Paramount Polymers Private Limited

Manufacturer of plastic and rubber molded components for various industries, with multiple manufacturing facilities.

1991 | Delhi (India) | Active
Last Updated:

Paramount Polymers Profile

Key Indicators

  • Authorised Capital ₹ 21.01 Cr
  • Paid Up Capital ₹ 2.32 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 230.40 Cr
  • Satisfied Charges ₹ 63.65 Cr
  • Revenue Growth 18.52%
  • Profit Growth 1050.13%
  • Ebitda 8.28%
  • Net Worth 3.55%
  • Total Assets 1.77%

About Paramount Polymers

Paramount Polymers Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 February 1991 and has a history of 34 years and one month. Its registered office is in Delhi, India.

The Corporate was formerly known as Paramount Polymers Limited. The Company is engaged in the Manufacturing 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 21.01 Cr and a paid-up capital of Rs 2.32 Cr.

The company currently has active open charges totaling ₹230.40 Cr. The company has closed loans amounting to ₹63.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aneesh Khurana, Bibhu Bhuyan, and Reetika Khurana serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1991PTC042993

  • Company No.

    042993

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Paramount Polymers Private Limited offer?

Paramount Polymers Private Limited offers a wide range of products and services, including Water Treatment & Purification Plant, Water Softening Systems, Domestic RO Water Purifier & Filters, Water Filters.

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

Board Members (3)

NameDesignationAppointment DateStatus
Aneesh Khurana Country flag representing In Director 07-Feb-1991Current
Bibhu Bhuyan Country flag representing In Director 26-Mar-2018Current
Reetika Khurana Country flag representing In Director 12-Jul-1992Current

Financial Performance of Paramount Polymers.

Paramount Polymers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.52% increase. The company also saw a substantial improvement in profitability, with a 1050.13% increase in profit. The company's net worth moved up by a moderate rise of 3.55%.

Paramount Polymers revenue growth over time
Paramount Polymers 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
18.52%
Revenue from Operations
18.88%
Total Assets
1.77%
Profit or Loss
1050.13%
Net Worth
3.55%
EBITDA
8.28%

What is the Ownership and Shareholding Structure of Paramount Polymers?

In 2023, Paramount Polymers had a promoter holding of 78.61% and a public holding of 21.39%. The company had 1 Subsidiary, 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹230.40 Cr

Satisfied Charges

₹63.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 138.36 Cr
  • Canara Bank : 33.38 Cr
  • Small Industries Development Bank Of India : 20.80 Cr
  • Standard Chartered Bank : 20.46 Cr
  • Others : 7.28 Cr
  • Others : 10.11 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2024Hdfc Bank Limited₹1.54 MOpen
24 May 2024Hdfc Bank Limited₹10.00 CrOpen
21 Nov 2023Hdfc Bank Limited₹6.17 MOpen
11 Apr 2023Others₹4.98 CrOpen
17 Feb 2023Hdfc Bank Limited₹5.00 MOpen

How Many Employees Work at Paramount Polymers?

Paramount Polymers has a workforce of 191 employees as of Apr 09, 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.

Employee growth trends for Paramount Polymers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Polymers, 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 Polymers'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 Polymers

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 109.36 Cr registered on 19 Sep 2018 with Charge ID 100211798 was modified on 20 Sep 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100960903 was registered on 07 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100931630 was registered on 24 May 2024.

  • Balance Sheet

    Paramount Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.62 Cr with Charge ID 100849322 was registered on 21 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Polymers Private Limited?

    Paramount Polymers Private Limited was incorporated on 07 Feb 1991.

  • What is authorized share capital and paid-up capital of Paramount Polymers Private Limited?

    The authorized share capital of Paramount Polymers Private Limited is ₹ 21.01 Cr and paid-up capital is ₹ 2.32 Cr.

  • Who are the current board members & directors of Paramount Polymers Private Limited?

    Currently 3 directors are associated with Paramount Polymers Private Limited.

    • Aneesh Khurana
    • Bibhu Prasad Bhuyan
    • Reetika Khurana

  • What is the registered address of Paramount Polymers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Polymers Private Limited is 411 4Th Floor Tower B Dlf Towers Jasola Centre, Jaso La India, Delhi, 110025.

  • What is the corporate identification number (CIN) and company number of Paramount Polymers Private Limited?

    The corporate identification number (CIN) of Paramount Polymers Private Limited is U74899DL1991PTC042993 and the company number is 042993 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paramount Polymers Private Limited?

    The Official website of Paramount Polymers Private Limited is https://www.willowpolymers.com

  • What has been the recent revenue trend for Paramount Polymers Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Polymers Private Limited has risen by 18.52%.

  • How many employees does Paramount Polymers Private Limited currently have?

    As Per 2023 financial reports, 191 employees are currently employed by Paramount Polymers Private Limited.

  • What change has been observed in the net worth of Paramount Polymers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Polymers Private Limited has experienced an upsurge of 3.55%.

  • What are the total open charges for Paramount Polymers Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paramount Polymers Private Limited amount to ₹ 230.40 Cr.

  • When was the last Balance Sheet of Paramount Polymers Private Limited filed with the ROC?

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

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