Gunjan Paints Limited

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

1992 | Gandhinagar, Gujarat (India) | Active
Last Updated: June 16, 2024

Gunjan Paints Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • 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 five months. Its registered office is in Gandhinagar, 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 2023. 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.

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

Company Details

  • Location

    Gandhinagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • 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 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Board Members (3)

Name Designation Appointment Date Status
Harsha Barot Country flag representing In Director 01-Jul-2021 Current
Gunjan Borat Country flag representing In Whole-Time Director 15-Jan-2002 Current
Purna Barot Country flag representing In Whole-Time Director 28-Jun-2012 Current

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%.

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
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

Date Lender Amount Status
31 Aug 2023 Hdfc Bank Limited ₹5.00 M Open
23 May 2023 Axis Bank Limited ₹4.24 Cr Open
11 Mar 2022 Axis Bank Limited ₹5.20 M Open
07 May 2021 Axis Bank Limited ₹9.07 M Open
07 May 2021 Axis Bank Limited ₹11.85 Cr Open

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.

Graph showing employee growth trends

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 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

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

    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.

    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.

    23 May 2023

  • Balance Sheet

    Gunjan Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

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

    11 Mar 2022

Frequently asked questions

  • Gunjan Paints Limited was incorporated on 27 Aug 1992.

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

  • Currently 3 directors are associated with Gunjan Paints Limited.

    • Harsha Govindbhai Barot
    • Gunjan Govind Borat
    • Purna Gunjan Barot
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gunjan Paints Limited is Block No. 1162Moti Bhoyan Vadsar-Kalol RoadTa: Kalol, Gandhinagar, Gujarat, India, 382721.

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

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

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

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

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

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

  • The most recent Balance Sheet for Gunjan Paints Limited was filed with the ROC on 31 Mar 2023.

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