Paramount Apparels Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.81 Cr
- Company Age 36 Year, 16 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.87 Cr
- Satisfied Charges ₹ 7.12 Cr
- Revenue Growth -73.98%
- Profit Growth -799.38%
- Ebitda -197.22%
- Net Worth -153.54%
- Total Assets -42.28%
About Paramount Apparels
Paramount Apparels Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 February 1989 and has a history of 36 years. Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.81 Cr.
The company currently has active open charges totaling ₹15.87 Cr. The company has closed loans amounting to ₹7.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
Muddassir Usmani, Salahuddin Ahmed, Halaluddin Usmani, and Two other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18101MH1989PTC050595
- Company No.
050595
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 1989
- 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 Apparels?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muddassir Usmani  | Director | 30-Sep-2005 | Current |
| Salahuddin Ahmed | Director | 06-Feb-1989 | Current |
| Halaluddin Usmani | Director | 06-Feb-1989 | Current |
| Mahjabeen Salahuddin | Director | 01-Jan-2018 | Current |
| Sabiha Usmani | Director | 01-Jan-2018 | Current |
Financial Performance of Paramount Apparels.
Paramount Apparels Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 73.98% decrease. The company also saw a substantial fall in profitability, with a 799.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 153.54%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Paramount Apparels?
In 2021, Paramount Apparels had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Saemah Fashion Exports Private LimitedMuddassir Usmani, Salahuddin Ahmed and 3 more are mutual person
- Win Caps & Closures Private Limited
Halaluddin Usmani is a mutual person
Charges (Loans)
₹15.87 Cr
₹7.12 Cr
Charges Breakdown by Lending Institutions
- Others : 15.61 Cr
- Hdfc Bank Limited : 0.26 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jun 2023 | Hdfc Bank Limited | ₹2.55 M | Open |
| 17 Feb 2023 | Others | ₹2.91 Cr | Open |
| 20 Jul 2020 | Others | ₹3.60 Cr | Open |
| 20 Jul 2020 | Others | ₹5.50 Cr | Open |
| 19 Jul 2014 | Others | ₹3.60 Cr | Open |
How Many Employees Work at Paramount Apparels?
Paramount Apparels has a workforce of 10 employees as of Mar 28, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Apparels, 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 Apparels'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.
