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 8 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.
Company details
Contact details
Asona Paints Stratum Private Limited's registered office is in Mumbai, Maharashtra. Its website is asonaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- 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
To see the full contact details of Asona Paints Stratum 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
Financials of Asona Paints Stratum Private Limited
FY 2025 filings availableAsona Paints Stratum Private Limited reported revenue of ₹34.91 Lakh (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19.56 Lakh | ||||
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| Net Profit (PAT) | ₹13.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56% | ||||
| Net Profit Margin | 39.8% | ||||
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To see the full financial statements and ratios of Asona Paints Stratum Private Limited, buy the company report.
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
Asona Paints Stratum Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company.
| 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 Limitedthis company | ₹34.91 Lakh (FY 2025) | ₹13.89 Lakh | 39.8% | 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 |
To see the full peer comparison of Asona Paints Stratum Private Limited, buy the company report.
Auditor
Asona Paints Stratum Private Limited is audited by K.M.SHAH& ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.M.SHAH& ASSOCIATES | FY 2017 | 109636W |
Shareholding
The shareholding of Asona Paints Stratum Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asona Paints Stratum Private Limited, buy the company report.
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Asona Paints Stratum Private Limited has 12 court cases on record: 4 filed by Asona Paints Stratum, 8 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 7 | 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 | Original application | Filed against the company by Ami Gurukrupa Housing Development Pvt. Ltd. and 1 other | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against M/S. Ami Gurukrupa Housing Development Pvt. Ltd. and 1 other | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company | Pending |
To see the full case history of Asona Paints Stratum 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
No delayed payments to MSME suppliers are on our record for Asona Paints Stratum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asona Paints Stratum Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Suresh Amulakhbhai Valani - Director
- Nemish Dhanvantrai Sheth - Director
The latest financial statements of Asona Paints Stratum on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
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 8 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.
Asona Paints Stratum can be reached through the website asonaindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Asona Paints Stratum is at 770 Om Sai Pragati Co – Op. Hsg. Soc. Ltd. Mhb Colony Mahavir Nagar Kandivali We, St, Mumbai, Maharashtra, India – 400067.