Agsar Paints Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.45 Cr
- Company Age 51 Year, 26 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 26.90 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 . Its registered office is in Tuticorin-3., 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 2023. 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 ₹26.90 Cr. The company has closed loans amounting to ₹45.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nelliappan Kirubakaramoorthy, Kirubakaramoorthy Giri, and Shankar Kirubakaramoorthy serve as directors at the Company.
Company Details
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Location
Tuticorin-3., Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U24222TN1974PTC006522
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Company No.
006522
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Jan 1974
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
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.
Who are the key members and board of directors at Agsar Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nelliappan Kirubakaramoorthy
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Managing Director | 09-Oct-1975 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Shankar Kirubakaramoorthy
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Director | 06-Jun-2016 | Current |
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Kirubakaramoorthy Giri
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Director | 26-Dec-1997 | 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%.
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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)
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Sivakasi Electro Chemicals Limited
Shankar Kirubakaramoorthy is a mutual person
Charges (Loans)
₹26.90 Cr
₹45.81 Cr
Charges Breakdown by Lending Institutions
- Others : 22.82 Cr
- Hdfc Bank Limited : 3.55 Cr
- State Bank Of India : 0.42 Cr
- Axis Bank Limited : 0.12 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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 |
| 04 Nov 2022 | Hdfc Bank Limited | ₹0.77 M | Open |
| 08 Sep 2022 | Hdfc Bank Limited | ₹1.60 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.
