Paramount Iron And Steel Works Private Limited

Manufactures plastic packaging products including foam corner guards and air bubble sheets.

1964 | Delhi (India) | Active
Last Updated: October 24, 2024

Paramount Iron And Steel Works Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 10.00 M
  • Company Age 60 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 20.77 Cr
  • Revenue Growth -18.42%
  • Profit Growth -29.00%
  • Ebitda -35.71%
  • Net Worth 5.82%
  • Total Assets -10.43%

About Paramount Iron And Steel Works

Paramount Iron And Steel Works Private Limited (PIASWPL) was founded in India on 30 November 1964 and has a glorious history of 60 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Packaging 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 Cr and a paid-up capital of Rs 10.00 M.

The company has closed loans amounting to ₹20.77 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Parveen Gupta, Lalita Gupta, Vinod Gupta, and Three other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paramountfoam.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1964PTC004285

  • Company No.

    004285

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1964

  • Date of AGM

    21 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Packaging

What products or services does Paramount Iron And Steel Works Private Limited offer?

Paramount Iron And Steel Works Private Limited offers a wide range of products and services, including Towels, Napkins & Handkerchieves, Tissue Paper, Packaging Pouches & Envelopes, Food Packaging Bag.

Who are the key members and board of directors at Paramount Iron And Steel Works?

Board Members (6)

NameDesignationAppointment DateStatus
Shivam Gupta Country flag representing In Director 10-Oct-2018Current
Parveen Gupta Country flag representing In Director 10-Oct-2018Current
Lalita Gupta Country flag representing In Director 17-Jan-1997Current
Vinod Gupta Country flag representing In Director 11-Dec-1996Current
Pankaj Gupta Country flag representing In Director 10-Oct-2018Current
Kamal Gupta Country flag representing In Director 10-Oct-2018Current

Financial Performance of Paramount Iron And Steel Works.

Paramount Iron And Steel Works Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.42% decrease. The company also saw a substantial fall in profitability, with a 29% decrease in profit. The company's net worth moved up by a moderate rise of 5.82%.

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
-18.42%
Revenue from Operations
-18.42%
Total Assets
-10.43%
Profit or Loss
-29.00%
Net Worth
5.82%
EBITDA
-35.71%

What is the Ownership and Shareholding Structure of Paramount Iron And Steel Works?

In 2023, Paramount Iron And Steel Works 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

₹0

Satisfied Charges

₹20.77 Cr

Charges Breakdown by Lending Institutions

  • Satate Bank Of India : 7.52 Cr
  • Hdfc Bank Limited : 7.50 Cr
  • State Bank Of India : 5.75 Cr

Latest Charge Details

DateLenderAmountStatus
05 Aug 2023Hdfc Bank Limited₹7.50 CrSatisfied
16 Jan 2006State Bank Of India₹4.15 CrSatisfied
02 Sep 2004State Bank Of India₹1.60 CrSatisfied
23 Jun 1997Satate Bank Of India₹7.52 CrSatisfied

How Many Employees Work at Paramount Iron And Steel Works?

Paramount Iron And Steel Works has a workforce of 78 employees as of Apr 05, 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 Iron And Steel Works, 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 Iron And Steel Works'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 Iron And Steel Works

Recent activity within the organization

  • Charges

    A charge registered on 05 Aug 2023 via Charge ID 100801998 with Hdfc Bank Limited was fully satisfied on 05 Sep 2024.

    05 Sep 2024

  • Annual General Meeting

    Paramount Iron And Steel Works Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.

    21 Aug 2024

  • Balance Sheet

    Paramount Iron And Steel Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 7.50 Cr with Charge ID 100801998 was registered on 05 Aug 2023.

    05 Aug 2023

  • Director Appointment

    Parveen Gupta was appointed as a Director was appointed as a Director on 10 Oct 2018 & has been associated with this company since 6 years 4 months .

    10 Oct 2018

  • Director Appointment

    Pankaj Gupta was appointed as a Director was appointed as a Director on 10 Oct 2018 & has been associated with this company since 6 years 4 months .

    10 Oct 2018

Frequently asked questions

  • Paramount Iron And Steel Works Private Limited was incorporated on 30 Nov 1964.

  • The authorized share capital of Paramount Iron And Steel Works Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 10.00 M.

  • Currently 6 directors are associated with Paramount Iron And Steel Works Private Limited.

    • Parveen Gupta
    • Lalita Gupta
    • Vinod Kumar Gupta
    • Pankaj Gupta
    • Kamal Gupta
    • Shivam Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Iron And Steel Works Private Limited is 55-B Block Ed Madhuban Chowkpitampura India, New Delhi, 110034.

  • The corporate identification number (CIN) of Paramount Iron And Steel Works Private Limited is U74899DL1964PTC004285 and the company number is 004285 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Iron And Steel Works Private Limited is https://www.paramountfoam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Iron And Steel Works Private Limited has fallen by -18.42%.

  • As Per 2023 financial reports, 78 employees are currently employed by Paramount Iron And Steel Works Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Iron And Steel Works Private Limited has experienced an upsurge of 5.82%.

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

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