Nice Papers Limited

Produces and sells kraft paper in various weights and colors under the brand 'Nice'.

1991 | Nagpur, Maharashtra (India) | Active
Last Updated:

Nice Papers Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 33 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.80 Cr
  • Revenue Growth -19.50%
  • Profit Growth -3633.05%
  • Ebitda -1448.87%
  • Net Worth -7071.72%
  • Total Assets -32.45%

About Nice Papers

Nice Papers Limited (NPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 August 1991 and has a history of 33 years and eight months. Its registered office is in Nagpur, Maharashtra, India.

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 2.25 Cr and a paid-up capital of Rs 1.50 Cr.

The company has closed loans amounting to ₹11.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajesh Patel, Vishal Gorle, Umesh Patel, and One other member serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U21090MH1991PLC063114

  • Company No.

    063114

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Company report

Nice Papers Limited

Explore comprehensive data for Nice Papers Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Patel Country flag representing In Managing Director10-Aug-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Vishal Gorle Country flag representing In Director 11-Nov-2016Current
Umesh Patel Country flag representing In Whole-Time Director 10-Aug-2015Current
Kishor Patel Country flag representing In Director 25-Dec-2017Current

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%.

Nice Papers revenue growth over time
Nice Papers 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
-19.50%
Revenue from Operations
-19.43%
Total Assets
-32.45%
Profit or Loss
-3633.05%
Net Worth
-7071.72%
EBITDA
-1448.87%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹11.80 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.38 Cr
  • Oriental Bank Of Commerce : 2.46 Cr
  • The United Western Bank Ltd. : 1.52 Cr
  • The Maharashtra State Finance Corporation : 0.70 Cr
  • Sicom Limited : 0.40 Cr
  • Others : 0.34 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jan 2022Others₹1.40 MSatisfied
12 Nov 2011Axis Bank Limited₹6.38 CrSatisfied
10 Mar 2006Oriental Bank Of Commerce₹2.06 CrSatisfied
30 Mar 2002The United Western Bank Ltd.₹1.52 CrSatisfied
07 May 1996Oriental Bank Of Commerce₹2.00 MSatisfied

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.

Employee growth trends for Nice Papers Limited

Deals i

Graph showing company valuation over time

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

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 Nice Papers

Recent activity within the organization

  • Charges

    A charge registered on 12 Nov 2011 via Charge ID 10320228 with Axis Bank Limited was fully satisfied on 01 Mar 2025.

  • Annual General Meeting

    Nice Papers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 08 Jan 2022 via Charge ID 100526965 with Others was fully satisfied on 13 Jun 2024.

  • Balance Sheet

    Nice Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited of Rs. 6.38 Cr registered on 12 Nov 2011 with Charge ID 10320228 was modified on 04 Aug 2022.

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100526965 was registered on 08 Jan 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Nice Papers Limited?

    Nice Papers Limited was incorporated on 28 Aug 1991.

  • What is authorized share capital and paid-up capital of Nice Papers Limited?

    The authorized share capital of Nice Papers Limited is ₹ 2.25 Cr and paid-up capital is ₹ 1.50 Cr.

  • Who are the current board members & directors of Nice Papers Limited?

    Currently 4 directors are associated with Nice Papers Limited.

    • Rajesh Bhimji Patel
    • Vishal Manorrao Gorle
    • Umesh Panchan Patel
    • Kishor Bhimji Patel

  • What is the registered address of Nice Papers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nice Papers Limited is S No. 2 Ramkrish App. Chapru Chowk, Lakadganj India, Nagpur, Maharashtra, 440008.

  • What is the corporate identification number (CIN) and company number of Nice Papers Limited?

    The corporate identification number (CIN) of Nice Papers Limited is U21090MH1991PLC063114 and the company number is 063114 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nice Papers Limited?

    The Official website of Nice Papers Limited is https://www.nicepaperslimited.com

  • What has been the recent revenue trend for Nice Papers Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nice Papers Limited has fallen by -19.50%.

  • How many employees does Nice Papers Limited currently have?

    As Per 2023 financial reports, 32 employees are currently employed by Nice Papers Limited.

  • What change has been observed in the net worth of Nice Papers Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nice Papers Limited has experienced an downturn of -7071.72%.

  • When was the last Balance Sheet of Nice Papers Limited filed with the ROC?

    The most recent Balance Sheet for Nice Papers Limited was filed with the ROC on 31 Mar 2024.

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