Parasnath Techgarments Private Limited

Manufacturer of fabric-based garments for casual, work, and protective wear, exporting globally.

2001 | Kanpur, Uttar Pradesh (India) | Active
Last Updated: July 08, 2024

Parasnath Techgarments Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.79 Cr
  • Company Age 23 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.85 Cr
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth 126.09%
  • Profit Growth 206.24%
  • Ebitda 3882.96%
  • Net Worth 15.35%
  • Total Assets 60.70%

About Parasnath Techgarments

Parasnath Techgarments Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 2001 and has a history of 23 years and six months. Its registered office is in Kanpur, Uttar Pradesh, India.

The Company is engaged in the Fashion And Textile 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 2.00 Cr and a paid-up capital of Rs 1.79 Cr.

The company currently has active open charges totaling ₹9.85 Cr. The company has closed loans amounting to ₹13.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rakesh Jain, Sandip Jain, and Shobha Jain serve as directors at the Company.

Company Details

  • Location

    Kanpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parasnathtechgarments.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109UP2001PTC026148

  • Company No.

    026148

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2001

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Fashion and Textile
Manufacturing

Who are the key members and board of directors at Parasnath Techgarments?

Board Members (3)

NameDesignationAppointment DateStatus
Sandip Jain Country flag representing In Director 25-Jul-2001Current
Rakesh Jain Country flag representing In Director 25-Jul-2001Current
Shobha Jain Country flag representing In Additional Director 01-Jun-2019Current

Financial Performance of Parasnath Techgarments.

Parasnath Techgarments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.09% increase. The company also saw a substantial improvement in profitability, with a 206.24% increase in profit. The company's net worth Soared by an impressive increase of 15.35%.

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
126.09%
Revenue from Operations
130.30%
Total Assets
60.70%
Profit or Loss
206.24%
Net Worth
15.35%
EBITDA
3882.96%

What is the Ownership and Shareholding Structure of Parasnath Techgarments?

In 2023, Parasnath Techgarments had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.85 Cr

Satisfied Charges

₹13.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.70 Cr
  • State Bank Of India : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2023State Bank Of India₹1.15 CrOpen
29 Dec 2018Others₹8.70 CrOpen
19 May 2022State Bank Of India₹1.25 CrSatisfied
18 Sep 2005Punjab National Bank₹2.25 CrSatisfied
11 Dec 2001Others₹9.50 CrSatisfied

How Many Employees Work at Parasnath Techgarments?

Parasnath Techgarments has a workforce of 63 employees as of Apr 06, 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 Parasnath Techgarments, 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 Parasnath Techgarments'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 Parasnath Techgarments

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 8.70 Cr registered on 29 Dec 2018 with Charge ID 100249596 was modified on 31 May 2023.

    31 May 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100717706 was registered on 20 Apr 2023.

    20 Apr 2023

  • Balance Sheet

    Parasnath Techgarments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Charges

    A charge registered on 19 May 2022 via Charge ID 100582487 with State Bank Of India was fully satisfied on 17 Nov 2022.

    17 Nov 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.25 Cr with Charge ID 100582487 was registered on 19 May 2022.

    19 May 2022

Frequently asked questions

  • Parasnath Techgarments Private Limited was incorporated on 25 Jul 2001.

  • The authorized share capital of Parasnath Techgarments Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.79 Cr.

  • Currently 3 directors are associated with Parasnath Techgarments Private Limited.

    • Rakesh Kumar Jain
    • Sandip Kumar Jain
    • Shobha Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parasnath Techgarments Private Limited is G-1659/132 A Old Dalmandi, Kanpur, Uttar Pradesh, India, 208001.

  • The corporate identification number (CIN) of Parasnath Techgarments Private Limited is U18109UP2001PTC026148 and the company number is 026148 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parasnath Techgarments Private Limited is https://www.parasnathtechgarments.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parasnath Techgarments Private Limited has risen by 126.09%.

  • As Per 2023 financial reports, 63 employees are currently employed by Parasnath Techgarments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parasnath Techgarments Private Limited has experienced an upsurge of 15.35%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parasnath Techgarments Private Limited amount to ₹ 9.85 Cr.

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

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