MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-02-0032946
Rely Paints Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.39 Cr
▼ 36% YoY
Net profit · FY 2024
₹5.66 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹36.57 Lakh
EBITDA margin 3.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48.2 Lakh
Issued & subscribed
Open charges
₹9.01 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
25
Provident fund records
About Rely Paints Private Limited
Data last updated:
Rely Paints Private Limited is a private limited company based in Delhi, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 31 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24220DL2012PTC241435. Its GSTIN is 09AAGCR0685P1ZN (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48.2 Lakh. It is led by directors including Robin Mukesh and Sharad Gupta.
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 E – 2B Madhu Vihar Ip Extension Patparganj, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.39 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹5.66 Lakh (net margin 0.5%) and EBITDA of ₹36.57 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 15% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.01 Cr on record. Court records list 65 cases involving the company, including 63 filed by the company and 2 filed against it; 44 cases are pending.
Rely Paints Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-02-0032946). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website relypaints.co.in.
Company details
CIN U24220DL2012PTC241435
Registration Number 241435
Incorporation Date 31 August 2012
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-DL-02-0032946
Recognitions & Rankings of Rely Paints
Contact details
Rely Paints Private Limited's registered office is in Delhi, Delhi. Its website is relypaints.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressE – 2B Madhu Vihar Ip Extension Patparganj, Delhi, India – 110092
- IndustryManufacturing, Paint & Coatings
To see the full contact details of Rely Paints Private Limited, buy the company report.
Comprehensive company report
Rely 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 Rely Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Rely Paints Private Limited, buy the company report.
Financials of Rely Paints Private Limited
FY 2025 filings availableRely Paints Private Limited reported revenue of ₹11.39 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹11.39 Cr ▼ 36%
Net profit · FY 2024
₹5.66 Lakh margin 0.5%
EBITDA · FY 2024
₹36.57 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 7%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 19%
5 years · compounded
▲ 9%
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹36.57 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.66 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Rely Paints Private Limited, buy the company report.
Board of directors of Rely Paints Private Limited
Rely Paints has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Robin Mukesh Also directs: Awadh Hotels & Resorts LLP, Reliable Poly Compounds Pvt Ltd | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Sharad Gupta | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
| Bijay Kant Nautiyal | Director | 31 Aug 2012 | 14 Years 1 Months | Current |
Peer comparison
Rely Paints Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zigma Paints Pvt Ltd | ₹11.5 Cr (FY 2025) | -5.0% | Nashik, Maharashtra, India | |||
| Rely Paints Private Limitedthis company | ₹11.39 Cr (FY 2024) | ₹5.66 Lakh | 0.5% | -36.0% | 25 | Delhi, India |
| Vigneswara Paints Private Limited | ₹11.38 Cr (FY 2024) | -6.0% | Sivakasi, Tamil Nadu, India | |||
| Makeover Paints Private Limited | ₹11.36 Cr (FY 2024) | -5.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Rely Paints Private Limited, buy the company report.
Auditor
Rely Paints Private Limited is audited by JAIN AKSHAY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN AKSHAY & ASSOCIATES | FY 2023 | 040168N |
Shareholding
The shareholding of Rely Paints Private 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 Rely Paints Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.01 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101144544 | Others | ₹4 Cr | Open | |
| 01 May 2024 | 100915556 | Canara Bank | ₹8.94 Lakh | Open | |
| 05 Jan 2022 | 100525016 | Others | ₹10.88 Lakh | Open | |
| 04 Jan 2022 | 100525497 | Others | ₹63.72 Lakh | Open | |
| 06 Jul 2020 | 100346967 | Canara Bank | ₹21.25 Lakh | Open |
To see the full charge records of Rely Paints Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Rely Paints Private Limited has 65 court cases on record: 63 filed by Rely Paints, 2 filed against it. 44 cases are pending and 21 are disposed.
Total cases
65
Filed by the company
63
Filed against the company
2
Pending
44
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 2 | 44 |
| High courts | 2 | 0 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 65)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Rajdhani Paints Pvt Ltd | Disposed |
| District court, Rewari, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Rely 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 Rely Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rely Paints has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Rely Paints Private Limited has a workforce of 25 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
25
Active EPFO establishments
1
Employee growth
-13.79%
GST
Rely 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 |
|---|---|---|---|
| 09AAGCR0685P1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rely Paints Private Limited, buy the company report.
Recent activity
Rely Paints Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Poonam Shailendrakumar Gupta ceased to be Director on 15 Feb 2017.
AGM
Rely Paints Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 101144544 was registered on 23 Jul 2025.
Filing
Rely Paints Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Canara Bank of Rs. 390.00 Lakh registered on 22 Feb 2013 with Charge ID 10412596 was modified on 17 Jan 2025.
Charges
A charge with Canara Bank amounted to Rs. 8.94 Lakh with Charge ID 100915556 was registered on 01 May 2024.
Charges
A charge with Others amounted to Rs. 10.88 Lakh with Charge ID 100525016 was registered on 05 Jan 2022.
Charges
A charge with Others amounted to Rs. 63.72 Lakh with Charge ID 100525497 was registered on 04 Jan 2022.
Charges
A charge with Canara Bank amounted to Rs. 21.25 Lakh with Charge ID 100346967 was registered on 06 Jul 2020.
Ceased
Poonam Shailendrakumar Gupta ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 6.00 Lakh with Charge ID 10455107 was registered on 30 Sep 2013.
Charges
A charge with Canara Bank amounted to Rs. 390.00 Lakh with Charge ID 10412596 was registered on 22 Feb 2013.
Appointed
Bijay Kant Nautiyal was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Rely Paints is an active private limited company based in Delhi, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 31 August 2012 (14+ years old) and is registered under CIN U24220DL2012PTC241435.
Rely Paints has 3 current directors:
- Robin Mukesh - Director
- Sharad Gupta - Director
- Bijay Kant Nautiyal - Director
The latest financial statements of Rely 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 2015 are in the company report.
The GSTIN of Rely Paints is 09AAGCR0685P1ZN, registered in Uttar Pradesh. 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 Rely Paints is U24220DL2012PTC241435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rely Paints has 65 court cases on record: 63 filed by the company and 2 filed against it. 44 are pending. Most are in the district courts.
Rely Paints was incorporated on 31 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Rely Paints by revenue are Zigma Paints Pvt Ltd, Vigneswara Paints Private Limited, Makeover Paints Private Limited, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Poonam Shailendrakumar Gupta ceased to be Director on 15 Feb 2017. Bijay Kant Nautiyal was appointed as Director on 31 Aug 2012. Robin Mukesh was appointed as Director on 31 Aug 2012. Rely Paints has 4 board changes on record in total.
Yes, Rely Paints is registered as a small enterprise under Udyam registration (number: UDYAM-DL-02-0032946).
Rely Paints can be reached through the website relypaints.co.in. Its registered office is in Delhi, India.