Parason Machinery(India) Private Limited

Manufactures machinery and spares for pulp and paper mills.

1991 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Parason Machinery(India) Profile

Key Indicators

  • Authorised Capital ₹ 24.00 Cr
  • Paid Up Capital ₹ 6.45 Cr
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 95.65 Cr
  • Satisfied Charges ₹ 80.12 Cr
  • Revenue Growth 19.84%
  • Profit Growth 5.21%
  • Ebitda 28.00%
  • Net Worth 12.90%
  • Total Assets 29.06%

About Parason Machinery(India)

Parason Machinery(India) Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 1991 and has a history of 34 years and two months. Its registered office is in Aurangabad, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 24.00 Cr and a paid-up capital of Rs 6.45 Cr.

The company currently has active open charges totaling ₹95.65 Cr. The company has closed loans amounting to ₹80.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shekhar Desarda, Kishor Desarda, and Madhure Desarda serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29290MH1991PTC060587

  • Company No.

    060587

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Mar 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Parason Machinery(India) Private Limited offer?

Parason Machinery(India) Private Limited offers a wide range of products and services, including Paper Work & Making Machine, Paper Machinery, Industrial & Engineering Goods, Mechanical Components, Dyes & Color Additives, Dye Intermediates, Industrial Mixers & Homogenizers, Agitator, Paper Machinery Parts, Pollution Control Devices & Machines.

Company report

Parason Machinery(India) Private Limited

Explore comprehensive data for Parason Machinery(India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Parason Machinery(India)?

Board Members (3)

NameDesignationAppointment DateStatus
Shekhar Desarda Country flag representing In Director 04-Mar-1991Current
Kishor Desarda Country flag representing In Director 28-Jun-2022Current
Madhure Desarda Country flag representing In Director 28-Jun-2022Current

Financial Performance of Parason Machinery(India).

Parason Machinery(India) Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 19.84% increase. The company also saw a slight improvement in profitability, with a 5.21% increase in profit. The company's net worth Soared by an impressive increase of 12.9%.

Parason Machinery(India) revenue growth over time
Parason Machinery(India) 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
19.84%
Revenue from Operations
19.40%
Total Assets
29.06%
Profit or Loss
5.21%
Net Worth
12.90%
EBITDA
28.00%

What is the Ownership and Shareholding Structure of Parason Machinery(India)?

In 2021, Parason Machinery(India) had a promoter holding of 77.75% and a public holding of 22.25%. 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

₹95.65 Cr

Satisfied Charges

₹80.12 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 55.30 Cr
  • Hdfc Bank Limited : 22.00 Cr
  • Others : 18.35 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2021Others₹18.35 CrOpen
04 Jan 2021Hdfc Bank Limited₹22.00 CrOpen
29 Mar 2019Axis Bank Limited₹55.30 CrOpen
27 Dec 2021Axis Bank Limited₹5.70 CrSatisfied
22 May 2020Citi Bank N.A.₹6.00 CrSatisfied

How Many Employees Work at Parason Machinery(India)?

Parason Machinery(India) has a workforce of 327 employees as of Mar 29, 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.

Employee growth trends for Parason Machinery(India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parason Machinery(India), 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 Parason Machinery(India)'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 Parason Machinery(India)

Recent activity within the organization

  • Annual General Meeting

    Parason Machinery(India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 18.35 Cr registered on 30 Jun 2021 with Charge ID 100456116 was modified on 15 Jun 2024.

  • Balance Sheet

    Parason Machinery(India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Axis Bank Limited of Rs. 55.30 Cr registered on 29 Mar 2019 with Charge ID 100276676 was modified on 15 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.00 Cr registered on 04 Jan 2021 with Charge ID 100408752 was modified on 21 Aug 2023.

  • Charges

    A charge registered on 18 Jun 2018 via Charge ID 100188769 with Axis Bank Limited was fully satisfied on 30 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Parason Machinery(India) Private Limited?

    Parason Machinery(India) Private Limited was incorporated on 04 Mar 1991.

  • What is authorized share capital and paid-up capital of Parason Machinery(India) Private Limited?

    The authorized share capital of Parason Machinery(India) Private Limited is ₹ 24.00 Cr and paid-up capital is ₹ 6.45 Cr.

  • Who are the current board members & directors of Parason Machinery(India) Private Limited?

    Currently 3 directors are associated with Parason Machinery(India) Private Limited.

    • Shekhar Champalal Desarda
    • Kishor Chandrashekhar Desarda
    • Madhure Chandrashekhar Desarda

  • What is the registered address of Parason Machinery(India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parason Machinery(India) Private Limited is Golden Dreams E-27 4Th Floor Chikalthana, Midc India, Aurangabad, Maharashtra, 431006.

  • What is the corporate identification number (CIN) and company number of Parason Machinery(India) Private Limited?

    The corporate identification number (CIN) of Parason Machinery(India) Private Limited is U29290MH1991PTC060587 and the company number is 060587 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parason Machinery(India) Private Limited?

    The Official website of Parason Machinery(India) Private Limited is https://www.parason.com

  • What has been the recent revenue trend for Parason Machinery(India) Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Parason Machinery(India) Private Limited has risen by 19.84%.

  • How many employees does Parason Machinery(India) Private Limited currently have?

    As Per 2021 financial reports, 327 employees are currently employed by Parason Machinery(India) Private Limited.

  • What change has been observed in the net worth of Parason Machinery(India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Parason Machinery(India) Private Limited has experienced an upsurge of 12.90%.

  • What are the total open charges for Parason Machinery(India) Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Parason Machinery(India) Private Limited amount to ₹ 95.65 Cr.

  • When was the last Balance Sheet of Parason Machinery(India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Parason Machinery(India) Private Limited was filed with the ROC on 31 Mar 2024.

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