Paviter Metals Private Limited

Steel trading company offering a wide range of products for industrial and construction needs.

2004 | Punjab, Punjab (India) | Active
Last Updated:

Paviter Metals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.37 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.12 Cr
  • Satisfied Charges ₹ 14.78 Cr
  • Revenue Growth 12.27%
  • Profit Growth -27.32%
  • Ebitda -18.10%
  • Net Worth 11.98%
  • Total Assets 8.03%

About Paviter Metals

Paviter Metals Private Limited (PMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 2004 and has a history of 20 years and 11 months. Its registered office is in Punjab, Punjab.

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 1.00 Cr and a paid-up capital of Rs 5.37 M.

The company currently has active open charges totaling ₹19.12 Cr. The company has closed loans amounting to ₹14.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

Baldev Raj, Naresh Kumar, and Sanjeev Dhawan serve as directors at the Company.

Company Details

  • Location Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2004PTC026967

  • Company No.

    026967

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

What products or services does Paviter Metals Private Limited offer?

Paviter Metals Private Limited offers a wide range of products and services, including Mild Steel Bars, Mild Steel Round Bar, Metal and Alloy Wires, Steel Wire, Binding Wire, Metal Wire, Steel Rods, Wire Rods, Mild Steel Binding Wire, Steel Bars, Rods, Plates & Sheets.

Who are the key members and board of directors at Paviter Metals?

Board Members (3)

NameDesignationAppointment DateStatus
Baldev Raj Country flag representing In Whole-Time Director 12-Jan-2007Current
Naresh Kumar Country flag representing In Whole-Time Director 12-Jan-2007Current
Sanjeev Dhawan Country flag representing In Whole-Time Director 01-Feb-2008Current

Financial Performance of Paviter Metals.

Paviter Metals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.27% increase. The company also saw a substantial fall in profitability, with a 27.32% decrease in profit. The company's net worth Soared by an impressive increase of 11.98%.

Paviter Metals revenue growth over time
Paviter Metals 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
12.27%
Revenue from Operations
12.27%
Total Assets
8.03%
Profit or Loss
-27.32%
Net Worth
11.98%
EBITDA
-18.10%

What is the Ownership and Shareholding Structure of Paviter Metals?

In 2023, Paviter Metals had a promoter holding of 97.74% and a public holding of 2.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.12 Cr

Satisfied Charges

₹14.78 Cr

Charges Breakdown by Lending Institutions

  • Others : 19.12 Cr

Latest Charge Details

DateLenderAmountStatus
22 Nov 2022Others₹2.00 CrOpen
22 Mar 2022Others₹9.75 MOpen
21 Jul 2021Others₹1.20 MOpen
30 May 2008Others₹16.02 CrOpen
21 Jul 2021Others₹9.75 MSatisfied

How Many Employees Work at Paviter Metals?

Paviter Metals has a workforce of 4 employees as of Apr 01, 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.

Employee growth trends for Paviter Metals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paviter Metals, 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 Paviter Metals'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 Paviter Metals

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 16.02 Cr registered on 30 May 2008 with Charge ID 10113380 was modified on 30 Apr 2024.

  • Charges

    A charge with Others of Rs. 2.00 Cr registered on 22 Nov 2022 with Charge ID 100665881 was modified on 12 Jan 2024.

  • Charges

    A charge registered on 21 Jul 2021 via Charge ID 100478430 with Others was fully satisfied on 11 Oct 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Paviter Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100665881 was registered on 22 Nov 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Paviter Metals Private Limited?

    Paviter Metals Private Limited was incorporated on 25 Mar 2004.

  • What is authorized share capital and paid-up capital of Paviter Metals Private Limited?

    The authorized share capital of Paviter Metals Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.37 M.

  • Who are the current board members & directors of Paviter Metals Private Limited?

    Currently 3 directors are associated with Paviter Metals Private Limited.

    • Baldev Raj
    • Naresh Kumar
    • Sanjeev Kumar Dhawan
  • What is the registered address of Paviter Metals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paviter Metals Private Limited is 106, Tarndeep Marketoverlock Road Ludhiana India, Punjab.

  • What is the corporate identification number (CIN) and company number of Paviter Metals Private Limited?

    The corporate identification number (CIN) of Paviter Metals Private Limited is U27100PB2004PTC026967 and the company number is 026967 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paviter Metals Private Limited?

    The Official website of Paviter Metals Private Limited is https://www.paviter.in

  • What has been the recent revenue trend for Paviter Metals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paviter Metals Private Limited has risen by 12.27%.

  • How many employees does Paviter Metals Private Limited currently have?

    As Per 2023 financial reports, 4 employees are currently employed by Paviter Metals Private Limited.

  • What change has been observed in the net worth of Paviter Metals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Paviter Metals Private Limited has experienced an upsurge of 11.98%.

  • What are the total open charges for Paviter Metals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paviter Metals Private Limited amount to ₹ 19.12 Cr.

  • When was the last Balance Sheet of Paviter Metals Private Limited filed with the ROC?

    The most recent Balance Sheet for Paviter Metals Private Limited was filed with the ROC on 31 Mar 2023.

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