Mysore Paints And Varnish Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 77 Year, 2 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 two 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
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
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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)
₹25.56 Cr
₹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.
