Parag Electrodes Agencies Private Limited logo

Parag Electrodes Agencies Private Limited

Distributor of welding electrodes, machines, and equipment to various industries under own brand.
1995 | Ahmedabad, Gujarat (India) | Active

Last Updated:

November 16, 2024
HomeCompanyParag Electrodes Agencies Private Limited

Who are the key members and board of directors at Parag Electrodes Agencies?

Board Members(5)

NameDesignationAppointment DateStatus
Ashwin Kayastha In Director 22-Nov-1995Current
Parag Mashruwala In Director 20-Nov-1995Current
Pallavi Parag In Director 20-Nov-1995Current
Miraj Mashruwala In Director 25-Dec-2008Current
Mashruwala Parag In Director 01-Nov-2009Current

Financial Performance of Parag Electrodes Agencies.

Parag Electrodes Agencies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.84% increase. The company also saw a substantial improvement in profitability, with a 51.7% increase in profit. The company's net worth Soared by an impressive increase of 13.7%.

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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
23.84%
Revenue from Operations
20.56%
Total Assets
15.92%
Profit or Loss
51.70%
Net Worth
13.70%
EBITDA
-2.56%

Charges (Loans)

Satisfied Charges

₹6.50 M

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 07 Feb 2018
₹6.00 MSatisfied

Punjab National Bank

Creation Date: 10 Feb 1998
₹0.50 MSatisfied

How Many Employees Work at Parag Electrodes Agencies?

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

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Rating

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Latest Updates, News, and FAQs on Parag Electrodes Agencies

Recent activity within the organization

  • Annual General Meeting

    Parag Electrodes Agencies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Parag Electrodes Agencies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 07 Feb 2018 via Charge ID 100169071 with Hdfc Bank Limited was fully satisfied on 04 Feb 2022.

    04 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.00 M with Charge ID 100169071 was registered on 07 Feb 2018.

    07 Feb 2018

  • Charges

    A charge registered on 10 Feb 1998 via Charge ID 90109745 with Punjab National Bank was fully satisfied on 02 Jun 2011.

    02 Jun 2011

  • Director Appointment

    Mashruwala Ninad Parag was appointed as a Director was appointed as a Director on 01 Nov 2009 & has been associated with this company since 15 years 2 months .

    01 Nov 2009

Frequently asked questions

  • Parag Electrodes Agencies Private Limited was incorporated on 20 Nov 1995.

  • The authorized share capital of Parag Electrodes Agencies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.34 M.

  • Currently 5 directors are associated with Parag Electrodes Agencies Private Limited.

    • Ashwin Vijaykumar Kayastha
    • Parag Krishnakant Mashruwala
    • Pallavi Mashruwala Parag
    • Miraj Paragbhai Mashruwala
    • Mashruwala Ninad Parag
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Electrodes Agencies Private Limited is B/4 Upashana Apartmentss M Road Ambawadi India, Ahmedbad, Gujarat, 380015.

  • The corporate identification number (CIN) of Parag Electrodes Agencies Private Limited is U51909GJ1995PTC028171 and the company number is 028171 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parag Electrodes Agencies Private Limited is https://www.paragweld.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parag Electrodes Agencies Private Limited has risen by 23.84%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parag Electrodes Agencies Private Limited has experienced an upsurge of 13.70%.

  • The most recent Balance Sheet for Parag Electrodes Agencies Private Limited was filed with the ROC on 31 Mar 2024.

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