- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0017403

About Sivaspapers Private Limited
Data last updated:
Sivaspapers Private Limited is a private limited company based in Tiruppur, Tamil Nadu, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 03 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U21000TZ2013PTC019554. Its GSTIN is 33AAECV4620J1ZF (Tamil Nadu).
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.9 Cr. It was formerly known as Vaitheswara Paper Mills Private Limited and Sivaskraaft Paper Mills Private Limited. It is led by directors including Chinnasamy Shanmugaraju (Managing Director) and Shanmugasundaram Arun Shwetha.
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 D.No.16 Mettukadai Kodumudi Road Muthur Kangeyam, Tiruppur, Tamil Nadu, India – 638105.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.62 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Cr (net margin 2.6%) and EBITDA of ₹6.35 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62.94 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹2.96 Cr; the latest was in January 2022. 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, 4 larger and 2 smaller; the largest is Debnath Kagaj Udyog Private Limited with revenue of ₹62.11 Cr.
Sivaspapers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0017403). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sivasidh.in.
Company details
Name history
Sivaspapers has undergone 3 name changes throughout its history. The company was previously known as Vaitheswara Paper Mills Private Limited, Sivaskraaft Paper Mills Private Limited, and Vaithieswara Kraft Paper Mills Private Limited. The current legal name is Sivaspapers Private Limited.
| Company Name | Status |
|---|---|
| Sivaspapers Private Limited | Current |
| Vaitheswara Paper Mills Private Limited | Previous |
| Sivaskraaft Paper Mills Private Limited | Previous |
| Vaithieswara Kraft Paper Mills Private Limited | Previous |
Recognitions & Rankings of Sivaspapers
Contact details
Sivaspapers Private Limited's registered office is in Tiruppur, Tamil Nadu. Its website is sivasidh.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD.No.16 Mettukadai Kodumudi Road Muthur Kangeyam, Tiruppur, Tamil Nadu, India – 638105
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Sivaspapers 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 Sivaspapers 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 Sivaspapers Private Limited, buy the company report.
Financials of Sivaspapers Private Limited
FY 2025 filings availableSivaspapers Private Limited reported revenue of ₹61.62 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 26% 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 | ₹6.35 Cr | ||||
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| Net Profit (PAT) | ₹1.6 Cr | ||||
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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 | 10.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Sivaspapers Private Limited, buy the company report.
Board of directors of Sivaspapers Private Limited
Sivaspapers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnasamy Shanmugaraju | Managing Director | 03 Jun 2013 | 13 Years 4 Months | Current |
| Shanmugasundaram Arun Shwetha Also directs: Roghit Spintex (India) Private Limited | Director | 23 Feb 2022 | 4 Years 8 Months | Current |
| Shanmugaraj Punitha | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
| Shanmugaraju Siva Sidhaarth | Director | 03 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Sivaspapers 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 |
|---|---|---|---|---|---|---|
| Debnath Kagaj Udyog Private Limited | ₹62.11 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Elysium Industries India Private Limited | ₹62.03 Cr (FY 2024) | -1.0% | Navsari, Gujarat, India | |||
| Ballavpur Paper Mfg. Limited | ₹61.78 Cr (FY 2024) | -37.0% | Kolkata, West Bengal, India | |||
| Om Shree Hari Paper Industries Private Limited | ₹61.64 Cr (FY 2025) | 31763.0% | Dindori, Maharashtra, India | |||
| Sivaspapers Private Limitedthis company | ₹61.62 Cr (FY 2025) | ₹1.6 Cr | 2.6% | 14.0% | 25 | Tiruppur, Tamil Nadu, India |
| Sri Andal Paper and Boards Private Limited | ₹61.51 Cr (FY 2024) | -8.0% | Erode, Tamil Nadu, India | |||
| Meenakshi Paper Mills Pvt Ltd | ₹61.25 Cr (FY 2025) | 66.0% | Ranga Reddy Dist. A.P, Telangana, India |
To see the full peer comparison of Sivaspapers Private Limited, buy the company report.
Auditor
Sivaspapers Private Limited is audited by LOGANATHAN & SIVASUBRAMANIAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LOGANATHAN & SIVASUBRAMANIAN | FY 2023 | 007362S |
Shareholding
The shareholding of Sivaspapers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sivaspapers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100934969 | City Union Bank Limited | ₹3 Cr | Open | |
| 26 Jul 2023 | 100771022 | City Union Bank Limited | ₹6.8 Cr | Open | |
| 24 Nov 2021 | 100532633 | City Union Bank Limited | ₹1.1 Cr | Open | |
| 04 Oct 2021 | 100496682 | Hdfc Bank Limited | ₹28.64 Lakh | Open | |
| 27 May 2019 | 100269891 | City Union Bank Limited | ₹75 Lakh | Open |
To see the full charge records of Sivaspapers Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Sivaspapers Private Limited has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹2.96 Cr; the latest was in January 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
| Mar 2021 | Rights issue | ₹1.6 Cr | Investors: 4 individuals |
| Mar 2019 | Rights issue | ₹81 Lakh | Investors: 3 individuals |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
To see the full deal history of Sivaspapers 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
Sivaspapers Private Limited has 4 court cases on record: 4 filed by Sivaspapers. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against M/S. Sun Papers Rep. by Its Partner P.Periyasamy and 2 others | Pending |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Sivaspapers 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 Sivaspapers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sivaspapers Private Limited has a workforce of 25 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Sivaspapers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECV4620J1ZF | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sivaspapers Private Limited, buy the company report.
Recent activity
Sivaspapers Private Limited has 10 board changes on record since 2013: 7 appointments and 3 cessations. The latest: Shanmugasundaram Arun Shwetha was appointed as Director on 23 Feb 2022.
14 earlier events are in the company report.
Frequently asked questions
Sivaspapers is an active private limited company based in Tiruppur, Tamil Nadu, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 03 June 2013 (13+ years old) and is registered under CIN U21000TZ2013PTC019554.
Sivaspapers has 4 current directors:
- Chinnasamy Shanmugaraju - Managing Director
- Shanmugasundaram Arun Shwetha - Director
- Shanmugaraj Punitha - Director
- Shanmugaraju Siva Sidhaarth - Director
The latest financial statements of Sivaspapers 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 Sivaspapers is 33AAECV4620J1ZF, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sivaspapers is U21000TZ2013PTC019554. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sivaspapers has 4 court cases on record: 4 filed by the company. 2 are pending. Most are in the district courts.
Sivaspapers was incorporated on 03 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sivaspapers has 8 deals on record (4 secondary share transfers, 3 rights issues, 1 funding round), with disclosed funding of ₹2.96 Cr; the latest was in January 2022.
The peers of Sivaspapers by revenue are Debnath Kagaj Udyog Private Limited, Elysium Industries India Private Limited, Ballavpur Paper Mfg. Limited, Om Shree Hari Paper Industries Private Limited, Sri Andal Paper and Boards 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).
Shanmugasundaram Arun Shwetha was appointed as Director on 23 Feb 2022. Iswaran Sumathi ceased to be Director on 20 Sep 2018. Karuppaiah Thirunavukkarasu ceased to be Director on 20 Sep 2018. Sivaspapers has 10 board changes on record in total.
Yes, Sivaspapers is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0017403).