Gunjan Paints Limited

Produces paint and raw materials for water-based decorative paints and adhesives, located in Gujarat.

1992 | Gandhi Nagar, Gujarat (India) | Active
Last Updated:

Gunjan Paints Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.02 Cr
  • Satisfied Charges ₹ 28.97 Cr
  • Revenue Growth 97.90%
  • Profit Growth 146.35%
  • Ebitda 90.01%
  • Net Worth 17.89%
  • Total Assets 67.89%

About Gunjan Paints

Gunjan Paints Limited (GPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 August 1992 and has a history of 32 years and six months. Its registered office is in Gandhi Nagar, Gujarat, India.

The Corporate was formerly known as Gunjan Organics 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 2.00 Cr and a paid-up capital of Rs 1.80 Cr.

The company currently has active open charges totaling ₹18.02 Cr. The company has closed loans amounting to ₹28.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gunjan Borat, Harsha Barot, and Purna Barot serve as directors at the Company.

Company Details

  • Location

    Gandhi Nagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1992PLC018208

  • Company No.

    018208

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Gunjan Paints Limited offer?

Gunjan Paints Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Wood & Metal Paint, Enamel Paints, FRP Lining, PU & Powder Coatings, Special Coating, Adhesives, Glue and Sealants, Cyanoacrylate Adhesive, Paint Thinners, Decorative Paints and coatings, Distemper.

Company report

Gunjan Paints Limited

Explore comprehensive data for Gunjan Paints Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Gunjan Borat Country flag representing In Whole-Time Director 15-Jan-2002Current
Harsha Barot Country flag representing In Director 01-Jul-2021Current
Purna Barot Country flag representing In Whole-Time Director 28-Jun-2012Current

Financial Performance of Gunjan Paints.

Gunjan Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 97.9% increase. The company also saw a substantial improvement in profitability, with a 146.35% increase in profit. The company's net worth Soared by an impressive increase of 17.89%.

Gunjan Paints revenue growth over time
Gunjan 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
97.90%
Revenue from Operations
99.25%
Total Assets
67.89%
Profit or Loss
146.35%
Net Worth
17.89%
EBITDA
90.01%

What is the Ownership and Shareholding Structure of Gunjan Paints?

In 2023, Gunjan Paints 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

₹18.02 Cr

Satisfied Charges

₹28.97 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 17.52 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2023Hdfc Bank Limited₹5.00 MOpen
23 May 2023Axis Bank Limited₹4.24 CrOpen
11 Mar 2022Axis Bank Limited₹5.20 MOpen
07 May 2021Axis Bank Limited₹9.07 MOpen
07 May 2021Axis Bank Limited₹11.85 CrOpen

How Many Employees Work at Gunjan Paints?

Gunjan Paints has a workforce of 1 employees as of Apr 08, 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.

Employee growth trends for Gunjan Paints Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 100795747 was registered on 31 Aug 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.24 Cr with Charge ID 100726095 was registered on 23 May 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 11.85 Cr registered on 07 May 2021 with Charge ID 100445619 was modified on 23 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.52 Cr with Charge ID 100552852 was registered on 11 Mar 2022.

Frequently asked questions

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

    Gunjan Paints Limited was incorporated on 27 Aug 1992.

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

    The authorized share capital of Gunjan Paints Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.80 Cr.

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

    Currently 3 directors are associated with Gunjan Paints Limited.

    • Gunjan Govind Borat
    • Harsha Govindbhai Barot
    • Purna Gunjan Barot
  • What is the registered address of Gunjan Paints Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gunjan Paints Limited is Block No. 1162 Moti Bhoyan Vadsar-Kalol Road, Ta: Kalol India, Gandhinagar, Gujarat, 382721.

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

    The corporate identification number (CIN) of Gunjan Paints Limited is U24231GJ1992PLC018208 and the company number is 018208 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gunjan Paints Limited?

    The Official website of Gunjan Paints Limited is https://www.gunjanpaints.com

  • What has been the recent revenue trend for Gunjan Paints Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gunjan Paints Limited has risen by 97.90%.

  • How many employees does Gunjan Paints Limited currently have?

    As Per 2023 financial reports, 1 employees are currently employed by Gunjan Paints Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Gunjan Paints Limited has experienced an upsurge of 17.89%.

  • What are the total open charges for Gunjan Paints Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gunjan Paints Limited amount to ₹ 18.02 Cr.

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

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

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