Asiad Paints Limited

Produces and sells a variety of paints, varnishes, and related products.

1992 | Delhi (India) | Active
Last Updated: January 09, 2025

Asiad Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 19.83%
  • Profit Growth 62.44%
  • Ebitda 73.09%
  • Net Worth 9.10%
  • Total Assets 12.29%

About Asiad Paints

Asiad Paints Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 June 1992 and has a history of 32 years and seven months. Its registered office is in Delhi, 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 1.00 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Divey Ahuja, Devan Ahuja, and Rashmi Ahuja serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72411DL1992PLC049265

  • Company No.

    049265

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Divey Ahuja Country flag representing In Director 30-Sep-2009 Current
Devan Ahuja Country flag representing In Director 22-Jun-1992 Current
Rashmi Ahuja Country flag representing In Director 22-Jun-1992 Current

Financial Performance of Asiad Paints.

Asiad Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.83% increase. The company also saw a substantial improvement in profitability, with a 62.44% increase in profit. The company's net worth moved up by a moderate rise of 9.1%.

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
19.83%
Revenue from Operations
19.95%
Total Assets
12.29%
Profit or Loss
62.44%
Net Worth
9.10%
EBITDA
73.09%

What is the Ownership and Shareholding Structure of Asiad Paints?

In 2023, Asiad 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Asiad Paints?

Asiad Paints has a workforce of 18 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Divey Ahuja was appointed as a Director was appointed as a Director on 30 Sep 2009 & has been associated with this company since 15 years 4 months .

    30 Sep 2009

  • Director Appointment

    Devan Ahuja was appointed as a Director was appointed as a Director on 22 Jun 1992 & has been associated with this company since 32 years 7 months .

    22 Jun 1992

  • Director Appointment

    Rashmi Ahuja was appointed as a Director was appointed as a Director on 22 Jun 1992 & has been associated with this company since 32 years 7 months .

    22 Jun 1992

  • Company Incorporation

    Asiad Paints Limited was registered on 22 Jun 1992 with Roc Delhi & aged 32 years 7 months as per MCA records.

    22 Jun 1992

Frequently asked questions

  • Asiad Paints Limited was incorporated on 22 Jun 1992.

  • The authorized share capital of Asiad Paints Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Asiad Paints Limited.

    • Divey Ahuja
    • Devan Ahuja
    • Rashmi Ahuja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asiad Paints Limited is Okhla Industrial Area Phase-I India, New Delhi, 110092.

  • The corporate identification number (CIN) of Asiad Paints Limited is U72411DL1992PLC049265 and the company number is 049265 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asiad Paints Limited has risen by 19.83%.

  • As Per 2023 financial reports, 18 employees are currently employed by Asiad Paints Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asiad Paints Limited has experienced an upsurge of 9.10%.

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

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