Paracoat Products Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
- Paid Up Capital ₹ 3.96 Cr
- Company Age 36 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 59.64 Cr
- Satisfied Charges ₹ 80.26 Cr
- Revenue Growth 49.52%
- Profit Growth 623.95%
- Ebitda 101.83%
- Net Worth 26.11%
- Total Assets 24.88%
About Paracoat Products
Paracoat Products Ltd (PPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 January 1989 and has a history of 36 years and two months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as Paracoat Products Private Limited. The Company is engaged in the Automotive 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 5.50 Cr and a paid-up capital of Rs 3.96 Cr.
The company currently has active open charges totaling ₹59.64 Cr. The company has closed loans amounting to ₹80.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajesh Poddar, Ravi Poddar, Navin Banka, and Five other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24121WB1989PLC046056
- Company No.
046056
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jan 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Automotive
Paracoat Products Ltd
Explore comprehensive data for Paracoat Products Ltd, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Paracoat Products?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Poddar  | Whole-Time Director | 25-Jun-2018 | Current |
| Rama Pandey | Director | 23-Apr-2024 | Current |
| Rajesh Poddar | Whole-Time Director | 17-Jun-1991 | Current |
| Navin Banka | Whole-Time Director | 15-Jul-2013 | Current |
| Atmaram Poddar | Whole-Time Director | 24-Jan-1989 | Current |
| Gurpur Kamath | Director | 30-Mar-2015 | Current |
Financial Performance of Paracoat Products.
Paracoat Products Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 49.52% increase. The company also saw a substantial improvement in profitability, with a 623.95% increase in profit. The company's net worth Soared by an impressive increase of 26.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paracoat Products?
In 2023, Paracoat Products had a promoter holding of 32.57% and a public holding of 67.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Planting Root Technology Private LimitedRajesh Poddar is a mutual person
Management & Entrepreneurship And Professional Skills CouncilRama Pandey is a mutual person
Lalwani Ferro Alloys LtdVenus Kedia is a mutual person
Alankar Automotives Private LimitedRama Pandey is a mutual person
Niraj Infracapital LimitedGurpur Kamath is a mutual person
2Cool Pcp India LlpRajesh Poddar is a mutual person
Charges (Loans)
Open Charges
₹59.64 Cr
Satisfied Charges
₹80.26 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 34.32 Cr
- Others : 23.92 Cr
- Hdfc Bank Limited : 1.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2024 | Others | ₹9.14 M | Open |
| 24 Aug 2023 | Canara Bank | ₹1.46 M | Open |
| 20 Apr 2023 | Canara Bank | ₹0.79 M | Open |
| 23 Mar 2023 | Hdfc Bank Limited | ₹2.86 M | Open |
| 04 Feb 2023 | Canara Bank | ₹1.47 M | Open |
How Many Employees Work at Paracoat Products?
Paracoat Products has a workforce of 584 employees as of Mar 29, 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 Paracoat Products, 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 Paracoat Products'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 Paracoat Products
Recent activity within the organization
- Director Appointment
Venus Kedia was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 10 months 21 days .
- Charges
A charge registered on 29 May 2017 via Charge ID 100112232 with Hdfc Bank Limited was fully satisfied on 14 May 2024.
- Director Appointment
Rama Shankar Pandey was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 11 months 21 days .
- Charges
A charge with Others amounted to Rs. 0.91 Cr with Charge ID 100915695 was registered on 05 Apr 2024.
- Charges
A charge with Others of Rs. 10.03 Cr registered on 15 Jun 2018 with Charge ID 100189135 was modified on 27 Mar 2024.
- Charges
A charge with Canara Bank of Rs. 32.00 Cr registered on 23 Jun 1998 with Charge ID 90252753 was modified on 23 Dec 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Paracoat Products Ltd?
Paracoat Products Ltd was incorporated on 24 Jan 1989.
What is authorized share capital and paid-up capital of Paracoat Products Ltd?
The authorized share capital of Paracoat Products Ltd is ₹ 5.50 Cr and paid-up capital is ₹ 3.96 Cr.
Who are the current board members & directors of Paracoat Products Ltd?
Currently 8 directors are associated with Paracoat Products Ltd.
- Rajesh Poddar
- Ravi Poddar
- Navin Banka
- Atmaram Poddar
- Gurpur Ramdas Kamath
- Rama Shankar Pandey
- Venus Kedia
- Ranen Chatterjee
What is the registered address of Paracoat Products Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Paracoat Products Ltd is 3A Ram Mohan Mullick Garden Lane 2Nd Floor Unit No-1E, India, Kolkata, West Bengal, 700010.
What is the corporate identification number (CIN) and company number of Paracoat Products Ltd?
The corporate identification number (CIN) of Paracoat Products Ltd is U24121WB1989PLC046056 and the company number is 046056 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paracoat Products Ltd?
The Official website of Paracoat Products Ltd is https://www.paracoatproducts.com
What has been the recent revenue trend for Paracoat Products Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Paracoat Products Ltd has risen by 49.52%.
How many employees does Paracoat Products Ltd currently have?
As Per 2023 financial reports, 584 employees are currently employed by Paracoat Products Ltd.
What change has been observed in the net worth of Paracoat Products Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paracoat Products Ltd has experienced an upsurge of 26.11%.
What are the total open charges for Paracoat Products Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Paracoat Products Ltd amount to ₹ 59.64 Cr.
When was the last Balance Sheet of Paracoat Products Ltd filed with the ROC?
The most recent Balance Sheet for Paracoat Products Ltd was filed with the ROC on 31 Mar 2023.
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