Paramount Radiators Private Limited

Founded in 2015 and headquartered in Uttar Pradesh, India.

2015 | Meerut, Uttar Pradesh (India) | Active
Last Updated: December 04, 2024

Paramount Radiators Profile

Key Indicators

  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 5.50 M
  • Company Age 9 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.27 Cr
  • Satisfied Charges ₹ 1.05 M
  • Revenue Growth -19.18%
  • Profit Growth 8.71%
  • Ebitda -176.38%
  • Net Worth 1.94%
  • Total Assets -12.65%

About Paramount Radiators

Paramount Radiators Private Limited (PRPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 November 2015 (Nine years and two months 30 days old ). Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Electrnoics 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 5.50 M and a paid-up capital of Rs 5.50 M.

The company currently has active open charges totaling ₹3.27 Cr. The company has closed loans amounting to ₹1.05 M, as per Ministry of Corporate Affairs (MCA) records.

Manish Rathi, Neha Rana, Rakhi, and One other member serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31908UP2015PTC074601

  • Company No.

    074601

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 2015

  • Date of AGM

    30 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Electrnoics
Electrical

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

Board Members (4)

NameDesignationAppointment DateStatus
Manish Rathi Country flag representing In Additional Director 01-Jun-2024Current
Neha Rana Country flag representing In Director 23-Nov-2015Current
Rakhi Country flag representing In Director 23-Nov-2015Current
Rahul Kumar Additional Director 01-Jun-2024Current

Financial Performance of Paramount Radiators.

Paramount Radiators Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 19.18% decrease. The company also saw a slight improvement in profitability, with a 8.71% increase in profit. The company's net worth moved up by a moderate rise of 1.94%.

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
-19.18%
Revenue from Operations
-19.18%
Total Assets
-12.65%
Profit or Loss
8.71%
Net Worth
1.94%
EBITDA
-176.38%

What is the Ownership and Shareholding Structure of Paramount Radiators?

In 2016, Paramount Radiators 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

₹32.70 M

Satisfied Charges

₹1.05 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.27 Cr

Latest Charge Details

DateLenderAmountStatus
02 Dec 2021Canara Bank₹1.40 MOpen
04 Sep 2020Canara Bank₹2.80 MOpen
09 May 2016Canara Bank₹2.85 CrOpen
16 Apr 2016Syndicate Bank₹1.05 MSatisfied

How Many Employees Work at Paramount Radiators?

Unlock and access historical data on people associated with Paramount Radiators, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Aug 2024

  • Charges

    A charge registered on 16 Apr 2016 via Charge ID 100028342 with Syndicate Bank was fully satisfied on 06 Aug 2024.

    06 Aug 2024

  • Charges

    A charge with Canara Bank of Rs. 28.50 M registered on 09 May 2016 with Charge ID 100028346 was modified on 01 Jun 2024.

    01 Jun 2024

  • Director Appointment

    Manish Rathi was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2024 & has been associated with this company since 8 months 20 days .

    01 Jun 2024

  • Director Appointment

    Rahul Kumar was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2024 & has been associated with this company since 8 months 20 days .

    01 Jun 2024

  • Balance Sheet

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

    31 Mar 2024

Frequently asked questions

  • Paramount Radiators Private Limited was incorporated on 23 Nov 2015.

  • The authorized share capital of Paramount Radiators Private Limited is ₹ 5.50 M and paid-up capital is ₹ 5.50 M.

  • Currently 4 directors are associated with Paramount Radiators Private Limited.

    • Manish Rathi
    • Neha Rana
    • Rakhi
    • Rahul Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Radiators Private Limited is Khasra No. 350/1 Vill. Achronda India, Meerut, Uttar Pradesh, 250001.

  • The corporate identification number (CIN) of Paramount Radiators Private Limited is U31908UP2015PTC074601 and the company number is 074601 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Radiators Private Limited has fallen by -19.18%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Radiators Private Limited has experienced an upsurge of 1.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paramount Radiators Private Limited amount to ₹ 3.27 Cr.

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

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