Agarwal Duplex Board Unquoted Share Price

About Agarwal Duplex Board Mills Limited Unquoted/Illiquid Shares

Agarwal Duplex Board Mills Ltd. is a Public Limited Company, incorporated on 01 September 1984. It is classified as Non-govt Company and is registered at Registrar of Companies, Delhi. The company’s authorized share capital is Rs.13,50,00,000 and paid up is Rs.13,50,00,000. It is a well known as Manufacturer and Supplier of Duplex Boards, Kraft Papers, Poster Paper, and Tissue Paper. Fabricated from the finest grade of raw material, their range of products is known for its smooth surface and high quality. Their products are extensively used in educational institutions for arts and crafts, offices, restaurants etc.

INCORPORATION DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY

BOARD OF DIRECTORS

Mr. Neeraj Goel – Managing Director

Mr. Abhishek Agarwal – Whole time Director

Mr. Suresh Chand – Non - Executive Director

Mr. Ankur Sangal – Independent Director

Mr. Malav Goel – Independent Director

Mrs. Pooja Bhardwaj – Independent Director

PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES

Agarwal Duplex Board Mills Limited does not have any subsidiary or associate company.

SHAREHOLDING PATTERN  (As of 31-03-2022)

INDUSTRY OUTLOOK

Paper consumption in India is likely to witness 6 to 7 per cent annual growth and will reach 30 million tonnes by FY 2026-27, largely driven by emphasis on education and literacy coupled with growth in organized retail, according to industry body IPMA.

The paper Industry holds immense potential for growth in India as the per capita consumption globally is one of the lowest, the Indian Paper Manufacturers Association (IPMA) said in a statement.

"Around 15 per cent of the world population stays in India but consumes only 5 per cent of the total paper produced in the world," the statement said. The emphasis on education and literacy coupled with growth in organized retail and demand for better quality paper are the major drivers of growth.

Moreover, there has been continued demand for quality packaging of FMCG products, pharmaceuticals, textiles, organized retail, booming ecommerce, and other segments, it said.

According to industry body IPMA, paper consumption in India is projected to grow by 6-7 per cent per annum in the next five years so as to reach 30 million tonnes by the year FY27, making it the fastest growing paper market in the world.

"Paper Industry in the country has undergone a transformation of sorts in the last few years. The industry has gone up the sustainability curve and has become far more technologically advanced.

"In the last five to seven years, an amount of over Rs 25,000 Crore has been invested in new efficient capacities and induction of clean and green technologies," IPMA President A S Mehta.

The estimated turnover of the industry is Rs 70,000 Crore with domestic market size of Rs 80,000 Crore.

Indian Agro & Recycled Paper Mills Association (IARPMA) President Pramod Agarwal said during COVID, while writing and printing paper witnessed demand contraction, the paper packaging industry fared well as the pharma sector, FMCG and growth in e-commerce played a major role in driving growth in the paper sector.

As per a report by IPMA on the paper industry, India's Exports of paper & paperboard in the first nine months of FY2021-22 have already overtaken record exports achieved in the entire FY2020-21.