Parmeswari Strips Private Limited

Produces basic iron and steel products.

2012 | Cuttack, Orissa (India) | Active
Last Updated: June 15, 2024

Parmeswari Strips Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.44 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.70 Cr
  • Satisfied Charges ₹ 9.07 M
  • Revenue Growth 64.23%
  • Profit Growth 83.21%
  • Ebitda 38.17%
  • Net Worth 26.38%
  • Total Assets 14.38%

About Parmeswari Strips

Parmeswari Strips Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 May 2012 and has a history of 12 years and nine months. Its registered office is in Cuttack, Orissa, 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 12.00 Cr and a paid-up capital of Rs 11.44 Cr.

The company currently has active open charges totaling ₹41.70 Cr. The company has closed loans amounting to ₹9.07 M, as per Ministry of Corporate Affairs (MCA) records.

Kamala Singhi and Praveen Singhi serve as directors at the Company.

Company Details

  • Location

    Cuttack, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109OR2012PTC015394

  • Company No.

    015394

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Metals and Minerals

Who are the key members and board of directors at Parmeswari Strips?

Executive Team (1)

Name Designation Appointment Date Status
Praveen Singhi Country flag representing In Managing Director 16-May-2012 Current

Board Members (1)

Name Designation Appointment Date Status
Kamala Singhi Country flag representing In Director 16-May-2012 Current

Financial Performance of Parmeswari Strips.

Parmeswari Strips Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.23% increase. The company also saw a substantial improvement in profitability, with a 83.21% increase in profit. The company's net worth Soared by an impressive increase of 26.38%.

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
64.23%
Revenue from Operations
64.33%
Total Assets
14.38%
Profit or Loss
83.21%
Net Worth
26.38%
EBITDA
38.17%

What is the Ownership and Shareholding Structure of Parmeswari Strips?

In 2023, Parmeswari Strips 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

₹41.70 Cr

Satisfied Charges

₹0.91 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 41.70 Cr

Latest Charge Details

Date Lender Amount Status
14 May 2013 Canara Bank ₹41.70 Cr Open
16 Jul 2020 Canara Bank ₹9.07 M Satisfied

How Many Employees Work at Parmeswari Strips?

Parmeswari Strips has a workforce of 63 employees as of Mar 28, 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 Parmeswari Strips, 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 Parmeswari Strips'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 Parmeswari Strips

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 41.70 Cr registered on 14 May 2013 with Charge ID 10429609 was modified on 27 Dec 2023.

    27 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Parmeswari Strips Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge registered on 16 Jul 2020 via Charge ID 100360514 with Canara Bank was fully satisfied on 25 Apr 2022.

    25 Apr 2022

  • Charges

    A charge with Canara Bank of Rs. 0.91 Cr registered on 16 Jul 2020 with Charge ID 100360514 was modified on 29 Jun 2021.

    29 Jun 2021

  • Charges

    A charge with Canara Bank amounted to Rs. 0.91 Cr with Charge ID 100360514 was registered on 16 Jul 2020.

    16 Jul 2020

Frequently asked questions

  • Parmeswari Strips Private Limited was incorporated on 16 May 2012.

  • The authorized share capital of Parmeswari Strips Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.44 Cr.

  • Currently 2 directors are associated with Parmeswari Strips Private Limited.

    • Kamala Singhi
    • Praveen Kumar Singhi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parmeswari Strips Private Limited is At-Plot No-346KapursinghPo-OrondaPs-Gurudijhati Athagarh, Cuttack, Orissa, India, 753029.

  • The corporate identification number (CIN) of Parmeswari Strips Private Limited is U27109OR2012PTC015394 and the company number is 015394 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parmeswari Strips Private Limited has risen by 64.23%.

  • As Per 2023 financial reports, 63 employees are currently employed by Parmeswari Strips Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parmeswari Strips Private Limited has experienced an upsurge of 26.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parmeswari Strips Private Limited amount to ₹ 41.70 Cr.

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

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