Parag Syntex Private Limited

Textile dyeing and printing services for various fibers.

1991 | Surat, Gujarat (India) | Active
Last Updated:

Parag Syntex Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.47 Cr
  • Company Age 34 Year, 1 Month
  • 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 and one month. Its registered office is in Surat, Gujarat.

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
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • 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

Manufacturing

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

Board Members (2)

NameDesignationAppointment DateStatus
Satyanarayan Maheswari Country flag representing In Director 11-Oct-2005Current
Ashok Maheshwari Country flag representing In Director 11-Oct-2005Current

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%.

Parag Syntex revenue growth over time
Parag Syntex 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
12.12%
Revenue from Operations
13.42%
Total Assets
1.03%
Profit or Loss
-34.22%
Net Worth
28.14%
EBITDA
35.64%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.94 Cr

Satisfied Charges

₹10.53 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 14.94 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2022Axis Bank Limited₹7.47 CrOpen
27 Aug 2021Axis Bank Limited₹7.47 CrOpen
29 Jun 2015Others₹3.00 CrSatisfied
16 Jun 2015Others₹3.00 CrSatisfied
12 Oct 2013The Sarvodaya Sahakari Bank Ltd₹1.52 CrSatisfied

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.

Employee growth trends for Parag Syntex Private Limited

Deals i

Graph showing company valuation over time

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

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 Syntex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Parag Syntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.47 Cr with Charge ID 100540256 was registered on 10 Feb 2022.

  • Charges

    A charge with Axis Bank Limited of Rs. 7.47 Cr registered on 27 Aug 2021 with Charge ID 100486120 was modified on 31 Jan 2022.

  • Charges

    A charge registered on 29 Jun 2015 via Charge ID 10578938 with Others was fully satisfied on 02 Dec 2021.

  • Charges

    A charge registered on 16 Jun 2015 via Charge ID 10578793 with Others was fully satisfied on 02 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Parag Syntex Private Limited?

    Parag Syntex Private Limited was incorporated on 30 Jan 1991.

  • What is authorized share capital and paid-up capital of Parag Syntex Private Limited?

    The authorized share capital of Parag Syntex Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.47 Cr.

  • Who are the current board members & directors of Parag Syntex Private Limited?

    Currently 2 directors are associated with Parag Syntex Private Limited.

    • Satyanarayan Mangilal Maheswari
    • Ashok Kumar Maheshwari

  • What is the registered address of Parag Syntex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parag Syntex Private Limited is Plot No 43 44 45Gidc Pandesara India, Surat, Gujarat.

  • What is the corporate identification number (CIN) and company number of Parag Syntex Private Limited?

    The corporate identification number (CIN) of Parag Syntex Private Limited is U17110GJ1991PTC014993 and the company number is 014993 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Parag Syntex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parag Syntex Private Limited has risen by 12.12%.

  • How many employees does Parag Syntex Private Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Parag Syntex Private Limited.

  • What change has been observed in the net worth of Parag Syntex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parag Syntex Private Limited has experienced an upsurge of 28.14%.

  • What are the total open charges for Parag Syntex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parag Syntex Private Limited amount to ₹ 14.94 Cr.

  • When was the last Balance Sheet of Parag Syntex Private Limited filed with the ROC?

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

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