Paramount Automotives Private Limited

Authorized dealer of Mahindra and Ashok Leyland vehicles, offering sales, spare parts, and services.

2008 | Koraput, Odisha (India) | Active
Last Updated: October 23, 2024

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

Board Members (3)

NameDesignationAppointment DateStatus
Achhar Bhumber Country flag representing In Director 30-May-2008Current
Talabjit Bhumber Country flag representing In Director 30-May-2008Current
Tejinder Bhumber Country flag representing In Director 18-Mar-2010Current

Financial Performance of Paramount Automotives.

Paramount Automotives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.65% increase. The company also saw a substantial improvement in profitability, with a 45.65% increase in profit. The company's net worth Soared by an impressive increase of 16.17%.

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
50.65%
Revenue from Operations
50.65%
Total Assets
27.25%
Profit or Loss
45.65%
Net Worth
16.17%
EBITDA
39.11%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹21.20 Cr

₹4.00 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 31 Mar 2010
₹21.20 CrOpen

Indusind Bank

Creation Date: 24 Jul 2012
₹1.00 CrSatisfied

Indusind Bank Ltd.

Creation Date: 28 Nov 2010
₹3.00 CrSatisfied

How Many Employees Work at Paramount Automotives?

Unlock and access historical data on people associated with Paramount Automotives, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Paramount Automotives

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Paramount Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 21.20 Cr registered on 31 Mar 2010 with Charge ID 10213776 was modified on 24 Feb 2023.

    24 Feb 2023

  • Charges

    A charge registered on 24 Jul 2012 via Charge ID 10373143 with Indusind Bank was fully satisfied on 16 Apr 2013.

    16 Apr 2013

  • Charges

    A charge registered on 28 Nov 2010 via Charge ID 10255173 with Indusind Bank Ltd. was fully satisfied on 16 Apr 2013.

    16 Apr 2013

  • Charges

    A charge with Indusind Bank Ltd. of Rs. 3.00 Cr registered on 28 Nov 2010 with Charge ID 10255173 was modified on 07 Dec 2012.

    07 Dec 2012

Frequently asked questions

  • Paramount Automotives Private Limited was incorporated on 30 May 2008.

  • The authorized share capital of Paramount Automotives Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.04 Cr.

  • Currently 3 directors are associated with Paramount Automotives Private Limited.

    • Achhar Singh Bhumber
    • Talabjit Singh Bhumber
    • Tejinder Singh Bhumber
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Automotives Private Limited is Bye Pass Road India, Jeypore, Orissa, 764001.

  • The corporate identification number (CIN) of Paramount Automotives Private Limited is U51109OR2008PTC010067 and the company number is 010067 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Automotives Private Limited is https://www.paramountautomotives.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Automotives Private Limited has risen by 50.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Automotives Private Limited has experienced an upsurge of 16.17%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Automotives Private Limited amount to ₹ 21.20 Cr.

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