Paramount Office Systems Private Limited

Provides hardware and software consultancy services for electronic systems and peripherals.

1999 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: October 24, 2024

Paramount Office Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.47 M
  • Company Age 25 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 M
  • Satisfied Charges ₹ 0.55 M
  • Revenue Growth -7.52%
  • Profit Growth -3.63%
  • Ebitda -7.09%
  • Net Worth 20.44%
  • Total Assets 15.14%

About Paramount Office Systems

Paramount Office Systems Private Limited (POSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 1999 and has a history of 25 years and seven months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.47 M.

The company currently has active open charges totaling ₹3.50 M. The company has closed loans amounting to ₹0.55 M, as per Ministry of Corporate Affairs (MCA) records.

Sridhar Kakkerla and Satya Dantuluri serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909AP1999PTC032000

  • Company No.

    032000

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Information Technology

What products or services does Paramount Office Systems Private Limited offer?

Paramount Office Systems Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, POS Machine, Road Barriers, Boom Barrier, Barcode Scanners, Handheld Barcode Scanner, Barcode Printers, Zebra Barcode & Label Printers, Fingerprint Scanners, Security AlArms, Detectors & Devices.

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

Board Members (2)

Name Designation Appointment Date Status
Sridhar Kakkerla Country flag representing In Director 01-Jul-1999 Current
Satya Dantuluri Country flag representing In Director 01-Jul-1999 Current

Financial Performance of Paramount Office Systems.

Paramount Office Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.52% decrease. The company also saw a slight decrease in profitability, with a 3.63% decrease in profit. The company's net worth Soared by an impressive increase of 20.44%.

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
-7.52%
Revenue from Operations
-7.62%
Total Assets
15.14%
Profit or Loss
-3.63%
Net Worth
20.44%
EBITDA
-7.09%

What is the Ownership and Shareholding Structure of Paramount Office Systems?

In 2023, Paramount Office Systems 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

₹3.50 M

Satisfied Charges

₹0.55 M

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2022 Indian Overseas Bank ₹3.50 M Open
11 Jan 2007 Indian Overseas Bank ₹0.55 M Satisfied

How Many Employees Work at Paramount Office Systems?

Paramount Office Systems has a workforce of 9 employees as of Apr 07, 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 Office Systems, 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 Office Systems'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 Office Systems

Recent activity within the organization

  • Annual General Meeting

    Paramount Office Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paramount Office Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 3.50 M with Charge ID 100624639 was registered on 28 Sep 2022.

    28 Sep 2022

  • Charges

    A charge registered on 11 Jan 2007 via Charge ID 10038414 with Indian Overseas Bank was fully satisfied on 28 Sep 2022.

    28 Sep 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.55 M with Charge ID 10038414 was registered on 11 Jan 2007.

    11 Jan 2007

  • Director Appointment

    Sridhar Kakkerla was appointed as a Director was appointed as a Director on 01 Jul 1999 & has been associated with this company since 25 years 7 months .

    01 Jul 1999

Frequently asked questions

  • Paramount Office Systems Private Limited was incorporated on 01 Jul 1999.

  • The authorized share capital of Paramount Office Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.47 M.

  • Currently 2 directors are associated with Paramount Office Systems Private Limited.

    • Sridhar Kakkerla
    • Satya Surya Subrahmanya Bangar Raja Varma Dantuluri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Office Systems Private Limited is F-5, Classic Complexprakasa Raopeta Visakhapatnam India, Andhra Pradesh, 530020.

  • The corporate identification number (CIN) of Paramount Office Systems Private Limited is U31909AP1999PTC032000 and the company number is 032000 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Office Systems Private Limited is https://www.paramountindia.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Office Systems Private Limited has fallen by -7.52%.

  • As Per 2023 financial reports, 9 employees are currently employed by Paramount Office Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Office Systems Private Limited has experienced an upsurge of 20.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Office Systems Private Limited amount to ₹ 3.50 M.

  • The most recent Balance Sheet for Paramount Office Systems Private Limited was filed with the ROC on 31 Mar 2024.