Paras Intermediates Private Limited

Founded in 1999 and headquartered in Maharashtra, India.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: December 08, 2024

Paras Intermediates Profile

Key Indicators

  • Authorised Capital ₹ 7.05 M
  • Paid Up Capital ₹ 5.27 M
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.54 Cr
  • Satisfied Charges ₹ 9.50 M
  • Revenue Growth 56.76%
  • Profit Growth 75.94%
  • Ebitda 51.60%
  • Net Worth 27.73%
  • Total Assets 27.54%

About Paras Intermediates

Paras Intermediates Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 1999 and has a history of 25 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials 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 7.05 M and a paid-up capital of Rs 5.27 M.

The company currently has active open charges totaling ₹3.54 Cr. The company has closed loans amounting to ₹9.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ketan Bhatt, Anish Marfatia, Ramesh Patel, and Two other members 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

    U24100MH1999PTC195984

  • Company No.

    195984

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Paras Intermediates Private Limited offer?

Paras Intermediates Private Limited offers a wide range of products and services, including Chemical Reagents & Catalysts, Potassium Salts, Medical Laboratory Instruments, VTM Kit Raw Materials, Zinc salts, Pharma Ingredients & Raw Materials, API Intermediate, Ammonium Compound, Organic Acid.

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

Board Members (5)

Name Designation Appointment Date Status
Ketan Bhatt Country flag representing In Director 30-Sep-2002 Current
Anish Marfatia Country flag representing In Director 30-Sep-2002 Current
Ramesh Patel Country flag representing In Director 04-May-1999 Current
Nipun Shah Country flag representing In Director 04-May-1999 Current
Jigar Shah Country flag representing In Director 30-Sep-2002 Current

Financial Performance of Paras Intermediates.

Paras Intermediates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.76% increase. The company also saw a substantial improvement in profitability, with a 75.94% increase in profit. The company's net worth Soared by an impressive increase of 27.73%.

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
56.76%
Revenue from Operations
57.76%
Total Assets
27.54%
Profit or Loss
75.94%
Net Worth
27.73%
EBITDA
51.60%

What is the Ownership and Shareholding Structure of Paras Intermediates?

In 2022, Paras Intermediates 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

₹35.40 M

Satisfied Charges

₹9.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.54 Cr

Latest Charge Details

Date Lender Amount Status
15 Dec 2023 State Bank Of India ₹1.50 Cr Open
29 Mar 1996 State Bank Of India ₹2.04 Cr Open
04 Aug 2021 Axis Bank Limited ₹6.50 M Satisfied
05 Apr 2002 State Bank Of India ₹3.00 M Satisfied

How Many Employees Work at Paras Intermediates?

Paras Intermediates has a workforce of 108 employees as of Apr 04, 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 Intermediates, 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 Intermediates'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 Intermediates

Recent activity within the organization

  • Annual General Meeting

    Paras Intermediates 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 Intermediates 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. 15.00 M with Charge ID 100835794 was registered on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge registered on 05 Apr 2002 via Charge ID 90107206 with State Bank Of India was fully satisfied on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge registered on 04 Aug 2021 via Charge ID 100466337 with Axis Bank Limited was fully satisfied on 20 Jul 2023.

    20 Jul 2023

  • Charges

    A charge with State Bank Of India of Rs. 20.40 M registered on 29 Mar 1996 with Charge ID 90104641 was modified on 02 Apr 2022.

    02 Apr 2022

Frequently asked questions

  • Paras Intermediates Private Limited was incorporated on 04 May 1999.

  • The authorized share capital of Paras Intermediates Private Limited is ₹ 7.05 M and paid-up capital is ₹ 5.27 M.

  • Currently 5 directors are associated with Paras Intermediates Private Limited.

    • Ketan Ramesh Bhatt
    • Anish Bansilal Marfatia
    • Ramesh Gajanan Patel
    • Nipun Chimanlal Shah
    • Jigar Narendra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Intermediates Private Limited is A-40 New Empire Industrial Estate Kondivita Road, Ahdheri(East) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Paras Intermediates Private Limited is U24100MH1999PTC195984 and the company number is 195984 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Intermediates Private Limited is https://www.parasint.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Paras Intermediates Private Limited has risen by 56.76%.

  • As Per 2022 financial reports, 108 employees are currently employed by Paras Intermediates Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Paras Intermediates Private Limited has experienced an upsurge of 27.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Paras Intermediates Private Limited amount to ₹ 3.54 Cr.

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