Paras Medical Agency Private Limited

Medical supply company with 7500+ products, 50+ pharmaceutical partners, and advanced ordering and tracking systems.

2011 | Dombivli East, Maharashtra (India) | Active
Last Updated: July 18, 2024

Paras Medical Agency Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 14 Year, 26 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.82 Cr
  • Satisfied Charges ₹ 1.70 Cr
  • Revenue Growth 1.09%
  • Profit Growth 33.58%
  • Ebitda 26.92%
  • Net Worth 11.90%
  • Total Assets -1.45%

About Paras Medical Agency

Paras Medical Agency Private Limited (PMAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 2011 and has a history of 14 years. Its registered office is in Dombivli East, Maharashtra, India.

The Company is engaged in the Pharma 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹26.82 Cr. The company has closed loans amounting to ₹1.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aruna Chopra and Mahendrakumar Chopra serve as directors at the Company.

Company Details

  • Location

    Dombivli East, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parasmedicalagency.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109MH2011PTC212761

  • Company No.

    212761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

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

Board Members (2)

NameDesignationAppointment DateStatus
Aruna Chopra Country flag representing In Director 27-Jan-2011Current
Mahendrakumar Chopra Country flag representing In Director 27-Jan-2011Current

Financial Performance of Paras Medical Agency.

Paras Medical Agency Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.09% increase. The company also saw a substantial improvement in profitability, with a 33.58% increase in profit. The company's net worth Soared by an impressive increase of 11.9%.

Graph illustrating revenue growth over time
Graph showing 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
1.09%
Revenue from Operations
1.09%
Total Assets
-1.45%
Profit or Loss
33.58%
Net Worth
11.90%
EBITDA
26.92%

What is the Ownership and Shareholding Structure of Paras Medical Agency?

In 2022, Paras Medical Agency 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

₹268.20 M

Satisfied Charges

₹17.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 26.82 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2021Axis Bank Limited₹8.20 MOpen
10 Aug 2015Axis Bank Limited₹16.00 CrOpen
17 Jun 2015Axis Bank Limited₹10.00 CrOpen
07 Dec 2013The Abhinav Sahakari Bank Limited₹1.10 CrSatisfied
17 Aug 2012The Abhinav Sahakari Bank Limited₹6.00 MSatisfied

How Many Employees Work at Paras Medical Agency?

Paras Medical Agency has a workforce of 6 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Medical Agency, 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 Medical Agency'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 Medical Agency

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 160.00 M registered on 10 Aug 2015 with Charge ID 10589331 was modified on 09 Dec 2023.

    09 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Paras Medical Agency Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 100.00 M registered on 17 Jun 2015 with Charge ID 10589336 was modified on 30 Sep 2021.

    30 Sep 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 8.20 M registered on 08 Feb 2021 with Charge ID 100431893 was modified on 23 Apr 2021.

    23 Apr 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.20 M with Charge ID 100431893 was registered on 08 Feb 2021.

    08 Feb 2021

Frequently asked questions

  • Paras Medical Agency Private Limited was incorporated on 27 Jan 2011.

  • The authorized share capital of Paras Medical Agency Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Paras Medical Agency Private Limited.

    • Aruna Chopra
    • Mahendrakumar Futermal Chopra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Medical Agency Private Limited is Shop No 2 Ground Floor And First Floor B1 Srushti Residency Behind R K TowerK, Hambalpada, Dombivli East, Maharashtra, India, 421201.

  • The corporate identification number (CIN) of Paras Medical Agency Private Limited is U51109MH2011PTC212761 and the company number is 212761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Medical Agency Private Limited is https://www.parasmedicalagency.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Medical Agency Private Limited has risen by 1.09%.

  • As Per 2023 financial reports, 6 employees are currently employed by Paras Medical Agency Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Medical Agency Private Limited has experienced an upsurge of 11.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Medical Agency Private Limited amount to ₹ 26.82 Cr.

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