Parag Fans And Cooling Systems Limited

Manufactures and exports FRP fans and related components for industrial ventilation.

1991 | Dewas, Madhya Pradesh (India) | Active
Last Updated:

Parag Fans And Cooling Systems Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.89 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.61 Cr
  • Satisfied Charges ₹ 2.39 Cr
  • Revenue Growth 20.49%
  • Profit Growth 4.61%
  • Ebitda -6.83%
  • Net Worth 21.26%
  • Total Assets -5.64%

About Parag Fans And Cooling Systems

Parag Fans And Cooling Systems Limited (PFACSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 November 1991 and has a history of 33 years and four months. Its registered office is in Dewas, Madhya Pradesh, India.

The Corporate was formerly known as Parag Enterprises Private Limited. 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 12.00 Cr and a paid-up capital of Rs 10.89 Cr.

The company currently has active open charges totaling ₹6.61 Cr. The company has closed loans amounting to ₹2.39 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parag Fans And Cooling Systems Limited India are Pooja Chauhan as COMPANY SECRETARY and Mr Takwale as Cfo. Sandeep Badjatia, Umesh Nambiar, Deepak Pagnis, and Two other members serve as directors at the Company.

Company Details

  • Location

    Dewas, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51102MP1991PLC006760

  • Company No.

    006760

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Nov 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Machinery and Equipment

What products or services does Parag Fans And Cooling Systems Limited offer?

Parag Fans And Cooling Systems Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Tower Parts, Domestic Fans, AC & Coolers, Fan Blades, Architectural & Civil Engineering, Architectural Services, Heat Exchanger Parts, Wire Mesh & Gratings, Gratings, Technology Support Services.

Who are the key members and board of directors at Parag Fans And Cooling Systems?

Executive Team (2)

NameDesignationAppointment DateStatus
Pooja Chauhan Company Secretary06-Dec-2022Current
Mr Takwale Country flag representing In CFO01-Sep-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Sandeep Badjatia Country flag representing In Director 10-Dec-2008Current
Umesh Nambiar Country flag representing In Whole-Time Director 04-Feb-2009Current
Deepak Pagnis Country flag representing In Whole-Time Director 04-Feb-2009Current
Surendrakumar Badjatia Country flag representing In Director 18-Jan-2017Current
Neelam Tanwani Country flag representing In Director 30-May-2023Current

Financial Performance of Parag Fans And Cooling Systems.

Parag Fans And Cooling Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.49% increase. The company also saw a slight improvement in profitability, with a 4.61% increase in profit. The company's net worth Soared by an impressive increase of 21.26%.

Parag Fans And Cooling Systems revenue growth over time
Parag Fans And Cooling Systems 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
20.49%
Revenue from Operations
19.72%
Total Assets
-5.64%
Profit or Loss
4.61%
Net Worth
21.26%
EBITDA
-6.83%

What is the Ownership and Shareholding Structure of Parag Fans And Cooling Systems?

In 2023, Parag Fans And Cooling Systems had a promoter holding of 70.00% and a public holding of 30.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.61 Cr

Satisfied Charges

₹2.39 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.91 Cr
  • Bank Of India : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
22 Dec 2021Bank Of India₹7.00 MOpen
11 May 2002Others₹5.91 CrOpen
06 Dec 2012Bank Of India₹4.44 MSatisfied
29 Aug 1998Technology Information Forcasting & Assesment Council₹1.06 CrSatisfied
04 Sep 1996Bank Of India₹1.00 MSatisfied

How Many Employees Work at Parag Fans And Cooling Systems?

Parag Fans And Cooling Systems has a workforce of 20 employees as of Apr 02, 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 Parag Fans And Cooling Systems Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Fans And Cooling Systems, 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 Fans And Cooling Systems'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 Fans And Cooling Systems

Recent activity within the organization

  • Annual General Meeting

    Parag Fans And Cooling Systems Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Parag Fans And Cooling Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

  • Charges

    A charge registered on 06 Dec 2012 via Charge ID 10394890 with Bank Of India was fully satisfied on 03 Nov 2023.

  • Director Appointment

    Pooja Chauhan was appointed as a Company Secretary was appointed as a Company Secretary on 06 Dec 2022 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Bank Of India amounted to Rs. 0.70 Cr with Charge ID 100514168 was registered on 22 Dec 2021.

  • Charges

    A charge with Others of Rs. 5.91 Cr registered on 11 May 2002 with Charge ID 90209053 was modified on 25 Jun 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Parag Fans And Cooling Systems Limited?

    Parag Fans And Cooling Systems Limited was incorporated on 14 Nov 1991.

  • What is authorized share capital and paid-up capital of Parag Fans And Cooling Systems Limited?

    The authorized share capital of Parag Fans And Cooling Systems Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.89 Cr.

  • Who are the current board members & directors of Parag Fans And Cooling Systems Limited?

    Currently 7 directors are associated with Parag Fans And Cooling Systems Limited.

    • Sandeep Surendrakumar Badjatia
    • Umesh Nambiar
    • Deepak Pagnis
    • Surendrakumar Badjatia
    • Pooja Chauhan
    • Mr Gajendra Takwale
    • Neelam Tanwani

  • What is the registered address of Parag Fans And Cooling Systems Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parag Fans And Cooling Systems Limited is 1/2 1B/3A Industrial Area No. 1 A B Road India, Dewas, Madhya Pradesh, 455001.

  • What is the corporate identification number (CIN) and company number of Parag Fans And Cooling Systems Limited?

    The corporate identification number (CIN) of Parag Fans And Cooling Systems Limited is U51102MP1991PLC006760 and the company number is 006760 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parag Fans And Cooling Systems Limited?

    The Official website of Parag Fans And Cooling Systems Limited is https://www.paragfans.com

  • What has been the recent revenue trend for Parag Fans And Cooling Systems Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parag Fans And Cooling Systems Limited has risen by 20.49%.

  • How many employees does Parag Fans And Cooling Systems Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Parag Fans And Cooling Systems Limited.

  • What change has been observed in the net worth of Parag Fans And Cooling Systems Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parag Fans And Cooling Systems Limited has experienced an upsurge of 21.26%.

  • What are the total open charges for Parag Fans And Cooling Systems Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parag Fans And Cooling Systems Limited amount to ₹ 6.61 Cr.

  • When was the last Balance Sheet of Parag Fans And Cooling Systems Limited filed with the ROC?

    The most recent Balance Sheet for Parag Fans And Cooling Systems Limited was filed with the ROC on 31 Mar 2024.

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