About Paras Polymers Private Limited
Data last updated:
Paras Polymers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 10 February 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC023294. Its GSTIN is 07AAACP1681K1ZB (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.62 Cr. It is led by directors including Ashok Kumar Jain and Saurabh Jain.
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 12th Floor Vijaya Building Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹97.37 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 1.6%) and EBITDA of ₹2.26 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹10.6 Cr and satisfied charges of ₹58 Cr on record. Court records list 43 cases involving the company, including 37 filed by the company and 6 filed against it; 5 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in April 2010. Its 4 peer companies in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Jignesh Agency Private Limited with revenue of ₹98.17 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 40 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 paraspolymers.org.
Company details
Contact details
Paras Polymers Private Limited's registered office is in New Delhi, Delhi. Its website is paraspolymers.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12th Floor Vijaya Building Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Paras Polymers 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 Paras Polymers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Paras Polymers Private Limited, buy the company report.
Financials of Paras Polymers Private Limited
FY 2025 filings availableParas Polymers Private Limited reported revenue of ₹97.37 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA rose 24% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.56 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1.6% | ||||
| 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 Polymers Private Limited, buy the company report.
Board of directors of Paras Polymers Private Limited
Paras Polymers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Jain Also directs: Arc Machinery Fabricators Private Limited, Sree Synchem Private Limited, Bahubali International Private Limited and 1 more | Director | 10 Feb 1986 | 40 Years 8 Months | Current |
| Saurabh Jain | Director | 01 Dec 2003 | 22 Years 10 Months | Current |
| Sidharth Jain | Director | 01 Dec 2003 | 22 Years 10 Months | Current |
Peer comparison
Paras Polymers Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jignesh Agency Private Limited | ₹98.17 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Yash Chemex Limited | ₹97.53 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Paras Polymers Private Limitedthis company | ₹97.37 Cr (FY 2024) | ₹1.56 Cr | 1.6% | 9.0% | New Delhi, Delhi, India | |
| L.B. Polymers Private Limited | ₹96.71 Cr (FY 2025) | -12.0% | Vadodara, Gujarat, India | |||
| Purav Polymers Private Limited | ₹96.41 Cr (FY 2025) | 172.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Paras Polymers Private Limited, buy the company report.
Auditor
Paras Polymers Private Limited is audited by Ved Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ved Jain & Associates | FY 2023 | 001082N |
Shareholding
The shareholding of Paras Polymers Private 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 Paras Polymers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100794048 | Others | ₹10 Lakh | Open | |
| 01 Sep 2020 | 100411359 | Hdfc Bank Limited | ₹10.5 Cr | Open | |
| 19 Sep 2020 | 100375162 | Yes Bank Limited | ₹9 Cr | Satisfied | |
| 21 Jul 2018 | 100200838 | Yes Bank Limited | ₹12 Cr | Satisfied | |
| 03 Mar 2012 | 10344825 | Bank of India | ₹12 Cr | Satisfied |
To see the full charge records of Paras Polymers Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Paras Polymers Private Limited has 1 deal on record (1 secondary share transfer); the latest was in April 2010.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Paras International Private Limited Seller: Jindal Menthal Investment Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paras Polymers Private Limited has 43 court cases on record: 37 filed by Paras Polymers, 6 filed against it. 5 cases are pending and 38 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 3 | 3 |
| High courts | 8 | 3 | 2 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Ess Kay Enterprises | Pending |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Raja Udyog Pvt. Ltd. | Pending |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S Carafor Foam Pvt Ltd Carafor Foam Pvt Ltd | Disposed |
| District court, Rewari, Haryana | Execution petition | Filed by the company against M/S Carafor Foam Pvt. Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Carafor Foam Pvt Ltd and 2 others | Disposed |
To see the full case history of Paras Polymers 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.
Credit ratings & regulatory alerts
Paras Polymers Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of Paras Polymers Private Limited, buy the company report.
MSME payment delays
Paras Polymers Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 40 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 |
|---|---|---|---|
| Sanjay Chemicals (India) Private Limited | |||
| an individual supplier | |||
| Aarey Drugs and Pharmaceuticals Limited | |||
| Tradex Corporation | |||
| Valase Roadlines |
To see the full MSME payment records of Paras Polymers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paras Polymers has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACP1681K1ZB | Delhi | Active | 01 Jul 2017 |
| 06AAACP1681K1ZD | Haryana | Active | 01 Jul 2017 |
| 09AAACP1681K1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Polymers Private Limited, buy the company report.
Recent activity
Paras Polymers Private Limited has 3 board changes on record since 1986: 3 appointments. The latest: Saurabh Jain was appointed as Director on 01 Dec 2003.
12 earlier events are in the company report.
Frequently asked questions
Paras Polymers is an active private limited company based in New Delhi, Delhi, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 10 February 1986 (40+ years old) and is registered under CIN U74899DL1986PTC023294.
Paras Polymers has 3 current directors:
- Ashok Kumar Jain - Director
- Saurabh Jain - Director
- Sidharth Jain - Director
The latest financial statements of Paras Polymers 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 Polymers is 07AAACP1681K1ZB, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAACP1681K1ZD (Haryana), 09AAACP1681K1Z7 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Paras Polymers is U74899DL1986PTC023294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Polymers has 43 court cases on record: 37 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Paras Polymers was incorporated on 10 February 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Paras Polymers has 1 deal on record (1 secondary share transfer); the latest was in April 2010.
The peers of Paras Polymers by revenue are Jignesh Agency Private Limited, Yash Chemex Limited, L.B. Polymers Private Limited, Purav Polymers Private Limited, all in the Chemicals industry (Chemical Retail and Distribution, Polymers), with the same principal business activity (wholesale trading).
Saurabh Jain was appointed as Director on 01 Dec 2003. Sidharth Jain was appointed as Director on 01 Dec 2003. Ashok Kumar Jain was appointed as Director on 10 Feb 1986.
Paras Polymers has 5 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Paras Polymers can be reached through the website paraspolymers.org. Its registered office is in New Delhi, Delhi, India.