Paramount Restaurants Private Limited
About Paramount Restaurants Private Limited
Data last updated:
Paramount Restaurants Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Stellar Concepts Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 21 October 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U55204DL2009PTC195378. Its GSTIN is 06AAFCP2633N1Z8 (Haryana).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.03 Lakh. It was led by directors Gurpreet Singh Gulri and Rajiv Singh Saluja.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at R – 308 Level 3 Ambiance Mall Nelson Mandela Road, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.24 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 5.3%) and EBITDA of ₹3.87 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹8.77 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
Contact details
Paramount Restaurants Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR – 308 Level 3 Ambiance Mall Nelson Mandela Road, New Delhi, Delhi, India – 110070
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Paramount Restaurants 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 Restaurants is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Paramount Restaurants Private Limited, buy the company report.
Financials of Paramount Restaurants Private Limited
FY 2023 filings availableParamount Restaurants Private Limited reported revenue of ₹42.24 Cr (up 42% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 42% growth in the latest year. EBITDA rose 79% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.24 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.22 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 5.3% | ||||
| 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 Restaurants Private Limited, buy the company report.
Board of directors of Paramount Restaurants Private Limited
Paramount Restaurants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurpreet Singh Gulri | Director | 21 Oct 2009 | 17 Years 0 Months | As last reported |
| Rajiv Singh Saluja | Director | 21 Oct 2009 | 17 Years 0 Months | As last reported |
Peer comparison
Paramount Restaurants Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RCP Hospitality Private Limited | ₹42.87 Cr (FY 2024) | 69.0% | Bangalore, Karnataka, India | |||
| Blue Planet Foods Private Limited | ₹42.8 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Upper Crust Foods Private Limited | ₹42.34 Cr (FY 2025) | 6.0% | Deonar, Maharashtra, India | |||
| Paramount Restaurants Private Limitedthis company | ₹42.24 Cr (FY 2023) | ₹2.22 Cr | 5.3% | 42.0% | 9 | New Delhi, Delhi, India |
| Zing Restaurants Private Limited | ₹41.69 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Jalapeno Foods Private Limited | ₹41.31 Cr (FY 2025) | 30.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Paramount Restaurants Private Limited, buy the company report.
Auditor
Paramount Restaurants Private Limited is audited by KUMAR GROVER AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR GROVER AND COMPANY | FY 2023 | 01240N |
Shareholding
The shareholding of Paramount Restaurants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramount Restaurants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2019 | 100259942 | Others | ₹1.25 Cr | Satisfied | |
| 20 Dec 2015 | 10614228 | Kotak Mahindra Bank Limited | ₹2.5 Cr | Satisfied | |
| 03 Apr 2012 | 10357230 | Punjab & Sind Bank | ₹40 Lakh | Satisfied | |
| 28 Mar 2012 | 10346497 | Yes Bank Limited | ₹4.62 Cr | Satisfied |
To see the full charge records of Paramount Restaurants Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Paramount Restaurants Private Limited has 3 court cases on record: 3 filed by Paramount Restaurants. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Principal Bench | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Paramount Restaurants 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 Restaurants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paramount Restaurants Private Limited has a workforce of 9 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Paramount Restaurants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCP2633N1Z8 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Restaurants Private Limited, buy the company report.
Recent activity
Paramount Restaurants Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Gurpreet Singh Gulri was appointed as Director on 21 Oct 2009.
3 earlier events are in the company report.
Frequently asked questions
Paramount Restaurants 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 Restaurants was a private limited company based in New Delhi, Delhi, India. The company worked in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 21 October 2009 and is registered under CIN U55204DL2009PTC195378. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Paramount Restaurants was incorporated on 21 October 2009. It is registered with the Registrar of Companies, Delhi.
Paramount Restaurants had 2 directors:
- Gurpreet Singh Gulri - Director
- Rajiv Singh Saluja - Director
The CIN (Corporate Identification Number) of Paramount Restaurants is U55204DL2009PTC195378. 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 Restaurants is at R – 308 Level 3 Ambiance Mall Nelson Mandela Road, New Delhi, Delhi, India – 110070.
The latest financial statements of Paramount Restaurants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramount Restaurants is 06AAFCP2633N1Z8, registered in Haryana.
Paramount Restaurants operated in the travel and hospitality industry, in the restaurants and dining services segment.
The peers of Paramount Restaurants by revenue are RCP Hospitality Private Limited, Blue Planet Foods Private Limited, Upper Crust Foods Private Limited, Zing Restaurants Private Limited, Jalapeno Foods Private Limited, all in the Consumer Services industry (Restaurants), with the same principal business activity (food and beverage services provided by hotels, restaurants, caterers, etc.).
Paramount Restaurants has 3 court cases on record: 3 filed by the company. Most are in the nclt.