Parin Enterprises Profile
Key Indicators
- Authorised Capital ₹ 12.50 Cr
- Paid Up Capital ₹ 11.12 Cr
- Company Age 18 Year, 4 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 four 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.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L36101GJ2006PLC049074
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Company No.
049074
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Stock Symbol
NSE : PARIN
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
12 Sep 2006
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Date of AGM
09 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Umesh Nandani
|
Managing Director | 12-Sep-2006 | Current |
| Binika Chudasama | Company Secretary | 03-Apr-2021 | Current |
| Alpa Jogi | CFO | 01-Jan-2020 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Parin Nandani
|
Whole-Time Director | 03-Mar-2018 | Current |
|
Deven Nandani
|
Director | 27-Jul-2016 | Current |
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Pranav Manek
|
Director | 18-Apr-2023 | Current |
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Shweta Kathrani
|
Director | 19-Apr-2018 | Current |
|
Dayalal Kesharia
|
Director | 19-Apr-2018 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Pearl Furniture Private LimitedUmesh Nandani, Parin Nandani and 1 more are mutual person
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Sadguru Lok Kalyan FoundationUmesh Nandani is a mutual person
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Umerin Global Private Limited
Parin Nandani and Deven Nandani are mutual person
Charges (Loans)
₹61.11 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2024 | Axis Bank Limited | ₹49.59 Cr | Open |
| 01 Jun 2023 | Hdfc Bank Limited | ₹8.00 M | Open |
| 08 May 2023 | Hdfc Bank Limited | ₹3.52 M | Open |
| 30 Apr 2020 | State Bank Of India | ₹10.37 Cr | Open |
| 07 Sep 2022 | Others | ₹45.64 Cr | Satisfied |
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.
Deals i
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
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.
