Jotun India Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 2006.

2006 Mumbai, Maharashtra, India Active

Last Updated: December 22, 2025

About Jotun India Private Limited

Jotun India Private Limited, a active private limited company, was established on 10 March 2006 in Mumbai, Maharashtra, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24224MH2006PTC160431. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹200.00 Cr and a paid-up capital of ₹191.38 Cr.

It upholds a compliant status. Employing 343 professional, Its leadership includes Shashi Kumar Venugopal (Director), Baard Tonning (Director), Martin Ai Leng Chew (Director). Past directors included Anne Kristine Anvik Leach, Sunil Kumar Malik, Richard Roger Chapman. It holds ₹4.65 Cr open charges and ₹35.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Fulcrum A Wing, 601(Ii)/602, Next To Hyatt Regency Sahar Road, Andheri East, Mumbai, Maharashtra, 400099.

Company Details

CIN/LLPIN
U24224MH2006PTC160431
Registration Number
160431
Incorporation Date
10 March 2006
Authorized Capital
₹200.00 Cr
Paid-Up Capital
₹191.38 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 200.00 Cr as on 22-12-2025
Paid Up Capital ₹ 191.38 Cr as on 22-12-2025
Company Age 19 Year, 11 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 4.65 Cr as on 22-12-2025
Satisfied Charges ₹ 35.00 Cr as on 22-12-2025
Revenue Growth **** 16.17% (FY 2023)
Profit Growth **** 141.84% (FY 2023)
Ebitda **** 80.40% (FY 2023)
Net Worth 13.12% (FY 2023)
Total Assets **** 0.87% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Jotun India Private 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 Jotun India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shashi Kumar Venugopal	Director	06 May 2021	Current
Baard Tonning	Director	02 Mar 2013	Current
Martin Ai Leng Chew	Director	01 Jul 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 May 2021	Past
Pramod Abcsdd	Alternate Director	24 Sep 2008	Past
Pramod Abcsdd	Director	22 Nov 2018	Past
Pramod Abcsdd	Additional Director	26 Nov 2021	Past
Pramod Abcsdd	Alternate Director	24 Sep 2008	Past
Pramod Abcsdd	Director	31 Dec 2015	Past

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Financial Performance of Jotun India.

Jotun India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.17% increase. The company also saw a substantial improvement in profitability, with a 141.84% increase in profit. The company's net worth Soared by an impressive increase of 13.12%.

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

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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

********

16.17%

*******

Revenue from Operations

*******

16.26%

*******

Total Assets

*******

0.87%

*******

Profit or Loss

*******

141.84%

*******

Net Worth

*******

13.12%

*******

EBITDA

*******

80.40%

*******

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What is the Ownership and Shareholding Structure of Jotun India?

In 2023, Jotun India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹46,500,000.00

Satisfied Charges

₹350,000,000.00

Charges Breakdown by Lending Institutions

Citi Bank N.A. : 4.58 Cr
Union Bank Of India : 0.07 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Jul 2005	Citi Bank N.A.	₹2.29 Cr	Open
21 Jul 2005	Citi Bank N.A.	₹2.29 Cr	Open
09 Oct 1999	Union Bank Of India	₹0.70 M	Open
04 Aug 2008	Citibank N.A.	₹35.00 Cr	Satisfied

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How Many Employees Work at Jotun India?

Jotun India has a workforce of 343 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Jotun India, 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 Jotun India's trajectory.

Rating

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Alerts

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 Jotun India

Recent Activity within the Organization

Annual General Meeting

Jotun India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

The activity A charge registered on 04 Aug 2008 via Charge ID 10123388 with Citibank N.A. was fully satisfied on 06 May 2025. was completed.
06 May 2025
Balance Sheet

The activity Jotun India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

The activity Martin Ai Leng Chew was appointed as a Director was appointed as a Director on 01 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
01 Jul 2024
Director Appointment

Progress on Drishti Ajay Kagalwala was appointed as a Company Secretary was appointed as a Company Secretary on 10 Oct 2022 & has been associated with this company since 3 years 4 months . was documented.
10 Oct 2022
Director Appointment

Shashi Kumar Venugopal was appointed as a Director was appointed as a Director on 06 May 2021 & has been associated with this company since 4 years 9 months . was recorded as a recent event.
06 May 2021

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