Paras Engineering Works (Mumbai) Private Limited

Manufactures and trades industrial pipes, fittings, and flanges for global distribution.

2012 | Thane, Maharashtra (India) | Active
Last Updated: December 31, 2024

Paras Engineering Works (Mumbai) Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 12 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 18.56%
  • Profit Growth 1.88%
  • Ebitda -45.75%
  • Net Worth 26.47%
  • Total Assets 21.63%

About Paras Engineering Works (Mumbai)

Paras Engineering Works (Mumbai) Private Limited (PEWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 September 2012 and has a history of 12 years and four months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Marvel Fittings & Forgings Private Limited. 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 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Bhavin Vadhani and Mehul Vadhani serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29253MH2012PTC236192

  • Company No.

    236192

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Paras Engineering Works (Mumbai)?

Board Members (2)

Name Designation Appointment Date Status
Bhavin Vadhani Country flag representing In Director 25-Sep-2012 Current
Mehul Vadhani Country flag representing In Director 25-Sep-2012 Current

Financial Performance of Paras Engineering Works (Mumbai).

Paras Engineering Works (Mumbai) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 18.56% increase. The company also saw a slight improvement in profitability, with a 1.88% increase in profit. The company's net worth Soared by an impressive increase of 26.47%.

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
18.56%
Revenue from Operations
18.31%
Total Assets
21.63%
Profit or Loss
1.88%
Net Worth
26.47%
EBITDA
-45.75%

What is the Ownership and Shareholding Structure of Paras Engineering Works (Mumbai)?

In 2023, Paras Engineering Works (Mumbai) 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

₹5.00 M

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • Central Bank Of India : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
14 Feb 2014 Central Bank Of India ₹5.00 M Open
14 Feb 2014 Central Bank Of India ₹4.50 M Satisfied

How Many Employees Work at Paras Engineering Works (Mumbai)?

Paras Engineering Works (Mumbai) has a workforce of 9 employees as of Apr 06, 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 Engineering Works (Mumbai), 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 Engineering Works (Mumbai)'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 Engineering Works (Mumbai)

Recent activity within the organization

  • Annual General Meeting

    Paras Engineering Works (Mumbai) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge registered on 14 Feb 2014 via Charge ID 10627934 with Central Bank Of India was fully satisfied on 29 Nov 2022.

    29 Nov 2022

  • Charges

    A charge with Central Bank Of India amounted to Rs. 5.00 M with Charge ID 10628543 was registered on 14 Feb 2014.

    14 Feb 2014

  • Charges

    A charge with Central Bank Of India amounted to Rs. 4.50 M with Charge ID 10627934 was registered on 14 Feb 2014.

    14 Feb 2014

  • Director Appointment

    Bhavin Natvarlal Vadhani was appointed as a Director was appointed as a Director on 25 Sep 2012 & has been associated with this company since 12 years 4 months .

    25 Sep 2012

Frequently asked questions

  • Paras Engineering Works (Mumbai) Private Limited was incorporated on 25 Sep 2012.

  • The authorized share capital of Paras Engineering Works (Mumbai) Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Paras Engineering Works (Mumbai) Private Limited.

    • Bhavin Natvarlal Vadhani
    • Mehul Natvarlal Vadhani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Engineering Works (Mumbai) Private Limited is Survey Nos.68/3 Rajprabha Param Industrial Estate Bldg No 3 Naik Pada Road Waliv-Village, V Asai East India, Thane, Maharashtra, 401208.

  • The corporate identification number (CIN) of Paras Engineering Works (Mumbai) Private Limited is U29253MH2012PTC236192 and the company number is 236192 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Engineering Works (Mumbai) Private Limited is https://www.parasengineeringworks.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Engineering Works (Mumbai) Private Limited has risen by 18.56%.

  • As Per 2022 financial reports, 9 employees are currently employed by Paras Engineering Works (Mumbai) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Engineering Works (Mumbai) Private Limited has experienced an upsurge of 26.47%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Engineering Works (Mumbai) Private Limited amount to ₹ 5.00 M.

  • The most recent Balance Sheet for Paras Engineering Works (Mumbai) Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Pipe & Tubes