Asian Paints Industrial Coatings Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
- Paid Up Capital ₹ 30.45 Cr
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.35 Cr
- Satisfied Charges ₹ 7.35 Cr
- Revenue Growth 16.57%
- Profit Growth -69.66%
- Ebitda -7.61%
- Net Worth 3.60%
- Total Assets 3.11%
About Asian Paints Industrial Coatings
Asian Paints Industrial Coatings Limited (APICL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 October 2001 and has a history of 23 years and seven months. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 33.00 Cr and a paid-up capital of Rs 30.45 Cr.
The company currently has active open charges totaling ₹7.35 Cr. The company has closed loans amounting to ₹7.35 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Asian Paints Industrial Coatings Limited India are Vikram Jain as CFO and Jay Shah as Company Secretary. Hiral Raja, Sagar Khade, Rajes Bardia, and Three other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U24220MH2001PLC133523
- Company No.
133523
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Oct 2001
- Date of AGM
14 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
Asian Paints Industrial Coatings Limited
Explore comprehensive data for Asian Paints Industrial Coatings Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Asian Paints Industrial Coatings?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vikram Jain  | CFO | 19-Jan-2018 | Current |
| Jay Shah | Company Secretary | 17-Jan-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Venkateswaran Gopalan | Director | 27-Jul-2021 | Current |
| Satyendra Patidar | Director | 28-Jul-2021 | Current |
| Hiral Raja | Director | 24-Apr-2020 | Current |
| Sagar Khade | Director | 24-Apr-2020 | Current |
| Rajes Bardia | Director | 27-Jul-2021 | Current |
| Anurag Sahai | Director | 20-Aug-2022 | Current |
Financial Performance of Asian Paints Industrial Coatings.
Asian Paints Industrial Coatings Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.57% increase. The company also saw a substantial fall in profitability, with a 69.66% decrease in profit. The company's net worth moved up by a moderate rise of 3.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Asian Paints Industrial Coatings?
In 2023, Asian Paints Industrial Coatings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹7.35 Cr
Satisfied Charges
₹7.35 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 7.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2005 | State Bank Of India | ₹7.35 Cr | Open |
| 25 Feb 2002 | State Bank Of India | ₹7.35 Cr | Satisfied |
How Many Employees Work at Asian Paints Industrial Coatings?
Asian Paints Industrial Coatings has a workforce of 126 employees as of Apr 05, 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 Asian Paints Industrial Coatings, 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 Asian Paints Industrial Coatings'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 Asian Paints Industrial Coatings
Recent activity within the organization
- Annual General Meeting
Asian Paints Industrial Coatings Limited last Annual general meeting of members was held on 14 Jun 2024 as per latest MCA records.
- Balance Sheet
Asian Paints Industrial Coatings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Satyendra Kumar Patidar was appointed as a Director was appointed as a Director on 28 Jul 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Rajes Bardia was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Venkateswaran Gopalan was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 9 months .
- Director Appointment
Hiral Jitendra Raja was appointed as a Director was appointed as a Director on 24 Apr 2020 & has been associated with this company since 5 years 19 days .
Recent News, Updates & Announcement
- Asian Paints Receives GST Demand Notices Worth Rs 2.07 Crore.
Asian Paints had on Monday said it received a demand notice of Rs 13.83 crore and a penalty of Rs 1.38 crore from the Deputy Commissioner of State Tax, Chennai..
- Mahindra Logistics Partners with Asian Paints for Efficient Supply-Chain Management in Eastern India.
Mahindra Logistics, expert sa supply-chain management sa FMCG, Pharma, e-commerce, at auto industry, nag-partner sa Asian Paints para sa supply-chain sa Eastern India. Mahindra Logistics magha-handle ng distribution center sa Dankuni, backed up ng technologies para sa transport at warehouse management. CEO Pirojshaw Sarkari sinabi na magdagdag ito ng value sa supply-chain at magiging efficient. Mahindra Logistics ay portfolio company ng Mahindra Partners, may expertise sa supply-chain management sa iba't ibang sektor..
Frequently asked questions
What is the Incorporation or founding date of Asian Paints Industrial Coatings Limited?
Asian Paints Industrial Coatings Limited was incorporated on 01 Oct 2001.
What is authorized share capital and paid-up capital of Asian Paints Industrial Coatings Limited?
The authorized share capital of Asian Paints Industrial Coatings Limited is ₹ 33.00 Cr and paid-up capital is ₹ 30.45 Cr.
Who are the current board members & directors of Asian Paints Industrial Coatings Limited?
Currently 8 directors are associated with Asian Paints Industrial Coatings Limited.
- Hiral Jitendra Raja
- Sagar Shrikrishna Khade
- Rajes Bardia
- Venkateswaran Gopalan
- Satyendra Kumar Patidar
- Anurag Sahai
- Vikram Manikchand Jain
- Jay Rahul Shah
What is the registered address of Asian Paints Industrial Coatings Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Asian Paints Industrial Coatings Limited is 6A Shantinagar Santacruz (East), India, Mumbai, Maharashtra, 400055.
What is the corporate identification number (CIN) and company number of Asian Paints Industrial Coatings Limited?
The corporate identification number (CIN) of Asian Paints Industrial Coatings Limited is U24220MH2001PLC133523 and the company number is 133523 as per Ministry of Corporate Affairs (MCA).
What is the official website of Asian Paints Industrial Coatings Limited?
The Official website of Asian Paints Industrial Coatings Limited is https://www.asianpaintsppg.com
What has been the recent revenue trend for Asian Paints Industrial Coatings Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Asian Paints Industrial Coatings Limited has risen by 16.57%.
How many employees does Asian Paints Industrial Coatings Limited currently have?
As Per 2023 financial reports, 126 employees are currently employed by Asian Paints Industrial Coatings Limited.
What change has been observed in the net worth of Asian Paints Industrial Coatings Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Asian Paints Industrial Coatings Limited has experienced an upsurge of 3.60%.
What are the total open charges for Asian Paints Industrial Coatings Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Asian Paints Industrial Coatings Limited amount to ₹ 7.35 Cr.
When was the last Balance Sheet of Asian Paints Industrial Coatings Limited filed with the ROC?
The most recent Balance Sheet for Asian Paints Industrial Coatings Limited was filed with the ROC on 31 Mar 2024.
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