Paramount Wheels Private Limited

Authorized dealer of Maruti Suzuki cars, with sales and service outlets in Mumbai suburbs. Offers value-added services.

2010 | Thane, Maharashtra (India) | Under Liquidation
Last Updated: April 22, 2024

Paramount Wheels Profile

Key Indicators

  • Authorised Capital ₹ 6.50 Cr
  • Paid Up Capital ₹ 6.20 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 33.50 Cr
  • Revenue Growth 13.66%
  • Profit Growth -93.97%
  • Ebitda 631.11%
  • Net Worth 40.75%
  • Total Assets 42.36%

About Paramount Wheels

Paramount Wheels Private Limited (PWPL) is Under Liquidation company established on 08 Dec 2010 with its office registered at Thane, Maharashtra, India and has been running since 14 Year, 2 Months with a paid up capital of 6.20 Cr. According to MCA records, 2 Directors are linked to this company as of 22 Apr 2024.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paramountwheels.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50102MH2010PTC210802

  • Company No.

    210802

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2010

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

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

Board Members (2)

NameDesignationAppointment DateStatus
Rajeev Arora Country flag representing In Director 01-Mar-2012Current
Nandkishor Dhamane Country flag representing In Additional Director 03-Apr-2019Current

Financial Performance of Paramount Wheels.

Paramount Wheels Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 13.66% increase. The company also saw a substantial fall in profitability, with a 93.97% decrease in profit. The company's net worth Soared by an impressive increase of 40.75%.

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
13.66%
Revenue from Operations
13.88%
Total Assets
42.36%
Profit or Loss
-93.97%
Net Worth
40.75%
EBITDA
631.11%

What is the Ownership and Shareholding Structure of Paramount Wheels?

In 2018, Paramount Wheels 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

₹33.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 26.50 Cr
  • Others : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2018Others₹7.00 CrOpen
25 Mar 2011State Bank Of India₹26.50 CrOpen

How Many Employees Work at Paramount Wheels?

Paramount Wheels has a workforce of 90 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Wheels, 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 Wheels'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 Wheels

Recent activity within the organization

  • Director Appointment

    Nandkishor Shravan Dhamane was appointed as a Additional Director was appointed as a Additional Director on 03 Apr 2019 & has been associated with this company since 5 years 10 months .

    03 Apr 2019

  • Annual General Meeting

    Paramount Wheels Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Paramount Wheels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • Charges

    A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100186526 was registered on 05 Mar 2018.

    05 Mar 2018

  • Charges

    A charge with State Bank Of India of Rs. 26.50 Cr registered on 25 Mar 2011 with Charge ID 10369284 was modified on 22 Feb 2018.

    22 Feb 2018

  • Director Appointment

    Rajeev Jagmohan Arora was appointed as a Director was appointed as a Director on 01 Mar 2012 & has been associated with this company since 12 years 11 months .

    01 Mar 2012

Frequently asked questions

  • Paramount Wheels Private Limited was incorporated on 08 Dec 2010.

  • The authorized share capital of Paramount Wheels Private Limited is ₹ 6.50 Cr and paid-up capital is ₹ 6.20 Cr.

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

    • Nandkishor Shravan Dhamane
    • Rajeev Jagmohan Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Wheels Private Limited is Bhanji Udyog Nagar Next To Ajit Palace Hotel, Penkar Pada Opp Golden Chemical Mira Road(E), Thane, Maharashtra, India, 401104.

  • The corporate identification number (CIN) of Paramount Wheels Private Limited is U50102MH2010PTC210802 and the company number is 210802 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paramount Wheels Private Limited is https://www.paramountwheels.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Paramount Wheels Private Limited has risen by 13.66%.

  • As Per 2018 financial reports, 90 employees are currently employed by Paramount Wheels Private Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Paramount Wheels Private Limited has experienced an upsurge of 40.75%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Paramount Wheels Private Limited amount to ₹ 33.50 Cr.

  • The most recent Balance Sheet for Paramount Wheels Private Limited was filed with the ROC on 31 Mar 2018.

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