Rama Paper Mills shareholders and shareholding pattern

BSE: 500357Paper, Forest & Jute ProductsSmall Cap

Rama Paper Mills Limited · Face value ₹10

₹17.30₹0.20 (1.17%)

Share price at the BSE close on 28 Oct 2026. Previous close ₹17.10.

28 Oct: open ₹17.10, high ₹17.85, low ₹17.10

52-week range of traded prices to 28 Oct 2026

₹8.22Low, 30 Dec 2025₹18.40High, 6 Oct 2026

Under BSE's graded surveillance, stage 0, on the list for 28 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹17 Cr4,447th largest listed
P/E: No full year
P/B: Net worth zero or below
Dividend yield: Nonein the last 12 months
ROE: Net worth zero or below
Debt to equity: Net worth zero or below
Volume, BSE: 980

Rama Paper Mills' shareholding pattern for Sep 2026, filed on 21 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Rama Paper Mills, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters37.62%
Indian institutionsNone
Governments0.03%
Individuals and others62.35%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Sep 2026
	20.55%	20.52%	20.52%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.62%	37.62%	37.62%
Indian promoters	20.55%	20.52%	20.52%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	20.56%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.69%	37.62%	37.62%	37.62%
	79.45%	79.48%	79.48%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	79.44%	62.31%	62.31%	62.31%	62.31%	62.31%	62.31%	62.31%	62.31%	62.38%	62.38%	62.38%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mutual funds	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	–	0.03%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	79.40%	79.40%	62.28%	62.28%	62.28%	62.28%	62.28%	62.28%	62.28%	62.28%	62.35%	62.35%	62.35%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39.04%	37.43%	28.97%	29.13%	29.32%	28.80%	29.09%	29.55%	29.18%	29.10%	29.13%	29.15%	27.53%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	31.54%	30.73%	24.78%	24.59%	24.31%	24.85%	24.67%	24.27%	24.68%	24.82%	24.87%	24.88%	26.96%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.38%	8.05%	6.30%	6.31%	6.33%	6.35%	6.35%	6.28%	6.22%	6.18%	6.18%	6.15%	5.64%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.38%	0.36%	0.14%	0.13%	0.13%	0.11%	0.15%	0.18%	0.18%	0.18%	0.18%	0.18%	0.20%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	2.82%	2.09%	2.12%	2.20%	2.17%	2.02%	2.01%	2.02%	2.01%	1.99%	1.99%	2.02%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.77%	2.05%	2.08%	2.16%	2.14%	1.98%	1.97%	1.98%	1.97%	1.95%	1.95%	1.98%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	100.00%	100.00%	100.00%	100.00%	99.59%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	99.59%	100.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	75,81,400	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733	96,64,733

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Rama Paper Mills shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Sep 2026
All shareholders	9,418	9,439	9,427	9,409	9,344	9,304	9,095	9,256	9,351	9,307	9,225	9,246	9,230	9,209	9,215	9,210	9,190	9,144	9,108	9,180	9,151	9,145	9,106	9,114	9,100	9,069	9,048	9,056	9,051	9,122	9,285	9,338	9,324	9,321	9,298	9,273
	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	14	14	14	14	14	14	14	14	13	13	13
Indian promoters	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	14	14	14	14	14	14	14	14	13	13	13
	9,407	9,428	9,416	9,398	9,333	9,293	9,084	9,245	9,340	9,296	9,214	9,235	9,219	9,198	9,204	9,199	9,179	9,133	9,097	9,169	9,140	9,134	9,095	9,103	9,089	9,055	9,034	9,042	9,037	9,108	9,271	9,324	9,310	9,308	9,285	9,260
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mutual funds	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	–	1
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9,102	9,088	9,054	9,033	9,041	9,036	9,107	9,270	9,323	9,309	9,307	9,284	9,259
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8,974	8,911	8,881	8,858	8,867	8,862	8,936	9,099	9,150	9,140	9,136	9,115	9,087
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34	32	33	32	30	31	30	29	30	30	30	30	34
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66	63	63	64	65	64	64	62	63	63	63	62	58
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20	19	17	17	16	13	14	16	16	15	17	18	19
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	63	60	62	63	66	63	64	64	61	61	59	61
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	1	1	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	61	58	61	62	65	62	63	63	60	60	58	1

Rama Paper Mills promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is RAM FIN FORTUNES PVT. LTD, 9.66%.Promoter buying and selling

Holder
RAM FIN FORTUNES PVT. LTDIndian companies, trusts and others	9.66%	9,33,517	2,66,850
AAA PAPER LIMITEDIndian companies, trusts and others	7.19%	6,94,444	0
ARUN GOEL HUFIndividuals and Hindu undivided families	4.32%	4,17,643	3,89,865
APPURVA GOELIndividuals and Hindu undivided families	4.09%	3,95,061	2,83,950
PRAMOD KUMARIndividuals and Hindu undivided families	3.10%	2,99,605	2,44,050
ARUN GOELIndividuals and Hindu undivided families	2.72%	2,62,536	95,869
RACHNA GOELIndividuals and Hindu undivided families	1.97%	1,90,361	79,250
PRAMOD KUMAR HUFIndividuals and Hindu undivided families	1.59%	1,53,903	1,26,125
SUNITA AGARWALIndividuals and Hindu undivided families	0.89%	86,417	44,750
HARSHAL GOELIndividuals and Hindu undivided families	0.86%	83,417	84
DEEPI GOELIndividuals and Hindu undivided families	0.72%	69,444	0
VANDANI GOELIndividuals and Hindu undivided families	0.50%	48,778	21,000
PRIYANKA GOELIndividuals and Hindu undivided families	0.01%	750	750

