Paramount Wires And Cables Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
as on 01-07-2024
- Paid Up Capital ₹ 5.75 Cr
as on 01-07-2024
- Company Age 37 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.63 Cr
as on 01-07-2024
- Satisfied Charges ₹ 50.76 Cr
as on 01-07-2024
- Revenue 90.61%
(FY 2023)
- Profit 52.68%
(FY 2023)
- Ebitda -1.14%
(FY 2023)
- Net Worth -11.49%
(FY 2023)
- Total Assets 10.55%
(FY 2023)
About Paramount Wires And Cables
The Corporate was formerly known as Paramount Wires And Allied Industries Private 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 7.00 Cr and a paid-up capital of Rs 5.75 Cr.
The company currently has active open charges totaling ₹20.63 Cr. The company has closed loans amounting to ₹50.76 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tushar Aggarwal, Dhruv Aggarwal, Raj Aggarwal, and Three other members serve as directors at the Company.
- CIN/LLPIN
U31909DL1987PLC028649
- Company No.
028649
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jul 1987
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Paramount Wires And Cables?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dhruv Aggarwal  | Managing Director | 15-Jul-2013 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parth Aggarwal | Whole-Time Director | 09-Dec-2015 | Current |
| Tushar Aggarwal | Whole-Time Director | 15-Jul-2013 | Current |
| Raj Aggarwal | Director | 28-Mar-2019 | Current |
| Ajay Dhar | Director | 19-Jul-2018 | Current |
| Satish Gupta | Director | 21-Mar-2001 | Current |
Financial Performance of Paramount Wires And Cables.
Paramount Wires And Cables Limited., for the financial year ended 2023, experienced significant growth in revenue, with a 90.61% increase. The company also saw a substantial improvement in profitability, with a 52.68% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Wires And Cables?
In 2023, Paramount Wires And Cables had a promoter holding of 53.34% and a public holding of 46.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Valens Connectivity Private LimitedActive 5 years 11 monthsTushar Aggarwal, Dhruv Aggarwal and 1 more are mutual person
Hertz Electricals (International) Private LimitedActive 44 years 2 monthsTushar Aggarwal and Parth Aggarwal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 09 Nov 2021 | ₹2.55 M | Open |
The South Indian Bank Limited Creation Date: 13 May 2019 | ₹9.90 M | Open |
Others Creation Date: 15 Sep 2018 | ₹0.41 M | Open |
How Many Employees Work at Paramount Wires And Cables?
Paramount Wires And Cables has a workforce of 36 employees as of Apr 04, 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 Wires And Cables, 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 Wires And Cables'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.
