Acro Paints Limited

Founded in 1989 and headquartered in Uttar Pradesh, India.

1989 | Kanpur Dehat, Uttar Pradesh (India) | Merged
Last Updated:

Acro Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.37 M
  • Company Age 35 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.41 M
  • Revenue Growth 10.41%
  • Profit Growth -87.94%
  • Ebitda -76.11%
  • Net Worth 0.93%
  • Total Assets 7.14%

About Acro Paints

Acro Paints Limited (APL) is Amalgamated company established on 18 May 1989 with its office registered at Kanpur Dehat, Uttar Pradesh, India and has been running since 35 Year, 9 Months with a paid up capital of 9.37 M. According to MCA records, 4 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Kanpur Dehat, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    acropaints.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24119UP1989PLC195992

  • Company No.

    036308

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

What products or services does Acro Paints Limited offer?

Acro Paints Limited offers a wide range of products and services, including Texture Paints, Wall Textures, Waterproofing Chemicals, Integral Waterproofing Compound, Paints, Enamel Paints, Primer, Cement Primer, Emulsion Paints, Industrial Paints and Coatings.

Who are the key members and board of directors at Acro Paints?

Board Members (4)

NameDesignationAppointment DateStatus
Raghavpat Singhania Country flag representing In Director 06-Jan-2023Current
Madhavkrishna Singhania Country flag representing In Director 06-Jan-2023Current
Ajay Saraogi Country flag representing In Director 06-Jan-2023Current
Anil Agrawal Country flag representing In Director 06-Jul-2023Current

Financial Performance of Acro Paints.

Acro Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.41% increase. The company also saw a substantial fall in profitability, with a 87.94% decrease in profit. The company's net worth moved up by a moderate rise of 0.93%.

Acro Paints revenue growth over time
Acro Paints profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
10.41%
Revenue from Operations
10.42%
Total Assets
7.14%
Profit or Loss
-87.94%
Net Worth
0.93%
EBITDA
-76.11%

What is the Ownership and Shareholding Structure of Acro Paints?

In 2023, Acro Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹0.94 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.54 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2022Hdfc Bank Limited₹4.00 MSatisfied
06 Oct 2020Canara Bank₹0.50 MSatisfied
27 Oct 2009Canara Bank₹0.75 MSatisfied
31 Dec 2007Canara Bank₹0.60 MSatisfied
27 Feb 2007Canara Bank₹0.30 MSatisfied

How Many Employees Work at Acro Paints?

Acro Paints has a workforce of 219 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Acro Paints Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Acro Paints, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Acro Paints's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Acro Paints

Recent activity within the organization

  • Charges

    A charge registered on 06 Oct 2020 via Charge ID 100395955 with Canara Bank was fully satisfied on 31 Dec 2023.

  • Annual General Meeting

    Acro Paints Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Director Appointment

    Anil Kumar Agrawal was appointed as a Director was appointed as a Director on 06 Jul 2023 & has been associated with this company since 1 year 7 months .

  • Charges

    A charge registered on 22 Nov 2022 via Charge ID 100651436 with Hdfc Bank Limited was fully satisfied on 10 Jun 2023.

  • Balance Sheet

    Acro Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Director Appointment

    Ajay Kumar Saraogi was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Acro Paints Limited?

    Acro Paints Limited was incorporated on 18 May 1989.

  • What is authorized share capital and paid-up capital of Acro Paints Limited?

    The authorized share capital of Acro Paints Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.37 M.

  • Who are the current board members & directors of Acro Paints Limited?

    Currently 4 directors are associated with Acro Paints Limited.

    • Ajay Kumar Saraogi
    • Anil Kumar Agrawal
    • Raghavpat Singhania
    • Madhavkrishna Singhania

  • What is the registered address of Acro Paints Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Acro Paints Limited is Kamla Tower 29/1 Dwarikadheesh Road India, Kanpur, Uttar Pradesh, 208001.

  • What is the corporate identification number (CIN) and company number of Acro Paints Limited?

    The corporate identification number (CIN) of Acro Paints Limited is U24119UP1989PLC195992 and the company number is 036308 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Acro Paints Limited?

    The Official website of Acro Paints Limited is https://www.acropaints.net

  • What has been the recent revenue trend for Acro Paints Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Acro Paints Limited has risen by 10.41%.

  • How many employees does Acro Paints Limited currently have?

    As Per 2023 financial reports, 219 employees are currently employed by Acro Paints Limited.

  • What change has been observed in the net worth of Acro Paints Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Acro Paints Limited has experienced an upsurge of 0.93%.

  • When was the last Balance Sheet of Acro Paints Limited filed with the ROC?

    The most recent Balance Sheet for Acro Paints Limited was filed with the ROC on 31 Mar 2023.

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