Mysore Paints And Varnish Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 77 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 25.56 Cr
- Revenue Growth -5.60%
- Profit Growth -15.98%
- Ebitda -42.16%
- Net Worth 4.51%
- Total Assets -6.05%
About Mysore Paints And Varnish
Mysore Paints And Varnish Limited (MPAVL) was founded in India on 04 November 1947 and has a glorious history of 77 years and five months. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as The Mysore Lac And Paint Works 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 1.50 Cr and a paid-up capital of Rs 1.04 Cr.
The company currently has active open charges totaling ₹25.56 Cr.
Mallanagouda Patil, Hatrabailu Shobha, Chandrashekhar Doddamani, and One other member serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51434KA1947SGC000503
- Company No.
000503
- Company Classification
Public Limited State Government Company
- Incorporation Date
04 Nov 1947
- Date of AGM
01 Dec 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Mysore Paints And Varnish Limited
Explore comprehensive data for Mysore Paints And Varnish Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mysore Paints And Varnish?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mallanagouda Patil  | Director | 13-Jun-2023 | Current |
| Hatrabailu Shobha | Nominee Director | 12-Mar-2020 | Current |
| Chandrashekhar Doddamani | Additional Director | 13-Sep-2024 | Current |
| Nanjegowda Shivakumar | Nominee Director | 18-Mar-2024 | Current |
Financial Performance of Mysore Paints And Varnish.
Mysore Paints And Varnish Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.6% decrease. The company also saw a substantial fall in profitability, with a 15.98% decrease in profit. The company's net worth moved up by a moderate rise of 4.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mysore Paints And Varnish?
In 2023, Mysore Paints And Varnish had a promoter holding of 91.39% and a public holding of 8.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Mysore Electrical Industries LimitedHatrabailu Shobha is a mutual person
Karnataka Vidyuth Karkhane LimitedHatrabailu Shobha is a mutual person
Karnataka Soaps And Detergents LimitedNanjegowda Shivakumar is a mutual person
Invest Karnataka ForumMallanagouda Patil is a mutual person
Charges (Loans)
Open Charges
₹25.56 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 21.06 Cr
- State Bank Of India : 4.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2024 | Others | ₹21.06 Cr | Open |
| 08 May 2023 | State Bank Of India | ₹4.50 Cr | Open |
How Many Employees Work at Mysore Paints And Varnish?
Mysore Paints And Varnish has a workforce of 41 employees as of Oct 22, 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 Mysore Paints And Varnish, 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 Mysore Paints And Varnish'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 Mysore Paints And Varnish
Recent activity within the organization
- Director Appointment
Chandrashekhar Doddamani was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2024 & has been associated with this company since 7 months .
- Director Appointment
Nanjegowda Shivakumar was appointed as a Nominee Director was appointed as a Nominee Director on 18 Mar 2024 & has been associated with this company since 1 year 26 days .
- Charges
A charge with Others amounted to Rs. 21.06 Cr with Charge ID 100854259 was registered on 08 Jan 2024.
- Annual General Meeting
Mysore Paints And Varnish Limited last Annual general meeting of members was held on 01 Dec 2023 as per latest MCA records.
- Director Appointment
Mallanagouda Basanagouda Patil was appointed as a Director was appointed as a Director on 13 Jun 2023 & has been associated with this company since 1 year 10 months .
- Charges
A charge with State Bank Of India amounted to Rs. 4.50 Cr with Charge ID 100724895 was registered on 08 May 2023.
Frequently asked questions
What is the Incorporation or founding date of Mysore Paints And Varnish Limited?
Mysore Paints And Varnish Limited was incorporated on 04 Nov 1947.
What is authorized share capital and paid-up capital of Mysore Paints And Varnish Limited?
The authorized share capital of Mysore Paints And Varnish Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.04 Cr.
Who are the current board members & directors of Mysore Paints And Varnish Limited?
Currently 4 directors are associated with Mysore Paints And Varnish Limited.
- Mallanagouda Basanagouda Patil
- Hatrabailu Anantha Krishna Shobha
- Chandrashekhar Doddamani
- Nanjegowda Shivakumar
What is the registered address of Mysore Paints And Varnish Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mysore Paints And Varnish Limited is Thilaknagar India, Mysore, Karnataka, 570015.
What is the corporate identification number (CIN) and company number of Mysore Paints And Varnish Limited?
The corporate identification number (CIN) of Mysore Paints And Varnish Limited is U51434KA1947SGC000503 and the company number is 000503 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mysore Paints And Varnish Limited?
The Official website of Mysore Paints And Varnish Limited is https://www.mysorepaints.karnataka.gov.in
What has been the recent revenue trend for Mysore Paints And Varnish Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mysore Paints And Varnish Limited has fallen by -5.60%.
How many employees does Mysore Paints And Varnish Limited currently have?
As Per 2023 financial reports, 41 employees are currently employed by Mysore Paints And Varnish Limited.
What change has been observed in the net worth of Mysore Paints And Varnish Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mysore Paints And Varnish Limited has experienced an upsurge of 4.51%.
What are the total open charges for Mysore Paints And Varnish Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mysore Paints And Varnish Limited amount to ₹ 25.56 Cr.
When was the last Balance Sheet of Mysore Paints And Varnish Limited filed with the ROC?
The most recent Balance Sheet for Mysore Paints And Varnish Limited was filed with the ROC on 31 Mar 2023.
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