Apollo Paints Private Limited

Manufacturer of eco-friendly paints with large production and manufacturing capacity.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Apollo Paints Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.85 Cr
  • Satisfied Charges ₹ 8.57 Cr
  • Revenue Growth 4.98%
  • Profit Growth -4.50%
  • Ebitda -1.36%
  • Net Worth 14.63%
  • Total Assets 13.92%

About Apollo Paints

Apollo Paints Private Limited (APPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 1994 and has a history of 30 years and ten months. Its registered office is in Bangaluru, Karnataka, 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 5.00 Cr and a paid-up capital of Rs 1.04 Cr.

The company currently has active open charges totaling ₹4.85 Cr. The company has closed loans amounting to ₹8.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pramod Baleri and Bhalchandra Baleri serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1994PTC015435

  • Company No.

    015435

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Apollo Paints Private Limited offer?

Apollo Paints Private Limited offers a wide range of products and services, including Waterproof Paint, Damp Proof Paint, Paints, FRP Lining, PU & Powder Coatings, Special Coating, Exterior Paint, Acrylic Exterior Emulsion Paint, Interior Paint, Asian Emulsion Paints, Commercial Vehicle Tyres.

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

Executive Team (1)

Name Designation Appointment Date Status
Bhalchandra Baleri Country flag representing In Managing Director 29-Mar-1994 Current

Board Members (1)

Name Designation Appointment Date Status
Pramod Baleri Country flag representing In Director 10-Jan-1997 Current

Financial Performance of Apollo Paints.

Apollo Paints Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.98% increase. The company also saw a slight decrease in profitability, with a 4.5% decrease in profit. The company's net worth Soared by an impressive increase of 14.63%.

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
4.98%
Revenue from Operations
4.95%
Total Assets
13.92%
Profit or Loss
-4.50%
Net Worth
14.63%
EBITDA
-1.36%

What is the Ownership and Shareholding Structure of Apollo Paints?

In 2023, Apollo Paints had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.85 Cr

Satisfied Charges

₹8.57 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.75 Cr
  • Canara Bank : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
20 Nov 2017 State Bank Of India ₹4.75 Cr Open
28 Aug 2003 Canara Bank ₹0.50 M Open
04 Aug 2003 Canara Bank ₹0.50 M Open
25 Jul 2015 State Bank Of India ₹4.75 Cr Satisfied
21 Sep 1995 State Bank Of India ₹0.30 M Satisfied

How Many Employees Work at Apollo Paints?

Apollo Paints has a workforce of 94 employees as of Mar 21, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Apollo 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 Apollo 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 Apollo Paints

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 4.75 Cr registered on 20 Nov 2017 with Charge ID 100153144 was modified on 27 Feb 2024.

    27 Feb 2024

  • Annual General Meeting

    Apollo Paints Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Apollo Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 25 Jul 2015 via Charge ID 10595253 with State Bank Of India was fully satisfied on 11 Jan 2018.

    11 Jan 2018

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.75 Cr with Charge ID 100153144 was registered on 20 Nov 2017.

    20 Nov 2017

  • Charges

    A charge with State Bank Of India of Rs. 4.75 Cr registered on 25 Jul 2015 with Charge ID 10595253 was modified on 06 Oct 2016.

    06 Oct 2016

Frequently asked questions

  • Apollo Paints Private Limited was incorporated on 29 Mar 1994.

  • The authorized share capital of Apollo Paints Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.04 Cr.

  • Currently 2 directors are associated with Apollo Paints Private Limited.

    • Pramod Bhalachandra Baleri
    • Bhalchandra Madhavrao Baleri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Apollo Paints Private Limited is Plot No 51, 3Rd Phasepeenya Industrial Area India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Apollo Paints Private Limited is U85110KA1994PTC015435 and the company number is 015435 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Apollo Paints Private Limited is https://www.apollopaintsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Apollo Paints Private Limited has risen by 4.98%.

  • As Per 2023 financial reports, 94 employees are currently employed by Apollo Paints Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Apollo Paints Private Limited has experienced an upsurge of 14.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Apollo Paints Private Limited amount to ₹ 4.85 Cr.

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