Nexon Paints Profile
Key Indicators
- Authorised Capital ₹ 9.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 7.58 Cr
as on 16-11-2024
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 42.02 Cr
as on 16-11-2024
- Satisfied Charges ₹ 8.90 Cr
as on 16-11-2024
- Revenue 18.67%
(FY 2023)
- Profit 1.82%
(FY 2023)
- Ebitda 11.98%
(FY 2023)
- Net Worth 27.87%
(FY 2023)
- Total Assets 29.16%
(FY 2023)
About Nexon Paints
The Corporate was formerly known as Sai Coat 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 9.00 Cr and a paid-up capital of Rs 7.58 Cr.
The company currently has active open charges totaling ₹42.02 Cr. The company has closed loans amounting to ₹8.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Praveen Kumar, Ajoy Mundkur, Okaram Choudhary, and One other member serve as directors at the Company.
- CIN/LLPIN
U24200TG2008PTC057215
- Company No.
057215
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Jan 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Nexon Paints Private Limited offer?
Nexon Paints Private Limited offers a wide range of products and services, including Distemper, Acrylic Distemper Paint.
Who are the key members and board of directors at Nexon Paints?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kharta Choudhary  | Managing Director | 18-Jan-2008 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen Kumar | Director | 31-Jan-2020 | Current |
| Ajoy Mundkur | Director | 04-Sep-2018 | Current |
| Okaram Choudhary | Director | 28-Mar-2015 | Current |
Financial Performance and Corporate Structure Insights of Nexon Paints.
Nexon Paints Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.67% increase. The company also saw a slight improvement in profitability, with a 1.82% increase in profit. The company's net worth Soared by an impressive increase of 27.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nexon Paints?
In 2023, Nexon Paints had a promoter holding of 98.42% and a public holding of 1.58%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
K.R.C. Plast Private LimitedActive 14 years 2 monthsPraveen Kumar, Okaram Choudhary and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 31 Oct 2023 | ₹6.06 M | Open |
Hdfc Bank Limited Creation Date: 29 Mar 2023 | ₹31.11 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Sep 2012 | ₹10.30 Cr | Open |
How Many Employees Work at Nexon Paints?
Nexon Paints has a workforce of 181 employees as of Apr 05, 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 Nexon 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 Nexon Paints'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.
