Paras Rings Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.99 M
- Company Age 13 Year, 26 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.40 Cr
- Satisfied Charges ₹ 4.83 Cr
- Revenue Growth 54.40%
- Profit Growth -10.88%
- Ebitda 21.36%
- Net Worth 9.48%
- Total Assets 38.21%
About Paras Rings
Paras Rings Private Limited (PRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 February 2012 and has a history of 13 years. Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Automotive 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 1.00 M and a paid-up capital of Rs 0.99 M.
The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹4.83 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manoj Satani and Paras Satani serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U28900GJ2012PTC068879
- Company No.
068879
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Feb 2012
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Automotive
Who are the key members and board of directors at Paras Rings?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Satani  | Director | 06-Feb-2012 | Current |
| Paras Satani | Director | 06-Feb-2012 | Current |
Financial Performance of Paras Rings.
Paras Rings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.4% increase. The company also saw a substantial fall in profitability, with a 10.88% decrease in profit. The company's net worth moved up by a moderate rise of 9.48%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paras Rings?
Unlock access to Paras Rings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
Open Charges
₹34.00 M
Satisfied Charges
₹48.32 M
Charges Breakdown by Lending Institutions
- Others : 3.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jul 2022 | Others | ₹3.40 Cr | Open |
| 29 Jun 2018 | Others | ₹2.71 Cr | Satisfied |
| 30 Oct 2012 | Others | ₹2.12 Cr | Satisfied |
How Many Employees Work at Paras Rings?
Unlock and access historical data on people associated with Paras Rings, 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 Rings, 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 Rings's trajectory.
Rating
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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.
Latest Updates, News, and FAQs on Paras Rings
Recent activity within the organization
- Annual General Meeting
Paras Rings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paras Rings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 29 Jun 2018 via Charge ID 100194851 with Others was fully satisfied on 21 Sep 2022.
- Charges
A charge with Others of Rs. 34.00 M registered on 14 Jul 2022 with Charge ID 100600862 was modified on 17 Sep 2022.
- Charges
A charge with Others amounted to Rs. 34.00 M with Charge ID 100600862 was registered on 14 Jul 2022.
- Charges
A charge with Others of Rs. 27.10 M registered on 29 Jun 2018 with Charge ID 100194851 was modified on 11 Oct 2018.
Frequently asked questions
What is the Incorporation or founding date of Paras Rings Private Limited?
Paras Rings Private Limited was incorporated on 06 Feb 2012.
What is authorized share capital and paid-up capital of Paras Rings Private Limited?
The authorized share capital of Paras Rings Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.99 M.
Who are the current board members & directors of Paras Rings Private Limited?
Currently 2 directors are associated with Paras Rings Private Limited.
- Manoj Dhanjibhai Satani
- Paras Dhanjibhai Satani
What is the registered address of Paras Rings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paras Rings Private Limited is Survey No.286 Paikee 2 Vikas Stove Road Village: Veraval (Shapar), India, Taluka Kotda Sangani, Gujarat, 360024.
What is the corporate identification number (CIN) and company number of Paras Rings Private Limited?
The corporate identification number (CIN) of Paras Rings Private Limited is U28900GJ2012PTC068879 and the company number is 068879 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paras Rings Private Limited?
The Official website of Paras Rings Private Limited is https://www.parasrings.com
What has been the recent revenue trend for Paras Rings Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paras Rings Private Limited has risen by 54.40%.
What change has been observed in the net worth of Paras Rings Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paras Rings Private Limited has experienced an upsurge of 9.48%.
What are the total open charges for Paras Rings Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Paras Rings Private Limited amount to ₹ 3.40 Cr.
When was the last Balance Sheet of Paras Rings Private Limited filed with the ROC?
The most recent Balance Sheet for Paras Rings Private Limited was filed with the ROC on 31 Mar 2024.