MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-JH-06-0027334
Stark Ridge Paper Private Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹174.1 Cr
▲ 22% YoY
Net loss · FY 2025
₹15.99 Cr
Net margin -9.2%
EBITDA · FY 2025
₹1.97 Cr
EBITDA margin 1.1%
Authorised capital
₹140 Cr
Registered with MCA
Paid-up capital
₹68.7 Cr
Issued & subscribed
Open charges
₹55 Cr
Satisfied ₹74.69 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
121
Provident fund records
About Stark Ridge Paper Private Limited
Data last updated:
Stark Ridge Paper Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 01 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U21090WB2005PTC103998. Its GSTIN is 19AACCV3321Q3ZV (West Bengal). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹140 Cr and a paid-up capital of ₹68.7 Cr. It was formerly known as Vananchal Metals Private Limited and Varaj Papers Private Limited. It is led by directors Saroj Kumar Patnaik and Dwipayan Patnaik.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.1 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹15.99 Cr (net margin -9.2%) and EBITDA of ₹1.97 Cr (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 36% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stark Ridge Paper. As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹74.69 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 16 deals on record (9 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹25.13 Cr; the latest was in March 2023. Its 8 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 4 smaller; the largest is Indo Afrique Paper Mills Private Limited with revenue of ₹178.9 Cr.
Stark Ridge Paper Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-06-0027334). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starkridgepaper.com.
Company details
CIN U21090WB2005PTC103998
Registration Number 103998
Incorporation Date 01 July 2005
ROC Kolkata
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-JH-06-0027334
Name history
Stark Ridge Paper has undergone 2 name changes throughout its history. The company was previously known as Vananchal Metals Private Limited, and Varaj Papers Private Limited. The current legal name is Stark Ridge Paper Private Limited.
| Company Name | Status |
|---|---|
| Stark Ridge Paper Private Limited | Current |
| Vananchal Metals Private Limited | Previous |
| Varaj Papers Private Limited | Previous |
CIN history
Stark Ridge Paper has one previous CIN (Corporate Identification Number): U27109WB2005PTC103998. The current CIN is U21090WB2005PTC103998, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U21090WB2005PTC103998 | Current |
| U27109WB2005PTC103998 | Previous |
Recognitions & Rankings of Stark Ridge Paper
Contact details
Stark Ridge Paper Private Limited's registered office is in Kolkata, West Bengal. Its website is starkridgepaper.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1703 Matin Burn Business Park 17th Floor Plot No. 3 Bp Block Sector, V, Kolkata, West Bengal, India – 700091
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Stark Ridge Paper Private Limited, buy the company report.
Comprehensive company report
Stark Ridge Paper 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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Brands
Stark Ridge Paper operates one associated brand: Stark Ridge Paper. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Recycling-based kraft paper manufacturing in Jharkhand. | starkridgepaper.com |
Business activity
The main business activity of Stark Ridge Paper 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 Stark Ridge Paper Private Limited, buy the company report.
Financials of Stark Ridge Paper Private Limited
FY 2025 filings availableStark Ridge Paper Private Limited reported revenue of ₹174.1 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹174.1 Cr ▲ 22%
Net loss · FY 2025
₹15.99 Cr margin -9.2%
EBITDA · FY 2025
₹1.97 Cr margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 4%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 35%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 22% growth in the latest year. EBITDA fell 73% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.99 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | -9.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Stark Ridge Paper Private Limited, buy the company report.
Board of directors of Stark Ridge Paper Private Limited
Stark Ridge Paper has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saroj Kumar Patnaik Also directs: Patnaik Minerals Private Limited, Modern Mineral Processing Co Pvt Ltd, Rabisons Alloys Private Limited and 5 more | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Dwipayan Patnaik Also directs: Patnaik Minerals Private Limited, Rabisons Alloys Private Limited | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Stark Ridge Paper 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 |
|---|---|---|---|---|---|---|
| Indo Afrique Paper Mills Private Limited | ₹178.9 Cr (FY 2024) | -7.0% | Pune, Maharashtra, India | |||
| Krishnanchal Pulp & Papers Private Limited | ₹177.73 Cr (FY 2025) | 23.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Gemini Graaphics Private Limited | ₹176.19 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Skywin Paper Industries Private Limited | ₹175.49 Cr (FY 2025) | 24.0% | Mahuva, Gujarat, India | |||
| Stark Ridge Paper Private Limitedthis company | ₹174.1 Cr (FY 2025) | -₹15.99 Cr | -9.2% | 22.0% | 121 | Kolkata, West Bengal, India |
| A.N.S. Paper Mills Private Limited | ₹170.82 Cr (FY 2024) | -13.0% | Bangalore, Karnataka, India | |||
| Garg Duplex and Paper Mills Private Limited | ₹170.81 Cr (FY 2025) | 43.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Shree Krishna Paper Mills & Industries Ltd | ₹169.96 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Vital Paper Products Private Limited | ₹168.48 Cr (FY 2025) | 15.0% | Chittor, Andhra Pradesh, India |
To see the full peer comparison of Stark Ridge Paper Private Limited, buy the company report.
