Rainbow Papers Limited

Produces various types of paper products, including newsprint, writing and printing paper, and duplex boards.

1986 | Ahmedabad, Gujarat (India) | Converted to LLP
Last Updated: April 24, 2024

Rainbow Papers Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 21.24 Cr
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 1,753.77 Cr
  • Revenue Growth -99.44%
  • Profit Growth -17.32%
  • Ebitda -228.83%
  • Net Worth -1664.20%
  • Total Assets -12.09%

About Rainbow Papers

Rainbow Papers Limited (RPL) is Converted To Llp company established on 04 Jul 1986 with its office registered at Ahmedabad, Gujarat, India and has been running since 38 Year, 7 Months with a paid up capital of 21.24 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 24 Apr 2024.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rainbowpapers.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L21010GJ1986PLC008772

  • Company No.

    008772

  • Stock Symbol

    BSE : 523523

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Jul 1986

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Executive Team (2)

NameDesignationAppointment DateStatus
Shashikant Thakkar Country flag representing In Company SecretaryCurrent
Ajaykumar Goenka Country flag representing In Managing Director21-Aug-2008Current

Board Members (5)

NameDesignationAppointment DateStatus
Abhilash Shakya Country flag representing In Director 30-Dec-2015Current
Rahul Maheshwari Country flag representing In Whole-Time Director 30-Aug-2011Current
Indrasinh Zala Country flag representing In Director 12-Aug-2015Current
Kantibhai Patel Country flag representing In Director 12-Aug-2010Current
Aanal Trivedi Country flag representing In Director 12-Aug-2014Current

Financial Performance of Rainbow Papers.

Rainbow Papers Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.44% decrease. The company also saw a substantial fall in profitability, with a 17.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1664.2%.

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
-99.44%
Revenue from Operations
-99.45%
Total Assets
-12.09%
Profit or Loss
-17.32%
Net Worth
-1664.20%
EBITDA
-228.83%

What is the Ownership and Shareholding Structure of Rainbow Papers?

In 2018, Rainbow Papers had a promoter holding of 13.37% and a public holding of 86.63%. 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

₹1,753.77 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 1162.35 Cr
  • Allahabad Bank : 145.00 Cr
  • Dena Bank : 113.00 Cr
  • Punjab National Bank : 100.00 Cr
  • Bank Of India : 75.00 Cr
  • Others : 158.42 Cr

Latest Charge Details

DateLenderAmountStatus
07 Apr 2015Indian Overseas Bank₹5.00 CrSatisfied
22 Oct 2014Axis Bank Limited₹9.00 CrSatisfied
09 Oct 2014Indian Overseas Bank₹5.00 CrSatisfied
25 Sep 2014Axis Bank Limited₹34.25 CrSatisfied
30 Jun 2014Indian Overseas Bank₹5.00 CrSatisfied

How Many Employees Work at Rainbow Papers?

Rainbow Papers has a workforce of 944 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Rainbow Papers Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Rainbow Papers Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Director Appointment

    Abhilash Khimabhai Shakya was appointed as a Director was appointed as a Director on 30 Dec 2015 & has been associated with this company since 9 years 1 month .

    30 Dec 2015

  • Charges

    A charge registered on 07 Nov 2012 via Charge ID 10388819 with Hdfc Bank Limited was fully satisfied on 18 Oct 2015.

    18 Oct 2015

  • Charges

    A charge registered on 22 Mar 2013 via Charge ID 10414078 with Allahabad Bank was fully satisfied on 16 Oct 2015.

    16 Oct 2015

  • Charges

    A charge registered on 21 Sep 2013 via Charge ID 10453523 with Indusind Bank Limited was fully satisfied on 07 Oct 2015.

    07 Oct 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Rainbow Papers Limited was incorporated on 04 Jul 1986.

  • The authorized share capital of Rainbow Papers Limited is ₹ 40.00 Cr and paid-up capital is ₹ 21.24 Cr.

  • Currently 7 directors are associated with Rainbow Papers Limited.

    • Shashikant N Thakkar
    • Ajaykumar Radheshyam Goenka
    • Rahul Jamnaprasad Maheshwari
    • Abhilash Khimabhai Shakya
    • Indrasinh Becharsinh Zala
    • Kantibhai Hirabhai Patel
    • Aanal Nandik Trivedi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rainbow Papers Limited is 801 Avdesh House 8Th Flooropp Guru Gobind, Gurudwara Gandhinagar-Sarkhej Highway, Thaltej Ahmedabad, Gujarat, India, 380054.

  • The corporate identification number (CIN) of Rainbow Papers Limited is L21010GJ1986PLC008772 and the company number is 008772 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rainbow Papers Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rainbow Papers Limited is https://www.rainbowpapers.com

  • According to the financial reports for the fiscal year 2018, the revenue trend for Rainbow Papers Limited has fallen by -99.44%.

  • As Per 2018 financial reports, 944 employees are currently employed by Rainbow Papers Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Rainbow Papers Limited has experienced an downturn of -1664.20%.

  • The most recent Balance Sheet for Rainbow Papers Limited was filed with the ROC on 31 Mar 2018.

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