Nachiketa Papers Ltd

Produces kraft paper and board at manufacturing plant in Punjab, founded in 1988 by Mr Tejwant Rai Jindal.

1988 | Mohali, Punjab (India) | Active
Last Updated: October 24, 2024

Nachiketa Papers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.93 Cr
  • Company Age 36 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.88 Cr
  • Satisfied Charges ₹ 38.62 Cr
  • Revenue Growth -13.65%
  • Profit Growth -4.76%
  • Ebitda -0.59%
  • Net Worth 8.63%
  • Total Assets 37.56%

About Nachiketa Papers

Nachiketa Papers Ltd (NPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 May 1988 and has a history of 36 years and eight months. Its registered office is in Mohali, Punjab, India.

The Corporate was formerly known as Nachiketa Papers Private Ltd. 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 2.00 Cr and a paid-up capital of Rs 1.93 Cr.

The company currently has active open charges totaling ₹55.88 Cr. The company has closed loans amounting to ₹38.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Mittal, Tejwant Rai, Harish Jindal, and One other member serve as directors at the Company.

Company Details

  • Location

    Mohali, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21012PB1988PLC008412

  • Company No.

    008412

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 May 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Packaging

Who are the key members and board of directors at Nachiketa Papers?

Executive Team (1)

Name Designation Appointment Date Status
Tejwant Rai Country flag representing In Managing Director 02-Apr-2001 Current

Board Members (3)

Name Designation Appointment Date Status
Vijay Mittal Country flag representing In Director 02-Apr-2001 Current
Harish Jindal Country flag representing In Director 09-Feb-2011 Current
Rohit Mittal Country flag representing In Director 09-Feb-2011 Current

Financial Performance of Nachiketa Papers.

Nachiketa Papers Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.65% decrease. The company also saw a slight decrease in profitability, with a 4.76% decrease in profit. The company's net worth moved up by a moderate rise of 8.63%.

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
-13.65%
Revenue from Operations
-13.65%
Total Assets
37.56%
Profit or Loss
-4.76%
Net Worth
8.63%
EBITDA
-0.59%

What is the Ownership and Shareholding Structure of Nachiketa Papers?

In 2023, Nachiketa Papers had a promoter holding of 86.44% and a public holding of 13.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹55.88 Cr

Satisfied Charges

₹38.62 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 45.88 Cr
  • Others : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
10 Sep 2024 Others ₹10.00 Cr Open
15 Nov 2018 State Bank Of India ₹45.88 Cr Open
24 Aug 2016 Others ₹4.00 M Satisfied
24 Feb 2014 Others ₹14.91 Cr Satisfied
11 Oct 2013 Punjab National Bank ₹2.50 Cr Satisfied

How Many Employees Work at Nachiketa Papers?

Nachiketa Papers has a workforce of 126 employees as of Apr 08, 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 Nachiketa Papers, 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 Nachiketa Papers'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 Nachiketa Papers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100975109 was registered on 10 Sep 2024.

    10 Sep 2024

  • Charges

    A charge with State Bank Of India of Rs. 45.88 Cr registered on 15 Nov 2018 with Charge ID 100223840 was modified on 24 Nov 2023.

    24 Nov 2023

  • Annual General Meeting

    Nachiketa Papers Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Nachiketa Papers Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 24 Aug 2016 via Charge ID 100056155 with Others was fully satisfied on 14 Oct 2022.

    14 Oct 2022

  • Charges

    A charge registered on 28 Mar 1990 via Charge ID 90181584 with Punjab State Industrial Development Corporation Ltd. was fully satisfied on 13 Feb 2020.

    13 Feb 2020

Frequently asked questions

  • Nachiketa Papers Ltd was incorporated on 25 May 1988.

  • The authorized share capital of Nachiketa Papers Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.93 Cr.

  • Currently 4 directors are associated with Nachiketa Papers Ltd.

    • Vijay Kumar Mittal
    • Tejwant Rai
    • Harish Jindal
    • Rohit Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nachiketa Papers Ltd is Village Mubarakpur, Tehsil District Sas Nagar (Mohali) India, Derabassi, Punjab, 140507.

  • The corporate identification number (CIN) of Nachiketa Papers Ltd is U21012PB1988PLC008412 and the company number is 008412 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nachiketa Papers Ltd is https://www.nachiketapaper.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nachiketa Papers Ltd has fallen by -13.65%.

  • As Per 2023 financial reports, 126 employees are currently employed by Nachiketa Papers Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nachiketa Papers Ltd has experienced an upsurge of 8.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nachiketa Papers Ltd amount to ₹ 55.88 Cr.

  • The most recent Balance Sheet for Nachiketa Papers Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Paper