Paramount Credits Limited
About Paramount Credits Limited
Data last updated:
Paramount Credits Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial intermediation and lending segment of the financial services sector. It was incorporated on 10 August 1994.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1994PLC080236.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹5.01 Lakh. It was led by directors including Sanjay Hasmukhlal Ajmera and Darshan Bipin Sheth.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Pm 5 Rotunda Bldgmezanine Floor Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023.
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- Registered AddressPm 5 Rotunda Bldgmezanine Floor Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Other Financial Intermediation
- 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
- One PDF report, delivered after checkout
Financials of Paramount Credits Limited FY 2015 filings available
Financial Statement Summary of Paramount Credits Limited
| Metrics | FY 2014-15 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 of Paramount Credits Limited
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paramount Credits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Paramount Credits Limited
Paramount Credits has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Hasmukhlal Ajmera Also directs: Panorama Shares and Stock Brokers Limited | Director | 22 Jan 1997 | 29 Years 8 Months | As last reported |
| Darshan Bipin Sheth Also directs: Alchemie Private Limited, A. P. Sheth Investments Private Limited, D B Sheth Investments Private Limited and 2 more | Director | 16 Jun 2008 | 18 Years 3 Months | As last reported |
| Jyot Pravinkumar Jhaveri | Director | 10 May 1998 | 28 Years 4 Months | As last reported |
Charges & Borrowings of Paramount Credits Limited
Paramount Credits Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Paramount Credits Limited
Employment history and EPFO contributions of people linked to Paramount Credits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Paramount Credits Limited
Paramount Credits Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Bela Nayan Parikh ceased to be Director on 07 Jun 2010.
Credit Ratings, Litigation & Regulatory Alerts for Paramount Credits Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paramount Credits Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paramount Credits Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Paramount Credits Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paramount Credits Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paramount Credits Limited
Paramount Credits has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paramount Credits was a public limited company based in Mumbai, Maharashtra, India. The company worked in other financial intermediation, within the financial services industry. It was incorporated on 10 August 1994 and is registered under CIN U65990MH1994PLC080236. The company has been struck off by the Registrar of Companies and is no longer operational.
Paramount Credits had 3 directors:
- Sanjay Hasmukhlal Ajmera - Director
- Darshan Bipin Sheth - Director
- Jyot Pravinkumar Jhaveri - Director
The CIN (Corporate Identification Number) of Paramount Credits is U65990MH1994PLC080236. 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 Paramount Credits is at Pm 5 Rotunda Bldgmezanine Floor Bombay Samachar Marg Fort, Mumbai, Maharashtra, India – 400023.
Paramount Credits was incorporated on 10 August 1994. It is registered with the Registrar of Companies, Mumbai.
Paramount Credits has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5.01 Lakh.
Paramount Credits operated in the financial services industry, in the other financial intermediation segment. It worked in this industry before it was struck off.
No. Paramount Credits is not listed on any stock exchange. It is an unlisted company.
Bela Nayan Parikh ceased to be Director on 07 Jun 2010. Bhartiben Manubhai Sheth ceased to be Director on 07 Jun 2010. Darshan Bipin Sheth was appointed as Director on 16 Jun 2008. Paramount Credits has 5 board changes on record in total.