MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0017444
Paramount Apparels Private Limited - manufacturing in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.06 Cr
▼ 11% YoY
Net loss · FY 2025
₹1.02 Cr
Net margin -4.8%
EBITDA · FY 2025
₹60.3 Lakh
EBITDA margin 2.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.81 Cr
Issued & subscribed
Open charges
₹22.37 Cr
Satisfied ₹7.12 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
10
Provident fund records
About Paramount Apparels Private Limited
Data last updated:
Paramount Apparels Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1989PTC050595. Its GSTIN is 27AACCP0223F1ZY (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.81 Cr. It is led by directors including Muddassir Salahuddin Usmani and Salahuddin Usmani Ahmed.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Palghar, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.06 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -4.8%) and EBITDA of ₹60.3 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.37 Cr and satisfied charges of ₹7.12 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 1 case is pending.
Paramount Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0017444). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website houseofparamount.com.
Company details
CIN U18101MH1989PTC050595
Registration Number 050595
Incorporation Date 06 February 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0017444
Key People
Muddassir Salahuddin Usmani Director Salahuddin Usmani Ahmed Director Halaluddin Ahmed Usmani Director Recognitions & Rankings of Paramount Apparels
Contact details
Paramount Apparels Private Limited's registered office is in Palghar, Maharashtra. Its website is houseofparamount.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address205 2nd Flr Sheetal Supreme Ind. Estate No 3 Nr Dhuri Ind. Estatephase – 2 Sativali, Vasai East, Palghar, Maharashtra, India – 401208
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Paramount Apparels Private Limited, buy the company report.
Comprehensive company report
Paramount Apparels 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 Paramount Apparels 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 Paramount Apparels Private Limited, buy the company report.
Financials of Paramount Apparels Private Limited
FY 2025 filings availableParamount Apparels Private Limited reported revenue of ₹21.06 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹21.06 Cr ▼ 11%
Net loss · FY 2025
₹1.02 Cr margin -4.8%
EBITDA · FY 2025
₹60.3 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 3%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 29%
5 years · compounded
▼ 18%
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 69% 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 | ₹60.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | -4.8% | ||||
| 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 Paramount Apparels Private Limited, buy the company report.
Board of directors of Paramount Apparels Private Limited
Paramount Apparels has 5 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 |
|---|---|---|---|---|
| Muddassir Salahuddin Usmani Also directs: Saemah Fashion Exports Private Limited | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
| Salahuddin Usmani Ahmed Also directs: Saemah Fashion Exports Private Limited | Director | 06 Feb 1989 | 37 Years 8 Months | Current |
| Halaluddin Ahmed Usmani | Director | 06 Feb 1989 | 37 Years 8 Months | Current |
| Mahjabeen Usmani Salahuddin Also directs: Saemah Fashion Exports Private Limited | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
| Sabiha Halaluddin Usmani Also directs: Saemah Fashion Exports Private Limited | Director | 01 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Paramount Apparels Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dindigul Cotton Textile Mills Private Limited | ₹21.08 Cr (FY 2025) | 9.0% | Tamil Nadu, India | |||
| Karigar Niryat Private Limited | ₹21.08 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Paramount Apparels Private Limitedthis company | ₹21.06 Cr (FY 2025) | -₹1.02 Cr | -4.8% | -11.0% | 10 | Palghar, Maharashtra, India |
| Amitoj Textiles Limited | ₹21.03 Cr (FY 2016) | 27.0% | Ludhiana, Punjab, India | |||
| J K Clothing Private Limited | ₹21.02 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Paramount Apparels Private Limited, buy the company report.
Auditor
Paramount Apparels Private Limited is audited by RIBADIYA & VEKARIYA LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RIBADIYA & VEKARIYA LLP | FY 2022 | 130474W |
Shareholding
The shareholding of Paramount Apparels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramount Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.37 Cr
Satisfied charges
₹7.12 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2025 | 101102707 | Others | ₹6 Cr | Open | |
| 27 Jun 2023 | 100743204 | Hdfc Bank Limited | ₹25.5 Lakh | Open | |
| 17 Feb 2023 | 100701126 | Others | ₹2.91 Cr | Open | |
| 20 Jul 2020 | 100504599 | Others | ₹6 Cr | Open | |
| 20 Jul 2020 | 100381214 | Others | ₹3.6 Cr | Open |
To see the full charge records of Paramount Apparels Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Paramount Apparels Private Limited has 14 court cases on record: 6 filed by Paramount Apparels, 8 filed against it. 1 case is pending and 13 are disposed.
