Parmar Metals Private Limited

Manufacturer of metal sheets, cable trays, and structures for various industries and clients.

1994 | Rajkot, Gujarat (India) | Active
Last Updated: December 03, 2024

Parmar Metals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.22 Cr
  • Satisfied Charges ₹ 10.20 Cr
  • Revenue Growth 35.45%
  • Profit Growth -26.13%
  • Ebitda 84.89%
  • Net Worth 3.72%
  • Total Assets -3.49%

About Parmar Metals

Parmar Metals Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 July 1994 and has a history of 30 years and six months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹6.22 Cr. The company has closed loans amounting to ₹10.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jayantilal Parmar, Chetankumar Parmar, Kiritkumar Parmar, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1994PTC022503

  • Company No.

    022503

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Parmar Metals Private Limited offer?

Parmar Metals Private Limited offers a wide range of products and services, including Antennas, Wifi & Communication Tower, Communication Towers, Brackets, Angle Brackets, Cable Trays, Ladder Cable Trays, Electrical Conduits and Fittings, Copper & Brass Products, Brass Components, Electrical Cable Tray.

Who are the key members and board of directors at Parmar Metals?

Board Members (4)

Name Designation Appointment Date Status
Jayantilal Parmar Country flag representing In Director 15-Jul-1994 Current
Chetankumar Parmar Country flag representing In Director 01-Sep-1995 Current
Kiritkumar Parmar Country flag representing In Director 15-Jul-1994 Current
Ketan Parmar Country flag representing In Director 01-Sep-1995 Current

Financial Performance of Parmar Metals.

Parmar Metals Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 35.45% increase. The company also saw a substantial fall in profitability, with a 26.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.72%.

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
35.45%
Revenue from Operations
36.96%
Total Assets
-3.49%
Profit or Loss
-26.13%
Net Worth
3.72%
EBITDA
84.89%

What is the Ownership and Shareholding Structure of Parmar Metals?

Unlock access to Parmar Metals's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹62.23 M

Satisfied Charges

₹101.96 M

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 5.72 Cr
  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
13 Jan 2022 Hdfc Bank Limited ₹5.00 M Open
29 Sep 2021 Yes Bank Limited ₹5.72 Cr Open
28 Jul 2015 Hdfc Bank Limited ₹6.45 Cr Satisfied
07 Dec 2004 The Karur Vysya Bank Limited ₹3.75 Cr Satisfied

How Many Employees Work at Parmar Metals?

Parmar Metals has a workforce of 7 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parmar Metals, 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 Parmar Metals'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 Parmar Metals

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Parmar Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100526686 was registered on 13 Jan 2022.

    13 Jan 2022

  • Charges

    A charge with Yes Bank Limited of Rs. 57.23 M registered on 29 Sep 2021 with Charge ID 100489795 was modified on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge registered on 28 Jul 2015 via Charge ID 10585456 with Hdfc Bank Limited was fully satisfied on 30 Dec 2021.

    30 Dec 2021

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 57.23 M with Charge ID 100489795 was registered on 29 Sep 2021.

    29 Sep 2021

Frequently asked questions

  • Parmar Metals Private Limited was incorporated on 15 Jul 1994.

  • The authorized share capital of Parmar Metals Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 4 directors are associated with Parmar Metals Private Limited.

    • Jayantilal Vithalbhai Parmar
    • Chetankumar Jayantilal Parmar
    • Kiritkumar Jayantilal Parmar
    • Ketan Jayantilal Parmar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parmar Metals Private Limited is 29, A/8 Bhuktinagar Industrial Estate India, Rajkot, Gujarat, 360002.

  • The corporate identification number (CIN) of Parmar Metals Private Limited is U27109GJ1994PTC022503 and the company number is 022503 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parmar Metals Private Limited is https://www.parmarmetal.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parmar Metals Private Limited has risen by 35.45%.

  • As Per 2022 financial reports, 7 employees are currently employed by Parmar Metals Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parmar Metals Private Limited has experienced an upsurge of 3.72%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parmar Metals Private Limited amount to ₹ 6.22 Cr.

  • The most recent Balance Sheet for Parmar Metals Private Limited was filed with the ROC on 31 Mar 2024.