Paramount Products Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 14-06-2024
- Paid Up Capital ₹ 1.15 M
as on 14-06-2024
- Company Age 51 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 12.50 Cr
as on 14-06-2024
- Revenue 26.88%
(FY 2023)
- Profit 28.29%
(FY 2023)
- Ebitda 117.47%
(FY 2023)
- Net Worth 13.52%
(FY 2023)
- Total Assets 14.67%
(FY 2023)
About Paramount Products
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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.15 M.
The company has closed loans amounting to ₹12.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Aaina Mahajan, Narinder Mahajan, Sumit Mahajan, and Four other members serve as directors at the Company.
- CIN/LLPIN
U74899DL1973PTC006463
- Company No.
006463
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
31 Jan 1973
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Paramount Products?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Narinder Mahajan  | Managing Director | 02-Sep-1981 | Current |
| Surinder Mahajan | Managing Director | 01-Jan-1980 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sumit Mahajan | Whole-Time Director | 01-Apr-2005 | Current |
| Aaina Mahajan | Director | 01-Apr-2009 | Current |
| Shelley Mahajan | Whole-Time Director | 01-Apr-2005 | Current |
| Anita Mahajan | Whole-Time Director | 01-Apr-2005 | Current |
| Deepak Bajaj | Director | 01-Apr-2015 | Current |
Financial Performance of Paramount Products.
Paramount Products Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.88% increase. The company also saw a substantial improvement in profitability, with a 28.29% increase in profit. The company's net worth Soared by an impressive increase of 13.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Products?
In 2023, Paramount Products had a promoter holding of 99.91% and a public holding of 0.09%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ruby Wire Industries LlpActive 12 years 1 monthNarinder Mahajan, Surinder Mahajan and 2 more are mutual person
- S.G.M. Polymers LlpActive 8 years 9 months
Narinder Mahajan, Surinder Mahajan and 2 more are mutual person
- Pitamber Realtors LlpActive 12 years 1 month
Narinder Mahajan and Surinder Mahajan are mutual person
- Overland Textiles LlpActive 6 years 4 months
Narinder Mahajan and Surinder Mahajan are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Dec 2016 | ₹12.00 Cr | Satisfied |
Punjab National Bank Creation Date: 27 Jun 1995 | ₹5.00 M | Satisfied |
How Many Employees Work at Paramount Products?
Paramount Products has a workforce of 115 employees as of Apr 02, 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 Products, 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 Products'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.
