Paramount Automotives Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 16 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.20 Cr
- Satisfied Charges ₹ 4.00 Cr
- Revenue Growth 50.65%
- Profit Growth 45.65%
- Ebitda 39.11%
- Net Worth 16.17%
- Total Assets 27.25%
About Paramount Automotives
Paramount Automotives Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2008 and has a history of 16 years and eight months. Its registered office is in Koraput, Odisha, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.04 Cr.
The company currently has active open charges totaling ₹21.20 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Achhar Bhumber, Talabjit Bhumber, and Tejinder Bhumber serve as directors at the Company.
Company Details
- Location
Koraput, Odisha, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U51109OR2008PTC010067
- Company No.
010067
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Cuttack
Industry
What products or services does Paramount Automotives Private Limited offer?
Paramount Automotives Private Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Trucks, Pickup Trucks, Mahindra Bolero Pickup.
Who are the key members and board of directors at Paramount Automotives?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Achhar Bhumber  | Director | 30-May-2008 | Current |
| Talabjit Bhumber | Director | 30-May-2008 | Current |
| Tejinder Bhumber | Director | 18-Mar-2010 | Current |
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%.
- 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 Automotives?
In 2022, Paramount Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shivshakti Oils Private LimitedAchhar Bhumber is a mutual person
- Paramount Earthmovers Private Limited
Achhar Bhumber, Talabjit Bhumber and 1 more are mutual person
Charges (Loans)
₹21.20 Cr
₹4.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 21.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2010 | State Bank Of India | ₹21.20 Cr | Open |
| 24 Jul 2012 | Indusind Bank | ₹1.00 Cr | Satisfied |
| 28 Nov 2010 | Indusind Bank Ltd. | ₹3.00 Cr | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Automotives, 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 Automotives'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.