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Sirca Paints India Limited is a Delhi based marketing and trading company engaged in distribution of paints and allied products. Sirca paints was the first company to launch wood filler and to maintain the operations it had launched company owned branches in mumbai and chennai. The company 128+ full-time employees to carry out overall operations.
Date of establishment: The company was incorporated in 2006 in Delhi
Promoters of Sirca Paints India Limited: Mr. Sanjay Agarwal, Mr. Apoorv Agarwal, and Mr. Gurjit Singh Bains are the promoters of Sirca paints
Products and Services Offered: Sirca paints procures products from Sirca Spa of Italy and then it sells the products through its distributors present across the country. Company also acquires many products from India based suppliers and then it sells the acquired products in India.
Customer Segments: The company distributes the acquired products in India and has got the exclusive rights to promote the sale in Sri lanka, Bangladesh and Nepal.
Objects of the Issue: The Objects of the Issue are-
- To finance the expenditure of Site/Plant Development and Purchase of Plant and Machinery
- To meet the incremental working capital requirements of the Company;
- To meet General corporate purposes;
- To meet the expenses of the Issue.
Company Financials:
|
Particulars |
For the year/period ended (in Rs. Millions) |
|||||
|
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
31-Mar-13 |
||
|
Total Assets |
6,131.25 |
4,507.57 |
3,341.52 |
2,910.05 |
2,173.65 |
|
|
Total Revenue |
8,434.17 |
7,266.09 |
6,976.85 |
5,408.00 |
3,402.29 |
|
|
Profit After Tax |
1,370.34 |
727.62 |
617.88 |
197.11 |
50.40 |
|
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