Param Sales Private Limited

Company specializes in iron and steel trading and various commercial and financial agency services.

2006 | Kolkata, West Bengal (India) | Active
Last Updated: July 04, 2024

Param Sales Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.50 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.31 Cr
  • Revenue Growth -38.46%
  • Profit Growth -51.92%
  • Ebitda -2847.81%
  • Net Worth -142.59%
  • Total Assets -3.23%

About Param Sales

Param Sales Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 June 2006 and has a history of 18 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 2.50 M and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹1.31 Cr.

Pramod Goenka and Sangeeta Goenka serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80844WB2006PTC110018

  • Company No.

    110018

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jun 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Pramod Goenka Country flag representing In Director 21-Jun-2006 Current
Sangeeta Goenka Country flag representing In Director 21-Jun-2006 Current

Financial Performance of Param Sales.

Param Sales Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.46% decrease. The company also saw a substantial fall in profitability, with a 51.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 142.59%.

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
-38.46%
Revenue from Operations
-39.11%
Total Assets
-3.23%
Profit or Loss
-51.92%
Net Worth
-142.59%
EBITDA
-2847.81%

What is the Ownership and Shareholding Structure of Param Sales?

In 2023, Param Sales had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.20 Cr
  • Axis Bank Limited : 0.11 Cr

Latest Charge Details

Date Lender Amount Status
21 Aug 2014 City Union Bank Limited ₹1.20 Cr Open
05 Oct 2013 Axis Bank Limited ₹1.10 M Open

How Many Employees Work at Param Sales?

Unlock and access historical data on people associated with Param Sales, 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 Param Sales, 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 Sales'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 Sales

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 12.00 M registered on 21 Aug 2014 with Charge ID 10518766 was modified on 26 Dec 2023.

    26 Dec 2023

  • Annual General Meeting

    Param Sales Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Param Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 12.00 M with Charge ID 10518766 was registered on 21 Aug 2014.

    21 Aug 2014

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.10 M with Charge ID 10461358 was registered on 05 Oct 2013.

    05 Oct 2013

  • Director Appointment

    Pramod Kumar Goenka was appointed as a Director was appointed as a Director on 21 Jun 2006 & has been associated with this company since 18 years 7 months .

    21 Jun 2006

Frequently asked questions

  • Param Sales Private Limited was incorporated on 21 Jun 2006.

  • The authorized share capital of Param Sales Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.50 M.

  • Currently 2 directors are associated with Param Sales Private Limited.

    • Pramod Kumar Goenka
    • Sangeeta Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Param Sales Private Limited is Marshall House25 Strand Rd 4 Th Floor Room No 477, Kolkata, West Bengal, India, 700001.

  • The corporate identification number (CIN) of Param Sales Private Limited is U80844WB2006PTC110018 and the company number is 110018 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Param Sales Private Limited has fallen by -38.46%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Param Sales Private Limited has experienced an downturn of -142.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Param Sales Private Limited amount to ₹ 1.31 Cr.

  • The most recent Balance Sheet for Param Sales Private Limited was filed with the ROC on 31 Mar 2023.