Paramount Health Services & Insurance Tpa Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
- Paid Up Capital ₹ 6.25 Cr
- Company Age 23 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 30.81 Cr
- Revenue Growth 21.87%
- Profit Growth 61.34%
- Ebitda 27.45%
- Net Worth 9.35%
- Total Assets 16.07%
About Paramount Health Services & Insurance Tpa
Paramount Health Services & Insurance Tpa Private Limited (PHSITPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 2001 and has a history of 23 years and four months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Paramount Health Services Private Limited. 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 6.50 Cr and a paid-up capital of Rs 6.25 Cr.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹30.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paramount Health Services & Insurance Tpa Private Limited India is Nayan Shah as CEO. Nayan Shah, Sanjeev Jha, Sandhya Shah, and One other member serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85190MH2001PTC133736
- Company No.
133736
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Oct 2001
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Paramount Health Services & Insurance Tpa?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nayan Shah  | Managing Director | 19-Oct-2001 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjeev Jha | Director | 22-Jan-2021 | Current |
| Sandhya Shah | Director | 26-May-2009 | Current |
Manjunatha Ravindra  | Director | 23-Oct-2020 | Current |
Financial Performance of Paramount Health Services & Insurance Tpa.
Paramount Health Services & Insurance Tpa Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.87% increase. The company also saw a substantial improvement in profitability, with a 61.34% increase in profit. The company's net worth moved up by a moderate rise of 9.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Health Services & Insurance Tpa?
In 2023, Paramount Health Services & Insurance Tpa had a promoter holding of 49.00% and a public holding of 51.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Healthquarters India Private LimitedNayan Shah and Sandhya Shah are mutual person
Maxop Engineering Company Private LimitedSanjeev Jha is a mutual person
Jaynix Engineering Private LimitedSanjeev Jha is a mutual person
Eximius Infotech Private LimitedNayan Shah and Sandhya Shah are mutual person
Paramount Healthcare Management Private Limited.Nayan Shah and Sandhya Shah are mutual person
True Care Education Private LimitedNayan Shah is a mutual person
Charges (Loans)
Open Charges
₹20.00 Cr
Satisfied Charges
₹30.81 Cr
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2017 | Others | ₹20.00 Cr | Open |
| 27 Dec 2021 | Others | ₹5.40 M | Satisfied |
| 31 Aug 2018 | Others | ₹2.00 Cr | Satisfied |
| 18 May 2016 | Others | ₹3.00 M | Satisfied |
| 09 Jun 2015 | Others | ₹3.70 M | Satisfied |
How Many Employees Work at Paramount Health Services & Insurance Tpa?
Paramount Health Services & Insurance Tpa has a workforce of 2550 employees as of Apr 09, 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 Health Services & Insurance Tpa, 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 Health Services & Insurance Tpa'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.
Latest Updates, News, and FAQs on Paramount Health Services & Insurance Tpa
Recent activity within the organization
- Charges
A charge registered on 27 Dec 2021 via Charge ID 100517557 with Others was fully satisfied on 09 Dec 2024.
- Annual General Meeting
Paramount Health Services & Insurance Tpa Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Paramount Health Services & Insurance Tpa Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 01 Aug 2017 with Charge ID 100178227 was modified on 29 Jan 2024.
- Charges
A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100517557 was registered on 27 Dec 2021.
- Director Appointment
Sanjeev Jha was appointed as a Director was appointed as a Director on 22 Jan 2021 & has been associated with this company since 4 years 1 month .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Paramount Health Services & Insurance Tpa Private Limited?
Paramount Health Services & Insurance Tpa Private Limited was incorporated on 19 Oct 2001.
What is authorized share capital and paid-up capital of Paramount Health Services & Insurance Tpa Private Limited?
The authorized share capital of Paramount Health Services & Insurance Tpa Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.25 Cr.
Who are the current board members & directors of Paramount Health Services & Insurance Tpa Private Limited?
Currently 5 directors are associated with Paramount Health Services & Insurance Tpa Private Limited.
- Nayan Champaklal Shah
- Nayan Champaklal Shah
- Sanjeev Jha
- Sandhya Nayan Shah
- Manjunatha Prabhakar Ravindra
What is the registered address of Paramount Health Services & Insurance Tpa Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Health Services & Insurance Tpa Private Limited is Plot No. A-442 Road 28 Midc Industrial Area, Wagle Estate Ram Nagar Nr. Vitthal Rukhm Ani Mandir India, Thane, Maharashtra, 400604.
What is the corporate identification number (CIN) and company number of Paramount Health Services & Insurance Tpa Private Limited?
The corporate identification number (CIN) of Paramount Health Services & Insurance Tpa Private Limited is U85190MH2001PTC133736 and the company number is 133736 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paramount Health Services & Insurance Tpa Private Limited?
The Official website of Paramount Health Services & Insurance Tpa Private Limited is https://www.paramounttpa.com
What has been the recent revenue trend for Paramount Health Services & Insurance Tpa Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Health Services & Insurance Tpa Private Limited has risen by 21.87%.
How many employees does Paramount Health Services & Insurance Tpa Private Limited currently have?
As Per 2023 financial reports, 2550 employees are currently employed by Paramount Health Services & Insurance Tpa Private Limited.
What change has been observed in the net worth of Paramount Health Services & Insurance Tpa Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Health Services & Insurance Tpa Private Limited has experienced an upsurge of 9.35%.
What are the total open charges for Paramount Health Services & Insurance Tpa Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Paramount Health Services & Insurance Tpa Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Paramount Health Services & Insurance Tpa Private Limited filed with the ROC?
The most recent Balance Sheet for Paramount Health Services & Insurance Tpa Private Limited was filed with the ROC on 31 Mar 2024.
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