Parag Worldwide Private Limited

Trading company specializing in capacitors and related products under various brands.

2003 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Parag Worldwide Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.76 M
  • Revenue Growth -18.93%
  • Profit Growth -12.94%
  • Ebitda -48.38%
  • Net Worth 11.14%
  • Total Assets -6.13%

About Parag Worldwide

Parag Worldwide Private Limited (PWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 2003 and has a history of 21 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Information Technology 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 5.00 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹0.76 M.

Parag Jhaveri, Ravi Jhaveri, and Mala Jhaveri serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paragworldwide.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51395MH2003PTC140948

  • Company No.

    140948

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Parag Worldwide Private Limited offer?

Parag Worldwide Private Limited offers a wide range of products and services, including LED Downlight, COB LED Downlight, LED Square Downlight, Voltmeter, 3 Phase Voltmeter, Hanging Light, Pendant Light, Round LED Downlight, Capacitor, Power Capacitors.

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

Board Members (3)

NameDesignationAppointment DateStatus
Parag Jhaveri Country flag representing In Director 17-Jun-2003Current
Ravi Jhaveri Country flag representing In Director 17-Jun-2003Current
Mala Jhaveri Country flag representing In Director 17-Jun-2003Current

Financial Performance of Parag Worldwide.

Parag Worldwide Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 18.93% decrease. The company also saw a substantial fall in profitability, with a 12.94% decrease in profit. The company's net worth Soared by an impressive increase of 11.14%.

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
-18.93%
Revenue from Operations
-19.37%
Total Assets
-6.13%
Profit or Loss
-12.94%
Net Worth
11.14%
EBITDA
-48.38%

What is the Ownership and Shareholding Structure of Parag Worldwide?

In 2021, Parag Worldwide had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.76 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jul 2022Hdfc Bank Limited₹0.76 MOpen

How Many Employees Work at Parag Worldwide?

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

Recent activity within the organization

  • Annual General Meeting

    Parag Worldwide Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Parag Worldwide Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.76 M with Charge ID 100667402 was registered on 16 Jul 2022.

    16 Jul 2022

  • Director Appointment

    Parag Kishan Jhaveri was appointed as a Director was appointed as a Director on 17 Jun 2003 & has been associated with this company since 21 years 8 months .

    17 Jun 2003

  • Director Appointment

    Ravi Kishan Jhaveri was appointed as a Director was appointed as a Director on 17 Jun 2003 & has been associated with this company since 21 years 8 months .

    17 Jun 2003

  • Director Appointment

    Mala Kishan Jhaveri was appointed as a Director was appointed as a Director on 17 Jun 2003 & has been associated with this company since 21 years 8 months .

    17 Jun 2003

Frequently asked questions

  • Parag Worldwide Private Limited was incorporated on 17 Jun 2003.

  • The authorized share capital of Parag Worldwide Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.48 M.

  • Currently 3 directors are associated with Parag Worldwide Private Limited.

    • Parag Kishan Jhaveri
    • Ravi Kishan Jhaveri
    • Mala Kishan Jhaveri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parag Worldwide Private Limited is Kerawalla Building2Nd Floor R No 9 61 Mangaldas Road Lohar Chawl India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Parag Worldwide Private Limited is U51395MH2003PTC140948 and the company number is 140948 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parag Worldwide Private Limited is https://www.paragworldwide.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Parag Worldwide Private Limited has fallen by -18.93%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Parag Worldwide Private Limited has experienced an upsurge of 11.14%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Parag Worldwide Private Limited amount to ₹ 0.76 M.

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

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