Comet Paints Private Limited Company Logo

Comet Paints Private Limited - Company Profile

It is a financial services private limited company based in Ahmedabad, Gujarat, India, established in 1961.

1961 | Ahmedabad, Gujarat, India | Active
Last Updated:

About Comet Paints Private Limited

Comet Paints Private Limited, a active private limited company, was established on 16 November 1961 in Ahmedabad, Gujarat, India. Engaging in diversified financial services within the trade sector, it holds CIN: U24220GJ1961PTC001099. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Its leadership includes Paresh Anandbhai Amin (Director), Minal Saran Patel (Director), Prashant Anandbhai Amin (Director). Past directors included Minal Saran Patel, Anand Narshibhai Amin. It holds ₹8.58 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1St Floor, Sastu Sahitya Buliding Swami Akhandanand Marg, Bhadra, Ahmedabad, Gujarat, 380001.

Company Details

  • CIN/LLPIN

    U24220GJ1961PTC001099

  • Registration Number

    001099

  • Incorporation Date

    16 November 1961

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 64 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.58 Cr
  • Revenue Growth 215.38%
  • Profit Growth 101.82%
  • Ebitda -14.46%
  • Net Worth 0.10%
  • Total Assets -6.52%
Company report

Comet Paints Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Comet Paints Private 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 Comet Paints Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Paresh Anandbhai AminDirector13 Apr 2004Current
Minal Saran PatelDirector24 Sep 2018Current
Prashant Anandbhai AminDirector02 Apr 2004Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddManaging Director25 Sep 2018Past

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Financial Performance of Comet Paints.

Comet Paints Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 215.38% increase. The company also saw a substantial improvement in profitability, with a 101.82% increase in profit. The company's net worth moved up by a moderate rise of 0.1%.

Comet Paints revenue growth over time
Comet Paints profit and loss trends over time
  • 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
215.38%
Revenue from Operations
Total Assets
-6.52%
Profit or Loss
101.82%
Net Worth
0.10%
EBITDA
-14.46%

What is the Ownership and Shareholding Structure of Comet Paints?

In 2022, Comet Paints had a promoter holding of 11.91% and a public holding of 88.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹85,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.90 Cr
  • State Bank Of India : 2.68 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2024Others₹4.00 CrOpen
09 Sep 2024Others₹1.50 CrOpen
09 Sep 2024Others₹4.00 MOpen
04 Apr 1985State Bank Of India₹1.27 CrOpen
04 Apr 1985State Bank Of India₹1.41 CrOpen

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How Many Employees Work at Comet Paints?

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

Employee growth trends for Comet Paints Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Comet 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 Comet 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.

Latest Updates, News, and FAQs on Comet Paints

Recent Activity within the Organization

  • Annual General Meeting

    The activity Comet Paints Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100997143 was registered on 09 Sep 2024. was recorded as a recent event.

  • Charges

    A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100996404 was registered on 09 Sep 2024. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100996401 was registered on 09 Sep 2024. was completed.

  • Balance Sheet

    Comet Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Minal Saran Patel was appointed as a Director was appointed as a Director on 24 Sep 2018 & has been associated with this company since 7 years 2 months . was completed.

Frequently Asked Questions

  • What is the CIN of Comet Paints Private Limited?

    The CIN of Comet Paints Private Limited is U24220GJ1961PTC001099.

  • Where is Comet Paints Private Limited headquartered?

    Comet Paints Private Limited is headquartered at 1St Floor, Sastu Sahitya Buliding Swami Akhandanand Marg, Bhadra, Ahmedabad, Gujarat, 380001.

  • When was Comet Paints Private Limited incorporated?

    Comet Paints Private Limited was incorporated on 16 November 1961.

  • Who are the current directors of Comet Paints Private Limited?

    The current directors of Comet Paints Private Limited are

  • What is the primary industry of Comet Paints Private Limited?

    The primary industry of Comet Paints Private Limited is Trade.

  • Is Comet Paints Private Limited a listed company?

    Comet Paints Private Limited is unlisted.

  • What is the capital structure of Comet Paints Private Limited?

    The authorized capital of Comet Paints Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Comet Paints Private Limited?

    The compliance status of Comet Paints Private Limited is Compliant.

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