Nice Papers Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
as on 05-07-2024
- Paid Up Capital ₹ 1.50 Cr
as on 05-07-2024
- Company Age 33 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.52 Cr
as on 05-07-2024
- Satisfied Charges ₹ 5.28 Cr
as on 05-07-2024
- Revenue -19.50%
(FY 2023)
- Profit -3633.05%
(FY 2023)
- Ebitda -1448.87%
(FY 2023)
- Net Worth -7071.72%
(FY 2023)
- Total Assets -32.45%
(FY 2023)
About Nice Papers
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 2023. It's a company limited by shares with an authorized capital of Rs 2.25 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹6.52 Cr. The company has closed loans amounting to ₹5.28 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Patel, Umesh Patel, Kishor Patel, and One other member serve as directors at the Company.
- CIN/LLPIN
U21090MH1991PLC063114
- Company No.
063114
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Aug 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Nice Papers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Patel  | Managing Director | 10-Aug-2015 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Umesh Patel | Whole-Time Director | 10-Aug-2015 | Current |
| Kishor Patel | Director | 25-Dec-2017 | Current |
| Vishal Gorle | Director | 11-Nov-2016 | Current |
Financial Performance of Nice Papers.
Nice Papers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.5% decrease. The company also saw a substantial fall in profitability, with a 3633.05% decrease in profit. The company's net worth observed a substantial decline by a decrease of 7071.72%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nice Papers?
In 2023, Nice Papers had a promoter holding of 64.69% and a public holding of 35.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grace Technologies & Consultants Private LimitedActive 9 years 1 monthVishal Gorle is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 08 Jan 2022 | ₹1.40 M | Open |
Axis Bank Limited Creation Date: 12 Nov 2011 | ₹6.38 Cr | Open |
Oriental Bank Of Commerce Creation Date: 10 Mar 2006 | ₹2.06 Cr | Satisfied |
How Many Employees Work at Nice Papers?
Nice Papers has a workforce of 32 employees as of Apr 09, 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 Nice 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 Nice Papers'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.
