Parin Enterprises Limited

Founded in 2006 and headquartered in Gujarat, India.

2006 | Rajkot, Gujarat (India) | Active
Last Updated:

Parin Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 12.50 Cr
  • Paid Up Capital ₹ 11.12 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 61.11 Cr
  • Satisfied Charges ₹ 87.52 Cr
  • Revenue Growth 6.25%
  • Profit Growth -8.26%
  • Ebitda 3.07%
  • Net Worth 5.83%
  • Total Assets 33.19%

About Parin Enterprises

Parin Enterprises Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 2006 and has a history of 18 years and six months. Its registered office is in Rajkot, Gujarat, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol PARIN.

The Corporate was formerly known as Parin Furniture Private Limited. 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 12.50 Cr and a paid-up capital of Rs 11.12 Cr.

The company currently has active open charges totaling ₹61.11 Cr. The company has closed loans amounting to ₹87.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Parin Enterprises Limited India are Binika Chudasama as COMPANY SECRETARY and Alpa Jogi as Cfo. Umesh Nandani, Parin Nandani, Deven Nandani, and Three 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

    L36101GJ2006PLC049074

  • Company No.

    049074

  • Stock Symbol

    NSE : PARIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 2006

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Parin Enterprises Limited offer?

Parin Enterprises Limited offers a wide range of products and services, including Hospital and Medical Furniture, Hospital Bed and Mattress, Center Tables, Designer Center Table, Wooden Dining Table & Chair, Wooden Dining Table, Office Furniture, Office Chairs, Cabinet Furniture, Storage Cabinets.

Who are the key members and board of directors at Parin Enterprises?

Executive Team (3)

NameDesignationAppointment DateStatus
Umesh Nandani Country flag representing In Managing Director12-Sep-2006Current
Binika Chudasama Company Secretary03-Apr-2021Current
Alpa Jogi CFO01-Jan-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Parin Nandani Country flag representing In Whole-Time Director 03-Mar-2018Current
Deven Nandani Country flag representing In Director 27-Jul-2016Current
Pranav Manek Country flag representing In Director 18-Apr-2023Current
Shweta Kathrani Country flag representing In Director 19-Apr-2018Current
Dayalal Kesharia Country flag representing In Director 19-Apr-2018Current

Financial Performance of Parin Enterprises.

Parin Furniture Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.25% increase. The company also saw a slight decrease in profitability, with a 8.26% decrease in profit. The company's net worth moved up by a moderate rise of 5.83%.

Parin Enterprises revenue growth over time
Parin Enterprises 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
6.25%
Revenue from Operations
7.23%
Total Assets
33.19%
Profit or Loss
-8.26%
Net Worth
5.83%
EBITDA
3.07%

What is the Ownership and Shareholding Structure of Parin Enterprises?

In 2023, Parin Enterprises had a promoter holding of 73.01% and a public holding of 26.98%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹61.11 Cr

Satisfied Charges

₹87.52 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 49.59 Cr
  • State Bank Of India : 10.37 Cr
  • Hdfc Bank Limited : 1.15 Cr

Latest Charge Details

DateLenderAmountStatus
20 Feb 2024Axis Bank Limited₹49.59 CrOpen
01 Jun 2023Hdfc Bank Limited₹8.00 MOpen
08 May 2023Hdfc Bank Limited₹3.52 MOpen
30 Apr 2020State Bank Of India₹10.37 CrOpen
07 Sep 2022Others₹45.64 CrSatisfied

How Many Employees Work at Parin Enterprises?

Parin Enterprises has a workforce of 183 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.

Employee growth trends for Parin Enterprises Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parin Enterprises, 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 Parin Enterprises'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 Parin Enterprises

Recent activity within the organization

  • Annual General Meeting

    Parin Enterprises Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Parin Enterprises Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 07 Sep 2022 via Charge ID 100603692 with Others was fully satisfied on 27 Mar 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 49.59 Cr with Charge ID 100876838 was registered on 20 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 100735272 was registered on 01 Jun 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100713661 was registered on 08 May 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Parin Enterprises Limited?

    Parin Enterprises Limited was incorporated on 12 Sep 2006.

  • What is authorized share capital and paid-up capital of Parin Enterprises Limited?

    The authorized share capital of Parin Enterprises Limited is ₹ 12.50 Cr and paid-up capital is ₹ 11.12 Cr.

  • Who are the current board members & directors of Parin Enterprises Limited?

    Currently 8 directors are associated with Parin Enterprises Limited.

    • Umesh Dhirajlal Nandani
    • Parin Umeshbhai Nandani
    • Deven Dipesh Nandani
    • Binika Jalpesh Chudasama
    • Alpa Vasantbhai Jogi
    • Pranav Vinodkumar Manek
    • Shweta Chirag Kathrani
    • Dayalal Harjivanbhai Kesharia

  • What is the registered address of Parin Enterprises Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parin Enterprises Limited is Plot No. 1 2 3 Rs 33 8-B National Highway Village- Bilayala Taluka-, District- Rajkot India, Gondal, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Parin Enterprises Limited?

    The corporate identification number (CIN) of Parin Enterprises Limited is L36101GJ2006PLC049074 and the company number is 049074 as per Ministry of Corporate Affairs (MCA).

  • Is Parin Enterprises Limited registered with any stock exchange in India?

    Yes, Parin Enterprises Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Parin Enterprises Limited?

    The Official website of Parin Enterprises Limited is https://www.parinfurniture.com

  • What has been the recent revenue trend for Parin Enterprises Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Parin Enterprises Limited has risen by 6.25%.

  • How many employees does Parin Enterprises Limited currently have?

    As Per 2023 financial reports, 183 employees are currently employed by Parin Enterprises Limited.

  • What change has been observed in the net worth of Parin Enterprises Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Parin Enterprises Limited has experienced an upsurge of 5.83%.

  • What are the total open charges for Parin Enterprises Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Parin Enterprises Limited amount to ₹ 61.11 Cr.

  • When was the last Balance Sheet of Parin Enterprises Limited filed with the ROC?

    The most recent Balance Sheet for Parin Enterprises Limited was filed with the ROC on 31 Mar 2024.

People also Viewed