Paramount Textile Mills Profile
Key Indicators
- Authorised Capital ₹ 3.55 Cr
as on 17-07-2024
- Paid Up Capital ₹ 4.02 M
as on 17-07-2024
- Company Age 45 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 66.86 Cr
as on 17-07-2024
- Satisfied Charges ₹ 139.39 Cr
as on 17-07-2024
- Revenue 4.07%
(FY 2023)
- Profit 14.87%
(FY 2023)
- Ebitda -12.66%
(FY 2023)
- Net Worth 20.06%
(FY 2023)
- Total Assets 13.13%
(FY 2023)
About Paramount Textile Mills
The Corporate was formerly known as Paramount Textile Mills Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.55 Cr and a paid-up capital of Rs 4.02 M.
The company currently has active open charges totaling ₹66.86 Cr. The company has closed loans amounting to ₹139.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paramount Textile Mills Private Limited India is Udayappan Alagappan as CFO. Udayappan Alagappan and Ramu Murugesan serve as directors at the Company.
- CIN/LLPIN
U17111TN1979PTC007748
- Company No.
007748
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Mar 1979
- Date of AGM
18 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Madurai District, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Paramount Textile Mills?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramu Murugesan  | Managing Director | 02-Sep-2005 | Current |
| Udayappan Alagappan | CFO | 20-Oct-2020 | Current |
Board Members(0)
| Name | Designation | Appointment Date | Status |
|---|
Financial Performance of Paramount Textile Mills.
Paramount Textile Mills Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.07% increase. The company also saw a substantial improvement in profitability, with a 14.87% increase in profit. The company's net worth Soared by an impressive increase of 20.06%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Textile Mills?
In 2023, Paramount Textile Mills had a promoter holding of 71.40% and a public holding of 28.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 31 Oct 2023 | ₹12.00 Cr | Open |
Others Creation Date: 05 Jun 2023 | ₹17.80 Cr | Open |
Others Creation Date: 18 Oct 2022 | ₹25.00 Cr | Open |
How Many Employees Work at Paramount Textile Mills?
Paramount Textile Mills has a workforce of 528 employees as of Apr 06, 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 Textile Mills, 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 Textile Mills'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.
