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: February 12, 2025

Parag Electrodes Agencies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.34 M
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 65.24%
  • Profit Growth 43.92%
  • Ebitda -218.43%
  • Net Worth 9.93%
  • Total Assets 7.67%

About Parag Electrodes Agencies

Parag Electrodes Agencies Private Limited (PEAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 November 1995 and has a history of 29 years and three months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.34 M.

The company has closed loans amounting to ₹6.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashwin Kayastha, Parag Mashruwala, Pallavi Parag, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paragweld.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ1995PTC028171

  • Company No.

    028171

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Parag Electrodes Agencies Private Limited offer?

Parag Electrodes Agencies Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, Metal Forming Machine, Welding Equipments & Machinery, Arc Welding Machines, Diodes & Electronic Active Devices, Thyristors, Cutting Machines & Equipment, Metal Cutting Machines, Gas Welder, Welding Machine.

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

Board Members (5)

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

Financial Performance of Parag Electrodes Agencies.

Parag Electrodes Agencies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 65.24% increase. The company also saw a substantial improvement in profitability, with a 43.92% increase in profit. The company's net worth moved up by a moderate rise of 9.93%.

Graph illustrating revenue growth over time
Graph showing 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
65.24%
Revenue from Operations
66.37%
Total Assets
7.67%
Profit or Loss
43.92%
Net Worth
9.93%
EBITDA
-218.43%

What is the Ownership and Shareholding Structure of Parag Electrodes Agencies?

In 2023, Parag Electrodes Agencies had a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.60 Cr
  • Punjab National Bank : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
07 Feb 2018Hdfc Bank Limited₹6.00 MSatisfied
10 Feb 1998Punjab National Bank₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Electrodes Agencies, 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 Parag Electrodes Agencies'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 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 3 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 2022, the revenue trend for Parag Electrodes Agencies Private Limited has risen by 65.24%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parag Electrodes Agencies Private Limited has experienced an upsurge of 9.93%.

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

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