About Suchi Paper Mills Limited
Data last updated:
Suchi Paper Mills Limited is a public limited company based in Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 02 June 2003.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U21022DL2003PLC120666. Its GSTIN is 09AAICS0487N1ZO (Uttar Pradesh).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹10.21 Cr. It is led by directors including Rajender Kumar Aggarwal (Managing Director) and Lalit Kumar Aggarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 235 Ground Floor Anand Vihar Opp. Mcd School Delhi – 110092, Delhi, India – 110092.
As per the financials filed for FY 2021, the company reported a revenue of ₹111.84 Cr. For the same year it recorded a net loss of ₹6.2 Cr (net margin -5.5%) and EBITDA of ₹4.28 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Suchi Paper Mills Limited. As per MCA filings, the company has open charges of ₹69.98 Cr and satisfied charges of ₹113.18 Cr on record. Court records list 73 cases involving the company, including 42 filed by the company and 31 filed against it; 14 cases are pending. The company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in November 2020. 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 Global Paper Industries Private Limited with revenue of ₹112.68 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers.
The last known website on record is suchipapermills.com.
Company details
Contact details
Suchi Paper Mills Limited's registered office is in Delhi, Delhi. Its website is suchipapermills.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 235 Ground Floor Anand Vihar Opp. Mcd School Delhi – 110092, Delhi, India – 110092
- IndustryManufacturing, Paper & Packaging Products
To see the full contact details of Suchi Paper Mills 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
Brands
Suchi Paper Mills operates one associated brand: Suchi Paper Mills Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying craft paper and related industrial products in India. | suchipapermills.com |
Business activity
The main business activity of Suchi Paper Mills 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 Suchi Paper Mills Limited, buy the company report.
Financials of Suchi Paper Mills Limited
FY 2021 filings availableSuchi Paper Mills Limited reported revenue of ₹111.84 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA fell 53% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹111.84 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.28 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.2 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | -5.5% | ||||
| 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 Suchi Paper Mills Limited, buy the company report.
Board of directors of Suchi Paper Mills Limited
Suchi Paper Mills has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Aggarwal | Whole-Time Director | 02 Jun 2003 | 23 Years 5 Months | As last reported |
| Anita Rani Also directs: Triambikesh Fabrication Private Limited | Whole-Time Director | 02 Jun 2003 | 23 Years 5 Months | As last reported |
| Rakesh Kumar Also directs: Puneet Papers Private Limited | Whole-Time Director | 02 Jun 2003 | 23 Years 5 Months | As last reported |
| Rajender Kumar Aggarwal | Managing Director | 02 Oct 2007 | 19 Years 1 Months | As last reported |
Peer comparison
Suchi Paper Mills 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 |
|---|---|---|---|---|---|---|
| Global Paper Industries Private Limited | ₹112.68 Cr (FY 2025) | 84.0% | Disa, Gujarat, India | |||
| Sardhana Papers Private Limited | ₹112.57 Cr (FY 2025) | 13.0% | Uttar Pradesh, India | |||
| Sattur Venkateshwara Paper Mills Private Limited | ₹112.41 Cr (FY 2025) | -10.0% | Sattur, Tamil Nadu, India | |||
| Sukraft Papers Private Limited | ₹112 Cr (FY 2025) | 2.0% | Sinnar, Maharashtra, India | |||
| Suchi Paper Mills Limitedthis company | ₹111.84 Cr (FY 2021) | -₹6.2 Cr | -5.5% | 11 | Delhi, India | |
| Sinar Indah Pulp and Paper Private Limited | ₹111.69 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Vishal Paper Industries Private Limited | ₹111.09 Cr (FY 2025) | -27.0% | Punjab, India | |||
| Sastha Paper Mills Private Limited | ₹109.27 Cr (FY 2025) | 16.0% | Krishnagiri, Tamil Nadu, India | |||
| Riston Paper Mill Private Limited | ₹108.62 Cr (FY 2025) | 21.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Suchi Paper Mills Limited, buy the company report.
