MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0002392
Paradise Rubbers Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.65 Cr
▲ 22% YoY
Net profit · FY 2025
₹24.7 Lakh
Net margin 6.8%
EBITDA · FY 2025
₹62.88 Lakh
EBITDA margin 17.2%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹7.5 Lakh
Issued & subscribed
Open charges
₹13.9 Lakh
Satisfied ₹1.69 Cr
Company age
32 yrs
Est. 1994
Directors on board
3
As per MCA filings
About Paradise Rubbers Private Limited
Data last updated:
Paradise Rubbers Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ1994PTC138149. Its GSTIN is 24AAACP2149J1ZK (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Viresh Navnitlal Laliwala (Managing Director) and Jayesh Navnitlal Laliwala.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 1437 GIDC Estate Waghodia, Vadodara, Gujarat, India – 391760.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.65 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹24.7 Lakh (net margin 6.8%) and EBITDA of ₹62.88 Lakh (EBITDA margin 17.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹13.9 Lakh and satisfied charges of ₹1.69 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Paradise Rubbers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0002392). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paradisebelts.com.
Company details
CIN U36100GJ1994PTC138149
Registration Number 138149
Incorporation Date 07 October 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0002392
CIN history
Paradise Rubbers has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U36100GJ1994PTC138149, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100GJ1994PTC138149 | Current |
| U25910MH1994PTC081818 | Previous |
| U36100MH1994PTC081818 | Previous |
Key People
Viresh Navnitlal Laliwala Managing Director Jayesh Navnitlal Laliwala Director Akshay Viresh Laliwala Director Recognitions & Rankings of Paradise Rubbers
Contact details
Paradise Rubbers Private Limited's registered office is in Vadodara, Gujarat. Its website is paradisebelts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1437 GIDC Estate Waghodia, Vadodara, Gujarat, India – 391760
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Paradise Rubbers Private Limited, buy the company report.
Comprehensive company report
Paradise Rubbers Private 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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Business activity
The main business activity of Paradise Rubbers is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Paradise Rubbers Private Limited, buy the company report.
Financials of Paradise Rubbers Private Limited
FY 2025 filings availableParadise Rubbers Private Limited reported revenue of ₹3.65 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹3.65 Cr ▲ 22%
Net profit · FY 2025
₹24.7 Lakh margin 6.8%
EBITDA · FY 2025
₹62.88 Lakh margin 17.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 15%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 24%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 22% growth in the latest year. EBITDA rose 37% 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 |
|---|---|---|---|---|---|
| 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 | ₹62.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 17.2% | ||||
| Net Profit Margin | 6.8% | ||||
| 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 Rubbers Private Limited, buy the company report.
Board of directors of Paradise Rubbers Private Limited
Paradise Rubbers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viresh Navnitlal Laliwala | Managing Director | 01 Jul 2009 | 17 Years 4 Months | Current |
| Jayesh Navnitlal Laliwala | Director | 07 Oct 1994 | 32 Years 1 Months | Current |
| Akshay Viresh Laliwala | Director | 29 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Paradise Rubbers Private Limited is audited by DHIREN Y. PARIKH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHIREN Y. PARIKH & CO. | FY 2023 | 130808W |
Shareholding
The shareholding of Paradise Rubbers 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 Paradise Rubbers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.9 Lakh
Satisfied charges
₹1.69 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2022 | 100625248 | Canara Bank | ₹13.9 Lakh | Open | |
| 06 Apr 2023 | 100707814 | Canara Bank | ₹7.5 Lakh | Satisfied | |
| 30 Oct 2021 | 100502461 | Canara Bank | ₹13 Lakh | Satisfied | |
| 30 Jan 2016 | 10622076 | Canara Bank | ₹60 Lakh | Satisfied | |
| 26 Feb 2014 | 10481468 | Canara Bank | ₹6.64 Lakh | Satisfied |
To see the full charge records of Paradise Rubbers Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Paradise Rubbers Private Limited has 2 court cases on record: 2 filed by Paradise Rubbers. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Ms Hyquip Automotiions Ltd | Disposed |
To see the full case history of Paradise Rubbers 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
Paradise Rubbers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Belting Enterprises Private Limited |
To see the full MSME payment records of Paradise Rubbers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Paradise Rubbers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP2149J1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paradise Rubbers Private Limited, buy the company report.
Recent activity
Paradise Rubbers Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Parul Viresh Laliwala ceased to be Director on 01 Mar 2018.
Charges
A charge registered on 30 Jan 2016 via Charge ID 10622076 with Canara Bank was fully satisfied on 01 Oct 2025.
AGM
Paradise Rubbers Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 60.00 Lakh registered on 30 Jan 2016 with Charge ID 10622076 was modified on 08 Aug 2025.
Charges
A charge registered on 30 Oct 2021 via Charge ID 100502461 with Canara Bank was fully satisfied on 22 Jul 2025.
Filing
Paradise Rubbers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 06 Apr 2023 via Charge ID 100707814 with Canara Bank was fully satisfied on 14 Feb 2025.
Charges
A charge with Canara Bank amounted to Rs. 7.50 Lakh with Charge ID 100707814 was registered on 06 Apr 2023.
Charges
A charge with Canara Bank amounted to Rs. 13.90 Lakh with Charge ID 100625248 was registered on 12 Oct 2022.
Charges
A charge with Canara Bank amounted to Rs. 13.00 Lakh with Charge ID 100502461 was registered on 30 Oct 2021.
Charges
A charge registered on 26 Feb 2014 via Charge ID 10481468 with Canara Bank was fully satisfied on 14 Sep 2020.
Charges
A charge registered on 05 Apr 2004 via Charge ID 90214080 with Canara Bank was fully satisfied on 03 Sep 2020.
Charges
A charge registered on 30 Jan 2004 via Charge ID 90214048 with Canara Bank was fully satisfied on 03 Sep 2020.
21 earlier events are in the company report.
Frequently asked questions
Paradise Rubbers is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 October 1994 (32+ years old) and is registered under CIN U36100GJ1994PTC138149.
Paradise Rubbers has 3 current directors:
- Viresh Navnitlal Laliwala - Managing Director
- Jayesh Navnitlal Laliwala - Director
- Akshay Viresh Laliwala - Director
The latest financial statements of Paradise Rubbers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paradise Rubbers is 24AAACP2149J1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paradise Rubbers is U36100GJ1994PTC138149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paradise Rubbers has 2 court cases on record: 2 filed by the company.
Paradise Rubbers was incorporated on 07 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parul Viresh Laliwala ceased to be Director on 01 Mar 2018. Akshay Viresh Laliwala was appointed as Director on 29 Sep 2012. Viresh Navnitlal Laliwala was appointed as Managing Director on 01 Jul 2009. Paradise Rubbers has 4 board changes on record in total.
Yes, Paradise Rubbers is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0002392).
Paradise Rubbers has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 17 May 2019.
Paradise Rubbers can be reached through the website paradisebelts.com. Its registered office is in Vadodara, Gujarat, India.
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