Ppg Asian Paints Profile
Key Indicators
- Authorised Capital ₹ 130.00 Cr
- Paid Up Capital ₹ 57.04 Cr
- Company Age 27 Year, 11 Months
- 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 27 years and 11 months. 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
- 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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jitendra Kalra  | CEO | 04-Jul-2022 | Current |
| Abbas Motorwala | Company Secretary | 18-Jul-2023 | Current |
| Rajiv Vimal | CFO | 30-Jan-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jeyamurugan Ramalingam | Nominee Director | 27-Nov-2019 | Current |
Man Siu  | Nominee Director | 22-Jul-2020 | Current |
| Rahul Bhatnagar | Nominee Director | 15-Jul-2022 | Current |
Chancey Hagerty  | Nominee Director | 18-Apr-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Nova Surface-Care Centre Private LimitedRahul Bhatnagar is a mutual person
Harind Chemicals And Pharmaceuticals Private LimitedRahul Bhatnagar is a mutual person
Asian Paints Ppg Private LimitedJeyamurugan Ramalingam, Man Siu and 1 more are mutual person
Maxbhumi Developers LimitedJeyamurugan Ramalingam is a mutual person
Charges (Loans)
₹35.00 Cr
₹30.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Aug 1999 | State Bank Of India | ₹35.00 Cr | Open |
| 06 Jun 2011 | Hdfc Bank Limited | ₹30.00 Cr | Satisfied |
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.
Deals i
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
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.
