- Udyam number
- UDYAM-TN-06-0000124

About Sreenivasa Balaji Papers Private Limited
Data last updated:
Sreenivasa Balaji Papers Private Limited is a private limited company based in Palani, Tamil Nadu, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 25 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U21012TZ2008PTC014422. Its GSTIN is 33AAMCS8435J1ZX (Tamil Nadu).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.74 Cr. It is led by directors Keerthana Ravichandran and Seenivasan Sridhar.
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 Sf No.231 Pechinaickanoor Muthunaickenpatti Post Narikalpatti Via, Palani, Tamil Nadu, India – 624618.
As per the financials filed for FY 2024, the company reported a revenue of ₹93.07 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 1.4%) and EBITDA of ₹6.78 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 190% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹57.09 Cr and satisfied charges of ₹23.05 Cr on record. Court records list 12 cases involving the company, including 10 filed by the company and 2 filed against it; 5 cases are pending.
Sreenivasa Balaji Papers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-06-0000124). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sreenivasabalajipapers.com.
Company details
Recognitions & Rankings of Sreenivasa Balaji Papers
Contact details
Sreenivasa Balaji Papers Private Limited's registered office is in Palani, Tamil Nadu. Its website is sreenivasabalajipapers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSf No.231 Pechinaickanoor Muthunaickenpatti Post Narikalpatti Via, Palani, Tamil Nadu, India – 624618
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Sreenivasa Balaji 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
Business activity
The main business activity of Sreenivasa Balaji Papers 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 Sreenivasa Balaji Papers Private Limited, buy the company report.
Financials of Sreenivasa Balaji Papers Private Limited
FY 2024 filings availableSreenivasa Balaji Papers Private Limited reported revenue of ₹93.07 Cr (down 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 190%. EBITDA rose 17% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.78 Cr | ||||
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| Net Profit (PAT) | ₹1.31 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 1.4% | ||||
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To see the full financial statements and ratios of Sreenivasa Balaji Papers Private Limited, buy the company report.
Board of directors of Sreenivasa Balaji Papers Private Limited
Sreenivasa Balaji Papers has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keerthana Ravichandran | Director | 18 Feb 2019 | 7 Years 8 Months | Current |
| Seenivasan Sridhar | Additional Director | 26 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Sreenivasa Balaji Papers Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Chamunda Papers Private Limited | ₹96.5 Cr (FY 2025) | -16.0% | Delhi, India | |||
| Krishna Lamicoat Private Limited | ₹95.87 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Unity Kraft Paper Mill Private Limited | ₹93.64 Cr (FY 2025) | 468.0% | Savli, Gujarat, India | |||
| Khatema Fibres Limited | ₹93.44 Cr (FY 2025) | -18.0% | Khatema (Udham Singh Nagar), Uttarakhand, India | |||
| Sreenivasa Balaji Papers Private Limitedthis company | ₹93.07 Cr (FY 2024) | ₹1.31 Cr | 1.4% | -15.0% | 86 | Palani, Tamil Nadu, India |
| Khyati Industries Private Limited | ₹92.98 Cr (FY 2025) | 19.0% | Ahmedabad, Gujarat, India | |||
| Devprayag Paper Mill Private Limited | ₹92.27 Cr (FY 2025) | 17.0% | Allahabad, Uttar Pradesh, India | |||
| Shree Jagdambe Paper Mills Ltd | ₹92.21 Cr (FY 2025) | 5.0% | Delhi, India | |||
| New Bombay Paper Mills Private Limited | ₹92.14 Cr (FY 2022) | 42.0% | Khopoli, Maharashtra, India |
To see the full peer comparison of Sreenivasa Balaji Papers Private Limited, buy the company report.
Auditor
Sreenivasa Balaji Papers Private Limited is audited by VARADHAN AND VENKATESH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARADHAN AND VENKATESH | FY 2023 | 005956S |
Shareholding
The shareholding of Sreenivasa Balaji 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 Sreenivasa Balaji Papers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2023 | 100712628 | Others | ₹27.42 Cr | Open | |
| 29 Oct 2021 | 100504446 | Others | ₹3.17 Cr | Open | |
| 31 Mar 2020 | 100339671 | Others | ₹1.5 Cr | Open | |
| 03 Dec 2019 | 100310162 | Others | ₹25 Cr | Open | |
| 21 Mar 2011 | 10277161 | Punjab National Bank | ₹9.5 Cr | Satisfied |
To see the full charge records of Sreenivasa Balaji Papers Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sreenivasa Balaji Papers Private Limited has 12 court cases on record: 10 filed by Sreenivasa Balaji Papers, 2 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 4 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Canara Bank and 2 others | Pending |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed by the company against State of Tamil Nadu and 3 others | Pending |
| High Court, TAMIL NADU | Writ petition | Filed by the company against State of Tamil Nadu and 3 others | Pending |
| District court, Tiruppur, Tamil Nadu | Civil suit | Filed by the company against individuals | Disposed |
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Sreenivasa Balaji 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.
MSME payment delays
Sreenivasa Balaji Papers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 5 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bilal Match Works | |||
| Balaji Cartons | |||
| Sripathi Paper and Boards Private Limited | |||
| an individual supplier | |||
| Sri Venkateswara Packs |
To see the full MSME payment records of Sreenivasa Balaji Papers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sreenivasa Balaji Papers Private Limited has a workforce of 86 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Sreenivasa Balaji Papers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAMCS8435J1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sreenivasa Balaji Papers Private Limited, buy the company report.
Recent activity
Sreenivasa Balaji Papers Private Limited has 15 board changes on record since 2010: 4 appointments and 11 cessations. The latest: Seenivasan Sridhar was appointed as Additional Director on 26 Apr 2025.
17 earlier events are in the company report.
Frequently asked questions
Sreenivasa Balaji Papers is an active private limited company based in Palani, Tamil Nadu, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 25 April 2008 (18+ years old) and is registered under CIN U21012TZ2008PTC014422.
Sreenivasa Balaji Papers has 2 current directors:
- Keerthana Ravichandran - Director
- Seenivasan Sridhar - Additional Director
The latest financial statements of Sreenivasa Balaji Papers 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 Sreenivasa Balaji Papers is 33AAMCS8435J1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sreenivasa Balaji Papers is U21012TZ2008PTC014422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sreenivasa Balaji Papers has 12 court cases on record: 10 filed by the company and 2 filed against it. 5 are pending. Most are in the high courts.
Sreenivasa Balaji Papers was incorporated on 25 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Sreenivasa Balaji Papers by revenue are Chamunda Papers Private Limited, Krishna Lamicoat Private Limited, Unity Kraft Paper Mill Private Limited, Khatema Fibres Limited, Khyati Industries Private Limited and 3 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Seenivasan Sridhar was appointed as Additional Director on 26 Apr 2025. Chellapan Velusamy ceased to be Director on 29 Nov 2019. Keerthana Ravichandran ceased to be Additional Director on 29 Nov 2019. Sreenivasa Balaji Papers has 15 board changes on record in total.
Yes, Sreenivasa Balaji Papers is registered as an MSME under Udyam registration (number: UDYAM-TN-06-0000124).
Sreenivasa Balaji Papers has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 13 May 2021.
Sreenivasa Balaji Papers can be reached through the website sreenivasabalajipapers.com. Its registered office is in Palani, Tamil Nadu, India.

