Paras Oil Extraction Private Limited

Founded in 1983 and headquartered in Chattisgarh, India.

1983 | Raipur., Chattisgarh (India) | Active
Last Updated:

Paras Oil Extraction Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.60 M
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.29 Cr
  • Satisfied Charges ₹ 8.66 Cr
  • Revenue Growth 4.69%
  • Profit Growth -71.21%
  • Ebitda -49.20%
  • Net Worth 7.34%
  • Total Assets 47.91%

About Paras Oil Extraction

Paras Oil Extraction Private Limited (POEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 May 1983 and has a history of 41 years and nine months. Its registered office is in Raipur., Chattisgarh, India.

The Company is engaged in the Food And Beverages 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 1.00 Cr and a paid-up capital of Rs 4.60 M.

The company currently has active open charges totaling ₹20.29 Cr. The company has closed loans amounting to ₹8.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Hemendra Sangoi, Dilip Sangoi, Paras Sangoi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Raipur., Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parasgroupindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U15100CT1983PTC002187

  • Company No.

    002187

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Food and Beverages

What products or services does Paras Oil Extraction Private Limited offer?

Paras Oil Extraction Private Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Organic Fertilizers and Manure, Essential & Aromatic Oils, Carrier Oil, Edible Oil & Allied Products, Cooking Oil, Soaps, Detergent Powder & Cakes, Detergent Raw Material, Bird Food, Poultry & Animal Food, Animal Feed.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Arvind Sangoi Country flag representing In Managing Director15-Mar-2005Current

Board Members (4)

NameDesignationAppointment DateStatus
Hemendra Sangoi Country flag representing In Whole-Time Director 12-Dec-2019Current
Dilip Sangoi Country flag representing In Whole-Time Director 11-May-1983Current
Paras Sangoi Country flag representing In Director 30-Sep-1999Current
Vijay Sangoi Country flag representing 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%.

Paras Oil Extraction revenue growth over time
Paras Oil Extraction 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
4.69%
Revenue from Operations
4.37%
Total Assets
47.91%
Profit or Loss
-71.21%
Net Worth
7.34%
EBITDA
-49.20%

What is the Ownership and Shareholding Structure of Paras Oil Extraction?

In 2023, Paras Oil Extraction had a promoter holding of 57.16% and a public holding of 42.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.29 Cr

Satisfied Charges

₹8.66 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 20.21 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
04 Dec 2023Axis Bank Limited₹5.60 MOpen
21 Apr 2023Axis Bank Limited₹1.35 CrOpen
11 Apr 2023Axis Bank Limited₹3.00 CrOpen
11 Apr 2023Axis Bank Limited₹2.70 CrOpen
31 Jan 2023Axis Bank Limited₹12.60 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.

Employee growth trends for Paras Oil Extraction Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Oil Extraction, 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 Oil Extraction'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 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.

  • 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.

  • 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.

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Paras Oil Extraction Private Limited?

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

  • What is authorized share capital and paid-up capital of Paras Oil Extraction Private Limited?

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

  • Who are the current board members & directors of Paras Oil Extraction Private Limited?

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

    • Hemendra Sangoi
    • Dilip Sangoi
    • Paras Sangoi
    • Arvind Damji Sangoi
    • Vijay Sangoi

  • What is the registered address of Paras Oil Extraction Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Paras Oil Extraction Private Limited?

    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).

  • What is the official website of Paras Oil Extraction Private Limited?

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

  • What has been the recent revenue trend for Paras Oil Extraction Private Limited?

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

  • How many employees does Paras Oil Extraction Private Limited currently have?

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

  • What change has been observed in the net worth of Paras Oil Extraction Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Paras Oil Extraction Private Limited?

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

  • When was the last Balance Sheet of Paras Oil Extraction Private Limited filed with the ROC?

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

People also Viewed

Similar Companies Based on Edible Oils & Cooking Fats