Parashnath Re-Rolling Mills Private Limited

Steel trading company established in 2005, based in Kolkata, West Bengal.

2005 | Kolkata, West Bengal (India) | Active
Last Updated:

Parashnath Re-Rolling Mills Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.53 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 452.84 Cr
  • Revenue Growth -8.93%
  • Profit Growth -8438059.65%
  • Ebitda -8438059.65%
  • Net Worth -41.51%
  • Total Assets -33.57%

About Parashnath Re-Rolling Mills

Parashnath Re-Rolling Mills Private Limited (PRMPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 April 2005 and has a history of 19 years and ten months. Its registered office is in Kolkata, West Bengal.

The Company is engaged in the Metals And Minerals 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 Cr and a paid-up capital of Rs 4.53 Cr.

The company currently has active open charges totaling ₹452.84 Cr.

Nishant Nirbhay and Ankit Mihariya serve as directors at the Company.

Company Details

  • Location Kolkata, West Bengal
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parassteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2005PTC102703

  • Company No.

    102703

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Apr 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Parashnath Re-Rolling Mills?

Board Members (2)

NameDesignationAppointment DateStatus
Nishant Nirbhay Country flag representing In Additional Director 22-May-2024Current
Ankit Mihariya Country flag representing In Director 16-Feb-2022Current

Financial Performance of Parashnath Re-Rolling Mills.

Parashnath Re-Rolling Mills Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.93% decrease. The company also saw a substantial fall in profitability, with a 8438059.65% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.51%.

Parashnath Re-Rolling Mills revenue growth over time
Parashnath Re-Rolling Mills 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
-8.93%
Revenue from Operations
-8.93%
Total Assets
-33.57%
Profit or Loss
-8438059.65%
Net Worth
-41.51%
EBITDA
-8438059.65%

What is the Ownership and Shareholding Structure of Parashnath Re-Rolling Mills?

In 2023, Parashnath Re-Rolling Mills 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

₹452.84 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 232.30 Cr
  • Sbicap Trustee Company Limited : 220.54 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2018Sbicap Trustee Company Limited₹220.54 CrOpen
09 Mar 2015State Bank Of India₹232.30 CrOpen

How Many Employees Work at Parashnath Re-Rolling Mills?

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

Employee growth trends for Parashnath Re-Rolling Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parashnath Re-Rolling Mills, 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 Parashnath Re-Rolling Mills'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 Parashnath Re-Rolling Mills

Recent activity within the organization

  • Director Appointment

    Nishant Kumar Nirbhay was appointed as a Additional Director was appointed as a Additional Director on 22 May 2024 & has been associated with this company since 9 months 13 days .

  • Annual General Meeting

    Parashnath Re-Rolling Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Parashnath Re-Rolling Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Ankit Kumar Mihariya was appointed as a Director was appointed as a Director on 16 Feb 2022 & has been associated with this company since 3 years 17 days .

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 220.54 Cr with Charge ID 100192196 was registered on 19 Jun 2018.

  • Charges

    A charge with State Bank Of India amounted to Rs. 232.30 Cr with Charge ID 10557570 was registered on 09 Mar 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Parashnath Re-Rolling Mills Private Limited?

    Parashnath Re-Rolling Mills Private Limited was incorporated on 11 Apr 2005.

  • What is authorized share capital and paid-up capital of Parashnath Re-Rolling Mills Private Limited?

    The authorized share capital of Parashnath Re-Rolling Mills Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.53 Cr.

  • Who are the current board members & directors of Parashnath Re-Rolling Mills Private Limited?

    Currently 2 directors are associated with Parashnath Re-Rolling Mills Private Limited.

    • Nishant Kumar Nirbhay
    • Ankit Kumar Mihariya
  • What is the registered address of Parashnath Re-Rolling Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parashnath Re-Rolling Mills Private Limited is 14C M.D. Road 3Rd Floor, India, Kolkata, West Bengal.

  • What is the corporate identification number (CIN) and company number of Parashnath Re-Rolling Mills Private Limited?

    The corporate identification number (CIN) of Parashnath Re-Rolling Mills Private Limited is U27109WB2005PTC102703 and the company number is 102703 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parashnath Re-Rolling Mills Private Limited?

    The Official website of Parashnath Re-Rolling Mills Private Limited is https://www.parassteels.com

  • What has been the recent revenue trend for Parashnath Re-Rolling Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parashnath Re-Rolling Mills Private Limited has fallen by -8.93%.

  • What change has been observed in the net worth of Parashnath Re-Rolling Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parashnath Re-Rolling Mills Private Limited has experienced an downturn of -41.51%.

  • What are the total open charges for Parashnath Re-Rolling Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parashnath Re-Rolling Mills Private Limited amount to ₹ 452.84 Cr.

  • When was the last Balance Sheet of Parashnath Re-Rolling Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Parashnath Re-Rolling Mills Private Limited was filed with the ROC on 31 Mar 2023.

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