Paramount Group Private Limited

Provides collection agency services and manufactures metal boxes, drums, vessels and more.

1963 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Paramount Group Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.24 M
  • Company Age 61 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 24.01 Cr
  • Revenue Growth 30.93%
  • Profit Growth 13.68%
  • Ebitda 13.68%
  • Net Worth -2.27%
  • Total Assets 0.82%

About Paramount Group

Paramount Group Private Limited (PGPL) was founded in India on 07 November 1963 and has a glorious history of 61 years and three months.Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services 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 2.00 M and a paid-up capital of Rs 0.24 M.

The company has closed loans amounting to ₹24.01 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Chiteri Meyyappan and Chitteri Vivekanandan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U92490TN1963PTC005095

  • Company No.

    005095

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 1963

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

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

Board Members (2)

NameDesignationAppointment DateStatus
Chiteri Meyyappan Country flag representing In Director 17-Mar-2011Current
Chitteri Vivekanandan Country flag representing In Director 17-Mar-2011Current

Financial Performance of Paramount Group.

Paramount Group Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 30.93% increase. The company also saw a substantial improvement in profitability, with a 13.68% increase in profit. The company's net worth dipped by a decrease of 2.27%.

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
30.93%
Revenue from Operations
30.93%
Total Assets
0.82%
Profit or Loss
13.68%
Net Worth
-2.27%
EBITDA
13.68%

What is the Ownership and Shareholding Structure of Paramount Group?

In 2019, Paramount Group had a promoter holding of 42.37% and a public holding of 57.63%. 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

₹240.07 M

Charges Breakdown by Lending Institutions

  • Icici Bank Ltd. : 24.00 Cr
  • State Bank Of India : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
28 Dec 1999Icici Bank Ltd.₹24.00 CrSatisfied
28 Feb 1970State Bank Of India₹0.07 MSatisfied

How Many Employees Work at Paramount Group?

Unlock and access historical data on people associated with Paramount Group, 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 Group, 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 Group'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 Group

Recent activity within the organization

  • Annual General Meeting

    Paramount Group 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 Group Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Chiteri Devaraj Meyyappan was appointed as a Director was appointed as a Director on 17 Mar 2011 & has been associated with this company since 13 years 11 months .

    17 Mar 2011

  • Director Appointment

    Chitteri Devaraj Vivekanandan was appointed as a Director was appointed as a Director on 17 Mar 2011 & has been associated with this company since 13 years 11 months .

    17 Mar 2011

  • Charges

    A charge registered on 28 Dec 1999 via Charge ID 90317203 with Icici Bank Ltd. was fully satisfied on 14 Nov 2008.

    14 Nov 2008

  • Charges

    A charge with Icici Bank Ltd. of Rs. 240.00 M registered on 28 Dec 1999 with Charge ID 90317203 was modified on 20 Dec 2002.

    20 Dec 2002

Frequently asked questions

  • Paramount Group Private Limited was incorporated on 07 Nov 1963.

  • The authorized share capital of Paramount Group Private Limited is ₹ 2.00 M and paid-up capital is ₹ 0.24 M.

  • Currently 2 directors are associated with Paramount Group Private Limited.

    • Chiteri Devaraj Meyyappan
    • Chitteri Devaraj Vivekanandan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Group Private Limited is Paramount Gardens 11, Arunachalam Road Saligramam India, Chennai, Tamil Nadu, 600093.

  • The corporate identification number (CIN) of Paramount Group Private Limited is U92490TN1963PTC005095 and the company number is 005095 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Paramount Group Private Limited has risen by 30.93%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Paramount Group Private Limited has experienced an downturn of -2.27%.

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

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