Parasar Mercantile Private Limited

Motorcycle and scooter trading, parts and service center since 2010.

2010 | Ranchi, Jharkhand (India) | Active
Last Updated: December 06, 2024

Parasar Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 14 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 M
  • Revenue Growth -52.11%
  • Profit Growth -182.23%
  • Ebitda -236.66%
  • Net Worth -1375.41%
  • Total Assets -6.42%

About Parasar Mercantile

Parasar Mercantile Private Limited (PMPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 February 2010 and has a history of 14 years and 11 months. Its registered office is in Ranchi, Jharkhand, India.

The Corporate was formerly known as Parasar Auto World Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹6.00 M.

Prabha Singh, Kumar Shubham, and Sheo Singh serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50401JH2010PTC013998

  • Company No.

    013998

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Feb 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Automotive

Who are the key members and board of directors at Parasar Mercantile?

Board Members (3)

Name Designation Appointment Date Status
Prabha Singh Country flag representing In Director 21-Aug-2015 Current
Kumar Shubham Country flag representing In Director 29-Oct-2021 Current
Sheo Singh Country flag representing In Director 16-Feb-2010 Current

Financial Performance of Parasar Mercantile.

Parasar Mercantile Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 52.11% decrease. The company also saw a substantial fall in profitability, with a 182.23% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1375.41%.

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
-52.11%
Revenue from Operations
-50.75%
Total Assets
-6.42%
Profit or Loss
-182.23%
Net Worth
-1375.41%
EBITDA
-236.66%

What is the Ownership and Shareholding Structure of Parasar Mercantile?

In 2018, Parasar Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
15 Apr 2010 State Bank Of India ₹6.00 M Open

How Many Employees Work at Parasar Mercantile?

Unlock and access historical data on people associated with Parasar Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parasar Mercantile, 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 Parasar Mercantile'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 Parasar Mercantile

Recent activity within the organization

  • Annual General Meeting

    Parasar Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Parasar Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Director Appointment

    Kumar Shubham was appointed as a Director was appointed as a Director on 29 Oct 2021 & has been associated with this company since 3 years 3 months .

    29 Oct 2021

  • Director Appointment

    Prabha Singh was appointed as a Director was appointed as a Director on 21 Aug 2015 & has been associated with this company since 9 years 5 months .

    21 Aug 2015

  • Charges

    A charge with State Bank Of India of Rs. 6.00 M registered on 15 Apr 2010 with Charge ID 10216499 was modified on 18 Oct 2012.

    18 Oct 2012

  • Charges

    A charge with State Bank Of India amounted to Rs. 6.00 M with Charge ID 10216499 was registered on 15 Apr 2010.

    15 Apr 2010

Frequently asked questions

  • Parasar Mercantile Private Limited was incorporated on 16 Feb 2010.

  • The authorized share capital of Parasar Mercantile Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Parasar Mercantile Private Limited.

    • Prabha Singh
    • Kumar Shubham
    • Sheo Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parasar Mercantile Private Limited is Prasar Tower Piska More, Ratu Road India, Ranchi, Jharkhand, 834005.

  • The corporate identification number (CIN) of Parasar Mercantile Private Limited is U50401JH2010PTC013998 and the company number is 013998 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parasar Mercantile Private Limited has fallen by -52.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parasar Mercantile Private Limited has experienced an downturn of -1375.41%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parasar Mercantile Private Limited amount to ₹ 6.00 M.

  • The most recent Balance Sheet for Parasar Mercantile Private Limited was filed with the ROC on 31 Mar 2023.

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