Paramount Weldtrode Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.21 Cr
- Revenue Growth -46.35%
- Profit Growth -40.03%
- Ebitda 118.91%
- Net Worth 1.38%
- Total Assets -0.35%
About Paramount Weldtrode
Paramount Weldtrode Private Limited (PWPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 September 1994 and has a history of 30 years and seven months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹1.21 Cr.
Mandayam Srinivasan, Kannapan Priyanka, and Mandyam Chitra serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29299KA1994PTC016233
- Company No.
016233
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Sep 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
Paramount Weldtrode Private Limited
Explore comprehensive data for Paramount Weldtrode Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Paramount Weldtrode?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mandayam Srinivasan  | Director | 14-Sep-1994 | Current |
| Kannapan Priyanka | Director | 05-Dec-2007 | Current |
| Mandyam Chitra | Director | 22-Nov-2022 | Current |
Financial Performance of Paramount Weldtrode.
Paramount Weldtrode Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 46.35% decrease. The company also saw a substantial fall in profitability, with a 40.03% decrease in profit. The company's net worth moved up by a moderate rise of 1.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Weldtrode?
In 2019, Paramount Weldtrode had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹12.10 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Canara Bank : 1.21 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2018 | Canara Bank | ₹0.10 M | Open |
| 03 Dec 1997 | Canara Bank | ₹1.10 Cr | Open |
| 03 Dec 1997 | Canara Bank | ₹1.00 M | Open |
How Many Employees Work at Paramount Weldtrode?
Unlock and access historical data on people associated with Paramount Weldtrode, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Weldtrode, 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 Weldtrode'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 Weldtrode
Recent activity within the organization
- Annual General Meeting
Paramount Weldtrode Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Paramount Weldtrode Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Mandyam Devashikamani Chitra was appointed as a Director was appointed as a Director on 22 Nov 2022 & has been associated with this company since 2 years 5 months .
- Charges
A charge with Canara Bank amounted to Rs. 0.10 M with Charge ID 100165909 was registered on 15 Mar 2018.
- Charges
A charge with Canara Bank of Rs. 11.00 M registered on 03 Dec 1997 with Charge ID 90199052 was modified on 19 Mar 2015.
- Director Appointment
Kannapan Mandayam Priyanka was appointed as a Director was appointed as a Director on 05 Dec 2007 & has been associated with this company since 17 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Paramount Weldtrode Private Limited?
Paramount Weldtrode Private Limited was incorporated on 14 Sep 1994.
What is authorized share capital and paid-up capital of Paramount Weldtrode Private Limited?
The authorized share capital of Paramount Weldtrode Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Paramount Weldtrode Private Limited?
Currently 3 directors are associated with Paramount Weldtrode Private Limited.
- Mandayam Kannappan Srinivasan
- Kannapan Mandayam Priyanka
- Mandyam Devashikamani Chitra
What is the registered address of Paramount Weldtrode Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Weldtrode Private Limited is Iii Floor Lucky Paradise22Nd Cross Block Jayanagar, India, Bangalore., Karnataka, 560011.
What is the corporate identification number (CIN) and company number of Paramount Weldtrode Private Limited?
The corporate identification number (CIN) of Paramount Weldtrode Private Limited is U29299KA1994PTC016233 and the company number is 016233 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paramount Weldtrode Private Limited?
The Official website of Paramount Weldtrode Private Limited is https://www.paramountweldtrode.com
What has been the recent revenue trend for Paramount Weldtrode Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Weldtrode Private Limited has fallen by -46.35%.
What change has been observed in the net worth of Paramount Weldtrode Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Paramount Weldtrode Private Limited has experienced an upsurge of 1.38%.
What are the total open charges for Paramount Weldtrode Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Paramount Weldtrode Private Limited amount to ₹ 1.21 Cr.
When was the last Balance Sheet of Paramount Weldtrode Private Limited filed with the ROC?
The most recent Balance Sheet for Paramount Weldtrode Private Limited was filed with the ROC on 31 Mar 2023.
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