About Apurva India Private Limited
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Apurva India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Sika India Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the paint and coatings segment of the manufacturing sector. It was incorporated on 29 June 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1995PTC090074. Its GSTIN is 27AACCA0690D1Z2 (Maharashtra). The company held 8 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹7.61 Cr and a paid-up capital of ₹5.3 Cr. It was formerly known as Apurva Buildcare Technologies Limited. It was led by directors including Gunendra Pal Singh and Christian Gartmann.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹41.76 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.15 Cr (net margin 2.7%).
The company had about 44 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹8.04 Cr on record. Court records list 40 cases involving the company, including 33 filed by the company and 7 filed against it; 15 cases are pending. The company has 8 deals on record (6 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹9.69 Cr; the latest was in September 2020. Its 4 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 1 smaller; the largest is Vikma Chemicals & Coatings Pvt Ltd with revenue of ₹44.16 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 50 overdue payments to 11 micro and small suppliers.
The last known website on record is apurvaindia.in.
Company details
Name history
Apurva India has undergone 5 name changes throughout its history. The current legal name is Apurva India Private Limited.
| Company Name | Status |
|---|---|
| Apurva India Private Limited | Current |
| Apurva Buildcare Technologies Limited | Previous |
| Apurva India Limited | Previous |
| Apurva Buildcare Technologies Private Limited | Previous |
| Apurva Buildcare Technologies Limited | Previous |
CIN history
Apurva India has one previous CIN (Corporate Identification Number): U74999MH1995PLC090074. The current CIN is U74999MH1995PTC090074, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999MH1995PTC090074 | Current |
| U74999MH1995PLC090074 | Previous |
Contact details
Apurva India Private Limited's registered office is in Mumbai, Maharashtra. Its website is apurvaindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew Udyog Mandir No 2 Office 203 2nd Floor 7 – C Pitamber Lane, Mahim West India, Mumbai, Maharashtra, India – 400016
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Apurva 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 Apurva India 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 Apurva India Private Limited, buy the company report.
Financials of Apurva India Private Limited
FY 2022 filings availableApurva India Private Limited reported revenue of ₹41.76 Cr (up 25% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.15 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | 2.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Apurva India Private Limited, buy the company report.
Board of directors of Apurva India Private Limited
Apurva India has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunendra Pal Singh | Director | 19 Mar 2020 | 6 Years 7 Months | As last reported |
| Christian Gartmann Also directs: Sika India Private Limited | Director | 26 Jun 2019 | 7 Years 4 Months | As last reported |
| Akshay Maheshwari | Director | 26 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Apurva India Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikma Chemicals & Coatings Pvt Ltd | ₹44.16 Cr (FY 2025) | 8.0% | 24 Paraganas, West Bengal, India | |||
| Metcon Coatings and Chemicals (India) Private Limited | ₹43.83 Cr (FY 2025) | 1.0% | Thane, Maharashtra, India | |||
| Luxture Surface Coatings Private Limited | ₹43.17 Cr (FY 2025) | -8.0% | Ajmer, Rajasthan, India | |||
| Apurva India Private Limitedthis company | ₹41.76 Cr (FY 2022) | ₹1.15 Cr | 2.7% | 25.0% | 44 | Mumbai, Maharashtra, India |
| Gxci Coatings Private Limited | ₹40.71 Cr (FY 2025) | 15.0% | Delhi, India |
To see the full peer comparison of Apurva India Private Limited, buy the company report.
Auditor
Apurva India Private Limited is audited by S R B C & Co. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co. LLP | FY 2021 | 324982E/E300003 |
Shareholding
The shareholding of Apurva India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Apurva India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jun 2006 | 10012861 | Indian Bank | ₹6.75 Cr | Satisfied | |
| 02 Jul 2005 | 80009110 | The Saraswat Co Op Bank Limited | ₹14 Lakh | Satisfied | |
| 29 Jun 2005 | 80009105 | The Saraswat Co Op Bank Limited | ₹6.35 Lakh | Satisfied | |
| 12 Mar 2005 | 80009109 | The Saraswat Co Op Bank Limited | ₹11.43 Lakh | Satisfied | |
| 21 Jul 2004 | 90214113 | The Saraswat Co-Operatiove Bank Ltd | ₹10 Lakh | Satisfied |
To see the full charge records of Apurva India Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Apurva India Private Limited has 8 deals on record (6 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹9.69 Cr; the latest was in September 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Sika India Private Limited , Sika AG Seller: ParexGroup Pte Limited, Parex Group SA |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Sika India Private Limited Seller: 4 individuals |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: ParexGroup Pte Limited Seller: 4 individuals |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Apurva India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Apurva India Private Limited has 40 court cases on record: 33 filed by Apurva India, 7 filed against it. 15 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 6 | 15 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Prosys Buildcare Technologies Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Prosys Buildcare Technologies Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Prosys Buildcare Technologies Private Limited | Disposed |
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by Prosys Buildcare Technologies Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Satya Contracts India Pvt. Ltd. and 2 others | Disposed |
To see the full case history of Apurva India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Apurva India Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 50 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Paradise Packaging Private Limited | |||
| Mitsu Chem Plast Limited | |||
| an individual supplier | |||
| Pax Enterprise Private Limited | |||
| Avs Plast |
To see the full MSME payment records of Apurva India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Apurva India Private Limited has a workforce of 44 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Apurva India has 8 GST registrations: 2 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA0690D1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 23AACCA0690D1ZA | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apurva India Private Limited, buy the company report.
Recent activity
Apurva India Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Gunendra Pal Singh ceased to be Additional Director on 31 Dec 2020.
30 earlier events are in the company report.
Frequently asked questions
Apurva India has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Apurva India was a private limited company based in Mumbai, Maharashtra, India. The company worked in paint and coatings, within the manufacturing industry. It was incorporated on 29 June 1995 and is registered under CIN U74999MH1995PTC090074. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Apurva India was incorporated on 29 June 1995. It is registered with the Registrar of Companies, Mumbai.
Apurva India had 3 directors:
- Gunendra Pal Singh - Director
- Christian Gartmann - Director
- Akshay Maheshwari - Director
The CIN (Corporate Identification Number) of Apurva India is U74999MH1995PTC090074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Apurva India is at New Udyog Mandir No 2 Office 203 2nd Floor 7 – C Pitamber Lane, Mahim West India, Mumbai, Maharashtra, India – 400016.
Apurva India can be reached through the website apurvaindia.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Apurva India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Apurva India is 27AACCA0690D1Z2, registered in Maharashtra. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 23AACCA0690D1ZA (Madhya Pradesh).
Apurva India operated in the manufacturing industry, in the paint and coatings segment.
Apurva India has 8 deals on record (6 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹9.69 Cr; the latest was in September 2020.
The peers of Apurva India by revenue are Vikma Chemicals & Coatings Pvt Ltd, Metcon Coatings and Chemicals (India) Private Limited, Luxture Surface Coatings Private Limited, Gxci Coatings Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).