
Parag Velvets Private Limited
Textile processing and manufacturing since 1976, based in Mumbai.
Textile processing and manufacturing since 1976, based in Mumbai.
Parag Velvets Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 May 1976 and has a history of 48 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 2.00 Cr and a paid-up capital of Rs 4.40 M.
The company currently has active open charges totaling ₹33.04 Cr. The company has closed loans amounting to ₹48.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anand Tiwari and Dhruv Somani serve as directors at the Company.
Mumbai, Maharashtra, India
+91-XXXXXXXXXX
U17300MH1976PTC019030
019030
Private Limited Indian Non-Government Company
22 May 1976
30 Sep 2023
31 Mar 2023
Unlisted
Roc Mumbai
Name | Designation | Appointment Date | Status |
---|---|---|---|
Anand Tiwari ![]() | Director | 17-Dec-2018 | Current |
Dhruv Somani ![]() | Director | 30-Apr-2021 | Current |
Parag Velvets Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.31% decrease. The company also saw a substantial fall in profitability, with a 72.72% decrease in profit. The company's net worth Soared by an impressive increase of 18.14%.
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In 2023, Parag Velvets had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Dhruv Somani is a mutual person
Anand Tiwari is a mutual person
Dhruv Somani is a mutual person
Dhruv Somani is a mutual person
Dhruv Somani is a mutual person
Dhruv Somani is a mutual person
₹33.04 Cr
₹48.63 Cr
Date | Lender | Amount | Status |
---|---|---|---|
08 Aug 2024 | Tata Capital Housing Finance Limited | ₹7.50 Cr | Open |
20 Jun 2022 | Others | ₹8.73 Cr | Open |
30 Jan 2019 | Karnataka Bank Ltd. | ₹2.25 Cr | Open |
25 Apr 2014 | Karnataka Bank Ltd. | ₹1.00 Cr | Open |
13 Sep 2001 | Karnataka Bank Ltd. | ₹1.09 M | Open |
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A charge with Tata Capital Housing Finance Limited amounted to Rs. 7.50 Cr with Charge ID 100966842 was registered on 08 Aug 2024.
A charge registered on 14 Jan 2022 via Charge ID 100532819 with Karnataka Bank Ltd. was fully satisfied on 05 Aug 2024.
A charge registered on 15 Jun 2020 via Charge ID 100354463 with Karnataka Bank Ltd. was fully satisfied on 05 Aug 2024.
A charge registered on 15 Dec 2021 via Charge ID 100513153 with Others was fully satisfied on 20 Dec 2023.
A charge registered on 13 Oct 2020 via Charge ID 100404484 with Others was fully satisfied on 20 Dec 2023.
A charge registered on 21 Jul 2020 via Charge ID 100404475 with Others was fully satisfied on 20 Dec 2023.
Parag Velvets Private Limited was incorporated on 22 May 1976.
The authorized share capital of Parag Velvets Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 4.40 M.
Currently 2 directors are associated with Parag Velvets Private Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Parag Velvets Private Limited is 158/164 Kalbadevi Roadlaxmi Bhawan India, Mumbai, Maharashtra, 400002.
The corporate identification number (CIN) of Parag Velvets Private Limited is U17300MH1976PTC019030 and the company number is 019030 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2023, the revenue trend for Parag Velvets Private Limited has fallen by -16.31%.
The financial reports for the fiscal year 2023 indicates that The net worth of Parag Velvets Private Limited has experienced an upsurge of 18.14%.
As per the financial statements for fiscal Year 2023, The total open charges for Parag Velvets Private Limited amount to ₹ 33.04 Cr.
The most recent Balance Sheet for Parag Velvets Private Limited was filed with the ROC on 31 Mar 2023.
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