Paras Spares and Accessories Limited
About Paras Spares and Accessories Limited
Data last updated:
Paras Spares and Accessories Limited was a public limited company based in New Delhi, Delhi, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 26 July 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29220DL1996PLC080700.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Anup Kumar Mandal and Aniket Wadhwa.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1517/6 Devika Towers, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.16 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 51.6%) and EBITDA of ₹1.14 Lakh (EBITDA margin 52.7%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Paras Spares and Accessories Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address1517/6 Devika Towers, New Delhi, Delhi, India – 110019
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Paras Spares and Accessories Limited, buy the company report.
- 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
Financials of Paras Spares and Accessories Limited
FY 2018 filings availableParas Spares and Accessories Limited reported revenue of ₹2.16 Lakh (up 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 104% over three years, including 10% growth in the latest year. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.16 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.14 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.12 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 52.7% | |||
| Net Profit Margin | 51.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| 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 Paras Spares and Accessories Limited, buy the company report.
Board of directors of Paras Spares and Accessories Limited
Paras Spares and Accessories has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anup Kumar Mandal | Director | 23 Dec 2015 | 10 Years 10 Months | As last reported |
| Aniket Wadhwa | Director | 17 Jun 2016 | 10 Years 4 Months | As last reported |
| Bharat Mehta | Director | 17 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Paras Spares and Accessories Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Consulting Services, Hypermarkets), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Insights Mundo Marketing and Analytics Private Limited | ₹2.17 Lakh (FY 2024) | -92.0% | Vadodara, Gujarat, India | |||
| SS Kamakhya Ventures Private Limited | ₹2.17 Lakh (FY 2025) | -98.0% | Bangalore, Karnataka, India | |||
| Foretech BPO Private Limited | ₹2.17 Lakh (FY 2021) | 163.0% | Thane, Maharashtra, India | |||
| Hilltech Estates Private Limited | ₹2.17 Lakh (FY 2018) | 2993.0% | New Delhi, Delhi, India | |||
| Prosperitas Technologies Private Limited | ₹2.16 Lakh (FY 2022) | 75.0% | Kolkata, West Bengal, India | |||
| Paras Spares and Accessories Limitedthis company | ₹2.16 Lakh (FY 2018) | ₹1.12 Lakh | 51.6% | 10.0% | New Delhi, Delhi, India | |
| Increment Language Solutions Private Limited | ₹2.16 Lakh (FY 2019) | Hyderabad, Telangana, India | ||||
| Ashutosh Polymers Private Limited | ₹2.16 Lakh (FY 2025) | 872.0% | Bangalore, Karnataka, India | |||
| Admire Commodities Private Limited | ₹2.16 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Shalimar Tie-Up Private Limited | ₹2.16 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Prismer Business Solutions Private Limited | ₹2.15 Lakh (FY 2024) | -77.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Paras Spares and Accessories Limited, buy the company report.
Auditor
Paras Spares and Accessories Limited is audited by G P R S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P R S & CO | FY 2018 | 018845C |
Shareholding
The shareholding of Paras Spares and Accessories Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paras Spares and Accessories Limited, buy the company report.
Legal cases
Paras Spares and Accessories Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Uniword Telecom Limited | Disposed |
To see the full case history of Paras Spares and Accessories Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Spares and Accessories 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 Paras Spares and Accessories Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paras Spares and Accessories Limited has 12 board changes on record since 2009: 3 appointments and 9 cessations. The latest: Aniket Wadhwa was appointed as Director on 17 Jun 2016.
3 earlier events are in the company report.
Frequently asked questions
Paras Spares and Accessories has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Paras Spares and Accessories was a public limited company based in New Delhi, Delhi, India. The company worked in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 26 July 1996 and is registered under CIN U29220DL1996PLC080700. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Paras Spares and Accessories was incorporated on 26 July 1996. It is registered with the Registrar of Companies, Delhi.
Paras Spares and Accessories had 3 directors:
- Anup Kumar Mandal - Director
- Aniket Wadhwa - Director
- Bharat Mehta - Director
The CIN (Corporate Identification Number) of Paras Spares and Accessories is U29220DL1996PLC080700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paras Spares and Accessories is at 15176 Devika Towers, New Delhi, Delhi, India – 110019.
The latest financial statements of Paras Spares and Accessories on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Paras Spares and Accessories operated in the consumer services industry, in the hypermarkets and large retail chains segment.
The peers of Paras Spares and Accessories by revenue are Insights Mundo Marketing and Analytics Private Limited, SS Kamakhya Ventures Private Limited, Foretech BPO Private Limited, Hilltech Estates Private Limited, Prosperitas Technologies Private Limited and 5 more, all in the Consumer Services industry (Consulting Services, Hypermarkets).
Paras Spares and Accessories has 1 court case on record: 1 filed against it.
Aniket Wadhwa was appointed as Director on 17 Jun 2016. Bharat Mehta was appointed as Director on 17 Jun 2016. Chinta Mani ceased to be Director on 17 Jun 2016. Paras Spares and Accessories has 12 board changes on record in total.
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