Paras Miracle Poly Products Private Limited

Manufacturer and supplier of plastic molded articles, kitchenware, and cleaning products.

1996 | Ahmednagar, Maharashtra (India) | Active
Last Updated: July 25, 2024

Paras Miracle Poly Products Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.29 M
  • Company Age 29 Year, 20 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.60 Cr
  • Satisfied Charges ₹ 8.36 Cr
  • Revenue Growth 9.67%
  • Profit Growth -31.40%
  • Ebitda -16.83%
  • Net Worth 9.78%
  • Total Assets 11.50%

About Paras Miracle Poly Products

Paras Miracle Poly Products Private Limited (PMPPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 1996 and has a history of 29 years. Its registered office is in Ahmednagar, Maharashtra, India.

The Corporate was formerly known as Bothara Poly Products Private Limited. The Company is engaged in the Manufacturing 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 1.50 M and a paid-up capital of Rs 1.29 M.

The company currently has active open charges totaling ₹6.60 Cr. The company has closed loans amounting to ₹8.36 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh Bothara, Pemraj Bothara, Pranesh Bothara, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmednagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parasmiracle.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U33112PN1996PTC096773

  • Company No.

    096773

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Manufacturing

What products or services does Paras Miracle Poly Products Private Limited offer?

Paras Miracle Poly Products Private Limited offers a wide range of products and services, including Wash Basins, Sanitaryware & Fittings, Plumbing Traps, PVC, FRP, HDPE & Other Plastic Pipes, Borewell Pipes, Drainage Pipe, Bathroom Accessories, PVC, CPVC, HDPE Water Pipe Fittings, Plastic Pipe Fittings, Plastic Pipe Cap, PE Pipe Fitting.

Who are the key members and board of directors at Paras Miracle Poly Products?

Board Members (4)

NameDesignationAppointment DateStatus
Santosh Bothara Country flag representing In Director 14-Jul-2004Current
Pemraj Bothara Country flag representing In Director 01-Apr-2006Current
Pranesh Bothara Country flag representing In Additional Director 15-Jun-2024Current
Prasann Bothara Country flag representing In Director 10-Jun-2021Current

Financial Performance of Paras Miracle Poly Products.

Paras Miracle Poly Products Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.67% increase. The company also saw a substantial fall in profitability, with a 31.4% decrease in profit. The company's net worth moved up by a moderate rise of 9.78%.

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
9.67%
Revenue from Operations
9.84%
Total Assets
11.50%
Profit or Loss
-31.40%
Net Worth
9.78%
EBITDA
-16.83%

What is the Ownership and Shareholding Structure of Paras Miracle Poly Products?

In 2023, Paras Miracle Poly Products had a promoter holding of 66.67% and a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.00 M

Satisfied Charges

₹83.65 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 6.60 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2013Hdfc Bank Limited₹6.60 CrOpen
09 Feb 2010Bank Of Baroda (Ahmednagar Branch)₹6.75 CrSatisfied
05 Oct 2004Ahmednagar Merchant Cooperative Bank Limited₹2.10 MSatisfied
29 Sep 2004The Ahmednagar Merchant Cooperative Bank Limited₹4.71 MSatisfied
14 Sep 1998Nagar Urban Co-Op. Bank Ltd.₹2.50 MSatisfied

How Many Employees Work at Paras Miracle Poly Products?

Paras Miracle Poly Products has a workforce of 211 employees as of Apr 01, 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 Miracle Poly Products, 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 Miracle Poly Products'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 Miracle Poly Products

Recent activity within the organization

  • Director Appointment

    Pranesh Pemraj Bothara was appointed as a Additional Director was appointed as a Additional Director on 15 Jun 2024 & has been associated with this company since 8 months 6 days .

    15 Jun 2024

  • Annual General Meeting

    Paras Miracle Poly Products 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 Miracle Poly Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Prasann Pemraj Bothara was appointed as a Director was appointed as a Director on 10 Jun 2021 & has been associated with this company since 3 years 8 months .

    10 Jun 2021

  • Charges

    A charge with Hdfc Bank Limited of Rs. 66.00 M registered on 28 Feb 2013 with Charge ID 10407452 was modified on 03 Jul 2013.

    03 Jul 2013

  • Charges

    A charge registered on 09 Feb 2010 via Charge ID 10203887 with Bank Of Baroda (Ahmednagar Branch) was fully satisfied on 15 May 2013.

    15 May 2013

Frequently asked questions

  • Paras Miracle Poly Products Private Limited was incorporated on 31 Jan 1996.

  • The authorized share capital of Paras Miracle Poly Products Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.29 M.

  • Currently 4 directors are associated with Paras Miracle Poly Products Private Limited.

    • Santosh Manakchand Bothara
    • Pemraj Manakchand Bothara
    • Pranesh Pemraj Bothara
    • Prasann Pemraj Bothara
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Miracle Poly Products Private Limited is Gat No 351 10 Th Milestone Nagar Kalyan Road, Ahmednagar, Maharashtra, India, 414103.

  • The corporate identification number (CIN) of Paras Miracle Poly Products Private Limited is U33112PN1996PTC096773 and the company number is 096773 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Miracle Poly Products Private Limited is https://www.parasmiracle.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Miracle Poly Products Private Limited has risen by 9.67%.

  • As Per 2023 financial reports, 211 employees are currently employed by Paras Miracle Poly Products Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Miracle Poly Products Private Limited has experienced an upsurge of 9.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Miracle Poly Products Private Limited amount to ₹ 6.60 Cr.

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

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