Parashav Weaving & Textiles Private Limited

MSME unit manufacturing and trading yarn and cloth for private sector consumption.

2007 | Meerut, Uttar Pradesh (India) | Active
Last Updated: November 15, 2024

Parashav Weaving & Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.68 Cr
  • Satisfied Charges ₹ 1.75 Cr
  • Revenue Growth -28.95%
  • Profit Growth -933.44%
  • Ebitda -11.11%
  • Net Worth -24.59%
  • Total Assets -19.27%

About Parashav Weaving & Textiles

Parashav Weaving & Textiles Private Limited (PWTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 March 2007 and has a history of 17 years and ten months. Its registered office is in Meerut, Uttar Pradesh, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.68 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Jain and Parul Jain serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17222UP2007PTC033074

  • Company No.

    033074

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Mar 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

Who are the key members and board of directors at Parashav Weaving & Textiles?

Board Members (2)

NameDesignationAppointment DateStatus
Rakesh Jain Country flag representing In Director 29-Mar-2007Current
Parul Jain Country flag representing In Director 29-Mar-2007Current

Financial Performance of Parashav Weaving & Textiles.

Parashav Weaving & Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.95% decrease. The company also saw a substantial fall in profitability, with a 933.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.59%.

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
-28.95%
Revenue from Operations
-28.95%
Total Assets
-19.27%
Profit or Loss
-933.44%
Net Worth
-24.59%
EBITDA
-11.11%

What is the Ownership and Shareholding Structure of Parashav Weaving & Textiles?

In 2023, Parashav Weaving & Textiles had a promoter holding of 94.40% and a public holding of 5.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.68 Cr

Satisfied Charges

₹1.75 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.98 Cr
  • Others : 1.70 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2024Axis Bank Limited₹3.00 MOpen
10 Oct 2023Axis Bank Limited₹1.68 CrOpen
24 Nov 2022Others₹2.00 MOpen
25 May 2016Others₹1.50 CrOpen
16 Nov 2009State Bank Of India₹1.75 CrSatisfied

How Many Employees Work at Parashav Weaving & Textiles?

Unlock and access historical data on people associated with Parashav Weaving & Textiles, 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 Parashav Weaving & Textiles, 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 Parashav Weaving & Textiles'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 Parashav Weaving & Textiles

Recent activity within the organization

  • Annual General Meeting

    Parashav Weaving & Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100941195 was registered on 12 Jun 2024.

    12 Jun 2024

  • Balance Sheet

    Parashav Weaving & Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.68 Cr with Charge ID 100800106 was registered on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100665772 was registered on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge registered on 16 Nov 2009 via Charge ID 10184835 with State Bank Of India was fully satisfied on 21 Jun 2016.

    21 Jun 2016

Frequently asked questions

  • Parashav Weaving & Textiles Private Limited was incorporated on 29 Mar 2007.

  • The authorized share capital of Parashav Weaving & Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 2 directors are associated with Parashav Weaving & Textiles Private Limited.

    • Rakesh Kumar Jain
    • Parul Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parashav Weaving & Textiles Private Limited is 95, Konark Colony Roorkee Road India, Meerut, Uttar Pradesh, 250001.

  • The corporate identification number (CIN) of Parashav Weaving & Textiles Private Limited is U17222UP2007PTC033074 and the company number is 033074 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parashav Weaving & Textiles Private Limited has fallen by -28.95%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parashav Weaving & Textiles Private Limited has experienced an downturn of -24.59%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parashav Weaving & Textiles Private Limited amount to ₹ 3.68 Cr.

  • The most recent Balance Sheet for Parashav Weaving & Textiles Private Limited was filed with the ROC on 31 Mar 2024.