Startup India Government of India
Aneel Coating and Polymers Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.36 Cr
▼ 16% YoY
Net profit · FY 2024
₹7.77 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹19.16 Lakh
EBITDA margin 3.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹55 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Aneel Coating and Polymers Private Limited
Data last updated:
Aneel Coating and Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 27 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24304KA2019PTC124673. Its GSTIN is 29AASCA3344A1ZR (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55 Lakh. It is led by directors Dasa Nagaraja Anilkumara and Dasa Anilkumar Ashwini.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.36 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹7.77 Lakh (net margin 1.4%) and EBITDA of ₹19.16 Lakh (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company is associated with 1 brand: Aneel Coating and Polymers. As per MCA filings, the company has open charges of ₹1 Cr on record.
Aneel Coating and Polymers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0086082). For more details, the company can be reached via its website aneelpolymers.com.
Company details
CIN U24304KA2019PTC124673
Registration Number 124673
Incorporation Date 27 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0086082
Recognitions & Rankings of Aneel Coating and Polymers
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0086082
Contact details
Aneel Coating and Polymers Private Limited's registered office is in Bangalore, Karnataka. Its website is aneelpolymers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSite No 2& 2A Assessment No. 84, Rto Office Road Singanayakanahalli Village, Bangalore, Karnataka, India – 560064
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Aneel Coating and Polymers Private Limited, buy the company report.
Comprehensive company report
Aneel Coating and Polymers 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
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Brands
Aneel Coating and Polymers operates one associated brand: Aneel Coating and Polymers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying adhesives, coatings, and sealants for paper, packaging, woodworking, and industrial sectors. | aneelpolymers.com |
Business activity
The main business activity of Aneel Coating and Polymers is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Aneel Coating and Polymers Private Limited, buy the company report.
Financials of Aneel Coating and Polymers Private Limited
FY 2025 filings availableAneel Coating and Polymers Private Limited reported revenue of ₹5.36 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹5.36 Cr ▼ 16%
Net profit · FY 2024
₹7.77 Lakh margin 1.4%
EBITDA · FY 2024
₹19.16 Lakh margin 3.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▲ 45%
Revenue fell 16% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 25% 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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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹19.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 3.6% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 Aneel Coating and Polymers Private Limited, buy the company report.
Board of directors of Aneel Coating and Polymers Private Limited
Aneel Coating and Polymers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dasa Nagaraja Anilkumara Also directs: Srivasavi Adhesive Tapes Limited | Director | 27 May 2019 | 7 Years 5 Months | Current |
| Dasa Anilkumar Ashwini | Director | 27 May 2019 | 7 Years 5 Months | Current |
Auditor
Aneel Coating and Polymers Private Limited is audited by CSMR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CSMR & ASSOCIATES | FY 2023 | 01016S |
Shareholding
The shareholding of Aneel Coating and Polymers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aneel Coating and Polymers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2021 | 100474863 | Others | ₹1 Cr | Open |
To see the full charge records of Aneel Coating and Polymers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aneel Coating and Polymers 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 Aneel Coating and Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aneel Coating and Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCA3344A1ZR | Karnataka | Active | 07 Jul 2019 |
To see the full GST registrations and return filing status of Aneel Coating and Polymers Private Limited, buy the company report.
Recent activity
Aneel Coating and Polymers Private Limited has 10 board changes on record since 2019: 6 appointments and 4 cessations. The latest: Balla ceased to be Managing Director on 10 Sep 2025.
AGM
Aneel Coating And Polymers Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Balla ceased to be Managing Director.
Ceased
Koratagere Nagarajasetty Rathnamma ceased to be Director.
Ceased
Madhusudan Venugopalchar ceased to be Director.
Filing
Aneel Coating And Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 1.00 Cr registered on 06 Aug 2021 with Charge ID 100474863 was modified on 29 Nov 2023.
Ceased
Makam Suresh Adarsh ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100474863 was registered on 06 Aug 2021.
Appointed
Koratagere Nagarajasetty Rathnamma was appointed as Director.
Appointed
Makam Suresh Adarsh was appointed as Director.
Appointed
Balla was appointed as Managing Director.
Appointed
Madhusudan Venugopalchar was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Aneel Coating and Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 27 May 2019 (7+ years old) and is registered under CIN U24304KA2019PTC124673.
Aneel Coating and Polymers has 2 current directors:
- Dasa Nagaraja Anilkumara - Director
- Dasa Anilkumar Ashwini - Director
The latest financial statements of Aneel Coating and Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Aneel Coating and Polymers is 29AASCA3344A1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Aneel Coating and Polymers is U24304KA2019PTC124673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aneel Coating and Polymers was incorporated on 27 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Balla ceased to be Managing Director on 10 Sep 2025. Koratagere Nagarajasetty Rathnamma ceased to be Director on 10 Sep 2025. Madhusudan Venugopalchar ceased to be Director on 10 Sep 2025. Aneel Coating and Polymers has 10 board changes on record in total.
Yes, Aneel Coating and Polymers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aneel Coating and Polymers is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0086082).
Aneel Coating and Polymers can be reached through the website aneelpolymers.com. Its registered office is in Bangalore, Karnataka, India.
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