Valspar (India) Coatings Corporation Private Limited - Company Profile

It is a manufacturing private limited company based in Bangalore, Karnataka, India, established in 1996.

1996 Bangalore, Karnataka, India Active

Last Updated: January 06, 2026

About Valspar (India) Coatings Corporation Private Limited

Valspar (India) Coatings Corporation Private Limited, a active private limited company, was established on 20 December 1996 in Bangalore, Karnataka, India. Engaging in paint & coatings within the manufacturing sector, it holds CIN: U24222KA1996PTC064394. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹91.00 Cr and a paid-up capital of ₹50.18 Cr.

Formerly known as Valspar (India) Coatings Corporation Limited, Coates Coatings India Private Limited. It upholds a compliant status. Employing 188 professional, Its leadership includes Kedar Madhav Tonapi (Whole-Time Director), John Thattupurackal Thomas (Managing Director), Jeffrey James Miklich (Director). Past directors included Anil Puri, Sandip Chatterjee, Probal Kumar Roy. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at #66-B, Bommasandra Industrial Area, Hosur Road, Bangalore, Karnataka, 560099.

Company Details

CIN/LLPIN
U24222KA1996PTC064394
Registration Number
064394
Incorporation Date
20 December 1996
Authorized Capital
₹91.00 Cr
Paid-Up Capital
₹50.18 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 91.00 Cr as on 06-01-2026
Paid Up Capital ₹ 50.18 Cr as on 06-01-2026
Company Age 29 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 15.72% (FY 2023)
Profit Growth **** 17.40% (FY 2023)
Ebitda **** 20.27% (FY 2023)
Net Worth 12.69% (FY 2023)
Total Assets **** 11.87% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Valspar (India) Coatings Corporation Private Limited — 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 Valspar (India) Coatings Corporation Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Kedar Madhav Tonapi	Whole-Time Director	02 Jan 2020	Current
John Thattupurackal Thomas	Managing Director	10 Jun 2020	Current
Jeffrey James Miklich	Director	27 Feb 2018	Current
James Paul Lang	Director	30 Apr 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	13 Jul 2009	Past
Pramod Abcsdd	Director	01 Jun 2010	Past
Pramod Abcsdd	Company Secretary	31 Oct 2006	Past
Pramod Abcsdd	Managing Director	02 Jan 2020	Past
Pramod Abcsdd	Company Secretary	01 Jun 2010	Past
Pramod Abcsdd	Additional Director	02 Jan 2020	Past

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Financial Performance of Valspar (India) Coatings Corporation.

Valspar (India) Coatings Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.72% increase. The company also saw a substantial improvement in profitability, with a 17.4% increase in profit. The company's net worth Soared by an impressive increase of 12.69%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

15.72%

*******

Revenue from Operations

*******

16.82%

*******

Total Assets

*******

11.87%

*******

Profit or Loss

*******

17.40%

*******

Net Worth

*******

12.69%

*******

EBITDA

*******

20.27%

*******

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What is the Ownership and Shareholding Structure of Valspar (India) Coatings Corporation?

In 2023, Valspar (India) Coatings Corporation had a promoter holding of 98.75% and a public holding of 1.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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How Many Employees Work at Valspar (India) Coatings Corporation?

Valspar (India) Coatings Corporation has a workforce of 188 employees as of Oct 02, 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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Valspar (India) Coatings Corporation, 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 Valspar (India) Coatings Corporation's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Valspar (India) Coatings Corporation

Recent Activity within the Organization

Annual General Meeting

Valspar (India) Coatings Corporation Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.
26 Sep 2025
Director Appointment

The activity James Paul Lang was appointed as a Director was appointed as a Director on 30 Apr 2025 & has been associated with this company since 10 months 2 days . was completed.
30 Apr 2025
Balance Sheet

The activity Valspar (India) Coatings Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

The activity John Thattupurackal Thomas was appointed as a Managing Director was appointed as a Managing Director on 10 Jun 2020 & has been associated with this company since 5 years 8 months . was completed.
10 Jun 2020
Director Appointment

The activity Kedar Madhav Tonapi was appointed as a Whole-time director was appointed as a Whole-time director on 02 Jan 2020 & has been associated with this company since 6 years 2 months . was completed.
02 Jan 2020
Director Appointment

The activity Jeffrey James Miklich was appointed as a Director was appointed as a Director on 27 Feb 2018 & has been associated with this company since 8 years 3 days . was completed.
27 Feb 2018

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