Paras Vanaspati Private Limited

Produces and sells vegetable oils and fats through wholesale distribution.

1992 | Raipur, Chattisgarh (India) | Active
Last Updated: January 10, 2025

Paras Vanaspati Profile

Key Indicators

  • Authorised Capital ₹ 4.90 Cr
  • Paid Up Capital ₹ 4.36 Cr
  • Company Age 33 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.63 M
  • Satisfied Charges ₹ 20.05 Cr
  • Revenue Growth -17.04%
  • Profit Growth -115.27%
  • Ebitda -38.38%
  • Net Worth -1.75%
  • Total Assets -1.71%

About Paras Vanaspati

Paras Vanaspati Private Limited (PVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 January 1992 and has a history of 33 years. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Food And Beverages 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 4.90 Cr and a paid-up capital of Rs 4.36 Cr.

The company currently has active open charges totaling ₹0.63 M. The company has closed loans amounting to ₹20.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vijay Sangoi, Hemendra Sangoi, Dilip Sangoi, and One other member serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15141CT1992PTC006908

  • Company No.

    006908

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Jan 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Food and Beverages

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

Board Members (4)

Name Designation Appointment Date Status
Hemendra Sangoi Country flag representing In Director 15-Mar-2005 Current
Vijay Sangoi Country flag representing In Whole-Time Director 31-Jan-1992 Current
Dilip Sangoi Country flag representing In Director 15-Mar-2005 Current
Arvind Sangoi Country flag representing In Director 01-Oct-1994 Current

Financial Performance of Paras Vanaspati.

Paras Vanaspati Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.04% decrease. The company also saw a substantial fall in profitability, with a 115.27% decrease in profit. The company's net worth dipped by a decrease of 1.75%.

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
-17.04%
Revenue from Operations
-17.16%
Total Assets
-1.71%
Profit or Loss
-115.27%
Net Worth
-1.75%
EBITDA
-38.38%

What is the Ownership and Shareholding Structure of Paras Vanaspati?

In 2023, Paras Vanaspati had a promoter holding of 49.13% and a public holding of 50.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.06 Cr

Satisfied Charges

₹20.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
11 Jul 2022 Hdfc Bank Limited ₹0.63 M Open
10 Aug 1999 Dena Bank ₹18.05 Cr Satisfied
01 Jul 1999 Madhya Pradesh Financial Corporation ₹2.00 Cr Satisfied

How Many Employees Work at Paras Vanaspati?

Paras Vanaspati has a workforce of 16 employees as of Mar 27, 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 Vanaspati, 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 Vanaspati'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 Vanaspati

Recent activity within the organization

  • Annual General Meeting

    Paras Vanaspati 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 Vanaspati Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100873954 was registered on 11 Jul 2022.

    11 Jul 2022

  • Charges

    A charge registered on 10 Aug 1999 via Charge ID 90208468 with Dena Bank was fully satisfied on 05 May 2015.

    05 May 2015

  • Charges

    A charge with Dena Bank of Rs. 18.05 Cr registered on 10 Aug 1999 with Charge ID 90208468 was modified on 23 Jun 2008.

    23 Jun 2008

  • Charges

    A charge registered on 01 Jul 1999 via Charge ID 90208450 with Madhya Pradesh Financial Corporation was fully satisfied on 07 May 2005.

    07 May 2005

Frequently asked questions

  • Paras Vanaspati Private Limited was incorporated on 31 Jan 1992.

  • The authorized share capital of Paras Vanaspati Private Limited is ₹ 4.90 Cr and paid-up capital is ₹ 4.36 Cr.

  • Currently 4 directors are associated with Paras Vanaspati Private Limited.

    • Vijay Sangoi
    • Hemendra Sangoi
    • Dilip Sangoi
    • Arvind Damji Sangoi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paras Vanaspati Private Limited is 21/360 Ganj Para, India, Raipur C.G., Chattisgarh, 492001.

  • The corporate identification number (CIN) of Paras Vanaspati Private Limited is U15141CT1992PTC006908 and the company number is 006908 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Paras Vanaspati Private Limited is https://www.parasgroupindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paras Vanaspati Private Limited has fallen by -17.04%.

  • As Per 2023 financial reports, 16 employees are currently employed by Paras Vanaspati Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paras Vanaspati Private Limited has experienced an downturn of -1.75%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Paras Vanaspati Private Limited amount to ₹ 0.63 M.

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

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