Paras Lifestyles Private Limited

Developing residential complexes, townships, and housing projects for comfortable living.

2005 | Bhopal, Madhya Pradesh (India) | Active
Last Updated:

Paras Lifestyles Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 20 Year, 3 Days
  • 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 20 years. 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

  • Location

    Bhopal, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200MP2005PTC054895

  • Company No.

    153197

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Real Estate and Construction
Company report

Paras Lifestyles Private Limited

Explore comprehensive data for Paras Lifestyles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harish Moolchandani Country flag representing In Managing Director26-Dec-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Rachna Moolchandani Country flag representing In Director 01-Apr-2010Current

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%.

Paras Lifestyles revenue growth over time
Paras Lifestyles 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
-31.63%
Revenue from Operations
-31.85%
Total Assets
-9.74%
Profit or Loss
-19.13%
Net Worth
6.10%
EBITDA
-6.91%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹158.70 M

Satisfied Charges

₹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

DateLenderAmountStatus
08 Sep 2022State Bank Of India₹4.00 CrOpen
25 Feb 2021Others₹3.22 CrOpen
18 Mar 2016Axis Bank Limited₹4.75 CrOpen
20 May 2010Madhya Pradesh Financial Corporation₹3.90 CrOpen
29 Nov 2016Others₹10.00 CrSatisfied

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.

Employee growth trends for Paras Lifestyles Private Limited

Deals i

Graph showing company valuation over time

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

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 Lifestyles

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 47.50 M registered on 18 Mar 2016 with Charge ID 100023326 was modified on 02 Sep 2024.

  • Charges

    A charge registered on 29 Nov 2016 via Charge ID 100070192 with Others was fully satisfied on 27 Jun 2024.

  • Charges

    A charge registered on 16 May 2013 via Charge ID 10448870 with Housing Development Finance Corporation Limited was fully satisfied on 27 Jun 2024.

  • Annual General Meeting

    Paras Lifestyles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Paras Lifestyles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

  • Charges

    A charge with State Bank Of India of Rs. 40.00 M registered on 08 Sep 2022 with Charge ID 100620249 was modified on 13 Sep 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Paras Lifestyles Private Limited?

    Paras Lifestyles Private Limited was incorporated on 11 May 2005.

  • What is authorized share capital and paid-up capital of Paras Lifestyles Private Limited?

    The authorized share capital of Paras Lifestyles Private Limited is ₹ 4.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Paras Lifestyles Private Limited?

    Currently 2 directors are associated with Paras Lifestyles Private Limited.

    • Harish T Moolchandani
    • Rachna Harish Moolchandani

  • What is the registered address of Paras Lifestyles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paras Lifestyles Private Limited is E-8, Extention Adjacent To Paras Emperor Bawadiya Kalan India, Bhopal, Madhya Pradesh, 462001.

  • What is the corporate identification number (CIN) and company number of Paras Lifestyles Private Limited?

    The corporate identification number (CIN) of Paras Lifestyles Private Limited is U45200MP2005PTC054895 and the company number is 153197 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paras Lifestyles Private Limited?

    The Official website of Paras Lifestyles Private Limited is https://www.paraslifestyles.com

  • What has been the recent revenue trend for Paras Lifestyles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paras Lifestyles Private Limited has fallen by -31.63%.

  • How many employees does Paras Lifestyles Private Limited currently have?

    As Per 2023 financial reports, 3 employees are currently employed by Paras Lifestyles Private Limited.

  • What change has been observed in the net worth of Paras Lifestyles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paras Lifestyles Private Limited has experienced an upsurge of 6.10%.

  • What are the total open charges for Paras Lifestyles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paras Lifestyles Private Limited amount to ₹ 15.87 Cr.

  • When was the last Balance Sheet of Paras Lifestyles Private Limited filed with the ROC?

    The most recent Balance Sheet for Paras Lifestyles Private Limited was filed with the ROC on 31 Mar 2023.

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