Paramount Conductors Limited

Manufacturer of winding wires, coils, and machines for manufacturing and testing coils. ISO certified with global exports.

1966 | Nagpur, Maharashtra (India) | Active
Last Updated: January 03, 2025

Paramount Conductors Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 6.92 Cr
  • Company Age 58 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 100.71 Cr

About Paramount Conductors

Paramount Conductors Limited (PCL) was founded in India on 28 December 1966 and has a glorious history of 58 years and one month. Its registered office is in Nagpur, Maharashtra, 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 8.00 Cr and a paid-up capital of Rs 6.92 Cr.

The company has closed loans amounting to ₹100.71 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paramount Conductors Limited India is Sarita Zamwar as COMPANY SECRETARY. Dev Tapadia, Rohit Tapadia, and Anupam Tapadia serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31200MH1966PLC014894

  • Company No.

    014894

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Dec 1966

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Paramount Conductors Limited offer?

Paramount Conductors Limited offers a wide range of products and services, including Electric Fittings & Components, Magnetic Coil, Drills, Grinders, Saws & Power Tools, Power Saw, Industrial Ovens, Electric Industrial Oven, Machine Tools, Bearing Puller, Machines & Equipments, Adhesive Tape Making Machine.

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

Executive Team (1)

Name Designation Appointment Date Status
Sarita Zamwar Country flag representing In Company Secretary 01-Mar-2019 Current

Board Members (3)

Name Designation Appointment Date Status
Dev Tapadia Country flag representing In Director 30-Jan-1981 Current
Rohit Tapadia Country flag representing In Director 13-Aug-1982 Current
Anupam Tapadia Country flag representing In Director 27-Sep-2016 Current

Financial Performance of Paramount Conductors.

Paramount Conductors Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Paramount Conductors?

In 2021, Paramount Conductors had a promoter holding of 65.95% and a public holding of 34.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹100.71 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 49.03 Cr
  • Ing Vysya Bank Limited : 40.47 Cr
  • Shikshak Sahakari Bank Ltd. : 6.02 Cr
  • State Bank Of India : 4.20 Cr
  • Small Industries Development Bank Of India : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2013 Bank Of Baroda ₹17.15 Cr Satisfied
26 Mar 2013 Small Industries Development Bank Of India ₹1.00 Cr Satisfied
13 Aug 2010 Ing Vysya Bank Limited ₹20.61 Cr Satisfied
26 Jun 2010 Ing Vysya Bank Limited ₹16.00 Cr Satisfied
26 Jun 2010 Ing Vysya Bank Limited ₹7.28 M Satisfied

How Many Employees Work at Paramount Conductors?

Paramount Conductors has a workforce of 19 employees as of Mar 29, 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 Conductors, 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 Conductors'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 Conductors

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Paramount Conductors Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 31 Oct 2013 via Charge ID 10461021 with Bank Of Baroda was fully satisfied on 10 Dec 2021.

    10 Dec 2021

  • Director Appointment

    Sarita Sudesh Zamwar was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2019 & has been associated with this company since 5 years 11 months .

    01 Mar 2019

  • Charges

    A charge registered on 26 Mar 2013 via Charge ID 10413767 with Small Industries Development Bank Of India was fully satisfied on 06 Jun 2018.

    06 Jun 2018

  • Director Appointment

    Anupam Vijay Tapadia was appointed as a Director was appointed as a Director on 27 Sep 2016 & has been associated with this company since 8 years 4 months .

    27 Sep 2016

Frequently asked questions

  • Paramount Conductors Limited was incorporated on 28 Dec 1966.

  • The authorized share capital of Paramount Conductors Limited is ₹ 8.00 Cr and paid-up capital is ₹ 6.92 Cr.

  • Currently 4 directors are associated with Paramount Conductors Limited.

    • Dev Kishan Tapadia
    • Rohit Gopikishan Tapadia
    • Anupam Vijay Tapadia
    • Sarita Sudesh Zamwar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Conductors Limited is Plot No. 31-A Midc India, Nagpur, Maharashtra, 440016.

  • The corporate identification number (CIN) of Paramount Conductors Limited is U31200MH1966PLC014894 and the company number is 014894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Conductors Limited is https://www.paramountconductors.com

  • As Per 2022 financial reports, 19 employees are currently employed by Paramount Conductors Limited.

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

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