New World Paints Private Limited

Produces a variety of paints for residential and commercial use.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

New World Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Revenue Growth 18.25%
  • Profit Growth -3.48%
  • Ebitda -13.51%
  • Net Worth 4.08%
  • Total Assets 4.09%

About New World Paints

New World Paints Private Limited (NWPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 November 2008 and has a history of 16 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Oxy Premium Paints Private 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.00 Cr.

Kirti Gosar and Manish Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    newworldpaints.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24220MH2008PTC187925

  • Company No.

    187925

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does New World Paints Private Limited offer?

New World Paints Private Limited offers a wide range of products and services, including Exterior Paint, Exterior Wall Paint.

Who are the key members and board of directors at New World Paints?

Board Members (2)

NameDesignationAppointment DateStatus
Kirti Gosar Country flag representing In Director 17-Jul-2012Current
Manish Shah Country flag representing In Director 03-Nov-2008Current

Financial Performance of New World Paints.

New World Paints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.25% increase. The company also saw a slight decrease in profitability, with a 3.48% decrease in profit. The company's net worth moved up by a moderate rise of 4.08%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.25%
Revenue from Operations
16.39%
Total Assets
4.09%
Profit or Loss
-3.48%
Net Worth
4.08%
EBITDA
-13.51%

What is the Ownership and Shareholding Structure of New World Paints?

In 2023, New World Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tata Capital Financial Services Limited : 2.00 Cr
  • Deutsche Bank Ag : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Oct 2018Tata Capital Financial Services Limited₹2.00 CrOpen
30 Jun 2014Deutsche Bank Ag₹2.00 CrOpen

How Many Employees Work at New World Paints?

New World Paints has a workforce of 36 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New World Paints, 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 New World Paints's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 New World Paints

Recent activity within the organization

  • Annual General Meeting

    New World Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    New World Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 20.00 M with Charge ID 100211833 was registered on 26 Oct 2018.

    26 Oct 2018

  • Charges

    A charge with Deutsche Bank Ag amounted to Rs. 20.00 M with Charge ID 10517222 was registered on 30 Jun 2014.

    30 Jun 2014

  • Director Appointment

    Kirti Mulji Gosar was appointed as a Director was appointed as a Director on 17 Jul 2012 & has been associated with this company since 12 years 7 months .

    17 Jul 2012

  • Director Appointment

    Manish Nanji Shah was appointed as a Director was appointed as a Director on 03 Nov 2008 & has been associated with this company since 16 years 3 months .

    03 Nov 2008

Frequently asked questions

  • New World Paints Private Limited was incorporated on 03 Nov 2008.

  • The authorized share capital of New World Paints Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with New World Paints Private Limited.

    • Kirti Mulji Gosar
    • Manish Nanji Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of New World Paints Private Limited is 206 Rizvi Chambers Hill Road Bandra(W) India, Mumbai, Maharashtra, 400050.

  • The corporate identification number (CIN) of New World Paints Private Limited is U24220MH2008PTC187925 and the company number is 187925 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New World Paints Private Limited is https://www.newworldpaints.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for New World Paints Private Limited has risen by 18.25%.

  • As Per 2023 financial reports, 36 employees are currently employed by New World Paints Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of New World Paints Private Limited has experienced an upsurge of 4.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for New World Paints Private Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for New World Paints Private Limited was filed with the ROC on 31 Mar 2024.

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