Paramount Micronix Private Limited

Manufactures precision components for engineering, valve, and pump industries in India.

2009 | Kolhapur, Maharashtra (India) | Active
Last Updated: October 23, 2024

Paramount Micronix Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 15 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.81 Cr
  • Revenue Growth 13.39%
  • Profit Growth 60.63%
  • Ebitda 112.92%
  • Net Worth 519.19%
  • Total Assets -17.79%

About Paramount Micronix

Paramount Micronix Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 October 2009 and has a history of 15 years and four months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Micronix Alloy Castings Private Limited. 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company has closed loans amounting to ₹8.81 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prasad Gulavani and Yogita Gulwani serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    micronixgroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310PN2009PTC134779

  • Company No.

    134779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

What products or services does Paramount Micronix Private Limited offer?

Paramount Micronix Private Limited offers a wide range of products and services, including Jigs, Drilling Jigs.

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

Board Members (2)

NameDesignationAppointment DateStatus
Prasad Gulavani Country flag representing In Director 08-Oct-2009Current
Yogita Gulwani Country flag representing In Director 08-Oct-2009Current

Financial Performance of Paramount Micronix.

Paramount Micronix Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.39% increase. The company also saw a substantial improvement in profitability, with a 60.63% increase in profit. The company's net worth Soared by an impressive increase of 519.19%.

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
13.39%
Revenue from Operations
13.12%
Total Assets
-17.79%
Profit or Loss
60.63%
Net Worth
519.19%
EBITDA
112.92%

What is the Ownership and Shareholding Structure of Paramount Micronix?

In 2023, Paramount Micronix 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

₹88.10 M

Charges Breakdown by Lending Institutions

  • Kallappana Awade Ichalkaranji Janata Sahakari Bank Ltd. : 5.00 Cr
  • Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited : 3.10 Cr
  • Kallappanna Awade Janata Sahakari Bank Ltd : 0.40 Cr
  • Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd : 0.31 Cr

Latest Charge Details

DateLenderAmountStatus
08 Mar 2018Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹1.30 CrSatisfied
07 Sep 2017Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹1.30 CrSatisfied
30 Mar 2017Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited₹3.00 MSatisfied
10 Jan 2014Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd₹3.10 MSatisfied
21 Jun 2013Kallappanna Awade Janata Sahakari Bank Ltd₹4.00 MSatisfied

How Many Employees Work at Paramount Micronix?

Paramount Micronix has a workforce of 43 employees as of Apr 03, 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 Micronix, 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 Micronix'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 Micronix

Recent activity within the organization

  • Charges

    A charge registered on 08 Mar 2018 via Charge ID 100166467 with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited was fully satisfied on 19 Dec 2023.

    19 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge registered on 07 Sep 2017 via Charge ID 100124971 with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited was fully satisfied on 08 Apr 2022.

    08 Apr 2022

  • Charges

    A charge registered on 30 Mar 2017 via Charge ID 100093012 with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited was fully satisfied on 08 Apr 2022.

    08 Apr 2022

  • Charges

    A charge registered on 05 Feb 2010 via Charge ID 10199754 with Kallappanna Awade Ichalkaranji Janta Sahakari Bank Limited was fully satisfied on 08 Apr 2022.

    08 Apr 2022

Frequently asked questions

  • Paramount Micronix Private Limited was incorporated on 08 Oct 2009.

  • The authorized share capital of Paramount Micronix Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Paramount Micronix Private Limited.

    • Prasad Prabhakar Gulavani
    • Yogita Prasad Gulwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Micronix Private Limited is Plot No. H-20 Midc Gokul Shirgaon Tal-Karveer, India, Kolhapur, Maharashtra, 416234.

  • The corporate identification number (CIN) of Paramount Micronix Private Limited is U27310PN2009PTC134779 and the company number is 134779 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Micronix Private Limited is https://www.micronixgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Micronix Private Limited has risen by 13.39%.

  • As Per 2023 financial reports, 43 employees are currently employed by Paramount Micronix Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Micronix Private Limited has experienced an upsurge of 519.19%.

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