Parag Velvets Private Limited - Company Profile

It is a manufacturing private limited company based in Mumbai, Maharashtra, India, established in 1976.
1976 Mumbai, Maharashtra, India Active
Last Updated:
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About Parag Velvets Private Limited

Parag Velvets Private Limited, a active private limited company, was established on 22 May 1976 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17300MH1976PTC019030. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹4.40 M.

It upholds a compliant status. Its leadership includes Dhruv Kumar Somani (Director), Dilip Kumar Pandey (Additional Director). Past directors included Ashish Kumar Suresh Kumar Pandey, Ramnarayan Nathmal Somani, Shreeprakash Somani. It holds ₹22.17 Cr open charges and ₹62.14 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 158/164 Kalbadevi Roadlaxmi Bhawan, Mumbai, Maharashtra, 400002.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17300MH1976PTC019030

  • Registration Number

    019030

  • Incorporation Date

    22 May 1976

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹4.40 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 4.40 M
  • Company Age 49 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 22.17 Cr
  • Satisfied Charges ₹ 62.14 Cr
Company report

Parag Velvets Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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

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Who are the key members and board of directors at Parag Velvets Private Limited?
Current Directors
Name Designation Appointment Date Status
Dhruv Kumar Somani Director 30 Apr 2021 Current
Dilip Kumar Pandey Additional Director 10 Oct 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 07 May 2021 Past
Pramod Abcsdd Director 11 Dec 2013 Past
Pramod Abcsdd Director 11 Dec 2013 Past
Pramod Abcsdd Director 02 Apr 2008 Past
Pramod Abcsdd Director 13 Apr 2019 Past
Pramod Abcsdd Director 01 Dec 2015 Past

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Financial Performance of Parag Velvets.

Parag Velvets Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Parag Velvets revenue growth over time
Parag Velvets profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Parag Velvets?

In 2023, Parag Velvets had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹221,728,040.00

Satisfied Charges

₹621,416,000.00

Charges Breakdown by Lending Institutions
  • Others : 20.87 Cr
  • Karnataka Bank Ltd. : 1.20 Cr
  • Union Bank Of India : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
28 Nov 2025 Others ₹12.14 Cr Open
20 Jun 2022 Others ₹8.73 Cr Open
14 Aug 1996 Karnataka Bank Ltd. ₹1.20 Cr Open
16 Feb 1996 Union Bank Of India ₹0.26 M Open
04 Oct 1994 Union Bank Of India ₹0.45 M Open

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How Many Employees Work at Parag Velvets?

Unlock and access historical data on people associated with Parag Velvets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parag Velvets, 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 Parag Velvets's trajectory.

Rating
Graph displaying rating trends over time

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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.

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Latest Updates, News, and FAQs on Parag Velvets
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 12.14 Cr with Charge ID 101198510 was registered on 28 Nov 2025. was documented.

  • Charges

    The activity A charge registered on 08 Aug 2024 via Charge ID 100966842 with Tata Capital Housing Finance Limited was fully satisfied on 26 Nov 2025. was completed.

  • Director Appointment

    Dilip Kumar Pandey was appointed as a Additional Director was appointed as a Additional Director on 10 Oct 2025 & has been associated with this company since 4 months 8 days . was recorded as a recent event.

  • Annual General Meeting

    Progress on Parag Velvets Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Parag Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge registered on 25 Apr 2014 via Charge ID 10515431 with Karnataka Bank Ltd. was fully satisfied on 04 Feb 2025. was completed.

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Frequently Asked Questions
What is the CIN of Parag Velvets Private Limited?

The CIN of Parag Velvets Private Limited is U17300MH1976PTC019030.

Where is Parag Velvets Private Limited headquartered?

Parag Velvets Private Limited is headquartered at 158/164 Kalbadevi Roadlaxmi Bhawan, Mumbai, Maharashtra, 400002.

When was Parag Velvets Private Limited incorporated?

Parag Velvets Private Limited was incorporated on 22 May 1976.

Who are the current directors of Parag Velvets Private Limited?

The current directors of Parag Velvets Private Limited are

What is the primary industry of Parag Velvets Private Limited?

The primary industry of Parag Velvets Private Limited is Manufacturing.

Is Parag Velvets Private Limited a listed company?

Parag Velvets Private Limited is unlisted.

What is the capital structure of Parag Velvets Private Limited?

The authorized capital of Parag Velvets Private Limited is ₹2.00 Cr, and the paid-up capital is ₹4.40 M.

What is the compliance status of Parag Velvets Private Limited?

The compliance status of Parag Velvets Private Limited is Compliant.

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