Akarsh Paint Private Limited

Manufactures powder coating paints with a manufacturing unit and registered office in Coimbatore.

2004 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: July 07, 2024

Akarsh Paint Profile

Key Indicators

  • Authorised Capital ₹ 0.25 M
  • Paid Up Capital ₹ 0.25 M
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.44 M
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 11.60%
  • Profit Growth 10.16%
  • Ebitda 10.17%
  • Net Worth 20.10%
  • Total Assets 18.67%

About Akarsh Paint

Akarsh Paint Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 August 2004 and has a history of 20 years and six months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 0.25 M and a paid-up capital of Rs 0.25 M.

The company currently has active open charges totaling ₹5.44 M. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Arpita Doshi, Balasubramaniam Padmapriya, Krishnamoorthy Sivakumar, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222TZ2004PTC011265

  • Company No.

    011265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 2004

  • Date of AGM

    11 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Akarsh Paint?

Board Members (4)

Name Designation Appointment Date Status
Arpita Doshi Country flag representing In Director 29-Sep-2012 Current
Balasubramaniam Padmapriya Country flag representing In Director 10-Aug-2004 Current
Krishnamoorthy Sivakumar Country flag representing In Director 10-Aug-2004 Current
Rita Vora Country flag representing In Director 01-Oct-2022 Current

Financial Performance of Akarsh Paint.

Akarsh Paint Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.6% increase. The company also saw a substantial improvement in profitability, with a 10.16% increase in profit. The company's net worth Soared by an impressive increase of 20.1%.

Graph illustrating revenue growth over time
Graph showing 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
11.60%
Revenue from Operations
11.61%
Total Assets
18.67%
Profit or Loss
10.16%
Net Worth
20.10%
EBITDA
10.17%

What is the Ownership and Shareholding Structure of Akarsh Paint?

In 2023, Akarsh Paint 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

₹5.44 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
05 Oct 2019 Hdfc Bank Limited ₹5.44 M Open
13 Feb 2014 Lakshmi Vilas Bank Limited ₹4.00 M Satisfied

How Many Employees Work at Akarsh Paint?

Unlock and access historical data on people associated with Akarsh Paint, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akarsh Paint, 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 Akarsh Paint'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 Akarsh Paint

Recent activity within the organization

  • Annual General Meeting

    Akarsh Paint Private Limited last Annual general meeting of members was held on 11 Sep 2023 as per latest MCA records.

    11 Sep 2023

  • Balance Sheet

    Akarsh Paint Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Rita Kirit Vora was appointed as a Director was appointed as a Director on 01 Oct 2022 & has been associated with this company since 2 years 4 months .

    01 Oct 2022

  • Charges

    A charge registered on 13 Feb 2014 via Charge ID 10482143 with Lakshmi Vilas Bank Limited was fully satisfied on 23 Mar 2021.

    23 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 5.44 M registered on 05 Oct 2019 with Charge ID 100302852 was modified on 26 Jun 2020.

    26 Jun 2020

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.44 M with Charge ID 100302852 was registered on 05 Oct 2019.

    05 Oct 2019

Frequently asked questions

  • Akarsh Paint Private Limited was incorporated on 10 Aug 2004.

  • The authorized share capital of Akarsh Paint Private Limited is ₹ 0.25 M and paid-up capital is ₹ 0.25 M.

  • Currently 4 directors are associated with Akarsh Paint Private Limited.

    • Arpita Hiren Doshi
    • Balasubramaniam Padmapriya
    • Krishnamoorthy Sivakumar
    • Rita Kirit Vora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akarsh Paint Private Limited is 9/13 Gandhi Nagar Irugur, Coimbatore, Tamil Nadu, India, 641103.

  • The corporate identification number (CIN) of Akarsh Paint Private Limited is U24222TZ2004PTC011265 and the company number is 011265 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akarsh Paint Private Limited has risen by 11.60%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akarsh Paint Private Limited has experienced an upsurge of 20.10%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akarsh Paint Private Limited amount to ₹ 5.44 M.

  • The most recent Balance Sheet for Akarsh Paint Private Limited was filed with the ROC on 31 Mar 2023.

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