Skyblue Papers Private Limited
About Skyblue Papers Private Limited
Data last updated:
Skyblue Papers Private Limited is a private limited company based in Chandigarh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 06 March 2014.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21029CH2014PTC035005. Its GSTIN is 04AAUCS4028H1Z6 (Chandigarh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.35 Cr. It is led by directors Sahil Arora and Ashwani Soni.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at SCO 2461 Ff Sector 22 – C, Chandigarh, India – 160022.
As per the financials filed for FY 2017, the company reported a revenue of ₹7.3 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹1.91 Cr (net margin -26.1%) and EBITDA of -₹51.51 Lakh (EBITDA margin -7.1%).
As per MCA filings, the company has open charges of ₹16.4 Cr on record.
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- Registered AddressSCO 2461 Ff Sector 22 – C, Chandigarh, India – 160022
- 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 of Skyblue Papers Private Limited
The main business activity of Skyblue Papers 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
Verified entity values are shown only after access is granted.
Auditor Details of Skyblue Papers Private Limited
Skyblue Papers Private Limited is audited by SIMRIT & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SIMRIT & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Skyblue Papers Private Limited
Skyblue Papers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sahil Arora | Director | 06 Mar 2014 | 12 Years 7 Months | As last reported |
| Ashwani Soni | Director | 06 Mar 2014 | 12 Years 7 Months | As last reported |
Financials of Skyblue Papers Private Limited FY 2017 filings available
Skyblue Papers Private Limited reported revenue of ₹7.3 Cr (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Skyblue Papers Private Limited
Revenue fell 53% in the latest year. EBITDA fell 122% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Skyblue Papers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹7.3 Cr | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹51.51 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.91 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 of Skyblue Papers Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -7.1% | •••• | •••• |
| Net Profit Margin | -26.1% | •••• | •••• |
| 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 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 Skyblue Papers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Skyblue Papers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Skyblue Papers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2014 | Punjab National Bank | ₹4.4 Cr | Open |
| 03 Apr 2014 | Punjab National Bank | ₹8 Cr | Open |
| 03 Apr 2014 | Punjab National Bank | ₹4 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Skyblue Papers Private Limited
Skyblue Papers Private Limited has a workforce of 0 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Skyblue Papers Private Limited
Skyblue Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAUCS4028H1Z6 | Chandigarh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Skyblue Papers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Skyblue Papers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Skyblue Papers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Skyblue Papers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Skyblue Papers Private Limited
Frequently Asked Questions about Skyblue Papers Private Limited
Skyblue Papers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Skyblue Papers is a company under liquidation, formerly operating as a private limited company based in Chandigarh, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 06 March 2014 and is registered under CIN U21029CH2014PTC035005. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Skyblue Papers reported revenue of ₹7.3 Cr for FY 2017 (down 53% YoY).
Skyblue Papers has 2 current directors:
- Sahil Arora - Director
- Ashwani Soni - Director
Skyblue Papers reported a net loss of ₹1.91 Cr (net margin -26.1%) and EBITDA of -₹51.51 Lakh (EBITDA margin -7.1%) for FY 2017, as per its filed financial statements.
The CIN (Corporate Identification Number) of Skyblue Papers is U21029CH2014PTC035005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skyblue Papers has open charges of ₹16.4 Cr and no satisfied charges on record as per latest MCA filings.
Skyblue Papers was incorporated on 06 March 2014. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Skyblue Papers is at SCO 2461 Ff Sector 22 – C, Chandigarh, India – 160022.