Paran Polymers Private Limited

Produces plastic products using various materials for packaging purposes.

1996 | Medak, Telangana (India) | Active
Last Updated: November 16, 2024

Paran Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 9.27 M
  • Company Age 28 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.97 Cr
  • Revenue Growth -10.74%
  • Profit Growth -49.10%
  • Ebitda 160.04%
  • Net Worth 2.49%
  • Total Assets 2.01%

About Paran Polymers

Paran Polymers Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 May 1996 and has a history of 28 years and nine months. Its registered office is in Medak, Telangana, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 9.27 M.

The company currently has active open charges totaling ₹5.97 Cr.

Rajya Vasireddy, Parandham Vasireddy, and Hanumantha Vasireddy serve as directors at the Company.

Company Details

  • Location

    Medak, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200TG1996PTC023954

  • Company No.

    023954

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 May 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

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

Executive Team (1)

Name Designation Appointment Date Status
Parandham Vasireddy Country flag representing In Managing Director 01-May-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Rajya Vasireddy Country flag representing In Director 15-Jul-1996 Current
Hanumantha Vasireddy Country flag representing In Director 31-May-2010 Current

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%.

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
-10.74%
Revenue from Operations
-10.01%
Total Assets
2.01%
Profit or Loss
-49.10%
Net Worth
2.49%
EBITDA
160.04%

What is the Ownership and Shareholding Structure of Paran Polymers?

In 2023, Paran Polymers had a promoter holding of 61.20% and a public holding of 38.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.97 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.83 Cr
  • Axis Bank Limited : 0.89 Cr
  • State Bank Of Hyderabad : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
26 Sep 2023 Axis Bank Limited ₹2.08 M Open
19 Jul 2023 Axis Bank Limited ₹3.00 M Open
14 Mar 2023 Axis Bank Limited ₹2.70 M Open
22 Jul 2019 Axis Bank Limited ₹1.10 M Open
07 Mar 2012 State Bank Of Hyderabad ₹0.90 M Open

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paran Polymers, 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 Paran Polymers'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 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.