Paras Housing Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.60 M
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.50 Cr
- Satisfied Charges ₹ 66.40 Cr
- Revenue Growth 65.45%
- Profit Growth 538.87%
- Ebitda -162.15%
- Net Worth 4.07%
- Total Assets 13.34%
About Paras Housing
Paras Housing Private Limited (PHPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 May 1995 and has a history of 29 years and nine months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.60 M.
The company currently has active open charges totaling ₹10.50 Cr. The company has closed loans amounting to ₹66.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Teja Moolchandani, Manoj Moolchandani, and Dinesh 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
U70100MH1995PTC087940
- Company No.
087940
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 May 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Paras Housing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Teja Moolchandani  | Managing Director | 02-May-1995 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Moolchandani | Director | 25-Jul-2019 | Current |
| Dinesh Moolchandani | Director | 02-May-1995 | Current |
Financial Performance of Paras Housing.
Paras Housing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.45% increase. The company also saw a substantial improvement in profitability, with a 538.87% increase in profit. The company's net worth moved up by a moderate rise of 4.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Paras Housing?
In 2023, Paras Housing 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)
Paras Multiplex LlpTeja Moolchandani is a mutual person
- Paras Housing (Mumbai) Llp
Teja Moolchandani and Dinesh Moolchandani are mutual person
- Sufi Developers Llp
Teja Moolchandani is a mutual person
- Rausan Merchandiser Llp
Teja Moolchandani and Dinesh Moolchandani are mutual person
- Glorishine Properties Private Limited
Teja Moolchandani is a mutual person
- Paras Housing (India) Private Limited
Teja Moolchandani, Manoj Moolchandani and 1 more are mutual person
Charges (Loans)
₹105.00 M
₹664.03 M
Charges Breakdown by Lending Institutions
- Others : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2022 | Others | ₹10.50 Cr | Open |
| 09 Mar 2022 | Axis Bank Limited | ₹2.24 Cr | Satisfied |
| 11 Feb 2022 | Axis Bank Limited | ₹1.12 Cr | Satisfied |
| 11 Nov 2019 | State Bank Of India | ₹2.50 Cr | Satisfied |
| 15 Nov 2013 | Housing Development Finance Corporation Limited | ₹1.04 Cr | Satisfied |
How Many Employees Work at Paras Housing?
Unlock and access historical data on people associated with Paras Housing, 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 Housing, 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's trajectory.
Rating
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
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.
