Deve Paints Limited Company Logo

Deve Paints Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1937.

1937 | Mumbai, Maharashtra, India | Active
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About Deve Paints Limited

Deve Paints Limited, a active public limited company, was established on 14 December 1937 in Mumbai, Maharashtra, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U99999MH1901PLC002731. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹25.65 Cr and a paid-up capital of ₹6.99 Cr.

It upholds a compliant status. Its leadership includes Sanchitha Vittal Shetty (Director), Umamaheswari (Managing Director), Chinnasamy Ravichandran (Managing Director). Past directors included Jaywant Purushottam Churi, Muthu Minu, Palaniappan Manivelan. It holds no open charges and ₹6.72 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Gc-1,C Wing, Ground Floor, Gundecha Onclave Khairani Rd, Saki Naka,, Andheri(E), Mumbai, Maharashtra, 400072.

Company Details

  • CIN/LLPIN

    U99999MH1901PLC002731

  • Registration Number

    002731

  • Incorporation Date

    14 December 1937

  • Authorized Capital

    ₹25.65 Cr

  • Paid-Up Capital

    ₹6.99 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 25.65 Cr
  • Paid Up Capital ₹ 6.99 Cr
  • Company Age 87 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.72 Cr
  • Revenue Growth %
  • Profit Growth -40.57%
  • Ebitda -47.66%
  • Net Worth -24.27%
  • Total Assets -2.04%
Company report

Deve Paints Limited

Company Report FY 2025-2026

Explore comprehensive insights into Deve 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 Deve Paints Limited?

Current Directors

NameDesignationAppointment DateStatus
Sanchitha Vittal ShettyDirector26 Jul 2021Current
UmamaheswariManaging Director20 Jun 2017Current
Chinnasamy RavichandranManaging Director01 Jan 2009Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector17 Mar 2018Past
Pramod AbcsddDirector26 Jul 2021Past
Pramod AbcsddManaging Director10 May 2021Past
Pramod AbcsddAdditional Director15 May 2015Past
Pramod AbcsddDirector01 Dec 2008Past
Pramod AbcsddAdditional Director17 Mar 2018Past

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Financial Performance of Deve Paints.

Deve Paints Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 40.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.27%.

Deve Paints revenue growth over time
Deve 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
Revenue from Operations
Total Assets
-2.04%
Profit or Loss
-40.57%
Net Worth
-24.27%
EBITDA
-47.66%

What is the Ownership and Shareholding Structure of Deve Paints?

In 2021, Deve Paints had a promoter holding of 92.99% and a public holding of 7.01%. 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

₹0

Satisfied Charges

₹67,177,350.00

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 6.72 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 1990Bank Of Maharashtra₹2.50 CrSatisfied
03 Aug 1989Bank Of Maharashtra₹3.42 CrSatisfied
18 Oct 1988Bank Of Maharashtra₹3.00 MSatisfied
14 Sep 1984Bank Of Maharashtra₹5.00 MSatisfied

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How Many Employees Work at Deve Paints?

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

Employee growth trends for Deve Paints Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Deve 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 Deve 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 Deve Paints

Recent Activity within the Organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    The activity Sanchitha Vittal Shetty was appointed as a Director was appointed as a Director on 26 Jul 2021 & has been associated with this company since 4 years 4 months . was completed.

  • Director Appointment

    The activity Palaniappan Manivelan was appointed as a CEO was appointed as a CEO on 10 May 2021 & has been associated with this company since 4 years 6 months . was completed.

  • Director Appointment

    Umamaheswari was appointed as a Managing Director was appointed as a Managing Director on 20 Jun 2017 & has been associated with this company since 8 years 5 months . was recorded as a recent event.

  • Director Appointment

    Chinnasamy Ravichandran was appointed as a Managing Director was appointed as a Managing Director on 01 Jan 2009 & has been associated with this company since 16 years 10 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Deve Paints Limited?

    The CIN of Deve Paints Limited is U99999MH1901PLC002731.

  • Where is Deve Paints Limited headquartered?

    Deve Paints Limited is headquartered at Gc-1,C Wing, Ground Floor, Gundecha Onclave Khairani Rd, Saki Naka,, Andheri(E), Mumbai, Maharashtra, 400072.

  • When was Deve Paints Limited incorporated?

    Deve Paints Limited was incorporated on 14 December 1937.

  • Who are the current directors of Deve Paints Limited?

    The current directors of Deve Paints Limited are

  • What is the primary industry of Deve Paints Limited?

    The primary industry of Deve Paints Limited is Manufacturing.

  • Is Deve Paints Limited a listed company?

    Deve Paints Limited is unlisted.

  • What is the capital structure of Deve Paints Limited?

    The authorized capital of Deve Paints Limited is ₹25.65 Cr, and the paid-up capital is ₹6.99 Cr.

  • What is the compliance status of Deve Paints Limited?

    The compliance status of Deve Paints Limited is Compliant.

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