Parth Equipment Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.41 M
- Company Age 17 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.33 Cr
- Satisfied Charges ₹ 14.60 Cr
- Revenue Growth 77.05%
- Profit Growth 186.23%
- Ebitda 30.64%
- Net Worth 14.37%
- Total Assets 14.61%
About Parth Equipment
Parth Equipment Limited (PEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 May 2007 and has a history of 17 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 4.41 M.
The company currently has active open charges totaling ₹44.33 Cr. The company has closed loans amounting to ₹14.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hasmukhbhai Shah, Bhavnaben Shah, Neeta Shah, and Three other members serve as directors at the Company.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29300GJ2007PLC050942
- Company No.
050942
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 May 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
What products or services does Parth Equipment Limited offer?
Parth Equipment Limited offers a wide range of products and services, including Carry Bags and Multiutility Bags & Pouches, Bag Handles, Wire Drawing & Cabling Machines, Wire Drawing Machines, Building & Construction Machines, Straightening Machines, Testing & Measuring Equipments, Testing Machines.
Who are the key members and board of directors at Parth Equipment?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Navnitkumar Shah  | Managing Director | 24-May-2007 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Parth Shah | Director | 30-Jan-2019 | Current |
| Hasmukhbhai Shah | Director | 24-May-2007 | Current |
| Bhavnaben Shah | Director | 24-May-2007 | Current |
| Neeta Shah | Whole-Time Director | 24-May-2007 | Current |
| Arth Shah | Director | 30-Jan-2019 | Current |
Financial Performance of Parth Equipment.
Parth Equipment Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.05% increase. The company also saw a substantial improvement in profitability, with a 186.23% increase in profit. The company's net worth Soared by an impressive increase of 14.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Parth Equipment?
In 2023, Parth Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kronos Metalcraft Private LimitedArth Shah is a mutual person
Divy Rollform LimitedHasmukhbhai Shah, Bhavnaben Shah and 3 more are mutual person
Kronos Rollform Private LimitedArth Shah is a mutual person
Charges (Loans)
₹443.35 M
₹146.03 M
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 28.04 Cr
- Others : 14.64 Cr
- Sidbi : 1.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2024 | Others | ₹12.00 Cr | Open |
| 26 Apr 2024 | Others | ₹2.59 Cr | Open |
| 08 Dec 2023 | Sidbi | ₹8.07 M | Open |
| 16 May 2022 | Sidbi | ₹8.40 M | Open |
| 02 Feb 2021 | Others | ₹0.54 M | Open |
How Many Employees Work at Parth Equipment?
Parth Equipment has a workforce of 54 employees as of Apr 07, 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 Parth Equipment, 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 Parth Equipment'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.
