The South India Paper Mills Limited

Manufacturer of paper and paper products with a captive power plant, located in Karnataka.

1959 | Mysore, Karnataka (India) | Active
Last Updated:

The South India Paper Mills Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 18.75 Cr
  • Company Age 65 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 264.38 Cr
  • Satisfied Charges ₹ 93.09 Cr
  • Revenue Growth 34.66%
  • Profit Growth 13.71%
  • Ebitda -0.33%
  • Net Worth 11.06%
  • Total Assets 38.97%

About The South India Paper Mills

The South India Paper Mills Limited (TSIPML) was founded in India on 06 June 1959 and has a glorious history of 65 years and eight months. Its registered office is in Mysore, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 516108.

The Corporate was formerly known as The South India Paper Mills Private Limited. The Company is engaged in the Packaging 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 20.00 Cr and a paid-up capital of Rs 18.75 Cr.

The company currently has active open charges totaling ₹264.38 Cr. The company has closed loans amounting to ₹93.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The South India Paper Mills Limited India are Vidya Bhat as COMPANY SECRETARY and B Holla as Cfo. Kanishka Modi, Girija Shankar, Sundaram Shivakumar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sipaper.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L85110KA1959PLC001352

  • Company No.

    001352

  • Stock Symbol

    BSE : 516108

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jun 1959

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Packaging

Who are the key members and board of directors at The South India Paper Mills?

Executive Team (3)

NameDesignationAppointment DateStatus
Manish Patel Country flag representing In Managing Director09-Oct-1990Current
Vidya Bhat Country flag representing In Company Secretary29-Oct-2015Current
B Holla Country flag representing In CFO22-May-2014Current

Board Members (9)

NameDesignationAppointment DateStatus
Maddur Kumar Country flag representing In Director 28-Jun-1994Current
Ajay Patel Country flag representing In Director 31-Aug-1996Current
Kanishka Modi Country flag representing In Whole-Time Director 15-Dec-2023Current
Girija Shankar Country flag representing In Director 31-Mar-2015Current
Sundaram Shivakumar Country flag representing In Director 01-Jul-2024Current
Kishorekumar Nuggehalli Country flag representing In Director 31-Jan-2011Current

Financial Performance of The South India Paper Mills.

The South India Paper Mills Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 34.66% increase. The company also saw a substantial improvement in profitability, with a 13.71% increase in profit. The company's net worth Soared by an impressive increase of 11.06%.

The South India Paper Mills revenue growth over time
The South India Paper Mills 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
34.66%
Revenue from Operations
34.65%
Total Assets
38.97%
Profit or Loss
13.71%
Net Worth
11.06%
EBITDA
-0.33%

What is the Ownership and Shareholding Structure of The South India Paper Mills?

In 2022, The South India Paper Mills had a promoter holding of 41.91% and a public holding of 58.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹264.38 Cr

Satisfied Charges

₹93.09 Cr

Charges Breakdown by Lending Institutions

  • Others : 214.38 Cr
  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2022Hdfc Bank Limited₹50.00 CrOpen
29 Jun 2019Others₹110.00 CrOpen
29 Jun 2019Others₹17.42 CrOpen
12 Feb 2016Others₹7.18 CrOpen
12 Feb 2016Others₹8.31 CrOpen

How Many Employees Work at The South India Paper Mills?

The South India Paper Mills has a workforce of 391 employees as of Apr 04, 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 The South India Paper Mills Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The South India 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 The South India 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 The South India Paper Mills

Recent activity within the organization

  • Annual General Meeting

    The South India Paper Mills Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sundaram Shivakumar was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 8 months 2 days .

  • Balance Sheet

    The South India Paper Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 30 Nov 2022 via Charge ID 100665388 with Others was fully satisfied on 19 Jan 2024.

  • Director Appointment

    Kanishka Harshad Modi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 15 Dec 2023 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Harshad Natvarlal Modi was appointed as a Director was appointed as a Director on 27 Jul 2023 & has been associated with this company since 1 year 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of The South India Paper Mills Limited?

    The South India Paper Mills Limited was incorporated on 06 Jun 1959.

  • What is authorized share capital and paid-up capital of The South India Paper Mills Limited?

    The authorized share capital of The South India Paper Mills Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.75 Cr.

  • Who are the current board members & directors of The South India Paper Mills Limited?

    Currently 12 directors are associated with The South India Paper Mills Limited.

    • Vidya Bhat
    • B Ravi Holla
    • Kanishka Harshad Modi
    • Girija Shankar
    • Sundaram Shivakumar
    • Kishorekumar Srinivasan Nuggehalli
    • Ajay Dineshchandra Patel
    • Jitendra Ambalal Patel
    • Harshad Natvarlal Modi
    • Manish Mahendra Patel
    • Maddur Gundurao Mohan Kumar
    • Segu Radhakrishna Setty Chandrasekarasetty

  • What is the registered address of The South India Paper Mills Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The South India Paper Mills Limited is Chikkayana Chatra, P.O. India, Nanjangud., Karnataka, 571301.

  • What is the corporate identification number (CIN) and company number of The South India Paper Mills Limited?

    The corporate identification number (CIN) of The South India Paper Mills Limited is L85110KA1959PLC001352 and the company number is 001352 as per Ministry of Corporate Affairs (MCA).

  • Is The South India Paper Mills Limited registered with any stock exchange in India?

    Yes, The South India Paper Mills Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of The South India Paper Mills Limited?

    The Official website of The South India Paper Mills Limited is https://www.sipaper.com

  • What has been the recent revenue trend for The South India Paper Mills Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for The South India Paper Mills Limited has risen by 34.66%.

  • How many employees does The South India Paper Mills Limited currently have?

    As Per 2022 financial reports, 391 employees are currently employed by The South India Paper Mills Limited.

  • What change has been observed in the net worth of The South India Paper Mills Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The South India Paper Mills Limited has experienced an upsurge of 11.06%.

  • What are the total open charges for The South India Paper Mills Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for The South India Paper Mills Limited amount to ₹ 264.38 Cr.

  • When was the last Balance Sheet of The South India Paper Mills Limited filed with the ROC?

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

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