Paras Aerospace Private Limited

Founded in 2019 and headquartered in Maharashtra, India.

2019 | Thane, Maharashtra (India) | Active
Last Updated: December 11, 2024

Paras Aerospace Profile

Key Indicators

  • Authorised Capital ₹ 1.01 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 5 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.10 Cr
  • Satisfied Charges ₹ 7.48 Cr
  • Revenue Growth 38.32%
  • Profit Growth -53.14%
  • Ebitda 214.45%
  • Net Worth 743.44%
  • Total Assets 386.51%

About Paras Aerospace

Paras Aerospace Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2019 (Five years and 11 months 20 days old ). Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Paras Aerospace Solutions Private Limited. The Company is engaged in the Transport And Logistics 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 1.01 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹20.10 Cr. The company has closed loans amounting to ₹7.48 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amit Mahajan, Shilpa Mahajan, and Munjal Shah serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2019PTC413219

  • Company No.

    127669

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2019

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Transport and Logistics

What products or services does Paras Aerospace Private Limited offer?

Paras Aerospace Private Limited offers a wide range of products and services, including Building Survey & Soil Investigation, Geotechnical Engineering, Inspection & Quality Check Services, Survey Solution, Telecom Services, Engg & Maintenance, Telecom Engineering Services, Agricultural & Farm Consultants, Farm Management Service, Quality Inspection Service.

Who are the key members and board of directors at Paras Aerospace?

Board Members (3)

Name Designation Appointment Date Status
Amit Mahajan Country flag representing In Director 05-Sep-2023 Current
Shilpa Mahajan Country flag representing In Director 05-Sep-2023 Current
Munjal Shah Country flag representing In Director 13-Feb-2019 Current

Financial Performance of Paras Aerospace.

Paras Aerospace Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.32% increase. The company also saw a substantial fall in profitability, with a 53.14% decrease in profit. The company's net worth Soared by an impressive increase of 743.44%.

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
38.32%
Revenue from Operations
37.55%
Total Assets
386.51%
Profit or Loss
-53.14%
Net Worth
743.44%
EBITDA
214.45%

What is the Ownership and Shareholding Structure of Paras Aerospace?

In 2022, Paras Aerospace had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.10 Cr

Satisfied Charges

₹7.48 Cr

Charges Breakdown by Lending Institutions

  • Others : 20.10 Cr

Latest Charge Details

Date Lender Amount Status
07 Jun 2023 Others ₹0.96 M Open
30 Nov 2021 Others ₹20.00 Cr Open
13 Sep 2023 Others ₹4.80 M Satisfied
31 Dec 2022 Others ₹1.20 Cr Satisfied
19 Oct 2022 Others ₹5.80 Cr Satisfied

How Many Employees Work at Paras Aerospace?

Unlock and access historical data on people associated with Paras Aerospace, 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 Paras Aerospace, 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 Paras Aerospace'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 Paras Aerospace

Recent activity within the organization

  • Charges

    A charge registered on 13 Sep 2023 via Charge ID 100785345 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 31 Dec 2022 via Charge ID 100666397 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 19 Oct 2022 via Charge ID 100622552 with Others was fully satisfied on 14 Oct 2024.

    14 Oct 2024

  • Annual General Meeting

    Paras Aerospace Private Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Balance Sheet

    Paras Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 30 Nov 2021 with Charge ID 100515119 was modified on 06 Oct 2023.

    06 Oct 2023

Frequently asked questions

  • Paras Aerospace Private Limited was incorporated on 13 Feb 2019.

  • The authorized share capital of Paras Aerospace Private Limited is ₹ 1.01 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 3 directors are associated with Paras Aerospace Private Limited.

    • Amit Navin Mahajan
    • Shilpa Amit Mahajan
    • Munjal Sharad Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Aerospace Private Limited is D-112 Ttc Industrial Area Midc Nerul, Navi Mumbai India, Thane, Maharashtra, 400706.

  • The corporate identification number (CIN) of Paras Aerospace Private Limited is U74999MH2019PTC413219 and the company number is 127669 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Aerospace Private Limited is https://www.paras-aerospace.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Aerospace Private Limited has risen by 38.32%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Aerospace Private Limited has experienced an upsurge of 743.44%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Aerospace Private Limited amount to ₹ 20.10 Cr.

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

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