Paran Polymers Private Limited

Paran Polymers Private Limited

Produces plastic products using various materials for packaging purposes.
1996 | Medak, Telangana (India) | Active

Last Updated:

November 16, 2024
HomeCompanyParan Polymers Private Limited

Who are the key members and board of directors at Paran Polymers?

Executive Team (1)

NameDesignationAppointment DateStatus
Parandham Vasireddy InManaging Director01-May-1996Current

Board Members(2)

NameDesignationAppointment DateStatus
Rajya Vasireddy In Director 15-Jul-1996Current
Hanumantha Vasireddy In Director 31-May-2010Current

Financial Performance of Paran Polymers.

Paran Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.74% decrease. The company also saw a substantial fall in profitability, with a 49.1% decrease in profit. The company's net worth moved up by a moderate rise of 2.49%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-10.74%
Revenue from Operations
-10.01%
Total Assets
2.01%
Profit or Loss
-49.10%
Net Worth
2.49%
EBITDA
160.04%

Charges (Loans)

Open Charges

₹5.97 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 26 Sep 2023
₹2.08 MOpen

Axis Bank Limited

Creation Date: 19 Jul 2023
₹3.00 MOpen

Axis Bank Limited

Creation Date: 14 Mar 2023
₹2.70 MOpen

How Many Employees Work at Paran Polymers?

Paran Polymers has a workforce of 39 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.

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Latest Updates, News, and FAQs on Paran Polymers

Recent activity within the organization

  • Annual General Meeting

    Paran Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paran Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100786848 was registered on 26 Sep 2023.

    26 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100778932 was registered on 19 Jul 2023.

    19 Jul 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.27 Cr with Charge ID 100706737 was registered on 14 Mar 2023.

    14 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.83 Cr registered on 24 Oct 1996 with Charge ID 90133951 was modified on 24 Nov 2022.

    24 Nov 2022

Frequently asked questions

  • Paran Polymers Private Limited was incorporated on 01 May 1996.

  • The authorized share capital of Paran Polymers Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 9.27 M.

  • Currently 3 directors are associated with Paran Polymers Private Limited.

    • Rajya Lakshmi Vasireddy
    • Parandham Babu Vasireddy
    • Hanumantha Rao Vasireddy
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paran Polymers Private Limited is Plot No.77/A (I Ii) Ida Phase Iii Patancheru, India, Hyderabad, Telangana, 502319.

  • The corporate identification number (CIN) of Paran Polymers Private Limited is U25200TG1996PTC023954 and the company number is 023954 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paran Polymers Private Limited has fallen by -10.74%.

  • As Per 2023 financial reports, 39 employees are currently employed by Paran Polymers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paran Polymers Private Limited has experienced an upsurge of 2.49%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paran Polymers Private Limited amount to ₹ 5.97 Cr.

  • The most recent Balance Sheet for Paran Polymers Private Limited was filed with the ROC on 31 Mar 2024.

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