- Udyam number
- UDYAM-KR-03-0126454

About Anabha Ventures Private Limited
Data last updated:
Anabha Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 24 January 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24220KA1980PTC003715. Its GSTIN is 29AAACG5035A1Z3 (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Incap Paints Private Limited and Gem Paints Private Limited. It is led by directors Anand Sarup Gandotra and Ashwani Gandotra.
Its last annual general meeting (AGM) was held on 31 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹236.97 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹32.08 Cr (net margin 13.5%) and EBITDA of ₹44.71 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 9% over five years.
The company has about 322 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹6.98 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹194 Cr; the latest was in June 2022.
Anabha Ventures Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0126454). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gem-paints.com.
Company details
Name history
Anabha Ventures has undergone 3 name changes throughout its history. The company was previously known as Incap Paints Private Limited, Gem Paints Private Limited, and Gem Paints Limited. The current legal name is Anabha Ventures Private Limited.
| Company Name | Status |
|---|---|
| Anabha Ventures Private Limited | Current |
| Incap Paints Private Limited | Previous |
| Gem Paints Private Limited | Previous |
| Gem Paints Limited | Previous |
CIN history
Anabha Ventures has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24220KA1980PTC003715, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24220KA1980PTC003715 | Current |
| U85110KA1980PLC003715 | Previous |
| U24220KA1980PLC003715 | Previous |
Recognitions & Rankings of Anabha Ventures
Contact details
Anabha Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is gem-paints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 266 Peenya 2nd Stage, (Herohalli/ Nelagadharanahalli) Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Anabha Ventures 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 Anabha Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Anabha Ventures Private Limited, buy the company report.
Financials of Anabha Ventures Private Limited
FY 2023 filings availableAnabha Ventures Private Limited reported revenue of ₹236.97 Cr (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 11% growth in the latest year. EBITDA rose 3% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹44.71 Cr | ||||
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| Net Profit (PAT) | ₹32.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 18.9% | ||||
| Net Profit Margin | 13.5% | ||||
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To see the full financial statements and ratios of Anabha Ventures Private Limited, buy the company report.
Board of directors of Anabha Ventures Private Limited
Anabha Ventures has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anand Sarup Gandotra | Director | 24 Jan 1980 | 46 Years 9 Months | Current |
| Ashwani Gandotra | Director | 16 May 2005 | 21 Years 5 Months | Current |
Auditor
Anabha Ventures Private Limited is audited by MRNM & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRNM & Co | FY 2023 | 013072S |
Shareholding
The shareholding of Anabha Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Anabha Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 1994 | 90191286 | State Bank of Mysore | ₹2.2 Lakh | Satisfied | |
| 25 Feb 1992 | 80063347 | State Bank of Mysore | ₹38 Lakh | Satisfied | |
| 09 Oct 1991 | 90190844 | State Bank of Mysore | ₹6.5 Cr | Satisfied | |
| 21 Jul 1989 | 90190473 | Canara Bank | ₹3 Lakh | Satisfied | |
| 21 Jul 1989 | 90193476 | Canara Bank | ₹5 Lakh | Satisfied |
To see the full charge records of Anabha Ventures Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Anabha Ventures Private Limited has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹194 Cr; the latest was in June 2022.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: A S Gandotra HUF |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Anabha Ventures Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Anabha Ventures Private Limited has 3 court cases on record: 1 filed by Anabha Ventures, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Manjushree Extrusions Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (A.S.) | Filed against the company by National Highways Authority of India Rep. by Its the Project Director | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Anabha Ventures 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 Anabha Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Anabha Ventures has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gem Paints Private Limited | U24222KA2022PTC160270 |
To see the full group structure of Anabha Ventures Private Limited, buy the company report.
Employees & EPFO
Anabha Ventures Private Limited has a workforce of 322 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Anabha Ventures has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG5035A1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Anabha Ventures Private Limited, buy the company report.
Recent activity
Anabha Ventures Private Limited has 15 board changes on record since 1980: 2 appointments and 13 cessations. The latest: Anand Sarup Gandotra ceased to be Managing Director on 29 Aug 2023.
18 earlier events are in the company report.
Frequently asked questions
Anabha Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 24 January 1980 (46+ years old) and is registered under CIN U24220KA1980PTC003715.
Anabha Ventures has 2 current directors:
- Anand Sarup Gandotra - Director
- Ashwani Gandotra - Director
The latest financial statements of Anabha Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 May 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Anabha Ventures is 29AAACG5035A1Z3, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Anabha Ventures is U24220KA1980PTC003715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Anabha Ventures has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Anabha Ventures was incorporated on 24 January 1980, making it 46+ years old. It is registered with the Registrar of Companies, Bangalore.
Anabha Ventures has 3 deals on record (2 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹194 Cr; the latest was in June 2022.
Anand Sarup Gandotra ceased to be Managing Director on 29 Aug 2023. Ashwani Gandotra ceased to be Whole-Time Director on 29 Aug 2023. Chikmagalur Kalasheety Gopal ceased to be Director on 01 Aug 2023. Anabha Ventures has 15 board changes on record in total.
Yes, Anabha Ventures is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0126454).