Parakh Foods And Oils Profile
Key Indicators
- Authorised Capital ₹ 8.25 Cr
- Paid Up Capital ₹ 4.80 Cr
- Company Age 32 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 245.55 Cr
- Satisfied Charges ₹ 438.56 Cr
- Revenue Growth -27.45%
- Profit Growth -191.70%
- Ebitda -90.63%
- Net Worth -7.52%
- Total Assets 5.01%
About Parakh Foods And Oils
Parakh Foods And Oils Limited (PFAOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 March 1993 and has a history of 32 years and two months. Its registered office is in Pune, Maharashtra, India.
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 2024. 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 ₹245.55 Cr. The company has closed loans amounting to ₹438.56 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. Satyasrinivasa Maddipatla, Kaushik Kothari, Shubhika Chordia, and Nine 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
U15142PN1993PLC071164
- Company No.
071164
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Mar 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Food and Beverages
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.
Parakh Foods And Oils Limited
Explore comprehensive data for Parakh Foods And Oils Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Parakh Foods And Oils?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prasad Nene  | Company Secretary | 11-Apr-2019 | Current |
| Prakash Parakh | Managing Director | 01-Feb-2009 | Current |
Board Members (11)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kaushik Kothari | Director | 10-Oct-2016 | Current |
| Satyasrinivasa Maddipatla | Whole-Time Director | 05-Apr-2017 | Current |
| Shubhika Chordia | Additional Director | 01-Aug-2024 | Current |
| Sanjay Kulkarni | Additional Director | 30-Apr-2024 | Current |
| Pramod Deshmukh | Additional Director | 01-Feb-2025 | Current |
| Swapnil Kothari | Director | 10-Oct-2016 | Current |
Financial Performance 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)
Kothari Auto Link Private LimitedKaushik Kothari is a mutual person
Harshvardhans Laboratories Private LimitedSwapnil Kothari is a mutual person
- Parakh Agro Industries Ltd
Kaushik Kothari is a mutual person
National Agriculture And Food Analysis And Research InstitutePrakash Parakh is a mutual person
Kothari Nutricure Private LimitedKaushik Kothari is a mutual person
- Kothari Enviro Waste Solutions Private Limited
Kaushik Kothari is a mutual person
Charges (Loans)
Open Charges
₹245.55 Cr
Satisfied Charges
₹438.56 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 244.52 Cr
- Others : 1.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2020 | Hdfc Bank Limited | ₹2.07 Cr | Open |
| 04 Feb 2020 | Hdfc Bank Limited | ₹6.70 M | Open |
| 30 Jan 2020 | Hdfc Bank Limited | ₹9.25 M | Open |
| 09 Aug 2019 | Others | ₹2.35 M | Open |
| 05 Dec 2017 | Hdfc Bank Limited | ₹240.00 Cr | 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
Gain comprehensive insights into the Deals and Valuation data of Parakh Foods And Oils, 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 Foods And Oils'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 Foods And Oils
Recent activity within the organization
- Director Appointment
Pramod Jagannath Deshmukh was appointed as a Additional Director was appointed as a Additional Director on 01 Feb 2025 & has been associated with this company since 3 months 19 days .
- Charges
A charge with Hdfc Bank Limited of Rs. 240.00 Cr registered on 05 Dec 2017 with Charge ID 100143649 was modified on 28 Nov 2024.
- Annual General Meeting
Parakh Foods And Oils Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 05 Dec 2017 via Charge ID 100143644 with Others was fully satisfied on 06 Sep 2024.
- Director Appointment
Shubhika Chordia was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2024 & has been associated with this company since 9 months 20 days .
- Director Appointment
Sanjay Vasantrao Kulkarni was appointed as a Additional Director was appointed as a Additional Director on 30 Apr 2024 & has been associated with this company since 1 year 21 days .
Frequently asked questions
What is the Incorporation or founding date of Parakh Foods And Oils Limited?
Parakh Foods And Oils Limited was incorporated on 17 Mar 1993.
What is authorized share capital and paid-up capital of Parakh Foods And Oils Limited?
The authorized share capital of Parakh Foods And Oils Limited is ₹ 8.25 Cr and paid-up capital is ₹ 4.80 Cr.
Who are the current board members & directors of Parakh Foods And Oils Limited?
Currently 13 directors are associated with Parakh Foods And Oils Limited.
- Satyasrinivasa Prasad Maddipatla
- Kaushik Nitin Kothari
- Shubhika Chordia
- Sanjay Vasantrao Kulkarni
- Pramod Jagannath Deshmukh
- Prasad Prafulla Nene
- Swapnil Nitin Kothari
- Akash Prakash Parakh
- Manojkumar Shantilal Gandhi
- Manoj Vijaylal Muttha
- Mahendra Deepchand Lunawat
- Asha Prakash Parakh
- Prakash Harakchand Parakh
What is the registered address of Parakh Foods And Oils Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Parakh Foods And Oils Limited is 6Th Floor Parakh House Final Plot No.255 Cts No.1 Boat Club R Oad, India, Pune, Maharashtra, 411001.
What is the corporate identification number (CIN) and company number of Parakh Foods And Oils Limited?
The corporate identification number (CIN) of Parakh Foods And Oils Limited is U15142PN1993PLC071164 and the company number is 071164 as per Ministry of Corporate Affairs (MCA).
What is the official website of Parakh Foods And Oils Limited?
The Official website of Parakh Foods And Oils Limited is https://www.parakhgroup.in
What has been the recent revenue trend for Parakh Foods And Oils Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Parakh Foods And Oils Limited has fallen by -27.45%.
How many employees does Parakh Foods And Oils Limited currently have?
As Per 2023 financial reports, 169 employees are currently employed by Parakh Foods And Oils Limited.
What change has been observed in the net worth of Parakh Foods And Oils Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Parakh Foods And Oils Limited has experienced an downturn of -7.52%.
What are the total open charges for Parakh Foods And Oils Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Parakh Foods And Oils Limited amount to ₹ 245.55 Cr.
When was the last Balance Sheet of Parakh Foods And Oils Limited filed with the ROC?
The most recent Balance Sheet for Parakh Foods And Oils Limited was filed with the ROC on 31 Mar 2024.
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