Promoter holding
64.27%
RP
Rainbow Papers Limited - Due diligence report
A 360° intelligence report on Rainbowpapers: trust score, financial health, credit view, compliance, directors, growth and distress signals …
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Rainbowpapers — 360° Intelligence Report
Generated from MCA filings & public records33/100
Trust Score
Caution Indicated
Rainbowpapers is assessed as Caution Indicated with a Trust Score of 33/100. Rainbowpapers is a public limited indian non-government company incorporated in 1986, operating in the Manufacturing sector. Reported revenue has declined 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 high compliance risk and high financial risk profile.
Report generated on 27 Jun 2026 from the latest processed filings. Rainbow 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 ScoreCaution Indicated
33/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 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: 35/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Elevated gearing (D/E 38%).
Charges position: 0 open (-) · 51 satisfied (1,753.77 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Indian Overseas Bank | 14 | 48.0 cr |
| Allahabad Bank | 4 | 48.0 cr |
| Dena Bank | 2 | 48.0 cr |
| Punjab National Bank | 2 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
| Axis Bank Limited | 2 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Converted To Llp" - not Active.
- Last balance sheet is for Mar 2018 - filings overdue.
- Flagged by authority: BANKS, SEBI, NSE.
- Litigation present in 5 court forum(s).
Legal cases on record (5)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| RAHUL JAMNAPRASAD MAHESHWARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJAYKUMAR RADHESHYAM GOENKA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AANAL NANDIK TRIVEDI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KANTIBHAI HIRABHAI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ABHILASH KHIMABHAI SHAKYA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHASHIKANT N THAKKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHASHIKANT NATVERLAL THAKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| INDRASINH BECHARSINH ZALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Shashikant Natverlal Thakar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- AANAL NANDIK TRIVEDI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
| 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 2018 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
7 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
Key managerial personnel: RAHUL JAMNAPRASAD MAHESHWARI (Whole-time director) · AJAYKUMAR RADHESHYAM GOENKA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 25
Growth signals & trust indicators
Operating for 39+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Converted To Llp.
Compliance score is weak (5/100).
5 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence19/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 4 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment23/100
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 gaps should be priced into terms.
Investor view31/100
Limited indicators at present
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events28 Sep 2018
Last AGM held
Annual general meeting
31 Mar 2018
Latest balance sheet
Filed with ROC
28 Sep 2016
Director ceased
ABHILASH KHIMABHAI SHAKYA
16 Jan 2016
Director appointed
SHASHIKANT NATVERLAL THAKAR (Company Secretary)
Director appointed
Shashikant Natverlal Thakar (Company Secretary)
Director ceased
RUNEL UMANG RATHI
30 Dec 2015
Director appointed
ABHILASH KHIMABHAI SHAKYA (Director)
Director ceased
SHASHIKANT NATVERLAL THAKAR
18 Oct 2015
Charge satisfied
Hdfc Bank Limited
16 Oct 2015
Charge satisfied
Allahabad Bank
07 Oct 2015
Charge satisfied
Indusind Bank Limited
01 Oct 2015
Charge satisfied
Indusind Bank Limited
29 Sep 2015
Charge satisfied
Indian Overseas Bank
28 Sep 2015
Director ceased
INDRASINH BECHARSINH ZALA
12 Aug 2015
Director appointed
INDRASINH BECHARSINH ZALA (Director)
10
Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
9 active director(s) / partner(s); review board churn before relying on management continuity.
All 51 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2018 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
2 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Reliablepaperindia | U21011MH1999PLC120613 | Mumbai, Maharashtra, India |
| Vinalux Abrasives Private Limited | U24200MH2012PTC226253 | Thane, Maharashtra, India |
| Skyco Paper And Paper Products Private Limited | U21000TZ2010PTC016574 | Coimbatore, Tamil Nadu, India |
| Bhor Industries Limited | U17115PN1943PLC016692 | Pune, Maharashtra, India |
| Greenzee Papers | U74999AP2016PTC104600 | Vijayawada, Andhra Pradesh, India |
| Rvl Tradelink Private Limited | U52609DL2017PTC322285 | Delhi, Delhi, India |
| Sunshine Paperchemicals Private Limited | U24100TG2014PTC093267 | Hyderabad, Telangana, India |
| Sri Pavalambigai Paper And Boards Private Limited | U02102TZ1994PTC004875 | Erode, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Rainbowpapers before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Rainbowpapers: 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 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Rainbowpapers - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 33/100, distress signals and MSME payment-delay disclosures - know whether Rainbowpapers pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Rainbowpapers - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Rainbowpapers an active company?
Rainbowpapers has MCA status “Converted To Llp” with a compliance score of 5/100 (Caution Indicated).
Is Rainbowpapers financially healthy?
Rainbowpapers has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Rainbowpapers?
Its overall Trust Score is 33/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Rainbowpapers?
Promoters hold a minority stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Rainbowpapers have loans or charges against its assets?
No open charges - all 51 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Rainbowpapers up to date with its ROC filings?
Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Rainbowpapers?
Its Credit Risk Score is 35/100 (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.
