Asian Paints Ppg Private Limited

Manufactures industrial liquid and powder coatings, including protective, floor, and road markings.

2011 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Asian Paints Ppg Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.49 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 70.00 Cr
  • Revenue Growth 28.40%
  • Profit Growth 103.86%
  • Ebitda 103.28%
  • Net Worth 30.90%
  • Total Assets 22.34%

About Asian Paints Ppg

Asian Paints Ppg Private Limited (APPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 2011 and has a history of 13 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Asian Paints Ppg Limited. 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 12.00 Cr and a paid-up capital of Rs 10.49 Cr.

The company currently has active open charges totaling ₹70.00 Cr.

The Key Managerial Personnel (KMP) at Asian Paints Ppg Private Limited India are Sagar Khade as Cfo, Anurag Sahai as Ceo, and Ankit Garg as Company Secretary. Jeyamurugan Ramalingam, Man Siu, Rahul Bhatnagar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    asianpaintsppg.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110MH2011PTC220557

  • Company No.

    220557

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2011

  • Date of AGM

    31 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Asian Paints Ppg Private Limited offer?

Asian Paints Ppg Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Road Marking Paints and Coatings, Rust & Corrosion Protection Products, Anti Corrosion Coating, HR & Manpower Recruitment Solutions, Engineering Jobs, Paints, Wall Putty & Varnishes, Shade Cards, PVC, FRP, HDPE & Other Plastic Pipes, Agricultural Pipes.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sagar Khade Country flag representing In CFO10-Feb-2024Current
Anurag Sahai CEO04-Jul-2022Current
Ankit Garg Company Secretary13-Oct-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Jeyamurugan Ramalingam Country flag representing In Nominee Director 27-Nov-2019Current
Man Siu Country flag representing Hk Nominee Director 22-Jul-2020Current
Rahul Bhatnagar Country flag representing In Nominee Director 15-Jul-2022Current
Kevin Braun Country flag representing Us Nominee Director 19-Apr-2023Current

Financial Performance of Asian Paints Ppg.

Asian Paints Ppg Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.4% increase. The company also saw a substantial improvement in profitability, with a 103.86% increase in profit. The company's net worth Soared by an impressive increase of 30.9%.

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
28.40%
Revenue from Operations
28.42%
Total Assets
22.34%
Profit or Loss
103.86%
Net Worth
30.90%
EBITDA
103.28%

What is the Ownership and Shareholding Structure of Asian Paints Ppg?

In 2023, Asian Paints Ppg 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

₹70.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Nov 2012Hdfc Bank Limited₹70.00 CrOpen

How Many Employees Work at Asian Paints Ppg?

Asian Paints Ppg has a workforce of 241 employees as of Apr 11, 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 Asian Paints Ppg, 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 Ppg'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 Asian Paints Ppg

Recent activity within the organization

  • Annual General Meeting

    Asian Paints Ppg Private Limited last Annual general meeting of members was held on 31 May 2024 as per latest MCA records.

    31 May 2024

  • Balance Sheet

    Asian Paints Ppg Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sagar Shrikrishna Khade was appointed as a Cfo was appointed as a Cfo on 10 Feb 2024 & has been associated with this company since 1 year 10 days .

    10 Feb 2024

  • Director Appointment

    Kevin Donald Braun was appointed as a Nominee Director was appointed as a Nominee Director on 19 Apr 2023 & has been associated with this company since 1 year 10 months .

    19 Apr 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 70.00 Cr registered on 15 Nov 2012 with Charge ID 10391357 was modified on 03 Nov 2022.

    03 Nov 2022

  • Director Appointment

    Rahul Bhatnagar was appointed as a Nominee Director was appointed as a Nominee Director on 15 Jul 2022 & has been associated with this company since 2 years 7 months .

    15 Jul 2022

Frequently asked questions

  • Asian Paints Ppg Private Limited was incorporated on 05 Aug 2011.

  • The authorized share capital of Asian Paints Ppg Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.49 Cr.

  • Currently 7 directors are associated with Asian Paints Ppg Private Limited.

    • Jeyamurugan Jeyapandiyan Ramalingam
    • Man Wai Siu
    • Rahul Bhatnagar
    • Kevin Donald Braun
    • Sagar Shrikrishna Khade
    • Anurag Sahai
    • Ankit Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asian Paints Ppg Private Limited is 6A Shantinagar Santacruz (East), Mumbai, Maharashtra, India, 400055.

  • The corporate identification number (CIN) of Asian Paints Ppg Private Limited is U24110MH2011PTC220557 and the company number is 220557 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Asian Paints Ppg Private Limited is https://www.asianpaintsppg.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asian Paints Ppg Private Limited has risen by 28.40%.

  • As Per 2023 financial reports, 241 employees are currently employed by Asian Paints Ppg Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asian Paints Ppg Private Limited has experienced an upsurge of 30.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asian Paints Ppg Private Limited amount to ₹ 70.00 Cr.

  • The most recent Balance Sheet for Asian Paints Ppg Private Limited was filed with the ROC on 31 Mar 2024.

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