MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-WB-10-0015343
Paramoount Niryaat Private Limited - home & lifestyle in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹7.26 Cr
▼ 22% YoY
Net profit · FY 2022
₹1.13 Lakh
Net margin 0.2%
EBITDA · FY 2022
₹42.06 Lakh
EBITDA margin 5.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹64.9 Lakh
Issued & subscribed
Open charges
₹8.55 Cr
Satisfied ₹4.03 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
21
Provident fund records
About Paramoount Niryaat Private Limited
Data last updated:
Paramoount Niryaat Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the lifestyle products and accessories manufacturing segment of the home and lifestyle products sector. It was incorporated on 17 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U19121WB2009PTC137809. Its GSTIN is 19AAFCP1398E1Z8 (West Bengal).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹64.9 Lakh. It is led by directors including Vishal Tolasaria and Arun Tolasaria.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at C/O Sri Arun Tolasaria 2 Bediadanga First Lane, Kolkata, West Bengal, India – 700039.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.26 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹1.13 Lakh (net margin 0.2%) and EBITDA of ₹42.06 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 14% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paramount Niryaat. As per MCA filings, the company has open charges of ₹8.55 Cr and satisfied charges of ₹4.03 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 9 cases are pending.
Paramoount Niryaat Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0015343). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramoount.com.
Company details
CIN U19121WB2009PTC137809
Registration Number 137809
Incorporation Date 17 August 2009
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0015343
Recognitions & Rankings of Paramoount Niryaat
Contact details
Paramoount Niryaat Private Limited's registered office is in Kolkata, West Bengal. Its website is paramoount.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/O Sri Arun Tolasaria 2 Bediadanga First Lane, Kolkata, West Bengal, India – 700039
- IndustryHome & Lifestyle, Lifestyle Products & Accessories Manufacturing
To see the full contact details of Paramoount Niryaat Private Limited, buy the company report.
Comprehensive company report
Paramoount Niryaat 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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Brands
Paramoount Niryaat operates one associated brand: Paramount Niryaat. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Export services and trade operations from Kolkata, India. | paramoount.com |
Business activity
The main business activity of Paramoount Niryaat is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Paramoount Niryaat Private Limited, buy the company report.
Financials of Paramoount Niryaat Private Limited
FY 2022 filings availableParamoount Niryaat Private Limited reported revenue of ₹7.26 Cr (down 22% YoY) for FY 2022.
Revenue · FY 2022
₹7.26 Cr ▼ 22%
Net profit · FY 2022
₹1.13 Lakh margin 0.2%
EBITDA · FY 2022
₹42.06 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 25%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 16%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 22% fall in the latest year. EBITDA fell 22% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.13 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 0.2% | ||||
| 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 Paramoount Niryaat Private Limited, buy the company report.
Board of directors of Paramoount Niryaat Private Limited
Paramoount Niryaat has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Tolasaria Also directs: B.S.T.International Private Limited | Director | 17 Aug 2009 | 17 Years 2 Months | Current |
| Arun Tolasaria | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Neha Tolasaria | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
Auditor
Paramoount Niryaat Private Limited is audited by BHURA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHURA & CO | FY 2022 | 320079E |
Shareholding
The shareholding of Paramoount Niryaat Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramoount Niryaat Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.55 Cr
Satisfied charges
₹4.03 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2017 | 100144717 | Axis Bank Limited | ₹8.55 Cr | Open | |
| 04 Oct 2010 | 10246364 | Indian Overseas Bank | ₹4.03 Cr | Satisfied |
To see the full charge records of Paramoount Niryaat Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Paramoount Niryaat Private Limited has 12 court cases on record: 1 filed by Paramoount Niryaat, 11 filed against it. 9 cases are pending and 3 are disposed.
Total cases
12
Filed by the company
1
Filed against the company
11
Pending
9
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 8 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (EC-COM) | Filed against the company by 20 Cube Logistics Solutions Pvt Ltd Dwipraj Basu | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Krishna Motor Finance P Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Ceva Logistics India Pvt Ltd Authorised Representative Mr. Usmangani Patel | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by 20 Cube Logistics Solutions Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S Ceva Logistics India Pvt Ltd Authorised Representative Mr. Usmangani Patel | Pending |
To see the full case history of Paramoount Niryaat 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
No delayed payments to MSME suppliers are on our record for Paramoount Niryaat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paramoount Niryaat Private Limited has a workforce of 21 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
-8.7%
GST
Paramoount Niryaat has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCP1398E1Z8 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramoount Niryaat Private Limited, buy the company report.
Recent activity
Paramoount Niryaat Private Limited has 6 board changes on record since 2009: 3 appointments and 3 cessations. The latest: Mohammed Kamaluddin ceased to be Director on 02 Mar 2022.
AGM
Paramoount Niryaat Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Paramoount Niryaat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kolkata.
Ceased
Mohammed Kamaluddin ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 8.55 Cr registered on 28 Nov 2017 with Charge ID 100144717 was modified on 02 Jan 2022.
Appointed
Arun Tolasaria was appointed as Director.
Appointed
Neha Tolasaria was appointed as Director.
Ceased
Arun Tolasaria ceased to be Director.
Ceased
Neha Tolasaria ceased to be Director.
Charges
A charge registered on 04 Oct 2010 via Charge ID 10246364 with Indian Overseas Bank was fully satisfied on 01 Dec 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.55 Cr with Charge ID 100144717 was registered on 28 Nov 2017.
Charges
A charge with Indian Overseas Bank of Rs. 4.03 Cr registered on 04 Oct 2010 with Charge ID 10246364 was modified on 03 Jun 2017.
Charges
A charge with Indian Overseas Bank amounted to Rs. 4.03 Cr with Charge ID 10246364 was registered on 04 Oct 2010.
2 earlier events are in the company report.
Frequently asked questions
Paramoount Niryaat is an active private limited company based in Kolkata, West Bengal, India. The company works in lifestyle products and accessories manufacturing, within the home and lifestyle industry. It was incorporated on 17 August 2009 (17+ years old) and is registered under CIN U19121WB2009PTC137809.
Paramoount Niryaat has 3 current directors:
- Vishal Tolasaria - Director
- Arun Tolasaria - Director
- Neha Tolasaria - Director
The latest financial statements of Paramoount Niryaat on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramoount Niryaat is 19AAFCP1398E1Z8, registered in West Bengal.
The CIN (Corporate Identification Number) of Paramoount Niryaat is U19121WB2009PTC137809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramoount Niryaat has 12 court cases on record: 1 filed by the company and 11 filed against it. 9 are pending. Most are in the district courts.
Paramoount Niryaat was incorporated on 17 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Mohammed Kamaluddin ceased to be Director on 02 Mar 2022. Arun Tolasaria was appointed as Director on 01 Feb 2021. Neha Tolasaria was appointed as Director on 01 Feb 2021. Paramoount Niryaat has 6 board changes on record in total.
Yes, Paramoount Niryaat is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0015343).
Paramoount Niryaat can be reached through the website paramoount.com. Its registered office is in Kolkata, West Bengal, India.