Mysore Paints and Varnish Lmited Unlisted Shares - Company Overview

Mysore Paints and Varnish Lmited is a State Government company incorporated on 04 November, 1947. It is classified as a State Government company and is located in Mysore. It's authorized share capital is INR 1.50 cr and the total paid-up capital is INR 1.03 cr.

Mysore Paints and Varnish Lmited operating revenues range is INR 1 cr - 100 cr for the financial year ending on 31 March, 2023.

Mysore Paints and Varnish Limited (MPVL) is a Government of Karnataka Enterprise which was established by Maharaja of Mysore Nalvadi Krishnaraja Wodeyar in 1937. After independence, the unit was converted as a public Sector Company in 1947. The Company which was originally known as Mysore Lac and Paints Works Ltd., was renamed as MPVL during 1989. The company is engaged in production of various types of Industrial paints and varnishes including Chemical Resistant paints, Enamels, Primers, polishes, sealing wax. At present, the company is also manufacturing 2K Polyurethane paints for bus body building MPVL is steadily in the progressive path and achieving profits and paying the dividend to the State Government.

Mysore Paints and Varnish Lmited Share Price, Share Details as of March 31, 2025

Mysore Paints and Varnish Lmited Incorporation Details

Mysore Paints and Varnish Lmited Board of Directors

Mysore Paints and Varnish Lmited Principal Business Activities

Mysore Paints and Varnish Lmited Particulars of Holding, Subsidiaries, & Associate Companies (NA)

Mysore Paints and Varnish Lmited Shareholding Pattern (As of 31-03-2025)

FAQ's on Mysore Paints and Varnish

Q: What is the face value of Mysore Paints and Varnish Ltd shares?
Answer: The face value of Mysore Paints and Varnish Ltd is ₹10 per equity share.

Q: What is the minimum lot size for buying Mysore Paints and Varnish shares through WWIPL?
Answer: The minimum lot size for Mysore Paints and Varnish shares is 100 equity shares.

Q: How can I buy Mysore Paints and Varnish unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with WWIPL, transfer funds, and receive the shares directly in their Demat account.

Q: Why should I buy Mysore Paints and Varnish shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and dedicated support throughout the unlisted share investment process.

Q: Is investing in Mysore Paints and Varnish Ltd a good idea?
Answer: Investors often evaluate Mysore Paints and Varnish based on its government ownership, niche product portfolio, financial performance, and long-term opportunities in the industrial coatings and specialty products segment.

Q: Why do investors buy Mysore Paints and Varnish shares before a potential IPO?
Answer: Investors seek early exposure to a well-established government enterprise before any potential liquidity event or listing, aiming to participate in long-term value creation.

Q: What business does Mysore Paints and Varnish Ltd operate in?
Answer: Mysore Paints and Varnish manufactures industrial paints, primers, enamels, varnishes, sealing wax, and is India's sole authorized manufacturer of indelible election ink used in national and state elections.

Q: What makes Mysore Paints and Varnish different from other unlisted manufacturing companies?
Answer: The company enjoys a unique position as the exclusive manufacturer of indelible election ink in India while also producing a range of industrial paints and specialty coatings.

Q: What are the key growth drivers for Mysore Paints and Varnish Ltd?
Answer: Demand from election-related supplies, industrial coatings, government procurement, infrastructure projects, and expansion of specialty paint products are key growth drivers.

Q: What factors affect the valuation of Mysore Paints and Varnish shares?
Answer: Revenue growth, profitability, government contracts, industrial paint demand, election-related orders, and return ratios influence the company's valuation.

Q: Are Mysore Paints and Varnish shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Mysore Paints and Varnish shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted shares, subject to market demand and availability.

Q: What documents are required to buy Mysore Paints and Varnish shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in Mysore Paints and Varnish shares?
Answer: Investors should consider dependence on government orders, fluctuations in industrial paint demand, raw material costs, and liquidity constraints associated with unlisted shares.

Q: How does WWIPL help investors track Mysore Paints and Varnish investments?
Answer: WWIPL provides company updates, transaction assistance, market insights, and investment support to help investors stay informed.

Q: How long does it take for Mysore Paints and Varnish shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Mysore Paints and Varnish Ltd?
Answer: Investors should assess the company's financial performance, government contracts, profitability, specialty product portfolio, valuation, and long-term growth prospects.

Q: Can Mysore Paints and Varnish benefit from India's infrastructure and election-related demand?
Answer: Yes. Continued government procurement, recurring election requirements, and demand for industrial paints and specialty coatings may support the company's long-term growth.