About Osnar Paints and Contracts Private Limited
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Osnar Paints and Contracts Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 12 November 1965 and has been in existence for over 61 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45402MH1965PTC013361. Its GSTIN is 24AAACO0828K1ZL (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Samir Omprakash Degan (Managing Director) and Shalini Samir Degan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at T K Industrial Estateachaya Donde Marg Sewree, Mumbai, Maharashtra, India – 400015.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.03 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹6.25 Cr and EBITDA of -₹6.08 Cr. Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 59% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.2 Cr and satisfied charges of ₹99.5 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website osnar.com.
Company details
Contact details
Osnar Paints and Contracts Private Limited's registered office is in Mumbai, Maharashtra. Its website is osnar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT K Industrial Estateachaya Donde Marg Sewree, Mumbai, Maharashtra, India – 400015
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Osnar Paints and Contracts Private 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
Business activity
The main business activity of Osnar Paints and Contracts is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Osnar Paints and Contracts Private Limited, buy the company report.
Financials of Osnar Paints and Contracts Private Limited
FY 2023 filings availableOsnar Paints and Contracts Private Limited reported revenue of ₹3.03 Lakh (down 58% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 58% fall in the latest year. EBITDA fell 4% 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
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| EBITDA | -₹6.08 Cr | ||||
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| Net Profit (PAT) | -₹6.25 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Osnar Paints and Contracts Private Limited, buy the company report.
Board of directors of Osnar Paints and Contracts Private Limited
Osnar Paints and Contracts has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shalini Samir Degan Also directs: Osnar Chemical Private Limited | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Samir Omprakash Degan Also directs: Osnar Chemical Private Limited, Mora Tollways Limited, Atlanta Infra Assets Limited and 4 more | Managing Director | 27 Jun 1985 | 41 Years 4 Months | Current |
| Ashok Krishnanand Shastry Also directs: Osnar Chemical Private Limited, Biostadt India Limited | Director | 12 Nov 1965 | 61 Years 0 Months | Current |
Auditor
Osnar Paints and Contracts Private Limited is audited by JAYESH SHETH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYESH SHETH & CO. | FY 2022 | 119586W |
Shareholding
The shareholding of Osnar Paints and Contracts Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Osnar Paints and Contracts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2013 | 10409649 | Bank of Maharashtra | ₹60 Lakh | Open | |
| 02 Feb 2013 | 10402901 | Hdfc Bank Limited | ₹40 Lakh | Open | |
| 23 Mar 2010 | 10210359 | Bank of Maharashtra | ₹60 Lakh | Open | |
| 23 Mar 2010 | 10210360 | Bank of Maharashtra | ₹71 Lakh | Open | |
| 25 Apr 2009 | 10157605 | Bank of Maharashtra | ₹30 Lakh | Open |
To see the full charge records of Osnar Paints and Contracts Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Osnar Paints and Contracts Private Limited has 2 court cases on record: 1 filed by Osnar Paints and Contracts, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Court case (AS) | Filed by the company against M/S Surya Chandra Contractors, and 2 others | Pending |
| District court, East Godavari, Andhra Pradesh | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Osnar Paints and Contracts 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 Osnar Paints and Contracts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Osnar Paints and Contracts has 2 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Osnar Paints and Contracts Private Limited has a workforce of 6 employees on its EPFO records as of Apr 2022, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 6 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Osnar Paints and Contracts Private Limited, buy the company report.
GST
Osnar Paints and Contracts has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACO0828K1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Osnar Paints and Contracts Private Limited, buy the company report.
Recent activity
Osnar Paints and Contracts Private Limited has 7 board changes on record since 1965: 4 appointments and 3 cessations. The latest: Shalini Samir Degan ceased to be Additional Director on 29 Sep 2015.
11 earlier events are in the company report.
Frequently asked questions
Osnar Paints and Contracts is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 12 November 1965 (61+ years old) and is registered under CIN U45402MH1965PTC013361.
Osnar Paints and Contracts has 3 current directors:
- Samir Omprakash Degan - Managing Director
- Shalini Samir Degan - Director
- Ashok Krishnanand Shastry - Director
The latest financial statements of Osnar Paints and Contracts on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Osnar Paints and Contracts is 24AAACO0828K1ZL, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Osnar Paints and Contracts is U45402MH1965PTC013361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Osnar Paints and Contracts has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Osnar Paints and Contracts was incorporated on 12 November 1965, making it 61+ years old. It is registered with the Registrar of Companies, Mumbai.
Shalini Samir Degan ceased to be Additional Director on 29 Sep 2015. Shalini Samir Degan was appointed as Director on 20 Mar 2015. Chandra Omprakash Degan ceased to be Director on 13 Jan 2014. Osnar Paints and Contracts has 7 board changes on record in total.
Osnar Paints and Contracts can be reached through the website osnar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Osnar Paints and Contracts is at T K Industrial Estateachaya Donde Marg Sewree, Mumbai, Maharashtra, India – 400015.
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