Parees Overseas Private Limited
About Parees Overseas Private Limited
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Parees Overseas Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 10 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2014PTC079731. Its GSTIN is 27AAHCP7048K1ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sandeep Ramchandra Jadyar and Vishal Vasudev Sodaye.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D – 234 Sumel Business Park Safal – 6 Dudheshwar Road Ahmedabad, Gujarat, India – 380004.
As per the financials filed for FY 2020, the company reported a revenue of ₹40.87 Cr. For the same year it recorded a net profit of ₹1.06 Cr (net margin 2.6%) and EBITDA of ₹1.06 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 9% over five years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parees Overseas Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 234 Sumel Business Park Safal – 6 Dudheshwar Road Ahmedabad, Gujarat, India – 380004
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Parees Overseas Private 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 Parees Overseas Private Limited
FY 2020 filings availableParees Overseas Private Limited reported revenue of ₹40.87 Cr for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹40.87 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.06 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 2.6% | ||||
| 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 Parees Overseas Private Limited, buy the company report.
Board of directors of Parees Overseas Private Limited
Parees Overseas has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Ramchandra Jadyar | Director | 25 Sep 2017 | 9 Years 1 Months | Current |
| Vishal Vasudev Sodaye | Director | 20 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Parees Overseas Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Iris Impulse India Private Limited | ₹41.25 Cr (FY 2024) | 27.0% | Gandhidham, Gujarat, India | |||
| Ratan Coal Suppliers Private Limited | ₹41.17 Cr (FY 2025) | -25.0% | Nirsha, Jharkhand, India | |||
| Midas Impex Private Limited | ₹41.12 Cr (FY 2025) | 84.0% | Jamnagar, Gujarat, India | |||
| Seaconvert Private Limited | ₹40.92 Cr (FY 2025) | -40.0% | Ahmedabad, Gujarat, India | |||
| Bihariji Processor Private Limited | ₹40.91 Cr (FY 2025) | 481.0% | New Delhi, Delhi, India | |||
| Parees Overseas Private Limitedthis company | ₹40.87 Cr (FY 2020) | ₹1.06 Cr | 2.6% | Ahmedabad, Gujarat, India | ||
| Jaithra Exim Private Limited | ₹40.82 Cr (FY 2018) | -44.0% | Hyderabad, Telangana, India | |||
| V R International Private Limited | ₹40.81 Cr (FY 2025) | 213.0% | Kanpur, Uttar Pradesh, India | |||
| Magbro Steel India Private Limited | ₹40.81 Cr (FY 2025) | 25.0% | Sangli, Maharashtra, India | |||
| Ankit Smelters and Scrap Trading Private Limited | ₹40.69 Cr (FY 2024) | 18.0% | Kanpur, Uttar Pradesh, India | |||
| Vivekanand Industries Private Limited | ₹40.65 Cr (FY 2025) | 31.0% | Howrah, West Bengal, India |
To see the full peer comparison of Parees Overseas Private Limited, buy the company report.
Auditor
Parees Overseas Private Limited is audited by R S V A & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S V A & CO | FY 2020 | 110504W |
Shareholding
The shareholding of Parees Overseas Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parees Overseas Private Limited, buy the company report.
Legal cases
Parees Overseas Private Limited has 6 court cases on record: 4 filed by Parees Overseas, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Principal Additional Director General of GST Intelligence and Ors and 2 others | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against The Principal Additional Director General of GST Intelligence and Ors | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Parees Overseas Private 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 Parees Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parees Overseas has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP7048K1ZX | Maharashtra | Active | 16 Oct 2017 |
To see the full GST registrations and return filing status of Parees Overseas Private Limited, buy the company report.
Recent activity
Parees Overseas Private Limited has 5 board changes on record since 2017: 2 appointments and 3 cessations. The latest: Nilesh Ramchandra Jadyar ceased to be Director on 20 Nov 2018.
Frequently asked questions
Parees Overseas is an active private limited company based in Ahmedabad, Gujarat, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 10 June 2014 (12+ years old) and is registered under CIN U51909GJ2014PTC079731.
Parees Overseas has 2 current directors:
- Sandeep Ramchandra Jadyar - Director
- Vishal Vasudev Sodaye - Director
The latest financial statements of Parees Overseas on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Parees Overseas is 27AAHCP7048K1ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Parees Overseas is U51909GJ2014PTC079731. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parees Overseas has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Parees Overseas was incorporated on 10 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Parees Overseas by revenue are Iris Impulse India Private Limited, Ratan Coal Suppliers Private Limited, Midas Impex Private Limited, Seaconvert Private Limited, Bihariji Processor Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Nilesh Ramchandra Jadyar ceased to be Director on 20 Nov 2018. Vishal Vasudev Sodaye was appointed as Director on 20 Nov 2018. Palash Nitin Doshi ceased to be Director on 26 Sep 2017. Parees Overseas has 5 board changes on record in total.
The registered office of Parees Overseas is at D – 234 Sumel Business Park Safal – 6 Dudheshwar Road Ahmedabad, Gujarat, India – 380004.
Parees Overseas operates in the metals and minerals industry, in the materials retail and distribution segment.
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