MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-17-0003963
Shripaper Product (Indore) Private Limited
Shripaper Product (Indore) Private Limited - wood in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹220.24 Cr
▲ 108% YoY
Net profit · FY 2025
₹74.18 Lakh
Net margin 0.3%
EBITDA · FY 2025
₹15.31 Cr
EBITDA margin 7%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.43 Cr
Issued & subscribed
Open charges
₹100.05 Cr
Satisfied ₹18.5 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
65
Provident fund records
About Shripaper Product (Indore) Private Limited
Data last updated:
Shripaper Product (Indore) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the wood and wood products segment of the wood and timber products sector. It was incorporated on 20 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U21020MP2010PTC024366. Its GSTIN is 23AAPCS4213H1ZG (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.43 Cr. It is led by directors including Bhagwan Das Patel (Managing Director) and Satish Patel (Whole-Time Director).
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 500/1/11 Sanskar College Near Ramkrishna Bagh Dhar Road, Indore, Madhya Pradesh, India – 452009.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.24 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net profit of ₹74.18 Lakh (net margin 0.3%) and EBITDA of ₹15.31 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 27% over five years.
The company has about 65 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹100.05 Cr and satisfied charges of ₹18.5 Cr on record. The company has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.99 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, 3 larger and 3 smaller; the largest is Devrishi Papers Private Limited with revenue of ₹234.2 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2024, listing 26 overdue payments to 4 micro and small suppliers.
Shripaper Product (Indore) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0003963). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U21020MP2010PTC024366
Registration Number 024366
Incorporation Date 20 September 2010
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MP-17-0003963
Key People
Bhagwan Das Patel Managing Director Satish Patel Whole-Time Director Laxmi Kant Patel Director Recognitions & Rankings of Shripaper Product (Indore)
Contact details
Shripaper Product (Indore) Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address500/1/11 Sanskar College Near Ramkrishna Bagh Dhar Road, Indore, Madhya Pradesh, India – 452009
- IndustryWood, Wood & Wood Products, Furniture, Paper & Paper Products
To see the full contact details of Shripaper Product (Indore) Private Limited, buy the company report.
Comprehensive company report
Shripaper Product (Indore) 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 Shripaper Product (Indore) 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 Shripaper Product (Indore) Private Limited, buy the company report.
Financials of Shripaper Product (Indore) Private Limited
FY 2025 filings availableShripaper Product (Indore) Private Limited reported revenue of ₹220.24 Cr (up 108% YoY) for FY 2025.
Revenue · FY 2025
₹220.24 Cr ▲ 108%
Net profit · FY 2025
₹74.18 Lakh margin 0.3%
EBITDA · FY 2025
₹15.31 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 108%
3 years · compounded
▲ 26%
5 years · compounded
▲ 27%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 21%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 108% growth in the latest year. EBITDA rose 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹15.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.18 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shripaper Product (Indore) Private Limited, buy the company report.
Board of directors of Shripaper Product (Indore) Private Limited
Shripaper Product (Indore) has 9 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwan Das Patel | Managing Director | 05 Oct 2010 | 16 Years 0 Months | Current |
| Laxmi Kant Patel | Director | 31 May 2018 | 8 Years 4 Months | Current |
| Dilip Kumar Patel Also directs: Saniko (Ply) Industries Private Limited | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Dilip Patel | Director | 01 Apr 2018 | 8 Years 6 Months | Current |
| Sandeep Patel | Director | 31 May 2018 | 8 Years 4 Months | Current |
| Jitesh Patel | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Showing 6 of 9 current directors. View all directors
Peer comparison
Shripaper Product (Indore) Private Limited is compared with the 6 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), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devrishi Papers Private Limited | ₹234.2 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Godavari Pulp and Paper Mills Private Limited | ₹233.64 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Ramaa Shyama Papers and Energy Private Limited | ₹227.43 Cr (FY 2025) | 22.0% | Uttar Pradesh, India | |||
| Shripaper Product (Indore) Private Limitedthis company | ₹220.24 Cr (FY 2025) | ₹74.18 Lakh | 0.3% | 108.0% | 65 | Indore, Madhya Pradesh, India |
| Jagdhatri Papers Private Limited | ₹216.84 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Anand Triplex Board Private Limited | ₹213.39 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Shree Bhageshwari Papers Private Limited | ₹209 Cr (FY 2025) | 3.0% | Muzaffarnagar, Uttar Pradesh, India |
To see the full peer comparison of Shripaper Product (Indore) Private Limited, buy the company report.
