Vani Paints Private Limited

Produces paint varnishes since 1993, based in Madurai, Tamil Nadu.

1993 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 10, 2024

Vani Paints Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.92 Cr
  • Revenue Growth 77.57%
  • Profit Growth 290.78%
  • Ebitda 13.67%
  • Net Worth 10.46%
  • Total Assets 47.16%

About Vani Paints

Vani Paints Private Limited (VPPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 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 Manufacturing 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 1.00 M and a paid-up capital of Rs 0.18 M.

The company currently has active open charges totaling ₹1.92 Cr.

Palanichamy Shanmuganathan, Shanmuganathan Nathan, Shanmuganathan Archanakkumaari, and One other member 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

    U24222TN1993PTC024803

  • Company No.

    024803

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Palanichamy Shanmuganathan Country flag representing In Managing Director 12-Apr-1993 Current

Board Members (3)

Name Designation Appointment Date Status
Shanmuganathan Nathan Country flag representing In Director 01-Jul-2015 Current
Shanmuganathan Archanakkumaari Country flag representing In Director 19-Jan-2017 Current
Shunmuganathan Manirauj Country flag representing In Director 19-Jan-2017 Current

Financial Performance of Vani Paints.

Vani Paints Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 77.57% increase. The company also saw a substantial improvement in profitability, with a 290.78% increase in profit. The company's net worth Soared by an impressive increase of 10.46%.

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
77.57%
Revenue from Operations
77.60%
Total Assets
47.16%
Profit or Loss
290.78%
Net Worth
10.46%
EBITDA
13.67%

What is the Ownership and Shareholding Structure of Vani Paints?

In 2021, Vani 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

₹19.21 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.85 Cr
  • Tamilnad Mercantile Bank Ltd : 0.07 Cr

Latest Charge Details

Date Lender Amount Status
31 Mar 2022 Canara Bank ₹1.10 M Open
30 Apr 2002 Canara Bank ₹0.32 M Open
24 Dec 1997 Canara Bank ₹1.68 Cr Open
24 Dec 1997 Canara Bank ₹0.25 M Open
28 Feb 1996 Tamilnad Mercantile Bank Ltd ₹0.10 M Open

How Many Employees Work at Vani Paints?

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

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 16.84 M registered on 24 Dec 1997 with Charge ID 90282971 was modified on 07 Oct 2023.

    07 Oct 2023

  • Annual General Meeting

    Vani 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

    Vani 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 amounted to Rs. 1.10 M with Charge ID 100585001 was registered on 31 Mar 2022.

    31 Mar 2022

  • Director Appointment

    Shanmuganathan Archanakkumaari was appointed as a Director was appointed as a Director on 19 Jan 2017 & has been associated with this company since 8 years 20 days .

    19 Jan 2017

  • Director Appointment

    Shunmuganathan Manirauj was appointed as a Director was appointed as a Director on 19 Jan 2017 & has been associated with this company since 8 years 20 days .

    19 Jan 2017

Frequently asked questions

  • Vani Paints Private Limited was incorporated on 12 Apr 1993.

  • The authorized share capital of Vani Paints Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.18 M.

  • Currently 4 directors are associated with Vani Paints Private Limited.

    • Palanichamy Nadar Subramanian Shanmuganathan
    • Shanmuganathan Kalai Nathan
    • Shanmuganathan Archanakkumaari
    • Shunmuganathan Manirauj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Vani Paints Private Limited is 1/47 Ayyanarpuram, Periyar Po India, Madurai-625009, Tamil Nadu.

  • The corporate identification number (CIN) of Vani Paints Private Limited is U24222TN1993PTC024803 and the company number is 024803 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Vani Paints Private Limited has risen by 77.57%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Vani Paints Private Limited has experienced an upsurge of 10.46%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Vani Paints Private Limited amount to ₹ 1.92 Cr.

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

Similar Companies Based on Paint & Coatings