Promoter holding
64.27%
NP
Nice Papers Limited - Due diligence report
A 360° intelligence report on Nice Papers Limited: trust score, financial health, credit view, compliance, directors, growth and distress si…
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Nice Papers Limited — 360° Intelligence Report
Generated from MCA filings & public records62/100
Trust Score
Moderate
Nice Papers Limited is assessed as Moderate with a Trust Score of 62/100. Nice Papers Limited is an active public limited indian non-government company incorporated in 1991, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Nice Papers Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
62/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
Charges position: 0 open (-) · 8 satisfied (11.80 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Axis Bank Limited | 1 | 48.0 cr |
| Oriental Bank Of Commerce | 2 | 48.0 cr |
| The United Western Bank Ltd. | 1 | 48.0 cr |
| The Maharashtra State Finance Corporation | 1 | 48.0 cr |
| Sicom Limited | 1 | 48.0 cr |
| Oriental Bank Of Commerce | 1 | 48.0 cr |
Compliance Score: 86/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VISHAL MANORRAO GORLE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KISHOR BHIMJI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJESH BHIMJI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| UMESH PANCHAN PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a majority stake - exact percentages are part of the full report.
Key managerial personnel: RAJESH BHIMJI PATEL (Managing Director) · UMESH PANCHAN PATEL (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 60 · Distress 40
Growth signals & trust indicators
Steady revenue growth: +38% over 4 year(s).
Operating for 34+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment43/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- No existing security registered - first-charge position available.
- Compliance record supports lending.
Investor view41/100
Limited indicators at present
Growth quality and scalability through an investor lens.
- 1 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
01 Mar 2025
Charge satisfied
Axis Bank Limited
13 Jun 2024
Charge satisfied
Others
08 Jan 2022
Charge created
Others - 14.00 Lakh
29 Sep 2018
Director ceased
KISHOR BHIMJI PATEL
25 Dec 2017
Director appointed
KISHOR BHIMJI PATEL (Director)
15 Dec 2017
Director ceased
GAURAV GUNVANTRAI CHAUHAN
29 Sep 2017
Director ceased
VISHAL MANORRAO GORLE
01 Jan 2017
Director ceased
SUMER JAIKUMAR KALAMKAR
Director ceased
SANJOT AVINASH JOHARAPURKAR
11 Nov 2016
Director appointed
VISHAL MANORRAO GORLE (Director)
30 Dec 2015
Director ceased
RAJESH BHIMJI PATEL
Director ceased
UMESH PANCHAN PATEL
25 Aug 2015
Director ceased
ADITYA SURENDRAKUMAR SARAF
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Key Observations
Auto-generated from the data aboveRevenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
All 8 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Itp Limited | U20230TG1986PLC006888 | Hyderabad, Telangana, India |
| Panna Chemicals And Solvents Pvt Ltd | U24110MH1992PTC065808 | Mumbai, Maharashtra, India |
| Shree Arun Packaging Co. | U74950MH1995PTC090579 | Mumbai, Maharashtra, India |
| Anand Diaries Private Limited | U74991DL2006PTC148768 | New Delhi, Delhi, India |
| Doors (India) Private Limited | U28111UP1974PTC003930 | Kanpur, Uttar Pradesh, India |
| United Tradeline Private Limited | U51100GJ1995PTC024407 | Navsari, Gujarat, India |
| Tlpc Packaging Private Limited | U21099DL2020PTC366604 | Delhi, Delhi, India |
| Orchid Packaging Private Limited | U21029TZ2007PTC013995 | Coimbatore, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Nice Papers Limited before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Nice Papers Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Limited indicators at present. Growth score 60/100, margin trends, ownership structure and peer set for Nice Papers Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 62/100, distress signals and MSME payment-delay disclosures - know whether Nice Papers Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Nice Papers Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Nice Papers Limited an active company?
Nice Papers Limited has MCA status “Active” with a compliance score of 86/100 (Low Risk).
Is Nice Papers Limited financially healthy?
Nice Papers Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Nice Papers Limited?
Its overall Trust Score is 62/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Nice Papers Limited?
Promoters hold a majority stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Nice Papers Limited have loans or charges against its assets?
No open charges - all 8 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Nice Papers Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).
Is it risky to lend to Nice Papers Limited?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
