Param Finance Limited
About Param Finance Limited
Data last updated:
Param Finance Limited is a public limited company based in Aurangabad, Maharashtra, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 05 July 2021.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U65990PN2021PLC202361.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Radha Parmeshwar Rajbinde and Ramesh Ramrao Bangale.
Its last annual general meeting (AGM) was held on 11 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat.No.U – 20 Buil – U Cts.No. 18762 Amrut Sai P, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.46 Lakh. For the same year it recorded a net loss of ₹2.6 Lakh (net margin -58.3%) and EBITDA of -₹2.6 Lakh (EBITDA margin -58.3%).
Company details
Contact details
Param Finance Limited's registered office is in Aurangabad, Maharashtra.
- Registered AddressFlat.No.U – 20 Buil – U Cts.No. 18762 Amrut Sai P, Aurangabad, Maharashtra, India – 431001
- IndustryFinancial Services, Diversified Financial Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Param Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Param Finance Limited, buy the company report.
Financials of Param Finance Limited
FY 2022 filings availableParam Finance Limited reported revenue of ₹4.46 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹2.6 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.6 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | -58.3% |
| Net Profit Margin | -58.3% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Param Finance Limited, buy the company report.
Board of directors of Param Finance Limited
Param Finance has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radha Parmeshwar Rajbinde | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Ramesh Ramrao Bangale | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
| Parmeshwar Santram Rajbinde Also directs: Paramgold Agritech Private Limited, Rajbinde Farmer Producer Company Limited, Param Job Solutions Private Limited and 2 more | Director | 05 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Param Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gretna Estates & Investments Pvt Ltd | ₹4.46 Lakh (FY 2025) | 26.0% | Kolkata, West Bengal, India | |||
| Navam Estates Private Limited | ₹4.46 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Thakur Labour Law Consultancy Services Private Limited | ₹4.46 Lakh (FY 2022) | -25.0% | Thane, Maharashtra, India | |||
| Param Finance Limitedthis company | ₹4.46 Lakh (FY 2022) | -₹2.6 Lakh | -58.3% | Aurangabad, Maharashtra, India | ||
| Aaradhya Finance and Realty Private Limited | ₹4.45 Lakh (FY 2024) | -51.0% | Virar, Maharashtra, India |
To see the full peer comparison of Param Finance Limited, buy the company report.
Legal cases
No court or tribunal cases involving Param Finance Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Param Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Param Finance Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Param Finance Limited has 3 board changes on record since 2021: 3 appointments. The latest: Parmeshwar Santram Rajbinde was appointed as Director on 05 Jul 2021.
Frequently asked questions
Param Finance is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Param Finance is a dormant public limited company based in Aurangabad, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 05 July 2021 and is registered under CIN U65990PN2021PLC202361. The company is legally registered but not currently conducting business.
Param Finance has 3 current directors:
- Radha Parmeshwar Rajbinde - Director
- Ramesh Ramrao Bangale - Director
- Parmeshwar Santram Rajbinde - Director
The CIN (Corporate Identification Number) of Param Finance is U65990PN2021PLC202361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Param Finance was incorporated on 05 July 2021. It is registered with the Registrar of Companies, Pune.
The registered office of Param Finance is at Flat.No.U – 20 Buil – U Cts.No. 18762 Amrut Sai P, Aurangabad, Maharashtra, India – 431001.
The latest financial statements of Param Finance on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 11 June 2022. Year-wise statements from FY 2022 are in the company report.
Param Finance operates in the financial services industry, in the diversified financial services segment.
The peers of Param Finance by revenue are Gretna Estates & Investments Pvt Ltd, Navam Estates Private Limited, Thakur Labour Law Consultancy Services Private Limited, Aaradhya Finance and Realty Private Limited, all in the BFSI industry (Finance, Other Financial Services), with the same principal business activity (other financial activities).
Parmeshwar Santram Rajbinde was appointed as Director on 05 Jul 2021. Radha Parmeshwar Rajbinde was appointed as Director on 05 Jul 2021. Ramesh Ramrao Bangale was appointed as Director on 05 Jul 2021.
Param Finance can be reached at its registered office: Flat.No.U – 20 Buil – U Cts.No. 18762 Amrut Sai P, Aurangabad, Maharashtra, India – 431001.