Paramount Castors & Equipments Private Limited

Manufactures material handling equipment, including stainless steel pallet trucks, scissor lifts, and stackers.

2010 | Thane, Maharashtra (India) | Active
Last Updated: January 08, 2025

Paramount Castors & Equipments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.87 Cr
  • Satisfied Charges ₹ 6.60 M
  • Revenue Growth -55.75%
  • Profit Growth -295.67%
  • Ebitda -25.20%
  • Net Worth -18.62%
  • Total Assets -9.08%

About Paramount Castors & Equipments

Paramount Castors & Equipments Private Limited (PCEPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2010 and has a history of 14 years and eight months. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.87 Cr. The company has closed loans amounting to ₹6.60 M, as per Ministry of Corporate Affairs (MCA) records.

Sagir Shaikh and Salim Shaikh serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U35303MH2010PTC204178

  • Company No.

    204178

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

Who are the key members and board of directors at Paramount Castors & Equipments?

Executive Team (1)

NameDesignationAppointment DateStatus
Salim Shaikh Country flag representing In Managing Director14-Jun-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Sagir Shaikh Country flag representing In Director 14-Jun-2010Current

Financial Performance of Paramount Castors & Equipments.

Paramount Castors & Equipments Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 55.75% decrease. The company also saw a substantial fall in profitability, with a 295.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.62%.

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
-55.75%
Revenue from Operations
-55.31%
Total Assets
-9.08%
Profit or Loss
-295.67%
Net Worth
-18.62%
EBITDA
-25.20%

What is the Ownership and Shareholding Structure of Paramount Castors & Equipments?

In 2018, Paramount Castors & Equipments 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

₹18.70 M

Satisfied Charges

₹6.60 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 1.87 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2017City Union Bank Limited₹3.40 MOpen
29 Feb 2016City Union Bank Limited₹1.53 CrOpen
30 Apr 2012Hdfc Bank Limited₹4.50 MSatisfied
03 Feb 2011Jammu & Kashmir Bank Limited₹2.10 MSatisfied

How Many Employees Work at Paramount Castors & Equipments?

Unlock and access historical data on people associated with Paramount Castors & Equipments, 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 Castors & Equipments, 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 Castors & Equipments'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 Castors & Equipments

Recent activity within the organization

  • Annual General Meeting

    Paramount Castors & Equipments 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 Castors & Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 3.40 M with Charge ID 100090300 was registered on 15 Mar 2017.

    15 Mar 2017

  • Charges

    A charge registered on 30 Apr 2012 via Charge ID 10353047 with Hdfc Bank Limited was fully satisfied on 15 Mar 2016.

    15 Mar 2016

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 15.30 M with Charge ID 100065878 was registered on 29 Feb 2016.

    29 Feb 2016

  • Charges

    A charge with Hdfc Bank Limited of Rs. 4.50 M registered on 30 Apr 2012 with Charge ID 10353047 was modified on 14 Feb 2015.

    14 Feb 2015

Frequently asked questions

  • Paramount Castors & Equipments Private Limited was incorporated on 14 Jun 2010.

  • The authorized share capital of Paramount Castors & Equipments Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Paramount Castors & Equipments Private Limited.

    • Sagir Shaikh
    • Salim Shaikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Castors & Equipments Private Limited is 603/C Poonam Shrushti Latiff Park Opp.S.K.Stone Mira Bhayandar Road Road(E), India, Thana, Maharashtra, 401107.

  • The corporate identification number (CIN) of Paramount Castors & Equipments Private Limited is U35303MH2010PTC204178 and the company number is 204178 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Paramount Castors & Equipments Private Limited has fallen by -55.75%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Paramount Castors & Equipments Private Limited has experienced an downturn of -18.62%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Paramount Castors & Equipments Private Limited amount to ₹ 1.87 Cr.

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