Vaigai Paints Private Limited

Manufacturer and trader of paints, varnishes, and lacquers since 1993 in Tamil Nadu.

1993 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Vaigai Paints Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.14 M
  • Revenue Growth -0.92%
  • Profit Growth -32.16%
  • Ebitda 141.81%
  • Net Worth 3.90%
  • Total Assets 0.28%

About Vaigai Paints

Vaigai Paints Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 1993 and has a history of 31 years and nine months. Its registered office is in Madurai, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 0.50 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹5.14 M.

Anantha Valavan, Valavan Kodi, and Valavan Prabakaran serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24222TN1993PTC024989

  • Company No.

    024989

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

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

Executive Team (1)

NameDesignationAppointment DateStatus
Anantha Valavan Country flag representing In Managing Director04-May-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Valavan Prabakaran Country flag representing In Director 01-Dec-2014Current
Valavan Kodi Country flag representing In Director 01-Dec-2014Current

Financial Performance of Vaigai Paints.

Vaigai Paints Private Limited, for the financial year ended 2020, experienced Minor drop in revenue, with a 0.92% decrease. The company also saw a substantial fall in profitability, with a 32.16% decrease in profit. The company's net worth moved up by a moderate rise of 3.9%.

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
-0.92%
Revenue from Operations
-0.86%
Total Assets
0.28%
Profit or Loss
-32.16%
Net Worth
3.90%
EBITDA
141.81%

What is the Ownership and Shareholding Structure of Vaigai Paints?

In 2018, Vaigai Paints had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.14 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.51 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2019Canara Bank₹0.74 MOpen
10 Mar 2005Canara Bank₹4.40 MOpen

How Many Employees Work at Vaigai Paints?

Unlock and access historical data on people associated with Vaigai 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 Vaigai 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 Vaigai 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 Vaigai Paints

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Vaigai Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Canara Bank of Rs. 4.40 M registered on 10 Mar 2005 with Charge ID 90284352 was modified on 22 Apr 2020.

    22 Apr 2020

  • Charges

    A charge with Canara Bank amounted to Rs. 0.74 M with Charge ID 100249988 was registered on 05 Mar 2019.

    05 Mar 2019

  • Director Appointment

    Valavan Minnal Kodi was appointed as a Director was appointed as a Director on 01 Dec 2014 & has been associated with this company since 10 years 2 months .

    01 Dec 2014

  • Director Appointment

    Valavan Prabakaran was appointed as a Director was appointed as a Director on 01 Dec 2014 & has been associated with this company since 10 years 2 months .

    01 Dec 2014

Frequently asked questions

  • Vaigai Paints Private Limited was incorporated on 04 May 1993.

  • The authorized share capital of Vaigai Paints Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.20 M.

  • Currently 3 directors are associated with Vaigai Paints Private Limited.

    • Anantha Krishnan Valavan
    • Valavan Minnal Kodi
    • Valavan Prabakaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vaigai Paints Private Limited is 1/47-A Ayyanarpurampanaiyur P.O. India, Madurai-625 009, Tamil Nadu, 625009.

  • The corporate identification number (CIN) of Vaigai Paints Private Limited is U24222TN1993PTC024989 and the company number is 024989 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Vaigai Paints Private Limited has fallen by -0.92%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Vaigai Paints Private Limited has experienced an upsurge of 3.90%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Vaigai Paints Private Limited amount to ₹ 5.14 M.

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

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