Paras Ship Breakers Limited
Specializes in buying and selling ship-vessels for breaking and scrap purposes since 1993.
1993 | Mumbai, Maharashtra (India) | Active
Paras Ship Breakers Profile
Key Indicators
- Authorised Capital ₹ 4.50 Cr
- Paid Up Capital ₹ 3.94 Cr
- Company Age 32 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.20 Cr
- Revenue Growth 0.41%
- Profit Growth -65.31%
- Ebitda -7.03%
- Net Worth -0.14%
- Total Assets 0.25%
About Paras Ship Breakers
Paras Ship Breakers Limited (PSBL) is a Public Limited Indian Non-Government Company incorporated in India on 22 March 1993 and has a history of 32 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Transport And Logistics 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 4.50 Cr and a paid-up capital of Rs 3.94 Cr.
The company has closed loans amounting to ₹3.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Hirenbhai Shah, Bhavesh Shah, and Gaurav Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U61000MH1993PLC071267
- Company No.
071267
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Mar 1993
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
Paras Ship Breakers Limited
Explore comprehensive data for Paras Ship Breakers Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Paras Ship Breakers?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hirenbhai Shah  | Director | 01-Jun-1998 | Current |
| Bhavesh Shah | Director | 01-Jun-1998 | Current |
| Gaurav Shah | Director | 01-Jun-1998 | Current |
Financial Performance of Paras Ship Breakers.
Paras Ship Breakers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.41% increase. The company also saw a substantial fall in profitability, with a 65.31% decrease in profit. The company's net worth dipped by a decrease of 0.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Paras Ship Breakers?
In 2023, Paras Ship Breakers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sunbeam High Tech Builders Llp
Hirenbhai Shah, Bhavesh Shah and 1 more are mutual person
- Shri Raipur Minerals And Logistics Limited
Hirenbhai Shah and Bhavesh Shah are mutual person
- Navkaar Ispat Limited
Hirenbhai Shah is a mutual person
- Hiren Industrial Gas Suppliers Private Limited
Hirenbhai Shah is a mutual person
- Jineshwar Section Manufacturers Association
Hirenbhai Shah and Bhavesh Shah are mutual person
- Am Ispat Limited
Bhavesh Shah is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹3.20 Cr
Charges Breakdown by Lending Institutions
- Dena Bank : 3.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 1999 | Dena Bank | ₹3.20 Cr | Satisfied |
How Many Employees Work at Paras Ship Breakers?
Paras Ship Breakers has a workforce of 3 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paras Ship Breakers, 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 Ship Breakers'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.
Latest Updates, News, and FAQs on Paras Ship Breakers
Recent activity within the organization
- Annual General Meeting
Paras Ship Breakers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paras Ship Breakers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 29 Sep 1999 via Charge ID 90163927 with Dena Bank was fully satisfied on 26 Jun 2007.
- Charges
A charge with Dena Bank amounted to Rs. 3.20 Cr with Charge ID 90163927 was registered on 29 Sep 1999.
- Director Appointment
Hirenbhai Shah was appointed as a Director was appointed as a Director on 01 Jun 1998 & has been associated with this company since 26 years 10 months .
- Director Appointment
Bhavesh Chimanlal Shah was appointed as a Director was appointed as a Director on 01 Jun 1998 & has been associated with this company since 26 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Paras Ship Breakers Limited?
Paras Ship Breakers Limited was incorporated on 22 Mar 1993.
What is authorized share capital and paid-up capital of Paras Ship Breakers Limited?
The authorized share capital of Paras Ship Breakers Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.94 Cr.
Who are the current board members & directors of Paras Ship Breakers Limited?
Currently 3 directors are associated with Paras Ship Breakers Limited.
- Hirenbhai Shah
- Bhavesh Chimanlal Shah
- Gaurav Bhupatrai Shah
What is the registered address of Paras Ship Breakers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paras Ship Breakers Limited is 105 1St Floor Batliboy House, 59/61 Nagdevi Street India, Mumbai, Maharashtra, 400003.
What is the corporate identification number (CIN) and company number of Paras Ship Breakers Limited?
The corporate identification number (CIN) of Paras Ship Breakers Limited is U61000MH1993PLC071267 and the company number is 071267 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Paras Ship Breakers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paras Ship Breakers Limited has risen by 0.41%.
How many employees does Paras Ship Breakers Limited currently have?
As Per 2023 financial reports, 3 employees are currently employed by Paras Ship Breakers Limited.
What change has been observed in the net worth of Paras Ship Breakers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paras Ship Breakers Limited has experienced an downturn of -0.14%.
When was the last Balance Sheet of Paras Ship Breakers Limited filed with the ROC?
The most recent Balance Sheet for Paras Ship Breakers Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records