Paras Avenues Private Limited

Develops and promotes properties for residential, commercial, and vacation purposes.

1988 | Surat, Gujarat (India) | Active
Last Updated:

Paras Avenues Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.54 M
  • Company Age 36 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.49 Cr
  • Revenue Growth -25.17%
  • Profit Growth -26.31%
  • Ebitda -77.23%
  • Net Worth 7.03%
  • Total Assets -5.31%

About Paras Avenues

Paras Avenues Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 1988 and has a history of 36 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Vir Silk Mills Pvt Ltd. The Company is engaged in the Real Estate And Construction 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 1.00 Cr and a paid-up capital of Rs 8.54 M.

The company currently has active open charges totaling ₹5.49 Cr.

Kiran Jain, Rahul Jain, Shilpa Jain, and Five other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70109GJ1988PTC010559

  • Company No.

    010559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction
Company report

Paras Avenues Private Limited

Explore comprehensive data for Paras Avenues Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (8)

NameDesignationAppointment DateStatus
Kiran Jain Country flag representing In Director 07-Jun-2007Current
Rahul Jain Country flag representing In Director 17-Mar-2015Current
Shilpa Jain Country flag representing In Director 17-Mar-2015Current
Richa Jain Country flag representing In Director 17-Mar-2015Current
Abhishek Jain Country flag representing In Director 13-Feb-2014Current
Ashokkumar Jain Country flag representing In Director 17-Mar-2015Current

Financial Performance of Paras Avenues.

Paras Avenues Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.17% decrease. The company also saw a substantial fall in profitability, with a 26.31% decrease in profit. The company's net worth moved up by a moderate rise of 7.03%.

Paras Avenues revenue growth over time
Paras Avenues 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
-25.17%
Revenue from Operations
Total Assets
-5.31%
Profit or Loss
-26.31%
Net Worth
7.03%
EBITDA
-77.23%

What is the Ownership and Shareholding Structure of Paras Avenues?

Unlock access to Paras Avenues's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.49 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 2.89 Cr
  • Gujarat Industrial Investment Corporation Ltd. : 1.82 Cr
  • New Bank Of India : 0.63 Cr
  • New Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 1996Union Bank Of India₹8.70 MOpen
17 Jan 1996Union Bank Of India₹1.37 CrOpen
20 Nov 1995Gujarat Industrial Investment Corporation Ltd.₹1.19 CrOpen
22 Nov 1994Union Bank Of India₹4.50 MOpen
26 Apr 1990New Bank Of India₹6.30 MOpen

How Many Employees Work at Paras Avenues?

Unlock and access historical data on people associated with Paras Avenues, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Paras Avenues Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Avenues, 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 Avenues'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 Avenues

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Rahul Kailashchand Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Shilpa Rahul Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Richa Abhishek Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 9 years 11 months .

  • Director Appointment

    Ashokkumar Raghubirsingh Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 9 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Paras Avenues Private Limited?

    Paras Avenues Private Limited was incorporated on 11 Apr 1988.

  • What is authorized share capital and paid-up capital of Paras Avenues Private Limited?

    The authorized share capital of Paras Avenues Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.54 M.

  • Who are the current board members & directors of Paras Avenues Private Limited?

    Currently 8 directors are associated with Paras Avenues Private Limited.

    • Kiran Anandkumar Jain
    • Rahul Kailashchand Jain
    • Shilpa Rahul Jain
    • Richa Abhishek Jain
    • Abhishek Anand Kumar Jain
    • Ashokkumar Raghubirsingh Jain
    • Manishkumar Mahendrakumar Jain
    • Kamladevi Devraj Jain

  • What is the registered address of Paras Avenues Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paras Avenues Private Limited is 1St Floor Dhamanwala Complex Opp. Rajkumar Cinema, Udhna Darwaja India, Surat, Gujarat, 395002.

  • What is the corporate identification number (CIN) and company number of Paras Avenues Private Limited?

    The corporate identification number (CIN) of Paras Avenues Private Limited is U70109GJ1988PTC010559 and the company number is 010559 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Paras Avenues Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paras Avenues Private Limited has fallen by -25.17%.

  • What change has been observed in the net worth of Paras Avenues Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paras Avenues Private Limited has experienced an upsurge of 7.03%.

  • What are the total open charges for Paras Avenues Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paras Avenues Private Limited amount to ₹ 5.49 Cr.

  • When was the last Balance Sheet of Paras Avenues Private Limited filed with the ROC?

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

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