Jai Paints & Varnish Private Limited

Manufacturer and distributor of a wide range of paints and varnishes for various applications.

2007 | Gwalior, Madhya Pradesh (India) | Active
Last Updated: November 15, 2024

Jai Paints & Varnish Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.35 M
  • Revenue Growth 10.24%
  • Profit Growth 60.88%
  • Ebitda 13.52%
  • Net Worth 5.34%
  • Total Assets 3.94%

About Jai Paints & Varnish

Jai Paints & Varnish Private Limited (JPVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 November 2007 and has a history of 17 years and three months. Its registered office is in Gwalior, Madhya Pradesh, 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹3.35 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jitesh Nagpal, Harish Nagpal, Alka Nagpal, and One other member serve as directors at the Company.

Company Details

  • Location

    Gwalior, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24220MP2007PTC019968

  • Company No.

    019968

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Nov 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Jai Paints & Varnish Private Limited offer?

Jai Paints & Varnish Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Lacquer, Wall Putty, Exterior Paint, Adhesives, Glue and Sealants, Repairing Adhesives, Polyurethane Sealants, Distemper, Surface Polish, FRP Lining, PU & Powder Coatings.

Who are the key members and board of directors at Jai Paints & Varnish?

Board Members (4)

NameDesignationAppointment DateStatus
Jitesh Nagpal Country flag representing In Director 02-Nov-2007Current
Harish Nagpal Country flag representing In Director 02-Nov-2007Current
Alka Nagpal Country flag representing In Director 02-Nov-2007Current
Priyanka Ghai Country flag representing In Director 25-Mar-2015Current

Financial Performance of Jai Paints & Varnish.

Jai Paints & Varnish Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.24% increase. The company also saw a substantial improvement in profitability, with a 60.88% increase in profit. The company's net worth moved up by a moderate rise of 5.34%.

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
10.24%
Revenue from Operations
10.24%
Total Assets
3.94%
Profit or Loss
60.88%
Net Worth
5.34%
EBITDA
13.52%

What is the Ownership and Shareholding Structure of Jai Paints & Varnish?

In 2023, Jai Paints & Varnish 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

₹0

Satisfied Charges

₹3.35 M

Charges Breakdown by Lending Institutions

  • Nagrik Sahakari Bank Maryadit : 0.20 Cr
  • Nagrik Sahakari Bank Maryadit Gwalior : 0.10 Cr
  • Nagrik Sahakari Bank Marayadit Gwalior : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
15 Feb 2011Nagrik Sahakari Bank Marayadit Gwalior₹0.35 MSatisfied
15 Feb 2011Nagrik Sahakari Bank Maryadit₹2.00 MSatisfied
29 Jun 2009Nagrik Sahakari Bank Maryadit Gwalior₹1.00 MSatisfied

How Many Employees Work at Jai Paints & Varnish?

Jai Paints & Varnish has a workforce of 14 employees as of Apr 09, 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 Jai Paints & Varnish, 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 Jai Paints & Varnish'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 Jai Paints & Varnish

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Jai Paints & Varnish Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge registered on 15 Feb 2011 via Charge ID 10277061 with Nagrik Sahakari Bank Marayadit Gwalior was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge registered on 15 Feb 2011 via Charge ID 10277062 with Nagrik Sahakari Bank Maryadit was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge registered on 29 Jun 2009 via Charge ID 10165253 with Nagrik Sahakari Bank Maryadit Gwalior was fully satisfied on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge with Nagrik Sahakari Bank Maryadit of Rs. 2.00 M registered on 15 Feb 2011 with Charge ID 10277062 was modified on 22 Jun 2015.

    22 Jun 2015

Frequently asked questions

  • Jai Paints & Varnish Private Limited was incorporated on 02 Nov 2007.

  • The authorized share capital of Jai Paints & Varnish Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 4 directors are associated with Jai Paints & Varnish Private Limited.

    • Jitesh Nagpal
    • Harish Kumar Nagpal
    • Alka Nagpal
    • Priyanka Ghai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jai Paints & Varnish Private Limited is 54-B, Industrial Area Maharajpura India, Gwalior, Madhya Pradesh, 474009.

  • The corporate identification number (CIN) of Jai Paints & Varnish Private Limited is U24220MP2007PTC019968 and the company number is 019968 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jai Paints & Varnish Private Limited is https://www.jaypeepaints.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jai Paints & Varnish Private Limited has risen by 10.24%.

  • As Per 2023 financial reports, 14 employees are currently employed by Jai Paints & Varnish Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jai Paints & Varnish Private Limited has experienced an upsurge of 5.34%.

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