About Paras Lubricants Limited
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Paras Lubricants Limited is a public limited company based in Delhi, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 23 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24229DL1985PLC022086. Its GSTIN is 07AAACP0442L1ZK (Delhi). The company holds 15 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.51 Cr. It is led by directors including Paras Kumar Bansal (Managing Director) and Dinesh Chand Aggarwal (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 311 – 312 Manglam Paradise Plot No. 8 Manglam Place Sector – 3 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹339.15 Cr. For the same year it recorded a net profit of ₹1.1 Cr (net margin 0.3%) and EBITDA of ₹7.07 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
The company has about 196 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.76 Cr and satisfied charges of ₹90.01 Cr on record. Court records list 112 cases involving the company, including 94 filed by the company and 18 filed against it; 27 cases are pending. The company has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹10.06 Cr; the latest was in March 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 75 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palco.co.in.
Company details
Contact details
Paras Lubricants Limited's registered office is in Delhi, Delhi. Its website is palco.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address311 – 312 Manglam Paradise Plot No. 8 Manglam Place Sector – 3 Rohini, Delhi, India – 110085
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Paras Lubricants 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 activities of Paras Lubricants are manufacturing and trade. In detail, this covers coke and refined petroleum products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Paras Lubricants Limited, buy the company report.
Financials of Paras Lubricants Limited
FY 2025 filings availableParas Lubricants Limited reported revenue of ₹339.15 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. EBITDA fell 25% 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 |
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| EBITDA | ₹7.07 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paras Lubricants Limited, buy the company report.
Board of directors of Paras Lubricants Limited
Paras Lubricants has 9 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Kumar Bansal | Managing Director | 23 Sep 1985 | 41 Years 1 Months | Current |
| Sushant Kumar Bansal Also directs: Palco Associates LLP, Icemax Universal Private Limited | Director | 01 Jun 2005 | 21 Years 5 Months | Current |
| Raghav Bansal Also directs: Palco Associates LLP, Icemax Universal Private Limited, Paras Petro Products Private Limited and 1 more | Director | 18 Jul 2015 | 11 Years 3 Months | Current |
| Awadh Narayan Garg | Director | 29 Mar 2024 | 2 Years 7 Months | Current |
| Manish Goyal | Director | 18 Jul 2015 | 11 Years 3 Months | Current |
| Dinesh Chand Aggarwal Also directs: Palco Associates LLP | Whole-Time Director | 01 Apr 2009 | 17 Years 7 Months | Current |
Auditor
Paras Lubricants Limited is audited by PVRN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVRN & CO. | FY 2024 | 004062N |
Shareholding
The shareholding of Paras Lubricants Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paras Lubricants Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2026 | 101246567 | State Bank of India | ₹2.25 Cr | Open | |
| 03 Jan 2026 | 101217271 | Hdfc Bank Limited | ₹14.5 Lakh | Open | |
| 18 Aug 2025 | 101147749 | Hdfc Bank Limited | ₹8.89 Lakh | Open | |
| 08 Aug 2025 | 101147937 | Hdfc Bank Limited | ₹14.72 Lakh | Open | |
| 19 May 2025 | 101116697 | Hdfc Bank Limited | ₹8.14 Lakh | Open |
To see the full charge records of Paras Lubricants Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Paras Lubricants Limited has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹10.06 Cr; the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2022 | Funding round | ₹2.5 Cr | Investors: 4 individuals |
| Aug 2016 | Funding round | ₹1.16 Cr | Investors: 2 individuals |
| Nov 2015 | Funding round | ₹40.9 Lakh | Investors: an individual |
| Mar 2010 | Funding round | ₹1.52 Cr | Investors: Hari Om Lubes Private Limited , 3 individuals |
To see the full deal history of Paras Lubricants Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paras Lubricants Limited has 112 court cases on record: 94 filed by Paras Lubricants, 18 filed against it. 27 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 97 | 12 | 25 |
| High courts | 15 | 6 | 2 |
Cases on record (5 of 112)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Hindustan Petroleum Corporation Ltd. | Disposed |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against M/S Vaisan Petroleum Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Appeal | Filed against the company | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Punjab National Bank & Ors. | Pending |
| District court, Ludhiana, Punjab | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Paras Lubricants 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
Paras Lubricants Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 75 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Gandhar Oil Refinery (India) Limited | |||
| Amit Petrolubes Private Limited | |||
| Vardhaman Plastochem Private Limited | |||
| an individual supplier | |||
| Coats & Pack |
To see the full MSME payment records of Paras Lubricants Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paras Lubricants Limited has a workforce of 196 employees on its EPFO records as of Sep 16, 2024, across 1 active EPFO establishment.
GST
Paras Lubricants has 15 GST registrations: 3 active and 12 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP0442L1ZK | Delhi | Active | 01 Jul 2017 |
| 27AAACP0442L1ZI | Maharashtra | Active | 01 Jul 2017 |
| 26AAACP0442L1ZK | Daman & Diu | Active | 01 Aug 2020 |
To see the full GST registrations and return filing status of Paras Lubricants Limited, buy the company report.
Recent activity
Paras Lubricants Limited has 13 board changes on record since 1985: 9 appointments and 4 cessations. The latest: Awadh Narayan Garg was appointed as Director on 29 Mar 2024.
52 earlier events are in the company report.
Frequently asked questions
Paras Lubricants is an active public limited company based in Delhi, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 23 September 1985 (41+ years old) and is registered under CIN U24229DL1985PLC022086.
Paras Lubricants has 9 current directors:
- Paras Kumar Bansal - Managing Director
- Dinesh Chand Aggarwal - Whole-Time Director
- Subhash Agarwal - Whole-Time Director
- Sushant Kumar Bansal - Director
- Raghav Bansal - Director
- Awadh Narayan Garg - Director
- Manish Goyal - Director
- Shalini Aggarwal - Director
- Nitish Kumar Chugh - Director
The latest financial statements of Paras Lubricants 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 Paras Lubricants is 07AAACP0442L1ZK, registered in Delhi. The company has 15 GST registrations in all, of which 3 are active and 12 are cancelled or inactive. Other active GSTINs include 27AAACP0442L1ZI (Maharashtra), 26AAACP0442L1ZK (Daman & Diu).
The CIN (Corporate Identification Number) of Paras Lubricants is U24229DL1985PLC022086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Lubricants has 112 court cases on record: 94 filed by the company and 18 filed against it. 27 are pending. Most are in the district courts.
Paras Lubricants was incorporated on 23 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Paras Lubricants has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹10.06 Cr; the latest was in March 2024.
Awadh Narayan Garg was appointed as Director on 29 Mar 2024. Ankur Goyal ceased to be Director on 30 Sep 2022. Nitish Kumar Chugh was appointed as Director on 30 Sep 2022. Paras Lubricants has 13 board changes on record in total.
Paras Lubricants has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 75 overdue payments to 13 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Paras Lubricants can be reached through the website palco.co.in. Its registered office is in Delhi, India.
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