Paras Synthetics (India) Private Limited
Manufactures and trades grey cloth and finished fabrics in Maharashtra.
1992 | Mumbai, Maharashtra (India) | Active
Paras Synthetics (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.63 M
- Company Age 32 Year, 11 Months
- Last Filing with ROC 31 Mar 2019
- Satisfied Charges ₹ 35.75 Cr
- Revenue Growth 33.11%
- Profit Growth -4.87%
- Ebitda -3.67%
- Net Worth 7.35%
- Total Assets -10.79%
About Paras Synthetics (India)
Paras Synthetics (India) Private Limited (PSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 April 1992 and has a history of 32 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Paras Synthetics Private Limited. 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 2019. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.63 M.
The company has closed loans amounting to ₹35.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Paresh Mehta and Harsh Mehta 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
U17120MH1992PTC066229
- Company No.
066229
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Apr 1992
- Date of AGM
30 Sep 2019
- Date of Balance Sheet
31 Mar 2019
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Paras Synthetics (India) Private Limited offer?
Paras Synthetics (India) Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Cotton Textile, Ladies Suits & Dress Material, Viscose & Rayon Fabric, Stretch Fabric, Silk Textile, Printed Fabrics.
Who are the key members and board of directors at Paras Synthetics (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paresh Mehta  | Director | 06-Apr-1992 | Current |
| Harsh Mehta | Director | 01-Aug-2006 | Current |
Financial Performance of Paras Synthetics (India).
Paras Synthetics (India) Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 33.11% increase. The company also saw a slight decrease in profitability, with a 4.87% decrease in profit. The company's net worth moved up by a moderate rise of 7.35%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paras Synthetics (India)?
In 2019, Paras Synthetics (India) 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)
- Olive Fab Llp
Harsh Mehta is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹357.50 M
Charges Breakdown by Lending Institutions
- Canara Bank : 18.35 Cr
- Standard Chartered Bank : 17.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Dec 2020 | Standard Chartered Bank | ₹2.20 Cr | Satisfied |
| 07 Mar 2013 | Standard Chartered Bank | ₹15.20 Cr | Satisfied |
| 03 Nov 2009 | Canara Bank | ₹8.75 Cr | Satisfied |
| 02 Dec 2005 | Canara Bank | ₹9.60 Cr | Satisfied |
How Many Employees Work at Paras Synthetics (India)?
Unlock and access historical data on people associated with Paras Synthetics (India), 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 Synthetics (India), 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 Synthetics (India)'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 Synthetics (India)
Recent activity within the organization
- Charges
A charge registered on 09 Dec 2020 via Charge ID 100486640 with Standard Chartered Bank was fully satisfied on 22 Mar 2024.
- Charges
A charge registered on 07 Mar 2013 via Charge ID 10420352 with Standard Chartered Bank was fully satisfied on 22 Mar 2024.
- Charges
A charge with Standard Chartered Bank of Rs. 152.00 M registered on 07 Mar 2013 with Charge ID 10420352 was modified on 18 Jan 2021.
- Charges
A charge with Standard Chartered Bank amounted to Rs. 22.00 M with Charge ID 100486640 was registered on 09 Dec 2020.
- Annual General Meeting
Paras Synthetics (India) Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.
- Balance Sheet
Paras Synthetics (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Frequently asked questions
What is the Incorporation or founding date of Paras Synthetics (India) Private Limited?
Paras Synthetics (India) Private Limited was incorporated on 06 Apr 1992.
What is authorized share capital and paid-up capital of Paras Synthetics (India) Private Limited?
The authorized share capital of Paras Synthetics (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.63 M.
Who are the current board members & directors of Paras Synthetics (India) Private Limited?
Currently 2 directors are associated with Paras Synthetics (India) Private Limited.
- Paresh Jivanlal Mehta
- Harsh Paresh Mehta
What is the registered address of Paras Synthetics (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paras Synthetics (India) Private Limited is Office No 23 2 Nd Floorchawala Bldg 111 Tamba Kanta India, Mumbai, Maharashtra, 400003.
What is the corporate identification number (CIN) and company number of Paras Synthetics (India) Private Limited?
The corporate identification number (CIN) of Paras Synthetics (India) Private Limited is U17120MH1992PTC066229 and the company number is 066229 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Paras Synthetics (India) Private Limited?
According to the financial reports for the fiscal year 2019, the revenue trend for Paras Synthetics (India) Private Limited has risen by 33.11%.
What change has been observed in the net worth of Paras Synthetics (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2019 indicates that The net worth of Paras Synthetics (India) Private Limited has experienced an upsurge of 7.35%.
When was the last Balance Sheet of Paras Synthetics (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Paras Synthetics (India) Private Limited was filed with the ROC on 31 Mar 2019.
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