Paras Electricals Limited

Designs, produces, and installs specialized phones and eco-friendly DG sets for government agencies.

1981 | Delhi (India) | Active
Last Updated: December 09, 2024

Paras Electricals Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.72 M
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 7.15 Cr
  • Revenue Growth 72.21%
  • Profit Growth 351.83%
  • Ebitda -2.43%
  • Net Worth 275.72%
  • Total Assets -20.95%

About Paras Electricals

Paras Electricals Limited (PEL) is a Public Limited Indian Non-Government Company incorporated in India on 12 November 1981 and has a history of 43 years and three months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 10.00 Cr and a paid-up capital of Rs 9.72 M.

The company has closed loans amounting to ₹7.15 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Himanshu Jain, Abha Jain, and Anil Jain serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paraselectricals.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999DL1981PLC012673

  • Company No.

    012673

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Nov 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

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

Board Members (3)

Name Designation Appointment Date Status
Himanshu Jain Country flag representing In Director 23-Mar-2017 Current
Abha Jain Country flag representing In Whole-Time Director 10-May-2012 Current
Anil Jain Country flag representing In Director 27-Sep-2013 Current

Financial Performance of Paras Electricals.

Paras Electricals Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 72.21% increase. The company also saw a substantial improvement in profitability, with a 351.83% increase in profit. The company's net worth Soared by an impressive increase of 275.72%.

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
72.21%
Revenue from Operations
Total Assets
-20.95%
Profit or Loss
351.83%
Net Worth
275.72%
EBITDA
-2.43%

What is the Ownership and Shareholding Structure of Paras Electricals?

In 2021, Paras Electricals had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹7.15 Cr

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 7.15 Cr

Latest Charge Details

Date Lender Amount Status
01 Dec 2007 Central Bank Of India ₹1.00 Cr Satisfied
01 Dec 2007 Central Bank Of India ₹1.00 Cr Satisfied
24 Nov 1994 Central Bank Of India ₹2.50 M Satisfied
24 Nov 1994 Central Bank Of India ₹4.00 M Satisfied
24 Nov 1994 Central Bank Of India ₹2.25 Cr Satisfied

How Many Employees Work at Paras Electricals?

Paras Electricals has a workforce of 0 employees as of Apr 08, 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 Paras Electricals, 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 Electricals'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 Electricals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Paras Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Himanshu Jain was appointed as a Director was appointed as a Director on 23 Mar 2017 & has been associated with this company since 7 years 10 months .

    23 Mar 2017

  • Charges

    A charge registered on 24 Nov 1994 via Charge ID 80058865 with Central Bank Of India was fully satisfied on 31 Mar 2016.

    31 Mar 2016

  • Charges

    A charge registered on 24 Nov 1994 via Charge ID 80058868 with Central Bank Of India was fully satisfied on 31 Mar 2016.

    31 Mar 2016

  • Charges

    A charge registered on 24 Nov 1994 via Charge ID 90056428 with Central Bank Of India was fully satisfied on 31 Mar 2016.

    31 Mar 2016

Frequently asked questions

  • Paras Electricals Limited was incorporated on 12 Nov 1981.

  • The authorized share capital of Paras Electricals Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.72 M.

  • Currently 3 directors are associated with Paras Electricals Limited.

    • Himanshu Jain
    • Abha Jain
    • Anil Kumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Electricals Limited is B-37 Lgf Lane 15 Madhu Vihar I.P.Extn., India, Delhi, 110092.

  • The corporate identification number (CIN) of Paras Electricals Limited is U74999DL1981PLC012673 and the company number is 012673 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Electricals Limited is https://www.paraselectricals.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Paras Electricals Limited has risen by 72.21%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Paras Electricals Limited has experienced an upsurge of 275.72%.

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

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