Muthu Paint Industries Private Limited
Produces and sells paints, established in 1960, based in Tamil Nadu.
1960 | Madurai, Tamil Nadu (India) | Active
Muthu Paint Industries Profile
Key Indicators
- Authorised Capital ₹ 0.30 M
- Paid Up Capital ₹ 0.27 M
- Company Age 64 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.40 M
- Satisfied Charges ₹ 0.20 M
- Revenue Growth %
- Profit Growth 87.57%
- Ebitda 85.52%
- Net Worth -0.91%
- Total Assets -44.73%
About Muthu Paint Industries
Muthu Paint Industries Private Limited (MPIPL) was founded in India on 08 August 1960 and has a glorious history of 64 years and six months.Its registered office is in Madurai, Tamil Nadu, India.
The Company is engaged in the Chemicals 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 0.30 M and a paid-up capital of Rs 0.27 M.
The company currently has active open charges totaling ₹0.40 M. The company has closed loans amounting to ₹0.20 M, as per Ministry of Corporate Affairs (MCA) records.
Nallathambi Mangani, Somasundaram Mala, Rathnam Nallathambi, and One other member serve as directors at the Company.
Company Details
- Location
Madurai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24222TN1960PTC004224
- Company No.
004224
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Aug 1960
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Chemicals
Who are the key members and board of directors at Muthu Paint Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nallathambi Mangani  | Director | 15-Nov-1997 | Current |
| Somasundaram Mala | Director | 12-Nov-1996 | Current |
| Rathnam Nallathambi | Director | 06-Jul-1985 | Current |
| Rathnam Somasundaram | Director | 24-Apr-1995 | Current |
Financial Performance of Muthu Paint Industries.
Muthu Paint Industries Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 87.57% increase in profit. The company's net worth dipped by a decrease of 0.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Muthu Paint Industries?
In 2023, Muthu Paint Industries 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)
- The Dindigul Iron And Hardwares Private Limited
Somasundaram Mala and Rathnam Somasundaram are mutual person
Charges (Loans)
Open Charges
₹0.40 M
Satisfied Charges
₹0.20 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.03 Cr
- Tamilnad Mercantile Bank Ltd. : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 1980 | Tamilnad Mercantile Bank Ltd. | ₹0.10 M | Open |
| 24 Jun 1976 | Canara Bank | ₹0.30 M | Open |
| 24 Nov 1983 | Tamilnadu Mercantile Bank Limited | ₹0.20 M | Satisfied |
How Many Employees Work at Muthu Paint Industries?
Muthu Paint Industries has a workforce of 2 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muthu Paint Industries, 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 Muthu Paint Industries'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 Muthu Paint Industries
Recent activity within the organization
- Annual General Meeting
Muthu Paint Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Muthu Paint Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 24 Nov 1983 via Charge ID 90296696 with Tamilnadu Mercantile Bank Limited was fully satisfied on 11 Nov 2017.
- Charges
A charge with Tamilnadu Mercantile Bank Limited of Rs. 0.20 M registered on 24 Nov 1983 with Charge ID 90296696 was modified on 31 Aug 2010.
- Director Appointment
Nallathambi Mangani was appointed as a Director was appointed as a Director on 15 Nov 1997 & has been associated with this company since 27 years 3 months .
- Director Appointment
Somasundaram Mala was appointed as a Director was appointed as a Director on 12 Nov 1996 & has been associated with this company since 28 years 3 months .
Frequently asked questions
What is the Incorporation or founding date of Muthu Paint Industries Private Limited?
Muthu Paint Industries Private Limited was incorporated on 08 Aug 1960.
What is authorized share capital and paid-up capital of Muthu Paint Industries Private Limited?
The authorized share capital of Muthu Paint Industries Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.27 M.
Who are the current board members & directors of Muthu Paint Industries Private Limited?
Currently 4 directors are associated with Muthu Paint Industries Private Limited.
- Nallathambi Mangani
- Somasundaram Mala
- Rathnam Nallathambi
- Rathnam Somasundaram
What is the registered address of Muthu Paint Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Muthu Paint Industries Private Limited is D-9 Sidco Kappalur Ind.Estate Thopur P.O., India, Madurai, Tamil Nadu, 625008.
What is the corporate identification number (CIN) and company number of Muthu Paint Industries Private Limited?
The corporate identification number (CIN) of Muthu Paint Industries Private Limited is U24222TN1960PTC004224 and the company number is 004224 as per Ministry of Corporate Affairs (MCA).
How many employees does Muthu Paint Industries Private Limited currently have?
As Per 2022 financial reports, 2 employees are currently employed by Muthu Paint Industries Private Limited.
What change has been observed in the net worth of Muthu Paint Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Muthu Paint Industries Private Limited has experienced an downturn of -0.91%.
What are the total open charges for Muthu Paint Industries Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Muthu Paint Industries Private Limited amount to ₹ 0.40 M.
When was the last Balance Sheet of Muthu Paint Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Muthu Paint Industries Private Limited was filed with the ROC on 31 Mar 2024.
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