Paramount Apparels Private Limited

Manufacturer of contemporary embroidered garments with a wide product range and global exports.

1989 | Thane, Maharashtra (India) | Active
Last Updated:

Paramount Apparels Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.81 Cr
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.87 Cr
  • Satisfied Charges ₹ 7.12 Cr
  • Revenue Growth 355.01%
  • Profit Growth 116.11%
  • Ebitda -293.74%
  • Net Worth 46.21%
  • Total Assets 75.44%

About Paramount Apparels

Paramount Apparels Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 1989 and has a history of 36 years and three months. 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.

Sabiha Usmani, Mahjabeen Salahuddin, Muddassir 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

Manufacturing
Company report

Paramount Apparels Private Limited

Explore comprehensive data for Paramount Apparels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Paramount Apparels?

Board Members (5)

NameDesignationAppointment DateStatus
Muddassir Usmani Country flag representing In Director 30-Sep-2005Current
Sabiha Usmani Country flag representing In Director 01-Jan-2018Current
Mahjabeen Salahuddin Country flag representing In Director 01-Jan-2018Current
Salahuddin Ahmed Country flag representing In Director 06-Feb-1989Current
Halaluddin Usmani Country flag representing In Director 06-Feb-1989Current

Financial Performance of Paramount Apparels.

Paramount Apparels Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 355.01% increase. The company also saw a substantial improvement in profitability, with a 116.11% increase in profit. The company's net worth Soared by an impressive increase of 46.21%.

Paramount Apparels revenue growth over time
Paramount Apparels 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
355.01%
Revenue from Operations
356.65%
Total Assets
75.44%
Profit or Loss
116.11%
Net Worth
46.21%
EBITDA
-293.74%

What is the Ownership and Shareholding Structure of Paramount Apparels?

Unlock access to Paramount Apparels'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.87 Cr

Satisfied Charges

₹7.12 Cr

Charges Breakdown by Lending Institutions

  • Others : 15.61 Cr
  • Hdfc Bank Limited : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2023Hdfc Bank Limited₹2.55 MOpen
17 Feb 2023Others₹2.91 CrOpen
20 Jul 2020Others₹3.60 CrOpen
20 Jul 2020Others₹5.50 CrOpen
19 Jul 2014Others₹3.60 CrOpen

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.

Employee growth trends for Paramount Apparels Private Limited

Deals i

Graph showing company valuation over time

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

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 Paramount Apparels

Recent activity within the organization

  • Annual General Meeting

    Paramount Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Paramount Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100743204 was registered on 27 Jun 2023.

  • Charges

    A charge registered on 31 Mar 2018 via Charge ID 100170518 with Others was fully satisfied on 10 May 2023.

  • Charges

    A charge with Others amounted to Rs. 2.91 Cr with Charge ID 100701126 was registered on 17 Feb 2023.

  • Charges

    A charge with Others of Rs. 5.50 Cr registered on 20 Jul 2020 with Charge ID 100504599 was modified on 19 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Apparels Private Limited?

    Paramount Apparels Private Limited was incorporated on 06 Feb 1989.

  • What is authorized share capital and paid-up capital of Paramount Apparels Private Limited?

    The authorized share capital of Paramount Apparels Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.81 Cr.

  • Who are the current board members & directors of Paramount Apparels Private Limited?

    Currently 5 directors are associated with Paramount Apparels Private Limited.

    • Sabiha Halaluddin Usmani
    • Mahjabeen Usmani Salahuddin
    • Muddassir Salahuddin Usmani
    • Salahuddin Usmani Ahmed
    • Halaluddin Ahmed Usmani

  • What is the registered address of Paramount Apparels Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Apparels Private Limited is 205 2Nd Flr Sheetal Supreme Ind. Estate No 3 Nr Dhuri Estatephase -2 Sativali, Vasai East India, Palghar, Maharashtra, 401208.

  • What is the corporate identification number (CIN) and company number of Paramount Apparels Private Limited?

    The corporate identification number (CIN) of Paramount Apparels Private Limited is U18101MH1989PTC050595 and the company number is 050595 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paramount Apparels Private Limited?

    The Official website of Paramount Apparels Private Limited is https://www.houseofparamount.com

  • What has been the recent revenue trend for Paramount Apparels Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Apparels Private Limited has risen by 355.01%.

  • How many employees does Paramount Apparels Private Limited currently have?

    As Per 2022 financial reports, 10 employees are currently employed by Paramount Apparels Private Limited.

  • What change has been observed in the net worth of Paramount Apparels Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Apparels Private Limited has experienced an upsurge of 46.21%.

  • What are the total open charges for Paramount Apparels Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Paramount Apparels Private Limited amount to ₹ 15.87 Cr.

  • When was the last Balance Sheet of Paramount Apparels Private Limited filed with the ROC?

    The most recent Balance Sheet for Paramount Apparels Private Limited was filed with the ROC on 31 Mar 2024.

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