Paramount Weldtrode Private Limited

Provides welding systems, automation, cutting solutions, industrial products, and environmental solutions to improve quality and efficiency.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated: December 23, 2024

Paramount Weldtrode Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 30 Year, 5 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 five 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

    paramountweldtrode.com

  • 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

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

Board Members (3)

NameDesignationAppointment DateStatus
Mandayam Srinivasan Country flag representing In Director 14-Sep-1994Current
Kannapan Priyanka Country flag representing In Director 05-Dec-2007Current
Mandyam Chitra Director 22-Nov-2022Current

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%.

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
-46.35%
Revenue from Operations
-38.02%
Total Assets
-0.35%
Profit or Loss
-40.03%
Net Worth
1.38%
EBITDA
118.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 1.21 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2018Canara Bank₹0.10 MOpen
03 Dec 1997Canara Bank₹1.10 CrOpen
03 Dec 1997Canara Bank₹1.00 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2023

  • Balance Sheet

    Paramount Weldtrode Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • 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 3 months .

    22 Nov 2022

  • Charges

    A charge with Canara Bank amounted to Rs. 0.10 M with Charge ID 100165909 was registered on 15 Mar 2018.

    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.

    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 2 months .

    05 Dec 2007

Frequently asked questions

  • Paramount Weldtrode Private Limited was incorporated on 14 Sep 1994.

  • The authorized share capital of Paramount Weldtrode Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Paramount Weldtrode Private Limited.

    • Mandayam Kannappan Srinivasan
    • Kannapan Mandayam Priyanka
    • Mandyam Devashikamani Chitra
  • 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.

  • 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).

  • The Official website of Paramount Weldtrode Private Limited is https://www.paramountweldtrode.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paramount Weldtrode Private Limited has fallen by -46.35%.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paramount Weldtrode Private Limited amount to ₹ 1.21 Cr.

  • The most recent Balance Sheet for Paramount Weldtrode Private Limited was filed with the ROC on 31 Mar 2023.

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