Parag Syntex Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.47 Cr
- Company Age 34 Year,
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.94 Cr
- Satisfied Charges ₹ 10.53 Cr
- Revenue Growth 12.12%
- Profit Growth -34.22%
- Ebitda 35.64%
- Net Worth 28.14%
- Total Assets 1.03%
About Parag Syntex
Parag Syntex Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 1991 and has a history of 34 years. Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Manufacturing 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 1.50 Cr and a paid-up capital of Rs 1.47 Cr.
The company currently has active open charges totaling ₹14.94 Cr. The company has closed loans amounting to ₹10.53 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satyanarayan Maheswari and Ashok Maheshwari serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U17110GJ1991PTC014993
- Company No.
014993
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jan 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Parag Syntex?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyanarayan Maheswari  | Director | 11-Oct-2005 | Current |
| Ashok Maheshwari | Director | 11-Oct-2005 | Current |
Financial Performance of Parag Syntex.
Parag Syntex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.12% increase. The company also saw a substantial fall in profitability, with a 34.22% decrease in profit. The company's net worth Soared by an impressive increase of 28.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parag Syntex?
In 2023, Parag Syntex had a promoter holding of 57.61% and a public holding of 42.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Anmol Tie-Up Pvt. Ltd.Satyanarayan Maheswari is a mutual person
Charges (Loans)
₹14.94 Cr
₹10.53 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 14.94 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Feb 2022 | Axis Bank Limited | ₹7.47 Cr | Open |
| 27 Aug 2021 | Axis Bank Limited | ₹7.47 Cr | Open |
| 29 Jun 2015 | Others | ₹3.00 Cr | Satisfied |
| 16 Jun 2015 | Others | ₹3.00 Cr | Satisfied |
| 12 Oct 2013 | The Sarvodaya Sahakari Bank Ltd | ₹1.52 Cr | Satisfied |
How Many Employees Work at Parag Syntex?
Parag Syntex has a workforce of 54 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Parag Syntex, 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 Syntex's trajectory.
Rating
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
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.
