Parekh Gadgets Private Limited

Distributor and stockist of electronic devices, partnered with logistics company and added new products.

2015 | Nagpur, Maharashtra (India) | Active
Last Updated:

Parekh Gadgets Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 3.75 Cr
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 144.18 Cr
  • Satisfied Charges ₹ 37.18 Cr
  • Revenue Growth -6.97%
  • Profit Growth -0.52%
  • Ebitda 1.14%
  • Net Worth 65.63%
  • Total Assets 25.74%

About Parekh Gadgets

Parekh Gadgets Private Limited (PGPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 July 2015 (Nine years and seven months 28 days old ). Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 8.00 Cr and a paid-up capital of Rs 3.75 Cr.

The company currently has active open charges totaling ₹144.18 Cr. The company has closed loans amounting to ₹37.18 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohammed Parekh, Tariq Parekh, and Zulkifl Parekh serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2015PTC266772

  • Company No.

    266772

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Jul 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Chemicals and Materials

What products or services does Parekh Gadgets Private Limited offer?

Parekh Gadgets Private Limited offers a wide range of products and services, including Perfume and Fragrances, Perfumes.

Company report

Parekh Gadgets Private Limited

Explore comprehensive data for Parekh Gadgets Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Parekh Gadgets?

Board Members (3)

NameDesignationAppointment DateStatus
Mohammed Parekh Country flag representing In Director 22-Jul-2015Current
Tariq Parekh Country flag representing In Director 22-Jul-2015Current
Zulkifl Parekh Country flag representing In Director 22-Jul-2015Current

Financial Performance of Parekh Gadgets.

Parekh Gadgets Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 6.97% decrease. The company also saw a slight decrease in profitability, with a 0.52% decrease in profit. The company's net worth Soared by an impressive increase of 65.63%.

Parekh Gadgets revenue growth over time
Parekh Gadgets 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
-6.97%
Revenue from Operations
-6.96%
Total Assets
25.74%
Profit or Loss
-0.52%
Net Worth
65.63%
EBITDA
1.14%

What is the Ownership and Shareholding Structure of Parekh Gadgets?

In 2020, Parekh Gadgets had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹144.18 Cr

Satisfied Charges

₹37.18 Cr

Charges Breakdown by Lending Institutions

  • Others : 58.29 Cr
  • Axis Bank Limited : 43.59 Cr
  • Hdfc Bank Limited : 42.30 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2024Others₹3.60 CrOpen
30 Oct 2024Others₹33.59 CrOpen
23 Feb 2024Hdfc Bank Limited₹37.19 CrOpen
31 Jul 2023Axis Bank Limited₹10.00 CrOpen
28 Dec 2022Axis Bank Limited₹33.59 CrOpen

How Many Employees Work at Parekh Gadgets?

Parekh Gadgets has a workforce of 10 employees as of Apr 09, 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 Parekh Gadgets Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parekh Gadgets, 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 Parekh Gadgets'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 Parekh Gadgets

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 3.60 Cr with Charge ID 101002014 was registered on 30 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 33.59 Cr with Charge ID 101002015 was registered on 30 Oct 2024.

  • Annual General Meeting

    Parekh Gadgets Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 31 May 2021 via Charge ID 100447395 with Others was fully satisfied on 29 Apr 2024.

  • Balance Sheet

    Parekh Gadgets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 37.19 Cr with Charge ID 100880587 was registered on 23 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Parekh Gadgets Private Limited?

    Parekh Gadgets Private Limited was incorporated on 22 Jul 2015.

  • What is authorized share capital and paid-up capital of Parekh Gadgets Private Limited?

    The authorized share capital of Parekh Gadgets Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 3.75 Cr.

  • Who are the current board members & directors of Parekh Gadgets Private Limited?

    Currently 3 directors are associated with Parekh Gadgets Private Limited.

    • Mohammed Abdul Rauf Parekh
    • Tariq Rauf Parekh
    • Zulkifl Rauf Parekh
  • What is the registered address of Parekh Gadgets Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Gadgets Private Limited is Showroom No. 1 2 Plot 70 71 Bhumi Arcade Lakhadganj, India, Nagpur, Maharashtra, 440008.

  • What is the corporate identification number (CIN) and company number of Parekh Gadgets Private Limited?

    The corporate identification number (CIN) of Parekh Gadgets Private Limited is U74999MH2015PTC266772 and the company number is 266772 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Parekh Gadgets Private Limited?

    The Official website of Parekh Gadgets Private Limited is https://www.parekhgroup.org

  • What has been the recent revenue trend for Parekh Gadgets Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Parekh Gadgets Private Limited has fallen by -6.97%.

  • How many employees does Parekh Gadgets Private Limited currently have?

    As Per 2021 financial reports, 10 employees are currently employed by Parekh Gadgets Private Limited.

  • What change has been observed in the net worth of Parekh Gadgets Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Parekh Gadgets Private Limited has experienced an upsurge of 65.63%.

  • What are the total open charges for Parekh Gadgets Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Parekh Gadgets Private Limited amount to ₹ 144.18 Cr.

  • When was the last Balance Sheet of Parekh Gadgets Private Limited filed with the ROC?

    The most recent Balance Sheet for Parekh Gadgets Private Limited was filed with the ROC on 31 Mar 2024.

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