Paramount Texchem Private Limited

Chemical trading and resin supply since 1995, based in Chennai.

1995 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: December 23, 2024

Paramount Texchem Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.73 M
  • Revenue Growth 68.49%
  • Profit Growth 142.70%
  • Ebitda 96.93%
  • Net Worth -8.09%
  • Total Assets 28.02%

About Paramount Texchem

Paramount Texchem Private Limited (PTPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 June 1995 and has a history of 29 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Chemicals And Materials 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 0.40 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.73 M.

Sanjeev Kumar and Venkatesan Balakrishnan serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24294TN1995PTC031970

  • Company No.

    031970

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Chemicals and Materials

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

Board Members (2)

Name Designation Appointment Date Status
Sanjeev Kumar Country flag representing In Director 08-May-2021 Current
Venkatesan Balakrishnan Country flag representing In Director 22-Jun-1995 Current

Financial Performance of Paramount Texchem.

Paramount Texchem Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 68.49% increase. The company also saw a substantial improvement in profitability, with a 142.7% increase in profit. The company's net worth dipped by a decrease of 8.09%.

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
68.49%
Revenue from Operations
61.95%
Total Assets
28.02%
Profit or Loss
142.70%
Net Worth
-8.09%
EBITDA
96.93%

What is the Ownership and Shareholding Structure of Paramount Texchem?

In 2021, Paramount Texchem 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

₹1.73 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Maharashtra : 0.12 Cr
  • Others : 0.05 Cr

Latest Charge Details

Date Lender Amount Status
20 Jun 2020 Others ₹0.23 M Open
13 May 2020 Others ₹0.30 M Open
13 Dec 2012 Bank Of Maharashtra ₹1.20 M Open

How Many Employees Work at Paramount Texchem?

Unlock and access historical data on people associated with Paramount Texchem, 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 Texchem, 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 Texchem'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 Texchem

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Director Appointment

    Sanjeev Kumar was appointed as a Director was appointed as a Director on 08 May 2021 & has been associated with this company since 3 years 8 months .

    08 May 2021

  • Charges

    A charge with Others amounted to Rs. 0.23 M with Charge ID 100352621 was registered on 20 Jun 2020.

    20 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 0.30 M with Charge ID 100352617 was registered on 13 May 2020.

    13 May 2020

  • Charges

    A charge with Bank Of Maharashtra amounted to Rs. 1.20 M with Charge ID 10394315 was registered on 13 Dec 2012.

    13 Dec 2012

Frequently asked questions

  • Paramount Texchem Private Limited was incorporated on 22 Jun 1995.

  • The authorized share capital of Paramount Texchem Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.10 M.

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

    • Sanjeev Kumar
    • Venkatesan Kavasserri Balakrishnan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Texchem Private Limited is 3D Shantiniketan Green Park, Sethunarayanan Road Chitlapakkam India, Chennai, Tamil Nadu, 600064.

  • The corporate identification number (CIN) of Paramount Texchem Private Limited is U24294TN1995PTC031970 and the company number is 031970 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Texchem Private Limited has risen by 68.49%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Texchem Private Limited has experienced an downturn of -8.09%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paramount Texchem Private Limited amount to ₹ 1.73 M.

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

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