Paras Lubricants Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.51 Cr
- Company Age 39 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 90.01 Cr
- Revenue Growth 86.00%
- Profit Growth 261.38%
- Ebitda 159.49%
- Net Worth 23.95%
- Total Assets 32.24%
About Paras Lubricants
Paras Lubricants Limited (PLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 1985 and has a history of 39 years and four months. Its registered office is in Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.51 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹90.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Paras Lubricants Limited India is Ankita Rathi as COMPANY SECRETARY. Sushant Bansal, Raghav Bansal, Awadh Garg, and Six other members serve as directors at the Company.
Company Details
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Location
Delhi, 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
U24229DL1985PLC022086
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Company No.
022086
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
23 Sep 1985
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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 Delhi
Industry
What products or services does Paras Lubricants Limited offer?
Paras Lubricants Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Grease, Automotive Oils, Grease, Engine Oil, Synthetic Oils, Rust & Corrosion Protection Products, Rust Preventives, Multigrade Engine Oil, Industrial Oils.
Who are the key members and board of directors at Paras Lubricants?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ankita Rathi | Company Secretary | 17-Apr-2015 | Current |
Paras Bansal
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Managing Director | 23-Sep-1985 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Sushant Bansal
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Director | 01-Jun-2005 | Current |
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Raghav Bansal
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Director | 18-Jul-2015 | Current |
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Awadh Garg
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Director | 29-Mar-2024 | Current |
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Nitish Chugh
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Director | 30-Sep-2022 | Current |
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Manish Goyal
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Director | 18-Jul-2015 | Current |
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Shalini Aggarwal
|
Director | 30-Mar-2015 | Current |
Financial Performance of Paras Lubricants.
Paras Lubricants Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 86% increase. The company also saw a substantial improvement in profitability, with a 261.38% increase in profit. The company's net worth Soared by an impressive increase of 23.95%.
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What is the Ownership and Shareholding Structure of Paras Lubricants?
In 2023, Paras Lubricants had a promoter holding of 92.02% and a public holding of 7.98%. 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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Palco Chemicals LlpManish Goyal is a mutual person
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Palco Associates LlpSushant Bansal, Raghav Bansal and 2 more are mutual person
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Icemax Universal Private LimitedSushant Bansal, Raghav Bansal and 2 more are mutual person
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Paras Petro Products Private LimitedRaghav Bansal, Manish Goyal and 1 more are mutual person
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Hari Om Lubes Llp
Shalini Aggarwal and Subhash Agarwal are mutual person
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Radhika Colonisers Private Limited
Subhash Agarwal is a mutual person
Charges (Loans)
₹45.00 Cr
₹90.01 Cr
Charges Breakdown by Lending Institutions
- Others : 43.92 Cr
- Hdfc Bank Limited : 1.08 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2024 | Hdfc Bank Limited | ₹1.00 M | Open |
| 06 Jun 2024 | Hdfc Bank Limited | ₹1.28 M | Open |
| 06 May 2024 | Others | ₹2.00 M | Open |
| 12 Oct 2023 | Others | ₹43.51 Cr | Open |
| 20 Jun 2023 | Hdfc Bank Limited | ₹4.57 M | Open |
How Many Employees Work at Paras Lubricants?
Paras Lubricants has a workforce of 196 employees as of Sep 16, 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 Lubricants, 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 Lubricants'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.
