Parag Industrial Equipments Private Limited

Manufactures industrial equipment for chemical, drug, and pesticide plants.

1998 | Valsad, Gujarat (India) | Active
Last Updated: December 13, 2024

Parag Industrial Equipments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.13 M
  • Company Age 27 Year, 6 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.50 Cr
  • Revenue Growth %
  • Profit Growth -284.38%
  • Ebitda -264.70%
  • Net Worth 540.31%
  • Total Assets 355.47%

About Parag Industrial Equipments

Parag Industrial Equipments Private Limited (PIEPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 February 1998 and has a history of 27 years. Its registered office is in Valsad, Gujarat, India.

The Company is engaged in the Pharma 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 Cr and a paid-up capital of Rs 7.13 M.

The company currently has active open charges totaling ₹21.50 Cr.

Jayantilal Gami, Girishkumar Bhootaka, Sureshkumar Deria, and Three other members serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mechengineers.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36999GJ1998PTC033656

  • Company No.

    033656

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1998

  • Date of AGM

    31 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Pharma
Machinery and Equipment

Who are the key members and board of directors at Parag Industrial Equipments?

Board Members (6)

Name Designation Appointment Date Status
Sanjaybhai Bhootaka Country flag representing In Director 21-May-2021 Current
Girishkumar Bhootaka Country flag representing In Director 24-Dec-2002 Current
Jayantilal Gami Country flag representing In Director 09-Feb-1998 Current
Sureshkumar Deria Country flag representing In Director 24-Dec-2002 Current
Varshaben Bhootaka Country flag representing In Director 21-May-2021 Current
Jagdishbhai Bhootaka Country flag representing In Director 21-May-2021 Current

Financial Performance of Parag Industrial Equipments.

Parag Industrial Equipments Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 284.38% decrease in profit. The company's net worth Soared by an impressive increase of 540.31%.

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
Revenue from Operations
Total Assets
355.47%
Profit or Loss
-284.38%
Net Worth
540.31%
EBITDA
-264.70%

What is the Ownership and Shareholding Structure of Parag Industrial Equipments?

In 2022, Parag Industrial Equipments had a promoter holding of 6.99% and a public holding of 93.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 21.50 Cr

Latest Charge Details

Date Lender Amount Status
03 Nov 2021 Hdfc Bank Limited ₹21.50 Cr Open

How Many Employees Work at Parag Industrial Equipments?

Unlock and access historical data on people associated with Parag Industrial Equipments, 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 Industrial Equipments, 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 Industrial Equipments'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 Industrial Equipments

Recent activity within the organization

  • Annual General Meeting

    Parag Industrial Equipments Private Limited last Annual general meeting of members was held on 31 Aug 2024 as per latest MCA records.

    31 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 21.50 Cr with Charge ID 100508625 was registered on 03 Nov 2021.

    03 Nov 2021

  • Director Appointment

    Sanjaybhai Bhagwanbhai Bhootaka was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 8 months .

    21 May 2021

  • Director Appointment

    Varshaben Girishkumar Bhootaka was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 8 months .

    21 May 2021

  • Director Appointment

    Jagdishbhai Bhagavanbhai Bhootaka was appointed as a Director was appointed as a Director on 21 May 2021 & has been associated with this company since 3 years 8 months .

    21 May 2021

Frequently asked questions

  • Parag Industrial Equipments Private Limited was incorporated on 09 Feb 1998.

  • The authorized share capital of Parag Industrial Equipments Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.13 M.

  • Currently 6 directors are associated with Parag Industrial Equipments Private Limited.

    • Jayantilal Andarabhai Gami
    • Girishkumar Khodabhai Bhootaka
    • Sureshkumar Motilal Deria
    • Sanjaybhai Bhagwanbhai Bhootaka
    • Varshaben Girishkumar Bhootaka
    • Jagdishbhai Bhagavanbhai Bhootaka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Industrial Equipments Private Limited is Plot No 803/1 New Gidcgundlav India, Valsad, Gujarat, 396035.

  • The corporate identification number (CIN) of Parag Industrial Equipments Private Limited is U36999GJ1998PTC033656 and the company number is 033656 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parag Industrial Equipments Private Limited is https://www.mechengineers.net

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parag Industrial Equipments Private Limited has experienced an upsurge of 540.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parag Industrial Equipments Private Limited amount to ₹ 21.50 Cr.

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

Similar Companies Based on Industrial Machinery Manufacturing