Asian Paints Industrial Coatings Profile
Key Indicators
- Authorised Capital ₹ 33.00 Cr
- Paid Up Capital ₹ 30.45 Cr
- Company Age 23 Year, 4 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 four 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
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
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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)
₹7.35 Cr
₹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.
