Paramount Limited

Designing, engineering, manufacturing, and construction for water and wastewater treatment, pressure vessels, and more.

1976 | Baroda, Gujarat (India) | Active
Last Updated: October 24, 2024

Paramount Profile

Key Indicators

  • Authorised Capital ₹ 7.35 Cr
  • Paid Up Capital ₹ 2.83 Cr
  • Company Age 48 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 399.20 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 20.87%
  • Profit Growth 120.74%
  • Ebitda 77.20%
  • Net Worth 15.49%
  • Total Assets 28.38%

About Paramount

Paramount Limited (PL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 December 1976 and has a history of 48 years and two months. Its registered office is in Baroda, Gujarat.

The Corporate was formerly known as Paramount Pollution Control Limited. The Company is engaged in the Environment 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 7.35 Cr and a paid-up capital of Rs 2.83 Cr.

The company currently has active open charges totaling ₹399.20 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Kanubhai Patel, Kewalkrishna Gurucharandas, Samir Tuli, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74120GJ1976PLC002956

  • Company No.

    002956

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Dec 1976

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment
Machinery and Equipment

What products or services does Paramount Limited offer?

Paramount Limited offers a wide range of products and services, including Filters & Filtration Systems, Sand Filters, Water Treatment & Purification Plant, Sewage Treatment Plants, Clarifiers, Pollution Control Devices & Machines, Industrial Scrubber System, Reverse Osmosis Plants, Reverse Osmosis Systems, Bar, Neodymium & Permanent Magnets.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Samir Tuli Country flag representing In Managing Director15-Apr-2003Current
Dilip Shukla Country flag representing In Managing Director12-Feb-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Kanubhai Patel Country flag representing In Director 30-Jun-2017Current
Kewalkrishna Gurucharandas Country flag representing In Director 30-Mar-2004Current
Sanjay Gupta Country flag representing In Additional Director 12-Oct-2022Current

Financial Performance of Paramount.

Paramount Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.87% increase. The company also saw a substantial improvement in profitability, with a 120.74% increase in profit. The company's net worth Soared by an impressive increase of 15.49%.

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
20.87%
Revenue from Operations
21.20%
Total Assets
28.38%
Profit or Loss
120.74%
Net Worth
15.49%
EBITDA
77.20%

What is the Ownership and Shareholding Structure of Paramount?

In 2023, Paramount 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

₹399.20 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 399.20 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2014Indian Overseas Bank₹2.00 MOpen
12 Sep 2008Indian Overseas Bank₹3.00 CrOpen
28 Jan 2005Indian Overseas Bank₹198.00 CrOpen
18 Jan 2005Indian Overseas Bank₹198.00 CrOpen
20 Mar 2009Indian Overseas Bank₹5.00 MSatisfied

How Many Employees Work at Paramount?

Paramount has a workforce of 661 employees as of Jul 22, 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, 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'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

Recent activity within the organization

  • Annual General Meeting

    Paramount Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 198.00 Cr registered on 28 Jan 2005 with Charge ID 90096946 was modified on 31 Mar 2023.

    31 Mar 2023

  • Charges

    A charge with Indian Overseas Bank of Rs. 198.00 Cr registered on 18 Jan 2005 with Charge ID 90102432 was modified on 31 Mar 2023.

    31 Mar 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Sanjay Gupta was appointed as a Additional Director was appointed as a Additional Director on 12 Oct 2022 & has been associated with this company since 2 years 4 months .

    12 Oct 2022

  • Director Appointment

    Kanubhai Shakarabhai Patel was appointed as a Director was appointed as a Director on 30 Jun 2017 & has been associated with this company since 7 years 7 months .

    30 Jun 2017

Frequently asked questions

  • Paramount Limited was incorporated on 17 Dec 1976.

  • The authorized share capital of Paramount Limited is ₹ 7.35 Cr and paid-up capital is ₹ 2.83 Cr.

  • Currently 5 directors are associated with Paramount Limited.

    • Kanubhai Shakarabhai Patel
    • Kewalkrishna Tuli Gurucharandas
    • Samir Kewalkrishna Tuli
    • Sanjay Gupta
    • Dilip Ranjitbhai Shukla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Limited is Paramount Complex Gotri Roadrace Course India, Baroda, Gujarat.

  • The corporate identification number (CIN) of Paramount Limited is U74120GJ1976PLC002956 and the company number is 002956 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Limited is https://www.paramountlimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Limited has risen by 20.87%.

  • As Per 2023 financial reports, 661 employees are currently employed by Paramount Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Limited has experienced an upsurge of 15.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Limited amount to ₹ 399.20 Cr.

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

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