Agsar Paints Private Limited Company Logo

Agsar Paints Private Limited - Company Profile

It is a manufacturing private limited company based in Tuticorin-3., Tamil Nadu, India, established in 1974.

1974 | Tuticorin-3., Tamil Nadu, India | Active
Last Updated:

About Agsar Paints Private Limited

Agsar Paints Private Limited, a active private limited company, was established on 18 January 1974 in Tuticorin-3., Tamil Nadu, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24222TN1974PTC006522. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.45 Cr.

Formerly known as Agsar Chemicals Private Limited. It upholds a compliant status. Employing 145 professional, Its leadership includes Shankar Kirubakaramoorthy (Director), Nelliappan Rajamanickam Kirubakaramoorthy (Managing Director). Past directors included Paramaguru Raja Nellaiappan Alagappan Ramdas, Anbu Rajaraja, Nelliappan Rajamanickam Vijayasekaran. It holds ₹28.06 Cr open charges and ₹45.81 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 509-A, George Road,Tuticorin-3. Tuticorin-3., Tuticorin-3., Tamil Nadu, 600003.

Company Details

  • CIN/LLPIN

    U24222TN1974PTC006522

  • Registration Number

    006522

  • Incorporation Date

    18 January 1974

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹7.45 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.45 Cr
  • Company Age 51 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.06 Cr
  • Satisfied Charges ₹ 45.81 Cr
  • Revenue Growth -11.31%
  • Profit Growth 24.63%
  • Ebitda 85.92%
  • Net Worth 4.60%
  • Total Assets -2.02%
Company report

Agsar Paints Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Agsar Paints Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Agsar Paints Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Shankar KirubakaramoorthyDirector06 Jun 2016Current
Nelliappan Rajamanickam KirubakaramoorthyManaging Director09 Oct 1975Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector30 Apr 2016Past
Pramod AbcsddDirector09 Feb 2017Past
Pramod AbcsddManaging Director06 Dec 2019Past
Pramod AbcsddAdditional Director28 Sep 2016Past
Pramod AbcsddDirector09 Feb 2017Past
Pramod AbcsddDirector23 Apr 2022Past

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Financial Performance of Agsar Paints.

Agsar Paints Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.31% decrease. The company also saw a substantial improvement in profitability, with a 24.63% increase in profit. The company's net worth moved up by a moderate rise of 4.6%.

Agsar Paints revenue growth over time
Agsar Paints 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
-11.31%
Revenue from Operations
-6.99%
Total Assets
-2.02%
Profit or Loss
24.63%
Net Worth
4.60%
EBITDA
85.92%

What is the Ownership and Shareholding Structure of Agsar Paints?

In 2023, Agsar 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

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Charges (Loans)

Open Charges

₹280,636,288.00

Satisfied Charges

₹458,066,223.00

Charges Breakdown by Lending Institutions

  • Others : 22.82 Cr
  • Hdfc Bank Limited : 4.71 Cr
  • State Bank Of India : 0.42 Cr
  • Axis Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2025Hdfc Bank Limited₹1.75 MOpen
17 Jan 2025Hdfc Bank Limited₹1.75 MOpen
31 Jul 2023Hdfc Bank Limited₹2.50 MOpen
24 Jan 2023State Bank Of India₹4.20 MOpen
16 Nov 2022Hdfc Bank Limited₹0.75 MOpen

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How Many Employees Work at Agsar Paints?

Agsar Paints has a workforce of 145 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Agsar Paints Private Limited

Deals i

Graph showing company valuation over time

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

Recent Activity within the Organization

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101036065 was registered on 17 Jan 2025. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101036013 was registered on 17 Jan 2025. was completed.

  • Annual General Meeting

    The activity Agsar Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Hdfc Bank Limited of Rs. 2.85 Cr registered on 03 Jun 2022 with Charge ID 100585836 was modified on 09 May 2024. was completed.

  • Balance Sheet

    Progress on Agsar Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was documented.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100756737 was registered on 31 Jul 2023. was completed.

Frequently Asked Questions

  • What is the CIN of Agsar Paints Private Limited?

    The CIN of Agsar Paints Private Limited is U24222TN1974PTC006522.

  • Where is Agsar Paints Private Limited headquartered?

    Agsar Paints Private Limited is headquartered at 509-A, George Road,Tuticorin-3. Tuticorin-3., Tuticorin-3., Tamil Nadu, 600003.

  • When was Agsar Paints Private Limited incorporated?

    Agsar Paints Private Limited was incorporated on 18 January 1974.

  • Who are the current directors of Agsar Paints Private Limited?

    The current directors of Agsar Paints Private Limited are

  • What is the primary industry of Agsar Paints Private Limited?

    The primary industry of Agsar Paints Private Limited is Manufacturing.

  • Is Agsar Paints Private Limited a listed company?

    Agsar Paints Private Limited is unlisted.

  • What is the capital structure of Agsar Paints Private Limited?

    The authorized capital of Agsar Paints Private Limited is ₹10.00 Cr, and the paid-up capital is ₹7.45 Cr.

  • What is the compliance status of Agsar Paints Private Limited?

    The compliance status of Agsar Paints Private Limited is Compliant.

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