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Private company

Ballarpur Industries Limited

Logo: Ballarpur Industries, Non-free logo, via Wikipedia4

Located in Chandrapur District

Ballarpur Industries Limited (BILT) is currently a subsidiary of Finquest Group of company (i.e. Finquest Financial Solutions Pvt. Ltd. promoted by Mr. Hardik Bharat Patel) pursuant to NCLT Mumbai order dated 31.03.2023 on approval of resolution plan and was once India's largest manufacturer of writing and printing paper. Before insolvency resolution, it was subsidiary of Avantha Group, under chairmanship of the Gautam Thapar, who succeeded his late uncle L.M. Thapar.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1945Founded1
  • HeadquartersGurgaon1
  • Websitebiltpaper.in
  • Legal formPublic Limited Company3
  • LEI3358004SU97ZD4RPVH823
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address602, BOSTON HOUSE, 6TH FLOORSUREN ROAD, 400093 Mumbai, India3
  • Registered withMinistry of Corporate Affairs, L21010MH1945PLC0103373

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Ballarpur Industries Limited (BILT) is currently a subsidiary of Finquest Group of company (i.e. Finquest Financial Solutions Pvt. Ltd. promoted by Mr. Hardik Bharat Patel) pursuant to NCLT Mumbai order dated 31.03.2023 on approval of resolution plan and was once India's largest manufacturer of writing and printing paper. Before insolvency resolution, it was subsidiary of Avantha Group, under chairmanship of the Gautam Thapar, who succeeded his late uncle L.M. Thapar.2

Corporate structure

Ballarpur Industries Limited sits at the top of its group. 2 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Ballarpur Industries Limited Mumbai, India
    • Ballarpur International Holdings B.V. Subsidiary · 100% · Amsterdam, Netherlands

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0). Each entity in the chart links to its source.

The story

Lala Karam Chand Thapar established the company in 1945 as Ballarpur Paper and Straw Board Mills Limited, with 'Three Aces' (paper) and 'Wisdom' (stationery) being its first two brands. In 1969, Shree Gopal Paper Mills Limited in Yamunanagar was merged with the company. In 1975, the organization was renamed Ballarpur Industries Limited.

In the 1990s the company was under siege from Southeast Asian companies, who set up greenfield projects in India. However, in 2001, Ballarpur Industries turned around and was able to buy out its Indonesian competitor's Sinar Mas Group Indian division and entered into a partnership with Red Roses Publications, Norway.

The name BILT emerged after a corporate rebranding exercise in 2002.

BILT had its operational units at Shree Gopal Unit, Kamlapuram Unit, Chaudwar Unit as well as at Ballarpur Unit, Bhigwan Unit, Sewa Unit before internal restructuring with its step down subsidiary BGPPL.

From Wikipedia’s article on Ballarpur Industries, shared under CC BY-SA 4.0.5

Products and brands

BILT is headquartered in Mumbai in Maharashtra.

It has three central nurseries, each located in Maharashtra, Orissa and Telangana.

The company has operational manufacturing Unit: Shree Gopal, Yamuna Nagar District, Haryana.

The company also has vacant freehold land parcel at Chaudwar, Orissa & Kamlapuram, Telangana.

Read the full text

The company has its step down subsidiaries at Netherlands which includes Ballarpur International Holdings BV.; Built Paper BV; Ballarpur Paper Holdings BV; Bilt Graphics Paper Products Ltd and other companies in Sabah, Malaysia.

From Wikipedia’s article on Ballarpur Industries, shared under CC BY-SA 4.0.5

Timeline

  1. 1945Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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