Ganga Papers India Ltd

Ganga Papers India Ltd

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About

Ganga was initially incorporated as Kasat Paper & Pulp in 1985.The company manufactures Kraft Paper, Pulp, News Print, writing printing paper and Packaging Paperboard [1][2]

Key Points

Company History[1]
Ganga Papers India Limited, GPIL (formerly Kasat Paper and Pulp Ltd) was incorporated in 1985. The company was initially promoted by Mr Shrikant Mohanlal Kasat in 1985 and was taken public in 1996. The company was declared sick company and was registeredwith BIFR in 2003 due to adverse operating conditions. The plant remained non-operational between 2003 and 2006. Under the BIFR rehabilitation programme, it was taken over by new promoters, Mr Ramesh Chaudhary and Mr. Sharwan Kumar Kanodia in 2006.

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Pros

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Peer comparison

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Quarterly Results

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Profit & Loss

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Balance Sheet

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Shareholding Pattern

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Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
74.98% 74.98% 74.98% 74.98% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99% 74.99%
0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25%
24.77% 24.77% 24.77% 24.77% 24.78% 24.77% 24.77% 24.76% 24.77% 24.78% 24.77% 24.77%
No. of Shareholders 447434481592616631657645672701834859

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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