India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #412 Raghavpat Singhania ₹9,000 Cr
- #412 Madhavkrishna Singhania ₹9,000 Cr
Revenue · FY 2025
₹264.2 Cr
▲ 42% YoY
Net loss · FY 2025
₹57.21 Cr
Net margin -21.7%
EBITDA · FY 2025
-₹38.82 Cr
EBITDA margin -14.7%
Authorised capital
₹536 Cr
Registered with MCA
Paid-up capital
₹445.4 Cr
Issued & subscribed
Open charges
₹9 Lakh
Satisfied ₹9 Lakh
Company age
4 yrs
Est. 2022
Employees · EPFO
13
Provident fund records
About JK Maxx Paints Limited
Data last updated:
JK Maxx Paints Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 13 April 2022.
Its director Raghavpat Singhania is #412 among India's richest people (2026). Its director Madhavkrishna Singhania is #412 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U24299UP2022PLC162390. Its GSTIN is 09AAFCJ5713R1ZX (Uttar Pradesh). The company holds 12 GST registrations, all of them active.
The company has an authorised share capital of ₹536 Cr and a paid-up capital of ₹445.4 Cr. It was formerly known as Jk Paints and Coatings Limited and Jk Maxx Paint Limited. It is led by directors including Raghavpat Singhania (Managing Director) and Ajay Kumar Saraogi.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 29/1 Kamla Tower Dwarikadheesh Road, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2025, the company reported a revenue of ₹264.2 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net loss of ₹57.21 Cr (net margin -21.7%) and EBITDA of -₹38.82 Cr (EBITDA margin -14.7%).
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹9 Lakh and satisfied charges of ₹9 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in August 2022. Its 5 peer companies in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 1 smaller; the largest is Berger Nippon Paint Automotive Coatings Private Limited with revenue of ₹376.73 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jkmaxxpaints.com.
Company details
CIN U24299UP2022PLC162390
Registration Number 162390
Incorporation Date 13 April 2022
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
JK Maxx Paints has undergone 3 name changes throughout its history. The company was previously known as Jk Paints And Coatings Limited, Jk Maxx Paint Limited, and Jk Paints And Coating Limited. The current legal name is Jk Maxx Paints Limited.
| Company Name | Status |
|---|---|
| JK Maxx Paints Limited | Current |
| Jk Paints And Coatings Limited | Previous |
| Jk Maxx Paint Limited | Previous |
| Jk Paints And Coating Limited | Previous |
Key People
Raghavpat Singhania Managing Director Ajay Kumar Saraogi Director Nidhipati Singhania Director Recognitions & Rankings of JK Maxx Paints
Contact details
JK Maxx Paints Limited's registered office is in Kanpur, Uttar Pradesh. Its website is jkmaxxpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29/1 Kamla Tower Dwarikadheesh Road, Kanpur, Uttar Pradesh, India – 208001
- IndustryManufacturing, Paint & Coatings
To see the full contact details of JK Maxx Paints Limited, buy the company report.
Comprehensive company report
JK Maxx Paints Limited - one report that includes everything
- 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
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Business activity
The main business activity of JK Maxx Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of JK Maxx Paints Limited, buy the company report.
Financials of JK Maxx Paints Limited
FY 2025 filings availableJK Maxx Paints Limited reported revenue of ₹264.2 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹264.2 Cr ▲ 42%
Net loss · FY 2025
₹57.21 Cr margin -21.7%
EBITDA · FY 2025
-₹38.82 Cr margin -14.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
EBITDA CAGR growth
1 year
▼ 168%
Revenue rose 42% in the latest year. EBITDA fell 168% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹38.82 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹57.21 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -14.7% | ||
| Net Profit Margin | -21.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of JK Maxx Paints Limited, buy the company report.
Board of directors and KMP of JK Maxx Paints Limited
JK Maxx Paints Limited currently reports 7 directors and 1 key managerial person. 2 former directors have served the organization.
Current Directors and KMP
Showing 6 of 8 current directors and KMP. View all directors and KMP
Peer comparison
JK Maxx Paints Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Berger Nippon Paint Automotive Coatings Private Limited | ₹376.73 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Grand Polycoats Company Private Limited | ₹328.41 Cr (FY 2025) | 6.0% | Vadodara, Gujarat, India | |||
| Berger Becker Coatings Private Limited | ₹316.49 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Kamdhenu Colour and Coatings Limited | ₹266.56 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| JK Maxx Paints Limitedthis company | ₹264.2 Cr (FY 2025) | -₹57.21 Cr | -21.7% | 42.0% | Kanpur, Uttar Pradesh, India | |
| Hempel Paints (India) Private Limited | ₹232.01 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of JK Maxx Paints Limited, buy the company report.
