Paras Diamonds Pvt Ltd

Diamond cutting, polishing, and trading company with registered office in Mumbai.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated: December 04, 2024

Paras Diamonds Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.27 M
  • Company Age 43 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -45.44%
  • Profit Growth -1523.59%
  • Ebitda -431.07%
  • Net Worth -10.80%
  • Total Assets -18.65%

About Paras Diamonds

Paras Diamonds Pvt Ltd (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 January 1982 and has a history of 43 years. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 1.50 M and a paid-up capital of Rs 1.27 M, as per Ministry of Corporate Affairs (MCA) records.

Atul Parikh and Abhay Parikh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36912MH1982PTC026153

  • Company No.

    026153

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jan 1982

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

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

Executive Team (1)

Name Designation Appointment Date Status
Atul Parikh Country flag representing In Managing Director 16-Jan-1982 Current

Board Members (1)

Name Designation Appointment Date Status
Abhay Parikh Country flag representing In Director 16-Jan-1982 Current

Financial Performance of Paras Diamonds.

Paras Diamonds Pvt Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 45.44% decrease. The company also saw a substantial fall in profitability, with a 1523.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.8%.

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
-45.44%
Revenue from Operations
-47.62%
Total Assets
-18.65%
Profit or Loss
-1523.59%
Net Worth
-10.80%
EBITDA
-431.07%

What is the Ownership and Shareholding Structure of Paras Diamonds?

In 2018, Paras Diamonds had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Paras Diamonds?

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

Recent activity within the organization

  • Annual General Meeting

    Paras Diamonds Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paras Diamonds Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Atul Kirtilal Parikh was appointed as a Managing Director was appointed as a Managing Director on 16 Jan 1982 & has been associated with this company since 43 years 25 days .

    16 Jan 1982

  • Director Appointment

    Abhay Suresh Parikh was appointed as a Director was appointed as a Director on 16 Jan 1982 & has been associated with this company since 43 years 25 days .

    16 Jan 1982

  • Company Incorporation

    Paras Diamonds Pvt Ltd was registered on 16 Jan 1982 with Roc Mumbai & aged 43 years 25 days as per MCA records.

    16 Jan 1982

Frequently asked questions

  • Paras Diamonds Pvt Ltd was incorporated on 16 Jan 1982.

  • The authorized share capital of Paras Diamonds Pvt Ltd is ₹ 1.50 M and paid-up capital is ₹ 1.27 M.

  • Currently 2 directors are associated with Paras Diamonds Pvt Ltd.

    • Atul Kirtilal Parikh
    • Abhay Suresh Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Diamonds Pvt Ltd is Nagin Mahal 6Th Fl82 Veer Nariman Rd Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Paras Diamonds Pvt Ltd is U36912MH1982PTC026153 and the company number is 026153 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Paras Diamonds Pvt Ltd has fallen by -45.44%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Paras Diamonds Pvt Ltd has experienced an downturn of -10.80%.

  • The most recent Balance Sheet for Paras Diamonds Pvt Ltd was filed with the ROC on 31 Mar 2024.