Paras Petrofils Limited

Manufacturer and trader of fabric, nylon, and polyester yarn in Surat, Gujarat since 1991.

1991 | Surat, Gujarat (India) | Active
Last Updated:

Paras Petrofils Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 33.42 Cr
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 86.35 Cr
  • Revenue Growth 8.20%
  • Profit Growth -60.33%
  • Ebitda -228.93%
  • Net Worth 1.42%
  • Total Assets 1.67%

About Paras Petrofils

Paras Petrofils Limited (PPL) is a Public Limited Indian Non-Government Company incorporated in India on 20 March 1991 and has a history of 33 years and 11 months. Its registered office is in Surat, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 521246.

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 2024. It's a company limited by shares with an authorized capital of Rs 37.00 Cr and a paid-up capital of Rs 33.42 Cr.

The company has closed loans amounting to ₹86.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paras Petrofils Limited India are Deepak Vaidya as CFO and Shalu Sarraf as Company Secretary. Deepak Vaidya, Madhuben Rathod, Sanjay Bhatt, and Three other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1991PLC015254

  • Company No.

    015254

  • Stock Symbol

    BSE : 521246

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

Paras Petrofils Limited

Explore comprehensive data for Paras Petrofils Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Deepak Vaidya Country flag representing In CFO19-Jun-2018Current
Shalu Sarraf Company Secretary01-Jan-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Deepak Vaidya Country flag representing In Whole-Time Director and Cfo 06-Aug-2018Current
Madhuben Rathod Country flag representing In Director 01-Sep-2020Current
Sanjay Bhatt Country flag representing In Director 17-Feb-2021Current
Piyush Khatod Country flag representing In Director 09-Mar-2024Current
Rupesh Pachori Country flag representing In Director 09-Mar-2024Current
Jayprakashan Nair Director 30-Jul-2024Current

Financial Performance of Paras Petrofils.

Paras Petrofils Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.2% increase. The company also saw a substantial fall in profitability, with a 60.33% decrease in profit. The company's net worth moved up by a moderate rise of 1.42%.

Paras Petrofils revenue growth over time
Paras Petrofils 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
8.20%
Revenue from Operations
Total Assets
1.67%
Profit or Loss
-60.33%
Net Worth
1.42%
EBITDA
-228.93%

What is the Ownership and Shareholding Structure of Paras Petrofils?

In 2022, Paras Petrofils had a promoter holding of 39.29% and a public holding of 60.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹86.35 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 79.61 Cr
  • State Bank Of India : 4.24 Cr
  • Gujarat Industrial Investment Corporation Limited : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2005State Bank Of India₹4.24 CrSatisfied
30 Aug 2003Dena Bank₹12.25 CrSatisfied
04 Feb 2002Dena Bank₹39.31 CrSatisfied
22 Dec 1998Gujarat Industrial Investment Corporation Limited₹2.50 CrSatisfied
01 Oct 1996Dena Bank₹3.40 CrSatisfied

How Many Employees Work at Paras Petrofils?

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

Employee growth trends for Paras Petrofils Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Director Appointment

    Jayprakashan Padmanabhan Nair was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 7 months 13 days .

  • Balance Sheet

    Paras Petrofils Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Piyush Khatod was appointed as a Director was appointed as a Director on 09 Mar 2024 & has been associated with this company since 1 year 3 days .

  • Director Appointment

    Rupesh Pachori was appointed as a Director was appointed as a Director on 09 Mar 2024 & has been associated with this company since 1 year 3 days .

  • Director Appointment

    Madhuben Shankarbhai Rathod was appointed as a Director was appointed as a Director on 01 Sep 2020 & has been associated with this company since 4 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Paras Petrofils Limited?

    Paras Petrofils Limited was incorporated on 20 Mar 1991.

  • What is authorized share capital and paid-up capital of Paras Petrofils Limited?

    The authorized share capital of Paras Petrofils Limited is ₹ 37.00 Cr and paid-up capital is ₹ 33.42 Cr.

  • Who are the current board members & directors of Paras Petrofils Limited?

    Currently 8 directors are associated with Paras Petrofils Limited.

    • Deepak Kishorchandra Vaidya
    • Madhuben Shankarbhai Rathod
    • Sanjay Jayant Bhatt
    • Piyush Khatod
    • Rupesh Pachori
    • Jayprakashan Padmanabhan Nair
    • Deepak Kishorchandra Vaidya
    • Shalu Ramesh Sarraf

  • What is the registered address of Paras Petrofils Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paras Petrofils Limited is 1St Floor Dhamanwala Complex Opp. Apple Hospital Khatodara Road, Udhana India, Surat, Gujarat, 395002.

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

    The corporate identification number (CIN) of Paras Petrofils Limited is L17110GJ1991PLC015254 and the company number is 015254 as per Ministry of Corporate Affairs (MCA).

  • Is Paras Petrofils Limited registered with any stock exchange in India?

    Yes, Paras Petrofils Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Paras Petrofils Limited?

    The Official website of Paras Petrofils Limited is https://www.paraspetrofils.in

  • What has been the recent revenue trend for Paras Petrofils Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paras Petrofils Limited has risen by 8.20%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Paras Petrofils Limited has experienced an upsurge of 1.42%.

  • When was the last Balance Sheet of Paras Petrofils Limited filed with the ROC?

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

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