Paramount Abrasives Pvt Ltd
Manufacturer and dealer of grinding wheels in various bonds and segments since 1982.
1982 | Nashik, Maharashtra (India) | Active
Paramount Abrasives Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.93 M
- Company Age 42 Year, 6 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 six 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
Machinery and Equipment
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
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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 Limited
Jagannath Pawar is a mutual person
Charges (Loans)
Open Charges
₹0.20 M
Satisfied Charges
₹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
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Alerts
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Latest Updates, News, and FAQs on Paramount Abrasives
Recent activity within the organization
- Annual General Meeting
Paramount Abrasives Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paramount Abrasives Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 10 Feb 2015 via Charge ID 10557684 with Bank Of India was fully satisfied on 09 Feb 2022.
- Charges
A charge registered on 11 Jul 1994 via Charge ID 90224523 with Bank Of India was fully satisfied on 23 May 2016.
- Charges
A charge registered on 27 Feb 1994 via Charge ID 90222296 with Bank Of India was fully satisfied on 23 May 2016.
- Charges
A charge registered on 14 Mar 1991 via Charge ID 90221880 with Bank Of India was fully satisfied on 23 May 2016.
Frequently asked questions
What is the Incorporation or founding date of Paramount Abrasives Pvt Ltd?
Paramount Abrasives Pvt Ltd was incorporated on 24 Sep 1982.
What is authorized share capital and paid-up capital of Paramount Abrasives Pvt Ltd?
The authorized share capital of Paramount Abrasives Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 0.93 M.
Who are the current board members & directors of Paramount Abrasives Pvt Ltd?
Currently 2 directors are associated with Paramount Abrasives Pvt Ltd.
- Parigha Jagannath Pawar
- Jagannath Mahipat Pawar
What is the registered address of Paramount Abrasives Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Abrasives Pvt Ltd is 15 Dhanashree, Sai Gardens Housing Society West Of Bhonsala Military School India, Nashik, Maharashtra, 422007.
What is the corporate identification number (CIN) and company number of Paramount Abrasives Pvt Ltd?
The corporate identification number (CIN) of Paramount Abrasives Pvt Ltd is U26993MH1982FTC028297 and the company number is 028297 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Paramount Abrasives Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Abrasives Pvt Ltd has experienced an downturn of -0.39%.
What are the total open charges for Paramount Abrasives Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Paramount Abrasives Pvt Ltd amount to ₹ 0.20 M.
When was the last Balance Sheet of Paramount Abrasives Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Paramount Abrasives Pvt Ltd was filed with the ROC on 31 Mar 2024.