Coastal Paints Limited - Company Profile

It is a manufacturing public limited company based in Andhra Pradesh, Andhra Pradesh, India, established in 1996.
1996 Andhra Pradesh, Andhra Pradesh, India Struck Off
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About Coastal Paints Limited

Coastal Paints Limited, a struck off public limited company, was established on 01 February 1996 in Andhra Pradesh, Andhra Pradesh, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24220AP1996PLC023086. Registered under ROC Roc Vijayawada. it is unlisted. It has an authorized capital of ₹7.50 M and a paid-up capital of ₹6.20 M.

It upholds a active non-compliant status. Its leadership includes Alekhya Annapurna Arumilli (Director), Swarnalatha Arumilli (Director), Veeravenkata Satya Ravindra Merla (Managing Director). Past directors included Thippanna Yellanki, Alekhya Annapurna Arumilli. It holds ₹6.00 M open charges and ₹1.05 Cr settled loans. Its latest AGM occurred on 20 September 2018, with the balance sheet filed on 31 March 2018. It is based at Perdurthy,Visakhapatnam Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 531173.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24220AP1996PLC023086

  • Registration Number

    023086

  • Incorporation Date

    01 February 1996

  • Authorized Capital

    ₹7.50 M

  • Paid-Up Capital

    ₹6.20 M

  • ROC Code

    Roc Vijayawada

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.20 M
  • Company Age 30 Year, 1 Month
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 6.00 M
  • Satisfied Charges ₹ 1.05 Cr
  • Revenue Growth **** 297.31%
  • Profit Growth **** -64.51%
  • Ebitda **** -100.47%
  • Net Worth -21.55%
  • Total Assets -7.13%
Company report

Coastal Paints Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Coastal Paints Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Coastal Paints Limited?
Current Directors
Name Designation Appointment Date Status
Alekhya Annapurna Arumilli Director 03 Jul 2014 Current
Swarnalatha Arumilli Director 24 Mar 1997 Current
Veeravenkata Satya Ravindra Merla Managing Director 01 Feb 1996 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Jul 2014 Past
Pramod Abcsdd Additional Director 30 Sep 2014 Past

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Financial Performance of Coastal Paints.

Coastal Paints Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 297.31% increase. The company also saw a substantial fall in profitability, with a 64.51% decrease in profit. The company's net worth observed a substantial decline by a decrease of 21.55%.

Coastal Paints revenue growth over time
Coastal Paints profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 297.31%
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Revenue from Operations
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Total Assets
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 -7.13%
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Profit or Loss
*******
 -64.51%
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Net Worth
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 -21.55%
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*******
*******
EBITDA
*******
 -100.47%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Coastal Paints?

In 2017, Coastal Paints had a promoter holding of 33.21% and a public holding of 66.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹6,000,000.00

Satisfied Charges

₹10,531,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 0.77 Cr
  • Bank Of India : 0.28 Cr
Latest Charge Details
Date Lender Amount Status
17 Jan 2004 Axis Bank Limited ₹7.70 M Satisfied
29 Oct 2001 Bank Of India ₹2.83 M Satisfied

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How Many Employees Work at Coastal Paints?

Unlock and access historical data on people associated with Coastal Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Coastal Paints, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Coastal Paints's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Coastal Paints
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Coastal Paints Limited last Annual general meeting of members was held on 20 Sep 2018 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Coastal Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Vijayawada. was documented.

  • Director Appointment

    The activity Alekhya Annapurna Arumilli was appointed as a Director was appointed as a Director on 03 Jul 2014 & has been associated with this company since 11 years 8 months . was completed.

  • Charges

    The activity A charge registered on 17 Jan 2004 via Charge ID 90133164 with Axis Bank Limited was fully satisfied on 20 Sep 2012. was completed.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 7.70 M registered on 17 Jan 2004 with Charge ID 90133164 was modified on 20 Feb 2010. was documented.

  • Charges

    The activity A charge registered on 29 Oct 2001 via Charge ID 90132964 with Bank Of India was fully satisfied on 14 Oct 2009. was completed.

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Frequently Asked Questions
What is the CIN of Coastal Paints Limited?

The CIN of Coastal Paints Limited is U24220AP1996PLC023086.

Where is Coastal Paints Limited headquartered?

Coastal Paints Limited is headquartered at Perdurthy,Visakhapatnam Andhra Pradesh, Andhra Pradesh, Andhra Pradesh, 531173.

When was Coastal Paints Limited incorporated?

Coastal Paints Limited was incorporated on 01 February 1996.

Who are the current directors of Coastal Paints Limited?

The current directors of Coastal Paints Limited are

What is the primary industry of Coastal Paints Limited?

The primary industry of Coastal Paints Limited is Manufacturing.

Is Coastal Paints Limited a listed company?

Coastal Paints Limited is unlisted.

What is the capital structure of Coastal Paints Limited?

The authorized capital of Coastal Paints Limited is ₹7.50 M, and the paid-up capital is ₹6.20 M.

What is the compliance status of Coastal Paints Limited?

The compliance status of Coastal Paints Limited is Active Non-Compliant.

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