MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0002552
Akarsh Paint Private Limited
Akarsh Paint Private Limited - manufacturing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.93 Cr
▲ 5% YoY
Net profit · FY 2024
₹66.89 Lakh
Net margin 5.6%
EBITDA · FY 2024
₹98.07 Lakh
EBITDA margin 8.2%
Authorised capital
₹2.5 Lakh
Registered with MCA
Paid-up capital
₹2.5 Lakh
Issued & subscribed
Open charges
₹54.4 Lakh
Satisfied ₹40 Lakh
Company age
22 yrs
Est. 2004
Directors on board
4
As per MCA filings
About Akarsh Paint Private Limited
Data last updated:
Akarsh Paint Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 10 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24222TZ2004PTC011265. Its GSTIN is 33AAECA9947R1ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Balasubramaniam Padmapriya and Rita Kirit Vora.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9/13 Gandhi Nagar Irugur, Coimbatore, Tamil Nadu, India – 641103.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.93 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹66.89 Lakh (net margin 5.6%) and EBITDA of ₹98.07 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹54.4 Lakh and satisfied charges of ₹40 Lakh on record.
Akarsh Paint Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0002552). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24222TZ2004PTC011265
Registration Number 011265
Incorporation Date 10 August 2004
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0002552
Recognitions & Rankings of Akarsh Paint
Contact details
Akarsh Paint Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered Address9/13 Gandhi Nagar Irugur, Coimbatore, Tamil Nadu, India – 641103
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Akarsh Paint Private Limited, buy the company report.
Comprehensive company report
Akarsh Paint Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Akarsh Paint is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Akarsh Paint Private Limited, buy the company report.
Financials of Akarsh Paint Private Limited
FY 2024 filings availableAkarsh Paint Private Limited reported revenue of ₹11.93 Cr (up 5% YoY) for FY 2024.
Revenue · FY 2024
₹11.93 Cr ▲ 5%
Net profit · FY 2024
₹66.89 Lakh margin 5.6%
EBITDA · FY 2024
₹98.07 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 16%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 20%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 5% growth in the latest year. EBITDA rose 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹98.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Akarsh Paint Private Limited, buy the company report.
Board of directors of Akarsh Paint Private Limited
Akarsh Paint has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balasubramaniam Padmapriya | Director | 10 Aug 2004 | 22 Years 2 Months | Current |
| Rita Kirit Vora | Director | 01 Oct 2022 | 4 Years 0 Months | Current |
| Arpita Hiren Doshi | Director | 29 Sep 2012 | 14 Years 0 Months | Current |
| Krishnamoorthy Sivakumar | Director | 10 Aug 2004 | 22 Years 2 Months | Current |
Auditor
Akarsh Paint Private Limited is audited by A JAYACHANDRAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A JAYACHANDRAN & ASSOCIATES | FY 2023 | 013536S |
Shareholding
The shareholding of Akarsh Paint Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Akarsh Paint Private Limited, buy the company report.
Charges & borrowings
Open charges
₹54.4 Lakh
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Oct 2019 | 100302852 | Hdfc Bank Limited | ₹54.4 Lakh | Open | |
| 13 Feb 2014 | 10482143 | Lakshmi Vilas Bank Limited | ₹40 Lakh | Satisfied |
To see the full charge records of Akarsh Paint Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Akarsh Paint 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 Akarsh Paint Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akarsh Paint has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECA9947R1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Akarsh Paint Private Limited, buy the company report.
Recent activity
Akarsh Paint Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Rita Kirit Vora ceased to be Additional Director on 10 Sep 2023.
AGM
Akarsh Paint Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Akarsh Paint Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Ceased
Rita Kirit Vora ceased to be Additional Director.
Appointed
Rita Kirit Vora was appointed as Director.
Ceased
Kirit Panachand Vora ceased to be Director.
Charges
A charge registered on 13 Feb 2014 via Charge ID 10482143 with Lakshmi Vilas Bank Limited was fully satisfied on 23 Mar 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 54.40 Lakh registered on 05 Oct 2019 with Charge ID 100302852 was modified on 26 Jun 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 54.40 Lakh with Charge ID 100302852 was registered on 05 Oct 2019.
Charges
A charge with Lakshmi Vilas Bank Limited of Rs. 40.00 Lakh registered on 13 Feb 2014 with Charge ID 10482143 was modified on 15 Feb 2014.
Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 10482143 was registered on 13 Feb 2014.
Ceased
Prachi Kirit Vora ceased to be Director.
Appointed
Arpita Hiren Doshi was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Akarsh Paint is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 10 August 2004 (22+ years old) and is registered under CIN U24222TZ2004PTC011265.
Akarsh Paint has 4 current directors:
- Balasubramaniam Padmapriya - Director
- Rita Kirit Vora - Director
- Arpita Hiren Doshi - Director
- Krishnamoorthy Sivakumar - Director
The latest financial statements of Akarsh Paint on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Akarsh Paint is 33AAECA9947R1ZW, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Akarsh Paint is U24222TZ2004PTC011265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akarsh Paint was incorporated on 10 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Coimbatore.
Rita Kirit Vora ceased to be Additional Director on 10 Sep 2023. Rita Kirit Vora was appointed as Director on 01 Oct 2022. Kirit Panachand Vora ceased to be Director on 15 Sep 2022. Akarsh Paint has 7 board changes on record in total.
Yes, Akarsh Paint is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0002552).
The registered office of Akarsh Paint is at 913 Gandhi Nagar Irugur, Coimbatore, Tamil Nadu, India – 641103.
Akarsh Paint operates in the manufacturing industry, in the paint and coatings segment.