Paramount Castings Pvt Ltd

Produces chill rolls for various industries, according to annual reports.

1993 | Sangrur, Punjab (India) | Active
Last Updated: December 30, 2024

Paramount Castings Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.80 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.50 M
  • Satisfied Charges ₹ 1.00 M
  • Revenue Growth 21.20%
  • Profit Growth 110.19%
  • Ebitda 44.38%
  • Net Worth 9.85%
  • Total Assets 20.45%

About Paramount Castings

Paramount Castings Pvt Ltd (PCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 May 1993 and has a history of 31 years and nine months. Its registered office is in Sangrur, Punjab, India.

The Company is engaged in the Manufacturing 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 2.00 M and a paid-up capital of Rs 1.80 M.

The company currently has active open charges totaling ₹2.50 M. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Zarina Bequm, Mohd Aarif, Mohammad Azam, and One other member serve as directors at the Company.

Company Details

  • Location

    Sangrur, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310PB1993PTC013291

  • Company No.

    013291

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 May 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Zarina Bequm Country flag representing In Director 03-May-1993 Current
Mohd Aarif Country flag representing In Director 01-Apr-1996 Current
Mohammad Azam Country flag representing In Director 01-Apr-1996 Current
Mohd Sardar Country flag representing In Director 03-May-1993 Current

Financial Performance of Paramount Castings.

Paramount Castings Pvt Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 21.2% increase. The company also saw a substantial improvement in profitability, with a 110.19% increase in profit. The company's net worth moved up by a moderate rise of 9.85%.

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
21.20%
Revenue from Operations
21.20%
Total Assets
20.45%
Profit or Loss
110.19%
Net Worth
9.85%
EBITDA
44.38%

What is the Ownership and Shareholding Structure of Paramount Castings?

In 2020, Paramount Castings 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

₹2.50 M

Satisfied Charges

₹1.00 M

Charges Breakdown by Lending Institutions

  • Others : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
15 Mar 2018 Others ₹2.50 M Open
29 Jan 2003 State Bank Of Patiala ₹1.00 M Satisfied

How Many Employees Work at Paramount Castings?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Castings, 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 Castings'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 Castings

Recent activity within the organization

  • Annual General Meeting

    Paramount Castings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paramount Castings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100168618 was registered on 15 Mar 2018.

    15 Mar 2018

  • Charges

    A charge registered on 29 Jan 2003 via Charge ID 90309495 with State Bank Of Patiala was fully satisfied on 20 May 2017.

    20 May 2017

  • Charges

    A charge with State Bank Of Patiala amounted to Rs. 1.00 M with Charge ID 90309495 was registered on 29 Jan 2003.

    29 Jan 2003

  • Director Appointment

    Mohd Aarif was appointed as a Director was appointed as a Director on 01 Apr 1996 & has been associated with this company since 28 years 10 months .

    01 Apr 1996

Frequently asked questions

  • Paramount Castings Pvt Ltd was incorporated on 03 May 1993.

  • The authorized share capital of Paramount Castings Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 1.80 M.

  • Currently 4 directors are associated with Paramount Castings Pvt Ltd.

    • Zarina Bequm
    • Mohd Aarif
    • Mohammad Azam
    • Mohd Sardar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Castings Pvt Ltd is Naudhrani Roadmalerkotla Distt Sangrur India, Punjab, 148023.

  • The corporate identification number (CIN) of Paramount Castings Pvt Ltd is U27310PB1993PTC013291 and the company number is 013291 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Paramount Castings Pvt Ltd has risen by 21.20%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Paramount Castings Pvt Ltd has experienced an upsurge of 9.85%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Paramount Castings Pvt Ltd amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Paramount Castings Pvt Ltd was filed with the ROC on 31 Mar 2024.