Parle Products Profile
Key Indicators
- Authorised Capital ₹ 3.73 Cr
- Paid Up Capital ₹ 1.94 Cr
- Company Age 74 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 115.40 Cr
- Satisfied Charges ₹ 11.75 Cr
- Revenue Growth -3.00%
- Profit Growth -2.46%
- Ebitda -1.28%
- Net Worth -2.51%
- Total Assets -1.78%
About Parle Products
Parle Products Private Limited (PPPL) was founded in India on 09 December 1950 and has a glorious history of 74 years and one month. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Parle Products Manufacturing Company Limited. The Company is engaged in the Food And Beverages Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.73 Cr and a paid-up capital of Rs 1.94 Cr.
The company currently has active open charges totaling ₹115.40 Cr. The company has closed loans amounting to ₹11.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Chauhan, Arup Chauhan, Ajay Chauhan, and Two other members 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
U15400MH1950PTC008334
- Company No.
008334
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Dec 1950
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Parle Products Private Limited offer?
Parle Products Private Limited offers a wide range of products and services, including Chocolates, Biscuits & Cookies, Cookies, Bakery & Confectionery Products, Rusk Toast, Biscuit, Salted Biscuits, Parle Biscuit, Krackjack Biscuit.
Who are the key members and board of directors at Parle Products?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Chauhan  | Managing Director | 31-May-1993 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arup Chauhan | Whole-Time Director | 25-Sep-2002 | Current |
| Ajay Chauhan | Whole-Time Director | 12-Jul-1995 | Current |
| Samar Chauhan | Whole-Time Director | 18-Jul-2007 | Current |
| Ambika Aibara | Whole-Time Director | Current |
Financial Performance of Parle Products.
Parle Products Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3% decrease. The company also saw a slight decrease in profitability, with a 2.46% decrease in profit. The company's net worth dipped by a decrease of 2.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parle Products?
In 2023, Parle Products had a promoter holding of 100.00%. The company had 1 Subsidiary and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mohanlal Dayal Charitable FoundationVijay Chauhan, Arup Chauhan and 2 more are mutual person
- Serene Charitable Foundation
Arup Chauhan and Samar Chauhan are mutual person
Providence Philanthropy Advisors (I) LlpAjay Chauhan is a mutual person
- Parle Bio Care Llp
Samar Chauhan is a mutual person
Charges (Loans)
₹115.40 Cr
₹11.75 Cr
Charges Breakdown by Lending Institutions
- Kotak Mahindra Bank Limited : 115.00 Cr
- Bank Of Baroda : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Nov 2008 | Kotak Mahindra Bank Limited | ₹115.00 Cr | Open |
| 27 Jan 1981 | Bank Of Baroda | ₹4.00 M | Open |
| 14 Mar 2012 | Idbi Bank Limited | ₹10.00 Cr | Satisfied |
| 18 Nov 1995 | Corporation Bank | ₹1.75 Cr | Satisfied |
How Many Employees Work at Parle Products?
Parle Products has a workforce of 411 employees as of Sep 11, 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 Parle Products, 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 Parle Products'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.
