Parekh Timber Private Limited

Timber trading and processing company with a focus on import and export.

1998 | Kachchh, Gujarat (India) | Active
Last Updated: November 16, 2024

Parekh Timber Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 27 Year, 17 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.14 Cr
  • Satisfied Charges ₹ 6.50 Cr
  • Revenue Growth -12.17%
  • Profit Growth -27.78%
  • Ebitda 0.24%
  • Net Worth 9.92%
  • Total Assets 31.79%

About Parekh Timber

Parekh Timber Private Limited (PTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 January 1998 and has a history of 27 years. Its registered office is in Kachchh, Gujarat, India.

The Company is engaged in the Trading 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 7.50 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹11.14 Cr. The company has closed loans amounting to ₹6.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitesh Parekh and Chandan Parekh serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U20299GJ1998PTC033608

  • Company No.

    033608

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jan 1998

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Trading

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

Board Members (2)

Name Designation Appointment Date Status
Nitesh Parekh Country flag representing In Whole-Time Director 15-Sep-2003 Current
Chandan Parekh Country flag representing In Whole-Time Director 27-Jul-1998 Current

Financial Performance of Parekh Timber.

Parekh Timber Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.17% decrease. The company also saw a substantial fall in profitability, with a 27.78% decrease in profit. The company's net worth moved up by a moderate rise of 9.92%.

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
-12.17%
Revenue from Operations
-12.23%
Total Assets
31.79%
Profit or Loss
-27.78%
Net Worth
9.92%
EBITDA
0.24%

What is the Ownership and Shareholding Structure of Parekh Timber?

In 2023, Parekh Timber 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

₹111.41 M

Satisfied Charges

₹65.00 M

Charges Breakdown by Lending Institutions

  • Others : 10.79 Cr
  • Sidbi : 0.35 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2023 Sidbi ₹3.50 M Open
28 Dec 2015 Others ₹10.79 Cr Open
23 Jul 2002 Oriental Bank Of Commerce ₹6.50 Cr Satisfied

How Many Employees Work at Parekh Timber?

Unlock and access historical data on people associated with Parekh Timber, 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 Parekh Timber, 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 Timber'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 Timber

Recent activity within the organization

  • Annual General Meeting

    Parekh Timber Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 3.50 M with Charge ID 100828088 was registered on 12 Dec 2023.

    12 Dec 2023

  • Charges

    A charge with Others of Rs. 107.91 M registered on 28 Dec 2015 with Charge ID 100023992 was modified on 05 Aug 2023.

    05 Aug 2023

  • Charges

    A charge registered on 23 Jul 2002 via Charge ID 90105179 with Oriental Bank Of Commerce was fully satisfied on 31 Dec 2015.

    31 Dec 2015

  • Charges

    A charge with Others amounted to Rs. 107.91 M with Charge ID 100023992 was registered on 28 Dec 2015.

    28 Dec 2015

Frequently asked questions

  • Parekh Timber Private Limited was incorporated on 27 Jan 1998.

  • The authorized share capital of Parekh Timber Private Limited is ₹ 7.50 M and paid-up capital is ₹ 3.50 M.

  • Currently 2 directors are associated with Parekh Timber Private Limited.

    • Nitesh Kumar Parekh
    • Chandan Mal Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parekh Timber Private Limited is 13 First Floor Ozas Complexplot -69 Sec-9 National Highway Gandhidham India, Kutch, Gujarat, 370201.

  • The corporate identification number (CIN) of Parekh Timber Private Limited is U20299GJ1998PTC033608 and the company number is 033608 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parekh Timber Private Limited has fallen by -12.17%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parekh Timber Private Limited has experienced an upsurge of 9.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parekh Timber Private Limited amount to ₹ 11.14 Cr.

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

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