Company CVAbout South India Paper Mills Ltd 
South India Paper Mills Ltd
Micro Cap
Paper, Forest & Jute Products
South India Paper Mills Limited (SIPM), incorporated in year 1959, is engaged in manufacture of Paper, Paperboards, Cartons and Power Generation. The paper plant is located 150 km from Bangalore near Nanjangud in Karnataka state. The current capacity is about 200 MT/day. The manufacturing process is based on the recycling of scrap paper both imported and domestic. Some purchased pulp is also used. Paper is manufactured on three paper machines of capacity 45TPD.
Company Coordinates
Company Details
Chikkayanachatra P O , Nanjangud Karnataka : 571302
Registrar Details
Karvy Computershare Pvt Ltd, Plot No 17-24 , Near Image Hospital,, Reliance Cybervilae,Vithalrao Nagar,, Madhapur, Hyderabad
Capital StructureCapital Structure
Present Equity Capital
INR 18.75 Cr
Number of Shares
1.88 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
28-Mar-2023
1.88
18.75
3750000
10
Preferential Allotment
06-Sep-2010
1.5
15.00
7500000
10
Bonus
06-Sep-2010
1.5
15.00
7500000
10
Bonus
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Non Institution
Pledged Promoter Holdings
None
Mutual Funds
Held by 1 Schemes (0.01%)
FIIs
Held by 0 FIIs
Promoter with highest holding
Upendra Ambalal Patel (3.56%)
Highest Public shareholder
Harshad Natvarlal Modi (13.55%)
Individual Investors Holdings
40.93%
Board of Directors
Management
Designation
Remuneration
Manish M Patel
Chairman & Managing Director
1.04 cr
Dineshchandra C Patel
Non Executive Director
50.0 k
Jagdish M. Patel
Independent Non Exe. Director
1.1 lacs
MADDUR MOHAN KUMAR
Independent Non Exe. Director
1.25 lacs
S. R. Chandrasekara Setty
Independent Non Exe. Director
1.05 lacs
Ajay Patel
Non Executive Director
40.0 k
N. S. Kishore Kumar
Independent Non Exe. Director
60.0 k
Jitendra A Patel
Non Executive Director
40.0 k
Girija Shankar
Independent Non Exe. Director
70.0 k
HARSHAD NATVARLAL MODI
Non Executive Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
Paper(Kraft)/Waste Paper
226.3848
0%
Paper(Kraft)/Waste Paper
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Other Operating Revenues
0.61
0.25%
Other Operating Revenues
Other Operating Revenues
Stock DNARevenue and Profits:
Net Sales:
112 Cr
(Quarterly Results - Sep 2025)
Net Profit:
3 Cr
Paper, Forest & Jute Products
INR 163 Cr (Micro Cap)
NA (Loss Making)
19
0.00%
0.79
-0.94%
0.75
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