- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0000377

About Panam Cylinders Private Limited
Data last updated:
Panam Cylinders Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL1997PTC086937. Its GSTIN is 02AAACP9452E1ZP (Himachal Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.14 Lakh. It was formerly known as Panam Electronics Private Limited. It is led by directors including Suresh Kumar Rathi and Sachin Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 2/188 Janak Puri, New Delhi, Delhi, India – 110058.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.32 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹5.72 Lakh (net margin 0.2%) and EBITDA of ₹83.29 Lakh (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 12% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.6 Cr and satisfied charges of ₹5.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Panam Cylinders Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0000377). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panamcylinders.co.in.
Company details
CIN history
Panam Cylinders has one previous CIN (Corporate Identification Number): U29308DL1997PTC086937. The current CIN is U29253DL1997PTC086937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253DL1997PTC086937 | Current |
| U29308DL1997PTC086937 | Previous |
Recognitions & Rankings of Panam Cylinders
Contact details
Panam Cylinders Private Limited's registered office is in New Delhi, Delhi. Its website is panamcylinders.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 2/188 Janak Puri, New Delhi, Delhi, India – 110058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Panam Cylinders 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 Panam Cylinders is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Panam Cylinders Private Limited, buy the company report.
Financials of Panam Cylinders Private Limited
FY 2024 filings availablePanam Cylinders Private Limited reported revenue of ₹24.32 Cr (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. 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 |
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| EBITDA | ₹83.29 Lakh | ||||
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| Net Profit (PAT) | ₹5.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Panam Cylinders Private Limited, buy the company report.
Board of directors of Panam Cylinders Private Limited
Panam Cylinders has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Rathi Also directs: Kunchunpore Tea Co Ltd | Director | 05 Aug 2011 | 15 Years 3 Months | Current |
| Sachin Gupta Also directs: Foster Eduservices LLP, M R Tubes Private Ltd | Director | 02 Feb 1998 | 28 Years 9 Months | Current |
| Aditya Jhawar | Director | 10 Apr 2012 | 14 Years 7 Months | Current |
| Rakesh Gupta Also directs: Pee Ess Dishnet Private Limited | Director | 05 Aug 2011 | 15 Years 3 Months | Current |
| Radheshyam Jhanwar | Director | 10 Apr 2012 | 14 Years 7 Months | Current |
| Satish Gupta Also directs: M R Tubes Private Ltd, Pee Ess Dishnet Private Limited | Director | 10 Apr 2012 | 14 Years 7 Months | Current |
Auditor
Panam Cylinders Private Limited is audited by RAVI RAMESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVI RAMESH & ASSOCIATES | FY 2023 | 004306N |
Shareholding
The shareholding of Panam Cylinders 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 Panam Cylinders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2025 | 101050379 | Others | ₹1 Cr | Open | |
| 21 Nov 2012 | 10392336 | State Bank of India | ₹5.6 Cr | Open | |
| 19 Jan 2018 | 100192226 | Tata Capital Financial Services Limited | ₹2.5 Cr | Satisfied | |
| 19 Jan 2018 | 100192508 | Tata Capital Financial Services Limited | ₹2.5 Cr | Satisfied | |
| 23 Nov 2010 | 10254956 | Bank of India | ₹4.5 Lakh | Satisfied |
To see the full charge records of Panam Cylinders Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Panam Cylinders Private Limited has 1 court case on record: 1 filed by Panam Cylinders. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 2 Others | Disposed |
To see the full case history of Panam Cylinders 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 Panam Cylinders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panam Cylinders Private Limited has a workforce of 30 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 30 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Panam Cylinders Private Limited, buy the company report.
GST
Panam Cylinders has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACP9452E1ZP | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panam Cylinders Private Limited, buy the company report.
Recent activity
Panam Cylinders Private Limited has 7 board changes on record since 1998: 6 appointments and 1 cessation. The latest: Aditya Jhawar was appointed as Director on 10 Apr 2012.
7 earlier events are in the company report.
Frequently asked questions
Panam Cylinders is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 April 1997 (29+ years old) and is registered under CIN U29253DL1997PTC086937.
Panam Cylinders has 6 current directors:
- Suresh Kumar Rathi - Director
- Sachin Gupta - Director
- Aditya Jhawar - Director
- Rakesh Gupta - Director
- Radheshyam Jhanwar - Director
- Satish Gupta - Director
The latest financial statements of Panam Cylinders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Panam Cylinders is 02AAACP9452E1ZP, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Panam Cylinders is U29253DL1997PTC086937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panam Cylinders has 1 court case on record: 1 filed by the company.
Panam Cylinders was incorporated on 29 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Aditya Jhawar was appointed as Director on 10 Apr 2012. Radheshyam Jhanwar was appointed as Director on 10 Apr 2012. Satish Gupta was appointed as Director on 10 Apr 2012. Panam Cylinders has 7 board changes on record in total.
Yes, Panam Cylinders is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0000377).
Panam Cylinders can be reached through the website panamcylinders.co.in. Its registered office is in New Delhi, Delhi, India.

