Retina Paints Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 15.34 Cr
- Company Age 14 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 13.40 Cr
- Satisfied Charges ₹ 1.45 M
- Revenue Growth 52.81%
- Profit Growth 92.29%
- Ebitda 41.32%
- Net Worth 426.19%
- Total Assets 72.65%
About Retina Paints
Retina Paints Limited (RPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 November 2010 and has a history of 14 years and four months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Retina 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 20.00 Cr and a paid-up capital of Rs 15.34 Cr.
The company currently has active open charges totaling ₹13.40 Cr. The company has closed loans amounting to ₹1.45 M, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Retina Paints Limited India are Madhu Solanki as COMPANY SECRETARY and Vishnu Suda as Cfo. Rakesh Dommati, Koyyada Rajitha, Srikanth Somepalli, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L24232TG2010PLC071018
- Company No.
071018
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Nov 2010
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Manufacturing
What products or services does Retina Paints Limited offer?
Retina Paints Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Primer, Emulsion Paints, Exterior Paint.
Who are the key members and board of directors at Retina Paints?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakesh Dommati  | Managing Director | 01-Dec-2022 | Current |
| Madhu Solanki | Company Secretary | 03-Jan-2025 | Current |
| Vishnu Suda | CFO | 05-Apr-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Koyyada Rajitha | Whole-Time Director | 01-Dec-2022 | Current |
| Srikanth Somepalli | Director | 30-Nov-2022 | Current |
| Arunachalam Manikandan | Director | 30-Nov-2022 | Current |
| Raju Koyyala | Director | 05-Sep-2024 | Current |
Financial Performance of Retina Paints.
Retina Paints Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 52.81% increase. The company also saw a substantial improvement in profitability, with a 92.29% increase in profit. The company's net worth Soared by an impressive increase of 426.19%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Retina Paints?
In 2023, Retina Paints had a promoter holding of 80.70% and a public holding of 19.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Unikon Paints Private LimitedRakesh Dommati and Koyyada Rajitha are mutual person
- Retina Retail Limited
Rakesh Dommati and Srikanth Somepalli are mutual person
- Askpg Advisors Llp
Srikanth Somepalli is a mutual person
- Shivam & Mani Associates Llp
Arunachalam Manikandan is a mutual person
- Bts Consultancy Services Private Limited
Arunachalam Manikandan is a mutual person
Charges (Loans)
Open Charges
₹13.40 Cr
Satisfied Charges
₹0.15 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 13.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2016 | Canara Bank | ₹5.00 M | Open |
| 11 Jun 2014 | Canara Bank | ₹12.90 Cr | Open |
| 05 Mar 2015 | Axis Bank Limited | ₹0.45 M | Satisfied |
| 13 Jan 2011 | Canara Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Retina Paints?
Retina Paints has a workforce of 35 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 Retina 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 Retina 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.
Latest Updates, News, and FAQs on Retina Paints
Recent activity within the organization
- Director Appointment
Madhu Solanki was appointed as a Company Secretary was appointed as a Company Secretary on 03 Jan 2025 & has been associated with this company since 2 months 3 days .
- Annual General Meeting
Retina Paints Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Canara Bank of Rs. 12.90 Cr registered on 11 Jun 2014 with Charge ID 10507898 was modified on 18 Sep 2024.
- Director Appointment
Raju Koyyala was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 6 months 1 day .
- Director Appointment
Vishnu Vardhan Yadav Suda was appointed as a Cfo was appointed as a Cfo on 05 Apr 2024 & has been associated with this company since 11 months 1 day .
- Balance Sheet
Retina Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Recent News, Updates & Announcement
Retina Paints SME IPO to open next week, check details here | Mint.The Retina Paints IPO consists of 3,700,000 equity shares with a face value of ₹10, totaling up to ₹11.10 crore. The issue is priced at ₹30..
Frequently asked questions
What is the Incorporation or founding date of Retina Paints Limited?
Retina Paints Limited was incorporated on 01 Nov 2010.
What is authorized share capital and paid-up capital of Retina Paints Limited?
The authorized share capital of Retina Paints Limited is ₹ 20.00 Cr and paid-up capital is ₹ 15.34 Cr.
Who are the current board members & directors of Retina Paints Limited?
Currently 7 directors are associated with Retina Paints Limited.
- Rakesh Dommati
- Koyyada Rajitha
- Srikanth Somepalli
- Arunachalam Manikandan
- Raju Koyyala
- Madhu Solanki
- Vishnu Vardhan Yadav Suda
What is the registered address of Retina Paints Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Retina Paints Limited is Block No 2 Floors 2 3 Survey No.184 185 Opp Ganesh Kaman Phase V Ida Cherlapa Lly, India, Hyderabad, Telangana, 500051.
What is the corporate identification number (CIN) and company number of Retina Paints Limited?
The corporate identification number (CIN) of Retina Paints Limited is L24232TG2010PLC071018 and the company number is 071018 as per Ministry of Corporate Affairs (MCA).
What is the official website of Retina Paints Limited?
The Official website of Retina Paints Limited is https://www.retinapaints.com
What has been the recent revenue trend for Retina Paints Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Retina Paints Limited has risen by 52.81%.
How many employees does Retina Paints Limited currently have?
As Per 2023 financial reports, 35 employees are currently employed by Retina Paints Limited.
What change has been observed in the net worth of Retina Paints Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Retina Paints Limited has experienced an upsurge of 426.19%.
What are the total open charges for Retina Paints Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Retina Paints Limited amount to ₹ 13.40 Cr.
When was the last Balance Sheet of Retina Paints Limited filed with the ROC?
The most recent Balance Sheet for Retina Paints Limited was filed with the ROC on 31 Mar 2024.
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