About Frolic Industries Private Limited
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Frolic Industries Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24100DL2015PTC283809. Its GSTIN is 07AAGCC1479G1ZN (Delhi). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Frolic Paints Private Limited and Krystal Paints Private Limited. It is led by directors Susheel Khera and Sanjay Sibal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 2 Second Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹97.3 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 1.2%) and EBITDA of ₹1.53 Lakh (EBITDA margin 1.6%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 15% over five years.
Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frolicpaints.com.
Company details
Name history
Frolic Industries has undergone 3 name changes throughout its history. The company was previously known as Frolic Paints Private Limited, Krystal Paints Private Limited, and Crystal Chemicals Private Limited. The current legal name is Frolic Industries Private Limited.
| Company Name | Status |
|---|---|
| Frolic Industries Private Limited | Current |
| Frolic Paints Private Limited | Previous |
| Krystal Paints Private Limited | Previous |
| Crystal Chemicals Private Limited | Previous |
Contact details
Frolic Industries Private Limited's registered office is in New Delhi, Delhi. Its website is frolicpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS – 2 Second Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Frolic Industries Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Frolic Industries is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Frolic Industries Private Limited, buy the company report.
Financials of Frolic Industries Private Limited
FY 2025 filings availableFrolic Industries Private Limited reported revenue of ₹97.3 Lakh (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 21% fall in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.53 Lakh | ||||
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| Net Profit (PAT) | ₹1.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Frolic Industries Private Limited, buy the company report.
Board of directors of Frolic Industries Private Limited
Frolic Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Susheel Khera Also directs: Life Corporate Advisors LLP | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Sanjay Sibal Also directs: Green World Paints Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Frolic Industries Private Limited is audited by JAIKRIT MALIK & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIKRIT MALIK & ASSOCIATES | FY 2019 | 024373N |
Shareholding
The shareholding of Frolic Industries Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Frolic Industries Private Limited, buy the company report.
Legal cases
Frolic Industries Private Limited has 13 court cases on record: 11 filed by Frolic Industries, 2 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 4 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed by the company against M/S Jagdamba Plywood and Hardware | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against Jagdamani Traders | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against individuals | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
| District court, South East, Delhi | Civil suit | Filed by the company against M/S Soni Hardware | Disposed |
To see the full case history of Frolic Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frolic Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Frolic Industries has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCC1479G1ZN | Delhi | Active | 31 Jan 2018 |
To see the full GST registrations and return filing status of Frolic Industries Private Limited, buy the company report.
Recent activity
Frolic Industries Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Sanjay Sibal was appointed as Director on 01 Feb 2024.
Frequently asked questions
Frolic Industries is an active private limited company based in New Delhi, Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 August 2015 (11+ years old) and is registered under CIN U24100DL2015PTC283809.
Frolic Industries has 2 current directors:
- Susheel Khera - Director
- Sanjay Sibal - Director
The latest financial statements of Frolic Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Frolic Industries is 07AAGCC1479G1ZN, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Frolic Industries is U24100DL2015PTC283809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frolic Industries has 13 court cases on record: 11 filed by the company and 2 filed against it. 4 are pending. Most are in the district courts.
Frolic Industries was incorporated on 10 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Sanjay Sibal was appointed as Director on 01 Feb 2024. Susheel Khera was appointed as Director on 01 Feb 2024. Sunita Gupta ceased to be Additional Director on 14 Sep 2021. Frolic Industries has 7 board changes on record in total.
Frolic Industries can be reached through the website frolicpaints.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Frolic Industries is at S – 2 Second Floor Okhla Industrial Area Phase – II, New Delhi, Delhi, India – 110020.
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