Nice Papers Profile
Key Indicators
- Authorised Capital ₹ 2.25 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.52 Cr
- Satisfied Charges ₹ 5.28 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 seven 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 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.
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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
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
- Ratios
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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 Limited
Vishal Gorle is a mutual person
Charges (Loans)
Open Charges
₹6.52 Cr
Satisfied Charges
₹5.28 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 6.38 Cr
- Others : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2022 | Others | ₹1.40 M | Open |
| 12 Nov 2011 | Axis Bank Limited | ₹6.38 Cr | Open |
| 10 Mar 2006 | Oriental Bank Of Commerce | ₹2.06 Cr | Satisfied |
| 30 Mar 2002 | The United Western Bank Ltd. | ₹1.52 Cr | Satisfied |
| 07 May 1996 | Oriental Bank Of Commerce | ₹2.00 M | 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.
Latest Updates, News, and FAQs on Nice Papers
Recent activity within the organization
- Annual General Meeting
Nice Papers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Nice Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 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.
- Director Appointment
Kishor Bhimji Patel was appointed as a Director was appointed as a Director on 25 Dec 2017 & has been associated with this company since 7 years 3 months .
- Director Appointment
Vishal Manorrao Gorle was appointed as a Director was appointed as a Director on 11 Nov 2016 & has been associated with this company since 8 years 4 months .
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
- Umesh Panchan Patel
- Kishor Bhimji Patel
- Vishal Manorrao Gorle
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 Bagadganj, Nagpur, Maharashtra, India, 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%.
What are the total open charges for Nice Papers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nice Papers Limited amount to ₹ 6.52 Cr.
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 2023.
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