About Sabarmati Papers Private Limited
Data last updated:
Sabarmati Papers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the paper segment of the packaging sector. It was incorporated on 03 April 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U21019GJ1969PTC001572. Its GSTIN is 24AADCS0466Q1Z0 (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹2.86 Cr. It was formerly known as Sabarmati Industries Private Limited and Sabarmati Papers Limited. It is led by directors Chinmay Mahendrabhai Patel and Mahendrabhai Gopaldas Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 604 Aditya Near Sardar Patelseva Samaj Mithakhali Six Roads Ellisbridge, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹187.63 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹17.86 Lakh (net margin 0.1%) and EBITDA of ₹3.7 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.47 Cr and satisfied charges of ₹39.46 Cr on record. Court records list 141 cases involving the company, including 4 filed by the company and 137 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sabarmatipapers.com.
Company details
Name history
Sabarmati Papers has undergone 4 name changes throughout its history. The current legal name is Sabarmati Papers Private Limited.
| Company Name | Status |
|---|---|
| Sabarmati Papers Private Limited | Current |
| Sabarmati Industries Private Limited | Previous |
| Sabarmati Papers Limited | Previous |
| Sabarmati Papers Udyog Limited | Previous |
| Sabarmati Papers Udyog Private Limited | Previous |
Contact details
Sabarmati Papers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sabarmatipapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address604 Aditya Near Sardar Patelseva Samaj Mithakhali Six Roads Ellisbridge, Ahmedabad, Gujarat, India
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
To see the full contact details of Sabarmati Papers 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 Sabarmati Papers Private Limited
FY 2025 filings availableSabarmati Papers Private Limited reported revenue of ₹187.63 Cr (up 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 17% growth in the latest year. EBITDA fell 9% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹187.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.86 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| 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 Sabarmati Papers Private Limited, buy the company report.
Board of directors of Sabarmati Papers Private Limited
Sabarmati Papers has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinmay Mahendrabhai Patel Also directs: Harshmilan Tradelink Private Limited | Director | 23 Dec 2010 | 15 Years 10 Months | Current |
| Mahendrabhai Gopaldas Patel Also directs: Harshmilan Tradelink Private Limited | Director | 05 Feb 1987 | 39 Years 9 Months | Current |
Auditor
Sabarmati Papers Private Limited is audited by Chandulal M. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandulal M. Shah & Co. | FY 2023 | 101698W |
Shareholding
The shareholding of Sabarmati Papers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sabarmati Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2024 | 100878629 | Axis Bank Limited | ₹10.35 Lakh | Open | |
| 11 Sep 2023 | 100778959 | Axis Bank Limited | ₹22.37 Cr | Open | |
| 19 Dec 2011 | 10329305 | Others | ₹21.07 Cr | Satisfied | |
| 29 Oct 2010 | 10252035 | Bank of Baroda | ₹1 Cr | Satisfied | |
| 22 Feb 2006 | 80027895 | Bank of Baroda | ₹7.46 Cr | Satisfied |
To see the full charge records of Sabarmati Papers Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Sabarmati Papers Private Limited has 141 court cases on record: 4 filed by Sabarmati Papers, 137 filed against it. 2 cases are pending and 139 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 137 | 136 | 1 |
| High courts | 4 | 1 | 1 |
Cases on record (5 of 141)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed by the company against Singhal Industries, Meenakshiben Prop. of the Firm | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against The Assistant Commissioner of Income Tax, Circle 4( | Pending |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Krishna Trading Company, Owner- Hirenbhai Bipinbhai Vimawala | Disposed |
| District court, Mahesana, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Sabarmati Papers 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
Sabarmati Papers Private Limited was last rated by Brickwork on 17 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 Dec 2020 |
To see the full credit ratings and regulatory alerts of Sabarmati Papers Private Limited, buy the company report.
MSME payment delays
Sabarmati Papers Private Limited has 9 MSME Form 1 returns on record between 2018 and 2021, listing 171 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Baitakhal Plantations Private Limited | |||
| Rukhmini Coatings Private Limited | |||
| Ats Techno Limited | |||
| Vertex Chem Private Limited |
To see the full MSME payment records of Sabarmati Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Sabarmati Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0466Q1Z0 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sabarmati Papers Private Limited, buy the company report.
Recent activity
Sabarmati Papers Private Limited has 9 board changes on record since 1987: 2 appointments and 7 cessations. The latest: Mahendrabhai Gopaldas Patel ceased to be Managing Director on 31 Mar 2015.
32 earlier events are in the company report.
Frequently asked questions
Sabarmati Papers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in paper, within the packaging industry. It was incorporated on 03 April 1969 (57+ years old) and is registered under CIN U21019GJ1969PTC001572.
Sabarmati Papers has 2 current directors:
- Chinmay Mahendrabhai Patel - Director
- Mahendrabhai Gopaldas Patel - Director
The latest financial statements of Sabarmati Papers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sabarmati Papers is 24AADCS0466Q1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Sabarmati Papers is U21019GJ1969PTC001572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sabarmati Papers has 141 court cases on record: 4 filed by the company and 137 filed against it. 2 are pending. Most are in the district courts.
Sabarmati Papers was incorporated on 03 April 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahendrabhai Gopaldas Patel ceased to be Managing Director on 31 Mar 2015. Kanubhai Gopaldas Patel ceased to be Director on 15 Oct 2014. Shyamal Shivkumar Joshi ceased to be Director on 04 Sep 2013. Sabarmati Papers has 9 board changes on record in total.
Sabarmati Papers has 9 MSME Form 1 returns on record between 2018 and 2021, listing 171 overdue payments to 12 micro and small suppliers. The latest return was filed on 12 Nov 2021.
Sabarmati Papers can be reached through the website sabarmatipapers.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sabarmati Papers is at 604 Aditya Near Sardar Patelseva Samaj Mithakhali Six Roads Ellisbridge, Ahmedabad, Gujarat, India.
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