Andhra Paper Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 39.77 Cr
- Company Age 60 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 501.00 Cr
- Satisfied Charges ₹ 1,040.04 Cr
- Revenue Growth 50.84%
- Profit Growth 273.90%
- Ebitda 232.56%
- Net Worth 44.61%
- Total Assets 33.83%
About Andhra Paper
Andhra Paper Limited (APL) was founded in India on 29 June 1964 and has a glorious history of 60 years and seven months. Its registered office is in Godavari, Andhra Pradesh, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502330 and on the National Stock Exchange(NSE) under ANDHRAPAP.
The Corporate was formerly known as Andhra Paper Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 39.77 Cr.
The company currently has active open charges totaling ₹501.00 Cr. The company has closed loans amounting to ₹1,040.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Andhra Paper Limited India are Rajesh Bothra as CFO and Bijay Sanku as Company Secretary. Shree Bangur, Arun Sureka, Sudarshan Somani, and Six other members serve as directors at the Company.
Company Details
- Location
Godavari, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does Andhra Paper Limited offer?
Andhra Paper Limited offers a wide range of products and services, including Paper & Paper Made Products, Raw Paper Material, Printing Paper, Coated Paper, Document Envelopes, Paper Envelopes, Poster Paper, White Copy Paper, GSM Paper, Kraft Paper.
Who are the key members and board of directors at Andhra Paper?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shree Bangur  | Managing Director | 30-Oct-2019 | Current |
| Saurabh Bangur | Managing Director | 01-Jun-2020 | Current |
| Rajesh Bothra | CFO | 02-Feb-2023 | Current |
| Bijay Sanku | Company Secretary | 30-Jul-2022 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Virendra Sinha | Director | 01-Apr-2022 | Current |
| Papia Sengupta | Director | 01-Sep-2022 | Current |
| Arun Sureka | Director | 30-Oct-2019 | Current |
| Sudarshan Somani | Director | 30-Oct-2019 | Current |
| Virendraa Bangur | Director | 30-Dec-2019 | Current |
| Sitaram Sharma | Director | 01-Apr-2022 | Current |
Financial Performance of Andhra Paper.
Andhra Paper Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.84% increase. The company also saw a substantial improvement in profitability, with a 273.9% increase in profit. The company's net worth Soared by an impressive increase of 44.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Andhra Paper?
In 2023, Andhra Paper had a promoter holding of 72.24% and a public holding of 27.77%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
West Coast Opticable LimitedVirendraa Bangur is a mutual person
Tkm Global Logistics LimitedVirendra Sinha is a mutual person
Universal Realtors Private LimitedArun Sureka is a mutual person
The Bengal Rowing ClubSaurabh Bangur is a mutual person
Kilkotagiri And Thirumbadi Plantations LimitedShree Bangur and Virendraa Bangur are mutual person
Hartex Rubber Private LimitedArun Sureka is a mutual person
Charges (Loans)
₹501.00 Cr
₹1,040.04 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 175.00 Cr
- Standard Chartered Bank : 160.00 Cr
- State Bank Of India : 131.00 Cr
- Axis Bank Limited : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jul 2024 | Standard Chartered Bank | ₹160.00 Cr | Open |
| 02 Apr 2024 | State Bank Of India | ₹125.00 Cr | Open |
| 22 Nov 2022 | Axis Bank Limited | ₹35.00 Cr | Open |
| 11 Nov 2022 | Idbi Bank Limited | ₹175.00 Cr | Open |
| 11 Jan 1993 | State Bank Of India | ₹6.00 Cr | Open |
How Many Employees Work at Andhra Paper?
Andhra Paper has a workforce of 3029 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Andhra Paper, 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 Andhra Paper's trajectory.
Rating
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
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.
