Karan-Tej Paramount Properties Private Limited
About Karan-Tej Paramount Properties Private Limited
Data last updated:
Karan-Tej Paramount Properties Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U00500PN2006PTC022349. Its GSTIN is 27AACCK8310L2ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Gaurav Prashant Waghmare and Vilas Laxman Londhe.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at M – 1 /105 M. I. G. Krishna Hsg. Soc. Gokhale Nagar, Pune, Maharashtra, India – 411016.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.67 Cr (net margin 8.4%) and EBITDA of ₹3.37 Cr (EBITDA margin 16.9%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹13.9 Cr and satisfied charges of ₹12.25 Cr on record. Court records list 7 cases involving the company, including 5 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
Karan-Tej Paramount Properties Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressM – 1 /105 M. I. G. Krishna Hsg. Soc. Gokhale Nagar, Pune, Maharashtra, India – 411016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Karan-Tej Paramount Properties 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
Business activity
The main business activity of Karan-Tej Paramount Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Karan-Tej Paramount Properties Private Limited, buy the company report.
Financials of Karan-Tej Paramount Properties Private Limited
FY 2023 filings availableKaran-Tej Paramount Properties Private Limited reported revenue of ₹19.9 Cr (up 1577% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years. EBITDA rose 309% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹3.37 Cr | ||||
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| Net Profit (PAT) | ₹1.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Karan-Tej Paramount Properties Private Limited, buy the company report.
Board of directors of Karan-Tej Paramount Properties Private Limited
Karan-Tej Paramount Properties has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Prashant Waghmare | Director | 30 Jun 2021 | 5 Years 3 Months | Current |
| Vilas Laxman Londhe | Director | 15 Feb 2019 | 7 Years 8 Months | Current |
| Pradnya Prashant Waghmare | Director | 17 Apr 2006 | 20 Years 6 Months | Current |
Peer comparison
Karan-Tej Paramount Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tiya Civil Tech Private Limited | ₹19.93 Cr (FY 2025) | 9.0% | Dumka, Jharkhand, India | |||
| Home Rays Private Limited | ₹19.93 Cr (FY 2025) | 31.0% | Chandigarh, India | |||
| Karan-Tej Paramount Properties Private Limitedthis company | ₹19.9 Cr (FY 2023) | ₹1.67 Cr | 8.4% | 1577.0% | Pune, Maharashtra, India | |
| Shirdi Shelters Whitefield Private Limited | ₹19.87 Cr (FY 2025) | 681.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Karan-Tej Paramount Properties Private Limited, buy the company report.
Auditor
Karan-Tej Paramount Properties Private Limited is audited by M A P S & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A P S & COMPANY | FY 2022 | 118913W |
Shareholding
The shareholding of Karan-Tej Paramount Properties Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karan-Tej Paramount Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2025 | 101069024 | Others | ₹70 Lakh | Open | |
| 26 Jul 2023 | 100784968 | Others | ₹4.2 Cr | Open | |
| 14 Jun 2022 | 100591766 | Others | ₹2.5 Cr | Open | |
| 21 Jul 2021 | 100468284 | Others | ₹1.5 Cr | Open | |
| 30 Sep 2019 | 100296676 | Others | ₹5 Cr | Open |
To see the full charge records of Karan-Tej Paramount Properties Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Karan-Tej Paramount Properties Private Limited has 7 court cases on record: 5 filed by Karan-Tej Paramount Properties, 2 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against 2 M/S. Paramount &Ndash; Gaurav Shelters Private Ltd Through Its Director Survey No. 168, Altissimo, Wakad Link Road, Next to Eden, Wakad, Pune- 411057 , , Other and 11 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Karan-Tej Paramount Properties 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 Karan-Tej Paramount Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Karan-Tej Paramount Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK8310L2ZD | Maharashtra | Active | 01 Nov 2019 |
To see the full GST registrations and return filing status of Karan-Tej Paramount Properties Private Limited, buy the company report.
Recent activity
Karan-Tej Paramount Properties Private Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Gaurav Prashant Waghmare ceased to be Additional Director on 30 Nov 2021.
8 earlier events are in the company report.
Frequently asked questions
Karan-Tej Paramount Properties is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 April 2006 (20+ years old) and is registered under CIN U00500PN2006PTC022349.
Karan-Tej Paramount Properties has 3 current directors:
- Gaurav Prashant Waghmare - Director
- Vilas Laxman Londhe - Director
- Pradnya Prashant Waghmare - Director
The latest financial statements of Karan-Tej Paramount Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Karan-Tej Paramount Properties is 27AACCK8310L2ZD, 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 Karan-Tej Paramount Properties is U00500PN2006PTC022349. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan-Tej Paramount Properties has 7 court cases on record: 5 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Karan-Tej Paramount Properties was incorporated on 17 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Karan-Tej Paramount Properties by revenue are Tiya Civil Tech Private Limited, Home Rays Private Limited, Shirdi Shelters Whitefield Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Gaurav Prashant Waghmare ceased to be Additional Director on 30 Nov 2021. Gaurav Prashant Waghmare was appointed as Director on 30 Jun 2021. Vilas Laxman Londhe ceased to be Additional Director on 30 Sep 2019. Karan-Tej Paramount Properties has 7 board changes on record in total.
The registered office of Karan-Tej Paramount Properties is at M – 1 105 M. I. G. Krishna Hsg. Soc. Gokhale Nagar, Pune, Maharashtra, India – 411016.
Karan-Tej Paramount Properties operates in the real estate and construction industry, in the real estate builders and developers segment.