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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 25.65 Cr
  • Paid Up Capital ₹ 6.99 Cr
  • Company Age 88 Year, 2 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
Sanchitha Vittal Shetty Director 26 Jul 2021 Current
Umamaheswari Managing Director 20 Jun 2017 Current
Chinnasamy Ravichandran Managing Director 01 Jan 2009 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 17 Mar 2018 Past
Pramod Abcsdd Director 26 Jul 2021 Past
Pramod Abcsdd Managing Director 10 May 2021 Past
Pramod Abcsdd Additional Director 15 May 2015 Past
Pramod Abcsdd Director 01 Dec 2008 Past
Pramod Abcsdd Additional Director 17 Mar 2018 Past

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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
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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Revenue from Operations
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*******
*******
*******
*******
*******
Total Assets
*******
 -2.04%
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*******
*******
*******
Profit or Loss
*******
 -40.57%
*******
*******
*******
*******
Net Worth
*******
 -24.27%
*******
*******
*******
*******
EBITDA
*******
 -47.66%
*******
*******
*******
*******

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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 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

₹0

Satisfied Charges

₹67,177,350.00

Charges Breakdown by Lending Institutions
  • Bank Of Maharashtra : 6.72 Cr
Latest Charge Details
Date Lender Amount Status
12 Jul 1990 Bank Of Maharashtra ₹2.50 Cr Satisfied
03 Aug 1989 Bank Of Maharashtra ₹3.42 Cr Satisfied
18 Oct 1988 Bank Of Maharashtra ₹3.00 M Satisfied
14 Sep 1984 Bank Of Maharashtra ₹5.00 M Satisfied

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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 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 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.

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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

    Progress on Deve Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    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 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on 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 9 months . was documented.

  • Director Appointment

    Progress on 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 7 months . was documented.

  • 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 17 years 1 month . was recorded as a recent event.

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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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