Auditor
Stark Ridge Paper Private Limited is audited by SRB & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRB & Associates | FY 2023 | 0310009E |
Shareholding
The shareholding of Stark Ridge Paper 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 Stark Ridge Paper Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55 Cr
Satisfied charges
₹74.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2021 | 100485669 | Hdfc Bank Limited | ₹55 Cr | Open | |
| 27 Nov 2019 | 100310318 | Others | ₹35 Cr | Satisfied | |
| 16 Aug 2017 | 100120847 | United Bank of India | ₹16.19 Cr | Satisfied | |
| 05 Mar 2016 | 10627703 | United Bank of India | ₹23.5 Cr | Satisfied |
To see the full charge records of Stark Ridge Paper Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Stark Ridge Paper Private Limited has 16 deals on record (9 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹25.13 Cr; the latest was in March 2023.
Total deals
16
Secondary share transfers
9
Funding rounds
5
Rights issues
2
Disclosed funding
₹25.13 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2021 | Funding round | ₹12 Cr | Investors: HM Mercantiles Private Limited , an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Shape Projects Pvt Ltd , K.P. Credit & Traders Pvt. Ltd. , Reality Vincom Private Limited |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Quickwell Packagings Private Limited , 3 individuals |
| Dec 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Spark Vanijya Private Limited , 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 4 individuals |
To see the full deal history of Stark Ridge Paper 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
Stark Ridge Paper Private Limited has 2 court cases on record: 1 filed by Stark Ridge Paper, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed by the company against M/S Narayani Hitechpack Pvt. Ltd., Nagpur THR. Its Authorised Director Ashish Nirmal Surekha | Disposed |
| District court, East Singhbhum at Jamshedpur, Jharkhand | Criminal complaint | Filed against the company by State of Jharkhand | Pending |
To see the full case history of Stark Ridge Paper 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.
Credit ratings & regulatory alerts
Stark Ridge Paper Private Limited was last rated by Crisil on 17 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 17 Dec 2020 |
To see the full credit ratings and regulatory alerts of Stark Ridge Paper Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stark Ridge Paper Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stark Ridge Paper Private Limited has a workforce of 121 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
121
Active EPFO establishments
1
Employee growth
2.54%
GST
Stark Ridge Paper has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCV3321Q3ZV | West Bengal | Active | 01 Mar 2025 |
| 19AACCV3321Q2ZW | West Bengal | Active | 20 Mar 2025 |
| 20AACCV3321Q1ZE | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stark Ridge Paper Private Limited, buy the company report.
Recent activity
Stark Ridge Paper Private Limited has 19 board changes on record since 2010: 3 appointments and 16 cessations. The latest: Dhaneswar Patra was appointed as Company Secretary on 01 Oct 2024.
AGM
Stark Ridge Paper Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Stark Ridge Paper Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Appointed
Dhaneswar Patra was appointed as Company Secretary.
Charges
A charge with Hdfc Bank Limited of Rs. 55.00 Cr registered on 31 Aug 2021 with Charge ID 100485669 was modified on 22 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 55.00 Cr with Charge ID 100485669 was registered on 31 Aug 2021.
Charges
A charge registered on 27 Nov 2019 via Charge ID 100310318 with Others was fully satisfied on 27 Jul 2021.
Ceased
Bharati Bhusan Ray ceased to be Additional Director.
Ceased
Dwipayan Patnaik ceased to be Additional Director.
Ceased
Manoj Kumar Kasera ceased to be Director.
Appointed
Dwipayan Patnaik was appointed as Director.
Charges
A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100310318 was registered on 27 Nov 2019.
Charges
A charge registered on 16 Aug 2017 via Charge ID 100120847 with United Bank Of India was fully satisfied on 16 Jul 2019.
18 earlier events are in the company report.
Frequently asked questions
Stark Ridge Paper is an active private limited company based in Kolkata, West Bengal, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 01 July 2005 (21+ years old) and is registered under CIN U21090WB2005PTC103998.
Stark Ridge Paper has 2 current directors:
- Saroj Kumar Patnaik - Director
- Dwipayan Patnaik - Director
The latest financial statements of Stark Ridge Paper 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 Stark Ridge Paper is 19AACCV3321Q3ZV, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 19AACCV3321Q2ZW (West Bengal), 20AACCV3321Q1ZE (Jharkhand).
The CIN (Corporate Identification Number) of Stark Ridge Paper is U21090WB2005PTC103998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stark Ridge Paper has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Stark Ridge Paper was incorporated on 01 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Stark Ridge Paper has 16 deals on record (9 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹25.13 Cr; the latest was in March 2023.
The peers of Stark Ridge Paper by revenue are Indo Afrique Paper Mills Private Limited, Krishnanchal Pulp & Papers Private Limited, Gemini Graaphics Private Limited, Skywin Paper Industries Private Limited, A.N.S. Paper Mills 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).
Dhaneswar Patra was appointed as Company Secretary on 01 Oct 2024. Bharati Bhusan Ray ceased to be Additional Director on 31 Dec 2020. Dwipayan Patnaik ceased to be Additional Director on 31 Dec 2020. Stark Ridge Paper has 19 board changes on record in total.
Yes, Stark Ridge Paper is registered as a medium enterprise under Udyam registration (number: UDYAM-JH-06-0027334).
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