Paramount Cosmetics (India) Limited

Manufacturer and marketer of cosmetic products for men and women.

1985 | Valsad, Gujarat (India) | Active
Last Updated: July 15, 2024

Paramount Cosmetics (India) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.86 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.67 Cr
  • Satisfied Charges ₹ 28.35 Cr
  • Revenue Growth 8.79%
  • Profit Growth 8.17%
  • Ebitda 388.10%
  • Net Worth 2.28%
  • Total Assets -6.20%

About Paramount Cosmetics (India)

Paramount Cosmetics (India) Limited (PCIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 20 November 1985 and has a history of 39 years and three months. Its registered office is in Valsad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507970.

The Company is engaged in the Fmcg 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 5.00 Cr and a paid-up capital of Rs 4.86 Cr.

The company currently has active open charges totaling ₹14.67 Cr. The company has closed loans amounting to ₹28.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paramount Cosmetics (India) Limited India are Ankita Karnani as COMPANY SECRETARY and Rajnish Matta as Cfo. Vishwaskumar Sharma, Aartii Topiwaala, and Hiitesh Topiiwaalla serve as directors at the Company.

Company Details

  • Location

    Valsad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parammount.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24240GJ1985PLC008282

  • Company No.

    008282

  • Stock Symbol

    BSE : 507970

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1985

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

FMCG

What products or services does Paramount Cosmetics (India) Limited offer?

Paramount Cosmetics (India) Limited offers a wide range of products and services, including Skin Care Cosmetics, Skin Gel, Herbal Cosmetics, Herbal Kajal, Body Spray, Body Deodorants, Ayurvedic, Herbal Oils and Cosmetics, Bindi, Sindoor, Kumkum.

Who are the key members and board of directors at Paramount Cosmetics (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Hiitesh Topiiwaalla Country flag representing In Managing Director01-Aug-2005Current
Ankita Karnani Country flag representing In Company Secretary05-Apr-2024Current
Rajnish Matta CFO09-Sep-2020Current

Board Members (2)

NameDesignationAppointment DateStatus
Vishwaskumar Sharma Country flag representing In Director 14-Nov-2022Current
Aartii Topiwaala Country flag representing In Director 31-Mar-2011Current

Financial Performance of Paramount Cosmetics (India).

Paramount Cosmetics (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.79% increase. The company also saw a slight improvement in profitability, with a 8.17% increase in profit. The company's net worth moved up by a moderate rise of 2.28%.

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
8.79%
Revenue from Operations
32.37%
Total Assets
-6.20%
Profit or Loss
8.17%
Net Worth
2.28%
EBITDA
388.10%

What is the Ownership and Shareholding Structure of Paramount Cosmetics (India)?

In 2022, Paramount Cosmetics (India) had a promoter holding of 74.78% and a public holding of 25.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.67 Cr

Satisfied Charges

₹28.35 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 14.67 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2010Idbi Bank Limited₹14.67 CrOpen
18 Jan 2008State Bank Of Indore₹7.40 CrSatisfied
14 Nov 2003State Bank Of Indore₹3.50 CrSatisfied
14 Nov 2003State Bank Of Indore₹7.50 MSatisfied
22 Mar 2003State Bankof Indore₹4.50 MSatisfied

How Many Employees Work at Paramount Cosmetics (India)?

Paramount Cosmetics (India) has a workforce of 63 employees as of Apr 07, 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 Cosmetics (India), 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 Cosmetics (India)'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 Cosmetics (India)

Recent activity within the organization

  • Director Appointment

    Ankita Karnani was appointed as a Company Secretary was appointed as a Company Secretary on 05 Apr 2024 & has been associated with this company since 10 months 17 days .

    05 Apr 2024

  • Annual General Meeting

    Paramount Cosmetics (India) Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Paramount Cosmetics (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Vishwaskumar Ashokkumar Sharma was appointed as a Director was appointed as a Director on 14 Nov 2022 & has been associated with this company since 2 years 3 months .

    14 Nov 2022

  • Charges

    A charge with Idbi Bank Limited of Rs. 14.67 Cr registered on 03 May 2010 with Charge ID 10220634 was modified on 30 Sep 2021.

    30 Sep 2021

  • Director Appointment

    Rajnish Matta was appointed as a Cfo was appointed as a Cfo on 09 Sep 2020 & has been associated with this company since 4 years 5 months .

    09 Sep 2020

Frequently asked questions

  • Paramount Cosmetics (India) Limited was incorporated on 20 Nov 1985.

  • The authorized share capital of Paramount Cosmetics (India) Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.86 Cr.

  • Currently 5 directors are associated with Paramount Cosmetics (India) Limited.

    • Vishwaskumar Ashokkumar Sharma
    • Ankita Karnani
    • Rajnish Matta
    • Aartii Topiwaala
    • Hiitesh Topiiwaalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Cosmetics (India) Limited is Plot No. 165/B-15 & 16, 2Nd Phase Gidc, Vapi, Gujarat, India, 396195.

  • The corporate identification number (CIN) of Paramount Cosmetics (India) Limited is L24240GJ1985PLC008282 and the company number is 008282 as per Ministry of Corporate Affairs (MCA).

  • Yes, Paramount Cosmetics (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Paramount Cosmetics (India) Limited is https://www.parammount.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Cosmetics (India) Limited has risen by 8.79%.

  • As Per 2023 financial reports, 63 employees are currently employed by Paramount Cosmetics (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Cosmetics (India) Limited has experienced an upsurge of 2.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Cosmetics (India) Limited amount to ₹ 14.67 Cr.

  • The most recent Balance Sheet for Paramount Cosmetics (India) Limited was filed with the ROC on 31 Mar 2023.

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