Parmeshwar Alloys Private Limited

Manufacturer of aluminium alloy ingots and shots, established in 2018 in Gujarat.

2018 | Dehgam, Gujarat (India) | Active
Last Updated: June 14, 2024

Parmeshwar Alloys Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.50 Cr
  • Company Age 7 Year, 3 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.48 Cr
  • Satisfied Charges ₹ 14.30 Cr
  • Revenue Growth -29.68%
  • Profit Growth -85.89%
  • Ebitda -127.70%
  • Net Worth 5.63%
  • Total Assets 2.53%

About Parmeshwar Alloys

Parmeshwar Alloys Private Limited (PAPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 February 2018 (Seven years 3 days old ). Its registered office is in Dehgam, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.50 Cr.

The company currently has active open charges totaling ₹30.48 Cr. The company has closed loans amounting to ₹14.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bherulal Chandak, Nikhil Shah, Suchitkumar Patel, and Two other members serve as directors at the Company.

Company Details

  • Location

    Dehgam, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parmeshwaralloys.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999GJ2018PTC100814

  • Company No.

    100814

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Parmeshwar Alloys?

Board Members (5)

Name Designation Appointment Date Status
Nikhil Goyal Country flag representing In Director 08-Oct-2020 Current
Bherulal Chandak Country flag representing In Director 11-May-2021 Current
Nikhil Shah Country flag representing In Director 12-Feb-2018 Current
Suchitkumar Patel Country flag representing In Director 12-Feb-2018 Current
Balkrushn Shah Country flag representing In Director 12-Feb-2018 Current

Financial Performance of Parmeshwar Alloys.

Parmeshwar Alloys Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.68% decrease. The company also saw a substantial fall in profitability, with a 85.89% decrease in profit. The company's net worth moved up by a moderate rise of 5.63%.

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
-29.68%
Revenue from Operations
-29.78%
Total Assets
2.53%
Profit or Loss
-85.89%
Net Worth
5.63%
EBITDA
-127.70%

What is the Ownership and Shareholding Structure of Parmeshwar Alloys?

In 2023, Parmeshwar Alloys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹30.48 Cr

Satisfied Charges

₹14.30 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 30.48 Cr

Latest Charge Details

Date Lender Amount Status
06 Apr 2021 Axis Bank Limited ₹15.24 Cr Open
28 Jan 2021 Axis Bank Limited ₹15.24 Cr Open
14 Aug 2018 State Bank Of India ₹7.15 Cr Satisfied
14 Aug 2018 State Bank Of India ₹7.15 Cr Satisfied

How Many Employees Work at Parmeshwar Alloys?

Parmeshwar Alloys has a workforce of 7 employees as of Apr 03, 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 Parmeshwar Alloys, 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 Parmeshwar Alloys'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 Parmeshwar Alloys

Recent activity within the organization

  • Annual General Meeting

    Parmeshwar Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 15.24 Cr registered on 06 Apr 2021 with Charge ID 100436647 was modified on 30 May 2023.

    30 May 2023

  • Balance Sheet

    Parmeshwar Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 15.24 Cr registered on 28 Jan 2021 with Charge ID 100420368 was modified on 21 Mar 2023.

    21 Mar 2023

  • Director Appointment

    Bherulal Sunderlal Chandak was appointed as a Director was appointed as a Director on 11 May 2021 & has been associated with this company since 3 years 9 months .

    11 May 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.24 Cr with Charge ID 100436647 was registered on 06 Apr 2021.

    06 Apr 2021

Frequently asked questions

  • Parmeshwar Alloys Private Limited was incorporated on 12 Feb 2018.

  • The authorized share capital of Parmeshwar Alloys Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.50 Cr.

  • Currently 5 directors are associated with Parmeshwar Alloys Private Limited.

    • Bherulal Sunderlal Chandak
    • Nikhil Rajendrakumar Shah
    • Suchitkumar Maheshbhai Patel
    • Nikhil Goyal
    • Balkrushn Kailashchanra Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parmeshwar Alloys Private Limited is Survey No. 1396 Sampa-Lavad Road Village Lavad, Dehgam, Gujarat, India, 382305.

  • The corporate identification number (CIN) of Parmeshwar Alloys Private Limited is U28999GJ2018PTC100814 and the company number is 100814 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parmeshwar Alloys Private Limited is https://www.parmeshwaralloys.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parmeshwar Alloys Private Limited has fallen by -29.68%.

  • As Per 2023 financial reports, 7 employees are currently employed by Parmeshwar Alloys Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parmeshwar Alloys Private Limited has experienced an upsurge of 5.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parmeshwar Alloys Private Limited amount to ₹ 30.48 Cr.

  • The most recent Balance Sheet for Parmeshwar Alloys Private Limited was filed with the ROC on 31 Mar 2023.

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