Paras Power Engineering Private Limited

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

2000 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

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

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Shah Country flag representing InManaging 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%.

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
46.94%
Revenue from Operations
47.58%
Total Assets
-2.26%
Profit or Loss
-18.56%
Net Worth
8.66%
EBITDA
-12.92%

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.

Graph showing employee growth trends

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.

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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.

    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 9 months .

    07 Apr 2022

  • Charges

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

    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 30 days .

    29 Dec 2000

Frequently asked questions

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

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

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

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

  • 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).

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

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

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

  • 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%.

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

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

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