Deve Paints Limited

Paint manufacturing company established in 1937, based in Maharashtra.

1937 | Mumbai, Maharashtra (India) | Active
Last Updated:

Deve Paints Profile

Key Indicators

  • Authorised Capital ₹ 25.65 Cr
  • Paid Up Capital ₹ 6.99 Cr
  • Company Age 87 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.72 Cr
  • Revenue Growth %
  • Profit Growth -40.57%
  • Ebitda -47.66%
  • Net Worth -24.27%
  • Total Assets -2.04%

About Deve Paints

Deve Paints Limited (DPL) was founded in India on 14 December 1937 and has a glorious history of 87 years and three 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 25.65 Cr and a paid-up capital of Rs 6.99 Cr.

The company has closed loans amounting to ₹6.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Deve Paints Limited India is Palaniappan Manivelan as CEO. Chinnasamy Ravichandran, Umamaheswari, and Sanchitha Shetty serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1901PLC002731

  • Company No.

    002731

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 1937

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

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

Executive Team (3)

NameDesignationAppointment DateStatus
Chinnasamy Ravichandran Country flag representing In Managing Director01-Jan-2009Current
Umamaheswari Country flag representing In Managing Director20-Jun-2017Current
Palaniappan Manivelan CEO10-May-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Sanchitha Shetty Country flag representing In Director 26-Jul-2021Current

Financial Performance of Deve Paints.

Deve Paints Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 40.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.27%.

Deve Paints revenue growth over time
Deve Paints 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
Revenue from Operations
Total Assets
-2.04%
Profit or Loss
-40.57%
Net Worth
-24.27%
EBITDA
-47.66%

What is the Ownership and Shareholding Structure of Deve Paints?

In 2021, Deve Paints had a promoter holding of 92.99% and a public holding of 7.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.72 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 6.72 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 1990Bank Of Maharashtra₹2.50 CrSatisfied
03 Aug 1989Bank Of Maharashtra₹3.42 CrSatisfied
18 Oct 1988Bank Of Maharashtra₹3.00 MSatisfied
14 Sep 1984Bank Of Maharashtra₹5.00 MSatisfied

How Many Employees Work at Deve Paints?

Unlock and access historical data on people associated with Deve Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Deve Paints Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Deve Paints Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Sanchitha Vittal Shetty was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Palaniappan Manivelan was appointed as a Ceo was appointed as a Ceo on 10 May 2021 & has been associated with this company since 3 years 10 months .

  • Director Appointment

    Umamaheswari was appointed as a Managing Director was appointed as a Managing Director on 20 Jun 2017 & has been associated with this company since 7 years 9 months .

  • Director Appointment

    Chinnasamy Ravichandran was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2009 & has been associated with this company since 16 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Deve Paints Limited?

    Deve Paints Limited was incorporated on 14 Dec 1937.

  • What is authorized share capital and paid-up capital of Deve Paints Limited?

    The authorized share capital of Deve Paints Limited is ₹ 25.65 Cr and paid-up capital is ₹ 6.99 Cr.

  • Who are the current board members & directors of Deve Paints Limited?

    Currently 4 directors are associated with Deve Paints Limited.

    • Chinnasamy Ravichandran
    • Umamaheswari
    • Palaniappan Manivelan
    • Sanchitha Vittal Shetty

  • What is the registered address of Deve Paints Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Deve Paints Limited is Gc-1 C Wing Ground Floor Gundecha Onclave Khairani Rd Saki Naka, Andheri(E) India, Mumbai, Maharashtra, 400072.

  • What is the corporate identification number (CIN) and company number of Deve Paints Limited?

    The corporate identification number (CIN) of Deve Paints Limited is U99999MH1901PLC002731 and the company number is 002731 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Deve Paints Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Deve Paints Limited has experienced an downturn of -24.27%.

  • When was the last Balance Sheet of Deve Paints Limited filed with the ROC?

    The most recent Balance Sheet for Deve Paints Limited was filed with the ROC on 31 Mar 2024.

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