Paras Gears Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.48 M
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.00 M
- Revenue Growth 9473.91%
- Profit Growth 41.54%
- Ebitda 42.43%
- Net Worth -12.17%
- Total Assets -0.33%
About Paras Gears
Paras Gears Private Limited (PGPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 July 1998 and has a history of 26 years and six months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.48 M.
The company has closed loans amounting to ₹2.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Natverlal Modi, Varshaben Modi, and Rahul Modi serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28999GJ1998PTC034479
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Company No.
034479
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
31 Jul 1998
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Paras Gears?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Varshaben Modi
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Director | 31-Jul-1998 | Current |
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Natverlal Modi
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Director | 31-Jul-1998 | Current |
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Rahul Modi
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Director | 16-Sep-2008 | Current |
Financial Performance of Paras Gears.
Paras Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 9473.91% increase. The company also saw a substantial improvement in profitability, with a 41.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.17%.
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What is the Ownership and Shareholding Structure of Paras Gears?
In 2023, Paras Gears had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Bhagwati Spintex Private LimitedNatverlal Modi and Rahul Modi are mutual person
Charges (Loans)
₹0
₹2.00 M
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2011 | Bank Of Baroda | ₹1.50 M | Satisfied |
| 23 May 2003 | Bank Of Baroda | ₹0.50 M | Satisfied |
How Many Employees Work at Paras Gears?
Unlock and access historical data on people associated with Paras Gears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras Gears, 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 Gears's trajectory.
Rating
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Alerts
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