- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0029599

About N.R. Colours Limited
Data last updated:
N.R. Colours Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 26 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH1994PLC081437. Its GSTIN is 27AADCN3204F1ZW (Maharashtra). The company holds 8 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.08 Cr. It was formerly known as Gaylord Securities Private Limited and Sony Securities Limited. It is led by directors including Shreeya Nirav Raveshia (Whole-Time Director) and Nirav Jashwant Raveshia (Whole-Time Director).
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 202 – A Flying Colors Pandit Dindayal Upadhyay Marg L.B.S Cross Road Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.84 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹3.17 Cr (net margin 4.1%) and EBITDA of ₹6.18 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: N R Colours Limited. As per MCA filings, the company has open charges of ₹30.89 Cr and satisfied charges of ₹33.03 Cr on record. Court records list 51 cases involving the company, including 46 filed by the company and 5 filed against it; 3 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.48 Cr; the latest was in October 2011. The company has 5 MSME Form 1 returns on record between 2019 and 2024, listing 111 overdue payments to 33 micro and small suppliers.
N.R. Colours Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0029599). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nrc.co.in.
Company details
Name history
N.R. Colours has undergone 3 name changes throughout its history. The company was previously known as Gaylord Securities Private Limited, Sony Securities Limited, and Soni Securities Limited. The current legal name is N.R. Colours Limited.
| Company Name | Status |
|---|---|
| N.R. Colours Limited | Current |
| Gaylord Securities Private Limited | Previous |
| Sony Securities Limited | Previous |
| Soni Securities Limited | Previous |
CIN history
N.R. Colours has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24233MH1994PLC081437, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24233MH1994PLC081437 | Current |
| L67120MH1994PLC081437 | Previous |
| U67120MH1994PLC081437 | Previous |
Recognitions & Rankings of N.R. Colours
Contact details
N.R. Colours Limited's registered office is in Mumbai, Maharashtra. Its website is nrc.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address202 – A Flying Colors Pandit Dindayal Upadhyay Marg L.B.S Cross Road Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryManufacturing, Paint & Coatings, Plastic & Resins
To see the full contact details of N.R. Colours 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
Brands
N.R. Colours operates one associated brand: N R Colours Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and distribution of surface coatings, colourants, and chemicals in India. | nrc.co.in |
Business activity
The main business activities of N.R. Colours are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of N.R. Colours Limited, buy the company report.
Financials of N.R. Colours Limited
FY 2025 filings availableN.R. Colours Limited reported revenue of ₹77.84 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 24% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of N.R. Colours Limited, buy the company report.
Board of directors of N.R. Colours Limited
N.R. Colours has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreeya Nirav Raveshia | Whole-Time Director | 01 Nov 2018 | 7 Years 11 Months | Current |
| Nirav Jashwant Raveshia | Whole-Time Director | 19 Jan 2010 | 16 Years 9 Months | Current |
| Shilpa Nirav Raveshia Also directs: Indian Small Scale Paint Association, Swar Exim Private Limited | Director | 19 Jan 2010 | 16 Years 9 Months | Current |
| Swar Nirav Raveshia Also directs: Swar Exim Private Limited | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
Auditor
N.R. Colours Limited is audited by SVKB & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SVKB & Associates | FY 2023 | 106472W |
Shareholding
The shareholding of N.R. Colours 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 N.R. Colours Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2021 | 100477030 | Others | ₹1.09 Cr | Open | |
| 01 Jul 2020 | 100346720 | Others | ₹29.8 Cr | Open | |
| 03 Mar 2022 | 100541106 | Sidbi | ₹73 Lakh | Satisfied | |
| 31 Dec 2011 | 10331770 | Others | ₹16.5 Cr | Satisfied | |
| 31 Dec 2011 | 10331772 | Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of N.R. Colours Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
N.R. Colours Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.48 Cr; the latest was in October 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2011 | Funding round | ₹6.48 Cr | Investors: Swar Exim Private Limited , 3 individuals |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Swar Exim Private Limited , 3 individuals Seller: 4 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Swar Exim Private Limited , an individual Seller: Eco Recycling Limited , First Online Comtrade Private Limited, 2 individuals |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: B K Soni HUF, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
N.R. Colours Limited has 51 court cases on record: 46 filed by N.R. Colours, 5 filed against it. 3 cases are pending and 48 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 3 | 0 |
| High courts | 6 | 2 | 3 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (CR.A) | Filed by the company against Protect Construction Chemicals Pvt.Ltd and 3 others | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Protect Construction Chemicals Pvt Ltd and 2 others | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against Ms. Fortune Paints Pvt Ltd | Disposed |
| Madras High Court | Appeal | Filed against the company by Commissioner of Customs | Pending |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Commissioner of Customs | Pending |
To see the full case history of N.R. Colours 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.
Credit ratings & regulatory alerts
N.R. Colours Limited was last rated by Crisil on 12 Jul 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Jul 2016 |
To see the full credit ratings and regulatory alerts of N.R. Colours Limited, buy the company report.
MSME payment delays
N.R. Colours Limited has 5 MSME Form 1 returns on record between 2019 and 2024, listing 111 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jyoti Global Plast Limited | |||
| Micas Organics Limited | |||
| K K Enterprises | |||
| RP Print and Export India Private Limited | |||
| R.Nagardas |
To see the full MSME payment records of N.R. Colours Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
N.R. Colours Limited has a workforce of 52 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
N.R. Colours has 8 GST registrations: 3 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN3204F1ZW | Maharashtra | Active | 01 Jul 2017 |
| 24AADCN3204F2Z1 | Gujarat | Active | 01 Jul 2017 |
| 33AADCN3204F1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of N.R. Colours Limited, buy the company report.
Recent activity
N.R. Colours Limited has 10 board changes on record since 2010: 4 appointments and 6 cessations. The latest: Manav Pradip Khakhar ceased to be Whole-Time Director on 10 Oct 2022.
38 earlier events are in the company report.
Frequently asked questions
N.R. Colours is an active public limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 26 September 1994 (32+ years old) and is registered under CIN U24233MH1994PLC081437.
N.R. Colours has 4 current directors:
- Shreeya Nirav Raveshia - Whole-Time Director
- Nirav Jashwant Raveshia - Whole-Time Director
- Shilpa Nirav Raveshia - Director
- Swar Nirav Raveshia - Director
The latest financial statements of N.R. Colours 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 N.R. Colours is 27AADCN3204F1ZW, registered in Maharashtra. The company has 8 GST registrations in all, of which 3 are active and 5 are cancelled or inactive. Other active GSTINs include 24AADCN3204F2Z1 (Gujarat), 33AADCN3204F1Z3 (Tamil Nadu).
The CIN (Corporate Identification Number) of N.R. Colours is U24233MH1994PLC081437. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N.R. Colours has 51 court cases on record: 46 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
N.R. Colours was incorporated on 26 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
N.R. Colours has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹6.48 Cr; the latest was in October 2011.
Manav Pradip Khakhar ceased to be Whole-Time Director on 10 Oct 2022. Swar Nirav Raveshia was appointed as Director on 30 Sep 2022. Shreeya Nirav Raveshia was appointed as Whole-Time Director on 01 Nov 2018. N.R. Colours has 10 board changes on record in total.
Yes, N.R. Colours is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0029599).
N.R. Colours has 5 MSME Form 1 returns on record between 2019 and 2024, listing 111 overdue payments to 33 micro and small suppliers. The latest return was filed on 10 May 2024.