Rushikesh Paper Mills Private Limited

Rushikesh Paper Mills Private Limited - packaging in Kolhapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U21099PN2005PTC021579 Incorporated 23 November 2005 ROC Pune HQ Kolhapur, Maharashtra, India
Active Private Limited Company packaging MSME · Medium
Data last updated
Revenue · FY 2019
₹92,624
▼ 99% YoY
Net loss · FY 2019
₹4.14 Cr
Latest filing
EBITDA · FY 2019
-₹3.53 Cr
Latest filing
Authorised capital
₹6.5 Cr
Registered with MCA
Paid-up capital
₹6.09 Cr
Issued & subscribed
Open charges
₹12.62 Cr
Satisfied ₹12.2 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

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 The company has 1 GST registration on record, which is no longer active.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

CIN U21099PN2005PTC021579
Registration Number 021579
Incorporation Date 23 November 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-15-0028293

Recognitions & Rankings of Rushikesh Paper Mills

MSME (Udyam registered) Ministry of MSME
Category
Medium (2021-22)
Udyam number
UDYAM-MH-15-0028293

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 Address
    Gat No.309 A – 2 A/P – Uchagaon Gadmudshingi Hupari Road Opp P.W.D Workshop Tal – Kar, Veer, Kolhapur, Maharashtra, India – 416005
  • Industry
    Packaging, Laminated & Corrugated Packaging, Paper

To see the full contact details of Rushikesh Paper Mills Private Limited, buy the company report.

Comprehensive company report
Rushikesh Paper Mills Private Limited - 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood 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 available

Rushikesh Paper Mills Private Limited reported revenue of ₹92,624 (down 99% YoY) for FY 2019.

Revenue · FY 2019
₹92,624 ▼ 99%
Net loss · FY 2019
₹4.14 Cr
EBITDA · FY 2019
-₹3.53 Cr

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 91%
EBITDA CAGR growth
3 years · compounded
▼ 53%

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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 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
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sakharam Sahadu LandgeDirector23 Nov 200520 Years 11 MonthsCurrent
Rahul Sakharam LandageManaging Director23 Nov 200520 Years 11 MonthsCurrent

Auditor

Rushikesh Paper Mills Private Limited is audited by G P PATIL & CO for the financial year 2019.

Auditor firmFinancial yearFirm registration number
G P PATIL & COFY 2019116295W

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 categoryFY 2019FY 2018FY 2017FY 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

Open charges
₹12.62 Cr
Satisfied charges
₹12.2 Cr
Breakdown by lending institutions
Others₹12.40 Cr
The Cosmos Cooperative Bank Limited₹0.23 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2017100110010Others₹2 CrOpen
20 Oct 201410530592The Cosmos Cooperative Bank Limited₹22.5 LakhOpen
20 Oct 201410530594Others₹85 LakhOpen
20 Oct 201410530597Others₹1.67 CrOpen
03 Apr 201310417184Others₹7.88 CrOpen

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.

Total deals
4
Funding rounds
4
Disclosed funding
₹6.08 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Mar 2016Funding round₹3.04 CrInvestors: 3 individuals
Mar 2012Funding round₹88 LakhInvestors: 3 individuals
Feb 2008Funding round₹93.3 LakhInvestors: Sakharam Sahadu Landge HUF, 3 individuals
Jun 2006Funding round₹1.23 CrInvestors: 4 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

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.

Total GSTINs
1
Cancelled / inactive
1

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.

AGM
Rushikesh Paper Mills Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
Filing
Rushikesh Paper Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Pune.
Ceased
Asarabai Sakharam Landage ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100110010 was registered on 30 Jun 2017.
Charges
A charge with Others of Rs. 0.85 Cr registered on 20 Oct 2014 with Charge ID 10530594 was modified on 16 Mar 2017.
Charges
A charge with Others of Rs. 1.67 Cr registered on 20 Oct 2014 with Charge ID 10530597 was modified on 16 Mar 2017.
Charges
A charge with Others of Rs. 7.88 Cr registered on 03 Apr 2013 with Charge ID 10417184 was modified on 16 Mar 2017.
Charges
A charge with The Cosmos Cooperative Bank Limited amounted to Rs. 0.23 Cr with Charge ID 10530592 was registered on 20 Oct 2014.
Charges
A charge with Others amounted to Rs. 0.85 Cr with Charge ID 10530594 was registered on 20 Oct 2014.
Charges
A charge with Others amounted to Rs. 1.67 Cr with Charge ID 10530597 was registered on 20 Oct 2014.
Charges
A charge with Others amounted to Rs. 7.88 Cr with Charge ID 10417184 was registered on 03 Apr 2013.
Charges
A charge registered on 03 Nov 2010 via Charge ID 10251954 with State Bank Of India was fully satisfied on 03 Apr 2013.

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:

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).