About South India Paper Mills Ltd 
South India Paper Mills Ltd
Micro Cap
Paper & Paper 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 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
Shareholding 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
40.89%
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 Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Other Operating Revenues
0.61
0.25%
Other Operating Revenues
Other Operating Revenues
Revenue and Profits:
Net Sales:
84 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-3 Cr
Paper & Paper Products
INR 163 Cr (Micro Cap)
NA (Loss Making)
8
0.00%
0.87
-5.00%
0.73