MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0042321
Niranjan Paints Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹5.84 Cr
▲ 6% YoY
Net loss · FY 2022
₹1.05 Cr
Net margin -17.9%
EBITDA · FY 2022
-₹25.17 Lakh
EBITDA margin -4.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.94 Cr
Satisfied ₹21.83 Lakh
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Niranjan Paints Private Limited
Data last updated:
Niranjan Paints Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 25 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2011PTC215283. Its GSTIN is 27AADCN6116G1ZL (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Amrit Narshi Gada and Vinil Amrit Gada.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.84 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -17.9%) and EBITDA of -₹25.17 Lakh (EBITDA margin -4.3%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹3.94 Cr and satisfied charges of ₹21.83 Lakh on record. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 6 cases are pending.
Niranjan Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0042321). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niranjanpaints.com.
Company details
CIN U74900MH2011PTC215283
Registration Number 215283
Incorporation Date 25 March 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0042321
Recognitions & Rankings of Niranjan Paints
Contact details
Niranjan Paints Private Limited's registered office is in Mumbai, Maharashtra. Its website is niranjanpaints.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4/5 Shiv Plaza Lbs Marg Opp. Telephone Exchange Ghatkopar (West, ), Mumbai, Maharashtra, India – 400086
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Niranjan Paints Private Limited, buy the company report.
Comprehensive company report
Niranjan Paints Private 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 Niranjan Paints is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Niranjan Paints Private Limited, buy the company report.
Financials of Niranjan Paints Private Limited
FY 2022 filings availableNiranjan Paints Private Limited reported revenue of ₹5.84 Cr (up 6% YoY) for FY 2022.
Revenue · FY 2022
₹5.84 Cr ▲ 6%
Net loss · FY 2022
₹1.05 Cr margin -17.9%
EBITDA · FY 2022
-₹25.17 Lakh margin -4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 19%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 230%
3 years · compounded
▼ 38%
5 years · compounded
▼ 18%
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 230% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹25.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.3% | ||||
| Net Profit Margin | -17.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Niranjan Paints Private Limited, buy the company report.
Board of directors of Niranjan Paints Private Limited
Niranjan Paints has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrit Narshi Gada Also directs: Bombay Paint Dealers Association (U/S.25) | Director | 25 Mar 2011 | 15 Years 7 Months | Current |
| Vinil Amrit Gada Also directs: Rievera Paints & Coatings LLP, Niranjan Fasteners Private Limited | Director | 25 Mar 2011 | 15 Years 7 Months | Current |
| Shantilal Narshi Gada Also directs: Niranjan Fasteners Private Limited | Director | 25 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Niranjan Paints Private Limited is audited by VISHAL H SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL H SHAH & ASSOCIATES | FY 2020 | 116422W |
Shareholding
The shareholding of Niranjan Paints Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Niranjan Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.94 Cr
Satisfied charges
₹21.83 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2021 | 100504823 | Others | ₹27.95 Lakh | Open | |
| 24 Jul 2020 | 100356777 | Others | ₹44 Lakh | Open | |
| 24 Jul 2020 | 100356778 | Others | ₹22.5 Lakh | Open | |
| 21 Mar 2013 | 10426297 | Others | ₹3 Cr | Open | |
| 02 Feb 2021 | 100448600 | Others | ₹21.83 Lakh | Satisfied |
To see the full charge records of Niranjan Paints Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Niranjan Paints Private Limited has 16 court cases on record: 5 filed by Niranjan Paints, 11 filed against it. 6 cases are pending and 10 are disposed.
Total cases
16
Filed by the company
5
Filed against the company
11
Pending
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 11 | 6 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Aditya Birla Finance Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
To see the full case history of Niranjan Paints 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
No delayed payments to MSME suppliers are on our record for Niranjan Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niranjan Paints has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN6116G1ZL | Maharashtra | Active | 01 Jul 2017 |
| 07AADCN6116G1ZN | Delhi | Active | 18 Aug 2018 |
| 09AADCN6116G1ZJ | Uttar Pradesh | Active | 01 Jul 2021 |
To see the full GST registrations and return filing status of Niranjan Paints Private Limited, buy the company report.
Recent activity
Niranjan Paints Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Amrit Narshi Gada was appointed as Director on 25 Mar 2011.
Charges
A charge registered on 02 Feb 2021 via Charge ID 100448600 with Others was fully satisfied on 10 Aug 2023.
AGM
Niranjan Paints Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Niranjan Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 27.95 Lakh with Charge ID 100504823 was registered on 02 Nov 2021.
Charges
A charge with Others amounted to Rs. 21.83 Lakh with Charge ID 100448600 was registered on 02 Feb 2021.
Charges
A charge with Others amounted to Rs. 44.00 Lakh with Charge ID 100356777 was registered on 24 Jul 2020.
Charges
A charge with Others amounted to Rs. 22.50 Lakh with Charge ID 100356778 was registered on 24 Jul 2020.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 21 Mar 2013 with Charge ID 10426297 was modified on 18 Jul 2017.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 10426297 was registered on 21 Mar 2013.
Appointed
Amrit Narshi Gada was appointed as Director.
Appointed
Shantilal Narshi Gada was appointed as Director.
Appointed
Vinil Amrit Gada was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Niranjan Paints is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 25 March 2011 (15+ years old) and is registered under CIN U74900MH2011PTC215283.
Niranjan Paints has 3 current directors:
- Amrit Narshi Gada - Director
- Vinil Amrit Gada - Director
- Shantilal Narshi Gada - Director
The latest financial statements of Niranjan Paints on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Niranjan Paints is 27AADCN6116G1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AADCN6116G1ZN (Delhi), 09AADCN6116G1ZJ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Niranjan Paints is U74900MH2011PTC215283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niranjan Paints has 16 court cases on record: 5 filed by the company and 11 filed against it. 6 are pending.
Niranjan Paints was incorporated on 25 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Amrit Narshi Gada was appointed as Director on 25 Mar 2011. Shantilal Narshi Gada was appointed as Director on 25 Mar 2011. Vinil Amrit Gada was appointed as Director on 25 Mar 2011.
Yes, Niranjan Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0042321).
Niranjan Paints can be reached through the website niranjanpaints.com. Its registered office is in Mumbai, Maharashtra, India.