Paramount Tea Marketing South India Private Limited

Tea auctioneers and brokers for buyers, sellers, traders, importers, exporters and dealers of tea.

2002 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Paramount Tea Marketing South India Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.50 M
  • Company Age 22 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.05 Cr
  • Satisfied Charges ₹ 2.64 Cr
  • Revenue Growth -2.30%
  • Profit Growth -17.41%
  • Ebitda 25.04%
  • Net Worth 9.85%
  • Total Assets -7.10%

About Paramount Tea Marketing South India

Paramount Tea Marketing South India Private Limited (PTMSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2002 and has a history of 22 years and eight months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Agriculture 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 7.50 M and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹1.05 Cr. The company has closed loans amounting to ₹2.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Philip Ninan, Noor Mohamed, and Karuppiah Neelavarnan serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51226TZ2002PTC010250

  • Company No.

    010250

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jul 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Agriculture

Who are the key members and board of directors at Paramount Tea Marketing South India?

Executive Team (1)

NameDesignationAppointment DateStatus
Noor Mohamed Country flag representing In Managing Director27-Jan-2003Current

Board Members (2)

NameDesignationAppointment DateStatus
Philip Ninan Country flag representing In Director 14-Mar-2003Current
Karuppiah Neelavarnan Country flag representing In Director 19-Feb-2018Current

Financial Performance of Paramount Tea Marketing South India.

Paramount Tea Marketing South India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.3% decrease. The company also saw a substantial fall in profitability, with a 17.41% decrease in profit. The company's net worth moved up by a moderate rise of 9.85%.

Paramount Tea Marketing South India revenue growth over time
Paramount Tea Marketing South India 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
-2.30%
Revenue from Operations
-0.61%
Total Assets
-7.10%
Profit or Loss
-17.41%
Net Worth
9.85%
EBITDA
25.04%

What is the Ownership and Shareholding Structure of Paramount Tea Marketing South India?

In 2023, Paramount Tea Marketing South India 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

₹10.50 M

Satisfied Charges

₹26.44 M

Charges Breakdown by Lending Institutions

  • Others : 0.55 Cr
  • Indusind Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Dec 2022Others₹3.00 MOpen
28 Jun 2021Others₹2.50 MOpen
13 Jul 2006Indusind Bank Limited₹5.00 MOpen
15 Nov 2018Others₹7.09 MSatisfied
13 Jul 2006Indusind Bank Ltd.₹1.05 CrSatisfied

How Many Employees Work at Paramount Tea Marketing South India?

Paramount Tea Marketing South India has a workforce of 26 employees as of Apr 07, 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.

Employee growth trends for Paramount Tea Marketing South India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Tea Marketing South India, 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 Tea Marketing South India'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 Tea Marketing South India

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Paramount Tea Marketing South India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100657841 was registered on 14 Dec 2022.

  • Charges

    A charge with Others amounted to Rs. 2.50 M with Charge ID 100466410 was registered on 28 Jun 2021.

  • Charges

    A charge registered on 15 Nov 2018 via Charge ID 100217296 with Others was fully satisfied on 18 Jan 2021.

  • Charges

    A charge registered on 13 Jul 2006 via Charge ID 10041777 with Indusind Bank Ltd. was fully satisfied on 30 Nov 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Paramount Tea Marketing South India Private Limited?

    Paramount Tea Marketing South India Private Limited was incorporated on 12 Jul 2002.

  • What is authorized share capital and paid-up capital of Paramount Tea Marketing South India Private Limited?

    The authorized share capital of Paramount Tea Marketing South India Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Paramount Tea Marketing South India Private Limited?

    Currently 3 directors are associated with Paramount Tea Marketing South India Private Limited.

    • Philip Rajit Ninan
    • Noor Mohamed
    • Karuppiah Neelavarnan

  • What is the registered address of Paramount Tea Marketing South India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Tea Marketing South India Private Limited is 190A-1 Turya Third Floor Nsr Road Saibaba Colony, India, Coimbatore, Tamil Nadu, 641011.

  • What is the corporate identification number (CIN) and company number of Paramount Tea Marketing South India Private Limited?

    The corporate identification number (CIN) of Paramount Tea Marketing South India Private Limited is U51226TZ2002PTC010250 and the company number is 010250 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paramount Tea Marketing South India Private Limited?

    The Official website of Paramount Tea Marketing South India Private Limited is https://www.paramounttea.com

  • What has been the recent revenue trend for Paramount Tea Marketing South India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Tea Marketing South India Private Limited has fallen by -2.30%.

  • How many employees does Paramount Tea Marketing South India Private Limited currently have?

    As Per 2023 financial reports, 26 employees are currently employed by Paramount Tea Marketing South India Private Limited.

  • What change has been observed in the net worth of Paramount Tea Marketing South India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Tea Marketing South India Private Limited has experienced an upsurge of 9.85%.

  • What are the total open charges for Paramount Tea Marketing South India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paramount Tea Marketing South India Private Limited amount to ₹ 1.05 Cr.

  • When was the last Balance Sheet of Paramount Tea Marketing South India Private Limited filed with the ROC?

    The most recent Balance Sheet for Paramount Tea Marketing South India Private Limited was filed with the ROC on 31 Mar 2024.

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