Parag Engineering Products Private Limited

Established in 1964, this company processes bakery products from its Mumbai office.

1964 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Parag Engineering Products Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.04 M
  • Company Age 60 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.69 Cr
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth 6.40%
  • Profit Growth -7.59%
  • Ebitda -34.05%
  • Net Worth 5.70%
  • Total Assets -16.96%

About Parag Engineering Products

Parag Engineering Products Private Limited (PEPPL) was founded in India on 19 November 1964 and has a glorious history of 60 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Food And Beverages 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 2.00 M and a paid-up capital of Rs 1.04 M.

The company currently has active open charges totaling ₹2.69 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Vasant Rajyagor, Hasmukh Mehta, and Sharad Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28100MH1964PTC013060

  • Company No.

    013060

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1964

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Food and Beverages

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

Board Members (3)

NameDesignationAppointment DateStatus
Sharad Mehta Country flag representing In Director 15-Jul-1994Current
Vasant Rajyagor Country flag representing In Director 07-Feb-1992Current
Hasmukh Mehta Country flag representing In Director 01-May-1994Current

Financial Performance of Parag Engineering Products.

Parag Engineering Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.4% increase. The company also saw a slight decrease in profitability, with a 7.59% decrease in profit. The company's net worth moved up by a moderate rise of 5.7%.

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
6.40%
Revenue from Operations
6.42%
Total Assets
-16.96%
Profit or Loss
-7.59%
Net Worth
5.70%
EBITDA
-34.05%

What is the Ownership and Shareholding Structure of Parag Engineering Products?

In 2023, Parag Engineering Products had a promoter holding of 12.00% and a public holding of 88.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.89 M

Satisfied Charges

₹7.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr
  • The North Kanara G. S. B. Bank Ltd : 0.51 Cr
  • Canara Bank : 0.10 Cr
  • Citycorp Finance (India) Ltd. : 0.04 Cr
  • Maharashtra State Financial Corporation : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2012Axis Bank Limited₹2.00 CrOpen
15 Jul 2004Citycorp Finance (India) Ltd.₹0.43 MOpen
21 Oct 1993The North Kanara G. S. B. Bank Ltd₹0.20 MOpen
21 Oct 1993The North Kanara G. S. B. Bank Ltd₹0.20 MOpen
05 Mar 1993The North Kanara G. S. B. Bank Ltd₹4.73 MOpen

How Many Employees Work at Parag Engineering Products?

Parag Engineering Products has a workforce of 55 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Engineering 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 Parag Engineering Products'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 Engineering Products

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Parag Engineering Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 M registered on 17 May 2012 with Charge ID 10361382 was modified on 14 Aug 2017.

    14 Aug 2017

  • Charges

    A charge registered on 27 Feb 2007 via Charge ID 10053907 with Citi Bank N.A. was fully satisfied on 03 Dec 2012.

    03 Dec 2012

  • Charges

    A charge registered on 31 Oct 2007 via Charge ID 10073435 with Citi Bank N.A. was fully satisfied on 27 Nov 2012.

    27 Nov 2012

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 10361382 was registered on 17 May 2012.

    17 May 2012

Frequently asked questions

  • Parag Engineering Products Private Limited was incorporated on 19 Nov 1964.

  • The authorized share capital of Parag Engineering Products Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.04 M.

  • Currently 3 directors are associated with Parag Engineering Products Private Limited.

    • Vasant Meghji Rajyagor
    • Hasmukh Meghji Mehta
    • Sharad Meghji Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Engineering Products Private Limited is 121 Government Industrial Estate Kandivali W, Mumbai, Maharashtra, India.

  • The corporate identification number (CIN) of Parag Engineering Products Private Limited is U28100MH1964PTC013060 and the company number is 013060 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parag Engineering Products Private Limited has risen by 6.40%.

  • As Per 2023 financial reports, 55 employees are currently employed by Parag Engineering Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parag Engineering Products Private Limited has experienced an upsurge of 5.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parag Engineering Products Private Limited amount to ₹ 2.69 Cr.

  • The most recent Balance Sheet for Parag Engineering Products Private Limited was filed with the ROC on 31 Mar 2023.