Paramount Castors & Equipments Private Limited
About Paramount Castors & Equipments Private Limited
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Paramount Castors & Equipments Private Limited is a private limited company based in Thana, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 14 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35303MH2010PTC204178. Its GSTIN is 27AAFCP5363B2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Salim Shaikh (Managing Director) and Sagir Shaikh.
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 C Poonam Shrushti Latiff Park, Thana, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.57 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹7.67 Lakh (net margin 0.9%) and EBITDA of ₹16.35 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 58% over five years.
As per MCA filings, the company has open charges of ₹1.87 Cr and satisfied charges of ₹66 Lakh on record. Court records list 7 cases involving the company, including 7 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paramount Castors & Equipments Private Limited's registered office is in Thana, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address603/C Poonam Shrushti Latiff Park Opp.S.K.Stone Mira Bhayandar Road Mira, Road(E), Thana, Maharashtra, India – 401107
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Paramount Castors & Equipments Private 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 Paramount Castors & Equipments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Paramount Castors & Equipments Private Limited, buy the company report.
Financials of Paramount Castors & Equipments Private Limited
FY 2025 filings availableParamount Castors & Equipments Private Limited reported revenue of ₹8.57 Cr (up 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 85% growth in the latest year. EBITDA rose 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.35 Lakh | ||||
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| Net Profit (PAT) | ₹7.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Paramount Castors & Equipments Private Limited, buy the company report.
Board of directors of Paramount Castors & Equipments Private Limited
Paramount Castors & Equipments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Shaikh Also directs: Paralift Equipments Private Limited | Managing Director | 14 Jun 2010 | 16 Years 4 Months | Current |
| Sagir Shaikh Also directs: Paralift Equipments Private Limited | Director | 14 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Paramount Castors & Equipments Private Limited is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Siddha Perfect Systems Private Limited | ₹8.79 Cr (FY 2025) | 52.0% | Pune, Maharashtra, India | |||
| Lifttech Equip Sales Services and Packaging Solutions Private Limited | ₹8.77 Cr (FY 2024) | 26.0% | Pune, Maharashtra, India | |||
| Paramount Castors & Equipments Private Limitedthis company | ₹8.57 Cr (FY 2025) | ₹7.67 Lakh | 0.9% | 85.0% | Thana, Maharashtra, India | |
| Orton Engineering Private Limited | ₹8.47 Cr (FY 2024) | -30.0% | Thane, Maharashtra, India | |||
| Sahjanand Engineering Private Limited | ₹8.43 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India | |||
| Global Conveyor Systems Private Limited | ₹8.28 Cr (FY 2024) | -28.0% | Sancoale, Goa, India | |||
| Supreme Elmech Private Limited | ₹8.17 Cr (FY 2023) | 22.0% | Aurangabad, Maharashtra, India | |||
| Bharatq Conveyor Automation Private Limited | ₹8.16 Cr (FY 2025) | 63.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Paramount Castors & Equipments Private Limited, buy the company report.
Auditor
Paramount Castors & Equipments Private Limited is audited by BASER & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BASER & ASSOCIATES | FY 2018 | 131140W |
Shareholding
The shareholding of Paramount Castors & Equipments Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Paramount Castors & Equipments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2017 | 100090300 | City Union Bank Limited | ₹33.95 Lakh | Open | |
| 29 Feb 2016 | 100065878 | City Union Bank Limited | ₹1.53 Cr | Open | |
| 30 Apr 2012 | 10353047 | Hdfc Bank Limited | ₹45 Lakh | Satisfied | |
| 03 Feb 2011 | 10273267 | Jammu & Kashmir Bank Limited | ₹21 Lakh | Satisfied |
To see the full charge records of Paramount Castors & Equipments Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Paramount Castors & Equipments Private Limited has 7 court cases on record: 7 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 3 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iti Credit Limited FCCL | Pending |
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by Bajaj Finance Ltd THR Harshad Gamre | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Vertex Engi-Mech Pvt. Ltd. Jitesh Chimanlal Bera | Disposed |
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed against the company by United Petro Finance Ltd., Th. Mr. Sumedh S. Bhalerao | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Robotic Equipment | Disposed |
To see the full case history of Paramount Castors & Equipments 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 Paramount Castors & Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paramount Castors & Equipments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP5363B2ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Castors & Equipments Private Limited, buy the company report.
Recent activity
Paramount Castors & Equipments Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Sagir Shaikh was appointed as Director on 14 Jun 2010.
Frequently asked questions
Paramount Castors & Equipments is an active private limited company based in Thana, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 14 June 2010 (16+ years old) and is registered under CIN U35303MH2010PTC204178.
Paramount Castors & Equipments has 2 current directors:
- Salim Shaikh - Managing Director
- Sagir Shaikh - Director
The latest financial statements of Paramount Castors & Equipments 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 Castors & Equipments is 27AAFCP5363B2ZJ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paramount Castors & Equipments is U35303MH2010PTC204178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Castors & Equipments has 7 court cases on record: 7 filed against it. 3 are pending.
Paramount Castors & Equipments was incorporated on 14 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paramount Castors & Equipments by revenue are Siddha Perfect Systems Private Limited, Lifttech Equip Sales Services and Packaging Solutions Private Limited, Orton Engineering Private Limited, Sahjanand Engineering Private Limited, Global Conveyor Systems Private Limited and 2 more, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Sagir Shaikh was appointed as Director on 14 Jun 2010. Salim Shaikh was appointed as Managing Director on 14 Jun 2010.
The registered office of Paramount Castors & Equipments is at 603C Poonam Shrushti Latiff Park Opp.S.K.Stone Mira Bhayandar Road Mira, RoadE, Thana, Maharashtra, India – 401107.
Paramount Castors & Equipments operates in the machinery and equipment industry, in the material handling and storage equipment segment.