Paramount Corporation Limited

Multimedia production and distribution company with a focus on television and film.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Paramount Corporation Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 12.00 Cr
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.06 Cr
  • Revenue Growth -91.00%
  • Profit Growth 11.17%
  • Ebitda 88.28%
  • Net Worth -0.44%
  • Total Assets -3.81%

About Paramount Corporation

Paramount Corporation Limited (PCL) is a Public Limited Indian Non-Government Company incorporated in India on 29 January 1999 and has a history of 26 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Nimbus Creative Corporation Limited. The Company is engaged in the Education 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 12.00 Cr and a paid-up capital of Rs 12.00 Cr.

The company currently has active open charges totaling ₹41.06 Cr.

The Key Managerial Personnel (KMP) at Paramount Corporation Limited India is Harish Thawani as CFO. Shobha Thawani, Harish Thawani, Ritesh Gandhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1999PLC118070

  • Company No.

    118070

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Education

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harish Thawani CFO07-Dec-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Shobha Thawani Country flag representing In Director 29-Jan-1999Current
Harish Thawani Country flag representing In Whole-Time Director 29-Jan-1999Current
Ritesh Gandhi Country flag representing In Additional Director 30-Sep-2020Current
Rahul Keni Country flag representing In Additional Director 30-Sep-2020Current

Financial Performance of Paramount Corporation.

Paramount Corporation Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 91% decrease. The company also saw a substantial improvement in profitability, with a 11.17% increase in profit. The company's net worth dipped by a decrease of 0.44%.

Paramount Corporation revenue growth over time
Paramount Corporation 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
-91.00%
Revenue from Operations
Total Assets
-3.81%
Profit or Loss
11.17%
Net Worth
-0.44%
EBITDA
88.28%

What is the Ownership and Shareholding Structure of Paramount Corporation?

In 2021, Paramount Corporation 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

₹41.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Global Trust Bank Ltd. : 41.06 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 1999Global Trust Bank Ltd.₹41.06 CrOpen

How Many Employees Work at Paramount Corporation?

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

Employee growth trends for Paramount Corporation Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Paramount Corporation Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Paramount Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Director Appointment

    Harish Kanayalal Thawani was appointed as a Cfo was appointed as a Cfo on 07 Dec 2020 & has been associated with this company since 4 years 2 months .

  • Director Appointment

    Ritesh Gandhi was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Rahul Ganpat Keni was appointed as a Additional Director was appointed as a Additional Director on 30 Sep 2020 & has been associated with this company since 4 years 5 months .

  • Charges

    A charge with Global Trust Bank Ltd. of Rs. 41.06 Cr registered on 19 May 1999 with Charge ID 90361629 was modified on 06 Sep 2003.

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Corporation Limited?

    Paramount Corporation Limited was incorporated on 29 Jan 1999.

  • What is authorized share capital and paid-up capital of Paramount Corporation Limited?

    The authorized share capital of Paramount Corporation Limited is ₹ 12.00 Cr and paid-up capital is ₹ 12.00 Cr.

  • Who are the current board members & directors of Paramount Corporation Limited?

    Currently 5 directors are associated with Paramount Corporation Limited.

    • Shobha Harish Thawani
    • Harish Kanayalal Thawani
    • Ritesh Gandhi
    • Rahul Ganpat Keni
    • Harish Kanayalal Thawani

  • What is the registered address of Paramount Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Corporation Limited is 701 Rendezvous, 120 Perry Road Bandra (West) India, Mumbai, Maharashtra, 400050.

  • What is the corporate identification number (CIN) and company number of Paramount Corporation Limited?

    The corporate identification number (CIN) of Paramount Corporation Limited is U99999MH1999PLC118070 and the company number is 118070 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Paramount Corporation Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Paramount Corporation Limited has fallen by -91.00%.

  • What change has been observed in the net worth of Paramount Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Paramount Corporation Limited has experienced an downturn of -0.44%.

  • What are the total open charges for Paramount Corporation Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Paramount Corporation Limited amount to ₹ 41.06 Cr.

  • When was the last Balance Sheet of Paramount Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Paramount Corporation Limited was filed with the ROC on 31 Mar 2023.

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