Auditor
JK Maxx Paints Limited is audited by Gupta Vaish & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gupta Vaish & Co. | FY 2023 | 005087C |
Shareholding
The shareholding of JK Maxx Paints Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of JK Maxx Paints Limited, buy the company report.
Charges & borrowings
Open charges
₹9 Lakh
Satisfied charges
₹9 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2021 | 100499626 | Canara Bank | ₹9 Lakh | Satisfied |
To see the full charge records of JK Maxx Paints Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
JK Maxx Paints Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in August 2022.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹10 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹5 Cr | Investors: J. K. Cement Limited. |
| Jun 2022 | Funding round | ₹10 Cr | Investors: J. K. Cement Limited. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JK Maxx Paints Limited has 2 court cases on record: 2 filed by JK Maxx Paints. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, West, Delhi | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of JK Maxx Paints 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 JK Maxx Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
JK Maxx Paints has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Acro Paints Limited | U24119DL1989PLC036308 |
To see the full group structure of JK Maxx Paints Limited, buy the company report.
GST
JK Maxx Paints has 12 GST registrations: 12 active. The first 4 active GSTINs are listed below.
Total GSTINs
12
Active
12
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAFCJ5713R1ZX | Uttar Pradesh | Active | 05 May 2022 |
| 09AAFCJ5713R2ZW | Uttar Pradesh | Active | 08 Jun 2022 |
| 08AAFCJ5713R1ZZ | Rajasthan | Active | 06 Apr 2023 |
| 01AAFCJ5713R1ZD | Jammu and Kashmir | Active | 03 May 2024 |
To see the full GST registrations and return filing status of JK Maxx Paints Limited, buy the company report.
Recent activity
JK Maxx Paints Limited has 12 board changes on record since 2022: 10 appointments and 2 cessations. The latest: Prabhat Srivastava was appointed as Company Secretary on 22 Jan 2026.
Appointed
Prabhat Srivastava was appointed as Company Secretary.
Ceased
Shambhu Singh ceased to be Company Secretary.
AGM
Jk Maxx Paints Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Jk Maxx Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Charges
A charge registered on 21 Oct 2021 via Charge ID 100499626 with Canara Bank was fully satisfied on 12 Nov 2024.
Appointed
Vidhi Nidhipati Singhania was appointed as Director.
Appointed
Ashok Kumar Sharma was appointed as Director.
Appointed
Shivhari Jamnadhar Agarwal was appointed as Director.
Ceased
Krishna Behari Agarwal ceased to be Director.
Appointed
Shambhu Singh was appointed as Company Secretary.
Appointed
Ajay Kumar Saraogi was appointed as Director.
Appointed
Krishna Behari Agarwal was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
JK Maxx Paints is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 13 April 2022 (4+ years old) and is registered under CIN U24299UP2022PLC162390.
JK Maxx Paints has 8 current directors and KMP:
- Raghavpat Singhania - Managing Director
- Ajay Kumar Saraogi - Director
- Nidhipati Singhania - Director
- Madhavkrishna Singhania - Director
- Shivhari Jamnadhar Agarwal - Director
- Ashok Kumar Sharma - Director
- Vidhi Nidhipati Singhania - Director
- Prabhat Srivastava - Company Secretary
The latest financial statements of JK Maxx Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of JK Maxx Paints is 09AAFCJ5713R1ZX, registered in Uttar Pradesh. The company has 12 GST registrations in all, of which 12 are active. Other active GSTINs include 09AAFCJ5713R2ZW (Uttar Pradesh), 08AAFCJ5713R1ZZ (Rajasthan), 01AAFCJ5713R1ZD (Jammu and Kashmir).
The CIN (Corporate Identification Number) of JK Maxx Paints is U24299UP2022PLC162390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JK Maxx Paints has 2 court cases on record: 2 filed by the company. 2 are pending.
JK Maxx Paints was incorporated on 13 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Kanpur.
JK Maxx Paints has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹10 Cr; the latest was in August 2022.
The peers of JK Maxx Paints by revenue are Berger Nippon Paint Automotive Coatings Private Limited, Grand Polycoats Company Private Limited, Berger Becker Coatings Private Limited, Kamdhenu Colour and Coatings Limited, Hempel Paints (India) Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Prabhat Srivastava was appointed as Company Secretary on 22 Jan 2026. Shambhu Singh ceased to be Company Secretary on 01 Nov 2025. Vidhi Nidhipati Singhania was appointed as Director on 30 Apr 2024. JK Maxx Paints has 12 board changes on record in total.
JK Maxx Paints can be reached through the website jkmaxxpaints.com. Its registered office is in Kanpur, Uttar Pradesh, India.
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