Paramount Communications Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
as on 26-07-2024
- Paid Up Capital ₹ 60.69 Cr
as on 26-07-2024
- Company Age 30 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 304.70 Cr
as on 26-07-2024
- Satisfied Charges ₹ 395.94 Cr
as on 26-07-2024
- Revenue 39.00%
(FY 2023)
- Profit 482.16%
(FY 2023)
- Ebitda 134.87%
(FY 2023)
- Net Worth 46.27%
(FY 2023)
- Total Assets 4.77%
(FY 2023)
About Paramount Communications
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530555 and on the National Stock Exchange(NSE) under PARACABLES.
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 2023. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 60.69 Cr.
The company currently has active open charges totaling ₹304.70 Cr. The company has closed loans amounting to ₹395.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paramount Communications Limited India are Shambhu Agarwal as CFO and Rashi Aggarwal as Company Secretary. Sanjay Aggarwal, Sandeep Aggarwal, Vijay Maheshwari, and Four other members serve as directors at the Company.
- CIN/LLPIN
L74899DL1994PLC061295
- Company No.
061295
- Stock Symbol
BSE : 530555 NSE : PARACABLES
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Sep 1994
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
Company Details
- Location
South West Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Paramount Communications Limited offer?
Paramount Communications Limited offers a wide range of products and services, including Telecommunication Equipment & Parts, Telecom Cable, Electrical Cables & Wires, Power Cable, Industrial Wires, Submersible Cables, Multicore Cables, HT Power Cable, House Wire, Paramount House Wire.
Who are the key members and board of directors at Paramount Communications?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Aggarwal  | Managing Director | 01-Nov-1994 | Current |
| Shambhu Agarwal | CFO | 01-Oct-2014 | Current |
| Rashi Aggarwal | Company Secretary | 10-Aug-2023 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Aggarwal | Whole-Time Director | 01-Nov-1994 | Current |
| Praveena Kala | Director | 14-Jul-2020 | Current |
| Malini Gupta | Director | 30-Jan-2015 | Current |
| Vijay Maheshwari | Director | 01-Apr-2019 | Current |
| Harish Kumar | Director | 16-Jan-2024 | Current |
| Narender Goyal | Director | 16-Jan-2024 | Current |
Financial Performance and Corporate Structure Insights of Paramount Communications.
Paramount Communications Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39% increase. The company also saw a substantial improvement in profitability, with a 482.16% increase in profit. The company's net worth Soared by an impressive increase of 46.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Communications?
In 2022, Paramount Communications had a promoter holding of 62.12% and a public holding of 37.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sumedha Management Solutions Private LimitedActive 7 years 10 monthsVijay Maheshwari is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 06 Mar 2024 | ₹6.34 M | Open |
Others Creation Date: 22 Feb 2024 | ₹3.08 M | Open |
Canara Bank Creation Date: 23 Nov 2023 | ₹1.20 M | Open |
How Many Employees Work at Paramount Communications?
Paramount Communications has a workforce of 285 employees as of Jul 26, 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 Communications, 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 Communications'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.
