
Italpaints (India) Private Limited
About Italpaints (India) Private Limited
Data last updated:
Italpaints (India) Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 27 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2013PTC246266. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Roseline Kurian and Aditya Kurian.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at P11/12 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208.
As per the financials filed for FY 2019, the company reported a revenue of ₹32.81 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹18.57 Lakh (net margin -56.6%) and EBITDA of -₹17.56 Lakh (EBITDA margin -53.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Italpaints (India) Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP11/12 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Italpaints (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Italpaints (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Italpaints (India) Private Limited, buy the company report.
Financials of Italpaints (India) Private Limited
FY 2019 filings availableItalpaints (India) Private Limited reported revenue of ₹32.81 Lakh (down 80% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 80% fall in the latest year. EBITDA fell 975% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹17.56 Lakh | ||||
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| Net Profit (PAT) | -₹18.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -53.5% | ||||
| Net Profit Margin | -56.6% | ||||
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To see the full financial statements and ratios of Italpaints (India) Private Limited, buy the company report.
Board of directors of Italpaints (India) Private Limited
Italpaints (India) has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roseline Kurian | Director | 19 May 2015 | 11 Years 5 Months | Current |
| Aditya Kurian | Director | 19 May 2015 | 11 Years 5 Months | Current |
| Siddharth Kurian | Director | 27 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Italpaints (India) Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comfort Trends Private Limited | ₹32.84 Lakh (FY 2025) | -57.0% | Surat, Gujarat, India | |||
| Medillios Private Limited | ₹32.84 Lakh (FY 2024) | 37.0% | Noida, Uttar Pradesh, India | |||
| Kalium Healthcare Private Limited | ₹32.83 Lakh (FY 2024) | Delhi, India | ||||
| Perfect Soft Solutions Private Limited | ₹32.83 Lakh (FY 2024) | -25.0% | Delhi, India | |||
| Italpaints (India) Private Limitedthis company | ₹32.81 Lakh (FY 2019) | -₹18.57 Lakh | -56.6% | -80.0% | Vasai, Maharashtra, India | |
| Shri JSR Tradelink (India) Private Limited | ₹32.81 Lakh (FY 2025) | -54.0% | Jaipur, Rajasthan, India | |||
| Kamal Khandelwal Textile Agency Private Limited | ₹32.81 Lakh (FY 2019) | -95.0% | Surat, Gujarat, India | |||
| Weynkart Biz Private Limited | ₹32.81 Lakh (FY 2023) | -27.0% | Koyilandi, Kerala, India | |||
| Glazebharat Private Limited | ₹32.81 Lakh (FY 2024) | 520.0% | Bhadrak, Odisha, India | |||
| Healthy Craft Global Private Limited | ₹32.8 Lakh (FY 2023) | 166.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Italpaints (India) Private Limited, buy the company report.
Auditor
Italpaints (India) Private Limited is audited by KAMAL DHANUKA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMAL DHANUKA & CO. | FY 2017 | 131308W |
Shareholding
The shareholding of Italpaints (India) Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Italpaints (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Italpaints (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Italpaints (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Italpaints (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Italpaints (India) Private Limited, buy the company report.
Recent activity
Italpaints (India) Private Limited has 6 board changes on record since 2013: 3 appointments and 3 cessations. The latest: Aditya Kurian ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Italpaints (India) is an active private limited company based in Vasai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 27 July 2013 (13+ years old) and is registered under CIN U74900MH2013PTC246266.
Italpaints (India) has 3 current directors:
- Roseline Kurian - Director
- Aditya Kurian - Director
- Siddharth Kurian - Director
The latest financial statements of Italpaints (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Italpaints (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Italpaints (India) is U74900MH2013PTC246266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Italpaints (India) was incorporated on 27 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Italpaints (India) by revenue are Comfort Trends Private Limited, Medillios Private Limited, Kalium Healthcare Private Limited, Perfect Soft Solutions Private Limited, Shri JSR Tradelink (India) Private Limited and 4 more, all in the same principal business activity (wholesale trading).
Aditya Kurian ceased to be Additional Director on 30 Sep 2015. Roseline Kurian ceased to be Additional Director on 30 Sep 2015. Karimbil Sunny Sunny Kurian ceased to be Director on 31 May 2015. Italpaints (India) has 6 board changes on record in total.
The registered office of Italpaints (India) is at P1112 Ground Floor Royal Compound Kaman Bhiwandi Road, Vasai, Maharashtra, India – 401208.
Italpaints (India) operates in the trading industry, in the wholesale segment.
The compliance status of Italpaints (India) is compliant as of 10 July 2026. The company is actively filing with the Registrar of Companies.

