Parason Machinery(India) Profile
Key Indicators
- Authorised Capital ₹ 24.00 Cr
as on 14-12-2024
- Paid Up Capital ₹ 6.45 Cr
as on 14-12-2024
- Company Age 33 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 95.65 Cr
as on 14-12-2024
- Satisfied Charges ₹ 80.12 Cr
as on 14-12-2024
- Revenue 19.84%
(FY 2021)
- Profit 5.21%
(FY 2021)
- Ebitda 28.00%
(FY 2021)
- Net Worth 12.90%
(FY 2021)
- Total Assets 29.06%
(FY 2021)
About Parason Machinery(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.
- 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
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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.
Who are the key members and board of directors at Parason Machinery(India)?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shekhar Desarda  | Director | 04-Mar-1991 | Current |
| Kishor Desarda | Director | 28-Jun-2022 | Current |
| Madhure Desarda | Director | 28-Jun-2022 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Parason Projects Limited Liability Partn ErshipActive 3 years 20 daysShekhar Desarda and Kishor Desarda are mutual person
- Pratishthan Industries Private LimitedActive 13 years 6 months
Shekhar Desarda, Kishor Desarda and 1 more are mutual person
- Microfab Industries Private LimitedActive 1 year 7 days
Shekhar Desarda, Kishor Desarda and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 30 Jun 2021 | ₹18.35 Cr | Open |
Hdfc Bank Limited Creation Date: 04 Jan 2021 | ₹22.00 Cr | Open |
Axis Bank Limited Creation Date: 29 Mar 2019 | ₹55.30 Cr | Open |
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.
Deals i
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
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
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.
