- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0182169

About Kupsa Coatings Private Limited
Data last updated:
Kupsa Coatings Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Ndustrias Quimicas Kupsa Sociedad Limitada. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 07 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24114PN2011PTC140091. Its GSTIN is 06AAECK4309H1ZQ (Haryana). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.06 Cr. It is led by directors including Miguel Saenz Herrera and Jose David Palacios Garcia.
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 Gat No. 107 House No. 259 At Post Parandwadi Tal Maval, Pune, Maharashtra, India – 410506.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.29 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹19.8 Lakh (net margin 0.6%) and EBITDA of ₹1.73 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 21% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Kupsa Coatings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0182169). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kupsa.in.
Company details
Recognitions & Rankings of Kupsa Coatings
Contact details
Kupsa Coatings Private Limited's registered office is in Pune, Maharashtra. Its website is kupsa.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No. 107 House No. 259 At Post Parandwadi Tal Maval, Pune, Maharashtra, India – 410506
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Kupsa Coatings 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 Kupsa Coatings 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 Kupsa Coatings Private Limited, buy the company report.
Financials of Kupsa Coatings Private Limited
FY 2025 filings availableKupsa Coatings Private Limited reported revenue of ₹34.29 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 4% growth in the latest year. EBITDA rose 36% 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 | ₹1.73 Cr | ||||
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| Net Profit (PAT) | ₹19.8 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 | 5% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Kupsa Coatings Private Limited, buy the company report.
Board of directors of Kupsa Coatings Private Limited
Kupsa Coatings has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Miguel Saenz Herrera | Director | 14 May 2021 | 5 Years 5 Months | Current |
| Jose David Palacios Garcia | Director | 07 Jul 2011 | 15 Years 4 Months | Current |
| Raut Moreshwar Dattaram | Director | 25 Jul 2024 | 2 Years 3 Months | Current |
| Ajay Jayawant Kowley Also directs: Vipraj Thermoset Pvt Ltd | Director | 07 Jul 2011 | 15 Years 4 Months | Current |
| Ignacio Silva Moreno | Director | 06 Aug 2024 | 2 Years 3 Months | Current |
| Manuel Susin Bercero | Director | 07 Jul 2011 | 15 Years 4 Months | Current |
Peer comparison
Kupsa Coatings Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Monopol Colors India Private Limited | ₹34.59 Cr (FY 2025) | 10.0% | Panvel, Maharashtra, India | |||
| Kupsa Coatings Private Limitedthis company | ₹34.29 Cr (FY 2025) | ₹19.8 Lakh | 0.6% | 4.0% | 45 | Pune, Maharashtra, India |
| Indocem Colours Private Limited | ₹33.87 Cr (FY 2025) | 10.0% | Harohalli, Karnataka, India | |||
| Ecopaints Private Limited | ₹33.66 Cr (FY 2024) | 29.0% | Ahmedabad, Gujarat, India | |||
| P.C.Chanda & Co. Private Limited | ₹33.43 Cr (FY 2025) | -8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Kupsa Coatings Private Limited, buy the company report.
Auditor
Kupsa Coatings Private Limited is audited by MSKA & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Kupsa Coatings 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 Kupsa Coatings Private Limited, buy the company report.
Legal cases
Kupsa Coatings Private Limited has 2 court cases on record: 1 filed by Kupsa Coatings, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| NCLT, Mumbai | Company petition | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Kupsa Coatings 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
Kupsa Coatings Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 473 overdue payments to 63 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sayaji Packaging Private Limited | |||
| Konvertor Packaging Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Soujanya Color Private Limited |
To see the full MSME payment records of Kupsa Coatings Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kupsa Coatings Private Limited has a workforce of 45 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Kupsa Coatings has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECK4309H1ZQ | Haryana | Active | 01 Jul 2017 |
| 08AAECK4309H1ZM | Rajasthan | Active | 01 Jul 2017 |
| 27AAECK4309H1ZM | Maharashtra | Active | 01 Jul 2017 |
| 29AAECK4309H2ZH | Karnataka | Active | 12 Sep 2023 |
To see the full GST registrations and return filing status of Kupsa Coatings Private Limited, buy the company report.
Recent activity
Kupsa Coatings Private Limited has 12 board changes on record since 2011: 6 appointments and 6 cessations. The latest: Ignacio Silva Moreno ceased to be Additional Director on 29 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Kupsa Coatings is an active private limited company based in Pune, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 07 July 2011 (15+ years old) and is registered under CIN U24114PN2011PTC140091.
Kupsa Coatings has 6 current directors:
- Miguel Saenz Herrera - Director
- Jose David Palacios Garcia - Director
- Raut Moreshwar Dattaram - Director
- Ajay Jayawant Kowley - Director
- Ignacio Silva Moreno - Director
- Manuel Susin Bercero - Director
The latest financial statements of Kupsa Coatings 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 2015 are in the company report.
The GSTIN of Kupsa Coatings is 06AAECK4309H1ZQ, registered in Haryana. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAECK4309H1ZM (Rajasthan), 27AAECK4309H1ZM (Maharashtra), 29AAECK4309H2ZH (Karnataka).
The CIN (Corporate Identification Number) of Kupsa Coatings is U24114PN2011PTC140091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kupsa Coatings has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Kupsa Coatings was incorporated on 07 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Kupsa Coatings by revenue are Monopol Colors India Private Limited, Indocem Colours Private Limited, Ecopaints Private Limited, P.C.Chanda & Co. Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Ignacio Silva Moreno ceased to be Additional Director on 29 Sep 2024. Raut Moreshwar Dattaram ceased to be Additional Director on 29 Sep 2024. Ignacio Silva Moreno was appointed as Director on 06 Aug 2024. Kupsa Coatings has 12 board changes on record in total.
Yes, Kupsa Coatings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0182169).
Kupsa Coatings has 8 MSME Form 1 returns on record between 2021 and 2023, listing 473 overdue payments to 63 micro and small suppliers. The latest return was filed on 17 Nov 2023.
Kupsa Coatings can be reached through the website kupsa.in. Its registered office is in Pune, Maharashtra, India.

