Shalimar Paints Ltd - Company Profile

It is a manufacturing public limited company based in Gurugram, Haryana, India, established in 1902.
1902 Gurugram, Haryana, India Active
Last Updated:
About Shalimar Paints Ltd

Shalimar Paints Ltd, a active public limited company, was established on 16 December 1902 in Gurugram, Haryana, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: L24222HR1902PLC065611. Registered under ROC Roc Delhi. it is listed on BSE: 509874 and NSE: SHALPAINTS. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹16.74 Cr.

Formerly known as Shalimar Paint Colour And Varnish Company Pvt Ltd. It upholds a compliant status. In 2024, it reported revenue of ₹543.08 Cr and a net worth of ₹377.36 Cr. Employing 696 professional, Its leadership includes Venugopal Chetlur (Whole-Time Director), Souvik Pulakesh Sengupta (Director), Vijay Kumar Sharma (Director). Past directors included Sandeep Sarda, Urvi Jindal, Pumit Kumar Chellaramani. It holds ₹274.26 Cr open charges and ₹393.75 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Stainless Centre, 4Th Floor, Plot No. 50, Sector 32,, Gurugram, Haryana, 122001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L24222HR1902PLC065611

  • Registration Number

    065611

  • Incorporation Date

    16 December 1902

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹16.74 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Listed (BSE: 509874, NSE: SHALPAINTS)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 16.74 Cr
  • Company Age 123 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 274.26 Cr
  • Satisfied Charges ₹ 393.75 Cr
  • Revenue Growth **** 10.21%
  • Profit Growth **** -104.27%
  • Ebitda **** -267.62%
  • Net Worth 12.10%
  • Total Assets **** 7.60%
Company report

Shalimar Paints Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Shalimar Paints Ltd — 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 Shalimar Paints Ltd?
Current Directors
Name Designation Appointment Date Status
Venugopal Chetlur Whole-Time Director 23 Jul 2024 Current
Souvik Pulakesh Sengupta Director 24 Feb 2022 Current
Vijay Kumar Sharma Director 23 Jul 2024 Current
Rajeev Uberoi Director 11 May 2021 Current
Atul Rasiklal Desai Director 28 Jun 2023 Current
Aaditya Gajendra Sharda Director 11 Apr 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Whole-Time Director 10 Jun 2013 Past
Pramod Abcsdd Additional Director 26 Sep 2019 Past
Pramod Abcsdd Company Secretary 15 Nov 2014 Past
Pramod Abcsdd Director 11 Aug 2022 Past
Pramod Abcsdd Ceo(Kmp) 11 Aug 2019 Past
Pramod Abcsdd Director 28 May 2019 Past

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Financial Performance of Shalimar Paints.

Shalimar Paints Ltd, for the financial year ended 2024, experienced significant growth in revenue, with a 10.21% increase. The company also saw a substantial fall in profitability, with a 104.27% decrease in profit. The company's net worth Soared by an impressive increase of 12.1%.

Shalimar Paints revenue growth over time
Shalimar Paints profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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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10.21%
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Revenue from Operations
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10.17%
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Total Assets
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7.60%
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Profit or Loss
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-104.27%
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Net Worth
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12.10%
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EBITDA
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-267.62%
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*******

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What is the Ownership and Shareholding Structure of Shalimar Paints?

In 2024, Shalimar Paints had a promoter holding of 75.72% and a public holding of 24.26%. The company had 2 Subsidiaries. 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

₹2,742,600,000.00

Satisfied Charges

₹3,937,508,200.00

Charges Breakdown by Lending Institutions
  • State Bank Of India : 207.00 Cr
  • Others : 67.26 Cr
Latest Charge Details
Date Lender Amount Status
12 Jan 2024 Others ₹35.00 Cr Open
12 Oct 2022 Others ₹27.00 Cr Open
01 Sep 2021 Others ₹2.99 Cr Open
25 Mar 2021 Others ₹2.27 Cr Open
26 Sep 2003 State Bank Of India ₹207.00 Cr Open

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How Many Employees Work at Shalimar Paints?

Shalimar Paints has a workforce of 696 employees as of Aug 18, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Shalimar 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 Shalimar 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 Shalimar Paints
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 22 Jan 2019 via Charge ID 100259516 with Others was fully satisfied on 26 Nov 2025. was documented.

  • Charges

    The activity A charge registered on 22 Jan 2019 via Charge ID 100259519 with Others was fully satisfied on 26 Nov 2025. was completed.

  • Charges

    The activity A charge registered on 16 Oct 2021 via Charge ID 100508163 with State Bank Of India was fully satisfied on 06 Nov 2025. was completed.

  • Annual General Meeting

    The activity Shalimar Paints Ltd last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was completed.

  • Charges

    Progress on A charge registered on 28 Feb 2023 via Charge ID 100685636 with Others was fully satisfied on 20 May 2025. was documented.

  • Charges

    A charge registered on 15 Nov 2021 via Charge ID 100508748 with Others was fully satisfied on 20 May 2025. was recorded as a recent event.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of Shalimar Paints Ltd?

The CIN of Shalimar Paints Ltd is L24222HR1902PLC065611.

Where is Shalimar Paints Ltd headquartered?

Shalimar Paints Ltd is headquartered at Stainless Centre, 4Th Floor, Plot No. 50, Sector 32,, Gurugram, Haryana, 122001.

When was Shalimar Paints Ltd incorporated?

Shalimar Paints Ltd was incorporated on 16 December 1902.

Who are the current directors of Shalimar Paints Ltd?

The current directors of Shalimar Paints Ltd are

What is the primary industry of Shalimar Paints Ltd?

The primary industry of Shalimar Paints Ltd is Manufacturing.

Is Shalimar Paints Ltd a listed company?

Shalimar Paints Ltd is listed. It is listed on BSE: 509874 and NSE: SHALPAINTS.

What is the capital structure of Shalimar Paints Ltd?

The authorized capital of Shalimar Paints Ltd is ₹20.00 Cr, and the paid-up capital is ₹16.74 Cr.

What is the compliance status of Shalimar Paints Ltd?

The compliance status of Shalimar Paints Ltd is Compliant.

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