Paramount Autotech Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.30 M
- Company Age 11 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.96 Cr
- Satisfied Charges ₹ 7.98 Cr
- Revenue Growth 88.36%
- Profit Growth 14.60%
- Ebitda -34.88%
- Net Worth 7.76%
- Total Assets -7.10%
About Paramount Autotech
Paramount Autotech Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 July 2013 and has a history of 11 years and six months. Its registered office is in Delhi, 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 5.00 M and a paid-up capital of Rs 3.30 M.
The company currently has active open charges totaling ₹3.96 Cr. The company has closed loans amounting to ₹7.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhavesh Chaudhary and Vivek Ahluwalia serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50401DL2013PTC255250
- Company No.
255250
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2013
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Paramount Autotech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bhavesh Chaudhary  | Director | 11-Jan-2023 | Current |
| Vivek Ahluwalia | Director | 11-Jan-2023 | Current |
Financial Performance of Paramount Autotech.
Paramount Autotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 88.36% increase. The company also saw a substantial improvement in profitability, with a 14.6% increase in profit. The company's net worth moved up by a moderate rise of 7.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Autotech?
In 2023, Paramount Autotech had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Swede Auto Private LimitedVivek Ahluwalia is a mutual person
Paramount Cars India Private LimitedVivek Ahluwalia is a mutual person
Jai Auto Vehicles Private LimitedVivek Ahluwalia is a mutual person
Ncr Motors India Private LimitedBhavesh Chaudhary and Vivek Ahluwalia are mutual person
- Jsb Mobility Private Limited
Bhavesh Chaudhary is a mutual person
- Jsb Autocars Private Limited
Bhavesh Chaudhary is a mutual person
Charges (Loans)
₹39.59 M
₹79.80 M
Charges Breakdown by Lending Institutions
- Others : 2.01 Cr
- Hdfc Bank Limited : 1.67 Cr
- Axis Bank Limited : 0.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹1.82 M | Open |
| 16 Aug 2024 | Others | ₹2.17 M | Open |
| 28 Jul 2023 | Others | ₹1.06 M | Open |
| 25 Jan 2023 | Axis Bank Limited | ₹2.83 M | Open |
| 16 Aug 2021 | Hdfc Bank Limited | ₹2.14 M | Open |
How Many Employees Work at Paramount Autotech?
Paramount Autotech has a workforce of 7 employees as of Mar 29, 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 Autotech, 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 Autotech'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.
