Paras Nath Mercantile Pvt Ltd

Jute trading company.

1993 | Kolkata, West Bengal (India) | Active
Last Updated: December 19, 2024

Paras Nath Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 2.80 M
  • Paid Up Capital ₹ 2.57 M
  • Company Age 31 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.25 Cr
  • Satisfied Charges ₹ 2.57 Cr
  • Revenue Growth 92.77%
  • Profit Growth 309.00%
  • Ebitda -77.93%
  • Net Worth 0.16%
  • Total Assets -4.99%

About Paras Nath Mercantile

Paras Nath Mercantile Pvt Ltd (PNMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 May 1993 and has a history of 31 years and nine months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Home & Lifestyle 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 2.80 M and a paid-up capital of Rs 2.57 M.

The company currently has active open charges totaling ₹1.25 Cr. The company has closed loans amounting to ₹2.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Praveen Dakalia and Paritosh Dakalia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51311WB1993PTC058898

  • Company No.

    058898

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Home & Lifestyle

Who are the key members and board of directors at Paras Nath Mercantile?

Board Members (2)

NameDesignationAppointment DateStatus
Praveen Dakalia Country flag representing In Director 25-Sep-2001Current
Paritosh Dakalia Country flag representing In Director 09-Sep-2008Current

Financial Performance of Paras Nath Mercantile.

Paras Nath Mercantile Pvt Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 92.77% increase. The company also saw a substantial improvement in profitability, with a 309% increase in profit. The company's net worth moved up by a moderate rise of 0.16%.

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
92.77%
Revenue from Operations
Total Assets
-4.99%
Profit or Loss
309.00%
Net Worth
0.16%
EBITDA
-77.93%

What is the Ownership and Shareholding Structure of Paras Nath Mercantile?

In 2019, Paras Nath Mercantile had a promoter holding of 7.81% and a public holding of 92.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.50 M

Satisfied Charges

₹25.70 M

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2016Allahabad Bank₹1.25 CrOpen
29 Jul 2010Bank Of Baroda₹0.70 MSatisfied
24 Mar 2009Bank Of Baroda₹2.50 CrSatisfied

How Many Employees Work at Paras Nath Mercantile?

Unlock and access historical data on people associated with Paras Nath Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Nath Mercantile, 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 Nath Mercantile'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 Nath Mercantile

Recent activity within the organization

  • Charges

    A charge registered on 29 Jul 2010 via Charge ID 10321350 with Bank Of Baroda was fully satisfied on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge registered on 24 Mar 2009 via Charge ID 10159105 with Bank Of Baroda was fully satisfied on 12 Aug 2024.

    12 Aug 2024

  • Annual General Meeting

    Paras Nath Mercantile Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Paras Nath Mercantile Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Allahabad Bank amounted to Rs. 12.50 M with Charge ID 10625700 was registered on 26 Feb 2016.

    26 Feb 2016

  • Charges

    A charge with Bank Of Baroda of Rs. 25.00 M registered on 24 Mar 2009 with Charge ID 10159105 was modified on 22 Mar 2012.

    22 Mar 2012

Frequently asked questions

  • Paras Nath Mercantile Pvt Ltd was incorporated on 20 May 1993.

  • The authorized share capital of Paras Nath Mercantile Pvt Ltd is ₹ 2.80 M and paid-up capital is ₹ 2.57 M.

  • Currently 2 directors are associated with Paras Nath Mercantile Pvt Ltd.

    • Praveen Kumar Dakalia
    • Paritosh Kumar Dakalia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Nath Mercantile Pvt Ltd is 12 India Exchange Place Jute House 1St Floor, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Paras Nath Mercantile Pvt Ltd is U51311WB1993PTC058898 and the company number is 058898 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Paras Nath Mercantile Pvt Ltd has risen by 92.77%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Paras Nath Mercantile Pvt Ltd has experienced an upsurge of 0.16%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Paras Nath Mercantile Pvt Ltd amount to ₹ 1.25 Cr.

  • The most recent Balance Sheet for Paras Nath Mercantile Pvt Ltd was filed with the ROC on 31 Mar 2023.

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