Marigold Paints Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.98 Cr
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.96 Cr
- Satisfied Charges ₹ 38.00 Cr
- Revenue Growth 16.93%
- Profit Growth 19.97%
- Ebitda -64.67%
- Net Worth -5.03%
- Total Assets -5.81%
About Marigold Paints
Marigold Paints Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1987 and has a history of 37 years and 11 months. Its registered office is in Anand, Gujarat, 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 5.00 Cr and a paid-up capital of Rs 3.98 Cr.
The company currently has active open charges totaling ₹4.96 Cr. The company has closed loans amounting to ₹38.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Umesh Singh, Hriday Ruia, and Ardhendu Nandy serve as directors at the Company.
Company Details
- Location
Anand, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24114GJ1987PTC009542
- Company No.
009542
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Apr 1987
- Date of AGM
18 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Marigold Paints Private Limited offer?
Marigold Paints Private Limited offers a wide range of products and services, including Natural and Synthetic Resins, Resins, Paints, Wall Putty & Varnishes, Wall Putty, Chemical Handling Equipment, Chemical Equipment, Automotive Paints and Coatings, Stoving Paint, Wood & Metal Paint, Wood Finishes.
Who are the key members and board of directors at Marigold Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Singh  | Managing Director | 21-Dec-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hriday Ruia | Director | 31-Mar-2022 | Current |
| Ardhendu Nandy | Director | 02-Jan-2020 | Current |
Financial Performance of Marigold Paints.
Marigold Paints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.93% increase. The company also saw a substantial improvement in profitability, with a 19.97% increase in profit. The company's net worth dipped by a decrease of 5.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Marigold Paints?
In 2023, Marigold Paints had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Killick Agencies And Marketing LimitedHriday Ruia is a mutual person
Samudra Gavrau Apartments Private LimitedHriday Ruia is a mutual person
- Ramrikhdas Balkison & Sons Private Limited
Hriday Ruia is a mutual person
- Killick Shipping Services Ltd
Hriday Ruia is a mutual person
- Stallion Investments Pvt Ltd
Hriday Ruia is a mutual person
Charges (Loans)
Open Charges
₹4.96 Cr
Satisfied Charges
₹38.00 Cr
Charges Breakdown by Lending Institutions
- Others : 4.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2023 | Others | ₹1.08 M | Open |
| 13 Jan 2010 | Others | ₹4.85 Cr | Open |
| 23 Nov 2009 | Bank Of Baroda | ₹8.00 Cr | Satisfied |
| 17 May 2008 | Axis Bank Limited | ₹7.00 Cr | Satisfied |
| 10 Mar 2008 | Axis Bank Limited | ₹7.00 Cr | Satisfied |
How Many Employees Work at Marigold Paints?
Marigold Paints has a workforce of 81 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Marigold 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 Marigold Paints's trajectory.
Rating
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
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 Marigold Paints
Recent activity within the organization
- Annual General Meeting
Marigold Paints Private Limited last Annual general meeting of members was held on 18 Sep 2024 as per latest MCA records.
- Balance Sheet
Marigold Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 4.85 Cr registered on 13 Jan 2010 with Charge ID 10200226 was modified on 21 Mar 2024.
- Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100693715 was registered on 31 Jan 2023.
- Director Appointment
Hriday Darsh Ruia was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 2 years 11 months .
- Charges
A charge registered on 23 Nov 2009 via Charge ID 10233173 with Bank Of Baroda was fully satisfied on 15 Sep 2021.
Frequently asked questions
What is the Incorporation or founding date of Marigold Paints Private Limited?
Marigold Paints Private Limited was incorporated on 02 Apr 1987.
What is authorized share capital and paid-up capital of Marigold Paints Private Limited?
The authorized share capital of Marigold Paints Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.98 Cr.
Who are the current board members & directors of Marigold Paints Private Limited?
Currently 3 directors are associated with Marigold Paints Private Limited.
- Umesh Chandra Singh
- Hriday Darsh Ruia
- Ardhendu Kumar Nandy
What is the registered address of Marigold Paints Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Marigold Paints Private Limited is Vallabh Vidyanagar ( Anand ) Vidyangar India, Vallabh Vidyangar, Gujarat, 388120.
What is the corporate identification number (CIN) and company number of Marigold Paints Private Limited?
The corporate identification number (CIN) of Marigold Paints Private Limited is U24114GJ1987PTC009542 and the company number is 009542 as per Ministry of Corporate Affairs (MCA).
What is the official website of Marigold Paints Private Limited?
The Official website of Marigold Paints Private Limited is https://www.marigoldpaints.com
What has been the recent revenue trend for Marigold Paints Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Marigold Paints Private Limited has risen by 16.93%.
How many employees does Marigold Paints Private Limited currently have?
As Per 2023 financial reports, 81 employees are currently employed by Marigold Paints Private Limited.
What change has been observed in the net worth of Marigold Paints Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Marigold Paints Private Limited has experienced an downturn of -5.03%.
What are the total open charges for Marigold Paints Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Marigold Paints Private Limited amount to ₹ 4.96 Cr.
When was the last Balance Sheet of Marigold Paints Private Limited filed with the ROC?
The most recent Balance Sheet for Marigold Paints Private Limited was filed with the ROC on 31 Mar 2024.
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