Jotun India Private Limited

Manufacturer of decorative, marine, protective, and powder paints with factories and offices across India.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Jotun India Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 191.38 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 39.65 Cr
  • Revenue Growth 16.07%
  • Profit Growth 115.24%
  • Ebitda 68.12%
  • Net Worth 13.16%
  • Total Assets 0.39%

About Jotun India

Jotun India Private Limited (JIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 2006 and has a history of 18 years and 11 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 200.00 Cr and a paid-up capital of Rs 191.38 Cr.

The company currently has active open charges totaling ₹39.65 Cr.

The Key Managerial Personnel (KMP) at Jotun India Private Limited India are Drishti Kagalwala as COMPANY SECRETARY and Pooja Sanghvi as Cfo. Martin Chew, Baard Tonning, and Shashi Venugopal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    jotun.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24224MH2006PTC160431

  • Company No.

    160431

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Jotun India Private Limited offer?

Jotun India Private Limited offers a wide range of products and services, including Interior Paint, British Paints Interior Paint, Jotun Interior Paint, Packaging Films & Foils, Protective Film, Anti Corrosion Coating, Rust & Corrosion Protection Products, Exterior Paint, Exterior Wall Paint, Primer.

Who are the key members and board of directors at Jotun India?

Executive Team (2)

NameDesignationAppointment DateStatus
Drishti Kagalwala Country flag representing In Company Secretary10-Oct-2022Current
Pooja Sanghvi CFOCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Martin Chew Country flag representing Sg Director 27-Aug-2024Current
Baard Tonning Country flag representing No Director 02-Mar-2013Current
Shashi Venugopal Country flag representing In Director 06-May-2021Current

Financial Performance of Jotun India.

Jotun India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.07% increase. The company also saw a substantial improvement in profitability, with a 115.24% increase in profit. The company's net worth Soared by an impressive increase of 13.16%.

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
16.07%
Revenue from Operations
16.18%
Total Assets
0.39%
Profit or Loss
115.24%
Net Worth
13.16%
EBITDA
68.12%

What is the Ownership and Shareholding Structure of Jotun India?

In 2023, Jotun India 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

₹39.65 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Citibank N.A. : 35.00 Cr
  • Citi Bank N.A. : 4.58 Cr
  • Union Bank Of India : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
04 Aug 2008Citibank N.A.₹35.00 CrOpen
21 Jul 2005Citi Bank N.A.₹2.29 CrOpen
21 Jul 2005Citi Bank N.A.₹2.29 CrOpen
09 Oct 1999Union Bank Of India₹0.70 MOpen

How Many Employees Work at Jotun India?

Jotun India has a workforce of 343 employees as of Apr 02, 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 Jotun India, 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 Jotun India'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 Jotun India

Recent activity within the organization

  • Annual General Meeting

    Jotun India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Martin Ai Leng Chew was appointed as a Director was appointed as a Director on 27 Aug 2024 & has been associated with this company since 5 months 27 days .

    27 Aug 2024

  • Balance Sheet

    Jotun India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Drishti Ajay Kagalwala was appointed as a Company Secretary was appointed as a Company Secretary on 10 Oct 2022 & has been associated with this company since 2 years 4 months .

    10 Oct 2022

  • Director Appointment

    Shashi Kumar Venugopal was appointed as a Director was appointed as a Director on 06 May 2021 & has been associated with this company since 3 years 9 months .

    06 May 2021

  • Director Appointment

    Baard Tonning was appointed as a Director was appointed as a Director on 02 Mar 2013 & has been associated with this company since 11 years 11 months .

    02 Mar 2013

Recent News, Updates & Announcement

Frequently asked questions

  • Jotun India Private Limited was incorporated on 10 Mar 2006.

  • The authorized share capital of Jotun India Private Limited is ₹ 200.00 Cr and paid-up capital is ₹ 191.38 Cr.

  • Currently 5 directors are associated with Jotun India Private Limited.

    • Martin Ai Leng Chew
    • Baard Tonning
    • Shashi Kumar Venugopal
    • Drishti Ajay Kagalwala
    • Pooja Khushal Sanghvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jotun India Private Limited is Fulcrum A Wing 601(Ii)/602 Next To Hyatt Regency Sahar Road, Andheri East India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of Jotun India Private Limited is U24224MH2006PTC160431 and the company number is 160431 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jotun India Private Limited is https://www.jotun.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Jotun India Private Limited has risen by 16.07%.

  • As Per 2023 financial reports, 343 employees are currently employed by Jotun India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Jotun India Private Limited has experienced an upsurge of 13.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Jotun India Private Limited amount to ₹ 39.65 Cr.

  • The most recent Balance Sheet for Jotun India Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Paint & Coatings