Parnax Lab Profile
Key Indicators
- Authorised Capital ₹ 13.00 Cr
- Paid Up Capital ₹ 11.49 Cr
- Company Age 42 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 24.20 Cr
- Satisfied Charges ₹ 4.66 Cr
- Revenue Growth 199.91%
- Profit Growth 147.82%
- Ebitda 407.59%
- Net Worth 170.46%
- Total Assets 33.41%
About Parnax Lab
Parnax Lab Limited (PLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 August 1982 and has a history of 42 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 506128.
The Corporate was formerly known as Krishna-Deep Trade And Investment Ltd. The Company is engaged in the Pharma 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 13.00 Cr and a paid-up capital of Rs 11.49 Cr.
The company currently has active open charges totaling ₹24.20 Cr. The company has closed loans amounting to ₹4.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Parnax Lab Limited India are Preet Kukreja as Company Secretary, Binoy Shah as Cfo, and Mihir Shah as Ceo. Mihir Shah, Binoy Shah, Ami Shah, and Three 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
L36912MH1982PLC027925
- Company No.
027925
- Stock Symbol
BSE : 506128
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Aug 1982
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Pharma
Who are the key members and board of directors at Parnax Lab?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mihir Shah  | Managing Director | 05-Jul-2024 | Current |
| Preet Kukreja | Company Secretary | 21-Jun-2021 | Current |
| Binoy Shah | CFO | 03-Aug-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Binoy Shah | Director | 05-Jul-2024 | Current |
| Ami Shah | Director | 31-Mar-2015 | Current |
| Tirunillai Anatharaman | Director | 31-Mar-2015 | Current |
| Yogesh Varia | Director | 28-May-2021 | Current |
| Harish Panpalia | Director | 11-Aug-2023 | Current |
Financial Performance of Parnax Lab.
Parnax Lab Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 199.91% increase. The company also saw a substantial improvement in profitability, with a 147.82% increase in profit. The company's net worth Soared by an impressive increase of 170.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parnax Lab?
In 2022, Parnax Lab had a promoter holding of 67.58% and a public holding of 32.42%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Naxpar Health Concepts Private LimitedBinoy Shah and Ami Shah are mutual person
- Naxpar Pharma Private Limited
Mihir Shah, Yogesh Varia and 1 more are mutual person
Novomed Pharma Pvt. LtdMihir Shah and Binoy Shah are mutual person
- Naxpar Medicamentos Llp
Binoy Shah and Ami Shah are mutual person
- Abpar Private Limited
Binoy Shah is a mutual person
- Naxpar Int Llp
Ami Shah is a mutual person
Charges (Loans)
Open Charges
₹24.20 Cr
Satisfied Charges
₹4.66 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 24.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2002 | State Bank Of India | ₹10.39 Cr | Open |
| 30 Mar 2000 | State Bank Of India | ₹2.72 Cr | Open |
| 30 Mar 2000 | State Bank Of India | ₹10.39 Cr | Open |
| 04 May 1995 | State Bank Of India | ₹2.60 M | Open |
| 04 May 1995 | State Bank Of India | ₹2.60 M | Open |
How Many Employees Work at Parnax Lab?
Unlock and access historical data on people associated with Parnax Lab, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Parnax Lab, 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 Parnax Lab'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.
Latest Updates, News, and FAQs on Parnax Lab
Recent activity within the organization
- Annual General Meeting
Parnax Lab Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Binoy Baiju Shah was appointed as a Cfo was appointed as a Cfo on 03 Aug 2024 & has been associated with this company since 7 months 3 days .
- Director Appointment
Mihir Prakash Shah was appointed as a Ceo was appointed as a Ceo on 03 Aug 2024 & has been associated with this company since 7 months 3 days .
- Director Appointment
Mihir Prakash Shah was appointed as a Managing Director was appointed as a Managing Director on 05 Jul 2024 & has been associated with this company since 8 months 1 day .
- Director Appointment
Binoy Baiju Shah was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 8 months 1 day .
- Charges
A charge registered on 31 Mar 2018 via Charge ID 100168004 with Others was fully satisfied on 18 Jun 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Parnax Lab Limited?
Parnax Lab Limited was incorporated on 03 Aug 1982.
What is authorized share capital and paid-up capital of Parnax Lab Limited?
The authorized share capital of Parnax Lab Limited is ₹ 13.00 Cr and paid-up capital is ₹ 11.49 Cr.
Who are the current board members & directors of Parnax Lab Limited?
Currently 9 directors are associated with Parnax Lab Limited.
- Mihir Prakash Shah
- Binoy Baiju Shah
- Ami Mihir Shah
- Tirunillai Venkateswara Anatharaman
- Yogesh Kantilal Varia
- Harish Sunderlal Panpalia
- Preet Vijay Kukreja
- Binoy Baiju Shah
- Mihir Prakash Shah
What is the registered address of Parnax Lab Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Parnax Lab Limited is Gala No. 114 Bldg. 8 Jogani Industrial Complex, Chunabhatti India, Mumbai, Maharashtra, 400022.
What is the corporate identification number (CIN) and company number of Parnax Lab Limited?
The corporate identification number (CIN) of Parnax Lab Limited is L36912MH1982PLC027925 and the company number is 027925 as per Ministry of Corporate Affairs (MCA).
Is Parnax Lab Limited registered with any stock exchange in India?
Yes, Parnax Lab Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Parnax Lab Limited?
The Official website of Parnax Lab Limited is https://www.naxparlab.com
What has been the recent revenue trend for Parnax Lab Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Parnax Lab Limited has risen by 199.91%.
What change has been observed in the net worth of Parnax Lab Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Parnax Lab Limited has experienced an upsurge of 170.46%.
What are the total open charges for Parnax Lab Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Parnax Lab Limited amount to ₹ 24.20 Cr.
When was the last Balance Sheet of Parnax Lab Limited filed with the ROC?
The most recent Balance Sheet for Parnax Lab Limited was filed with the ROC on 31 Mar 2024.
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