Paramount Health Services & Insurance Tpa Profile
Key Indicators
- Authorised Capital ₹ 6.50 Cr
as on 30-06-2024
- Paid Up Capital ₹ 6.25 Cr
as on 30-06-2024
- Company Age 23 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.54 Cr
as on 30-06-2024
- Satisfied Charges ₹ 30.27 Cr
as on 30-06-2024
- Revenue 21.87%
(FY 2023)
- Profit 61.34%
(FY 2023)
- Ebitda 27.45%
(FY 2023)
- Net Worth 9.35%
(FY 2023)
- Total Assets 16.07%
(FY 2023)
About Paramount Health Services & Insurance Tpa
The Corporate was formerly known as Paramount Health Insurance Tpa 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 2023. 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 ₹10.54 Cr. The company has closed loans amounting to ₹30.27 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, Sandhya Shah, Manjunatha Ravindra, and One other member serve as directors at the Company.
- CIN/LLPIN
U85190MH2001PTC133736
- Company No.
133736
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Oct 2001
- Date of AGM
18 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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 |
|---|---|---|---|
| Sandhya Shah | Director | 19-Oct-2001 | Current |
Manjunatha Ravindra  | Director | 23-Oct-2020 | Current |
| Sanjeev Jha | Director | 22-Jan-2021 | 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
| Metric |
| (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 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 LimitedActive 15 years 7 monthsNayan Shah and Sandhya Shah are mutual person
Eximius Infotech Private LimitedActive 17 years 7 monthsNayan Shah and Sandhya Shah are mutual person
Paramount Healthcare Management Private Limited.Active 28 years 20 daysNayan Shah and Sandhya Shah are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 27 Dec 2021 | ₹5.40 M | Open |
Others Creation Date: 01 Aug 2017 | ₹10.00 Cr | Open |
Others Creation Date: 31 Aug 2018 | ₹2.00 Cr | 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.
