Paraspin Impex Private Limited

Trading acrylic and dyes fiber yarn since 2014 in Ludhiana, Punjab.

2014 | Ludhiana, Punjab (India) | Active
Last Updated: July 08, 2024

Paraspin Impex Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 1.30 M
  • Company Age 10 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 50.65%
  • Profit Growth -49.60%
  • Ebitda 62.29%
  • Net Worth 0.26%
  • Total Assets 2.91%

About Paraspin Impex

Paraspin Impex Private Limited (PIPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 September 2014 and has a history of Ten years and five months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Home & Lifestyle 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 6.00 M and a paid-up capital of Rs 1.30 M, as per Ministry of Corporate Affairs (MCA) records.

Kumkum Arora and Puneet Arora serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17290PB2014PTC038878

  • Company No.

    038878

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

Who are the key members and board of directors at Paraspin Impex?

Board Members (2)

Name Designation Appointment Date Status
Kumkum Arora Country flag representing In Director 01-Sep-2014 Current
Puneet Arora Country flag representing In Director 01-Sep-2014 Current

Financial Performance of Paraspin Impex.

Paraspin Impex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.65% increase. The company also saw a substantial fall in profitability, with a 49.6% decrease in profit. The company's net worth moved up by a moderate rise of 0.26%.

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
50.65%
Revenue from Operations
50.65%
Total Assets
2.91%
Profit or Loss
-49.60%
Net Worth
0.26%
EBITDA
62.29%

What is the Ownership and Shareholding Structure of Paraspin Impex?

In 2023, Paraspin Impex had a promoter holding of 76.92% and a public holding of 23.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Paraspin Impex?

Unlock and access historical data on people associated with Paraspin Impex, 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 Paraspin Impex, 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 Paraspin Impex'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 Paraspin Impex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Paraspin Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Kumkum Arora was appointed as a Director was appointed as a Director on 01 Sep 2014 & has been associated with this company since 10 years 5 months .

    01 Sep 2014

  • Director Appointment

    Puneet Arora was appointed as a Director was appointed as a Director on 01 Sep 2014 & has been associated with this company since 10 years 5 months .

    01 Sep 2014

  • Company Incorporation

    Paraspin Impex Private Limited was registered on 01 Sep 2014 with Roc Chandigarh & aged 10 years 5 months as per MCA records.

    01 Sep 2014

Frequently asked questions

  • Paraspin Impex Private Limited was incorporated on 01 Sep 2014.

  • The authorized share capital of Paraspin Impex Private Limited is ₹ 6.00 M and paid-up capital is ₹ 1.30 M.

  • Currently 2 directors are associated with Paraspin Impex Private Limited.

    • Kumkum Arora
    • Puneet Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paraspin Impex Private Limited is H.No. B-30-3804 Street No. 6 Hargobindpura Near Truck Union, Ludhiana, Punjab, India, 141010.

  • The corporate identification number (CIN) of Paraspin Impex Private Limited is U17290PB2014PTC038878 and the company number is 038878 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paraspin Impex Private Limited has risen by 50.65%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paraspin Impex Private Limited has experienced an upsurge of 0.26%.

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