Miracle Coatings Profile
Key Indicators
- Authorised Capital ₹ 1.60 Cr
as on 17-07-2024
- Paid Up Capital ₹ 1.53 Cr
as on 17-07-2024
- Company Age 44 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.75 M
as on 17-07-2024
- Satisfied Charges ₹ 2.85 Cr
as on 17-07-2024
- Revenue 39.05%
(FY 2023)
- Profit 29.79%
(FY 2023)
- Ebitda 23.12%
(FY 2023)
- Net Worth 6.75%
(FY 2023)
- Total Assets 11.97%
(FY 2023)
About Miracle Coatings
The Corporate was formerly known as Bangalore Paints 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 1.60 Cr and a paid-up capital of Rs 1.53 Cr.
The company currently has active open charges totaling ₹0.75 M. The company has closed loans amounting to ₹2.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Bajaj, Syed Fiaz, Sanjay Shroff, and One other member serve as directors at the Company.
- CIN/LLPIN
U85110KA1980PTC003907
- Company No.
003907
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Nelamangala, Karnataka, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Miracle Coatings?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Bajaj  | Nominee Director | 18-May-2015 | Current |
| Syed Fiaz | Additional Director | 31-Mar-2022 | Current |
| Sanjay Shroff | Director | 03-Feb-1987 | Current |
| Tarak Madhani | Nominee Director | 18-May-2015 | Current |
Financial Performance and Corporate Structure Insights of Miracle Coatings.
Miracle Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.05% increase. The company also saw a substantial improvement in profitability, with a 29.79% increase in profit. The company's net worth moved up by a moderate rise of 6.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Miracle Coatings?
In 2023, Miracle Coatings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 05 Jun 2023 | ₹0.75 M | Open |
Karnataka State Financial Corportion Creation Date: 27 Jun 2002 | ₹4.00 M | Satisfied |
State Bank Of India Creation Date: 12 Dec 1995 | ₹2.40 Cr | Satisfied |
How Many Employees Work at Miracle Coatings?
Miracle Coatings has a workforce of 67 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 Miracle Coatings, 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 Miracle Coatings'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.
