Miracle Coatings Private Limited
Produces and applies various paints since 1980 in Karnataka.
1980 | Bangaluru, Karnataka (India) | Active
Miracle Coatings Profile
Key Indicators
- Authorised Capital ₹ 1.60 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 44 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.58 Cr
- Satisfied Charges ₹ 2.85 Cr
- Revenue Growth 39.05%
- Profit Growth 29.79%
- Ebitda 23.12%
- Net Worth 6.75%
- Total Assets 11.97%
About Miracle Coatings
Miracle Coatings Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1980 and has a history of 44 years and six months. Its registered office is in Bangaluru, Karnataka, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.50 Cr.
The company currently has active open charges totaling ₹3.58 Cr. The company has closed loans amounting to ₹2.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Bajaj, Sanjay Shroff, Tarak Madhani, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1980PTC003907
- Company No.
003907
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Miracle Coatings Private Limited
Explore comprehensive data for Miracle Coatings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Sanjay Shroff | Director | 03-Feb-1987 | Current |
| Tarak Madhani | Nominee Director | 18-May-2015 | Current |
| Ratikanta Panda | Director | 28-Jun-2024 | Current |
Financial Performance 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.
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Charges (Loans)
Open Charges
₹3.58 Cr
Satisfied Charges
₹2.85 Cr
Charges Breakdown by Lending Institutions
- Others : 3.50 Cr
- Hdfc Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2024 | Others | ₹3.50 Cr | Open |
| 05 Jun 2023 | Hdfc Bank Limited | ₹0.75 M | Open |
| 27 Jun 2002 | Karnataka State Financial Corportion | ₹4.00 M | Satisfied |
| 12 Dec 1995 | State Bank Of India | ₹2.40 Cr | Satisfied |
| 23 Apr 1981 | State Bank Of India | ₹0.45 M | 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.
Latest Updates, News, and FAQs on Miracle Coatings
Recent activity within the organization
- Annual General Meeting
Miracle Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Ratikanta Panda was appointed as a Director was appointed as a Director on 28 Jun 2024 & has been associated with this company since 8 months 14 days .
- Balance Sheet
Miracle Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 3.50 Cr registered on 10 Jan 2024 with Charge ID 100858582 was modified on 11 Jan 2024.
- Charges
A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100858582 was registered on 10 Jan 2024.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100742228 was registered on 05 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Miracle Coatings Private Limited?
Miracle Coatings Private Limited was incorporated on 20 Aug 1980.
What is authorized share capital and paid-up capital of Miracle Coatings Private Limited?
The authorized share capital of Miracle Coatings Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Miracle Coatings Private Limited?
Currently 4 directors are associated with Miracle Coatings Private Limited.
- Rajesh Ramchand Bajaj
- Sanjay Shroff
- Tarak Bhikhalal Madhani
- Ratikanta Panda
What is the registered address of Miracle Coatings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Miracle Coatings Private Limited is No.B-128 5Th Main Kssidc Layout Industrial Estate, Machon Ayakanhall India, Nelamangala, Karnataka, 562123.
What is the corporate identification number (CIN) and company number of Miracle Coatings Private Limited?
The corporate identification number (CIN) of Miracle Coatings Private Limited is U85110KA1980PTC003907 and the company number is 003907 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Miracle Coatings Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Miracle Coatings Private Limited has risen by 39.05%.
How many employees does Miracle Coatings Private Limited currently have?
As Per 2023 financial reports, 67 employees are currently employed by Miracle Coatings Private Limited.
What change has been observed in the net worth of Miracle Coatings Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Miracle Coatings Private Limited has experienced an upsurge of 6.75%.
What are the total open charges for Miracle Coatings Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Miracle Coatings Private Limited amount to ₹ 3.58 Cr.
When was the last Balance Sheet of Miracle Coatings Private Limited filed with the ROC?
The most recent Balance Sheet for Miracle Coatings Private Limited was filed with the ROC on 31 Mar 2024.
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