Auditor
Shripaper Product (Indore) Private Limited is audited by Shah Ramesh & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Ramesh & Co. | FY 2025 | 025853C |
Shareholding
The shareholding of Shripaper Product (Indore) Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shripaper Product (Indore) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹100.05 Cr
Satisfied charges
₹18.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2022 | 100556471 | Yes Bank Limited | ₹28.36 Cr | Open | |
| 29 Dec 2021 | 100530280 | Axis Bank Limited | ₹71.69 Cr | Open | |
| 10 Jan 2014 | 10473700 | Madhya Pradesh Financial Corporation | ₹50 Lakh | Satisfied | |
| 22 Feb 2013 | 10411393 | Bank of India | ₹8 Cr | Satisfied | |
| 04 Aug 2012 | 10368747 | Madhya Pradesh Financial Corporation | ₹10 Cr | Satisfied |
To see the full charge records of Shripaper Product (Indore) Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shripaper Product (Indore) Private Limited has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.99 Cr; the latest was in March 2024.
Total deals
9
Secondary share transfers
5
Funding rounds
3
Rights issue
1
Disclosed funding
₹4.99 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Feb 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Feb 2021 | Rights issue | ₹8 Cr | Investors: 4 individuals |
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Shripaper Product (Indore) Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Shripaper Product (Indore) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Shripaper Product (Indore) Private Limited was last rated by Brickwork on 18 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 18 Oct 2021 |
To see the full credit ratings and regulatory alerts of Shripaper Product (Indore) Private Limited, buy the company report.
MSME payment delays
Shripaper Product (Indore) Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 26 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shripaper Product (Indore) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Shripaper Product (Indore) Private Limited has a workforce of 65 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
Employee count
65
Active EPFO establishments
1
Employee growth
-8.45%
GST
Shripaper Product (Indore) has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAPCS4213H1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AAPCS4213H2ZF | Madhya Pradesh | Active | 11 Apr 2019 |
To see the full GST registrations and return filing status of Shripaper Product (Indore) Private Limited, buy the company report.
Recent activity
Shripaper Product (Indore) Private Limited has 13 board changes on record since 2010: 11 appointments and 2 cessations. The latest: Laxmi Kant Patel was appointed as Director on 31 May 2018.
AGM
Shripaper Product (Indore) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shripaper Product (Indore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Axis Bank Limited of Rs. 71.69 Cr registered on 29 Dec 2021 with Charge ID 100530280 was modified on 17 Feb 2025.
Charges
A charge with Yes Bank Limited of Rs. 28.36 Cr registered on 18 Mar 2022 with Charge ID 100556471 was modified on 28 May 2024.
Charges
A charge with Yes Bank Limited amounted to Rs. 28.36 Cr with Charge ID 100556471 was registered on 18 Mar 2022.
Charges
A charge registered on 22 Feb 2013 via Charge ID 10411393 with Bank Of India was fully satisfied on 14 Feb 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 71.69 Cr with Charge ID 100530280 was registered on 29 Dec 2021.
Charges
A charge with Bank Of India of Rs. 8.00 Cr registered on 22 Feb 2013 with Charge ID 10411393 was modified on 04 Dec 2019.
Appointed
Laxmi Kant Patel was appointed as Director.
Appointed
Sandeep Patel was appointed as Director.
Appointed
Dilip Kumar Patel was appointed as Director.
Appointed
Dilip Patel was appointed as Director.
15 earlier events are in the company report.
Frequently asked questions
Shripaper Product (Indore) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in wood and wood products, within the wood industry. It was incorporated on 20 September 2010 (16+ years old) and is registered under CIN U21020MP2010PTC024366.
Shripaper Product (Indore) has 9 current directors:
- Bhagwan Das Patel - Managing Director
- Satish Patel - Whole-Time Director
- Laxmi Kant Patel - Director
- Dilip Kumar Patel - Director
- Dilip Patel - Director
- Sandeep Patel - Director
- Jitesh Patel - Director
- Himmat Lal Patel - Director
- Ramesh Patel - Director
The latest financial statements of Shripaper Product (Indore) 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 Shripaper Product (Indore) is 23AAPCS4213H1ZG, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AAPCS4213H2ZF (Madhya Pradesh).
The CIN (Corporate Identification Number) of Shripaper Product (Indore) is U21020MP2010PTC024366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shripaper Product (Indore) was incorporated on 20 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Shripaper Product (Indore) has 9 deals on record (5 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹4.99 Cr; the latest was in March 2024.
The peers of Shripaper Product (Indore) by revenue are Devrishi Papers Private Limited, Godavari Pulp and Paper Mills Private Limited, Ramaa Shyama Papers and Energy Private Limited, Jagdhatri Papers Private Limited, Anand Triplex Board 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).
Laxmi Kant Patel was appointed as Director on 31 May 2018. Sandeep Patel was appointed as Director on 31 May 2018. Dilip Kumar Patel was appointed as Director on 01 Apr 2018. Shripaper Product (Indore) has 13 board changes on record in total.
Yes, Shripaper Product (Indore) is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-17-0003963).
Shripaper Product (Indore) has 13 MSME Form 1 returns on record between 2019 and 2024, listing 26 overdue payments to 4 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Shripaper Product (Indore) is at 500111 Sanskar College Near Ramkrishna Bagh Dhar Road, Indore, Madhya Pradesh, India – 452009.