Paaras Gsw Private Limited

Manufacturer of galvanized wire products with a monthly production capacity of 1,200 MT.

2016 | Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Paaras Gsw Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.68 Cr
  • Satisfied Charges ₹ 13.65 Cr
  • Revenue Growth 36.03%
  • Profit Growth 26.82%
  • Ebitda 216.66%
  • Net Worth 14.20%
  • Total Assets -3.72%

About Paaras Gsw

Paaras Gsw Private Limited (PGPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 August 2016 (Eight years and five months 19 days old ). Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹12.68 Cr. The company has closed loans amounting to ₹13.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Jain and Veena Jain serve as directors at the Company.

Company Details

  • Location

    Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    giwire.online

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109DL2016PTC304947

  • Company No.

    304947

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Paaras Gsw Private Limited offer?

Paaras Gsw Private Limited offers a wide range of products and services, including Metal and Alloy Wires, Steel Wire, Gate, Grilles, Fences & Railings, Plastic Fences, Metal Wire.

Who are the key members and board of directors at Paaras Gsw?

Board Members (2)

Name Designation Appointment Date Status
Nikhil Jain Country flag representing In Director 26-Aug-2016 Current
Veena Jain Country flag representing In Director 20-Mar-2019 Current

Financial Performance of Paaras Gsw.

Paaras Gsw Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.03% increase. The company also saw a substantial improvement in profitability, with a 26.82% increase in profit. The company's net worth Soared by an impressive increase of 14.2%.

Graph illustrating revenue growth over time
Graph showing 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
36.03%
Revenue from Operations
38.31%
Total Assets
-3.72%
Profit or Loss
26.82%
Net Worth
14.20%
EBITDA
216.66%

What is the Ownership and Shareholding Structure of Paaras Gsw?

In 2023, Paaras Gsw had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹126.82 M

Satisfied Charges

₹136.50 M

Charges Breakdown by Lending Institutions

  • Others : 12.68 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2023 Others ₹9.83 Cr Open
27 Jul 2023 Others ₹2.85 Cr Open
02 Nov 2021 Hdfc Bank Limited ₹7.36 Cr Satisfied
18 Jun 2020 Others ₹9.40 M Satisfied
03 Dec 2016 Others ₹1.20 Cr Satisfied

How Many Employees Work at Paaras Gsw?

Paaras Gsw has a workforce of 53 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paaras Gsw, 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 Paaras Gsw'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 Paaras Gsw

Recent activity within the organization

  • Charges

    A charge registered on 02 Nov 2021 via Charge ID 100505427 with Hdfc Bank Limited was fully satisfied on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Paaras Gsw Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 03 Dec 2016 via Charge ID 100068690 with Others was fully satisfied on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge registered on 03 Dec 2016 via Charge ID 100068909 with Others was fully satisfied on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge registered on 18 Jun 2020 via Charge ID 100348995 with Others was fully satisfied on 18 Sep 2023.

    18 Sep 2023

  • Charges

    A charge with Others of Rs. 98.32 M registered on 27 Jul 2023 with Charge ID 100775342 was modified on 11 Sep 2023.

    11 Sep 2023

Frequently asked questions

  • Paaras Gsw Private Limited was incorporated on 26 Aug 2016.

  • The authorized share capital of Paaras Gsw Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Paaras Gsw Private Limited.

    • Nikhil Jain
    • Veena Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paaras Gsw Private Limited is 10/21 Shakti Nagar Delhi Delhi, India, 110007.

  • The corporate identification number (CIN) of Paaras Gsw Private Limited is U27109DL2016PTC304947 and the company number is 304947 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paaras Gsw Private Limited is https://www.giwire.online

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paaras Gsw Private Limited has risen by 36.03%.

  • As Per 2023 financial reports, 53 employees are currently employed by Paaras Gsw Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paaras Gsw Private Limited has experienced an upsurge of 14.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paaras Gsw Private Limited amount to ₹ 12.68 Cr.

  • The most recent Balance Sheet for Paaras Gsw Private Limited was filed with the ROC on 31 Mar 2023.

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