Paras Wires Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 3.81 M
as on 24-10-2024
- Company Age 37 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.97 Cr
as on 24-10-2024
- Satisfied Charges ₹ 15.50 Cr
as on 24-10-2024
- Revenue 49.07%
(FY 2023)
- Profit 326.11%
(FY 2023)
- Ebitda 45.69%
(FY 2023)
- Net Worth 21.44%
(FY 2023)
- Total Assets 2.63%
(FY 2023)
About Paras Wires
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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.81 M.
The company currently has active open charges totaling ₹11.97 Cr. The company has closed loans amounting to ₹15.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Usha Surana, Anil Surana, and Rupin Surana serve as directors at the Company.
- CIN/LLPIN
U27104KA1987PTC008265
- Company No.
008265
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Ramanagar, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Paras Wires Private Limited, offer?
Paras Wires Private Limited, offers a wide range of products and services, including Router, Cables & Networking Devices, Signal Cables, Metal and Alloy Wires, Copper Wires, Batteries & Charge Storage Devices, Automotive Battery Charger, Metal Wire, Electrical Cables & Wires, House Wire, Diagnostic Medical Imaging Equipment.
Who are the key members and board of directors at Paras Wires?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anil Surana  | Managing Director | 11-May-1996 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rupin Surana | Director | 21-Oct-2014 | Current |
| Usha Surana | Director | 27-Nov-1987 | Current |
Financial Performance of Paras Wires.
Paras Wires Private Limited,, for the financial year ended 2023, experienced significant growth in revenue, with a 49.07% increase. The company also saw a substantial improvement in profitability, with a 326.11% increase in profit. The company's net worth Soared by an impressive increase of 21.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paras Wires?
In 2023, Paras Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka State Financial Corporation Creation Date: 12 Feb 2024 | ₹1.45 Cr | Open |
Sidbi Creation Date: 30 Aug 2023 | ₹1.00 Cr | Open |
Hdfc Bank Limited Creation Date: 30 Mar 2021 | ₹4.90 M | Open |
How Many Employees Work at Paras Wires?
Paras Wires has a workforce of 96 employees as of Apr 08, 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 Wires, 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 Wires'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.
