- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0118777

Neel Paints Private Limited
About Neel Paints Private Limited
Data last updated:
Neel Paints Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 18 February 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74994MH1977PTC019497. Its GSTIN is 27AAACN5936H1ZC (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.48 Lakh. It is led by directors including Suvarna Haribhau Deodhar and Shilpa Deodhar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.49 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Lakh (net margin 3.2%) and EBITDA of ₹17.22 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Neel Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0118777). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neel Paints
Contact details
Neel Paints Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Neel Paints 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 Neel Paints is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of Neel Paints Private Limited, buy the company report.
Financials of Neel Paints Private Limited
FY 2025 filings availableNeel Paints Private Limited reported revenue of ₹3.49 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 69% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.22 Lakh | ||||
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| Net Profit (PAT) | ₹11.04 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of Neel Paints Private Limited, buy the company report.
Board of directors of Neel Paints Private Limited
Neel Paints has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suvarna Haribhau Deodhar | Director | 14 Aug 2005 | 21 Years 2 Months | Current |
| Shilpa Deodhar | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Asmita Deodhar | Director | 24 Feb 2023 | 3 Years 8 Months | Current |
| Umesh Harishchandra Deodhar | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
| Harshad Haribhau Deodhar | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Neel Paints Private Limited is audited by V D GOSAVI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V D GOSAVI & CO | FY 2019 | 103339W |
Shareholding
The shareholding of Neel Paints Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neel Paints Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neel Paints 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 Neel Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neel Paints has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5936H1ZC | Maharashtra | Active | 21 Jul 2017 |
To see the full GST registrations and return filing status of Neel Paints Private Limited, buy the company report.
Recent activity
Neel Paints Private Limited has 10 board changes on record since 2005: 5 appointments and 5 cessations. The latest: Asmita Deodhar ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Neel Paints is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 18 February 1977 (49+ years old) and is registered under CIN U74994MH1977PTC019497.
Neel Paints has 5 current directors:
- Suvarna Haribhau Deodhar - Director
- Shilpa Deodhar - Director
- Asmita Deodhar - Director
- Umesh Harishchandra Deodhar - Director
- Harshad Haribhau Deodhar - Director
The latest financial statements of Neel Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neel Paints is 27AAACN5936H1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neel Paints is U74994MH1977PTC019497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neel Paints was incorporated on 18 February 1977, making it 49+ years old. It is registered with the Registrar of Companies, Pune.
Asmita Deodhar ceased to be Additional Director on 29 Sep 2023. Shilpa Deodhar ceased to be Additional Director on 29 Sep 2023. Asmita Deodhar was appointed as Director on 24 Feb 2023. Neel Paints has 10 board changes on record in total.
Yes, Neel Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0118777).
The registered office of Neel Paints is at Plot No 62 Diii Blockmidc Chinchwad, Pune, Maharashtra, India – 411004.
Neel Paints operates in the manufacturing industry, in the paint and coatings segment.

