Paras Power Engineering Private Limited

Manufactures and supplies transformers and instrument transformers for indoor and outdoor applications.

2000 | Bangaluru, Karnataka (India) | Active
Last Updated:

Paras Power Engineering Profile

Key Indicators

  • Authorised Capital ₹ 9.90 M
  • Paid Up Capital ₹ 9.90 M
  • Company Age 24 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.97 Cr
  • Revenue Growth 46.94%
  • Profit Growth -18.56%
  • Ebitda -12.92%
  • Net Worth 8.66%
  • Total Assets -2.26%

About Paras Power Engineering

Paras Power Engineering Private Limited (PPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 2000 and has a history of 24 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 9.90 M and a paid-up capital of Rs 9.90 M.

The company currently has active open charges totaling ₹10.97 Cr.

Mahesh Shah, Brahmma Shah, and Rishab Shah serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paraspower.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31102KA2000PTC028379

  • Company No.

    028379

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Paras Power Engineering Private Limited offer?

Paras Power Engineering Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Electric Control Panel, Metering Cubicle.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Shah Country flag representing In Managing Director29-Dec-2000Current

Board Members (2)

NameDesignationAppointment DateStatus
Brahmma Shah Country flag representing In Director 29-Dec-2000Current
Rishab Shah Country flag representing In Director 07-Apr-2022Current

Financial Performance of Paras Power Engineering.

Paras Power Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.94% increase. The company also saw a substantial fall in profitability, with a 18.56% decrease in profit. The company's net worth moved up by a moderate rise of 8.66%.

Paras Power Engineering revenue growth over time
Paras Power Engineering 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
46.94%
Revenue from Operations
47.58%
Total Assets
-2.26%
Profit or Loss
-18.56%
Net Worth
8.66%
EBITDA
-12.92%

What is the Ownership and Shareholding Structure of Paras Power Engineering?

In 2023, Paras Power Engineering 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

₹109.70 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.97 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2001State Bank Of India₹10.97 CrOpen

How Many Employees Work at Paras Power Engineering?

Paras Power Engineering has a workforce of 18 employees as of Apr 04, 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 Power Engineering Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Paras Power Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 109.70 M registered on 30 Mar 2001 with Charge ID 80035128 was modified on 14 Mar 2024.

  • Director Appointment

    Rishab Mahesh Shah was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 2 years 10 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 109.70 M with Charge ID 80035128 was registered on 30 Mar 2001.

  • Director Appointment

    Mahesh Dhanayakumar Shah was appointed as a Managing Director was appointed as a Managing Director on 29 Dec 2000 & has been associated with this company since 24 years 2 months .

Frequently asked questions

  • What is the Incorporation or founding date of Paras Power Engineering Private Limited?

    Paras Power Engineering Private Limited was incorporated on 29 Dec 2000.

  • What is authorized share capital and paid-up capital of Paras Power Engineering Private Limited?

    The authorized share capital of Paras Power Engineering Private Limited is ₹ 9.90 M and paid-up capital is ₹ 9.90 M.

  • Who are the current board members & directors of Paras Power Engineering Private Limited?

    Currently 3 directors are associated with Paras Power Engineering Private Limited.

    • Mahesh Dhanayakumar Shah
    • Brahmma Mahesh Shah
    • Rishab Mahesh Shah

  • What is the registered address of Paras Power Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paras Power Engineering Private Limited is Plot No.434 12Th Cross, 4Th Stage Peenya Industrial Area India, Bangalore, Karnataka, 560058.

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

    The corporate identification number (CIN) of Paras Power Engineering Private Limited is U31102KA2000PTC028379 and the company number is 028379 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paras Power Engineering Private Limited?

    The Official website of Paras Power Engineering Private Limited is https://www.paraspower.in

  • What has been the recent revenue trend for Paras Power Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paras Power Engineering Private Limited has risen by 46.94%.

  • How many employees does Paras Power Engineering Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Paras Power Engineering Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Paras Power Engineering Private Limited has experienced an upsurge of 8.66%.

  • What are the total open charges for Paras Power Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paras Power Engineering Private Limited amount to ₹ 10.97 Cr.

  • When was the last Balance Sheet of Paras Power Engineering Private Limited filed with the ROC?

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

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