About Shree Ajit Pulp and Paper Ltd 
Shree Ajit Pulp and Paper Ltd
Micro Cap
Paper & Paper Products
Shree Ajit Pulp and Paper Ltd.(SAPPL), was incorporated as Private Limited Company on March 23, 1995 and converted into a Public Limited Company on November 13, 1995. The Company manufactures Multilayer Testliner & Testliner Paper from 80 to 350 GSM and 18 to 35 BF in Vapi. This product is mainly used for making Corrugated Boxes, Duplex Cartons, Corrugated small e-fluet etc. as packaging material. Apart from this, it is having 2 wind mills for total capacity of 2.
Company Coordinates 
Company Details
No239 Near Morai Railway Cross, Village Salvav VAPI Gujarat : 396191
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai
Capital Structure 
Present Equity Capital
INR 8.85 Cr
Number of Shares
88.51 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
19-Sep-2024
88.51
8.85
38
10
Rights Partly Paid to Fully Paid Up
26-Aug-2024
88.51
8.85
3494006
10
Rights Partly Paid to Fully Paid Up
18-Jan-2024
89.28
8.93
3571133
10
Right Issues
31-Dec-2011
53.57
5.36
-394900
10
Forfeited Shares
31-Dec-2011
53.57
5.36
-394900
10
Forfeited Shares
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 0 FIIs
Promoter with highest holding
Gautam D Shah (20.72%)
Highest Public shareholder
Mayur J Shah (9.17%)
Individual Investors Holdings
35.62%
Management
Designation
Remuneration
Gautam D Shah
Chairman & Managing Director
1.31 cr
Darshak B Shah
Independent Director
95.0 k
Bela G Shah
Whole Time Director & CFO
1.31 cr
Nawalkishore D Modi
Independent Director
80.0 k
Shanoo Mathew
Company Sec. & Compli. Officer
0
YOGESH VALJIBHAI KABARIA
Independent Director
65.0 k
Prakash Dayarambhai Patel
Executive Director
0
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
Waste Paper (Imported)
9595.09
0%
Other Raw Materials
1875.5
0%
Traded goods-Purchases
3.364
0%
Waste Paper (Imported)
Other Raw Materials
Traded goods-Purchases
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Multilayer Testliner & Testliner Paper
262.17
97.21%
Wind Mill
3.29
1.22%
Multilayer Testliner & Testliner Paper
Multilayer Testliner & Testliner Paper
Wind Mill
Wind Mill
Revenue and Profits:
Net Sales:
121 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
Paper & Paper Products
INR 180 Cr (Micro Cap)
22.00
9
0.00%
1.08
3.31%
0.74