Shreenidhi Papers Private Limited

Manufactures and supplies kraft paper, established in 2001, based in Hubli, Karnataka.

2001 | Uttara Kannada, Karnataka (India) | Under Insolvency
Last Updated: January 17, 2025

Shreenidhi Papers Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 23 Year, 2 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 12.05 Cr
  • Revenue Growth -80.51%
  • Profit Growth -15.09%
  • Ebitda -20.99%
  • Net Worth -32.39%
  • Total Assets 10.15%

About Shreenidhi Papers

Shreenidhi Papers Private Limited (SPPL) is Under Cirp company established on 15 Nov 2001 with its office registered at Uttara Kannada, Karnataka, India and has been running since 23 Year, 2 Months with a paid up capital of 0.30 M. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Uttara Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U21099KA2001PTC029766

  • Company No.

    029766

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Nov 2001

  • Date of AGM

    29 Nov 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Chikkayya Prasadayyagol Country flag representing In Director 19-Nov-2020 Current
Timmanna Soraganvi Country flag representing In Additional Director 02-Feb-2022 Current
Abdulrehaman Bagawan Country flag representing In Additional Director 21-Sep-2022 Current

Financial Performance of Shreenidhi Papers.

Shreenidhi Papers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 80.51% decrease. The company also saw a substantial fall in profitability, with a 15.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 32.39%.

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
-80.51%
Revenue from Operations
-80.88%
Total Assets
10.15%
Profit or Loss
-15.09%
Net Worth
-32.39%
EBITDA
-20.99%

What is the Ownership and Shareholding Structure of Shreenidhi Papers?

In 2020, Shreenidhi Papers had a promoter holding of 36.67% and a public holding of 63.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹120.50 M

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2019 Others ₹3.50 Cr Open
21 Jul 2017 Others ₹1.50 Cr Satisfied
07 Apr 2014 The Sirsi Urban Sahakari Bankltd ₹1.50 Cr Satisfied
28 Mar 2014 The Sirsi Urban Sahakari Bankltd ₹2.00 Cr Satisfied
06 Feb 2012 The Sirsi Urban Sahakari Bankltd ₹1.15 Cr Satisfied

How Many Employees Work at Shreenidhi Papers?

Shreenidhi Papers has a workforce of 82 employees as of Apr 08, 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 Shreenidhi 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 Shreenidhi 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 Shreenidhi Papers

Recent activity within the organization

  • Director Appointment

    Abdulrehaman Abdulkhadar Bagawan was appointed as a Additional Director was appointed as a Additional Director on 21 Sep 2022 & has been associated with this company since 2 years 4 months .

    21 Sep 2022

  • Director Appointment

    Timmanna Soraganvi was appointed as a Additional Director was appointed as a Additional Director on 02 Feb 2022 & has been associated with this company since 2 years 11 months .

    02 Feb 2022

  • Annual General Meeting

    Shreenidhi Papers Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.

    29 Nov 2021

  • Balance Sheet

    Shreenidhi Papers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Chikkayya Prasadayyagol was appointed as a Director was appointed as a Director on 19 Nov 2020 & has been associated with this company since 4 years 2 months .

    19 Nov 2020

  • Charges

    A charge registered on 21 Jul 2017 via Charge ID 100118489 with Others was fully satisfied on 13 Aug 2019.

    13 Aug 2019

Frequently asked questions

  • Shreenidhi Papers Private Limited was incorporated on 15 Nov 2001.

  • The authorized share capital of Shreenidhi Papers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 3 directors are associated with Shreenidhi Papers Private Limited.

    • Chikkayya Prasadayyagol
    • Timmanna Soraganvi
    • Abdulrehaman Abdulkhadar Bagawan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreenidhi Papers Private Limited is Block No. 11 Kerwad Village Haliyal Taluk, India, Dandeli, Karnataka, 581325.

  • The corporate identification number (CIN) of Shreenidhi Papers Private Limited is U21099KA2001PTC029766 and the company number is 029766 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreenidhi Papers Private Limited is https://www.shreyaspapers.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Shreenidhi Papers Private Limited has fallen by -80.51%.

  • As Per 2020 financial reports, 82 employees are currently employed by Shreenidhi Papers Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Shreenidhi Papers Private Limited has experienced an downturn of -32.39%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Shreenidhi Papers Private Limited amount to ₹ 3.50 Cr.

  • The most recent Balance Sheet for Shreenidhi Papers Private Limited was filed with the ROC on 31 Mar 2021.

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