Paras Polycab Private Limited

Manufacturer and supplier of welding and cutting equipment, safety products, and electrical cables.

2001 | Delhi (India) | Active
Last Updated: November 17, 2024

Paras Polycab Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 3.30 M
  • Company Age 23 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.48 Cr
  • Satisfied Charges ₹ 2.35 Cr
  • Revenue Growth -12.72%
  • Profit Growth -5.94%
  • Ebitda 10.98%
  • Net Worth 8.08%
  • Total Assets -0.78%

About Paras Polycab

Paras Polycab Private Limited (PPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 2001 and has a history of 23 years and eight months. Its registered office is in Delhi, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 3.30 M.

The company currently has active open charges totaling ₹4.48 Cr. The company has closed loans amounting to ₹2.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishna Jindal and Subhash Jindal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    primacables.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300DL2001PTC111233

  • Company No.

    111233

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Paras Polycab Private Limited offer?

Paras Polycab Private Limited offers a wide range of products and services, including Safety Belts, Full Body Safety Belt, Safety Shields, Welding Hand Shield, Industrial Jacket, Safety Jacket.

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

Board Members (2)

Name Designation Appointment Date Status
Krishna Jindal Country flag representing In Director 12-Jun-2001 Current
Subhash Jindal Country flag representing In Director 12-Jun-2001 Current

Financial Performance of Paras Polycab.

Paras Polycab Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.72% decrease. The company also saw a slight decrease in profitability, with a 5.94% decrease in profit. The company's net worth moved up by a moderate rise of 8.08%.

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
-12.72%
Revenue from Operations
-12.71%
Total Assets
-0.78%
Profit or Loss
-5.94%
Net Worth
8.08%
EBITDA
10.98%

What is the Ownership and Shareholding Structure of Paras Polycab?

In 2023, Paras Polycab had a promoter holding of 34.61% and a public holding of 65.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.48 Cr

Satisfied Charges

₹2.35 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.33 Cr
  • The Nainital Bank Limited : 0.65 Cr
  • Hdfc Bank Limited : 0.34 Cr
  • United Bank Of India : 0.16 Cr

Latest Charge Details

Date Lender Amount Status
11 Jul 2023 Hdfc Bank Limited ₹2.00 M Open
24 Nov 2022 Hdfc Bank Limited ₹1.38 M Open
05 Apr 2022 United Bank Of India ₹1.60 M Open
05 Apr 2022 Others ₹1.60 M Open
18 Oct 2016 Others ₹3.17 Cr Open

How Many Employees Work at Paras Polycab?

Paras Polycab has a workforce of 4 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Paras Polycab 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 Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 100780322 was registered on 11 Jul 2023.

    11 Jul 2023

  • Balance Sheet

    Paras Polycab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100698936 was registered on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with United Bank Of India amounted to Rs. 0.16 Cr with Charge ID 100554871 was registered on 05 Apr 2022.

    05 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100559723 was registered on 05 Apr 2022.

    05 Apr 2022

Frequently asked questions

  • Paras Polycab Private Limited was incorporated on 12 Jun 2001.

  • The authorized share capital of Paras Polycab Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 3.30 M.

  • Currently 2 directors are associated with Paras Polycab Private Limited.

    • Krishna Jindal
    • Subhash Jindal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Polycab Private Limited is Plot No 100 Ground Floor Badli Ind Area Ph-2 India, New Delhi, 110042.

  • The corporate identification number (CIN) of Paras Polycab Private Limited is U31300DL2001PTC111233 and the company number is 111233 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Polycab Private Limited is https://www.primacables.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Polycab Private Limited has fallen by -12.72%.

  • As Per 2023 financial reports, 4 employees are currently employed by Paras Polycab Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Polycab Private Limited has experienced an upsurge of 8.08%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Polycab Private Limited amount to ₹ 4.48 Cr.

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