Paramount Builders (Chennai) Private Limited

Develops and sells properties in Chennai.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 10, 2024

Paramount Builders (Chennai) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.32 Cr
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.29 Cr
  • Satisfied Charges ₹ 3.87 M
  • Revenue Growth -84.14%
  • Profit Growth 42.79%
  • Ebitda -80.80%
  • Net Worth -3.60%
  • Total Assets 0.08%

About Paramount Builders (Chennai)

Paramount Builders (Chennai) Private Limited (PBCPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 1992 and has a history of 32 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Paramount Builders (Chennai) Limited. The Company is engaged in the Real Estate And Construction 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 3.00 Cr and a paid-up capital of Rs 2.32 Cr.

The company currently has active open charges totaling ₹4.29 Cr. The company has closed loans amounting to ₹3.87 M, as per Ministry of Corporate Affairs (MCA) records.

Naseema Beevi, Shafiq Shah, Sathak Shaw, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101TN1992PTC022901

  • Company No.

    022901

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jun 1992

  • Date of AGM

    25 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Real Estate and Construction

Who are the key members and board of directors at Paramount Builders (Chennai)?

Board Members (5)

Name Designation Appointment Date Status
Zarook Shah Country flag representing In Director 22-Aug-2008 Current
Naseema Beevi Country flag representing In Director 19-Jun-1992 Current
Shafiq Shah Country flag representing In Director 28-Mar-1995 Current
Sathak Shaw Country flag representing In Director 11-Nov-2005 Current
Shafiq Fazeela Country flag representing In Director 19-Jun-1992 Current

Financial Performance of Paramount Builders (Chennai).

Paramount Builders (Chennai) Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 84.14% decrease. The company also saw a substantial improvement in profitability, with a 42.79% increase in profit. The company's net worth dipped by a decrease of 3.6%.

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
-84.14%
Revenue from Operations
Total Assets
0.08%
Profit or Loss
42.79%
Net Worth
-3.60%
EBITDA
-80.80%

What is the Ownership and Shareholding Structure of Paramount Builders (Chennai)?

In 2020, Paramount Builders (Chennai) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.29 Cr

Satisfied Charges

₹0.39 Cr

Charges Breakdown by Lending Institutions

  • The Karur Vysya Bank Ltd. : 3.50 Cr
  • The Karur Vysya Bank Limited : 0.75 Cr
  • Vijaya Bank : 0.04 Cr

Latest Charge Details

Date Lender Amount Status
12 Mar 2003 The Karur Vysya Bank Ltd. ₹3.50 Cr Open
13 Oct 2001 Vijaya Bank ₹0.45 M Open
25 Jul 1998 The Karur Vysya Bank Limited ₹7.50 M Open
28 May 2014 The Karur Vysya Bank Limited ₹1.20 M Satisfied
10 Feb 2011 The Karur Vysya Bank Limited ₹1.15 M Satisfied

How Many Employees Work at Paramount Builders (Chennai)?

Paramount Builders (Chennai) has a workforce of 5 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Builders (Chennai), 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 Builders (Chennai)'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 Builders (Chennai)

Recent activity within the organization

  • Annual General Meeting

    Paramount Builders (Chennai) Private Limited last Annual general meeting of members was held on 25 Aug 2024 as per latest MCA records.

    25 Aug 2024

  • Balance Sheet

    Paramount Builders (Chennai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 28 May 2014 via Charge ID 10509361 with The Karur Vysya Bank Limited was fully satisfied on 20 Jan 2017.

    20 Jan 2017

  • Charges

    A charge registered on 18 May 2010 via Charge ID 10221025 with The Karur Vysya Bank Limited was fully satisfied on 21 Jul 2015.

    21 Jul 2015

  • Charges

    A charge registered on 10 Feb 2011 via Charge ID 10267716 with The Karur Vysya Bank Limited was fully satisfied on 30 May 2014.

    30 May 2014

  • Charges

    A charge with The Karur Vysya Bank Limited amounted to Rs. 0.12 Cr with Charge ID 10509361 was registered on 28 May 2014.

    28 May 2014

Frequently asked questions

  • Paramount Builders (Chennai) Private Limited was incorporated on 19 Jun 1992.

  • The authorized share capital of Paramount Builders (Chennai) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.32 Cr.

  • Currently 5 directors are associated with Paramount Builders (Chennai) Private Limited.

    • Naseema Beevi
    • Shafiq Mohamed Shah
    • Sathak Ahmed Shaw
    • Zarook Syed Shah
    • Shafiq Fazeela
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Builders (Chennai) Private Limited is 34 Veerabadran St, - - India, Madras, Tamil Nadu, 600034.

  • The corporate identification number (CIN) of Paramount Builders (Chennai) Private Limited is U70101TN1992PTC022901 and the company number is 022901 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Builders (Chennai) Private Limited is https://www.paramountbuilders.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Builders (Chennai) Private Limited has fallen by -84.14%.

  • As Per 2022 financial reports, 5 employees are currently employed by Paramount Builders (Chennai) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Builders (Chennai) Private Limited has experienced an downturn of -3.60%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paramount Builders (Chennai) Private Limited amount to ₹ 4.29 Cr.

  • The most recent Balance Sheet for Paramount Builders (Chennai) Private Limited was filed with the ROC on 31 Mar 2024.

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