What does The Mysore Paper Mills Limited do?

The Mysore Paper Mills Limited is a Karnataka state government undertaking established in 1936 at Bhadravathi, engaged in the manufacture of paper and pulp. It is one of Karnataka's oldest industrial enterprises and historically produced writing, printing, and packaging paper.

Who are the promoters of Mysore Paper Mills?

The Government of Karnataka is the primary promoter and controlling stakeholder of Mysore Paper Mills Limited, which operates as a state public sector undertaking (PSU).

Is Mysore Paper Mills profitable?

Mysore Paper Mills has faced significant financial challenges over the years. The mill has reported losses in various periods, and there have been concerns about its operational viability due to high input costs, competition from private paper manufacturers, and declining demand for conventional paper.

Is Mysore Paper Mills planning an IPO?

There is no known IPO plan for The Mysore Paper Mills Limited. It remains an unlisted public limited company under the Government of Karnataka.

What is the current status of Mysore Paper Mills?

Mysore Paper Mills has faced periodic operational challenges and shutdowns. The Karnataka government has explored options for reviving or restructuring the mill, but its long-term viability depends on modernisation investments and input cost management.

How do I buy Mysore Paper Mills 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 Mysore Paper Mills?

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 Mysore Paper Mills 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.

Mysore Paper Mills Unlisted Share Price | Buy Mysore Paper Mills Pre-IPO Shares — wisefolio

Investment Thesis

Historic Karnataka state paper mill (est. 1936, Bhadravathi, Shimoga) — founded by the Maharaja of Mysore as India's first major domestically promoted paper mill. At peak: 1,12,000 MT installed capacity (newsprint + writing/printing paper) and sugar production. Paper stopped 2015, sugar 2016, all operations formally closed 2021 — 202 employees terminated. BSE-listed (502405); market cap ~₹88 Cr. Now only generating forestry/plantation revenue (~₹31.1 Cr TTM). Net loss -₹70.7 Cr. Government exploring private leasing but multiple tenders since 2017 attracted zero bids. Revival uncertain — avoid.

Pros

BSE-listed (Code: 502405) — price discovered; market cap ~₹88 Cr
89-year-old historic institution (est. 1936) — founded by Maharaja of Mysore
Karnataka government privatisation/leasing revival discussions ongoing
Large bamboo plantation forest assets — potential long-term raw material value

Cons

No paper or sugar production since 2015–2016; NIL operational sales in Q2 FY25
Net loss -₹70.7 Cr; deeply loss-making state enterprise
All 202 remaining employees terminated in 2021
Multiple revival tenders since 2017 attracted zero bids from private parties
Legacy liabilities and loan burden deterring private operators

Business Segments

Forest plantation management (current — only remaining activity)

Formerly: Newsprint and writing/printing paper manufacturing (1,12,000 MT installed capacity) — stopped 2015

Formerly: Plantation white sugar manufacturing (bagasse-based) — stopped 2016

Revenue Model

Revenue is generated through the manufacture and sale of paper and pulp products to government agencies, educational institutions, packaging companies, and commercial buyers.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds6

Growth Plans

Growing demand for packaging paper driven by e-commerce and FMCG sectors could provide a new revenue avenue.

Government of Karnataka support and potential restructuring could stabilise operations.

Industry Tailwinds

Growing demand for packaging paper driven by e-commerce and FMCG sectors could provide a new revenue avenue.

Government of Karnataka support and potential restructuring could stabilise operations.

Recent Developments

FY2025: TTM revenue ~₹31.1 Cr (forestry/plantation only); NIL manufacturing sales (Q2 FY25)

Net loss -₹70.7 Cr; deeply loss-making; market cap ~₹88 Cr

Karnataka Large and Medium Industries Minister MB Patil: PSU revival not viable; private leasing being pursued

Comparable Companies

CompanyTypeTickerMkt Cap

JK Paper LimitedPE: 10xxListedJKPAPER8000 Cr

West Coast Paper Mills LimitedPE: 8xxListedWESTCOAST3000 Cr

Seshasayee Paper and Boards LimitedPE: 9xxListedSESHAPAPER2000 Cr

JK Paper LimitedListed

Frequently Asked Questions

About Mysore Paper Mills

The Mysore Paper Mills Limited (MPM) is a century-old Karnataka government enterprise established in 1936 by Nalvadi Krishnaraja Wodeyar, the Maharaja of Mysore — a visionary ruler who championed industrialisation of his princely state. Situated in Bhadravathi, Shimoga district of Karnataka, MPM occupies 882.24 acres and has been one of India's significant public sector paper manufacturers for over eight decades. The company is classified as a government company with the Government of Karnataka holding 65% of its shares, IDBI and other financial institutions holding 18%, and the general public holding 17%. This mixed ownership structure places MPM squarely in the category of state-promoted enterprises, dependent on government policy for capital allocation, pricing, and strategic direction. MPM produces newsprint, writing paper, and printing paper using bamboo, eucalyptus, and other plantation wood as raw material from Karnataka's forests and contracted plantations. The integrated mill complex at Bhadravathi includes pulping, paper making, chemical recovery, and utilities — a vertically integrated operation. The company has an authorised capital of ₹150 Crore and paid-up capital of approximately ₹120 Crore, reflecting significant government investment over decades. Like many state-owned paper mills in India, MPM has faced operational challenges including environmental compliance costs, rising input material costs, and competition from private sector paper manufacturers with more modern equipment. The Government of Karnataka has periodically intervened to support the mill's operations. The company's registered office is at D. Devaraj Urs Road (Race Course Road), Bangalore. Directors include Renuka Chidambaram, Chandra Shekhar Lakshmana Nayaka, Kannaiyan Baskaran Sivakumar, and M.D. Kulkarni.

Key Milestones

1936 — Incorporated (20 May 1936) by Maharaja Nalvadi Krishnaraja Wodeyar of Mysore; commenced production at Bhadravathi, Shimoga

Common questions about unlisted shares

How do I buy Mysore Paper Mills 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?

The Mysore Paper Mills Limited

How settlement works

Get price alerts for The Mysore Paper Mills Limited

Discuss Mysore Paper Mills

Other ways to invest