Paithan Paper Mills Limited

Produces and sells various types of paper and pulp products.

1974 | Aurangabad, Maharashtra (India) | Active
Last Updated: December 04, 2024

Paithan Paper Mills Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.12 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 43.25 Cr
  • Revenue Growth %
  • Profit Growth -576.88%
  • Ebitda 42.32%
  • Net Worth -3.95%
  • Total Assets -4.07%

About Paithan Paper Mills

Paithan Paper Mills Limited (PPML) is a Public Limited Indian Non-Government Company incorporated in India on 04 December 1974 and has a history of 50 years and two months. Its registered office is in Aurangabad, 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 8.00 Cr and a paid-up capital of Rs 6.12 Cr.

The company has closed loans amounting to ₹43.25 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anil Mittal, Seema Mittal, and Badal Mittal serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21000MH1974PLC017962

  • Company No.

    017962

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1974

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Paithan Paper Mills?

Executive Team (1)

Name Designation Appointment Date Status
Badal Mittal Country flag representing In Managing Director 06-Dec-1988 Current

Board Members (2)

Name Designation Appointment Date Status
Anil Mittal Country flag representing In Director 15-Nov-2013 Current
Seema Mittal Country flag representing In Director 10-Sep-2013 Current

Financial Performance of Paithan Paper Mills.

Paithan Paper Mills Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 576.88% decrease in profit. The company's net worth dipped by a decrease of 3.95%.

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
Revenue from Operations
Total Assets
-4.07%
Profit or Loss
-576.88%
Net Worth
-3.95%
EBITDA
42.32%

What is the Ownership and Shareholding Structure of Paithan Paper Mills?

In 2021, Paithan Paper Mills had a promoter holding of 38.50% and a public holding of 61.50%. 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

₹43.25 Cr

Charges Breakdown by Lending Institutions

  • The Industrial Development Bank Of India : 7.25 Cr
  • The Industrial Credit & Investment Corporation Of India : 3.25 Cr
  • The Bank Of Rajasthan Ltd : 3.13 Cr
  • Bank Of Maharshtra : 2.51 Cr
  • Industrial Reconstrction Bank Of India : 2.50 Cr
  • Others : 24.61 Cr

Latest Charge Details

Date Lender Amount Status
05 Jan 1998 Bank Of Maharashtra ₹5.00 M Satisfied
29 Oct 1997 The Bank Of Rajasthan Ltd ₹2.80 M Satisfied
30 Jan 1995 The Bank Of Rajsthan Ltd ₹1.50 M Satisfied
14 Jan 1995 Indian Overseas Bank ₹0.70 M Satisfied
29 Sep 1994 Indian Overseas Bank ₹1.00 Cr Satisfied

How Many Employees Work at Paithan Paper Mills?

Unlock and access historical data on people associated with Paithan Paper Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paithan Paper Mills, 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 Paithan Paper Mills'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 Paithan Paper Mills

Recent activity within the organization

  • Annual General Meeting

    Paithan Paper Mills Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Paithan Paper Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 22 Mar 1993 via Charge ID 90219569 with The Industrial Credit And Investment Corportion Of India was fully satisfied on 23 Dec 2013.

    23 Dec 2013

  • Director Appointment

    Anil Shankarlal Mittal was appointed as a Director was appointed as a Director on 15 Nov 2013 & has been associated with this company since 11 years 2 months .

    15 Nov 2013

  • Director Appointment

    Seema Sunil Mittal was appointed as a Director was appointed as a Director on 10 Sep 2013 & has been associated with this company since 11 years 4 months .

    10 Sep 2013

  • Charges

    A charge registered on 25 Aug 1992 via Charge ID 80012242 with The Industrial Development Bank Of India was fully satisfied on 22 Apr 2013.

    22 Apr 2013

Frequently asked questions

  • Paithan Paper Mills Limited was incorporated on 04 Dec 1974.

  • The authorized share capital of Paithan Paper Mills Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.12 Cr.

  • Currently 3 directors are associated with Paithan Paper Mills Limited.

    • Anil Shankarlal Mittal
    • Seema Sunil Mittal
    • Badal Maliram Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paithan Paper Mills Limited is M.I.D.C.Paithan Dist India, Aurangabad, Maharashtra, 431148.

  • The corporate identification number (CIN) of Paithan Paper Mills Limited is U21000MH1974PLC017962 and the company number is 017962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paithan Paper Mills Limited is https://www.apml.co.in

  • The financial reports for the fiscal year 2021 indicates that The net worth of Paithan Paper Mills Limited has experienced an downturn of -3.95%.

  • The most recent Balance Sheet for Paithan Paper Mills Limited was filed with the ROC on 31 Mar 2024.

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