Special Paints Limited

Provides rental and leasing services for residential properties and offers financial and management consulting.

1945 | Mumbai, Maharashtra (India) | Active
Last Updated: February 07, 2025

Special Paints Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.77 Cr
  • Company Age 79 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 18.81 Cr
  • Revenue Growth -13.24%
  • Profit Growth -52.04%
  • Ebitda -37.07%
  • Net Worth 1.64%
  • Total Assets -3.76%

About Special Paints

Special Paints Limited (SPL) was founded in India on 20 October 1945 and has a glorious history of 79 years and four months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 6.77 Cr.

The company has closed loans amounting to ₹18.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ravindrakumar Ruia, Akshay Ruia, and Rajesh Yadav 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

    U74110MH1945PLC004590

  • Company No.

    004590

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 1945

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Outsourcing

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

Board Members (3)

NameDesignationAppointment DateStatus
Ravindrakumar Ruia Country flag representing In Director 29-Jun-1989Current
Akshay Ruia Country flag representing In Director 11-Jun-2014Current
Rajesh Yadav Country flag representing In Director 12-Jun-2009Current

Financial Performance of Special Paints.

Special Paints Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.24% decrease. The company also saw a substantial fall in profitability, with a 52.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.64%.

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
-13.24%
Revenue from Operations
-13.12%
Total Assets
-3.76%
Profit or Loss
-52.04%
Net Worth
1.64%
EBITDA
-37.07%

What is the Ownership and Shareholding Structure of Special Paints?

In 2023, Special Paints had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹18.81 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 18.81 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jul 2001Bank Of India₹5.05 CrSatisfied
08 Sep 1997Bank Of India₹6.00 MSatisfied
07 Oct 1995Bank Of India₹8.53 CrSatisfied
22 Sep 1995Bank Of India₹3.10 MSatisfied
22 Sep 1995Bank Of India₹3.40 MSatisfied

How Many Employees Work at Special Paints?

Unlock and access historical data on people associated with Special Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Special 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 Special 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 Special Paints

Recent activity within the organization

  • Annual General Meeting

    Special Paints Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Special Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Akshay Ravindrakumar Ruia was appointed as a Director was appointed as a Director on 11 Jun 2014 & has been associated with this company since 10 years 8 months .

    11 Jun 2014

  • Director Appointment

    Rajesh Shrinath Yadav was appointed as a Director was appointed as a Director on 12 Jun 2009 & has been associated with this company since 15 years 8 months .

    12 Jun 2009

  • Charges

    A charge registered on 27 Jul 2001 via Charge ID 80031977 with Bank Of India was fully satisfied on 17 Jul 2007.

    17 Jul 2007

  • Charges

    A charge registered on 08 Sep 1997 via Charge ID 80031976 with Bank Of India was fully satisfied on 17 Jul 2007.

    17 Jul 2007

Frequently asked questions

  • Special Paints Limited was incorporated on 20 Oct 1945.

  • The authorized share capital of Special Paints Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.77 Cr.

  • Currently 3 directors are associated with Special Paints Limited.

    • Ravindrakumar Vinaykumar Ruia
    • Akshay Ravindrakumar Ruia
    • Rajesh Shrinath Yadav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Special Paints Limited is Unitno.C-404 4Thfloor Marathonnextgeninnova Ganpatraokadammarg Lowerparel, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Special Paints Limited is U74110MH1945PLC004590 and the company number is 004590 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Special Paints Limited has fallen by -13.24%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Special Paints Limited has experienced an upsurge of 1.64%.

  • The most recent Balance Sheet for Special Paints Limited was filed with the ROC on 31 Mar 2023.

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