Paradise Steels Private Limited

Manufacturer and seller of stainless steel products, including patta/patti, circle, and more.

1993 | Jodhpur, Rajasthan (India) | Active
Last Updated:

Paradise Steels Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.42 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 5.95 Cr
  • Revenue Growth -15.01%
  • Profit Growth -29.37%
  • Ebitda -46.78%
  • Net Worth 0.60%
  • Total Assets 6.90%

About Paradise Steels

Paradise Steels Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 June 1993 and has a history of 31 years and eight months. Its registered office is in Jodhpur, Rajasthan, India.

The Company is engaged in the Metals And Minerals 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 9.00 M and a paid-up capital of Rs 8.42 M.

The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹5.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Lata Bhansali, Nishtha Bhansali, Rakshit Bhansali, and Three other members serve as directors at the Company.

Company Details

  • Location

    Jodhpur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107RJ1993PTC007454

  • Company No.

    007454

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Metals and Minerals

Who are the key members and board of directors at Paradise Steels?

Board Members (6)

NameDesignationAppointment DateStatus
Lata Bhansali Country flag representing In Director 16-Jun-2014Current
Nishtha Bhansali Country flag representing In Director 20-Apr-2022Current
Rakshit Bhansali Country flag representing In Director 02-Nov-1998Current
Kiran Devi Country flag representing In Director 30-Sep-2003Current
Mahavir Bhansali Country flag representing In Director 02-Nov-1998Current
Rahul Bhansali Country flag representing In Director 02-Nov-1998Current

Financial Performance of Paradise Steels.

Paradise Steels Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.01% decrease. The company also saw a substantial fall in profitability, with a 29.37% decrease in profit. The company's net worth moved up by a moderate rise of 0.6%.

Paradise Steels revenue growth over time
Paradise Steels 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
-15.01%
Revenue from Operations
-15.61%
Total Assets
6.90%
Profit or Loss
-29.37%
Net Worth
0.60%
EBITDA
-46.78%

What is the Ownership and Shareholding Structure of Paradise Steels?

In 2023, Paradise Steels 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

₹180.00 M

Satisfied Charges

₹59.45 M

Charges Breakdown by Lending Institutions

  • Others : 18.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Sep 2021Others₹9.00 CrOpen
30 Jul 2011Others₹9.00 CrOpen
21 Feb 2011Small Industries Development Bank Of India₹5.00 MSatisfied
24 Dec 2010Small Industries Development Bank Of India (Sidbi)₹7.50 MSatisfied
02 Jul 2008Small Industries Development Bank Of India₹1.00 CrSatisfied

How Many Employees Work at Paradise Steels?

Paradise Steels has a workforce of 60 employees as of Mar 31, 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.

Employee growth trends for Paradise Steels Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paradise Steels, 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 Paradise Steels'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 Paradise Steels

Recent activity within the organization

  • Annual General Meeting

    Paradise Steels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Paradise Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.

  • Charges

    A charge with Others of Rs. 90.00 M registered on 30 Jul 2011 with Charge ID 10300473 was modified on 02 Feb 2022.

  • Charges

    A charge with Others amounted to Rs. 90.00 M with Charge ID 100482824 was registered on 02 Sep 2021.

  • Charges

    A charge registered on 21 Feb 2011 via Charge ID 10266308 with Small Industries Development Bank Of India was fully satisfied on 20 Aug 2015.

  • Charges

    A charge registered on 24 Dec 2010 via Charge ID 10255470 with Small Industries Development Bank Of India (Sidbi) was fully satisfied on 20 Aug 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Paradise Steels Private Limited?

    Paradise Steels Private Limited was incorporated on 08 Jun 1993.

  • What is authorized share capital and paid-up capital of Paradise Steels Private Limited?

    The authorized share capital of Paradise Steels Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.42 M.

  • Who are the current board members & directors of Paradise Steels Private Limited?

    Currently 6 directors are associated with Paradise Steels Private Limited.

    • Lata Bhansali
    • Nishtha Bhansali
    • Rakshit Bhansali
    • Kiran Devi
    • Mahavir Chand Bhansali
    • Rahul Bhansali

  • What is the registered address of Paradise Steels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paradise Steels Private Limited is E-37 Mia Iind Phase Basni, India, Jodhpur, Rajasthan, 342005.

  • What is the corporate identification number (CIN) and company number of Paradise Steels Private Limited?

    The corporate identification number (CIN) of Paradise Steels Private Limited is U27107RJ1993PTC007454 and the company number is 007454 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Paradise Steels Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paradise Steels Private Limited has fallen by -15.01%.

  • How many employees does Paradise Steels Private Limited currently have?

    As Per 2023 financial reports, 60 employees are currently employed by Paradise Steels Private Limited.

  • What change has been observed in the net worth of Paradise Steels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paradise Steels Private Limited has experienced an upsurge of 0.60%.

  • What are the total open charges for Paradise Steels Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paradise Steels Private Limited amount to ₹ 18.00 Cr.

  • When was the last Balance Sheet of Paradise Steels Private Limited filed with the ROC?

    The most recent Balance Sheet for Paradise Steels Private Limited was filed with the ROC on 31 Mar 2023.