Mysore Paints And Varnish Limited - Company Profile

It is a manufacturing public limited state government company based in Mysore, Karnataka, India, established in 1947.
1947 Mysore, Karnataka, India Active
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About Mysore Paints And Varnish Limited

Mysore Paints And Varnish Limited, a active public limited state government company, was established on 04 November 1947 in Mysore, Karnataka, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U51434KA1947SGC000503. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 Cr and a paid-up capital of ₹1.04 Cr.

Formerly known as The Mysore Lac And Paint Works Limited. It upholds a compliant status. Employing 41 professional, Its leadership includes Nanjegowda Shivakumar (Nominee Director), Hatrabailu Anantha Krishna Shobha (Nominee Director), Khazi Mohammed Irfan (Managing Director). Past directors included Raghu Ranganna, Kathi Ratna Prabha, Ranga Ramu Javaraiah. It holds ₹25.56 Cr open charges and no settled loans. Its latest AGM occurred on 27 December 2024, with the balance sheet filed on 31 March 2024. It is based at Thilaknagar Mysore Mysore, Mysore, Karnataka, 570015.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51434KA1947SGC000503

  • Registration Number

    000503

  • Incorporation Date

    04 November 1947

  • Authorized Capital

    ₹1.50 Cr

  • Paid-Up Capital

    ₹1.04 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.04 Cr
  • Company Age 78 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 25.56 Cr
  • Revenue Growth **** -5.60%
  • Profit Growth **** -15.98%
  • Ebitda **** -42.16%
  • Net Worth 4.51%
  • Total Assets -6.05%
Company report

Mysore Paints And Varnish Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mysore Paints And Varnish 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 Mysore Paints And Varnish Limited?
Current Directors
Name Designation Appointment Date Status
Nanjegowda Shivakumar Nominee Director 25 Jan 2024 Current
Hatrabailu Anantha Krishna Shobha Nominee Director 12 Mar 2020 Current
Khazi Mohammed Irfan Managing Director 20 Aug 2025 Current
Halumatha Dasegowda Ganesha Nominee Director 26 Sep 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 22 May 2023 Past
Pramod Abcsdd Nominee Director 24 Nov 2014 Past
Pramod Abcsdd Nominee Director 27 Jul 2009 Past
Pramod Abcsdd Nominee Director 02 Nov 2016 Past
Pramod Abcsdd Nominee Director 25 Jan 2024 Past
Pramod Abcsdd Nominee Director 02 Dec 2015 Past

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Financial Performance of Mysore Paints And Varnish.

Mysore Paints And Varnish Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.6% decrease. The company also saw a substantial fall in profitability, with a 15.98% decrease in profit. The company's net worth moved up by a moderate rise of 4.51%.

Mysore Paints And Varnish revenue growth over time
Mysore Paints And Varnish profit and loss trends over time
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
  • 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
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 -5.60%
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Revenue from Operations
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 -8.91%
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Total Assets
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 -6.05%
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Profit or Loss
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 -15.98%
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Net Worth
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 4.51%
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*******
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EBITDA
*******
 -42.16%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mysore Paints And Varnish?

In 2023, Mysore Paints And Varnish had a promoter holding of 91.39% and a public holding of 8.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹255,600,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Others : 21.06 Cr
  • State Bank Of India : 4.50 Cr
Latest Charge Details
Date Lender Amount Status
08 Jan 2024 Others ₹21.06 Cr Open
08 May 2023 State Bank Of India ₹4.50 Cr Open

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How Many Employees Work at Mysore Paints And Varnish?

Mysore Paints And Varnish has a workforce of 41 employees as of Oct 22, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mysore Paints And Varnish, 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 Mysore Paints And Varnish'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

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 Mysore Paints And Varnish
Recent Activity within the Organization
  • Director Appointment

    The activity Halumatha Dasegowda Ganesha was appointed as a Nominee Director was appointed as a Nominee Director on 26 Sep 2025 & has been associated with this company since 5 months . was completed.

  • Director Appointment

    Progress on Khazi Mohammed Irfan was appointed as a Managing Director was appointed as a Managing Director on 20 Aug 2025 & has been associated with this company since 6 months 7 days . was documented.

  • Annual General Meeting

    Progress on Mysore Paints And Varnish Limited last Annual general meeting of members was held on 27 Dec 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mysore Paints And Varnish Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Nanjegowda Shivakumar was appointed as a Nominee Director was appointed as a Nominee Director on 25 Jan 2024 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 21.06 Cr with Charge ID 100854259 was registered on 08 Jan 2024. was documented.

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Frequently Asked Questions
What is the CIN of Mysore Paints And Varnish Limited?

The CIN of Mysore Paints And Varnish Limited is U51434KA1947SGC000503.

Where is Mysore Paints And Varnish Limited headquartered?

Mysore Paints And Varnish Limited is headquartered at Thilaknagar Mysore Mysore, Mysore, Karnataka, 570015.

When was Mysore Paints And Varnish Limited incorporated?

Mysore Paints And Varnish Limited was incorporated on 04 November 1947.

Who are the current directors of Mysore Paints And Varnish Limited?

The current directors of Mysore Paints And Varnish Limited are

What is the primary industry of Mysore Paints And Varnish Limited?

The primary industry of Mysore Paints And Varnish Limited is Manufacturing.

Is Mysore Paints And Varnish Limited a listed company?

Mysore Paints And Varnish Limited is unlisted.

What is the capital structure of Mysore Paints And Varnish Limited?

The authorized capital of Mysore Paints And Varnish Limited is ₹1.50 Cr, and the paid-up capital is ₹1.04 Cr.

What is the compliance status of Mysore Paints And Varnish Limited?

The compliance status of Mysore Paints And Varnish Limited is Compliant.

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