Garware Paints Limited - Company Profile

It is a manufacturing public limited company based in Uttar Pradesh, Uttar Pradesh, India, established in 2001.
2001 Uttar Pradesh, Uttar Pradesh, India Active
Last Updated:
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About Garware Paints Limited

Garware Paints Limited, a active public limited company, was established on 09 November 2001 in Uttar Pradesh, Uttar Pradesh, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24222UP2001PLC026343. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹3.00 M.

Formerly known as Garware Colours Limited. It upholds a compliant status. Its leadership includes Ankur Agarwal (Director), Arvind Kumar Agarwal (Director), Sudha Agarwal (Director). Past directors included Syed Ali Akhter Rizvi. It holds no open charges and ₹1.23 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 123/440Fazal Ganj Kanpur, Uttar Pradesh, Uttar Pradesh.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U24222UP2001PLC026343

  • Registration Number

    026343

  • Incorporation Date

    09 November 2001

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹3.00 M

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 24 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 1.23 Cr
  • Revenue Growth **** -3.09%
  • Profit Growth **** -534.80%
  • Ebitda **** 91.32%
  • Net Worth -188.29%
  • Total Assets **** 14.51%
Company report

Garware Paints Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garware 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 Garware Paints Limited?
Current Directors
Name Designation Appointment Date Status
Ankur Agarwal Director 09 Nov 2001 Current
Arvind Kumar Agarwal Director 09 Nov 2001 Current
Sudha Agarwal Director 09 Nov 2001 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 25 Jan 2013 Past

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Financial Performance of Garware Paints.

Garware Paints Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.09% decrease. The company also saw a substantial fall in profitability, with a 534.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 188.29%.

Garware Paints revenue growth over time
Garware 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
********
 -3.09%
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*******
*******
*******
Revenue from Operations
*******
 -3.43%
*******
*******
*******
*******
Total Assets
*******
 14.51%
*******
*******
*******
*******
Profit or Loss
*******
 -534.80%
*******
*******
*******
*******
Net Worth
*******
 -188.29%
*******
*******
*******
*******
EBITDA
*******
 91.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garware Paints?

In 2021, Garware Paints had a promoter holding of 69.68% and a public holding of 30.32%. 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

₹12,300,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 1.23 Cr
Latest Charge Details
Date Lender Amount Status
13 Feb 2013 Bank Of India ₹2.50 M Satisfied
24 Jul 2003 Bank Of India ₹1.00 M Satisfied
23 May 2002 Bank Of India ₹4.40 M Satisfied
10 May 2002 Bank Of India ₹4.40 M Satisfied

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How Many Employees Work at Garware Paints?

Unlock and access historical data on people associated with Garware 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 Garware 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 Garware 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 Garware Paints
Recent Activity within the Organization
  • Annual General Meeting

    The activity Garware Paints Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Garware Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur. was completed.

  • Charges

    A charge registered on 13 Feb 2013 via Charge ID 10414881 with Bank Of India was fully satisfied on 12 Jun 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with Bank Of India amounted to Rs. 2.50 M with Charge ID 10414881 was registered on 13 Feb 2013. was documented.

  • Charges

    The activity A charge registered on 24 Jul 2003 via Charge ID 90272708 with Bank Of India was fully satisfied on 16 May 2011. was completed.

  • Charges

    Progress on A charge registered on 23 May 2002 via Charge ID 90267965 with Bank Of India was fully satisfied on 16 May 2011. was documented.

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Frequently Asked Questions
What is the CIN of Garware Paints Limited?

The CIN of Garware Paints Limited is U24222UP2001PLC026343.

Where is Garware Paints Limited headquartered?

Garware Paints Limited is headquartered at 123/440Fazal Ganj Kanpur, Uttar Pradesh, Uttar Pradesh.

When was Garware Paints Limited incorporated?

Garware Paints Limited was incorporated on 09 November 2001.

Who are the current directors of Garware Paints Limited?

The current directors of Garware Paints Limited are

What is the primary industry of Garware Paints Limited?

The primary industry of Garware Paints Limited is Manufacturing.

Is Garware Paints Limited a listed company?

Garware Paints Limited is unlisted.

What is the capital structure of Garware Paints Limited?

The authorized capital of Garware Paints Limited is ₹5.00 M, and the paid-up capital is ₹3.00 M.

What is the compliance status of Garware Paints Limited?

The compliance status of Garware Paints Limited is Compliant.

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