What does Soma Papers and Industries Limited do?

Soma Papers and Industries Limited is a Mumbai-based paper manufacturing company incorporated in 1991. It belongs to the Parijat business group and operates in the medium/small paper segment, involved in the production of paper and paper-related products.

Who promotes Soma Papers and Industries Limited?

Soma Papers and Industries Limited belongs to the Parijat business group. Specific promoter names are not publicly confirmed from available records.

Is Soma Papers and Industries actively operating?

Based on publicly available signals — including an extremely low share price of ₹0.01 and absence of a corporate website — the company appears to have minimal or dormant operational activity. Its current operational status is uncertain.

How do I buy Soma Papers & Industries unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Soma Papers & Industries?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Soma Papers & Industries shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Soma Papers & Industries Unlisted Share Price | Buy Soma Papers & Industries Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Soma Papers & Industries Unlisted Share Price | Buy Soma Papers & Industries Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Soma Papers and Industries Limited (BSE: 516038, CIN: L21093MH1991PLC064085) is a Maharashtra-incorporated paper manufacturer that ceased operations in August 2004. After over two decades of dormancy, new management has initiated a complete transformation: in January 2026 an EGM approved renaming the company to KS Smart Technologies Limited (effective February 4, 2026) and shifting the registered office to Tamil Nadu. FY2023 showed a sharp revenue revival (+74.43%) and profit surge (+216.69%), suggesting new business activity is underway. The company's transition from a dormant paper mill to a technology entity makes this a watch-list shell-to-active conversion story on BSE.

Pros

FY2023 revenue +74.43%, profit +216.69% — significant revival activity under new direction
Active corporate restructuring: name change to KS Smart Technologies Limited (Feb 2026) signals business transformation
Listed on BSE (BSE: 516038) — publicly listed with exchange disclosure obligations

Cons

Core paper manufacturing operations ceased since August 4, 2004 — 20+ years of dormancy
Name and business change (to KS Smart Technologies) signals original business is abandoned
Registered office moving from Maharashtra to Tamil Nadu — geographic and identity discontinuity
Paid-up capital only ₹1.40 Cr vs authorized ₹5 Cr — thin capital base
SEBI document (March 2024) suggests possible open offer/regulatory action — nature unclear
Classified as "delisted shares" on some platforms — trading status ambiguous

Business Segments

Original: Paper manufacturing (ceased operations August 4, 2004)

Post-restructuring (2026): Technology services as KS Smart Technologies Limited, registered office Tamil Nadu

Revenue Model

Soma Papers and Industries generates revenue from manufacturing and selling paper products in the domestic market. As part of the Parijat business group, it may also benefit from group-level procurement and distribution synergies.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds7

Growth Plans

Potential restructuring or revival plan by the Parijat group if the company is to be revitalized

Growth in domestic paper demand driven by packaging and education sectors

Industry Tailwinds

Potential restructuring or revival plan by the Parijat group if the company is to be revitalized

Growth in domestic paper demand driven by packaging and education sectors

Recent Developments

February 4, 2026 — Name changed to KS Smart Technologies Limited via EGM resolution

Registered office being shifted from Maharashtra to Tamil Nadu — business pivot under new management

FY2023: Revenue +74.43%, profit +216.69% — likely reflects initial activity of new business direction

Comparable Companies

CompanyTypeTickerMkt Cap

ITC Limited (Paperboards segment)ListedITC~5,00,000 Cr

JK Paper LtdListedJKPAPER~3,500 Cr

West Coast Paper MillsListedWESTCOASTPA~2,500 Cr

ITC Limited (Paperboards segment)Listed

ITC · ~5,00,000 Cr

Frequently Asked Questions

About Soma Papers & Industries

Soma Papers and Industries Limited is a Mumbai-based paper manufacturing company incorporated in 1991 with CIN L21093MH1991PLC064085. The company is registered at Indian Mercantile Chambers, Ballard Estate, Mumbai — one of the city's historic commercial addresses near the harbor district. The company operates in the paper and paper products manufacturing segment, which serves India's packaging, printing, publishing, and stationery markets. Paper manufacturing in India has historically been a fragmented industry with both large integrated mills and smaller independent producers serving regional markets. An important development for Soma Papers: the company has changed its name to KS Smart Technologies Limited, effective February 4, 2026. This name change suggests a strategic business pivot, potentially toward technology services or smart solutions — a trend seen among legacy manufacturing companies seeking to reinvent themselves in the digital economy. The company has relatively small paid-up capital, with authorized capital of Rs 5 Cr and paid-up capital of Rs 1.4 Cr. Historical revenue data suggests the company operated at modest scale. The Screener.in entry (BSE: 516038) indicates the company was listed or had some exchange presence historically.

Key Milestones

1991 — Incorporated as Soma Papers and Industries Limited, ROC Mumbai, Maharashtra

2004 — Manufacturing operations ceased (August 4, 2004); company became dormant

Common questions about unlisted shares

How do I buy Soma Papers & Industries unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

Soma Papers and Industries Limited

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