No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of Rama Paper Mills, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Sep 2026
SONALI CHANDRAKANT GODBOLEResident individuals, over ₹2 lakh at face value	1.04%	1.08%	1.07%	1.48%	1.97%	2.04%	2.04%	2.04%	2.04%	2.04%	2.38%	2.41%	2.41%	2.41%	2.41%	2.41%	2.44%	2.80%	2.89%	3.43%	3.48%	3.50%	3.53%	3.83%	3.99%	3.33%	3.34%	3.45%	3.52%	3.63%	3.68%	3.79%	3.89%	3.94%	3.95%	4.31%
PKA PROJECTS PRIVATE LTDCompanies	–	–	2.98%	2.98%	2.98%	2.98%	3.61%	3.61%	2.98%	2.98%	2.98%	2.98%	2.98%	2.98%	2.98%	3.61%	3.61%	3.61%	3.61%	3.61%	3.61%	3.61%	3.61%	3.61%	5.20%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%	4.08%
CHANDRAKANT VASUDEO GODBOLEResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.37%	1.61%	1.64%	1.92%	1.99%	1.62%	1.68%	1.90%	2.43%	2.47%	2.57%	2.64%	2.67%	2.68%	2.68%	2.69%
KALPANA MUKESH MEHTA .Resident individuals, over ₹2 lakh at face value	–	1.19%	1.41%	1.41%	1.41%	1.41%	1.41%	1.41%	1.41%	1.41%	1.41%	1.50%	1.50%	1.50%	1.50%	1.50%	1.50%	1.50%	1.74%	1.93%	1.98%	1.98%	2.73%	2.81%	2.81%	2.36%	2.38%	2.38%	2.53%	2.53%	2.53%	2.53%	2.53%	2.53%	2.53%	2.53%
MUKESH MAKANDAS MEHTAResident individuals, over ₹2 lakh at face value	–	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	1.31%	2.05%	2.05%	2.05%	2.07%	2.07%	2.07%	2.07%	2.07%	2.07%	2.26%	1.77%	1.77%	1.77%	1.77%	1.80%	1.80%	1.80%	1.80%	1.80%	1.80%	2.42%
LILOO PAVAN BATRAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.15%	2.15%	2.15%	2.15%	2.15%	2.15%	2.15%	2.15%
MANJU AGRAWALResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.70%	1.70%	–	–	–	–	–	–	–	–	–	–	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%
PREM REWACHAND BUDHRANIResident individuals, over ₹2 lakh at face value	–	–	–	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	–	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.38%	1.38%	1.38%	1.38%	1.38%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%
MANJU AGARWALResident individuals, over ₹2 lakh at face value	1.73%	1.73%	1.73%	1.73%	1.73%	1.73%	1.73%	1.73%	1.73%	1.73%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	1.70%	–	–	1.70%	1.70%	1.60%	1.60%	1.60%	1.25%	1.25%	1.25%	1.25%	1.25%	–	–	–	–	–	–
LILOO PAWAN BATRAResident individuals, over ₹2 lakh at face value	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.74%	2.15%	2.15%	2.15%	–	–	–	–	–	–	–	–
VARUN PREM BUDHRANIResident individuals, over ₹2 lakh at face value	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.05%	1.05%	1.03%	1.03%	1.03%	1.02%	1.02%	1.03%	1.03%	1.03%	1.03%	1.03%	1.16%	1.16%	1.16%	1.16%	1.16%	–	–	–	–	–	–	–	–	–	–	–
RAM SINGH STEELS PVT LTDOther non-institutions	–	–	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	–	–	–	–	–	–	–	–	–	–	–	–
LATA SHYAM PARWANEYResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
AJAY KUMAR SHARMAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	1.03%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
VIVEK KUMAR BHAUKAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	1.56%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
KMS STOCK BROKING CO PVT LTDOther non-institutions	–	–	–	–	–	–	–	2.34%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SHYAM HUNDRAJ PARANEY HUFResident individuals, over ₹2 lakh at face value	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
BOBBY PARWANEYResident individuals, over ₹2 lakh at face value	2.34%	2.34%	2.34%	2.34%	2.34%	2.34%	2.34%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
JIVITA PREM BUDHRANIResident individuals, over ₹2 lakh at face value	1.35%	1.35%	1.35%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
INDER KUMAR BERIAResident individuals, over ₹2 lakh at face value	1.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
NAND KISHORE KHANDELWALResident individuals, over ₹2 lakh at face value	1.05%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Sep 2025 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Individuals and others: MUKESH MAKANDAS MEHTA 2.42%, +0.62 pts; SONALI CHANDRAKANT GODBOLE 4.31%, +0.36 pts; CHANDRAKANT VASUDEO GODBOLE 2.69%, +0.01 pts