Paramount Fintrade Pvt.Ltd.
About Paramount Fintrade Pvt.Ltd.
Data last updated:
Paramount Fintrade Pvt.Ltd. was a private limited company based in Odisha, 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 financial services and investment segment of the financial services sector. It was incorporated on 28 July 1995.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U65999OR1995PTC025999.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.12 Lakh. It was led by directors including Anju Saraf and Satyam Saraf.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ocl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.11 Cr, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.25 Cr (net margin -30.4%) and EBITDA of -₹1.25 Cr (EBITDA margin -30.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years.
Company details
CIN history
Paramount Fintrade has one previous CIN (Corporate Identification Number): U65999WB1995PTC073224. The current CIN is U65999OR1995PTC025999, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65999OR1995PTC025999 | Current |
| U65999WB1995PTC073224 | Previous |
Contact details
Paramount Fintrade Pvt.Ltd.'s registered office is in Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOcl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017
- IndustryFinancial Services, Financial Activities
To see the full contact details of Paramount Fintrade Pvt.Ltd., 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 Fintrade 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 Paramount Fintrade Pvt.Ltd., buy the company report.
Financials of Paramount Fintrade Pvt.Ltd.
FY 2018 filings availableParamount Fintrade Pvt.Ltd. reported revenue of ₹4.11 Cr (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over three years. EBITDA rose 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.11 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.25 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -30.4% | ||||
| Net Profit Margin | -30.4% | ||||
| 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 Fintrade Pvt.Ltd., buy the company report.
Board of directors of Paramount Fintrade Pvt.Ltd.
Paramount Fintrade has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anju Saraf | Director | 10 Jun 2019 | 7 Years 4 Months | As last reported |
| Satyam Saraf Also directs: GRD Securities Limited | Director | 13 Oct 2017 | 9 Years 0 Months | As last reported |
| Pradip Kumar Sahal | Director | 17 Feb 2012 | 14 Years 8 Months | As last reported |
Peer comparison
Paramount Fintrade Pvt.Ltd. is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chandi Precise Tubes Limited | ₹4.12 Cr (FY 2025) | -8.0% | Chandigarh, India | |||
| Home Plus Finance Private Limited | ₹4.11 Cr (FY 2025) | 27.0% | Madurai, Tamil Nadu, India | |||
| Sivamurugan Chit Funds Private Limited | ₹4.11 Cr (FY 2024) | 4.0% | Chidambaranar, Tamil Nadu, India | |||
| Akshar Forex Private Limited | ₹4.11 Cr (FY 2024) | 122.0% | Rajkot, Gujarat, India | |||
| Harmony Insurance Broking Private Limited | ₹4.11 Cr (FY 2024) | 13.0% | Mumbai, Maharashtra, India | |||
| Paramount Fintrade Pvt.Ltd.this company | ₹4.11 Cr (FY 2019) | -₹1.25 Cr | -30.4% | -100.0% | Odisha, India | |
| Dadra Andn.Haveli Daman Anddiu Sc\St Obc Andmin.Fin Anddev.Corpn. Ltd | ₹4.11 Cr (FY 2025) | 11.0% | Dadra and Nagar Haveli, India | |||
| Vanpool Consulting and Advisory Private Limited | ₹4.11 Cr (FY 2019) | 318.0% | Mumbai, Maharashtra, India | |||
| Image Insurance Brokers Private Limited | ₹4.11 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Multi Currency Exchange Private Limited | ₹4.1 Cr (FY 2019) | -28.0% | Guwahati, Assam, India | |||
| Kothari World Finance Limited | ₹4.1 Cr (FY 2019) | 3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Paramount Fintrade Pvt.Ltd., buy the company report.
Auditor
Paramount Fintrade Pvt.Ltd. is audited by AMIT HEMRAJ JAIN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT HEMRAJ JAIN & ASSOCIATES | FY 2017 | 325285E |
Shareholding
The shareholding of Paramount Fintrade Pvt.Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paramount Fintrade Pvt.Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Paramount Fintrade Pvt.Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paramount Fintrade Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Paramount Fintrade has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Paramount Fintrade Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Paramount Fintrade Pvt.Ltd. has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Anju Saraf was appointed as Director on 10 Jun 2019.
Frequently asked questions
Paramount Fintrade 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.
Paramount Fintrade was a private limited company based in Odisha, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 July 1995 and is registered under CIN U65999OR1995PTC025999. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paramount Fintrade was incorporated on 28 July 1995. It is registered with the Registrar of Companies, Cuttack.
Paramount Fintrade had 3 directors:
- Anju Saraf - Director
- Satyam Saraf - Director
- Pradip Kumar Sahal - Director
The CIN (Corporate Identification Number) of Paramount Fintrade is U65999OR1995PTC025999. 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 Fintrade is at Ocl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017.
The latest financial statements of Paramount Fintrade on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Paramount Fintrade operated in the financial services industry, in the financial activities segment.
The peers of Paramount Fintrade by revenue are Chandi Precise Tubes Limited, Home Plus Finance Private Limited, Sivamurugan Chit Funds Private Limited, Akshar Forex Private Limited, Harmony Insurance Broking Private Limited and 5 more, all in the same principal business activity (other financial activities).
Anju Saraf was appointed as Director on 10 Jun 2019. Kishor Jairamka ceased to be Director on 14 Oct 2017. Satyam Saraf was appointed as Director on 13 Oct 2017. Paramount Fintrade has 9 board changes on record in total.
The compliance status of Paramount Fintrade is compliant as of 25 July 2026.