Parag Velvets Private Limited
About Parag Velvets Private Limited
Data last updated: 04 January 2026
Parag Velvets Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Silva Trading And Agencies Private Limited. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 22 May 1976, the company has been in operation for over 50 years.
Registered with ROC Mumbai under CIN U17300MH1976PTC019030.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹44 Lakh. It is led by directors Dhruv Kumar Somani and Dilip Kumar Pandey.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 158/164 Kalbadevi Roadlaxmi Bhawan, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.79 Cr, a decline of 11% compared to the previous year.
It operates as a subsidiary of Silva Trading And Agencies Private Limited.
As per MCA filings, the company has open charges of ₹22.17 Cr and satisfied charges of ₹62.14 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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Registered Address158/164 Kalbadevi Roadlaxmi Bhawan, Mumbai, Maharashtra, India – 400002
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
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Business Activity of Parag Velvets Private Limited
Parag Velvets Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Parag Velvets Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Parag Velvets Private Limited
Parag Velvets Private Limited is audited by Mandhania & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mandhania & Associates | Locked | Locked | Locked |
Complete auditor history for Parag Velvets Private Limited
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Board of Directors of Parag Velvets Private Limited
Parag Velvets Private Limited is currently managed by 2 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Dhruv Kumar Somani
Also directs:
Sukh Karta Textiles Private Limited, Excel Craft Private Limited, Silva Trading And Agencies Private Limited and 3 more
|
Director | 30 Apr 2021 | 5 Years 3 Months | Current |
| Dilip Kumar Pandey | Additional Director | 10 Oct 2025 | 0 Years 10 Months | Current |
Financials of Parag Velvets Private Limited FY 2025 filings available
Parag Velvets Private Limited reported revenue of ₹25.79 Cr (down 11.00% YoY) for FY 2024.
Ten-year financial statements for Parag Velvets Private Limited
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Ownership and Shareholding of Parag Velvets Private Limited
Shareholding and ownership data for Parag Velvets Private Limited
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Charges & Borrowings of Parag Velvets Private Limited
| 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. | ₹1.2 Cr | Open |
| 16 Feb 1996 | Union Bank of India | ₹2.57 Lakh | Open |
| 04 Oct 1994 | Union Bank of India | ₹4.5 Lakh | Open |
Total charge records: 23 View all charges
Employees and EPFO Compliance at Parag Velvets Private Limited
View historical data on people associated with Parag Velvets Private Limited, including employment history and EPFO contributions.
Employee and EPFO history for Parag Velvets Private Limited
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GST Compliance of Parag Velvets Private Limited
GST registrations and filing compliance for Parag Velvets Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Parag Velvets Private Limited
Credit ratings, litigation, and regulatory alerts for Parag Velvets Private Limited
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MSME Payment Delays by Parag Velvets Private Limited
MSME payment history for Parag Velvets Private Limited
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Subsidiaries & Group Companies of Parag Velvets Private Limited
Corporate group structure for Parag Velvets Private Limited
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MCA Filings & Documents of Parag Velvets Private Limited
MCA filings and documents for Parag Velvets Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Parag Velvets Private Limited
Frequently Asked Questions about Parag Velvets Private Limited
Parag Velvets Private Limited is an active private limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 22 May 1976 (50+ years old) and is registered under CIN U17300MH1976PTC019030.
Parag Velvets Private Limited reported revenue of ₹25.79 Cr for FY 2024 (down 11.00% YoY).
The current directors of Parag Velvets Private Limited are:
- Dhruv Kumar Somani - Director
- Dilip Kumar Pandey - Additional Director
The primary industry of Parag Velvets Private Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Parag Velvets Private Limited can be reached at the registered office: 158164 Kalbadevi Roadlaxmi Bhawan, Mumbai, Maharashtra, India – 400002.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹44 Lakh.