Paradise Power & Sponge Limited Company Logo

Paradise Power & Sponge Limited - Company Profile

It is a metals and minerals public limited company based in Rajkot, Gujarat, India, established in 2017.

2017 | Rajkot, Gujarat, India | Active
Last Updated:

About Paradise Power & Sponge Limited

Paradise Power & Sponge Limited, a active public limited company, was established on 11 April 2017 in Rajkot, Gujarat, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U28900GJ2017PLC096793. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.00 Cr and a paid-up capital of ₹4.00 Cr.

It upholds a compliant status. Employing 7 professional, Its leadership includes Komalben Vishalbhai Nandasana (Director), Narshibhai Rukhabhai Nandasana (Director), Vishal Dayabhai Nandasana (Director). Past directors included Kailash Rameshbhai Kanani, Rohitkumar Kanani, Prema Kumar Doddamitta. It holds ₹26.48 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Movaiya, Survey No.188/P3,B/H. Essar Petroleum, Rajkot-Jamnagar Highway, Paddhari, Rajkot, Gujarat, 360110.

Company Details

  • CIN/LLPIN

    U28900GJ2017PLC096793

  • Registration Number

    096793

  • Incorporation Date

    11 April 2017

  • Authorized Capital

    ₹4.00 Cr

  • Paid-Up Capital

    ₹4.00 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 26.48 Cr
  • Revenue Growth 29.20%
  • Profit Growth 108.67%
  • Ebitda 20.81%
  • Net Worth 7.70%
  • Total Assets 33.22%
Company report

Paradise Power & Sponge Limited

Company Report FY 2025-2026

Explore comprehensive insights into Paradise Power & Sponge Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Paradise Power & Sponge Limited?

Current Directors

NameDesignationAppointment DateStatus
Komalben Vishalbhai NandasanaDirector11 Apr 2017Current
Narshibhai Rukhabhai NandasanaDirector07 Jan 2019Current
Vishal Dayabhai NandasanaDirector11 Apr 2017Current
Kirit Dayalal NandasanaDirector11 Apr 2017Current
Mansiben Kiritbhai NandasanaDirector11 Apr 2017Current
Vipulbhai Popatbhai NandasanaDirector11 Apr 2017Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector07 Jan 2019Past
Pramod AbcsddDirector07 Jan 2019Past
Pramod AbcsddOther Promoter-Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Paradise Power & Sponge.

Paradise Power & Sponge Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.2% increase. The company also saw a substantial improvement in profitability, with a 108.67% increase in profit. The company's net worth moved up by a moderate rise of 7.7%.

Paradise Power & Sponge revenue growth over time
Paradise Power & Sponge profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.20%
Revenue from Operations
29.09%
Total Assets
33.22%
Profit or Loss
108.67%
Net Worth
7.70%
EBITDA
20.81%

What is the Ownership and Shareholding Structure of Paradise Power & Sponge?

In 2023, Paradise Power & Sponge had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹264,816,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.92 Cr
  • Bank Of India : 9.91 Cr
  • State Bank Of India : 6.65 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2021Others₹9.92 CrOpen
29 Sep 2021Bank Of India₹9.91 CrOpen
27 Jul 2020State Bank Of India₹6.65 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Paradise Power & Sponge?

Paradise Power & Sponge has a workforce of 7 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Paradise Power & Sponge Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paradise Power & Sponge, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paradise Power & Sponge's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paradise Power & Sponge

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Paradise Power & Sponge Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Bank Of India of Rs. 9.91 Cr registered on 29 Sep 2021 with Charge ID 100509109 was modified on 13 May 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Paradise Power & Sponge Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    A charge with Others amounted to Rs. 9.92 Cr with Charge ID 100505802 was registered on 29 Oct 2021. was recorded as a recent event.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 9.91 Cr with Charge ID 100509109 was registered on 29 Sep 2021. was completed.

  • Charges

    Progress on A charge with State Bank Of India amounted to Rs. 6.65 Cr with Charge ID 100360052 was registered on 27 Jul 2020. was documented.

Frequently Asked Questions

  • What is the CIN of Paradise Power & Sponge Limited?

    The CIN of Paradise Power & Sponge Limited is U28900GJ2017PLC096793.

  • Where is Paradise Power & Sponge Limited headquartered?

    Paradise Power & Sponge Limited is headquartered at Movaiya, Survey No.188/P3,B/H. Essar Petroleum, Rajkot-Jamnagar Highway, Paddhari, Rajkot, Gujarat, 360110.

  • When was Paradise Power & Sponge Limited incorporated?

    Paradise Power & Sponge Limited was incorporated on 11 April 2017.

  • Who are the current directors of Paradise Power & Sponge Limited?

    The current directors of Paradise Power & Sponge Limited are

  • What is the primary industry of Paradise Power & Sponge Limited?

    The primary industry of Paradise Power & Sponge Limited is Manufacturing.

  • Is Paradise Power & Sponge Limited a listed company?

    Paradise Power & Sponge Limited is unlisted.

  • What is the capital structure of Paradise Power & Sponge Limited?

    The authorized capital of Paradise Power & Sponge Limited is ₹4.00 Cr, and the paid-up capital is ₹4.00 Cr.

  • What is the compliance status of Paradise Power & Sponge Limited?

    The compliance status of Paradise Power & Sponge Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial