Paracoat Products Ltd logo

Paracoat Products Ltd

Manufacturer of NVH insulation products for automotive and white goods industry, with global presence.
1989 | Kolkata, West Bengal (India) | Active

Last Updated:

October 23, 2024
HomeCompanyParacoat Products Ltd

Who are the key members and board of directors at Paracoat Products?

Board Members(8)

NameDesignationAppointment DateStatus
Ravi Poddar In Whole-Time Director 25-Jun-2018Current
Rama Pandey In Director 23-Apr-2024Current
Rajesh Poddar In Whole-Time Director 17-Jun-1991Current
Navin Banka In Whole-Time Director 15-Jul-2013Current
Atmaram Poddar In Whole-Time Director 24-Jan-1989Current
Gurpur Kamath In Director 30-Mar-2015Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.52%
Revenue from Operations
49.55%
Total Assets
24.88%
Profit or Loss
623.95%
Net Worth
26.11%
EBITDA
101.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹59.64 Cr

₹80.26 Cr

LenderAmountStatus

Others

Creation Date: 05 Apr 2024
₹9.14 MOpen

Canara Bank

Creation Date: 24 Aug 2023
₹1.46 MOpen

Canara Bank

Creation Date: 20 Apr 2023
₹0.79 MOpen

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.

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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 6 months 30 days .

    23 May 2024

  • Charges

    A charge registered on 29 May 2017 via Charge ID 100112232 with Hdfc Bank Limited was fully satisfied on 14 May 2024.

    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 7 months 29 days .

    23 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 0.91 Cr with Charge ID 100915695 was registered on 05 Apr 2024.

    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.

    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.

    23 Dec 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Paracoat Products Ltd was incorporated on 24 Jan 1989.

  • The authorized share capital of Paracoat Products Ltd is ₹ 5.50 Cr and paid-up capital is ₹ 3.96 Cr.

  • 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
  • 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.

  • The corporate identification number (CIN) of Paracoat Products Ltd is U24121WB1989PLC046056 and the company number is 046056 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paracoat Products Ltd is https://www.paracoatproducts.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paracoat Products Ltd has risen by 49.52%.

  • As Per 2023 financial reports, 584 employees are currently employed by Paracoat Products Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paracoat Products Ltd has experienced an upsurge of 26.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paracoat Products Ltd amount to ₹ 59.64 Cr.

  • The most recent Balance Sheet for Paracoat Products Ltd was filed with the ROC on 31 Mar 2023.

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