Paramount Syncot Private Limited

Textile printing and dyeing job worker in Maharashtra, acquired and renamed in 2009.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Paramount Syncot Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 42 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.65 Cr
  • Satisfied Charges ₹ 9.18 Cr
  • Revenue Growth -84.36%
  • Profit Growth 67.01%
  • Ebitda -24.60%
  • Net Worth -55.14%
  • Total Assets -16.37%

About Paramount Syncot

Paramount Syncot Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 October 1982 and has a history of 42 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Shree Bhagwan Textile Industries Ltd. The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹17.65 Cr. The company has closed loans amounting to ₹9.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shamimul Chowdhry and Ziaul Chowdhry serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45209MH1982PTC028395

  • Company No.

    028395

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Oct 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

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

Board Members (2)

NameDesignationAppointment DateStatus
Shamimul Chowdhry Country flag representing In Director 16-Nov-2009Current
Ziaul Chowdhry Country flag representing In Director 04-Mar-2014Current

Financial Performance of Paramount Syncot.

Paramount Syncot Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 84.36% decrease. The company also saw a substantial improvement in profitability, with a 67.01% increase in profit. The company's net worth observed a substantial decline by a decrease of 55.14%.

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
-84.36%
Revenue from Operations
Total Assets
-16.37%
Profit or Loss
67.01%
Net Worth
-55.14%
EBITDA
-24.60%

What is the Ownership and Shareholding Structure of Paramount Syncot?

In 2023, Paramount Syncot had a promoter holding of 85.09% and a public holding of 14.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.65 Cr

Satisfied Charges

₹9.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.65 Cr
  • Apna Sahakari Bank Limited : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2019Others₹8.00 MOpen
31 Mar 2015Others₹1.35 CrOpen
03 Feb 2014Apna Sahakari Bank Limited₹5.00 CrOpen
30 Jan 2014Others₹7.50 CrOpen
30 Jan 2014Apna Sahakari Bank Limited₹3.00 CrOpen

How Many Employees Work at Paramount Syncot?

Paramount Syncot has a workforce of 2 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 30 Jan 2014 with Charge ID 10481569 was modified on 31 Jul 2021.

    31 Jul 2021

  • Charges

    A charge with Others of Rs. 0.80 Cr registered on 14 Nov 2019 with Charge ID 100303443 was modified on 28 Nov 2019.

    28 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 0.80 Cr with Charge ID 100303443 was registered on 14 Nov 2019.

    14 Nov 2019

  • Charges

    A charge with Others of Rs. 1.35 Cr registered on 31 Mar 2015 with Charge ID 10569189 was modified on 01 Apr 2019.

    01 Apr 2019

Frequently asked questions

  • Paramount Syncot Private Limited was incorporated on 06 Oct 1982.

  • The authorized share capital of Paramount Syncot Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Paramount Syncot Private Limited.

    • Shamimul Moinul Haq Chowdhry
    • Ziaul Moinul Haq Chowdhry
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Syncot Private Limited is 5 - A Dindoshi Village Nr Kotakr Estate Off Aarey Road Goregaon (East), India, Mumbai, Maharashtra, 400063.

  • The corporate identification number (CIN) of Paramount Syncot Private Limited is U45209MH1982PTC028395 and the company number is 028395 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Syncot Private Limited has fallen by -84.36%.

  • As Per 2023 financial reports, 2 employees are currently employed by Paramount Syncot Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Syncot Private Limited has experienced an downturn of -55.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paramount Syncot Private Limited amount to ₹ 17.65 Cr.

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

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