Coastal Paints Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.20 M
- Company Age 29 Year, 1 Month
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 6.00 M
- Satisfied Charges ₹ 1.05 Cr
- Revenue Growth 297.31%
- Profit Growth -64.51%
- Ebitda -100.47%
- Net Worth -21.55%
- Total Assets -7.13%
About Coastal Paints
Coastal Paints Limited (CPL) is Strike Off company established on 01 Feb 1996 with its office registered at Visakhapatnam, Andhra Pradesh, India and has been running since 29 Year, 1 Month with a paid up capital of 6.20 M. According to MCA records, 3 Directors are linked to this company as of 15 Feb 2025.
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24220AP1996PLC023086
- Company No.
023086
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Feb 1996
- Date of AGM
20 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Manufacturing
Coastal Paints Limited
Explore comprehensive data for Coastal Paints Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Coastal Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Veeravenkata Merla  | Managing Director | 01-Feb-1996 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swarnalatha Arumilli | Director | 24-Mar-1997 | Current |
| Alekhya Arumilli | Director | 03-Jul-2014 | Current |
Financial Performance of Coastal Paints.
Coastal Paints Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 297.31% increase. The company also saw a substantial fall in profitability, with a 64.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Coastal Paints?
In 2017, Coastal Paints had a promoter holding of 33.21% and a public holding of 66.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Coromandel Paints Private LimitedAlekhya Arumilli is a mutual person
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Alekhya Arumilli is a mutual person
- Aarav Buildmat Private Limited
Alekhya Arumilli is a mutual person
- East Coast Paints Private Limited
Alekhya Arumilli is a mutual person
Charges (Loans)
Open Charges
₹6.00 M
Satisfied Charges
₹10.53 M
Charges Breakdown by Lending Institutions
- Andhra Pradesh Staste Financial Corporation : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Nov 1999 | Andhra Pradesh Staste Financial Corporation | ₹6.00 M | Open |
| 17 Jan 2004 | Axis Bank Limited | ₹7.70 M | Satisfied |
| 29 Oct 2001 | Bank Of India | ₹2.83 M | Satisfied |
How Many Employees Work at Coastal Paints?
Unlock and access historical data on people associated with Coastal Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Coastal 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 Coastal Paints'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 Coastal Paints
Recent activity within the organization
- Annual General Meeting
Coastal Paints Limited last Annual general meeting of members was held on 20 Sep 2018 as per latest MCA records.
- Balance Sheet
Coastal Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada.
- Director Appointment
Alekhya Annapurna Arumilli was appointed as a Director was appointed as a Director on 03 Jul 2014 & has been associated with this company since 10 years 8 months .
- Charges
A charge registered on 17 Jan 2004 via Charge ID 90133164 with Axis Bank Limited was fully satisfied on 20 Sep 2012.
- Charges
A charge with Axis Bank Limited of Rs. 7.70 M registered on 17 Jan 2004 with Charge ID 90133164 was modified on 20 Feb 2010.
- Charges
A charge registered on 29 Oct 2001 via Charge ID 90132964 with Bank Of India was fully satisfied on 14 Oct 2009.
Frequently asked questions
What is the Incorporation or founding date of Coastal Paints Limited?
Coastal Paints Limited was incorporated on 01 Feb 1996.
What is authorized share capital and paid-up capital of Coastal Paints Limited?
The authorized share capital of Coastal Paints Limited is ₹ 7.50 M and paid-up capital is ₹ 6.20 M.
Who are the current board members & directors of Coastal Paints Limited?
Currently 3 directors are associated with Coastal Paints Limited.
- Veeravenkata Satya Ravindra Merla
- Swarnalatha Arumilli
- Alekhya Annapurna Arumilli
What is the registered address of Coastal Paints Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Coastal Paints Limited is Perdurthy, Visakhapatnam India, Andhra Pradesh, 531173.
What is the corporate identification number (CIN) and company number of Coastal Paints Limited?
The corporate identification number (CIN) of Coastal Paints Limited is U24220AP1996PLC023086 and the company number is 023086 as per Ministry of Corporate Affairs (MCA).
What is the official website of Coastal Paints Limited?
The Official website of Coastal Paints Limited is https://www.coromandelpaints.in
What has been the recent revenue trend for Coastal Paints Limited?
According to the financial reports for the fiscal year 2017, the revenue trend for Coastal Paints Limited has risen by 297.31%.
What change has been observed in the net worth of Coastal Paints Limited, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Coastal Paints Limited has experienced an downturn of -21.55%.
What are the total open charges for Coastal Paints Limited?
As per the financial statements for fiscal Year 2017, The total open charges for Coastal Paints Limited amount to ₹ 6.00 M.
When was the last Balance Sheet of Coastal Paints Limited filed with the ROC?
The most recent Balance Sheet for Coastal Paints Limited was filed with the ROC on 31 Mar 2018.
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