Paramount Steel Structures Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.33 Cr
- Revenue Growth -70.76%
- Profit Growth -137.50%
- Ebitda -72.41%
- Net Worth -12.45%
- Total Assets -69.01%
About Paramount Steel Structures
Paramount Steel Structures Private Limited (PSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 June 2017 (Seven years and seven months 14 days old ). Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Engineering 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹2.33 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Suresh Venigalla and Sai Venigalla serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74999TG2017PTC117817
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Company No.
117817
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
19 Jun 2017
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Paramount Steel Structures?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Venigalla
|
Managing Director | 19-Jun-2017 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sai Venigalla
|
Director | 19-Jun-2017 | Current |
Financial Performance of Paramount Steel Structures.
Paramount Steel Structures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.76% decrease. The company also saw a substantial fall in profitability, with a 137.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.45%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Paramount Steel Structures?
In 2023, Paramount Steel Structures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Paramount Building Solutions Private LimitedSuresh Venigalla and Sai Venigalla are mutual person
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Tech Paramount LlpSai Venigalla is a mutual person
Charges (Loans)
₹0
₹23.31 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.33 Cr
- Hdfc Bank Limited : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Aug 2022 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
| 25 Feb 2021 | Axis Bank Limited | ₹1.33 Cr | Satisfied |
How Many Employees Work at Paramount Steel Structures?
Paramount Steel Structures has a workforce of 4 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Steel Structures, 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 Steel Structures'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.