Parakh Foods And Oils Profile
Key Indicators
- Authorised Capital ₹ 8.25 Cr
as on 18-07-2024
- Paid Up Capital ₹ 4.80 Cr
as on 18-07-2024
- Company Age 31 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 595.80 Cr
as on 18-07-2024
- Satisfied Charges ₹ 136.31 Cr
as on 18-07-2024
- Revenue -27.45%
(FY 2023)
- Profit -191.70%
(FY 2023)
- Ebitda -90.63%
(FY 2023)
- Net Worth -7.52%
(FY 2023)
- Total Assets 5.01%
(FY 2023)
About Parakh Foods And Oils
The Corporate was formerly known as Parakh Oils Ltd. The Company is engaged in the Food And Beverages 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 8.25 Cr and a paid-up capital of Rs 4.80 Cr.
The company currently has active open charges totaling ₹595.80 Cr. The company has closed loans amounting to ₹136.31 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Parakh Foods And Oils Limited India is Prasad Nene as COMPANY SECRETARY. Prakash Parakh, Kaushik Kothari, Mahendra Lunawat, and Seven other members serve as directors at the Company.
- CIN/LLPIN
U15142PN1993PLC071164
- Company No.
071164
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1993
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Pune, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Parakh Foods And Oils Limited offer?
Parakh Foods And Oils Limited offers a wide range of products and services, including Bakery & Confectionery Products, Muffin & Cupcakes, Ready to Eat & Instant Food Mixes, Ready to Eat Food.
Who are the key members and board of directors at Parakh Foods And Oils?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Parakh  | Managing Director | 01-Feb-2009 | Current |
| Prasad Nene | Company Secretary | 11-Apr-2019 | Current |
Board Members(9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kaushik Kothari | Director | 10-Oct-2016 | Current |
| Mahendra Lunawat | Whole-Time Director | 17-Mar-2016 | Current |
| Swapnil Kothari | Director | 10-Oct-2016 | Current |
| Sanjay Kulkarni | Additional Director | 04-May-2024 | Current |
| Akash Parakh | Whole-Time Director | 17-Mar-2016 | Current |
| Manojkumar Gandhi | Whole-Time Director | 19-Jun-2014 | Current |
Financial Performance and Corporate Structure Insights of Parakh Foods And Oils.
Parakh Foods And Oils Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.45% decrease. The company also saw a substantial fall in profitability, with a 191.7% decrease in profit. The company's net worth dipped by a decrease of 7.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parakh Foods And Oils?
In 2023, Parakh Foods And Oils had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Harshvardhans Laboratories Private Limited
Active
26 years 5 months Swapnil Kothari is a mutual person
National Agriculture And Food Analysis And Research Institute
Active 21 years 10 months Prakash Parakh is a mutual person
Vilina Foods Private Limited
Active 5 years 7 months Prakash Parakh and Akash Parakh are mutual person
Parakh International Limited
Active 30 years 10 months Prakash Parakh, Akash Parakh and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 12 Mar 2020 | ₹2.07 Cr | Open |
Hdfc Bank Limited Creation Date: 04 Feb 2020 | ₹6.70 M | Open |
Hdfc Bank Limited Creation Date: 30 Jan 2020 | ₹9.25 M | Open |
How Many Employees Work at Parakh Foods And Oils?
Parakh Foods And Oils has a workforce of 169 employees as of Mar 31, 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
As of May 18, 2016, Parakh Foods And Oils has raised a total of ₹ 15.2 Cr, with the most recent deal valued at ₹ 4.8 Cr. Access detailed insights into the company’s deals, including security allotments, mergers, acquisitions, and strategic partnerships that have shaped its growth.
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.
