Nippon Paint (India) Profile
Key Indicators
- Authorised Capital ₹ 570.00 Cr
- Paid Up Capital ₹ 562.80 Cr
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Dec 2023
- Open Charges ₹ 5.25 Cr
- Revenue Growth 15.74%
- Profit Growth 1766.86%
- Ebitda 176.55%
- Net Worth 11.06%
- Total Assets 16.25%
About Nippon Paint (India)
Nippon Paint (India) Private Limited (NPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 2006 and has a history of 19 years and three months. Its registered office is in Kanchipuram, Tamil Nadu, India.
The Corporate was formerly known as Nipsea Paints & Chemicals P Ltd. 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 December 2023. It's a company limited by shares with an authorized capital of Rs 570.00 Cr and a paid-up capital of Rs 562.80 Cr.
The company currently has active open charges totaling ₹5.25 Cr.
The Key Managerial Personnel (KMP) at Nippon Paint (India) Private Limited India is Subash Gaijes as COMPANY SECRETARY. Hardevsingh Bhandechha, Sharad Malhotra, Ng Leng, and Two other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TN2006PTC069356
- Company No.
069356
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jan 2006
- Date of AGM
26 Jun 2024
- Date of Balance Sheet
31 Dec 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Manufacturing
What products or services does Nippon Paint (India) Private Limited offer?
Nippon Paint (India) Private Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Interior Paint, Industrial Chemicals & Supplies, Waterproofing Chemicals, Adhesives, Glue and Sealants, Tile Adhesives, Decorative Paints and coatings, Primer, Emulsion Paints, FRP Lining, PU & Powder Coatings.
Nippon Paint (India) Private Limited
Explore comprehensive data for Nippon Paint (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nippon Paint (India)?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jon Yiu  | Managing Director | 18-Sep-2023 | Current |
Subash Gaijes  | Company Secretary | 25-Mar-2021 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Hardevsingh Bhandechha | Director | 14-Dec-2022 | Current |
| Sharad Malhotra | Director | 04-Sep-2021 | Current |
| Ng Leng | Director | 27-Jul-2023 | Current |
| Mahesh Anand | Director | 08-Nov-2017 | Current |
Financial Performance of Nippon Paint (India).
Nippon Paint (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.74% increase. The company also saw a substantial improvement in profitability, with a 1766.86% increase in profit. The company's net worth Soared by an impressive increase of 11.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nippon Paint (India)?
In 2023, Nippon Paint (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nippon Paint Indokote Industries Private LimitedSharad Malhotra, Ng Leng and 1 more are mutual person
Berger Nippon Paint Automotive Coatings Private LimitedJon Yiu is a mutual person
Pcts Specialty Chemicals (India) Private LimitedMahesh Anand is a mutual person
- Paints And Coatings Skill Council
Mahesh Anand is a mutual person
Charges (Loans)
Open Charges
₹5.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 5.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Dec 2016 | Standard Chartered Bank | ₹5.25 Cr | Open |
How Many Employees Work at Nippon Paint (India)?
Nippon Paint (India) has a workforce of 1331 employees as of Nov 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nippon Paint (India), 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 Nippon Paint (India)'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 Nippon Paint (India)
Recent activity within the organization
- Annual General Meeting
Nippon Paint (India) Private Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.
- Balance Sheet
Nippon Paint (India) Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Chennai.
- Director Appointment
Jon Tan Hon Yiu was appointed as a Managing Director was appointed as a Managing Director on 18 Sep 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Ng Soon Leng was appointed as a Director was appointed as a Director on 27 Jul 2023 & has been associated with this company since 1 year 9 months .
- Charges
A charge with Standard Chartered Bank of Rs. 5.25 Cr registered on 22 Dec 2016 with Charge ID 100072615 was modified on 26 Apr 2023.
- Director Appointment
Hardevsingh Sardarsingh Bhandechha was appointed as a Director was appointed as a Director on 14 Dec 2022 & has been associated with this company since 2 years 5 months .
Recent News, Updates & Announcement
Nippon Paint India partners with HMSI for aftermarket paint services.The co-branded product called ‘Atom’ for recommended shades along with a full range of Nippon Paint branded ancillary products..
Frequently asked questions
What is the Incorporation or founding date of Nippon Paint (India) Private Limited?
Nippon Paint (India) Private Limited was incorporated on 19 Jan 2006.
What is authorized share capital and paid-up capital of Nippon Paint (India) Private Limited?
The authorized share capital of Nippon Paint (India) Private Limited is ₹ 570.00 Cr and paid-up capital is ₹ 562.80 Cr.
Who are the current board members & directors of Nippon Paint (India) Private Limited?
Currently 6 directors are associated with Nippon Paint (India) Private Limited.
- Hardevsingh Sardarsingh Bhandechha
- Sharad Malhotra
- Ng Soon Leng
- Jon Tan Hon Yiu
- Subash Gaijes
- Mahesh Sivasankaran Anand
What is the registered address of Nippon Paint (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nippon Paint (India) Private Limited is Plot No. K-8(1) Phase-Ii Sipcot Industrial Park Mambakkam Village, India, Sunguvarchatiram, Tamil Nadu, 602106.
What is the corporate identification number (CIN) and company number of Nippon Paint (India) Private Limited?
The corporate identification number (CIN) of Nippon Paint (India) Private Limited is U74999TN2006PTC069356 and the company number is 069356 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nippon Paint (India) Private Limited?
The Official website of Nippon Paint (India) Private Limited is https://www.nipponpaint.co.in
What has been the recent revenue trend for Nippon Paint (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nippon Paint (India) Private Limited has risen by 15.74%.
How many employees does Nippon Paint (India) Private Limited currently have?
As Per 2023 financial reports, 1331 employees are currently employed by Nippon Paint (India) Private Limited.
What change has been observed in the net worth of Nippon Paint (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nippon Paint (India) Private Limited has experienced an upsurge of 11.06%.
What are the total open charges for Nippon Paint (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nippon Paint (India) Private Limited amount to ₹ 5.25 Cr.
When was the last Balance Sheet of Nippon Paint (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Nippon Paint (India) Private Limited was filed with the ROC on 31 Dec 2023.
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