Paras Housing (India) Private Limited

Founded in 2008 and headquartered in Maharashtra, India.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: December 05, 2024

Paras Housing (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 47.80 Cr
  • Revenue Growth 259.16%
  • Profit Growth 1235.22%
  • Ebitda 345.24%
  • Net Worth 35.29%
  • Total Assets 30.48%

About Paras Housing (India)

Paras Housing (India) Private Limited (PHIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2008 and has a history of 16 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Landcare Realestates Private Limited. 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹47.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Teja Moolchandani, Dinesh Moolchandani, and Manoj Moolchandani 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

    U70102MH2008PTC182277

  • Company No.

    182277

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Paras Housing (India)?

Board Members (3)

Name Designation Appointment Date Status
Teja Moolchandani Country flag representing In Director 07-Mar-2009 Current
Dinesh Moolchandani Country flag representing In Director 07-Mar-2009 Current
Manoj Moolchandani Country flag representing In Director 28-Jun-2018 Current

Financial Performance of Paras Housing (India).

Paras Housing (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 259.16% increase. The company also saw a substantial improvement in profitability, with a 1235.22% increase in profit. The company's net worth Soared by an impressive increase of 35.29%.

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
259.16%
Revenue from Operations
273.75%
Total Assets
30.48%
Profit or Loss
1235.22%
Net Worth
35.29%
EBITDA
345.24%

What is the Ownership and Shareholding Structure of Paras Housing (India)?

In 2019, Paras Housing (India) 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

₹35.00 M

Satisfied Charges

₹478.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.50 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2024 State Bank Of India ₹3.50 Cr Open
20 Oct 2016 State Bank Of India ₹10.30 Cr Satisfied
15 Jun 2015 Lic Housing Finance Ltd ₹10.00 Cr Satisfied
24 Jan 2013 Dewan Housing Finance Corporation Limited ₹20.00 Cr Satisfied
26 Apr 2010 Uco Bank ₹7.50 Cr Satisfied

How Many Employees Work at Paras Housing (India)?

Paras Housing (India) has a workforce of 14 employees as of Apr 09, 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 Housing (India), 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 Housing (India)'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 Housing (India)

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Charges

    A charge with State Bank Of India amounted to Rs. 35.00 M with Charge ID 100890857 was registered on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge registered on 20 Oct 2016 via Charge ID 100061604 with State Bank Of India was fully satisfied on 15 Sep 2021.

    15 Sep 2021

  • Charges

    A charge with State Bank Of India of Rs. 103.00 M registered on 20 Oct 2016 with Charge ID 100061604 was modified on 11 Aug 2020.

    11 Aug 2020

  • Director Appointment

    Manoj Kumar Moolchandani was appointed as a Director was appointed as a Director on 28 Jun 2018 & has been associated with this company since 6 years 7 months .

    28 Jun 2018

Frequently asked questions

  • Paras Housing (India) Private Limited was incorporated on 16 May 2008.

  • The authorized share capital of Paras Housing (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Paras Housing (India) Private Limited.

    • Teja Singh Moolchandani
    • Dinesh Moolchandani
    • Manoj Kumar Moolchandani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Housing (India) Private Limited is 206 Landmark Building Opp-Raheja Classic Complex New Link Road, Andheri (West) India, Mumbai, Maharashtra, 400053.

  • The corporate identification number (CIN) of Paras Housing (India) Private Limited is U70102MH2008PTC182277 and the company number is 182277 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Housing (India) Private Limited has risen by 259.16%.

  • As Per 2022 financial reports, 14 employees are currently employed by Paras Housing (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Housing (India) Private Limited has experienced an upsurge of 35.29%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Housing (India) Private Limited amount to ₹ 3.50 Cr.

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

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