Parakh Spinners Private Limited

Founded in 1997 and headquartered in Madhya Pradesh, India.

1997 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 21, 2024

Parakh Spinners Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.77 M
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 404.66%
  • Profit Growth 2575.37%
  • Ebitda -28.59%
  • Net Worth 2272.89%
  • Total Assets 86.11%

About Parakh Spinners

Parakh Spinners Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 1997 and has a history of 27 years and three months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Textile 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 2.50 M and a paid-up capital of Rs 1.77 M, as per Ministry of Corporate Affairs (MCA) records.

Pradeep Parakh, Sushila Parakh, and Sandeep Parakh serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111MP1997PTC012424

  • Company No.

    012424

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Textile

Who are the key members and board of directors at Parakh Spinners?

Board Members (3)

Name Designation Appointment Date Status
Pradeep Parakh Country flag representing In Director 10-Jan-2002 Current
Sushila Parakh Country flag representing In Director 10-Jan-2002 Current
Sandeep Parakh Country flag representing In Director 03-Nov-1997 Current

Financial Performance of Parakh Spinners.

Parakh Spinners Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 404.66% increase. The company also saw a substantial improvement in profitability, with a 2575.37% increase in profit. The company's net worth Soared by an impressive increase of 2272.89%.

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
404.66%
Revenue from Operations
Total Assets
86.11%
Profit or Loss
2575.37%
Net Worth
2272.89%
EBITDA
-28.59%

What is the Ownership and Shareholding Structure of Parakh Spinners?

In 2017, Parakh Spinners 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Parakh Spinners?

Unlock and access historical data on people associated with Parakh Spinners, 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 Parakh Spinners, 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 Spinners's trajectory.

Rating

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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 Parakh Spinners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Parakh Spinners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Director Appointment

    Pradeep Kumar Parakh was appointed as a Director was appointed as a Director on 10 Jan 2002 & has been associated with this company since 23 years 1 month .

    10 Jan 2002

  • Director Appointment

    Sushila Bai Parakh was appointed as a Director was appointed as a Director on 10 Jan 2002 & has been associated with this company since 23 years 1 month .

    10 Jan 2002

  • Director Appointment

    Sandeep Kumar Parakh was appointed as a Director was appointed as a Director on 03 Nov 1997 & has been associated with this company since 27 years 3 months .

    03 Nov 1997

  • Company Incorporation

    Parakh Spinners Private Limited was registered on 03 Nov 1997 with Roc Gwalior & aged 27 years 3 months as per MCA records.

    03 Nov 1997

Frequently asked questions

  • Parakh Spinners Private Limited was incorporated on 03 Nov 1997.

  • The authorized share capital of Parakh Spinners Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.77 M.

  • Currently 3 directors are associated with Parakh Spinners Private Limited.

    • Pradeep Kumar Parakh
    • Sushila Bai Parakh
    • Sandeep Kumar Parakh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parakh Spinners Private Limited is 1St Floor Shekhawati Circle 198-M.T.Cloth Market, India, Indore, Madhya Pradesh, 452001.

  • The corporate identification number (CIN) of Parakh Spinners Private Limited is U17111MP1997PTC012424 and the company number is 012424 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parakh Spinners Private Limited has risen by 404.66%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parakh Spinners Private Limited has experienced an upsurge of 2272.89%.

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