Paramount Shipping Services Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.25 Cr
- Revenue Growth 23.30%
- Profit Growth 39.11%
- Ebitda 26.76%
- Net Worth 27.76%
- Total Assets 20.57%
About Paramount Shipping Services
Paramount Shipping Services Private Limited (PSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 17 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹4.25 Cr.
Rathnakumar Krishnan, Vijayakumar Ashwin, and Aroli Vijayakumar serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U63090TN2008PTC066600
- Company No.
066600
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 2008
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Transport and Logistics
What products or services does Paramount Shipping Services Private Limited offer?
Paramount Shipping Services Private Limited offers a wide range of products and services, including Logistics Service, Clearing & Forwarding Services, Custom Clearing Service, Transportation Services, Cargo Transportation Services, Sea Cargo Service, Forwarding & Custom Clearing, Air Cargo Service.
Paramount Shipping Services Private Limited
Explore comprehensive data for Paramount Shipping Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Paramount Shipping Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rathnakumar Krishnan  | Director | 25-Feb-2008 | Current |
| Vijayakumar Ashwin | Director | 18-Jan-2023 | Current |
| Aroli Vijayakumar | Director | 25-Feb-2008 | Current |
Financial Performance of Paramount Shipping Services.
Paramount Shipping Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.3% increase. The company also saw a substantial improvement in profitability, with a 39.11% increase in profit. The company's net worth Soared by an impressive increase of 27.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paramount Shipping Services?
In 2023, Paramount Shipping Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
S B M Shelters Private LimitedRathnakumar Krishnan is a mutual person
- Paramount Logistics Private Limited
Rathnakumar Krishnan, Vijayakumar Ashwin and 1 more are mutual person
Charges (Loans)
Open Charges
₹4.25 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.50 Cr
- Hdfc Bank Limited : 0.40 Cr
- Idbi Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2023 | Hdfc Bank Limited | ₹4.00 M | Open |
| 05 Nov 2022 | Idbi Bank Limited | ₹3.50 M | Open |
| 21 May 2009 | Axis Bank Limited | ₹3.50 Cr | Open |
How Many Employees Work at Paramount Shipping Services?
Paramount Shipping Services has a workforce of 156 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paramount Shipping Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paramount Shipping Services's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Paramount Shipping Services
Recent activity within the organization
- Annual General Meeting
Paramount Shipping Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Paramount Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100714604 was registered on 01 Feb 2023.
- Director Appointment
Vijayakumar Ashwin was appointed as a Director was appointed as a Director on 18 Jan 2023 & has been associated with this company since 2 years 4 months .
- Charges
A charge with Idbi Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100643012 was registered on 05 Nov 2022.
- Charges
A charge with Axis Bank Limited of Rs. 3.50 Cr registered on 21 May 2009 with Charge ID 10190730 was modified on 21 Dec 2012.
Frequently asked questions
What is the Incorporation or founding date of Paramount Shipping Services Private Limited?
Paramount Shipping Services Private Limited was incorporated on 25 Feb 2008.
What is authorized share capital and paid-up capital of Paramount Shipping Services Private Limited?
The authorized share capital of Paramount Shipping Services Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Paramount Shipping Services Private Limited?
Currently 3 directors are associated with Paramount Shipping Services Private Limited.
- Rathnakumar Krishnan
- Vijayakumar Ashwin
- Aroli Vettil Vijayakumar
What is the registered address of Paramount Shipping Services Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paramount Shipping Services Private Limited is 163, 3Rd Floor Thambu Chetty Street India, Chennai, Tamil Nadu, 600001.
What is the corporate identification number (CIN) and company number of Paramount Shipping Services Private Limited?
The corporate identification number (CIN) of Paramount Shipping Services Private Limited is U63090TN2008PTC066600 and the company number is 066600 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paramount Shipping Services Private Limited?
The Official website of Paramount Shipping Services Private Limited is https://www.paramountship.com
What has been the recent revenue trend for Paramount Shipping Services Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Paramount Shipping Services Private Limited has risen by 23.30%.
How many employees does Paramount Shipping Services Private Limited currently have?
As Per 2023 financial reports, 156 employees are currently employed by Paramount Shipping Services Private Limited.
What change has been observed in the net worth of Paramount Shipping Services Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Paramount Shipping Services Private Limited has experienced an upsurge of 27.76%.
What are the total open charges for Paramount Shipping Services Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Paramount Shipping Services Private Limited amount to ₹ 4.25 Cr.
When was the last Balance Sheet of Paramount Shipping Services Private Limited filed with the ROC?
The most recent Balance Sheet for Paramount Shipping Services Private Limited was filed with the ROC on 31 Mar 2024.
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