Paramount Cars India Private Limited

Car sales and repairs company established in 2017 with headquarters in New Delhi.

2017 | Delhi (India) | Active
Last Updated: December 06, 2024

Paramount Cars India Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.60 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.22 Cr
  • Revenue Growth 113.52%
  • Profit Growth 156.19%
  • Ebitda 38.54%
  • Net Worth 17.65%
  • Total Assets 23.89%

About Paramount Cars India

Paramount Cars India Private Limited (PCIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 September 2017 (Seven years and four months 11 days old ). 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 2024. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 2.60 M.

The company currently has active open charges totaling ₹13.22 Cr.

Vivek Ahluwalia and Jaipal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U50500DL2017PTC324024

  • Company No.

    324024

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Sep 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Paramount Cars India Private Limited offer?

Paramount Cars India Private Limited offers a wide range of products and services, including Automobile Interiors & Accessories, Automotive Accessories, Motorcycles and Cars, Cars.

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

Board Members (2)

Name Designation Appointment Date Status
Vivek Ahluwalia Country flag representing In Director 20-Aug-2021 Current
Jaipal Country flag representing In Director 28-Sep-2017 Current

Financial Performance of Paramount Cars India.

Paramount Cars India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 113.52% increase. The company also saw a substantial improvement in profitability, with a 156.19% increase in profit. The company's net worth Soared by an impressive increase of 17.65%.

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
113.52%
Revenue from Operations
115.45%
Total Assets
23.89%
Profit or Loss
156.19%
Net Worth
17.65%
EBITDA
38.54%

What is the Ownership and Shareholding Structure of Paramount Cars India?

In 2022, Paramount Cars India had a promoter holding of 3.27% and a public holding of 96.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹132.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.05 Cr
  • Axis Bank Limited : 0.89 Cr
  • Others : 0.28 Cr

Latest Charge Details

Date Lender Amount Status
27 Sep 2023 Others ₹2.83 M Open
24 Feb 2023 Hdfc Bank Limited ₹7.85 M Open
22 Aug 2022 Hdfc Bank Limited ₹3.23 M Open
03 Jun 2022 Axis Bank Limited ₹8.89 M Open
26 Mar 2021 Hdfc Bank Limited ₹2.12 M Open

How Many Employees Work at Paramount Cars India?

Paramount Cars India has a workforce of 6 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 Cars India, 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 Cars India'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 Cars India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Paramount Cars India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.83 M with Charge ID 100793959 was registered on 27 Sep 2023.

    27 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.85 M with Charge ID 100755530 was registered on 24 Feb 2023.

    24 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.23 M with Charge ID 100658637 was registered on 22 Aug 2022.

    22 Aug 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.89 M with Charge ID 100712526 was registered on 03 Jun 2022.

    03 Jun 2022

Frequently asked questions

  • Paramount Cars India Private Limited was incorporated on 22 Sep 2017.

  • The authorized share capital of Paramount Cars India Private Limited is ₹ 4.00 M and paid-up capital is ₹ 2.60 M.

  • Currently 2 directors are associated with Paramount Cars India Private Limited.

    • Vivek Ahluwalia
    • Jaipal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Cars India Private Limited is A-38, Mohan Co-Operative Ind Estate Mathura Road Near Apollo Hospital India, New Delhi, 110044.

  • The corporate identification number (CIN) of Paramount Cars India Private Limited is U50500DL2017PTC324024 and the company number is 324024 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Cars India Private Limited is https://www.paramountcars.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Cars India Private Limited has risen by 113.52%.

  • As Per 2022 financial reports, 6 employees are currently employed by Paramount Cars India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Cars India Private Limited has experienced an upsurge of 17.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paramount Cars India Private Limited amount to ₹ 13.22 Cr.

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

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