Auditor
Suchi Paper Mills Limited is audited by A. R. & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. R. & Co. | FY 2021 | 002744C |
Shareholding
The shareholding of Suchi Paper Mills Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suchi Paper Mills Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2020 | 100438912 | Others | ₹13.59 Lakh | Open | |
| 16 May 2020 | 100395499 | Indian Bank | ₹50 Lakh | Open | |
| 16 May 2020 | 100395495 | Others | ₹1 Cr | Open | |
| 11 May 2020 | 100392985 | Others | ₹1.7 Cr | Open | |
| 25 Feb 2019 | 100245610 | Others | ₹14.6 Lakh | Open |
To see the full charge records of Suchi Paper Mills Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Suchi Paper Mills Limited has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in November 2020.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Secondary share transfer | Undisclosed | Buyer: SVS Builders (India) Limited , 3 individuals Seller: Stock Home India Limited |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Stock Home India Limited Seller: Bit Byte Investment Services Private Limited |
| Apr 2015 | Rights issue | ₹4 Cr | Investors: Bit Byte Investment Services Private Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: TP Jewel Galleria Private Limited Seller: Stock Home India Limited |
| Oct 2010 | Funding round | ₹6.7 Cr | Investors: Stock Home India Limited, Delhi Tradecom Private Limited , Guru Udyog Private Limited |
To see the full deal history of Suchi Paper Mills 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
Suchi Paper Mills Limited has 73 court cases on record: 42 filed by Suchi Paper Mills, 31 filed against it. 14 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 39 | 18 | 9 |
| High courts | 16 | 1 | 1 |
| NCLAT | 11 | 6 | 4 |
| Supreme Court | 7 | 6 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Phoenix Arc Pvt Ltd and 4 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by ZKL Bearings India Pvt Ltd | Pending |
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by M/S Eastern Bearings Pvt. Ltd. (30396 | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Udayan Chaudhari and Associates Pvt. Ltd. Through Its Authorized Person Mrs Kumkum Chaudhari (Director) Registered Office at: 40/60, Second Floor, Chittaranjan Park, New Delhi ,New Delhi , Delhi | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Phoenix Arc Pvt. Ltd. Through Its Authorized Representative, Mr. Harsh Mangia Having Its Office at:- Dani Corporate Park, 5Th Floor, 158, CST Road, Kalina, Santa Cruz (E), Mumbai-400098 , , Other and 2 others | Disposed |
To see the full case history of Suchi Paper Mills 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
Suchi Paper Mills Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Goel Dyechem Private Limited. | |||
| Ashu Sales Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Suchi Paper Mills Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Suchi Paper Mills Limited has a workforce of 11 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Suchi Paper Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAICS0487N1ZO | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Suchi Paper Mills Limited, buy the company report.
Recent activity
Suchi Paper Mills Limited has 8 board changes on record since 2003: 4 appointments and 4 cessations. The latest: Anita Rani ceased to be Director on 01 May 2015.
42 earlier events are in the company report.
Frequently asked questions
Suchi Paper Mills is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Suchi Paper Mills is a company under insolvency, formerly operating as a public limited company based in Delhi, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 02 June 2003 and is registered under CIN U21022DL2003PLC120666. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Suchi Paper Mills has 4 current directors:
- Rajender Kumar Aggarwal - Managing Director
- Lalit Kumar Aggarwal - Whole-Time Director
- Anita Rani - Whole-Time Director
- Rakesh Kumar - Whole-Time Director
The latest financial statements of Suchi Paper Mills on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Suchi Paper Mills is U21022DL2003PLC120666. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suchi Paper Mills has open charges of ₹69.98 Cr and satisfied charges of ₹113.18 Cr as per latest MCA filings.
Suchi Paper Mills has 73 court cases on record: 42 filed by the company and 31 filed against it. 14 are pending. Most are in the district courts.
Suchi Paper Mills was incorporated on 02 June 2003. It is registered with the Registrar of Companies, Delhi.
Suchi Paper Mills has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in November 2020.
The peers of Suchi Paper Mills by revenue are Global Paper Industries Private Limited, Sardhana Papers Private Limited, Sattur Venkateshwara Paper Mills Private Limited, Sukraft Papers Private Limited, Sinar Indah Pulp and Paper 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).
Anita Rani ceased to be Director on 01 May 2015. Lalit Kumar Aggarwal ceased to be Director on 01 May 2015. Rajender Kumar Aggarwal ceased to be Director on 01 May 2015. Suchi Paper Mills has 8 board changes on record in total.
Suchi Paper Mills has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 May 2019.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
