Maharani Innovative Paints Private Limited

Manufacturer of automotive coatings, paints, and primers with ISO certifications.

2013 | Delhi (India) | Active
Last Updated: January 05, 2025

Maharani Innovative Paints Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 11 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 24.27 Cr
  • Satisfied Charges ₹ 80.12 Cr
  • Revenue Growth 21.50%
  • Profit Growth -82.71%
  • Ebitda -67.99%
  • Net Worth 2.08%
  • Total Assets -0.93%

About Maharani Innovative Paints

Maharani Innovative Paints Private Limited (MIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 October 2013 and has a history of 11 years and three months. Its registered office is in Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 9.00 Cr.

The company currently has active open charges totaling ₹24.27 Cr. The company has closed loans amounting to ₹80.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maharani Innovative Paints Private Limited India is Anjali Kalra as COMPANY SECRETARY. Baldev Bhatia, Raj Bhatia, Vipen Bhatia, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24231DL2013PTC258813

  • Company No.

    258813

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2013

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Maharani Innovative Paints Private Limited offer?

Maharani Innovative Paints Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Special Coating, Varnishes, Forged Components, Forged Automotive Components, Insulating Varnish, Paints, Wood & Metal Paint, Industrial Varnish, Epoxy Paints and Coatings.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anjali Kalra Country flag representing In Company Secretary20-May-2015Current

Board Members (4)

NameDesignationAppointment DateStatus
Baldev Bhatia Country flag representing In Director 07-Oct-2013Current
Raj Bhatia Country flag representing In Director 07-Oct-2013Current
Vipen Bhatia Country flag representing In Director 07-Oct-2013Current
Mukesh Bhatia Country flag representing In Director 10-Jul-2023Current

Financial Performance of Maharani Innovative Paints.

Maharani Innovative Paints Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 21.5% increase. The company also saw a substantial fall in profitability, with a 82.71% decrease in profit. The company's net worth moved up by a moderate rise of 2.08%.

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
21.50%
Revenue from Operations
21.71%
Total Assets
-0.93%
Profit or Loss
-82.71%
Net Worth
2.08%
EBITDA
-67.99%

What is the Ownership and Shareholding Structure of Maharani Innovative Paints?

In 2022, Maharani Innovative 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

₹24.27 Cr

Satisfied Charges

₹80.12 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 24.27 Cr

Latest Charge Details

DateLenderAmountStatus
22 Aug 2024Hdfc Bank Limited₹1.70 MOpen
17 Aug 2023Hdfc Bank Limited₹1.01 MOpen
22 Jun 2023Hdfc Bank Limited₹24.00 CrOpen
22 Nov 2017Others₹22.00 CrSatisfied
21 Apr 2014Citi Bank N.A.₹7.00 CrSatisfied

How Many Employees Work at Maharani Innovative Paints?

Maharani Innovative Paints has a workforce of 159 employees as of Apr 01, 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 Maharani Innovative 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 Maharani Innovative 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 Maharani Innovative Paints

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100971889 was registered on 22 Aug 2024.

    22 Aug 2024

  • Annual General Meeting

    Maharani Innovative Paints Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100800042 was registered on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge registered on 01 Apr 2014 via Charge ID 10496948 with State Bank Of India was fully satisfied on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge registered on 01 Apr 2014 via Charge ID 10496949 with State Bank Of India was fully satisfied on 21 Jul 2023.

    21 Jul 2023

  • Charges

    A charge registered on 21 Apr 2014 via Charge ID 10494756 with Citi Bank N.A. was fully satisfied on 18 Jul 2023.

    18 Jul 2023

Frequently asked questions

  • Maharani Innovative Paints Private Limited was incorporated on 07 Oct 2013.

  • The authorized share capital of Maharani Innovative Paints Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 5 directors are associated with Maharani Innovative Paints Private Limited.

    • Baldev Raj Bhatia
    • Raj Kumar Bhatia
    • Vipen Bhatia
    • Mukesh Kumar Bhatia
    • Anjali Kalra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maharani Innovative Paints Private Limited is Dtj-131 Dlf Tower B, Jasola India, New Delhi, 110025.

  • The corporate identification number (CIN) of Maharani Innovative Paints Private Limited is U24231DL2013PTC258813 and the company number is 258813 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maharani Innovative Paints Private Limited is https://www.maharanipaints.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maharani Innovative Paints Private Limited has risen by 21.50%.

  • As Per 2022 financial reports, 159 employees are currently employed by Maharani Innovative Paints Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maharani Innovative Paints Private Limited has experienced an upsurge of 2.08%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maharani Innovative Paints Private Limited amount to ₹ 24.27 Cr.

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