Para Enterprises Profile
Key Indicators
- Authorised Capital ₹ 11.50 Cr
- Paid Up Capital ₹ 11.07 Cr
- Company Age 28 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 111.64 Cr
- Satisfied Charges ₹ 97.62 Cr
- Revenue Growth -66.03%
- Profit Growth 30.53%
- Ebitda -16391.06%
- Net Worth -8.36%
- Total Assets 18.89%
About Para Enterprises
Para Enterprises Private Limited (PEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 December 1996 and has a history of 28 years and four months. Its registered office is in Sivakasi, Tamil Nadu, India.
The Corporate was formerly known as Pioneer Wincon Limited. The Company is engaged in the Energy And Power 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 11.50 Cr and a paid-up capital of Rs 11.07 Cr.
The company currently has active open charges totaling ₹111.64 Cr. The company has closed loans amounting to ₹97.62 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Para Enterprises Private Limited India is Natarajan Selvaraj as COMPANY SECRETARY. Annamalai Pramodsankar, Sankaralingam Maheswaran, and Pradeep Maheswaran serve as directors at the Company.
Company Details
- Location
Sivakasi, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U22130TN1996PTC037121
- Company No.
037121
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Dec 1996
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Energy and Power
Para Enterprises Private Limited
Explore comprehensive data for Para Enterprises Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Para Enterprises?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Natarajan Selvaraj | Company Secretary | 04-Apr-2024 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Annamalai Pramodsankar  | Director | 08-Dec-2016 | Current |
| Sankaralingam Maheswaran | Director | 13-Dec-1996 | Current |
| Pradeep Maheswaran | Director | 15-Mar-2013 | Current |
Financial Performance of Para Enterprises.
Para Enterprises Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.03% decrease. The company also saw a substantial improvement in profitability, with a 30.53% increase in profit. The company's net worth dipped by a decrease of 8.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Para Enterprises?
In 2023, Para Enterprises had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamarai Homes Private LimitedPradeep Maheswaran is a mutual person
Solopioneer Match Private LimitedAnnamalai Pramodsankar and Pradeep Maheswaran are mutual person
Meenasankar Enterprises Private LimitedPradeep Maheswaran is a mutual person
Pioneer Xenergy Private LimitedSankaralingam Maheswaran and Pradeep Maheswaran are mutual person
Pioneer Nf Forgings India Private LimitedSankaralingam Maheswaran and Pradeep Maheswaran are mutual person
Pioneer Jellice India Private LimitedSankaralingam Maheswaran and Pradeep Maheswaran are mutual person
Charges (Loans)
Open Charges
₹111.64 Cr
Satisfied Charges
₹97.62 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 81.86 Cr
- Others : 29.47 Cr
- Lakshmi Vilas Bank Limited : 0.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2020 | Others | ₹29.47 Cr | Open |
| 14 Dec 2018 | Lakshmi Vilas Bank Limited | ₹3.10 M | Open |
| 13 Dec 2006 | Indian Overseas Bank | ₹81.86 Cr | Open |
| 29 Jan 2013 | Hdfc Bank Limited | ₹1.25 Cr | Satisfied |
| 22 Mar 2012 | Lakshmi Vilas Bank Limited | ₹6.00 Cr | Satisfied |
How Many Employees Work at Para Enterprises?
Para Enterprises has a workforce of 23 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Para Enterprises, 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 Para Enterprises'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.
Latest Updates, News, and FAQs on Para Enterprises
Recent activity within the organization
- Director Appointment
Natarajan Selvaraj was appointed as a Company Secretary was appointed as a Company Secretary on 04 Apr 2024 & has been associated with this company since 1 year 1 month .
- Annual General Meeting
Para Enterprises Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Balance Sheet
Para Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 29.47 Cr with Charge ID 100397236 was registered on 11 Jun 2020.
- Charges
A charge with Lakshmi Vilas Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100228575 was registered on 14 Dec 2018.
- Director Appointment
Annamalai Pramodsankar was appointed as a Director was appointed as a Director on 08 Dec 2016 & has been associated with this company since 8 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Para Enterprises Private Limited?
Para Enterprises Private Limited was incorporated on 13 Dec 1996.
What is authorized share capital and paid-up capital of Para Enterprises Private Limited?
The authorized share capital of Para Enterprises Private Limited is ₹ 11.50 Cr and paid-up capital is ₹ 11.07 Cr.
Who are the current board members & directors of Para Enterprises Private Limited?
Currently 4 directors are associated with Para Enterprises Private Limited.
- Natarajan Selvaraj
- Annamalai Pramodsankar
- Sankaralingam Maheswaran
- Pradeep Sankar Maheswaran
What is the registered address of Para Enterprises Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Para Enterprises Private Limited is Boopathy Buildings 17-A Virudhunagar Road, Sivakasi, Tamil Nadu, India, 626123.
What is the corporate identification number (CIN) and company number of Para Enterprises Private Limited?
The corporate identification number (CIN) of Para Enterprises Private Limited is U22130TN1996PTC037121 and the company number is 037121 as per Ministry of Corporate Affairs (MCA).
What is the official website of Para Enterprises Private Limited?
The Official website of Para Enterprises Private Limited is https://www.pioneerwincon.com
What has been the recent revenue trend for Para Enterprises Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Para Enterprises Private Limited has fallen by -66.03%.
How many employees does Para Enterprises Private Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Para Enterprises Private Limited.
What change has been observed in the net worth of Para Enterprises Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Para Enterprises Private Limited has experienced an downturn of -8.36%.
What are the total open charges for Para Enterprises Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Para Enterprises Private Limited amount to ₹ 111.64 Cr.
When was the last Balance Sheet of Para Enterprises Private Limited filed with the ROC?
The most recent Balance Sheet for Para Enterprises Private Limited was filed with the ROC on 31 Mar 2023.
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