
Soni Paints Private Limited
About Soni Paints Private Limited
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Soni Paints Private Limited is a private limited company based in Nagpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 14 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U24222MH2020PTC338852. Its GSTIN is 27ABDCS5658K1ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50,000 and a paid-up capital of ₹50,000. It is led by directors Ankur P Goswami and Palas Sanjay Soni.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Pl.No.R1 Fl.No 305 A Wing C 3rd Floor Lava Wadi, Nagpur, Maharashtra, India – 440023.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.16 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹6.22 Lakh (net margin 2.9%) and EBITDA of ₹8.34 Lakh (EBITDA margin 3.9%).
The company is associated with 1 brand: Goodwill Paints. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
Company details
Recognitions & Rankings of Soni Paints
Contact details
Soni Paints Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPl.No.R1 Fl.No 305 A Wing C 3rd Floor Lava Wadi, Nagpur, Maharashtra, India – 440023
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Soni Paints Private Limited, buy the company report.
- 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
Brands
Soni Paints operates one associated brand: Goodwill Paints. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Goodwill Paints offers a range of high-quality paint products and services for various needs. | goodwillpaint.com |
Business activity
The main business activity of Soni 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 Soni Paints Private Limited, buy the company report.
Financials of Soni Paints Private Limited
FY 2022 filings availableSoni Paints Private Limited reported revenue of ₹2.16 Cr (up 35% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 35% in the latest year. EBITDA rose 373% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.16 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.34 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.22 Lakh | ||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.9% | ||
| Net Profit Margin | 2.9% | ||
| 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 | |||
To see the full financial statements and ratios of Soni Paints Private Limited, buy the company report.
Board of directors of Soni Paints Private Limited
Soni Paints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur P Goswami | Director | 22 Feb 2022 | 4 Years 8 Months | Current |
| Palas Sanjay Soni | Director | 14 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Soni Paints Private Limited is audited by MJM Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MJM Associates | FY 2022 | 117306W |
Shareholding
The shareholding of Soni Paints Private Limited is on record for 2 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Soni Paints Private Limited, buy the company report.
Legal cases
Soni Paints Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Criminal miscellaneous application | Filed against the company by Goverdhan Energy and Petrochemicals Pvt. Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Shivark Paints Pvt Ltd | Disposed |
| District court, Shahdara, Delhi | Cheque dishonour complaint | Filed against the company by M/S Superlac Paints Pvt Ltd | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Madusudan Agrawal Project Pvt Ltd, Through Its Director, Dakshesh Agrawal | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Soni 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 Soni Paints Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Soni Paints Private Limited has 1 active EPFO establishment as of Mar 21, 2024.
GST
Soni Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABDCS5658K1ZS | Maharashtra | Active | 27 Mar 2020 |
To see the full GST registrations and return filing status of Soni Paints Private Limited, buy the company report.
Recent activity
Soni Paints Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Aruna Sanjay Soni ceased to be Director on 23 Feb 2022.
Frequently asked questions
Soni Paints is an active private limited company based in Nagpur, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 14 March 2020 (6+ years old) and is registered under CIN U24222MH2020PTC338852.
Soni Paints has 2 current directors:
- Ankur P Goswami - Director
- Palas Sanjay Soni - Director
The latest financial statements of Soni Paints on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Soni Paints is 27ABDCS5658K1ZS, registered in Maharashtra. 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 Soni Paints is U24222MH2020PTC338852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soni Paints has 6 court cases on record: 6 filed against it. 1 is pending.
Soni Paints was incorporated on 14 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
Aruna Sanjay Soni ceased to be Director on 23 Feb 2022. Ankur P Goswami was appointed as Director on 22 Feb 2022. Palas Sanjay Soni was appointed as Director on 14 Mar 2020.
Yes, Soni Paints is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Soni Paints is at Pl.No.R1 Fl.No 305 A Wing C 3rd Floor Lava Wadi, Nagpur, Maharashtra, India – 440023.