Paramount Motors Private Limited

Paramount Motors Private Limited - automobile in Ropar, Punjab, India. Directors, charges & compliance details.
CIN U50300PB2005PTC028006 Incorporated 23 February 2005 ROC Chandigarh HQ Ropar, Punjab, India
Struck Off Private Limited Company automobile
Data last updated
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹4.2 Cr
No open charges
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
GST registrations
2
None active
Last financials
Mar 2020
Balance sheet date
Last AGM
31 Aug 2020
Annual general meeting

About Paramount Motors Private Limited

Data last updated:

Paramount Motors Private Limited was a private limited company based in Ropar, Punjab, 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 sale of motor vehicle parts and accessories segment of the automobiles sector. It was incorporated on 23 February 2005.

The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50300PB2005PTC028006. The company has 2 GST registrations on record, none of which is active.

The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors Ramesh Kalia and Anjali Kalia.

Its last annual general meeting (AGM) was held on 31 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at D 31 Industrial Areaphase I Mohali, Ropar, Punjab, India – 160055.

As per MCA filings, the company had satisfied charges of ₹4.2 Cr on record.

The last known website on record is paramountchem.com.

Company details

CIN U50300PB2005PTC028006
Registration Number 028006
Incorporation Date 23 February 2005
ROC Chandigarh
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 31 August 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant

Contact details

Paramount Motors Private Limited's registered office is in Ropar, Punjab. Its website is paramountchem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D 31 Industrial Areaphase I Mohali, Ropar, Punjab, India – 160055
  • Industry
    Automobile, Sale Of Motor Vehicle Parts & Accessories

To see the full contact details of Paramount Motors Private Limited, buy the company report.

Comprehensive company report
Paramount Motors 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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Financials of Paramount Motors Private Limited

FY 2020 filings available

Financial Statement Summary

MetricsFY 2016-17FY 2015-16FY 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

MetricsFY 2016-17FY 2015-16FY 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

To see the full financial statements and ratios of Paramount Motors Private Limited, buy the company report.

Board of directors of Paramount Motors Private Limited

Paramount Motors has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ramesh KaliaDirector23 Feb 200521 Years 8 MonthsAs last reported
Anjali KaliaDirector15 Oct 201016 Years 0 MonthsAs last reported

Auditor

Paramount Motors Private Limited is audited by Y K AND COMPANY for the financial year 2017.

Auditor firmFinancial yearFirm registration number
Y K AND COMPANYFY 2017016009N

Shareholding

The shareholding of Paramount Motors Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paramount Motors Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.2 Cr
Breakdown by lending institutions
State Bank of India₹3.20 Cr
Punjab National Bank₹1.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Dec 200610032539State Bank of India₹3.2 CrSatisfied
21 Sep 200610023653Punjab National Bank₹10 LakhSatisfied
21 Sep 200610023654Punjab National Bank₹90 LakhSatisfied

To see the full charge records of Paramount Motors Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Paramount Motors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Paramount Motors has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
2
Cancelled / inactive
2

To see the full GST registrations and return filing status of Paramount Motors Private Limited, buy the company report.

Recent activity

Paramount Motors Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Anjali Kalia ceased to be Additional Director on 30 Sep 2011.

AGM
Paramount Motors Private Limited last Annual general meeting of members was held on 31 Aug 2020 as per latest MCA records.
Filing
Paramount Motors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
Ceased
Anjali Kalia ceased to be Additional Director.
Appointed
Anjali Kalia was appointed as Director.
Ceased
Ranjan Jain ceased to be Director.
Charges
A charge registered on 21 Sep 2006 via Charge ID 10023653 with Punjab National Bank was fully satisfied on 13 Aug 2010.
Charges
A charge registered on 21 Sep 2006 via Charge ID 10023654 with Punjab National Bank was fully satisfied on 13 Aug 2010.
Charges
A charge registered on 30 Dec 2006 via Charge ID 10032539 with State Bank Of India was fully satisfied on 23 Apr 2010.
Charges
A charge with State Bank Of India amounted to Rs. 320.00 Lakh with Charge ID 10032539 was registered on 30 Dec 2006.
Charges
A charge with Punjab National Bank amounted to Rs. 10.00 Lakh with Charge ID 10023653 was registered on 21 Sep 2006.
Charges
A charge with Punjab National Bank amounted to Rs. 90.00 Lakh with Charge ID 10023654 was registered on 21 Sep 2006.
Appointed
Ramesh Kalia was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Paramount Motors 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 Motors was a private limited company based in Ropar, Punjab, India. The company worked in sale of motor vehicle parts and accessories, within the automobile industry. It was incorporated on 23 February 2005 and is registered under CIN U50300PB2005PTC028006. The company has been struck off by the Registrar of Companies and is no longer operational.

Paramount Motors had 2 directors:

The CIN (Corporate Identification Number) of Paramount Motors is U50300PB2005PTC028006. 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 Motors is at D 31 Industrial Areaphase I Mohali, Ropar, Punjab, India – 160055.

Paramount Motors was incorporated on 23 February 2005. It is registered with the Registrar of Companies, Chandigarh.

Paramount Motors can be reached through the website paramountchem.com. Its registered office is in Ropar, Punjab, India.

The latest financial statements of Paramount Motors on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 August 2020. Year-wise statements from 2015 are in the company report.

No. Paramount Motors has 2 GST registrations on record and all of them are cancelled or inactive.

Paramount Motors operated in the automobile industry, in the sale of motor vehicle parts and accessories segment. It worked in this industry before it was struck off.