Param Appliances Private Limited

Manufactures and sells electrical appliances, components, and spare parts since 2019 in Himachal Pradesh.

2019 | Sirmaur, Himachal Pradesh (India) | Active
Last Updated: January 10, 2025

Param Appliances Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 6 Year, 1 Month
  • Last Filing with ROC 31 Mar 2022
  • Satisfied Charges ₹ 2.50 Cr
  • Revenue Growth 64.89%
  • Profit Growth 57.20%
  • Ebitda 47.99%
  • Net Worth 111.09%
  • Total Assets -5.72%

About Param Appliances

Param Appliances Private Limited (PAPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 09 January 2019 (Six years and one month 0 days old ). Its registered office is in Sirmaur, Himachal Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company has closed loans amounting to ₹2.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Param Gupta, Deepali Gupta, and Veena Gupta serve as directors at the Company.

Company Details

  • Location

    Sirmaur, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909HP2019PTC007296

  • Company No.

    007296

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2019

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Param Appliances?

Board Members (3)

Name Designation Appointment Date Status
Param Gupta Country flag representing In Director 09-Jan-2019 Current
Deepali Gupta Country flag representing In Director 09-Jan-2019 Current
Veena Gupta Country flag representing In Director 01-Aug-2020 Current

Financial Performance of Param Appliances.

Param Appliances Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 64.89% increase. The company also saw a substantial improvement in profitability, with a 57.2% increase in profit. The company's net worth Soared by an impressive increase of 111.09%.

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
64.89%
Revenue from Operations
64.72%
Total Assets
-5.72%
Profit or Loss
57.20%
Net Worth
111.09%
EBITDA
47.99%

What is the Ownership and Shareholding Structure of Param Appliances?

In 2022, Param Appliances 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

Satisfied Charges

₹25.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.50 Cr

Latest Charge Details

Date Lender Amount Status
15 Jun 2020 Others ₹2.50 Cr Satisfied

How Many Employees Work at Param Appliances?

Param Appliances has a workforce of 1 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Param Appliances, 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 Param Appliances'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 Param Appliances

Recent activity within the organization

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100364887 with Others was fully satisfied on 15 Nov 2022.

    15 Nov 2022

  • Annual General Meeting

    Param Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Param Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Himachal Pradesh.

    31 Mar 2022

  • Director Appointment

    Veena Gupta was appointed as a Director was appointed as a Director on 01 Aug 2020 & has been associated with this company since 4 years 6 months .

    01 Aug 2020

  • Charges

    A charge with Others amounted to Rs. 25.00 M with Charge ID 100364887 was registered on 15 Jun 2020.

    15 Jun 2020

  • Director Appointment

    Param Gupta was appointed as a Director was appointed as a Director on 09 Jan 2019 & has been associated with this company since 6 years 1 month .

    09 Jan 2019

Frequently asked questions

  • Param Appliances Private Limited was incorporated on 09 Jan 2019.

  • The authorized share capital of Param Appliances Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Param Appliances Private Limited.

    • Param Gupta
    • Deepali Gupta
    • Veena Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Param Appliances Private Limited is K.No 779/97 Mouja Rampur Jattan Kala Amb, Teh Sil India, Nahan, Himachal Pradesh, 173030.

  • The corporate identification number (CIN) of Param Appliances Private Limited is U31909HP2019PTC007296 and the company number is 007296 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Param Appliances Private Limited is https://www.paramappliances.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Param Appliances Private Limited has risen by 64.89%.

  • As Per 2022 financial reports, 1 employees are currently employed by Param Appliances Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Param Appliances Private Limited has experienced an upsurge of 111.09%.

  • The most recent Balance Sheet for Param Appliances Private Limited was filed with the ROC on 31 Mar 2022.