Paramount Minerals And Chemicals Limited

Manufacturer of OBAs and specialty chemicals for textiles, paper, and detergent industries.

1975 | Thane, Maharashtra (India) | Active
Last Updated: February 12, 2025

Paramount Minerals And Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 12.16 Cr
  • Paid Up Capital ₹ 12.16 Cr
  • Company Age 50 Year, 9 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 204.35 Cr
  • Satisfied Charges ₹ 61.13 Cr
  • Revenue Growth -70.49%
  • Profit Growth 17.12%
  • Ebitda 41.61%
  • Net Worth -99.97%
  • Total Assets -10.51%

About Paramount Minerals And Chemicals

Paramount Minerals And Chemicals Limited (PMACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 February 1975 and has a history of 50 years. Its registered office is in Thane, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 12.16 Cr and a paid-up capital of Rs 12.16 Cr.

The company currently has active open charges totaling ₹204.35 Cr. The company has closed loans amounting to ₹61.13 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagruti Makwana, Manojkumar Bihani, and Ramniwas Karwa serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pmclindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900MH1975PLC018144

  • Company No.

    018144

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Paramount Minerals And Chemicals Limited offer?

Paramount Minerals And Chemicals Limited offers a wide range of products and services, including A4 Size Paper, Printing Paper, Copier Paper, Surfactants, Paper Rolls, POS Paper, Thermal Paper Rolls, Laboratory & Lab Equipment, Laboratory Paper, Kraft Paper.

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

Board Members (3)

NameDesignationAppointment DateStatus
Jagruti Makwana Country flag representing In Director 14-Jun-2023Current
Manojkumar Bihani Country flag representing In Whole-Time Director 12-Jun-2021Current
Ramniwas Karwa Country flag representing In Director 11-Aug-2023Current

Financial Performance of Paramount Minerals And Chemicals.

Paramount Minerals And Chemicals Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.49% decrease. The company also saw a substantial improvement in profitability, with a 17.12% increase in profit. The company's net worth observed a substantial decline by a decrease of 99.97%.

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
-70.49%
Revenue from Operations
-72.23%
Total Assets
-10.51%
Profit or Loss
17.12%
Net Worth
-99.97%
EBITDA
41.61%

What is the Ownership and Shareholding Structure of Paramount Minerals And Chemicals?

In 2023, Paramount Minerals And Chemicals had a promoter holding of 32.36% and a public holding of 67.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹204.35 Cr

Satisfied Charges

₹61.13 Cr

Charges Breakdown by Lending Institutions

  • Others : 198.01 Cr
  • Central Bank Of India : 4.31 Cr
  • Export Import Bank Of India : 2.03 Cr

Latest Charge Details

DateLenderAmountStatus
19 Mar 2021Others₹5.80 CrOpen
24 Feb 2021Others₹1.43 CrOpen
18 Dec 2020Others₹62.00 CrOpen
07 Aug 2020Others₹9.00 MOpen
21 Nov 2017Others₹5.50 CrOpen

How Many Employees Work at Paramount Minerals And Chemicals?

Paramount Minerals And Chemicals has a workforce of 66 employees as of Apr 08, 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 Minerals And Chemicals, 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 Minerals And Chemicals'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 Minerals And Chemicals

Recent activity within the organization

  • Charges

    A charge registered on 01 Aug 2021 via Charge ID 100479361 with Hdfc Bank Limited was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge registered on 07 May 2018 via Charge ID 100182835 with Hdfc Bank Limited was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Charges

    A charge registered on 30 Jul 2015 via Charge ID 10587831 with Hdfc Bank Limited was fully satisfied on 30 Sep 2024.

    30 Sep 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Ramniwas Karwa was appointed as a Director was appointed as a Director on 11 Aug 2023 & has been associated with this company since 1 year 6 months .

    11 Aug 2023

  • Director Appointment

    Jagruti Deepak Makwana was appointed as a Director was appointed as a Director on 14 Jun 2023 & has been associated with this company since 1 year 8 months .

    14 Jun 2023

Frequently asked questions

  • Paramount Minerals And Chemicals Limited was incorporated on 14 Feb 1975.

  • The authorized share capital of Paramount Minerals And Chemicals Limited is ₹ 12.16 Cr and paid-up capital is ₹ 12.16 Cr.

  • Currently 3 directors are associated with Paramount Minerals And Chemicals Limited.

    • Jagruti Deepak Makwana
    • Manojkumar Bihani
    • Ramniwas Karwa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Minerals And Chemicals Limited is Plot No. C-6 Amp Gate Midc Ambernath, Thane India, Kalyan, Maharashtra, 421501.

  • The corporate identification number (CIN) of Paramount Minerals And Chemicals Limited is U72900MH1975PLC018144 and the company number is 018144 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Minerals And Chemicals Limited is https://www.pmclindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Minerals And Chemicals Limited has fallen by -70.49%.

  • As Per 2023 financial reports, 66 employees are currently employed by Paramount Minerals And Chemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Minerals And Chemicals Limited has experienced an downturn of -99.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Minerals And Chemicals Limited amount to ₹ 204.35 Cr.

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

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