Park Avenue Engineering Limited

Investment company specializing in iron and steel production, founded in 1985 in Mumbai.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: December 26, 2024

Park Avenue Engineering Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.88 Cr
  • Company Age 39 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -10.93%
  • Profit Growth -11.45%
  • Ebitda -67.07%
  • Net Worth -0.63%
  • Total Assets -0.57%

About Park Avenue Engineering

Park Avenue Engineering Limited (PAEL) is a Public Limited Indian Non-Government Company incorporated in India on 13 March 1985 and has a history of 39 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 4.88 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gangaprasad Loyalka, Binod Maheswari, and Ramswarup Jalan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH1985PLC035603

  • Company No.

    035603

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1985

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Park Avenue Engineering?

Board Members (3)

Name Designation Appointment Date Status
Gangaprasad Loyalka Country flag representing In Director 17-Jun-1992 Current
Binod Maheswari Country flag representing In Director 30-Jul-1992 Current
Ramswarup Jalan Country flag representing In Director 11-May-2018 Current

Financial Performance of Park Avenue Engineering.

Park Avenue Engineering Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 10.93% decrease. The company also saw a substantial fall in profitability, with a 11.45% decrease in profit. The company's net worth dipped by a decrease of 0.63%.

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
-10.93%
Revenue from Operations
-61.21%
Total Assets
-0.57%
Profit or Loss
-11.45%
Net Worth
-0.63%
EBITDA
-67.07%

What is the Ownership and Shareholding Structure of Park Avenue Engineering?

In 2021, Park Avenue Engineering had a promoter holding of 44.11% and a public holding of 55.89%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Park Avenue Engineering?

Unlock and access historical data on people associated with Park Avenue Engineering, 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 Park Avenue Engineering, 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 Park Avenue Engineering'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 Park Avenue Engineering

Recent activity within the organization

  • Annual General Meeting

    Park Avenue Engineering Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Park Avenue Engineering Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Ramswarup Srikrishnan Jalan was appointed as a Director was appointed as a Director on 11 May 2018 & has been associated with this company since 6 years 8 months .

    11 May 2018

  • Director Appointment

    Binod Kumar Maheswari was appointed as a Director was appointed as a Director on 30 Jul 1992 & has been associated with this company since 32 years 6 months .

    30 Jul 1992

  • Director Appointment

    Gangaprasad Murlidhar Loyalka was appointed as a Director was appointed as a Director on 17 Jun 1992 & has been associated with this company since 32 years 7 months .

    17 Jun 1992

  • Company Incorporation

    Park Avenue Engineering Limited was registered on 13 Mar 1985 with Roc Mumbai & aged 39 years 10 months as per MCA records.

    13 Mar 1985

Frequently asked questions

  • Park Avenue Engineering Limited was incorporated on 13 Mar 1985.

  • The authorized share capital of Park Avenue Engineering Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.88 Cr.

  • Currently 3 directors are associated with Park Avenue Engineering Limited.

    • Gangaprasad Murlidhar Loyalka
    • Binod Kumar Maheswari
    • Ramswarup Srikrishnan Jalan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Park Avenue Engineering Limited is 29 Bank Street1St Floor Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Park Avenue Engineering Limited is U27200MH1985PLC035603 and the company number is 035603 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Park Avenue Engineering Limited has fallen by -10.93%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Park Avenue Engineering Limited has experienced an downturn of -0.63%.

  • The most recent Balance Sheet for Park Avenue Engineering Limited was filed with the ROC on 31 Mar 2024.

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