About Paramount Steels Limited
Data last updated:
Paramount Steels Limited is a public limited company based in Punjab, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 12 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L27109PB1981PLC021435. Its GSTIN is 03AACCP8471B1ZQ (Punjab). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Sudershan Kumar (Managing Director) and Sudesh Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 56 Phas4E VII Focal Pointludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.26 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹4.1 Cr and EBITDA of -₹3.93 Cr. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 77% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹29.14 Cr on record. Court records list 16 cases involving the company, including 5 filed by the company and 11 filed against it; 6 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website paramountsteel.com.
Company details
CIN history
Paramount Steels has one previous CIN (Corporate Identification Number): U27109PB1981PLC021435. The current CIN is L27109PB1981PLC021435, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27109PB1981PLC021435 | Current |
| U27109PB1981PLC021435 | Previous |
Contact details
Paramount Steels Limited's registered office is in Punjab. Its website is paramountsteel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 56 Phas4E VII Focal Pointludhiana, Punjab, India
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Paramount Steels 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 Paramount Steels Limited
FY 2025 filings availableParamount Steels Limited reported revenue of ₹2.26 Lakh (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years, including a 46% fall 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.26 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.1 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Paramount Steels Limited, buy the company report.
Board of directors of Paramount Steels Limited
Paramount Steels has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virender Singh | Director | 06 Apr 2024 | 2 Years 6 Months | Current |
| Sudershan Kumar | Managing Director | 01 Aug 2010 | 16 Years 2 Months | Current |
| Sudesh Kumar | Whole-Time Director | 01 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Paramount Steels Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paramount Steels Limitedthis company | ₹2.26 Lakh (FY 2025) | -₹4.1 Cr | -46.0% | 2 | Punjab, India | |
| RVP Infrastructure Private Limited | ₹2.26 Lakh (FY 2023) | -76.0% | Amravati, Maharashtra, India | |||
| Malabar Ispat Limited | ₹2.26 Lakh (FY 2022) | -98.0% | Manjeshwar, Kerala, India | |||
| Om Concast Private Limited | ₹2.25 Lakh (FY 2025) | -73.0% | New Delhi, Delhi, India | |||
| The Mohali Steels Pvt Ltd | ₹2.22 Lakh (FY 2025) | -56.0% | Punjab, India |
To see the full peer comparison of Paramount Steels Limited, buy the company report.
Auditor
Paramount Steels Limited is audited by KR AGGARWAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KR AGGARWAL & ASSOCIATES | FY 2023 | 030088N |
Shareholding
The shareholding of Paramount Steels Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramount Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2015 | 100019111 | Others | ₹5 Cr | Open | |
| 07 Feb 2014 | 10481105 | Corporation Bank | ₹10 Cr | Open | |
| 07 Aug 2014 | 10534612 | Corporation Bank | ₹2.5 Cr | Satisfied | |
| 21 Jan 2012 | 10331780 | Bajaj Finance Limited | ₹2.55 Cr | Satisfied | |
| 06 Dec 2005 | 80035423 | Punjab National Bank | ₹5 Cr | Satisfied |
To see the full charge records of Paramount Steels Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Paramount Steels Limited has 16 court cases on record: 5 filed by Paramount Steels, 11 filed against it. 6 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 6 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Icici Bank Limited | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Icici Bank Limited and 1 other | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Sriyansh Ispat Ltd. | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by M/S Shiv Electric Store and 1 other | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by Narula Sales Corporation | Pending |
To see the full case history of Paramount Steels 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.
Credit ratings & regulatory alerts
Paramount Steels Limited was last rated by Care on 03 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Dec 2021 |
To see the full credit ratings and regulatory alerts of Paramount Steels Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paramount Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paramount Steels Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Paramount Steels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCP8471B1ZQ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Steels Limited, buy the company report.
Recent activity
Paramount Steels Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Kritika Sagar ceased to be Company Secretary on 15 Jul 2024.
18 earlier events are in the company report.
Frequently asked questions
Paramount Steels is an active public limited company based in Punjab, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 12 June 1981 (45+ years old) and is registered under CIN L27109PB1981PLC021435.
Paramount Steels has 3 current directors:
- Sudershan Kumar - Managing Director
- Sudesh Kumar - Whole-Time Director
- Virender Singh - Director
The latest financial statements of Paramount Steels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramount Steels is 03AACCP8471B1ZQ, registered in Punjab. 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 Paramount Steels is L27109PB1981PLC021435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Paramount Steels is a listed company as per MCA records.
Paramount Steels has 16 court cases on record: 5 filed by the company and 11 filed against it. 6 are pending. Most are in the district courts.
Paramount Steels was incorporated on 12 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Paramount Steels by revenue are RVP Infrastructure Private Limited, Malabar Ispat Limited, Om Concast Private Limited, The Mohali Steels Pvt Ltd, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Kritika Sagar ceased to be Company Secretary on 15 Jul 2024. Virender Singh was appointed as Director on 06 Apr 2024. Narinder Kumar ceased to be Additional Director on 05 Mar 2024. Paramount Steels has 8 board changes on record in total.
Paramount Steels can be reached through the website paramountsteel.com. Its registered office is in Punjab, India.
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