About Rajit Paints Limited
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Rajit Paints Limited is a public limited company based in Punjab, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 13 June 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24221PB1985PLC006310. The company has 15 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹14 Cr and a paid-up capital of ₹13.4 Cr. It was formerly known as Rajit Paints Products India Private Limited and Rajit Paints Products India Limited. It is led by directors including Rajesh Mehra (Managing Director) and Rajit Mehra (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Gill Roadludhiana, Punjab, India.
As per the financials filed for FY 2014, the company reported a revenue of ₹1.13 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹23.91 Cr and EBITDA of -₹18.7 Cr. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years.
As per MCA filings, the company has open charges of ₹171.19 Cr and satisfied charges of ₹35 Lakh on record. Court records list 320 cases involving the company, including 19 filed by the company and 298 filed against it; 25 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rajitpaints.com.
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- Registered AddressGill Roadludhiana, Punjab, India
- IndustryManufacturing, Paint & Coatings
- 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
- One PDF report, delivered after checkout
Financials of Rajit Paints Limited FY 2015 filings available
Rajit Paints Limited reported revenue of ₹1.13 Cr (down 99% YoY) for FY 2014.
Compounded Annual Growth Rate (CAGR) of Rajit Paints Limited
Revenue has declined at a compounded annual rate (CAGR) of 80% over three years, including a 99% fall 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 of Rajit Paints Limited
| Metrics | FY 2013-14 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹1.13 Cr |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹18.7 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹23.91 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 of Rajit Paints Limited
| Metrics | FY 2013-14 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rajit Paints are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Rajit Paints Limited
Rajit Paints has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Mehra Also directs: Rajit Milk Private Limited | Managing Director | 06 Jan 2003 | 23 Years 9 Months | Current |
| Rajit Mehra Also directs: Rajit Milk Private Limited | Managing Director | 01 Jan 2001 | 25 Years 9 Months | Current |
| Rahat Mehra Also directs: Rajit Milk Private Limited | Director | 15 Nov 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Rajit Paints Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rajit Paints Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2012 | Idbi Bank Limited | ₹2 Cr | Open |
| 30 Apr 2012 | Indiabulls Housing Finance Limited | ₹1.07 Cr | Open |
| 08 Feb 2012 | Others | ₹2 Cr | Open |
| 23 Nov 2011 | Others | ₹54.25 Cr | Open |
| 20 Sep 2011 | Others | ₹2.5 Cr | Open |
Total charge records: 12 View all charges
Legal Cases of Rajit Paints Limited
Rajit Paints Limited has 320 court cases on record: 19 filed by Rajit Paints, 298 filed against it, 3 where it is another party. 25 cases are pending and 295 are disposed. Status as checked between 28 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 291 | 273 | 23 |
| High courts | 28 | 25 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 320)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed against the company by Noble Resources and Trading India Private Limited. | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed against the company by BDC Distribution Private Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Vimal Intertrade Private Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Kotak Mahindra Prime Limited | Disposed |
Full case history
All 320 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Rajit Paints Limited
Employment history and EPFO contributions of people linked to Rajit Paints.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Rajit Paints Limited
Rajit Paints has undergone 2 name changes throughout its history. The company was previously known as Rajit Paints Products India Private Limited, and Rajit Paints Products India Limited. The current legal name is Rajit Paints Limited.
| Company Name | Status |
|---|---|
| Rajit Paints Limited | Current |
| Rajit Paints Products India Private Limited | Previous |
| Rajit Paints Products India Limited | Previous |
CIN History of Rajit Paints Limited
Rajit Paints has one previous CIN (Corporate Identification Number): L24221PB1985PLC006310. The current CIN is U24221PB1985PLC006310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24221PB1985PLC006310 | Current |
| L24221PB1985PLC006310 | Previous |
Recent Activity on Rajit Paints Limited
Rajit Paints Limited has 12 board changes on record since 2001: 3 appointments and 9 cessations. The latest: Preeti Mehra ceased to be Whole-Time Director on 22 Nov 2012.
25 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rajit Paints Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rajit Paints Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rajit Paints Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rajit Paints Limited
Rajit Paints has 15 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rajit Paints Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rajit Paints Limited
Rajit Paints is an active public limited company based in Punjab, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 13 June 1985 (41+ years old) and is registered under CIN U24221PB1985PLC006310.
Rajit Paints reported revenue of ₹1.13 Cr for FY 2014 (down 99% YoY).
Rajit Paints has 3 current directors:
- Rajesh Mehra - Managing Director
- Rajit Mehra - Managing Director
- Rahat Mehra - Director
Rajit Paints reported a net loss of ₹23.91 Cr and EBITDA of -₹18.7 Cr for FY 2014, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rajit Paints is -80% over three years. In the latest year (FY 2014) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
No. Rajit Paints has 15 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rajit Paints is U24221PB1985PLC006310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajit Paints has 320 court cases on record: 19 filed by the company and 298 filed against it. 25 are pending. Most are in the district courts.
Rajit Paints was incorporated on 13 June 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chandigarh.
Preeti Mehra ceased to be Whole-Time Director on 22 Nov 2012. Rita Mehra ceased to be Whole-Time Director on 22 Nov 2012. Ajay Nagrath ceased to be Whole-Time Director on 28 Sep 2012. Rajit Paints has 12 board changes on record in total.