Nippon Paint (India) Private Limited

Founded in 2006 and headquartered in Tamil Nadu, India.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 01, 2025

Nippon Paint (India) Profile

Key Indicators

  • Authorised Capital ₹ 570.00 Cr
  • Paid Up Capital ₹ 562.80 Cr
  • Company Age 19 Year, 12 Days
  • 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. 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
  • 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.

Who are the key members and board of directors at Nippon Paint (India)?

Executive Team (2)

NameDesignationAppointment DateStatus
Jon Yiu Country flag representing Sg Managing Director18-Sep-2023Current
Subash Gaijes Country flag representing In Company Secretary25-Mar-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Hardevsingh Bhandechha Country flag representing In Director 14-Dec-2022Current
Sharad Malhotra Country flag representing In Director 04-Sep-2021Current
Ng Leng Country flag representing Sg Director 27-Jul-2023Current
Mahesh Anand Country flag representing In Director 08-Nov-2017Current

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%.

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
15.74%
Revenue from Operations
16.04%
Total Assets
16.25%
Profit or Loss
1766.86%
Net Worth
11.06%
EBITDA
176.55%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 5.25 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2016Standard Chartered Bank₹5.25 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    26 Jun 2024

  • Balance Sheet

    Nippon Paint (India) Private Limited has filed its annual Financial statements for the year ended 31 Dec 2023 with Roc Chennai.

    31 Dec 2023

  • 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 4 months .

    18 Sep 2023

  • 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 6 months .

    27 Jul 2023

  • 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.

    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 1 month .

    14 Dec 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Nippon Paint (India) Private Limited was incorporated on 19 Jan 2006.

  • The authorized share capital of Nippon Paint (India) Private Limited is ₹ 570.00 Cr and paid-up capital is ₹ 562.80 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Nippon Paint (India) Private Limited is https://www.nipponpaint.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nippon Paint (India) Private Limited has risen by 15.74%.

  • As Per 2023 financial reports, 1331 employees are currently employed by Nippon Paint (India) Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nippon Paint (India) Private Limited amount to ₹ 5.25 Cr.

  • The most recent Balance Sheet for Nippon Paint (India) Private Limited was filed with the ROC on 31 Dec 2023.

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