Total cases
14
Filed by the company
6
Filed against the company
8
Pending
1
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 7 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (M Appeal) | Filed against the company by Ms. Somani and Co. Pvt. Ltd. (Delected) and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Municipal Commissioner, V.V.C.M.C. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Disposed |
To see the full case history of Paramount Apparels 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
Paramount Apparels Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 19 overdue payments to 4 micro and small suppliers. 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Textrend Lifestyle Private Limited | |||
| an individual supplier | |||
| Manohar Filaments Pvt.Ltd. | |||
| an individual supplier |
To see the full MSME payment records of Paramount Apparels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Paramount Apparels has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Paramount Apparels Private Limited has a workforce of 10 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
11.11%
GST
Paramount Apparels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP0223F1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Apparels Private Limited, buy the company report.
Recent activity
Paramount Apparels Private Limited has 8 board changes on record since 1989: 5 appointments and 3 cessations. The latest: Mahjabeen Usmani Salahuddin was appointed as Director on 01 Jan 2018.
AGM
Paramount Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 101102707 was registered on 04 Apr 2025.
Filing
Paramount Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others of Rs. 6.00 Cr registered on 20 Jul 2020 with Charge ID 100504599 was modified on 28 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100743204 was registered on 27 Jun 2023.
Charges
A charge registered on 31 Mar 2018 via Charge ID 100170518 with Others was fully satisfied on 10 May 2023.
Charges
A charge with Others amounted to Rs. 2.91 Cr with Charge ID 100701126 was registered on 17 Feb 2023.
Charges
A charge with Others of Rs. 3.60 Cr registered on 19 Jul 2014 with Charge ID 10517013 was modified on 21 Jul 2020.
Charges
A charge with Others amounted to Rs. 3.60 Cr with Charge ID 100381214 was registered on 20 Jul 2020.
Charges
A charge with Others amounted to Rs. 6.00 Cr with Charge ID 100504599 was registered on 20 Jul 2020.
Charges
A charge registered on 14 Sep 2010 via Charge ID 10244728 with Indian Bank was fully satisfied on 26 Jun 2019.
Charges
A charge registered on 30 Mar 2007 via Charge ID 10271446 with Bombay Mercantile Co-Op. Bank Ltd was fully satisfied on 21 May 2019.
32 earlier events are in the company report.
Frequently asked questions
Paramount Apparels is an active private limited company based in Palghar, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 February 1989 (37+ years old) and is registered under CIN U18101MH1989PTC050595.
Paramount Apparels has 5 current directors:
- Muddassir Salahuddin Usmani - Director
- Salahuddin Usmani Ahmed - Director
- Halaluddin Ahmed Usmani - Director
- Mahjabeen Usmani Salahuddin - Director
- Sabiha Halaluddin Usmani - Director
The latest financial statements of Paramount Apparels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramount Apparels is 27AACCP0223F1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paramount Apparels is U18101MH1989PTC050595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Apparels has 14 court cases on record: 6 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Paramount Apparels was incorporated on 06 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paramount Apparels by revenue are Dindigul Cotton Textile Mills Private Limited, Karigar Niryat Private Limited, Amitoj Textiles Limited, J K Clothing Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mahjabeen Usmani Salahuddin was appointed as Director on 01 Jan 2018. Sabiha Halaluddin Usmani was appointed as Director on 01 Jan 2018. Nabila Salahuddin Usmani ceased to be Additional Director on 30 Sep 2016. Paramount Apparels has 8 board changes on record in total.
Yes, Paramount Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0017444).
Paramount Apparels has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 19 overdue payments to 4 micro and small suppliers. The latest return was filed on 28 May 2019.
Paramount Apparels can be reached through the website houseofparamount.com. Its registered office is in Palghar, Maharashtra, India.