About Asona Paints Stratum Private Limited
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Asona Paints Stratum Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 06 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24296MH2012PTC227748.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.4 Cr. It is led by directors Suresh Amulakhbhai Valani and Nemish Dhanvantrai Sheth.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.91 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹13.89 Lakh (net margin 39.8%) and EBITDA of ₹19.56 Lakh (EBITDA margin 56%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 7% over five years.
Court records list 12 cases involving the company, including 4 filed by the company and 2 filed against it; 5 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2012. Its 10 peer companies in the Manufacturing industry (Paints) are compared by revenue, 5 larger and 5 smaller; the largest is Future Paints Private Limited with revenue of ₹35.91 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asonaindia.com.
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- Registered Address7/70 Om Sai Pragati Co – Op. Hsg. Soc. Ltd. Mhb Colony Mahavir Nagar Kandivali (We, St), Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Paint & Coatings
- 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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Financials of Asona Paints Stratum Private Limited FY 2025 filings available
Asona Paints Stratum Private Limited reported revenue of ₹34.91 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asona Paints Stratum Private Limited
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 22% 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 of Asona Paints Stratum Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹19.56 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.89 Lakh | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Asona Paints Stratum Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 39.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asona Paints Stratum are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Asona Paints Stratum Private Limited
Asona Paints Stratum has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Amulakhbhai Valani Also directs: Purna Hotels Private Limited | Director | 06 Mar 2012 | 14 Years 7 Months | Current |
| Nemish Dhanvantrai Sheth | Director | 06 Mar 2012 | 14 Years 7 Months | Current |
Peer Comparison of Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Future Paints Private Limited | ₹35.91 Lakh (FY 2024) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| JKSH Green Power Private Limited | ₹35.68 Lakh (FY 2025) | •••• | •••• | 1044.0% | •••• | Amritsar, Punjab, India |
| JC Colours and Paints Private Limited | ₹35.57 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Attractive Paints & Chemicals Pvt Ltd | ₹35.42 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Kolkata, West Bengal, India |
| Ora Paints and Chemicals Private Limited | ₹35.29 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
| Asona Paints Stratum Private Limited this company | ₹34.91 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Paints Kala Private Limited | ₹34.72 Lakh (FY 2024) | •••• | •••• | 273.0% | •••• | New Delhi, Delhi, India |
| Origon Paints Pvt Ltd | ₹33.97 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Silicon Paints India Private Limited | ₹33.72 Lakh (FY 2024) | •••• | •••• | 8.0% | •••• | Silvassa, Dadra and Nagar Haveli, India |
| Krisha Paints and Chemicals Private Limited | ₹33.5 Lakh (FY 2025) | •••• | •••• | -49.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Amaron Paints Private Limited | ₹31.78 Lakh (FY 2024) | •••• | •••• | -22.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Asona Paints Stratum by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited is audited by K.M.SHAH& ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.M.SHAH& ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asona Paints Stratum Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹3 Cr | Investors: Emporis Projects Limited , Speciality Papers Limited , Secunderabad Health Care Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited has 12 court cases on record: 4 filed by Asona Paints Stratum, 2 filed against it, 6 where it is another party. 5 cases are pending and 7 are disposed. Status as checked between 30 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 4 |
| District courts | 3 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Amigurukrupa Housing Development Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Original application | Filed against the company by Amigurukrupa Housing Development Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Pending |
| Bombay High Court | Court case (COMSS) | Company is another party | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Asona Paints Stratum Private Limited
Employment history and EPFO contributions of people linked to Asona Paints Stratum.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asona Paints Stratum Private Limited
Asona Paints Stratum Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Nemish Dhanvantrai Sheth was appointed as Director on 06 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Asona Paints Stratum Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asona Paints Stratum Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asona Paints Stratum Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asona Paints Stratum Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asona Paints Stratum Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asona Paints Stratum Private Limited
Asona Paints Stratum is an active private limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 06 March 2012 (14+ years old) and is registered under CIN U24296MH2012PTC227748.
Asona Paints Stratum reported revenue of ₹34.91 Lakh for FY 2025 (up 3% YoY).
Asona Paints Stratum has 2 current directors:
- Suresh Amulakhbhai Valani - Director
- Nemish Dhanvantrai Sheth - Director
Asona Paints Stratum reported a net profit of ₹13.89 Lakh (net margin 39.8%) and EBITDA of ₹19.56 Lakh (EBITDA margin 56%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asona Paints Stratum is -5% over three years and -7% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Asona Paints Stratum is U24296MH2012PTC227748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asona Paints Stratum has 12 court cases on record: 4 filed by the company and 2 filed against it. 5 are pending. Most are in the high courts.
Asona Paints Stratum was incorporated on 06 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Asona Paints Stratum has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in March 2012.
The peers of Asona Paints Stratum by revenue are Future Paints Private Limited, JKSH Green Power Private Limited, JC Colours and Paints Private Limited, Attractive Paints & Chemicals Pvt Ltd, Ora Paints and Chemicals Private Limited and 5 more, all in the Manufacturing industry (Paints).
Nemish Dhanvantrai Sheth was appointed as Director on 06 Mar 2012. Suresh Amulakhbhai Valani was appointed as Director on 06 Mar 2012.