Paras Organics Private Limited

Produces APIs, vitamins, iron supplements, metal complexes, and other pharmaceutical products.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Paras Organics Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 2.50 Cr
  • Company Age 51 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.15 Cr
  • Satisfied Charges ₹ 2.71 M
  • Revenue Growth -4.33%
  • Profit Growth 80.20%
  • Ebitda 646.77%
  • Net Worth -27.42%
  • Total Assets -6.59%

About Paras Organics

Paras Organics Private Limited (POPL) was founded in India on 27 September 1973 and has a glorious history of 51 years and four months. Its registered office is in Mumbai, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 2.50 Cr.

The company currently has active open charges totaling ₹7.15 Cr. The company has closed loans amounting to ₹2.71 M, as per Ministry of Corporate Affairs (MCA) records.

Haresh Mehta, Sudhanshu Apte, Vivek Nalgirkar, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100MH1973PTC016876

  • Company No.

    016876

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 1973

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

What products or services does Paras Organics Private Limited offer?

Paras Organics Private Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, API (Active Pharmaceutical Ingredients), Nutraceuticals & Dietary Supplements, Mineral Supplement, Vitamin Powder API, Chemical Reagents & Catalysts, Zinc salts, Common Disease Medicines, Pharmaceutical Medicine.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sudhanshu Apte Country flag representing In Managing Director23-Aug-1991Current

Board Members (3)

NameDesignationAppointment DateStatus
Haresh Mehta Country flag representing In Director 21-Apr-1977Current
Vivek Nalgirkar Country flag representing In Director 04-Jan-1999Current
Bhalchandra Apte Country flag representing In Director 21-Apr-1977Current

Financial Performance of Paras Organics.

Paras Organics Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.33% decrease. The company also saw a substantial improvement in profitability, with a 80.2% increase in profit. The company's net worth observed a substantial decline by a decrease of 27.42%.

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
-4.33%
Revenue from Operations
-4.30%
Total Assets
-6.59%
Profit or Loss
80.20%
Net Worth
-27.42%
EBITDA
646.77%

What is the Ownership and Shareholding Structure of Paras Organics?

In 2023, Paras Organics 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

₹7.15 Cr

Satisfied Charges

₹0.27 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 7.15 Cr

Latest Charge Details

DateLenderAmountStatus
05 Feb 2009Bank Of India₹6.28 MOpen
26 Jun 2000Bank Of India₹1.30 MOpen
26 Jun 2000Bank Of India₹1.65 CrOpen
24 Oct 1997Bank Of India₹0.90 MOpen
21 Jun 1991Bank Of India₹4.44 CrOpen

How Many Employees Work at Paras Organics?

Paras Organics has a workforce of 62 employees as of Apr 09, 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 Organics, 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 Organics'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 Organics

Recent activity within the organization

  • Annual General Meeting

    Paras Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Paras Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Bank Of India of Rs. 4.44 Cr registered on 21 Jun 1991 with Charge ID 90141707 was modified on 05 Apr 2022.

    05 Apr 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 0.63 Cr with Charge ID 10147422 was registered on 05 Feb 2009.

    05 Feb 2009

  • Charges

    A charge with Bank Of India of Rs. 0.20 Cr registered on 03 Nov 1982 with Charge ID 90141560 was modified on 05 Feb 2009.

    05 Feb 2009

  • Charges

    A charge registered on 28 May 2001 via Charge ID 90143418 with The Bharat Co-Op Bank Ltd was fully satisfied on 23 Jan 2009.

    23 Jan 2009

Frequently asked questions

  • Paras Organics Private Limited was incorporated on 27 Sep 1973.

  • The authorized share capital of Paras Organics Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.50 Cr.

  • Currently 4 directors are associated with Paras Organics Private Limited.

    • Haresh Vasantlal Mehta
    • Sudhanshu Bhalchandra Apte
    • Vivek Vankatrao Nalgirkar
    • Bhalchandra Keshav Apte
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Organics Private Limited is Plot No D-119T T C Industrial Area Shirwani India, Thane, Maharashtra, 400076.

  • The corporate identification number (CIN) of Paras Organics Private Limited is U24100MH1973PTC016876 and the company number is 016876 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Organics Private Limited is https://www.parasorganics.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Organics Private Limited has fallen by -4.33%.

  • As Per 2023 financial reports, 62 employees are currently employed by Paras Organics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Organics Private Limited has experienced an downturn of -27.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Organics Private Limited amount to ₹ 7.15 Cr.

  • The most recent Balance Sheet for Paras Organics Private Limited was filed with the ROC on 31 Mar 2024.

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