahadu Landge Also directs: RRL Paper Private Limited | Director | 23 Nov 2005 | 20 Years 11 Months | Current |
| Rahul Sakharam Landage Also directs: Heramba Offset Private Limited | Managing Director | 23 Nov 2005 | 20 Years 11 Months | Current |
Auditor
Rushikesh Paper Mills Private Limited is audited by G P PATIL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P PATIL & CO | FY 2019 | 116295W |
Shareholding
The shareholding of Rushikesh Paper Mills Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Rushikesh Paper Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2017 | 100110010 | Others | ₹2 Cr | Open | |
| 20 Oct 2014 | 10530592 | The Cosmos Cooperative Bank Limited | ₹22.5 Lakh | Open | |
| 20 Oct 2014 | 10530594 | Others | ₹85 Lakh | Open | |
| 20 Oct 2014 | 10530597 | Others | ₹1.67 Cr | Open | |
| 03 Apr 2013 | 10417184 | Others | ₹7.88 Cr | Open |
To see the full charge records of Rushikesh Paper Mills Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Rushikesh Paper Mills Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹6.08 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹3.04 Cr | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹88 Lakh | Investors: 3 individuals |
| Feb 2008 | Funding round | ₹93.3 Lakh | Investors: Sakharam Sahadu Landge HUF, 3 individuals |
| Jun 2006 | Funding round | ₹1.23 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rushikesh Paper Mills Private Limited has 13 court cases on record: 7 filed by Rushikesh Paper Mills, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 0 | 0 |
| District courts | 5 | 5 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Tellabs Chemicals Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against The Cosmos Co-Op. Bank Ltd. and Ors | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against The Cosmos Co-Op. Bank Ltd. and Ors | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Cosmos Co-Op. Bank Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Cosmos Co-Op. Bank Ltd. | Disposed |
To see the full case history of Rushikesh Paper Mills 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 Rushikesh Paper Mills Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rushikesh Paper Mills has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rushikesh Paper Mills Private Limited, buy the company report.
Recent activity
Rushikesh Paper Mills Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Asarabai Sakharam Landage ceased to be Director on 15 Jul 2018.
19 earlier events are in the company report.
Frequently asked questions
Rushikesh Paper Mills is an active private limited company based in Kolhapur, Maharashtra, India. The company works in laminated and corrugated packaging, within the packaging industry. It was incorporated on 23 November 2005 (21+ years old) and is registered under CIN U21099PN2005PTC021579.
Rushikesh Paper Mills has 2 current directors:
- Rahul Sakharam Landage - Managing Director
- Sakharam Sahadu Landge - Director
The latest financial statements of Rushikesh Paper Mills on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Rushikesh Paper Mills has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rushikesh Paper Mills is U21099PN2005PTC021579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushikesh Paper Mills has 13 court cases on record: 7 filed by the company and 6 filed against it. Most are in the high courts.
Rushikesh Paper Mills was incorporated on 23 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Rushikesh Paper Mills has 4 deals on record (4 funding rounds), with disclosed funding of ₹6.08 Cr; the latest was in March 2016.
Asarabai Sakharam Landage ceased to be Director on 15 Jul 2018. Hitendra Dhanji Shah ceased to be Director on 01 Jan 2012. Swati Rahul Landage ceased to be Director on 25 Mar 2010. Rushikesh Paper Mills has 8 board changes on record in total.
Yes, Rushikesh Paper Mills is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-15-0028293).

