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
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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 2025, with the balance sheet filed on 31 March 2025. It is based at 1St Floor, Sastu Sahitya Buliding Swami Akhandanand Marg, Bhadra, Ahmedabad, Gujarat, 380001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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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 Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 64 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Paresh Anandbhai Amin Director 13 Apr 2004 Current
Minal Saran Patel Director 24 Sep 2018 Current
Prashant Anandbhai Amin Director 02 Apr 2004 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Managing Director 25 Sep 2018 Past

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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
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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 215.38%
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Revenue from Operations
*******
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*******
Total Assets
*******
 -6.52%
*******
*******
*******
*******
Profit or Loss
*******
 101.82%
*******
*******
*******
*******
Net Worth
*******
 0.10%
*******
*******
*******
*******
EBITDA
*******
 -14.46%
*******
*******
*******
*******

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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 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

₹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
Date Lender Amount Status
09 Sep 2024 Others ₹4.00 M Open
09 Sep 2024 Others ₹1.50 Cr Open
09 Sep 2024 Others ₹4.00 Cr Open
04 Apr 1985 State Bank Of India ₹1.41 Cr Open
04 Apr 1985 State Bank Of India ₹1.27 Cr Open

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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 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 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.

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

    Comet Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Comet Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • 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.

  • Charges

    The activity A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100996404 was registered on 09 Sep 2024. 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.

  • Director Appointment

    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 5 months . was recorded as a recent event.

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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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