Paras Lubricants Limited logo

Paras Lubricants Limited

Manufacturer of automotive and industrial lubricants, including engine oils, gear oils, and greases.

1985 Delhi, Delhi (India) Active

About

Basic Data Updated:

4 days ago
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 38 years and 11 months. Its registered office is in Delhi, Delhi, India.

The Company is engaged in the Chemicals And Resources 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 Corporate currently has active open charges totaling ₹45.00 cr. It has already closed loans amounting to ₹90.01 cr, as per the Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paras Lubricants Limited India is Ankita Rathi as Company Secretary. Paras Bansal, Sushant Bansal, Dinesh Aggarwal, and Six other members serve as directors at the Company.

Industry

Company Details

  • Location

    Delhi, Delhi, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU24229DL1985PLC022086
Company No.022086
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date23 Sep 1985
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Delhi

Products or Services related to Paras Lubricants Limited

Palco Lithium Complex Soap

Automotive Grease

Pal Front Fork Oil

Automotive Oils

Palco Pal Sng-1000 Silicone Grease

Grease

Palco Hitech 15W40 1 L Heavy Duty Diesel Engine Oil

Engine Oil

product
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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.

Financials of Paras Lubricants Limited

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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%.

Corporate Structure

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Unlock access to Paras Lubricants's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Paras Lubricants Limited

Executive Team (2)

  • PB

    Paras Bansal In Managing Director

    Appointment Date: 23-Sep-1985

    Status: Current

  • AR

    Ankita Rathi Company Secretary

    Appointment Date: 17-Apr-2015

    Status: Current

Board Members(8)

Charges (Loans)

Open Charges Satisfied Charges

₹45.00 cr

₹90.01 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 20 Jul 2024
₹1.00 MOpen

Hdfc Bank Limited

Creation Date: 06 Jun 2024
₹1.28 MOpen

Others

Creation Date: 06 May 2024
₹2.00 MOpen

Deals i

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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

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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.

Alert

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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.

Related Corporates (Common Directorship)

Recent activity within the organization

  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 cr with Charge ID 100955631 was registered on 20 Jul 2024.

    20 Jul 2024
  • Activity

    Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 cr with Charge ID 100940112 was registered on 06 Jun 2024.

    06 Jun 2024
  • Activity

    Charges

    A charge with Others amounted to Rs. 0.20 cr with Charge ID 100926976 was registered on 06 May 2024.

    06 May 2024
  • Activity

    Director Appointment

    Awadh Narayan Garg was appointed as a Director was appointed as a Director on 30 Mar 2024 & has been associated with this company since 5 months 23 days .

    30 Mar 2024
  • Activity

    Charges

    A charge with Others of Rs. 43.51 cr registered on 12 Oct 2023 with Charge ID 100793961 was modified on 27 Nov 2023.

    27 Nov 2023

Frequently asked questions

What is the Incorporation or founding date of Paras Lubricants Limited?

Paras Lubricants Limited was incorporated 38 years 11 months ago on 23 Sep 1985 with Registrar of Companies Roc Delhi.

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