Parakh Agro Industries Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 4.80 Cr
- Company Age 37 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 266.17 Cr
- Satisfied Charges ₹ 443.14 Cr
- Revenue Growth 23.16%
- Profit Growth 556.65%
- Ebitda 101.89%
- Net Worth 8.77%
- Total Assets -0.15%
About Parakh Agro Industries
Parakh Agro Industries Ltd (PAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 July 1987 and has a history of 37 years and eight months. Its registered office is in Pune, Maharashtra, India.
The Corporate was formerly known as Parakh Agro Industries Private Limited. The Company is engaged in the Packaging 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 50.00 Cr and a paid-up capital of Rs 4.80 Cr.
The company currently has active open charges totaling ₹266.17 Cr. The company has closed loans amounting to ₹443.14 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashish Joshi, Chandrakant Barde, Mayank Parakh, and Six other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01403PN1987PLC132583
- Company No.
132583
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Jul 1987
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Packaging
Environment
Food and Beverages
What products or services does Parakh Agro Industries Ltd offer?
Parakh Agro Industries Ltd offers a wide range of products and services, including Industrial project consultants, Wind Energy Solutions, Cereals & Food Grains, Semolina, Packaging Films & Foils, Plastic Film, Solar & Renewable Energy Products, Windmills & Wind Turbines, Flours, Pulses.
Who are the key members and board of directors at Parakh Agro Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Parakh  | Managing Director | 20-Jul-1987 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mayank Parakh | Whole-Time Director | 15-Apr-2016 | Current |
| Kaushik Kothari | Director | 10-Jan-2015 | Current |
| Harshal Parakh | Whole-Time Director | 01-Aug-2012 | Current |
| Aayush Deora | Director | 10-Jan-2015 | Current |
| Ashish Joshi | Whole-Time Director | 21-Apr-2021 | Current |
| Chandrakant Barde | Whole-Time Director | 21-Apr-2021 | Current |
Financial Performance of Parakh Agro Industries.
Parakh Agro Industries Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 23.16% increase. The company also saw a substantial improvement in profitability, with a 556.65% increase in profit. The company's net worth moved up by a moderate rise of 8.77%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parakh Agro Industries?
In 2023, Parakh Agro Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Skyline Industries Pvt LtdAayush Deora is a mutual person
Parakh Flexipacks Private LimitedMayank Parakh, Suresh Parakh and 1 more are mutual person
Kothari Auto Link Private LimitedKaushik Kothari is a mutual person
- Parakh Foods And Oils Limited
Kaushik Kothari is a mutual person
Writable Instruments LlpMayank Parakh and Harshal Parakh are mutual person
Parakh Besan Mills LlpMayank Parakh, Suresh Parakh and 1 more are mutual person
Charges (Loans)
Open Charges
₹266.17 Cr
Satisfied Charges
₹443.14 Cr
Charges Breakdown by Lending Institutions
- Others : 262.94 Cr
- Hdfc Bank Limited : 1.36 Cr
- Axis Bank Limited : 1.14 Cr
- Yes Bank Limited : 0.65 Cr
- Icici Bank Limited : 0.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2024 | Others | ₹9.64 Cr | Open |
| 02 Mar 2024 | Others | ₹1.46 M | Open |
| 02 Mar 2024 | Others | ₹1.55 M | Open |
| 07 Jun 2023 | Hdfc Bank Limited | ₹3.40 M | Open |
| 31 Mar 2021 | Axis Bank Limited | ₹1.14 Cr | Open |
How Many Employees Work at Parakh Agro Industries?
Parakh Agro Industries has a workforce of 1096 employees as of Apr 08, 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 Parakh Agro Industries, 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 Parakh Agro Industries'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.
Latest Updates, News, and FAQs on Parakh Agro Industries
Recent activity within the organization
- Annual General Meeting
Parakh Agro Industries Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 9.64 Cr with Charge ID 100939823 was registered on 27 May 2024.
- Balance Sheet
Parakh Agro Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100892967 was registered on 02 Mar 2024.
- Charges
A charge with Others amounted to Rs. 0.15 Cr with Charge ID 100892972 was registered on 02 Mar 2024.
- Charges
A charge registered on 17 Feb 2021 via Charge ID 100417290 with Hdfc Bank Limited was fully satisfied on 21 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Parakh Agro Industries Ltd?
Parakh Agro Industries Ltd was incorporated on 20 Jul 1987.
What is authorized share capital and paid-up capital of Parakh Agro Industries Ltd?
The authorized share capital of Parakh Agro Industries Ltd is ₹ 50.00 Cr and paid-up capital is ₹ 4.80 Cr.
Who are the current board members & directors of Parakh Agro Industries Ltd?
Currently 9 directors are associated with Parakh Agro Industries Ltd.
- Ashish Joshi
- Chandrakant Barde
- Mayank Suresh Parakh
- Vinay Ganpatrao Nalawade
- Kaushik Nitin Kothari
- Anju Suresh Parakh
- Suresh Harakchand Parakh
- Aayush Deora
- Harshal Suresh Parakh
What is the registered address of Parakh Agro Industries Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Parakh Agro Industries Ltd is 3Rd Floor Parakh House Final Plot No.255 Cts No.1 Boat Club Road, India, Pune, Maharashtra, 411001.
What is the corporate identification number (CIN) and company number of Parakh Agro Industries Ltd?
The corporate identification number (CIN) of Parakh Agro Industries Ltd is U01403PN1987PLC132583 and the company number is 132583 as per Ministry of Corporate Affairs (MCA).
What is the official website of Parakh Agro Industries Ltd?
The Official website of Parakh Agro Industries Ltd is https://www.parakhgroup.in
What has been the recent revenue trend for Parakh Agro Industries Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Parakh Agro Industries Ltd has risen by 23.16%.
How many employees does Parakh Agro Industries Ltd currently have?
As Per 2023 financial reports, 1096 employees are currently employed by Parakh Agro Industries Ltd.
What change has been observed in the net worth of Parakh Agro Industries Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Parakh Agro Industries Ltd has experienced an upsurge of 8.77%.
What are the total open charges for Parakh Agro Industries Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Parakh Agro Industries Ltd amount to ₹ 266.17 Cr.
When was the last Balance Sheet of Parakh Agro Industries Ltd filed with the ROC?
The most recent Balance Sheet for Parakh Agro Industries Ltd was filed with the ROC on 31 Mar 2024.
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