Rac Papers Limited

Manufacturer of kraft paper, newsprint paper, and duplex board using waste paper and dyes.

1985 | Uttar Pradesh, Uttar Pradesh (India) | Active
Last Updated:

Rac Papers Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.67 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.58 Cr
  • Satisfied Charges ₹ 26.81 Cr
  • Revenue Growth -7.50%
  • Profit Growth 70.36%
  • Ebitda -4.07%
  • Net Worth 4.69%
  • Total Assets 0.14%

About Rac Papers

Rac Papers Limited (RPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 1985 and has a history of 39 years and two months. Its registered office is in Uttar Pradesh, Uttar Pradesh, India.

The Corporate was formerly known as Sagar Duplex Board Limited. 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 6.00 Cr and a paid-up capital of Rs 5.67 Cr.

The company currently has active open charges totaling ₹43.58 Cr. The company has closed loans amounting to ₹26.81 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Mittal, Ajay Mittal, Paritosh Chauhan, and Five other members serve as directors at the Company.

Company Details

  • Location

    Uttar Pradesh, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21015UP1985PLC007557

  • Company No.

    007557

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Dec 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

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

Board Members (8)

NameDesignationAppointment DateStatus
Sanjay Mittal Country flag representing In Director 01-May-2003Current
Ajay Mittal Country flag representing In Director 01-May-2003Current
Paritosh Chauhan Country flag representing In Director 05-Dec-2022Current
Akansh Gupta Country flag representing In Director 06-Aug-2022Current
Paritosh Bansal Country flag representing In Director 05-Dec-2022Current
Sunil Gupta Country flag representing In Director 18-Aug-2020Current

Financial Performance of Rac Papers.

Rac Papers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.5% decrease. The company also saw a substantial improvement in profitability, with a 70.36% increase in profit. The company's net worth moved up by a moderate rise of 4.69%.

Rac Papers revenue growth over time
Rac 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
-7.50%
Revenue from Operations
-7.63%
Total Assets
0.14%
Profit or Loss
70.36%
Net Worth
4.69%
EBITDA
-4.07%

What is the Ownership and Shareholding Structure of Rac Papers?

In 2023, Rac Papers had a promoter holding of 42.25% and a public holding of 57.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.58 Cr

Satisfied Charges

₹26.81 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 43.20 Cr
  • Others : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2024Indian Bank₹3.90 MOpen
18 Jan 2022Indian Bank₹2.40 CrOpen
31 Mar 2021Others₹3.80 MOpen
18 Aug 2020Indian Bank₹2.60 CrOpen
22 Apr 2008Indian Bank₹37.81 CrOpen

How Many Employees Work at Rac Papers?

Rac Papers has a workforce of 133 employees as of Mar 21, 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 Rac Papers Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rac 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 Rac 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 Rac Papers

Recent activity within the organization

  • Director Appointment

    Naveen Gupta was appointed as a Additional Director was appointed as a Additional Director on 09 Mar 2024 & has been associated with this company since 11 months 25 days .

  • Charges

    A charge with Indian Bank amounted to Rs. 0.39 Cr with Charge ID 100889471 was registered on 28 Feb 2024.

  • Charges

    A charge registered on 16 Aug 2023 via Charge ID 100778084 with Indian Bank was fully satisfied on 02 Jan 2024.

  • Charges

    A charge with Indian Bank of Rs. 37.81 Cr registered on 22 Apr 2008 with Charge ID 10098929 was modified on 11 Dec 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Indian Bank amounted to Rs. 4.00 Cr with Charge ID 100778084 was registered on 16 Aug 2023.

Frequently asked questions

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

    Rac Papers Limited was incorporated on 04 Dec 1985.

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

    The authorized share capital of Rac Papers Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.67 Cr.

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

    Currently 8 directors are associated with Rac Papers Limited.

    • Sanjay Mittal
    • Ajay Kumar Mittal
    • Paritosh Chauhan
    • Akansh Gupta
    • Paritosh Kumar Bansal
    • Sunil Gupta
    • Naman Mittal
    • Naveen Gupta

  • What is the registered address of Rac Papers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rac Papers Limited is Ganesh Cold Storagecomplex Railway Road Meerut, Uttar Pradesh, India, 250001.

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

    The corporate identification number (CIN) of Rac Papers Limited is U21015UP1985PLC007557 and the company number is 007557 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Rac Papers Limited has fallen by -7.50%.

  • How many employees does Rac Papers Limited currently have?

    As Per 2023 financial reports, 133 employees are currently employed by Rac Papers Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Rac Papers Limited has experienced an upsurge of 4.69%.

  • What are the total open charges for Rac Papers Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Rac Papers Limited amount to ₹ 43.58 Cr.

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

    The most recent Balance Sheet for Rac Papers Limited was filed with the ROC on 31 Mar 2023.

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