Paras Lifestyles Profile
Key Indicators
- Authorised Capital ₹ 4.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 19 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.87 Cr
- Satisfied Charges ₹ 44.00 Cr
- Revenue Growth -31.63%
- Profit Growth -19.13%
- Ebitda -6.91%
- Net Worth 6.10%
- Total Assets -9.74%
About Paras Lifestyles
Paras Lifestyles Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 May 2005 and has a history of 19 years and eight months. Its registered office is in Bhopal, Madhya Pradesh, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 4.00 M.
The company currently has active open charges totaling ₹15.87 Cr. The company has closed loans amounting to ₹44.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harish Moolchandani and Rachna Moolchandani serve as directors at the Company.
Company Details
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Location
Bhopal, Madhya Pradesh, 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
U45200MP2005PTC054895
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Company No.
153197
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 May 2005
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Gwalior
Industry
Who are the key members and board of directors at Paras Lifestyles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harish Moolchandani
|
Managing Director | 26-Dec-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Rachna Moolchandani
|
Director | 01-Apr-2010 | Current |
Financial Performance of Paras Lifestyles.
Paras Lifestyles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 31.63% decrease. The company also saw a substantial fall in profitability, with a 19.13% decrease in profit. The company's net worth moved up by a moderate rise of 6.1%.
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What is the Ownership and Shareholding Structure of Paras Lifestyles?
In 2023, Paras Lifestyles 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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Paras Housing (Mumbai) LlpHarish Moolchandani is a mutual person
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Sufi Developers Llp
Harish Moolchandani is a mutual person
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Glorishine Properties Private Limited
Harish Moolchandani is a mutual person
Charges (Loans)
₹158.70 M
₹440.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 4.75 Cr
- State Bank Of India : 4.00 Cr
- Madhya Pradesh Financial Corporation : 3.90 Cr
- Others : 3.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Sep 2022 | State Bank Of India | ₹4.00 Cr | Open |
| 25 Feb 2021 | Others | ₹3.22 Cr | Open |
| 18 Mar 2016 | Axis Bank Limited | ₹4.75 Cr | Open |
| 20 May 2010 | Madhya Pradesh Financial Corporation | ₹3.90 Cr | Open |
| 29 Nov 2016 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at Paras Lifestyles?
Paras Lifestyles has a workforce of 3 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras Lifestyles, 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 Lifestyles'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.
