Parvg Sales Private Limited

Trading, manufacturing, and distributing automobile parts and accessories with finance services.

2016 | Delhi (India) | Active
Last Updated: January 13, 2025

Parvg Sales Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.82 Cr
  • Revenue Growth -14.65%
  • Profit Growth 8.02%
  • Ebitda 35.02%
  • Net Worth 7.75%
  • Total Assets -18.49%

About Parvg Sales

Parvg Sales Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 July 2016 (Eight years and six months 23 days old ). Its registered office is in Delhi, India.

The Corporate was formerly known as Kiana Sales Private Limited. The Company is engaged in the Automotive 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 ₹1.82 Cr.

Vipin Garg and Anu Garg serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500DL2016PTC303553

  • Company No.

    303553

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jul 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Parvg Sales?

Board Members (2)

Name Designation Appointment Date Status
Vipin Garg Country flag representing In Director 25-Jul-2016 Current
Anu Garg Country flag representing In Director 10-Jul-2024 Current

Financial Performance of Parvg Sales.

Parvg Sales Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.65% decrease. The company also saw a slight improvement in profitability, with a 8.02% increase in profit. The company's net worth moved up by a moderate rise of 7.75%.

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
-14.65%
Revenue from Operations
-14.56%
Total Assets
-18.49%
Profit or Loss
8.02%
Net Worth
7.75%
EBITDA
35.02%

What is the Ownership and Shareholding Structure of Parvg Sales?

In 2022, Parvg Sales 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

₹18.21 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.75 Cr
  • Axis Bank Limited : 0.70 Cr
  • Hdfc Bank Limited : 0.37 Cr

Latest Charge Details

Date Lender Amount Status
12 Jul 2024 Hdfc Bank Limited ₹3.71 M Open
25 Feb 2021 Axis Bank Limited ₹7.00 M Open
05 Oct 2017 State Bank Of India ₹7.50 M Open

How Many Employees Work at Parvg Sales?

Unlock and access historical data on people associated with Parvg Sales, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parvg Sales, 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 Parvg Sales'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 Parvg Sales

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.71 M with Charge ID 100973838 was registered on 12 Jul 2024.

    12 Jul 2024

  • Director Appointment

    Anu Garg was appointed as a Director was appointed as a Director on 10 Jul 2024 & has been associated with this company since 7 months 7 days .

    10 Jul 2024

  • Balance Sheet

    Parvg Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.00 M with Charge ID 100420131 was registered on 25 Feb 2021.

    25 Feb 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.50 M with Charge ID 100127719 was registered on 05 Oct 2017.

    05 Oct 2017

Frequently asked questions

  • Parvg Sales Private Limited was incorporated on 25 Jul 2016.

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

  • Currently 2 directors are associated with Parvg Sales Private Limited.

    • Vipin Garg
    • Anu Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parvg Sales Private Limited is Plot No.137 Pocket H-34 Sector-3, Rohini India, New Delhi, 110085.

  • The corporate identification number (CIN) of Parvg Sales Private Limited is U50500DL2016PTC303553 and the company number is 303553 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parvg Sales Private Limited has fallen by -14.65%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parvg Sales Private Limited has experienced an upsurge of 7.75%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parvg Sales Private Limited amount to ₹ 1.82 Cr.

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

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