Rajit Paints Limited - Company Profile

It is a manufacturing public limited company based in Punjab, Punjab, India, established in 1985.
1985 Punjab, Punjab, India Active
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About Rajit Paints Limited

Rajit Paints Limited, a active public limited company, was established on 13 June 1985 in Punjab, Punjab, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24221PB1985PLC006310. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹14.00 Cr and a paid-up capital of ₹13.40 Cr.

Formerly known as Rajit Paints Products India Private Limited, Rajit Paints Products India Limited. It upholds a active non-compliant status. Its leadership includes Rajesh Mehra (Managing Director), Rajit Mehra (Managing Director), Rahat Mehra (Director). Past directors included Ajay Nagrath, Rakesh Mehra, Kusum Nagrath. It holds ₹171.19 Cr open charges and ₹3.50 M settled loans. Its latest AGM occurred on 29 September 2015, with the balance sheet filed on 31 March 2015. It is based at Gill Roadludhiana, Punjab, Punjab.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24221PB1985PLC006310

  • Registration Number

    006310

  • Incorporation Date

    13 June 1985

  • Authorized Capital

    ₹14.00 Cr

  • Paid-Up Capital

    ₹13.40 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 14.00 Cr
  • Paid Up Capital ₹ 13.40 Cr
  • Company Age 40 Year, 8 Months
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 171.19 Cr
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth **** -99.07%
  • Profit Growth **** 27.27%
  • Ebitda **** 33.26%
  • Net Worth -481.54%
  • Total Assets -23.12%
Company report

Rajit Paints Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Rajit Paints 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 Rajit Paints Limited?
Current Directors
Name Designation Appointment Date Status
Rajesh Mehra Managing Director 06 Jan 2003 Current
Rajit Mehra Managing Director 01 Jan 2001 Current
Rahat Mehra Director 15 Nov 2011 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 28 Sep 2012 Past
Pramod Abcsdd Whole-Time Director 17 Aug 2011 Past
Pramod Abcsdd Whole-Time Director 28 Sep 2012 Past
Pramod Abcsdd Whole-Time Director 15 Oct 2007 Past
Pramod Abcsdd Whole-Time Director 22 Nov 2012 Past
Pramod Abcsdd Whole-Time Director 15 Nov 2011 Past

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Financial Performance of Rajit Paints.

Rajit Paints Limited, for the financial year ended 2014, experienced significant reduction in revenue, with a 99.07% decrease. The company also saw a substantial improvement in profitability, with a 27.27% increase in profit. The company's net worth observed a substantial decline by a decrease of 481.54%.

Rajit Paints revenue growth over time
Rajit Paints 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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 -99.07%
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*******
*******
*******
Revenue from Operations
*******
 -99.24%
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*******
*******
*******
Total Assets
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 -23.12%
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*******
*******
Profit or Loss
*******
 27.27%
*******
*******
*******
*******
Net Worth
*******
 -481.54%
*******
*******
*******
*******
EBITDA
*******
 33.26%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Rajit Paints?

In 2015, Rajit Paints had a promoter holding of 88.76% and a public holding of 11.24%. 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

₹1,711,935,536.00

Satisfied Charges

₹3,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 144.62 Cr
  • Idbi Bank Limited : 25.50 Cr
  • Indiabulls Housing Finance Limited : 1.07 Cr
Latest Charge Details
Date Lender Amount Status
15 Jun 2012 Idbi Bank Limited ₹2.00 Cr Open
30 Apr 2012 Indiabulls Housing Finance Limited ₹1.07 Cr Open
08 Feb 2012 Others ₹2.00 Cr Open
23 Nov 2011 Others ₹54.25 Cr Open
20 Sep 2011 Others ₹2.50 Cr Open

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How Many Employees Work at Rajit Paints?

Unlock and access historical data on people associated with Rajit Paints, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Rajit Paints, 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 Rajit Paints'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 Rajit Paints
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others of Rs. 2.00 Cr registered on 08 Feb 2012 with Charge ID 10340277 was modified on 28 Dec 2018. was documented.

  • Charges

    A charge with Others of Rs. 54.25 Cr registered on 23 Nov 2011 with Charge ID 10330498 was modified on 28 Dec 2018. was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 2.50 Cr registered on 20 Sep 2011 with Charge ID 10311615 was modified on 28 Dec 2018. was documented.

  • Charges

    Progress on A charge with Others of Rs. 49.25 Cr registered on 06 Oct 2010 with Charge ID 10244744 was modified on 28 Dec 2018. was documented.

  • Charges

    A charge with Others of Rs. 36.62 Cr registered on 08 Jan 2003 with Charge ID 90167512 was modified on 28 Dec 2018. was recorded as a recent event.

  • Annual General Meeting

    The activity Rajit Paints Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Rajit Paints Limited?

The CIN of Rajit Paints Limited is U24221PB1985PLC006310.

Where is Rajit Paints Limited headquartered?

Rajit Paints Limited is headquartered at Gill Roadludhiana, Punjab, Punjab.

When was Rajit Paints Limited incorporated?

Rajit Paints Limited was incorporated on 13 June 1985.

Who are the current directors of Rajit Paints Limited?

The current directors of Rajit Paints Limited are

What is the primary industry of Rajit Paints Limited?

The primary industry of Rajit Paints Limited is Manufacturing.

Is Rajit Paints Limited a listed company?

Rajit Paints Limited is unlisted.

What is the capital structure of Rajit Paints Limited?

The authorized capital of Rajit Paints Limited is ₹14.00 Cr, and the paid-up capital is ₹13.40 Cr.

What is the compliance status of Rajit Paints Limited?

The compliance status of Rajit Paints Limited is Active Non-Compliant.

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