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Miracle Coatings Private Limited - Company Profile

It is a manufacturing private limited company based in Nelamangala, Karnataka, India, established in 1980.

1980 | Nelamangala, Karnataka, India | Active
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About Miracle Coatings Private Limited

Miracle Coatings Private Limited, a active private limited company, was established on 20 August 1980 in Nelamangala, Karnataka, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U85110KA1980PTC003907. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.60 Cr and a paid-up capital of ₹1.50 Cr.

Formerly known as Bangalore Paints Limited, Bangalore Paints Private Limited. It upholds a compliant status. Employing 67 professional, Its leadership includes Ratikanta Panda (Director), Rajesh Ramchand Bajaj (Nominee Director), Sanjay Shroff (Director). Past directors included Rajesh Kumar Rai, Shanmugam Sekar, Sheela Bhat. It holds ₹3.58 Cr open charges and ₹2.85 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No.B-128, 5Th Main Kssidc Layout, Industrial Estate, Machon, Ayakanhall, Nelamangala, Karnataka, 562123.

Company Details

  • CIN/LLPIN

    U85110KA1980PTC003907

  • Registration Number

    003907

  • Incorporation Date

    20 August 1980

  • Authorized Capital

    ₹1.60 Cr

  • Paid-Up Capital

    ₹1.50 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.58 Cr
  • Satisfied Charges ₹ 2.85 Cr
  • Revenue Growth 39.05%
  • Profit Growth 29.79%
  • Ebitda 23.12%
  • Net Worth 6.75%
  • Total Assets 11.97%
Company report

Miracle Coatings Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Miracle Coatings 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 Miracle Coatings Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ratikanta PandaDirector28 Jun 2024Current
Rajesh Ramchand BajajNominee Director18 May 2015Current
Sanjay ShroffDirector03 Feb 1987Current
Tarak Bhikhalal MadhaniNominee Director18 May 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector31 Mar 2022Past
Pramod AbcsddDirector29 Jun 2011Past
Pramod AbcsddDirector18 May 2015Past
Pramod AbcsddDirector01 Oct 2010Past
Pramod AbcsddDirector20 Oct 2014Past
Pramod AbcsddDirector14 Apr 2025Past

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Financial Performance of Miracle Coatings.

Miracle Coatings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.05% increase. The company also saw a substantial improvement in profitability, with a 29.79% increase in profit. The company's net worth moved up by a moderate rise of 6.75%.

Miracle Coatings revenue growth over time
Miracle Coatings profit and loss trends over time
  • 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
39.05%
Revenue from Operations
38.53%
Total Assets
11.97%
Profit or Loss
29.79%
Net Worth
6.75%
EBITDA
23.12%

What is the Ownership and Shareholding Structure of Miracle Coatings?

Unlock access to Miracle Coatings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

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Charges (Loans)

Open Charges

₹35,750,000.00

Satisfied Charges

₹28,450,000.00

Charges Breakdown by Lending Institutions

  • Others : 3.50 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2024Others₹3.50 CrOpen
05 Jun 2023Hdfc Bank Limited₹0.75 MOpen
27 Jun 2002Karnataka State Financial Corportion₹4.00 MSatisfied
12 Dec 1995State Bank Of India₹2.40 CrSatisfied
23 Apr 1981State Bank Of India₹0.45 MSatisfied

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How Many Employees Work at Miracle Coatings?

Miracle Coatings has a workforce of 67 employees as of Mar 31, 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 growth trends for Miracle Coatings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miracle Coatings, 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 Miracle Coatings'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

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Latest Updates, News, and FAQs on Miracle Coatings

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Miracle Coatings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Ratikanta Panda was appointed as a Director was appointed as a Director on 28 Jun 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.

  • Balance Sheet

    Progress on Miracle Coatings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    Progress on A charge with Others of Rs. 3.50 Cr registered on 10 Jan 2024 with Charge ID 100858582 was modified on 11 Jan 2024. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100858582 was registered on 10 Jan 2024. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100742228 was registered on 05 Jun 2023. was documented.

Frequently Asked Questions

  • What is the CIN of Miracle Coatings Private Limited?

    The CIN of Miracle Coatings Private Limited is U85110KA1980PTC003907.

  • Where is Miracle Coatings Private Limited headquartered?

    Miracle Coatings Private Limited is headquartered at No.B-128, 5Th Main Kssidc Layout, Industrial Estate, Machon, Ayakanhall, Nelamangala, Karnataka, 562123.

  • When was Miracle Coatings Private Limited incorporated?

    Miracle Coatings Private Limited was incorporated on 20 August 1980.

  • Who are the current directors of Miracle Coatings Private Limited?

    The current directors of Miracle Coatings Private Limited are

  • What is the primary industry of Miracle Coatings Private Limited?

    The primary industry of Miracle Coatings Private Limited is Manufacturing.

  • Is Miracle Coatings Private Limited a listed company?

    Miracle Coatings Private Limited is unlisted.

  • What is the capital structure of Miracle Coatings Private Limited?

    The authorized capital of Miracle Coatings Private Limited is ₹1.60 Cr, and the paid-up capital is ₹1.50 Cr.

  • What is the compliance status of Miracle Coatings Private Limited?

    The compliance status of Miracle Coatings Private Limited is Compliant.

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