Pare Innovations Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.00 Cr
- Company Age 5 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.00 Cr
- Revenue Growth 236.66%
- Profit Growth 329.97%
- Ebitda 497.34%
- Net Worth 158.37%
- Total Assets 180.41%
About Pare Innovations
Pare Innovations Private Limited (PIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 17 March 2020 (Five years and two months 7 days old ). Its registered office is in Thane, Maharashtra, India.
The Company is engaged in the Manufacturing 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 4.00 Cr.
The company currently has active open charges totaling ₹7.00 Cr.
Bipin Parmar and Parth Parmar serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36998MH2020PTC338924
- Company No.
338924
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2020
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Pare Innovations Private Limited offer?
Pare Innovations Private Limited offers a wide range of products and services, including Building Panels & Cladding Materials, Wall & Roof Panels.
Pare Innovations Private Limited
Explore comprehensive data for Pare Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Pare Innovations?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bipin Parmar  | Director | 17-Mar-2020 | Current |
| Parth Parmar | Director | 17-Mar-2020 | Current |
Financial Performance of Pare Innovations.
Pare Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 236.66% increase. The company also saw a substantial improvement in profitability, with a 329.97% increase in profit. The company's net worth Soared by an impressive increase of 158.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Pare Innovations?
In 2023, Pare Innovations had a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sri Sumeru Enterprises Llp
Bipin Parmar is a mutual person
- Parmaarth International Trading Private Limited
Bipin Parmar is a mutual person
Charges (Loans)
Open Charges
₹7.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 7.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2023 | Others | ₹7.00 Cr | Open |
How Many Employees Work at Pare Innovations?
Pare Innovations has a workforce of 23 employees as of Apr 02, 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 Pare Innovations, 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 Pare Innovations'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.
Latest Updates, News, and FAQs on Pare Innovations
Recent activity within the organization
- Annual General Meeting
Pare Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Pare Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 100708480 was registered on 16 Mar 2023.
- Director Appointment
Bipin Parmar was appointed as a Director was appointed as a Director on 17 Mar 2020 & has been associated with this company since 5 years 2 months .
- Director Appointment
Parth Parmar was appointed as a Director was appointed as a Director on 17 Mar 2020 & has been associated with this company since 5 years 2 months .
- Company Incorporation
Pare Innovations Private Limited was registered on 17 Mar 2020 with Roc Mumbai & aged 5 years 2 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Pare Innovations Private Limited?
Pare Innovations Private Limited was incorporated on 17 Mar 2020.
What is authorized share capital and paid-up capital of Pare Innovations Private Limited?
The authorized share capital of Pare Innovations Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.00 Cr.
Who are the current board members & directors of Pare Innovations Private Limited?
Currently 2 directors are associated with Pare Innovations Private Limited.
- Bipin Parmar
- Parth Parmar
What is the registered address of Pare Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Pare Innovations Private Limited is Jai Commercial Complex Opp. Cadbury Co. 1St Floor Gala No.101/102/103 Khopat, India, Thane, Maharashtra, 400601.
What is the corporate identification number (CIN) and company number of Pare Innovations Private Limited?
The corporate identification number (CIN) of Pare Innovations Private Limited is U36998MH2020PTC338924 and the company number is 338924 as per Ministry of Corporate Affairs (MCA).
What is the official website of Pare Innovations Private Limited?
The Official website of Pare Innovations Private Limited is https://www.pareindia.com
What has been the recent revenue trend for Pare Innovations Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Pare Innovations Private Limited has risen by 236.66%.
How many employees does Pare Innovations Private Limited currently have?
As Per 2023 financial reports, 23 employees are currently employed by Pare Innovations Private Limited.
What change has been observed in the net worth of Pare Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Pare Innovations Private Limited has experienced an upsurge of 158.37%.
What are the total open charges for Pare Innovations Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Pare Innovations Private Limited amount to ₹ 7.00 Cr.
When was the last Balance Sheet of Pare Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Pare Innovations Private Limited was filed with the ROC on 31 Mar 2023.
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