Paramount Steel Structures Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.33 Cr
- Revenue Growth -70.76%
- Profit Growth -137.50%
- Ebitda -42.49%
- Net Worth -12.46%
- 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 eight months 23 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
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999TG2017PTC117817
- Company No.
117817
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2017
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Engineering
Machinery and Equipment
Paramount Steel Structures Private Limited
Explore comprehensive data for Paramount Steel Structures Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 12.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Steel Structures?
Unlock access to Paramount Steel Structures's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
- Paramount Building Solutions Private Limited
Suresh Venigalla and Sai Venigalla are mutual person
Tech Paramount LlpSai Venigalla is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Paramount Steel Structures
Recent activity within the organization
- Annual General Meeting
Paramount Steel Structures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paramount Steel Structures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 19 Aug 2022 via Charge ID 100606083 with Hdfc Bank Limited was fully satisfied on 17 Nov 2023.
- Charges
A charge registered on 25 Feb 2021 via Charge ID 100419968 with Axis Bank Limited was fully satisfied on 17 Nov 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.01 M with Charge ID 100606083 was registered on 19 Aug 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 13.30 M with Charge ID 100419968 was registered on 25 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Paramount Steel Structures Private Limited?
Paramount Steel Structures Private Limited was incorporated on 19 Jun 2017.
What is authorized share capital and paid-up capital of Paramount Steel Structures Private Limited?
The authorized share capital of Paramount Steel Structures Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Paramount Steel Structures Private Limited?
Currently 2 directors are associated with Paramount Steel Structures Private Limited.
- Suresh Kumar Venigalla
- Sai Teja Preetham Venigalla
What is the registered address of Paramount Steel Structures Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Steel Structures Private Limited is 1-98/9/D/48 Plot No 3/A, Jaihind Enclave Madhapur India, Hyderabad, Telangana, 500081.
What is the corporate identification number (CIN) and company number of Paramount Steel Structures Private Limited?
The corporate identification number (CIN) of Paramount Steel Structures Private Limited is U74999TG2017PTC117817 and the company number is 117817 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paramount Steel Structures Private Limited?
The Official website of Paramount Steel Structures Private Limited is https://www.paramountsteel.in
What has been the recent revenue trend for Paramount Steel Structures Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Steel Structures Private Limited has fallen by -70.76%.
How many employees does Paramount Steel Structures Private Limited currently have?
As Per 2023 financial reports, 4 employees are currently employed by Paramount Steel Structures Private Limited.
What change has been observed in the net worth of Paramount Steel Structures Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Steel Structures Private Limited has experienced an downturn of -12.46%.
When was the last Balance Sheet of Paramount Steel Structures Private Limited filed with the ROC?
The most recent Balance Sheet for Paramount Steel Structures Private Limited was filed with the ROC on 31 Mar 2024.
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