Paras Pipes Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 3.46 M
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 8.50 M
- Revenue Growth 9.44%
- Profit Growth 1.25%
- Ebitda 7.19%
- Net Worth 18.33%
- Total Assets 48.52%
About Paras Pipes
Paras Pipes Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 2006 and has a history of 18 years and six months. Its registered office is in Raipur, Chattisgarh, India.
The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 3.46 M.
The company has closed loans amounting to ₹8.50 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arti Vaswani, Rajkumar Vaswani, and Rahul Vaswani serve as directors at the Company.
Company Details
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Location
Raipur, Chattisgarh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U26914CT2006PTC020042
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Company No.
020042
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Aug 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chhattisgarh
Industry
What products or services does Paras Pipes Private Limited offer?
Paras Pipes Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Hand Pumps, Steel Pipes and Tubes, MS Pipe, Fire Fighting & Prevention Products, Fire Fighting Equipments, Staircase, Balusters and Stair Parts, Railing Fittings, Jindal MS Pipe, Scaffoldings.
Who are the key members and board of directors at Paras Pipes?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arti Vaswani
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Director | 09-Aug-2006 | Current |
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Rajkumar Vaswani
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Director | 09-Aug-2006 | Current |
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Rahul Vaswani
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Additional Director | 01-May-2008 | Current |
Financial Performance of Paras Pipes.
Paras Pipes Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.44% increase. The company also saw a slight improvement in profitability, with a 1.25% increase in profit. The company's net worth Soared by an impressive increase of 18.33%.
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What is the Ownership and Shareholding Structure of Paras Pipes?
In 2022, Paras Pipes had a promoter holding of 76.88% and a public holding of 23.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹0
₹8.50 M
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 0.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2009 | Kotak Mahindra Bank Limited | ₹8.50 M | Satisfied |
How Many Employees Work at Paras Pipes?
Unlock and access historical data on people associated with Paras Pipes, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras Pipes, 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 Pipes's trajectory.
Rating
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
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.