Ppg Asian Paints Private Limited

Manufacturer of automotive and industrial paints, including refinish and marine services.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ppg Asian Paints Profile

Key Indicators

  • Authorised Capital ₹ 130.00 Cr
  • Paid Up Capital ₹ 57.04 Cr
  • Company Age 28 Year, 10 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 30.00 Cr
  • Revenue Growth 11.36%
  • Profit Growth 50.79%
  • Ebitda 39.26%
  • Net Worth 3.82%
  • Total Assets 5.03%

About Ppg Asian Paints

Ppg Asian Paints Private Limited (PAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 February 1997 and has a history of 28 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Asian Ppg Industries 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 130.00 Cr and a paid-up capital of Rs 57.04 Cr.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹30.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ppg Asian Paints Private Limited India are Jitendra Kalra as Ceo, Abbas Motorwala as Company Secretary, and Rajiv Vimal as Cfo. Jeyamurugan Ramalingam, Man Siu, Rahul Bhatnagar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ppgasianpaints.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24200MH1997PTC105961

  • Company No.

    105961

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Feb 1997

  • Date of AGM

    30 May 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Ppg Asian Paints Private Limited offer?

Ppg Asian Paints Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services, Packaging Caps & Seals, Cap Closures, Aluminium,Tin Can & Metal Containers, Tin Containers, Manufacturing & Assembling Services, Machining Job Work, Automobile Repairing and Maintenance, Four Wheeler Repair and Maintenance Services.

Who are the key members and board of directors at Ppg Asian Paints?

Executive Team (3)

NameDesignationAppointment DateStatus
Jitendra Kalra Country flag representing In CEO04-Jul-2022Current
Abbas Motorwala Country flag representing In Company Secretary18-Jul-2023Current
Rajiv Vimal CFO30-Jan-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Jeyamurugan Ramalingam Country flag representing In Nominee Director 27-Nov-2019Current
Man Siu Country flag representing Hk Nominee Director 22-Jul-2020Current
Rahul Bhatnagar Country flag representing In Nominee Director 15-Jul-2022Current
Chancey Hagerty Country flag representing Us Nominee Director 18-Apr-2023Current

Financial Performance of Ppg Asian Paints.

Ppg Asian Paints Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 11.36% increase. The company also saw a substantial improvement in profitability, with a 50.79% increase in profit. The company's net worth moved up by a moderate rise of 3.82%.

Ppg Asian Paints revenue growth over time
Ppg Asian Paints 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
11.36%
Revenue from Operations
10.88%
Total Assets
5.03%
Profit or Loss
50.79%
Net Worth
3.82%
EBITDA
39.26%

What is the Ownership and Shareholding Structure of Ppg Asian Paints?

In 2024, Ppg Asian Paints had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 Cr

Satisfied Charges

₹30.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 1999State Bank Of India₹35.00 CrOpen
06 Jun 2011Hdfc Bank Limited₹30.00 CrSatisfied

How Many Employees Work at Ppg Asian Paints?

Ppg Asian Paints has a workforce of 762 employees as of Nov 08, 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.

Employee growth trends for Ppg Asian Paints Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ppg Asian 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 Ppg Asian 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 Ppg Asian Paints

Recent activity within the organization

  • Annual General Meeting

    Ppg Asian Paints Private Limited last Annual general meeting of members was held on 30 May 2024 as per latest MCA records.

  • Balance Sheet

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

  • Director Appointment

    Rajiv Vimal was appointed as a Cfo was appointed as a Cfo on 30 Jan 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Chancey Edwin Hagerty was appointed as a Nominee Director was appointed as a Nominee Director on 18 Apr 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Rahul Bhatnagar was appointed as a Nominee Director was appointed as a Nominee Director on 15 Jul 2022 & has been associated with this company since 2 years 7 months .

  • Charges

    A charge with State Bank Of India of Rs. 35.00 Cr registered on 10 Aug 1999 with Charge ID 90147326 was modified on 28 Jun 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Ppg Asian Paints Private Limited?

    Ppg Asian Paints Private Limited was incorporated on 19 Feb 1997.

  • What is authorized share capital and paid-up capital of Ppg Asian Paints Private Limited?

    The authorized share capital of Ppg Asian Paints Private Limited is ₹ 130.00 Cr and paid-up capital is ₹ 57.04 Cr.

  • Who are the current board members & directors of Ppg Asian Paints Private Limited?

    Currently 7 directors are associated with Ppg Asian Paints Private Limited.

    • Jeyamurugan Jeyapandiyan Ramalingam
    • Man Wai Siu
    • Rahul Bhatnagar
    • Chancey Edwin Hagerty
    • Jitendra Kalra
    • Abbas Haiderali Motorwala
    • Rajiv Vimal

  • What is the registered address of Ppg Asian Paints Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ppg Asian Paints Private Limited is 6-Ashanti Nagar Santacruz (East) India, Mumbai, Maharashtra, 400055.

  • What is the corporate identification number (CIN) and company number of Ppg Asian Paints Private Limited?

    The corporate identification number (CIN) of Ppg Asian Paints Private Limited is U24200MH1997PTC105961 and the company number is 105961 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ppg Asian Paints Private Limited?

    The Official website of Ppg Asian Paints Private Limited is https://www.ppgasianpaints.com

  • What has been the recent revenue trend for Ppg Asian Paints Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Ppg Asian Paints Private Limited has risen by 11.36%.

  • How many employees does Ppg Asian Paints Private Limited currently have?

    As Per 2024 financial reports, 762 employees are currently employed by Ppg Asian Paints Private Limited.

  • What change has been observed in the net worth of Ppg Asian Paints Private Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Ppg Asian Paints Private Limited has experienced an upsurge of 3.82%.

  • What are the total open charges for Ppg Asian Paints Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Ppg Asian Paints Private Limited amount to ₹ 35.00 Cr.

  • When was the last Balance Sheet of Ppg Asian Paints Private Limited filed with the ROC?

    The most recent Balance Sheet for Ppg Asian Paints Private Limited was filed with the ROC on 31 Mar 2024.

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