- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-06-0000004

About Sapphire Papers Mill Private Limited
Data last updated:
Sapphire Papers Mill Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 13 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U21099WB2004PTC100681. Its GSTIN is 19AAICS6140A1ZK (West Bengal).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.41 Cr. It is led by directors including Bamdeb Saha and Sanjay Golecha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Leelashri Building Subhash Market George Mahabert School Road, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹114.77 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.81 Cr (net margin 5.1%) and EBITDA of ₹14.32 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 10% 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 ₹106.96 Cr and satisfied charges of ₹44.24 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 25 deals on record (19 secondary share transfers, 6 funding rounds), with disclosed funding of ₹16.04 Cr; the latest was in March 2024. Its 6 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 2 larger and 4 smaller; the largest is Mahadev Craft Papers Private Limited with revenue of ₹116.82 Cr.
Sapphire Papers Mill Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0000004). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sapphirepapers.com.
Recognitions & Rankings of Sapphire Papers Mill
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor Leelashri Building Subhash Market George Mahabert School Road, Siliguri, West Bengal, India – 734001
- IndustryManufacturing, Paper & Packaging Products
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Sapphire Papers Mill is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Sapphire Papers Mill Private Limited
FY 2024 filings availableSapphire Papers Mill Private Limited reported revenue of ₹114.77 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 5% growth in the latest year. EBITDA fell 5% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹14.32 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹5.81 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.5% | |
| Net Profit Margin | 5.1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sapphire Papers Mill are in the company report.
: available in the company report
Board of Directors of Sapphire Papers Mill Private Limited
Sapphire Papers Mill has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bamdeb Saha | Director | 30 Oct 2012 | 13 Years 11 Months | Current |
| Sanjay Golecha Also directs: Deesha Trade Endeavours Pvt. Ltd. | Director | 27 Aug 2011 | 15 Years 1 Months | Current |
| Shrenique Golecha Also directs: Deesha Trade Endeavours Pvt. Ltd. | Director | 03 Dec 2012 | 13 Years 10 Months | Current |
| Shashi Jain | Director | 01 Feb 2010 | 16 Years 8 Months | Current |
Peer Comparison
Sapphire Papers Mill Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahadev Craft Papers Private Limited | ₹116.82 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Mehesana, Gujarat, India |
| Sagar Paper Mills Private Limited | ₹116.28 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Muzaffarnagar, Uttar Pradesh, India |
| Sapphire Papers Mill Private Limited this company | ₹114.77 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Siliguri, West Bengal, India |
| Vishnupria Paper Mill Private Limited | ₹113.94 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Global Paper Industries Private Limited | ₹112.68 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Disa, Gujarat, India |
| Sardhana Papers Private Limited | ₹112.57 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Uttar Pradesh, India |
| Sattur Venkateshwara Paper Mills Private Limited | ₹112.41 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Sattur, Tamil Nadu, India |
Peers are the companies nearest to Sapphire Papers Mill by revenue, above and below it, in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Sapphire Papers Mill Private Limited is audited by M/S AJIT MANISH & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/S AJIT MANISH & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2025 | Others | ₹30 Cr | Open |
| 18 Nov 2021 | Hdfc Bank Limited | ₹42 Lakh | Open |
| 10 Jun 2020 | Hdfc Bank Limited | ₹76.54 Cr | Open |
| 29 Jul 2016 | State Bank of India | ₹3.8 Lakh | Satisfied |
| 12 May 2005 | State Bank of India | ₹44.2 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding
Sapphire Papers Mill Private Limited has 25 deals on record (19 secondary share transfers, 6 funding rounds), with disclosed funding of ₹16.04 Cr; the latest was in March 2024.
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Shashi Jain HUF, an individual Seller: Bhola Ram Papers & Power Private Limited , an individual |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Suresh Jain HUF, Satyatej Vyapar Private Limited, Naresh Jain HUF Seller: Mahabali Suppliers Private Limited , Jai Gopal Pariwahan Pvt Ltd , Jai Hanuman Sales Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Kamal Kumar Gangwal HUF, 3 individuals |
| Mar 2014 | Funding round | ₹4.63 Cr | Investors: Subhvani Suppliers Private Limited , Ranisati Merchandise Pvt Ltd , 2 individuals |
| Jun 2012 | Funding round | ₹25 Lakh | Investors: Deesha Trade Endeavours Pvt. Ltd. |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Sapphire Papers Mill Private Limited has 1 court case on record: 1 filed by Sapphire Papers Mill. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Writ petition | Filed by the company against The Union of India and Anr and 1 other | Disposed |
: available in 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.
Employees and EPFO Compliance
Sapphire Papers Mill Private Limited has a workforce of 90 employees as of Mar 31, 2024.
: available in the company report
Recent Activity
Sapphire Papers Mill Private Limited has 12 board changes on record since 2010: 4 appointments and 8 cessations. The latest: Shrenique Golecha was appointed as Director on 03 Dec 2012.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Sapphire Papers Mill has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAICS6140A1ZK | West Bengal | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Sapphire Papers Mill is an active private limited company based in Siliguri, West Bengal, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 13 December 2004 (22+ years old) and is registered under CIN U21099WB2004PTC100681.
Sapphire Papers Mill has 4 current directors:
- Bamdeb Saha - Director
- Sanjay Golecha - Director
- Shrenique Golecha - Director
- Shashi Jain - Director
The latest financial statements of Sapphire Papers Mill on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sapphire Papers Mill is 19AAICS6140A1ZK, registered in West Bengal.
The CIN (Corporate Identification Number) of Sapphire Papers Mill is U21099WB2004PTC100681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapphire Papers Mill has 1 court case on record: 1 filed by the company.
Sapphire Papers Mill was incorporated on 13 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
Sapphire Papers Mill has 25 deals on record (19 secondary share transfers, 6 funding rounds), with disclosed funding of ₹16.04 Cr; the latest was in March 2024.
The peers of Sapphire Papers Mill by revenue are Mahadev Craft Papers Private Limited, Sagar Paper Mills Private Limited, Vishnupria Paper Mill Private Limited, Global Paper Industries Private Limited, Sardhana Papers Private Limited and 1 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Shrenique Golecha was appointed as Director on 03 Dec 2012. Bamdeb Saha was appointed as Director on 30 Oct 2012. Sanjay Kumar Modi ceased to be Director on 29 Feb 2012. Sapphire Papers Mill has 12 board changes on record in total.
Yes, Sapphire Papers Mill is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-06-0000004).