Agsar Paints Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.45 Cr
- Company Age 51 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 28.06 Cr
- Satisfied Charges ₹ 45.81 Cr
- Revenue Growth -11.31%
- Profit Growth 24.63%
- Ebitda 85.92%
- Net Worth 4.60%
- Total Assets -2.02%
About Agsar Paints
Agsar Paints Private Limited (APPL) was founded in India on 18 January 1974 and has a glorious history of 51 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Agsar Chemicals Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.45 Cr.
The company currently has active open charges totaling ₹28.06 Cr. The company has closed loans amounting to ₹45.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nelliappan Kirubakaramoorthy and Shankar Kirubakaramoorthy serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24222TN1974PTC006522
- Company No.
006522
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 1974
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
What products or services does Agsar Paints Private Limited offer?
Agsar Paints Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Primer, Emulsion Paints, FRP Lining, PU & Powder Coatings, Waterproof Paint, Wall Putty, Cement Wall Putty, Plaster, Plaster Of Paris, Paints.
Agsar Paints Private Limited
Explore comprehensive data for Agsar Paints Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Agsar Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nelliappan Kirubakaramoorthy  | Managing Director | 09-Oct-1975 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shankar Kirubakaramoorthy | Director | 06-Jun-2016 | Current |
Financial Performance of Agsar Paints.
Agsar Paints Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.31% decrease. The company also saw a substantial improvement in profitability, with a 24.63% increase in profit. The company's net worth moved up by a moderate rise of 4.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Agsar Paints?
In 2023, Agsar 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.
Related Corporates (Common Directorship)
- Sivakasi Electro Chemicals Limited
Shankar Kirubakaramoorthy is a mutual person
Charges (Loans)
Open Charges
₹28.06 Cr
Satisfied Charges
₹45.81 Cr
Charges Breakdown by Lending Institutions
- Others : 22.82 Cr
- Hdfc Bank Limited : 4.71 Cr
- State Bank Of India : 0.42 Cr
- Axis Bank Limited : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2025 | Hdfc Bank Limited | ₹1.75 M | Open |
| 17 Jan 2025 | Hdfc Bank Limited | ₹1.75 M | Open |
| 31 Jul 2023 | Hdfc Bank Limited | ₹2.50 M | Open |
| 24 Jan 2023 | State Bank Of India | ₹4.20 M | Open |
| 16 Nov 2022 | Hdfc Bank Limited | ₹0.75 M | Open |
How Many Employees Work at Agsar Paints?
Agsar Paints has a workforce of 145 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Agsar 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 Agsar Paints's trajectory.
Rating
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
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 Agsar Paints
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101036013 was registered on 17 Jan 2025.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101036065 was registered on 17 Jan 2025.
- Annual General Meeting
Agsar Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited of Rs. 2.85 Cr registered on 03 Jun 2022 with Charge ID 100585836 was modified on 09 May 2024.
- Balance Sheet
Agsar Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100756737 was registered on 31 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Agsar Paints Private Limited?
Agsar Paints Private Limited was incorporated on 18 Jan 1974.
What is authorized share capital and paid-up capital of Agsar Paints Private Limited?
The authorized share capital of Agsar Paints Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.45 Cr.
Who are the current board members & directors of Agsar Paints Private Limited?
Currently 2 directors are associated with Agsar Paints Private Limited.
- Nelliappan Rajamanickam Kirubakaramoorthy
- Shankar Kirubakaramoorthy
What is the registered address of Agsar Paints Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Agsar Paints Private Limited is 509-A George Road, India, Tuticorin-3., Tamil Nadu, 600003.
What is the corporate identification number (CIN) and company number of Agsar Paints Private Limited?
The corporate identification number (CIN) of Agsar Paints Private Limited is U24222TN1974PTC006522 and the company number is 006522 as per Ministry of Corporate Affairs (MCA).
What is the official website of Agsar Paints Private Limited?
The Official website of Agsar Paints Private Limited is https://www.agsar.com
What has been the recent revenue trend for Agsar Paints Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Agsar Paints Private Limited has fallen by -11.31%.
How many employees does Agsar Paints Private Limited currently have?
As Per 2023 financial reports, 145 employees are currently employed by Agsar Paints Private Limited.
What change has been observed in the net worth of Agsar Paints Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Agsar Paints Private Limited has experienced an upsurge of 4.60%.
What are the total open charges for Agsar Paints Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Agsar Paints Private Limited amount to ₹ 28.06 Cr.
When was the last Balance Sheet of Agsar Paints Private Limited filed with the ROC?
The most recent Balance Sheet for Agsar Paints Private Limited was filed with the ROC on 31 Mar 2024.
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