Paras Oil Extraction Private Limited logo

Paras Oil Extraction Private Limited

Founded in 1983 headquartered in Chattisgarh, India.
1983 | Raipur., Chattisgarh (India) | Active

Last Updated:

June 16, 2024
HomeCompanyParas Oil Extraction Private Limited

Who are the key members and board of directors at Paras Oil Extraction?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvind Sangoi InManaging Director15-Mar-2005Current

Board Members(4)

NameDesignationAppointment DateStatus
Hemendra Sangoi In Whole-Time Director 12-Dec-2019Current
Dilip Sangoi In Whole-Time Director 11-May-1983Current
Paras Sangoi In Director 30-Sep-1999Current
Vijay Sangoi In Director 15-Mar-2005Current

Financial Performance of Paras Oil Extraction.

Paras Oil Extraction Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.69% increase. The company also saw a substantial fall in profitability, with a 71.21% decrease in profit. The company's net worth moved up by a moderate rise of 7.34%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.69%
Revenue from Operations
4.37%
Total Assets
47.91%
Profit or Loss
-71.21%
Net Worth
7.34%
EBITDA
-49.20%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹20.29 Cr

₹8.66 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 04 Dec 2023
₹5.60 MOpen

Axis Bank Limited

Creation Date: 21 Apr 2023
₹1.35 CrOpen

Axis Bank Limited

Creation Date: 11 Apr 2023
₹3.00 CrOpen

How Many Employees Work at Paras Oil Extraction?

Paras Oil Extraction has a workforce of 16 employees as of Apr 08, 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.

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Latest Updates, News, and FAQs on Paras Oil Extraction

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.56 Cr with Charge ID 100836014 was registered on 04 Dec 2023.

    04 Dec 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 12.60 Cr registered on 31 Jan 2023 with Charge ID 100686643 was modified on 04 Dec 2023.

    04 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.35 Cr with Charge ID 100725397 was registered on 21 Apr 2023.

    21 Apr 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100708358 was registered on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.70 Cr with Charge ID 100708359 was registered on 11 Apr 2023.

    11 Apr 2023

Frequently asked questions

  • Paras Oil Extraction Private Limited was incorporated on 11 May 1983.

  • The authorized share capital of Paras Oil Extraction Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.60 M.

  • Currently 5 directors are associated with Paras Oil Extraction Private Limited.

    • Hemendra Sangoi
    • Dilip Sangoi
    • Paras Sangoi
    • Arvind Damji Sangoi
    • Vijay Sangoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Oil Extraction Private Limited is 21/360 Ganj Para, Raipur., Chattisgarh, India, 492001.

  • The corporate identification number (CIN) of Paras Oil Extraction Private Limited is U15100CT1983PTC002187 and the company number is 002187 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Oil Extraction Private Limited is https://www.parasgroupindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Oil Extraction Private Limited has risen by 4.69%.

  • As Per 2023 financial reports, 16 employees are currently employed by Paras Oil Extraction Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Oil Extraction Private Limited has experienced an upsurge of 7.34%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Oil Extraction Private Limited amount to ₹ 20.29 Cr.

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

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