Devkiran Paper Mills Private Limited

Manufacturer of recycled kraft paper for packaging and laminating industries, with 25,000 MTPA capacity.

1985 | Mysore, Karnataka (India) | Active
Last Updated: October 24, 2024

Devkiran Paper Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.10 Cr
  • Paid Up Capital ₹ 4.91 Cr
  • Company Age 39 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.39 Cr
  • Satisfied Charges ₹ 26.37 Cr
  • Revenue Growth 39.28%
  • Profit Growth -22.71%
  • Ebitda 85.25%
  • Net Worth -240.55%
  • Total Assets -8.88%

About Devkiran Paper Mills

Devkiran Paper Mills Private Limited (DPMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 1985 and has a history of 39 years and nine months. Its registered office is in Mysore, Karnataka, India.

The Corporate was formerly known as South India Sacks Private Limited. The Company is engaged in the Packaging 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 10.10 Cr and a paid-up capital of Rs 4.91 Cr.

The company currently has active open charges totaling ₹45.39 Cr. The company has closed loans amounting to ₹26.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sreenivasa Setty, Ramakrishnasetty Raja, and Raja Murali serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    devkiranpaper.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02520KA1985PTC006879

  • Company No.

    006879

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Packaging

What products or services does Devkiran Paper Mills Private Limited offer?

Devkiran Paper Mills Private Limited offers a wide range of products and services, including Paper & Paper Made Products, Kraft Paper.

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

Board Members (3)

NameDesignationAppointment DateStatus
Sreenivasa Setty Country flag representing In Whole-Time Director 30-Apr-1985Current
Ramakrishnasetty Raja Country flag representing In Whole-Time Director 30-Apr-1985Current
Raja Murali Country flag representing In Director 02-Nov-2021Current

Financial Performance of Devkiran Paper Mills.

Devkiran Paper Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.28% increase. The company also saw a substantial fall in profitability, with a 22.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 240.55%.

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
39.28%
Revenue from Operations
39.20%
Total Assets
-8.88%
Profit or Loss
-22.71%
Net Worth
-240.55%
EBITDA
85.25%

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

In 2023, Devkiran Paper Mills had a promoter holding of 20.06% and a public holding of 79.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.39 Cr

Satisfied Charges

₹26.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.39 Cr

Latest Charge Details

DateLenderAmountStatus
01 Mar 2017Others₹45.39 CrOpen
16 Apr 2014Lakshmi Vilas Bank Limited₹2.12 CrSatisfied
06 Feb 1996State Bank Of India₹24.25 CrSatisfied

How Many Employees Work at Devkiran Paper Mills?

Unlock and access historical data on people associated with Devkiran Paper Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devkiran 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 Devkiran 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 Devkiran Paper Mills

Recent activity within the organization

  • Annual General Meeting

    Devkiran 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

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

    31 Mar 2023

  • Director Appointment

    Raja Ramanujasetty Murali was appointed as a Director was appointed as a Director on 02 Nov 2021 & has been associated with this company since 3 years 3 months .

    02 Nov 2021

  • Charges

    A charge with Others of Rs. 45.39 Cr registered on 01 Mar 2017 with Charge ID 100102393 was modified on 12 Aug 2021.

    12 Aug 2021

  • Charges

    A charge registered on 16 Apr 2014 via Charge ID 10501439 with Lakshmi Vilas Bank Limited was fully satisfied on 18 Apr 2017.

    18 Apr 2017

  • Charges

    A charge with Others amounted to Rs. 45.39 Cr with Charge ID 100102393 was registered on 01 Mar 2017.

    01 Mar 2017

Frequently asked questions

  • Devkiran Paper Mills Private Limited was incorporated on 30 Apr 1985.

  • The authorized share capital of Devkiran Paper Mills Private Limited is ₹ 10.10 Cr and paid-up capital is ₹ 4.91 Cr.

  • Currently 3 directors are associated with Devkiran Paper Mills Private Limited.

    • Sreenivasa Hanumanthaiah Setty
    • Ramakrishnasetty Hanumanthasetty Raja
    • Raja Ramanujasetty Murali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devkiran Paper Mills Private Limited is Srimaruthinilaya Hunsurroad K.R.Nagar, India, Karnataka., 571602.

  • The corporate identification number (CIN) of Devkiran Paper Mills Private Limited is U02520KA1985PTC006879 and the company number is 006879 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Devkiran Paper Mills Private Limited has risen by 39.28%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Devkiran Paper Mills Private Limited has experienced an downturn of -240.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Devkiran Paper Mills Private Limited amount to ₹ 45.39 Cr.

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

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