Par Lease And Finance Limited

Founded in 1994 and headquartered in Gujarat, India.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Par Lease And Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 0.37 M
  • Revenue Growth 61.71%
  • Profit Growth 78.29%
  • Net Worth 2.80%
  • Total Assets 2.62%

About Par Lease And Finance

Par Lease And Finance Limited (PLAFL) is a Public Limited Indian Non-Government Company incorporated in India on 10 November 1994 and has a history of 30 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 0.51 M.

The company has closed loans amounting to ₹0.37 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Rajesh Shah, Alka Shah, and Parth Shah serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1994PLC023545

  • Company No.

    023545

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Nov 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Company report

Par Lease And Finance Limited

Explore comprehensive data for Par Lease And Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Par Lease And Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Rajesh Shah Country flag representing In Director 10-Nov-1994Current
Alka Shah Country flag representing In Director 10-Nov-1994Current
Parth Shah Country flag representing In Director 01-Jul-2004Current

Financial Performance of Par Lease And Finance.

Par Lease And Finance Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 61.71% increase. The company also saw a substantial improvement in profitability, with a 78.29% increase in profit. The company's net worth moved up by a moderate rise of 2.8%.

Par Lease And Finance revenue growth over time
Par Lease And Finance 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
61.71%
Revenue from Operations
Total Assets
2.62%
Profit or Loss
78.29%
Net Worth
2.80%
EBITDA

What is the Ownership and Shareholding Structure of Par Lease And Finance?

In 2020, Par Lease And Finance 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

₹0

Satisfied Charges

₹0.37 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
24 Apr 1996Bank Of India₹0.37 MSatisfied

How Many Employees Work at Par Lease And Finance?

Unlock and access historical data on people associated with Par Lease And Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Par Lease And Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Par Lease And Finance, 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 Par Lease And Finance'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 Par Lease And Finance

Recent activity within the organization

  • Annual General Meeting

    Par Lease And Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Par Lease And Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 24 Apr 1996 via Charge ID 90098397 with Bank Of India was fully satisfied on 06 Jan 2022.

  • Director Appointment

    Parth Rajesh Shah was appointed as a Director was appointed as a Director on 01 Jul 2004 & has been associated with this company since 20 years 10 months .

  • Charges

    A charge with Bank Of India amounted to Rs. 0.37 M with Charge ID 90098397 was registered on 24 Apr 1996.

  • Director Appointment

    Rajesh Shah was appointed as a Director was appointed as a Director on 10 Nov 1994 & has been associated with this company since 30 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Par Lease And Finance Limited?

    Par Lease And Finance Limited was incorporated on 10 Nov 1994.

  • What is authorized share capital and paid-up capital of Par Lease And Finance Limited?

    The authorized share capital of Par Lease And Finance Limited is ₹ 2.50 M and paid-up capital is ₹ 0.51 M.

  • Who are the current board members & directors of Par Lease And Finance Limited?

    Currently 3 directors are associated with Par Lease And Finance Limited.

    • Rajesh Shah
    • Alka Rajesh Shah
    • Parth Rajesh Shah
  • What is the registered address of Par Lease And Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Par Lease And Finance Limited is 211 Kamal Complex Opp S B Snr Stadium Circle C G Road India, Ahmedabad, Gujarat, 380009.

  • What is the corporate identification number (CIN) and company number of Par Lease And Finance Limited?

    The corporate identification number (CIN) of Par Lease And Finance Limited is U65910GJ1994PLC023545 and the company number is 023545 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Par Lease And Finance Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Par Lease And Finance Limited has risen by 61.71%.

  • What change has been observed in the net worth of Par Lease And Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Par Lease And Finance Limited has experienced an upsurge of 2.80%.

  • When was the last Balance Sheet of Par Lease And Finance Limited filed with the ROC?

    The most recent Balance Sheet for Par Lease And Finance Limited was filed with the ROC on 31 Mar 2024.

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