Devang Paper Mills Private Limited

This company manufactures kraft paper and operates a windmill division in Gujarat.

2010 | Vapi, Gujarat (India) | Active
Last Updated: July 07, 2024

Devang Paper Mills Profile

Key Indicators

  • Authorised Capital ₹ 3.02 Cr
  • Paid Up Capital ₹ 4.70 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.50 Cr
  • Satisfied Charges ₹ 19.00 Cr
  • Revenue Growth -5.87%
  • Profit Growth -103.51%
  • Ebitda -75.26%
  • Net Worth -0.42%
  • Total Assets 7.91%

About Devang Paper Mills

Devang Paper Mills Private Limited (DPMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 October 2010 and has a history of 14 years and four months. Its registered office is in Vapi, Gujarat, India.

The Company is engaged in the Energy And Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.02 Cr and a paid-up capital of Rs 4.70 M.

The company currently has active open charges totaling ₹33.50 Cr. The company has closed loans amounting to ₹19.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aman Patel, Yogeshkumar Patel, Jaykumar Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vapi, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    devangpaper.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21000GJ2010PTC062670

  • Company No.

    062670

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Oct 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Environment
Manufacturing

Who are the key members and board of directors at Devang Paper Mills?

Board Members (5)

NameDesignationAppointment DateStatus
Aman Patel Country flag representing In Director 10-Dec-2022Current
Yogeshkumar Patel Country flag representing In Director 01-Jun-2018Current
Jaykumar Patel Country flag representing In Director 02-Jul-2020Current
Thobhanbhai Patel Country flag representing In Director 18-Oct-2010Current
Dhruv Patel Country flag representing In Director 01-Feb-2023Current

Financial Performance of Devang Paper Mills.

Devang Paper Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.87% decrease. The company also saw a substantial fall in profitability, with a 103.51% decrease in profit. The company's net worth dipped by a decrease of 0.42%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.87%
Revenue from Operations
-4.77%
Total Assets
7.91%
Profit or Loss
-103.51%
Net Worth
-0.42%
EBITDA
-75.26%

What is the Ownership and Shareholding Structure of Devang Paper Mills?

In 2023, Devang Paper Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.50 Cr

Satisfied Charges

₹19.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 33.50 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2021Axis Bank Limited₹33.50 CrOpen
09 Aug 2012Others₹9.50 CrSatisfied
08 Jun 2012Bank Of Baroda₹9.50 CrSatisfied

How Many Employees Work at Devang Paper Mills?

Devang Paper Mills has a workforce of 95 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devang Paper Mills, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devang Paper Mills's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Devang Paper Mills

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 33.50 Cr registered on 28 Oct 2021 with Charge ID 100502605 was modified on 16 Feb 2024.

    16 Feb 2024

  • Annual General Meeting

    Devang Paper Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Devang Paper Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Dhruv Patel was appointed as a Director was appointed as a Director on 01 Feb 2023 & has been associated with this company since 2 years 21 days .

    01 Feb 2023

  • Director Appointment

    Aman Shailesh Patel was appointed as a Director was appointed as a Director on 10 Dec 2022 & has been associated with this company since 2 years 2 months .

    10 Dec 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 33.50 Cr with Charge ID 100502605 was registered on 28 Oct 2021.

    28 Oct 2021

Frequently asked questions

  • Devang Paper Mills Private Limited was incorporated on 18 Oct 2010.

  • The authorized share capital of Devang Paper Mills Private Limited is ₹ 3.02 Cr and paid-up capital is ₹ 4.70 M.

  • Currently 5 directors are associated with Devang Paper Mills Private Limited.

    • Aman Shailesh Patel
    • Yogeshkumar Kikubhai Patel
    • Jaykumar Bharatbhai Patel
    • Thobhanbhai Kurjibhai Patel
    • Dhruv Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devang Paper Mills Private Limited is Plot No 105 Morai, Vapi, Gujarat, India, 396191.

  • The corporate identification number (CIN) of Devang Paper Mills Private Limited is U21000GJ2010PTC062670 and the company number is 062670 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Devang Paper Mills Private Limited is https://www.devangpaper.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Devang Paper Mills Private Limited has fallen by -5.87%.

  • As Per 2023 financial reports, 95 employees are currently employed by Devang Paper Mills Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Devang Paper Mills Private Limited has experienced an downturn of -0.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Devang Paper Mills Private Limited amount to ₹ 33.50 Cr.

  • The most recent Balance Sheet for Devang Paper Mills Private Limited was filed with the ROC on 31 Mar 2023.

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