Paramount Abrasives Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.93 M
- Company Age 42 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.20 M
- Satisfied Charges ₹ 3.25 M
- Revenue Growth %
- Profit Growth 75.33%
- Ebitda -86.21%
- Net Worth -0.39%
- Total Assets -2.69%
About Paramount Abrasives
Paramount Abrasives Pvt Ltd (PAPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 24 September 1982 and has a history of 42 years and four months. Its registered office is in Nashik, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 1.50 M and a paid-up capital of Rs 0.93 M.
The company currently has active open charges totaling ₹0.20 M. The company has closed loans amounting to ₹3.25 M, as per Ministry of Corporate Affairs (MCA) records.
Parigha Pawar and Jagannath Pawar serve as directors at the Company.
Company Details
-
Location
Nashik, Maharashtra, India
-
Telephone
+91-XXXXXXXXXX
- Email Address
-
Website
-
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U26993MH1982FTC028297
-
Company No.
028297
-
Company Classification
Private Limited Foreign Company Incorporated In India
-
Incorporation Date
24 Sep 1982
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Paramount Abrasives?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Parigha Pawar
|
Director | 01-Feb-2007 | Current |
|
Jagannath Pawar
|
Director | 24-Sep-1982 | Current |
Financial Performance of Paramount Abrasives.
Paramount Abrasives Pvt Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 75.33% increase in profit. The company's net worth dipped by a decrease of 0.39%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Paramount Abrasives?
Unlock access to Paramount Abrasives's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
-
Yash Abratech Private LimitedJagannath Pawar is a mutual person
Charges (Loans)
₹0.20 M
₹3.25 M
Charges Breakdown by Lending Institutions
- Maharashtra State Financial Corp. : 0.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 May 1983 | Maharashtra State Financial Corp. | ₹0.20 M | Open |
| 10 Feb 2015 | Bank Of India | ₹2.50 M | Satisfied |
| 11 Jul 1994 | Bank Of India | ₹0.20 M | Satisfied |
| 27 Feb 1994 | Bank Of India | ₹0.05 M | Satisfied |
| 14 Mar 1991 | Bank Of India | ₹0.30 M | Satisfied |
How Many Employees Work at Paramount Abrasives?
Unlock and access historical data on people associated with Paramount Abrasives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Abrasives, 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 Paramount Abrasives'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.