Paras Lubricants Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 16-09-2024
- Paid Up Capital ₹ 9.51 Cr
as on 16-09-2024
- Company Age 39 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
as on 16-09-2024
- Satisfied Charges ₹ 90.01 Cr
as on 16-09-2024
- Revenue 86.00%
(FY 2022)
- Profit 261.38%
(FY 2022)
- Ebitda 159.49%
(FY 2022)
- Net Worth 23.95%
(FY 2022)
- Total Assets 32.24%
(FY 2022)
About Paras Lubricants
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. Paras Bansal, Sushant Bansal, Dinesh Aggarwal, and Six other members serve as directors at the Company.
- CIN/LLPIN
U24229DL1985PLC022086
- Company No.
022086
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
23 Sep 1985
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media
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 |
|---|---|---|---|
Paras Bansal  | Managing Director | 23-Sep-1985 | Current |
| Ankita Rathi | Company Secretary | 17-Apr-2015 | Current |
Board Members(8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sushant Bansal | Director | 01-Jun-2005 | Current |
| Raghav Bansal | Director | 18-Jul-2015 | Current |
| Dinesh Aggarwal | Whole-Time Director | 01-Apr-2009 | Current |
| Subhash Agarwal | Whole-Time Director | 01-Apr-2009 | Current |
| Awadh Garg | Director | 30-Mar-2024 | Current |
| 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Palco Associates LlpActive 4 years 10 monthsSushant Bansal, Dinesh Aggarwal and 2 more are mutual person
Icemax Universal Private LimitedActive 13 years 11 monthsSushant Bansal, Subhash Agarwal and 2 more are mutual person
- Paras Petro Products Private LimitedActive 3 months 19 days
Subhash Agarwal, Raghav Bansal and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 20 Jul 2024 | ₹1.00 M | Open |
Hdfc Bank Limited Creation Date: 06 Jun 2024 | ₹1.28 M | Open |
Others Creation Date: 06 May 2024 | ₹2.00 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.
