Paresh Tea Company Private Limited

Tea processing company with a variety of products under the brand 'Neelam'.

2003 | Rajkot, Gujarat (India) | Active
Last Updated:

Paresh Tea Company Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.40 Cr
  • Satisfied Charges ₹ 7.79 Cr
  • Revenue Growth 2.18%
  • Profit Growth 37.26%
  • Ebitda 31.81%
  • Net Worth 27.84%
  • Total Assets 71.72%

About Paresh Tea Company

Paresh Tea Company Private Limited (PTCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 2003 and has a history of 21 years and nine months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Agriculture 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹36.40 Cr. The company has closed loans amounting to ₹7.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ishan Davda, Kuldeep Davda, Semalbhai Davda, and Four other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01132GJ2003PTC042614

  • Company No.

    042614

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Paresh Tea Company Private Limited offer?

Paresh Tea Company Private Limited offers a wide range of products and services, including Medical Laboratory Instruments, Rapid Test Kit.

Company report

Paresh Tea Company Private Limited

Explore comprehensive data for Paresh Tea Company Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Paresh Tea Company?

Board Members (7)

NameDesignationAppointment DateStatus
Semalbhai Davda Country flag representing In Director 01-Aug-2020Current
Ishan Davda Country flag representing In Director 01-Aug-2020Current
Kuldeep Davda Country flag representing In Director 01-Aug-2020Current
Ankish Davda Country flag representing In Director 24-Apr-2012Current
Rajesh Davda Country flag representing In Director 14-Jul-2003Current
Paresh Davda Country flag representing In Director 14-Jul-2003Current

Financial Performance of Paresh Tea Company.

Paresh Tea Company Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.18% increase. The company also saw a substantial improvement in profitability, with a 37.26% increase in profit. The company's net worth Soared by an impressive increase of 27.84%.

Paresh Tea Company revenue growth over time
Paresh Tea Company 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
2.18%
Revenue from Operations
2.18%
Total Assets
71.72%
Profit or Loss
37.26%
Net Worth
27.84%
EBITDA
31.81%

What is the Ownership and Shareholding Structure of Paresh Tea Company?

In 2022, Paresh Tea Company 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

₹36.40 Cr

Satisfied Charges

₹7.79 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 24.40 Cr
  • Standard Chartered Bank : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2022Hdfc Bank Limited₹4.51 MOpen
27 Oct 2021Hdfc Bank Limited₹0.50 MOpen
02 Aug 2021Standard Chartered Bank₹12.00 CrOpen
31 Aug 2015Hdfc Bank Limited₹23.90 CrOpen
23 Oct 2009Bank Of India₹5.46 CrSatisfied

How Many Employees Work at Paresh Tea Company?

Paresh Tea Company has a workforce of 69 employees as of Apr 08, 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 Paresh Tea Company Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paresh Tea Company, 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 Paresh Tea Company'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 Paresh Tea Company

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 12.00 Cr registered on 02 Aug 2021 with Charge ID 100467063 was modified on 21 Jan 2025.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 23.90 Cr registered on 31 Aug 2015 with Charge ID 10592931 was modified on 21 Oct 2024.

  • Annual General Meeting

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

  • Balance Sheet

    Paresh Tea Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100873620 was registered on 28 Jun 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.05 Cr with Charge ID 100509115 was registered on 27 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Paresh Tea Company Private Limited?

    Paresh Tea Company Private Limited was incorporated on 14 Jul 2003.

  • What is authorized share capital and paid-up capital of Paresh Tea Company Private Limited?

    The authorized share capital of Paresh Tea Company Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Paresh Tea Company Private Limited?

    Currently 7 directors are associated with Paresh Tea Company Private Limited.

    • Ishan Rajeshbhai Davda
    • Kuldeep Pareshkumar Davda
    • Semalbhai Jayeshbhai Davda
    • Ankish Pareshbhai Davda
    • Rajesh Dinkarrai Davda
    • Paresh Dinkarrai Davda
    • Jayesh Dinkarrai Davda

  • What is the registered address of Paresh Tea Company Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paresh Tea Company Private Limited is Opp.Sagar Foundary G-1303 Kismat Hotel Village:, Taluka:Lodhika India, Metoda, Gujarat, 360035.

  • What is the corporate identification number (CIN) and company number of Paresh Tea Company Private Limited?

    The corporate identification number (CIN) of Paresh Tea Company Private Limited is U01132GJ2003PTC042614 and the company number is 042614 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paresh Tea Company Private Limited?

    The Official website of Paresh Tea Company Private Limited is https://www.neelamtea.in

  • What has been the recent revenue trend for Paresh Tea Company Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paresh Tea Company Private Limited has risen by 2.18%.

  • How many employees does Paresh Tea Company Private Limited currently have?

    As Per 2023 financial reports, 69 employees are currently employed by Paresh Tea Company Private Limited.

  • What change has been observed in the net worth of Paresh Tea Company Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paresh Tea Company Private Limited has experienced an upsurge of 27.84%.

  • What are the total open charges for Paresh Tea Company Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paresh Tea Company Private Limited amount to ₹ 36.40 Cr.

  • When was the last Balance Sheet of Paresh Tea Company Private Limited filed with the ROC?

    The most recent Balance Sheet for Paresh Tea Company Private Limited was filed with the ROC on 31 Mar 2024.

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