Parag Steel & Alloys Private Limited

Wholesale trading of iron, steel, and industrial supplies, including various grades and forms.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: June 16, 2024

Parag Steel & Alloys Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -4.25%
  • Profit Growth -29.15%
  • Ebitda -17.11%
  • Net Worth 22.67%
  • Total Assets 0.51%

About Parag Steel & Alloys

Parag Steel & Alloys Private Limited (PSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 August 2007 and has a history of 17 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹1.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Romick Shah, Mitesh Shah, Parag Shah, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100MH2007PTC173193

  • Company No.

    173193

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Parag Steel & Alloys Private Limited offer?

Parag Steel & Alloys Private Limited offers a wide range of products and services, including Mild Steel Bars, Mild Steel Round Bar, Steel Rods, Alloy Steel Rod, Steel Round Bars, Round Steel Bar, Stainless Steel Round Bar, Copper & Brass Products, Copper Strips, Rod and Bars.

Who are the key members and board of directors at Parag Steel & Alloys?

Board Members (7)

Name Designation Appointment Date Status
Yash Shah Country flag representing In Director 12-Feb-2021 Current
Rajesh Shah Country flag representing In Director 17-Aug-2007 Current
Romick Shah Country flag representing In Director 12-Feb-2021 Current
Mitesh Shah Country flag representing In Director 17-Aug-2007 Current
Parag Shah Country flag representing In Director 17-Aug-2007 Current
Kamlesh Shah Country flag representing In Director 17-Aug-2007 Current

Financial Performance of Parag Steel & Alloys.

Parag Steel & Alloys Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.25% decrease. The company also saw a substantial fall in profitability, with a 29.15% decrease in profit. The company's net worth Soared by an impressive increase of 22.67%.

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
-4.25%
Revenue from Operations
-4.06%
Total Assets
0.51%
Profit or Loss
-29.15%
Net Worth
22.67%
EBITDA
-17.11%

What is the Ownership and Shareholding Structure of Parag Steel & Alloys?

In 2023, Parag Steel & Alloys had a promoter holding of 99.97% and a public holding of 0.03%. 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

₹10.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
14 Jul 2015 Hdfc Bank Limited ₹1.00 Cr Satisfied

How Many Employees Work at Parag Steel & Alloys?

Unlock and access historical data on people associated with Parag Steel & Alloys, 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 Steel & Alloys, 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 Steel & Alloys'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 Steel & Alloys

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2023

  • Charges

    A charge registered on 14 Jul 2015 via Charge ID 10586786 with Hdfc Bank Limited was fully satisfied on 26 Feb 2021.

    26 Feb 2021

  • Director Appointment

    Romick Kamlesh Shah was appointed as a Director was appointed as a Director on 12 Feb 2021 & has been associated with this company since 3 years 11 months .

    12 Feb 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 10586786 was registered on 14 Jul 2015.

    14 Jul 2015

  • Director Appointment

    Mitesh Chandulal Shah was appointed as a Director was appointed as a Director on 17 Aug 2007 & has been associated with this company since 17 years 5 months .

    17 Aug 2007

Frequently asked questions

  • Parag Steel & Alloys Private Limited was incorporated on 17 Aug 2007.

  • The authorized share capital of Parag Steel & Alloys Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 7 directors are associated with Parag Steel & Alloys Private Limited.

    • Romick Kamlesh Shah
    • Mitesh Chandulal Shah
    • Parag Chandulal Shah
    • Rajesh Chandulal Shah
    • Kamlesh Chandulal Shah
    • Parin Rajesh Shah
    • Yash Parag Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Steel & Alloys Private Limited is Bpt Plot No.155 4Th Lane Darukhana Reay Road, Mumbai, Maharashtra, India, 400010.

  • The corporate identification number (CIN) of Parag Steel & Alloys Private Limited is U27100MH2007PTC173193 and the company number is 173193 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parag Steel & Alloys Private Limited is https://www.paragsteel.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parag Steel & Alloys Private Limited has fallen by -4.25%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parag Steel & Alloys Private Limited has experienced an upsurge of 22.67%.

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