Sonalac Paints And Coatings Limited

Founded in 1988 and headquartered in Chandigarh, India.

1988 | Chandigarh, Chandigarh (India) | Converted to LLP
Last Updated:

Sonalac Paints And Coatings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.84 Cr
  • Company Age 37 Year, 26 Days
  • Last Filing with ROC 31 Mar 2020
  • Satisfied Charges ₹ 41.75 Cr
  • Revenue Growth 59.09%
  • Profit Growth 3.84%
  • Ebitda -5.88%
  • Net Worth 30.25%
  • Total Assets 24.47%

About Sonalac Paints And Coatings

Sonalac Paints And Coatings Limited (SPACL) is Converted To Llp company established on 09 May 1988 with its office registered at Chandigarh, Chandigarh, India and has been running since 37 Year, 26 Days with a paid up capital of 1.84 Cr. According to MCA records, 0 Directors are linked to this company as of 04 Oct 2024.

Company Details

  • Location

    Chandigarh, Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24222CH1988PLC008356

  • Company No.

    008356

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1988

  • Date of AGM

    17 Oct 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

What products or services does Sonalac Paints And Coatings Limited offer?

Sonalac Paints And Coatings Limited offers a wide range of products and services, including Emulsion Paints, Interior Emulsion, Primer, Water Based Cement Primer, Exterior Paint, Exterior Emulsion Paint, Wall Putty, Cement Wall Putty, Paints, Paints, Wall Putty & Varnishes.

Company report

Sonalac Paints And Coatings Limited

Explore comprehensive data for Sonalac Paints And Coatings Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sonalac Paints And Coatings?

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Sonalac Paints And Coatings.

Sonalac Paints And Coatings Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 59.09% increase. The company also saw a slight improvement in profitability, with a 3.84% increase in profit. The company's net worth Soared by an impressive increase of 30.25%.

Sonalac Paints And Coatings revenue growth over time
Sonalac Paints And Coatings profit and loss trends over time
  • 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
59.09%
Revenue from Operations
59.14%
Total Assets
24.47%
Profit or Loss
3.84%
Net Worth
30.25%
EBITDA
-5.88%

What is the Ownership and Shareholding Structure of Sonalac Paints And Coatings?

In 2020, Sonalac Paints And Coatings had a promoter holding of 69.73% and a public holding of 30.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹41.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.87 Cr
  • Punjab National Bank : 7.88 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 2020Others₹2.00 CrSatisfied
29 May 2020Others₹5.00 CrSatisfied
24 May 2019Others₹10.00 CrSatisfied
06 Apr 2019Others₹2.00 MSatisfied
07 Feb 2019Others₹1.00 CrSatisfied

How Many Employees Work at Sonalac Paints And Coatings?

Sonalac Paints And Coatings has a workforce of 211 employees as of Apr 06, 2024. 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 growth trends for Sonalac Paints And Coatings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sonalac Paints And Coatings, 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 Sonalac Paints And Coatings'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.

Latest Updates, News, and FAQs on Sonalac Paints And Coatings

Recent activity within the organization

  • Charges

    A charge registered on 28 Dec 2020 via Charge ID 100400622 with Others was fully satisfied on 24 Mar 2021.

  • Charges

    A charge registered on 29 May 2020 via Charge ID 100356582 with Others was fully satisfied on 24 Mar 2021.

  • Charges

    A charge registered on 24 May 2019 via Charge ID 100285575 with Others was fully satisfied on 24 Mar 2021.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100400622 was registered on 28 Dec 2020.

  • Annual General Meeting

    Sonalac Paints And Coatings Limited last Annual general meeting of members was held on 17 Oct 2020 as per latest MCA records.

  • Charges

    A charge registered on 06 Apr 2019 via Charge ID 100257123 with Others was fully satisfied on 07 Aug 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Sonalac Paints And Coatings Limited?

    Sonalac Paints And Coatings Limited was incorporated on 09 May 1988.

  • What is authorized share capital and paid-up capital of Sonalac Paints And Coatings Limited?

    The authorized share capital of Sonalac Paints And Coatings Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.84 Cr.

  • What is the registered address of Sonalac Paints And Coatings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sonalac Paints And Coatings Limited is 768 Phase 2Industrial Area, Chandigarh, Ut, India, 160002.

  • What is the corporate identification number (CIN) and company number of Sonalac Paints And Coatings Limited?

    The corporate identification number (CIN) of Sonalac Paints And Coatings Limited is U24222CH1988PLC008356 and the company number is 008356 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sonalac Paints And Coatings Limited?

    The Official website of Sonalac Paints And Coatings Limited is https://www.sonalacpaints.in

  • What has been the recent revenue trend for Sonalac Paints And Coatings Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Sonalac Paints And Coatings Limited has risen by 59.09%.

  • How many employees does Sonalac Paints And Coatings Limited currently have?

    As Per 2020 financial reports, 211 employees are currently employed by Sonalac Paints And Coatings Limited.

  • What change has been observed in the net worth of Sonalac Paints And Coatings Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Sonalac Paints And Coatings Limited has experienced an upsurge of 30.25%.

  • When was the last Balance Sheet of Sonalac Paints And Coatings Limited filed with the ROC?

    The most recent Balance Sheet for Sonalac Paints And Coatings Limited was filed with the ROC on 31 Mar 2020.

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