Paradise Iron Limited - metals and minerals in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U28999GJ2017PLC095191 Incorporated 19 January 2017 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Public Limited Company metals and minerals
Data last updated
Revenue · FY 2023
₹60
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹16.57 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
GST registrations
1
None active
Last financials
Mar 2025
Balance sheet date

About Paradise Iron Limited

Data last updated:

Paradise Iron Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 19 January 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2017PLC095191. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vishal Dayabhai Nandasana and Nitinkumar Khodidas Kanani.

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 115 – Ronak Complex Near Malaviya Vadi Gondal Road, Rajkot, Gujarat, India – 360002.

As per MCA filings, the company has open charges of ₹16.57 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paradiseind.in.

Company details

CIN U28999GJ2017PLC095191
Registration Number 095191
Incorporation Date 19 January 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Paradise Iron Limited's registered office is in Rajkot, Gujarat. Its website is paradiseind.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    115 – Ronak Complex Near Malaviya Vadi Gondal Road, Rajkot, Gujarat, India – 360002
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing

To see the full contact details of Paradise Iron Limited, buy the company report.

Comprehensive company report
Paradise Iron Limited - one report that includes everything
  • 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
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Financials of Paradise Iron Limited

FY 2025 filings available

Paradise Iron Limited reported revenue of ₹60 (down 100% YoY) for FY 2023.

Revenue · FY 2023
₹60 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 8%
5 years · compounded
▼ 81%

Revenue has declined at a compounded annual rate (CAGR) of 81% over five years. 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹60
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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 Paradise Iron Limited, buy the company report.

Board of directors of Paradise Iron Limited

Paradise Iron has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishal Dayabhai NandasanaDirector19 Jan 20179 Years 9 MonthsCurrent
Nitinkumar Khodidas KananiDirector09 Feb 20179 Years 8 MonthsCurrent
Manojkumar Keshavjibhai ViramgamaDirector19 Jan 20179 Years 9 MonthsCurrent
Kirit Dayalal NandasanaDirector19 Jan 20179 Years 9 MonthsCurrent

Auditor

Paradise Iron Limited is audited by H T A AND ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H T A AND ASSOCIATESFY 2023120457W

Shareholding

The shareholding of Paradise Iron 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paradise Iron Limited, buy the company report.

Charges & borrowings

Open charges
₹16.57 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹9.92 Cr
State Bank of India₹6.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Oct 2021100511574Others₹9.92 CrOpen
27 Jul 2020100360053State Bank of India₹6.65 CrOpen

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Paradise Iron Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Paradise Iron has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Paradise Iron Limited, buy the company report.

Recent activity

Paradise Iron Limited has 4 board changes on record since 2017: 4 appointments. The latest: Nitinkumar Khodidas Kanani was appointed as Director on 09 Feb 2017.

AGM
Paradise Iron Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paradise Iron Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 992.00 Lakh with Charge ID 100511574 was registered on 29 Oct 2021.
Charges
A charge with State Bank Of India amounted to Rs. 665.00 Lakh with Charge ID 100360053 was registered on 27 Jul 2020.
Appointed
Nitinkumar Khodidas Kanani was appointed as Director.
Appointed
Kirit Dayalal Nandasana was appointed as Director.
Appointed
Manojkumar Keshavjibhai Viramgama was appointed as Director.
Appointed
Vishal Dayabhai Nandasana was appointed as Director.
Incorporation
19 Jan 2017
Paradise Iron Limited was registered on 19 Jan 2017 with Roc Ahmedabad & aged 9 years 9 months as per MCA records.

Frequently asked questions

Paradise Iron is an active public limited company based in Rajkot, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 19 January 2017 (9+ years old) and is registered under CIN U28999GJ2017PLC095191.

Paradise Iron has 4 current directors:

The latest financial statements of Paradise Iron 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 FY 2017 are in the company report.

No. Paradise Iron has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Paradise Iron is U28999GJ2017PLC095191. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paradise Iron was incorporated on 19 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Nitinkumar Khodidas Kanani was appointed as Director on 09 Feb 2017. Kirit Dayalal Nandasana was appointed as Director on 19 Jan 2017. Manojkumar Keshavjibhai Viramgama was appointed as Director on 19 Jan 2017. Paradise Iron has 4 board changes on record in total.

Paradise Iron can be reached through the website paradiseind.in. Its registered office is in Rajkot, Gujarat, India.

The registered office of Paradise Iron is at 115 – Ronak Complex Near Malaviya Vadi Gondal Road, Rajkot, Gujarat, India – 360002.

Paradise Iron operates in the metals and minerals industry, in the steel manufacturing and processing segment.