Paramitra Holdings Limited
About Paramitra Holdings Limited
Data last updated:
Paramitra Holdings Limited was a public limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 02 November 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC062495.
The company had an authorised share capital of ₹16.28 Cr and a paid-up capital of ₹49.68 Lakh. It was formerly known as Paramitra Holdings Private Limited and Param Mitter Coal Movers Private Limited. It was led by directors including Vritpal Sindhu and Rudra Sen Sindhu.
Its last annual general meeting (AGM) was held on 28 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 129 Transport Centre Rohtak Road Punjabi Bagh, New Delhi, Delhi, India – 110035.
As per the financials filed for FY 2020, the company reported a revenue of ₹97.23 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Cr (net margin 159.8%) and EBITDA of ₹3.11 Cr (EBITDA margin 320.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
Its group structure included 1 subsidiary.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Company details
Name history
Paramitra Holdings has undergone 2 name changes throughout its history. The company was previously known as Paramitra Holdings Private Limited, and Param Mitter Coal Movers Private Limited. The current legal name is Paramitra Holdings Limited.
| Company Name | Status |
|---|---|
| Paramitra Holdings Limited | Current |
| Paramitra Holdings Private Limited | Previous |
| Param Mitter Coal Movers Private Limited | Previous |
CIN history
Paramitra Holdings has one previous CIN (Corporate Identification Number): U74899DL1994PTC062495. The current CIN is U74899DL1994PLC062495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC062495 | Current |
| U74899DL1994PTC062495 | Previous |
Contact details
Paramitra Holdings Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address129 Transport Centre Rohtak Road Punjabi Bagh, New Delhi, Delhi, India – 110035
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Paramitra Holdings Limited, buy the company report.
- 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
Business activity
The main business activity of Paramitra Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Paramitra Holdings Limited, buy the company report.
Financials of Paramitra Holdings Limited
FY 2020 filings availableParamitra Holdings Limited reported revenue of ₹97.23 Lakh (up 6% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 55% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹97.23 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 320.3% | ||||
| Net Profit Margin | 159.8% | ||||
| 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 Paramitra Holdings Limited, buy the company report.
Board of directors of Paramitra Holdings Limited
Paramitra Holdings has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rudra Sen Sindhu Also directs: Param Mitra Mining Services LLP, Sindhu Trade Links Limited, Acb (India) Talcher Washery Private Limited and 5 more | Additional Director | 03 Dec 2011 | 14 Years 10 Months | As last reported |
| Vritpal Sindhu Also directs: Param Mitra Mining Services LLP, Acb (India) Power Limited, Param Mitra Manav Nirman Sansthan Foundation and 5 more | Director | 15 Feb 2013 | 13 Years 8 Months | As last reported |
| Vir Sen Sindhu Also directs: Param Mitra Mining Services LLP, Acb (India) Limited, Global Coal and Mining Private Limited and 3 more | Additional Director | 03 Dec 2011 | 14 Years 10 Months | As last reported |
Auditor
Paramitra Holdings Limited is audited by NGC & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NGC & ASSOCIATES | FY 2020 | 033401N |
Shareholding
The shareholding of Paramitra Holdings Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Paramitra Holdings Limited, buy the company report.
Legal cases
Paramitra Holdings Limited has 5 court cases on record: 3 filed by Paramitra Holdings, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by In the Matter of Vyapaar Private Limited & Ors. | Disposed |
| High Court | Company petition | Filed against the company by Re: Goodhope Vyapaar Pvt.Ltd,& Ors. | Disposed |
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed by the company | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company | Disposed |
To see the full case history of Paramitra Holdings 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
No delayed payments to MSME suppliers are on our record for Paramitra Holdings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Paramitra Holdings has 1 subsidiary company and 22 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indus Edumanagement Services Private Limited | U80900DL2010PTC207128 |
To see the full group structure of Paramitra Holdings Limited, buy the company report.
GST
No GST registration is on our record for Paramitra Holdings Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paramitra Holdings Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Vritpal Sindhu ceased to be Additional Director on 10 Sep 2013.
Frequently asked questions
Paramitra Holdings has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Paramitra Holdings was a public limited company based in New Delhi, Delhi, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 02 November 1994 and is registered under CIN U74899DL1994PLC062495. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paramitra Holdings was incorporated on 02 November 1994. It is registered with the Registrar of Companies, Delhi.
Paramitra Holdings had 3 directors:
- Rudra Sen Sindhu - Additional Director
- Vritpal Sindhu - Director
- Vir Sen Sindhu - Additional Director
The CIN (Corporate Identification Number) of Paramitra Holdings is U74899DL1994PLC062495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paramitra Holdings is at 129 Transport Centre Rohtak Road Punjabi Bagh, New Delhi, Delhi, India – 110035.
The latest financial statements of Paramitra Holdings on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 28 December 2020. Year-wise statements from 2015 are in the company report.
Paramitra Holdings operated in the financial services industry, in the diversified financial services segment.
Paramitra Holdings has 5 court cases on record: 3 filed by the company and 2 filed against it.
Vritpal Sindhu ceased to be Additional Director on 10 Sep 2013. Abhimanyu Sindhu ceased to be Additional Director on 15 Feb 2013. Ekta Sindhu ceased to be Additional Director on 15 Feb 2013. Paramitra Holdings has 8 board changes on record in total.