MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0084195
Olinda Paints Private Limited - chemicals and materials in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.85 Cr
▲ 42% YoY
Net profit · FY 2025
₹3.09 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹8.04 Lakh
EBITDA margin 4.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.59 Lakh
Issued & subscribed
Open charges
₹61 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Olinda Paints Private Limited
Data last updated:
Olinda Paints Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 05 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2019PTC323765. Its GSTIN is 27AACCO9166G1Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.59 Lakh. It is led by directors including Sanjay Ramchandra Avhad and Rashmi Harshal Jarode.
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 Flat No 1 Hari Om Society Rajiv Nagar, Nashik, Maharashtra, India – 422009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.09 Lakh (net margin 1.7%) and EBITDA of ₹8.04 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹61 Lakh on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 9 cases are pending.
Olinda Paints Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0084195). For more details, the company can be reached via its website olindapaints.in.
Company details
CIN U24100MH2019PTC323765
Registration Number 323765
Incorporation Date 05 April 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0084195
Key People
Sanjay Ramchandra Avhad Director Rashmi Harshal Jarode Director Rekha Sanjay Avhad Director Recognitions & Rankings of Olinda Paints
Contact details
Olinda Paints Private Limited's registered office is in Nashik, Maharashtra. Its website is olindapaints.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 1 Hari Om Society Rajiv Nagar, Nashik, Maharashtra, India – 422009
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Olinda Paints Private Limited, buy the company report.
Comprehensive company report
Olinda 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Olinda Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Olinda Paints Private Limited, buy the company report.
Financials of Olinda Paints Private Limited
FY 2025 filings availableOlinda Paints Private Limited reported revenue of ₹1.85 Cr (up 42% YoY) for FY 2025.
Revenue · FY 2025
₹1.85 Cr ▲ 42%
Net profit · FY 2025
₹3.09 Lakh margin 1.7%
EBITDA · FY 2025
₹8.04 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 41%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 47%
5 years · compounded
▲ 45%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 42% growth in the latest year. EBITDA fell 28% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹8.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.09 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | 4.3% | ||||
| Net Profit Margin | 1.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Olinda Paints Private Limited, buy the company report.
Board of directors of Olinda Paints Private Limited
Olinda Paints has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Ramchandra Avhad Also directs: V&S Paints Private Limited | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Rashmi Harshal Jarode Also directs: Wertcart Ecom Private Limited | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
| Rekha Sanjay Avhad | Director | 05 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Olinda Paints Private Limited is audited by GUNJA DALAL AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUNJA DALAL AND CO | FY 2023 | 129915W |
Shareholding
The shareholding of Olinda Paints Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Olinda Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹61 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2024 | 101041550 | Tjsb Sahakari Bank Limited | ₹36 Lakh | Open | |
| 05 Dec 2023 | 100833832 | Tjsb Sahakari Bank Limited | ₹25 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Olinda Paints Private Limited has 9 court cases on record: 8 filed by Olinda Paints, 1 filed against it. All cases are pending.
Total cases
9
Filed by the company
8
Filed against the company
1
Pending
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 1 | 9 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by Notional Specialities Products Co Through Its Proprietor Sandip Surendralal Shah | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Babasaheb Rambhaji Waghe Prop. M/S Pandurang Traders | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Dnyaneshwar Hardware and Traders Through Proprietor Bharat Ramdas Borse | Pending |
To see the full case history of Olinda 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 Olinda Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Olinda Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO9166G1Z5 | Maharashtra | Active | 09 Jul 2019 |
To see the full GST registrations and return filing status of Olinda Paints Private Limited, buy the company report.
Recent activity
Olinda Paints Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Rashmi Harshal Jarode was appointed as Director on 05 Apr 2019.
AGM
Olinda Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Olinda Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 36.00 Lakh with Charge ID 101041550 was registered on 31 Dec 2024.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100833832 was registered on 05 Dec 2023.
Appointed
Rashmi Harshal Jarode was appointed as Director.
Appointed
Rekha Sanjay Avhad was appointed as Director.
Appointed
Sanjay Ramchandra Avhad was appointed as Director.
Incorporation
05 Apr 2019
Olinda Paints Private Limited was registered on 05 Apr 2019 with Roc Mumbai & aged 7 years 6 months as per MCA records.
Frequently asked questions
Olinda Paints is an active private limited company based in Nashik, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 05 April 2019 (7+ years old) and is registered under CIN U24100MH2019PTC323765.
Olinda Paints has 3 current directors:
- Sanjay Ramchandra Avhad - Director
- Rashmi Harshal Jarode - Director
- Rekha Sanjay Avhad - Director
The latest financial statements of Olinda Paints 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 FY 2020 are in the company report.
The GSTIN of Olinda Paints is 27AACCO9166G1Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Olinda Paints is U24100MH2019PTC323765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Olinda Paints has 9 court cases on record: 8 filed by the company and 1 filed against it. 9 are pending.
Olinda Paints was incorporated on 05 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Rashmi Harshal Jarode was appointed as Director on 05 Apr 2019. Rekha Sanjay Avhad was appointed as Director on 05 Apr 2019. Sanjay Ramchandra Avhad was appointed as Director on 05 Apr 2019.
Yes, Olinda Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0084195).
Olinda Paints can be reached through the website olindapaints.in. Its registered office is in Nashik, Maharashtra, India.