Paramount Looms Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 2.81 Cr
as on 24-10-2024
- Company Age 8 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.81 Cr
as on 24-10-2024
- Revenue 10.91%
(FY 2023)
- Profit 53.98%
(FY 2023)
- Ebitda 42.43%
(FY 2023)
- Net Worth 36.34%
(FY 2023)
- Total Assets -26.26%
(FY 2023)
About Paramount Looms
The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.81 Cr.
The company currently has active open charges totaling ₹8.81 Cr.
Shabnam Multani and Allarakha Multani serve as directors at the Company.
- CIN/LLPIN
U29220GJ2016PTC092277
- Company No.
092277
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 May 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Paramount Looms Private Limited offer?
Paramount Looms Private Limited offers a wide range of products and services, including Weaving Machines, Water Jet Loom Machine, Rapier Loom, Flexible Rapier Loom, Power Loom Machine, Shuttle Loom Machine, DCS Panel, PLC Control Panel, Auxiliary Machine, Electronic Jacquard Machine.
Who are the key members and board of directors at Paramount Looms?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shabnam Multani  | Director | 31-May-2016 | Current |
| Allarakha Multani | Director | 31-May-2016 | Current |
Financial Performance of Paramount Looms.
Paramount Looms Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 10.91% increase. The company also saw a substantial improvement in profitability, with a 53.98% increase in profit. The company's net worth Soared by an impressive increase of 36.34%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Looms?
In 2023, Paramount Looms had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ismail Master FoundationActive 6 months 30 daysShabnam Multani and Allarakha Multani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 04 Oct 2023 | ₹4.81 Cr | Open |
Others Creation Date: 09 Apr 2018 | ₹4.00 Cr | Open |
How Many Employees Work at Paramount Looms?
Paramount Looms has a workforce of 15 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Looms, 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 Looms'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.
