Panax Appliances Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 12-07-2024
- Paid Up Capital ₹ 9.08 M
as on 12-07-2024
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 2.40 Cr
as on 12-07-2024
- Revenue %
(FY 2022)
- Profit 100.38%
(FY 2022)
- Net Worth 215.38%
(FY 2022)
- Total Assets 25.92%
(FY 2022)
About Panax Appliances
The Company is engaged in the Consumer Electronics & Durables 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 Cr and a paid-up capital of Rs 9.08 M.
The company has closed loans amounting to ₹2.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Jayessh Shah, Mahendra Sanghvi, and Laxman Bhogilal serve as directors at the Company.
- CIN/LLPIN
U31102GJ1999PTC036606
- Company No.
036606
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Sep 1999
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Panax Appliances?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jayessh Shah  | Director | 18-Dec-1999 | Current |
Mahendra Sanghvi  | Director | 25-Sep-1999 | Current |
| Laxman Bhogilal | Director | 21-Sep-1999 | Current |
Financial Performance and Corporate Structure Insights of Panax Appliances.
Panax Appliances Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 100.38% increase in profit. The company's net worth Soared by an impressive increase of 215.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Panax Appliances?
In 2020, Panax Appliances had a promoter holding of 16.88% and a public holding of 83.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Organization Of Plastics Processors Of IndiaActive 40 years 8 monthsMahendra Sanghvi is a mutual person
Shaily Engineering Plastics LimitedActive 44 years 8 monthsMahendra Sanghvi and Laxman Bhogilal are mutual person
- Shaily Idc (India) Private LimitedActive 24 years 22 days
Mahendra Sanghvi and Laxman Bhogilal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Shree Swaminarayan Co Op Bank Ltd Creation Date: 21 Jan 2000 | ₹4.00 M | Satisfied |
Shree Swaminarayan Co Op Bank Ltd Creation Date: 19 Jan 2000 | ₹2.00 Cr | Satisfied |
How Many Employees Work at Panax Appliances?
Unlock and access historical data on people associated with Panax Appliances, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Panax Appliances, 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 Panax Appliances's trajectory.
Rating
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
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.
