Paramount Shipping Services Private Limited Company Logo

Paramount Shipping Services Private Limited - Company Profile

It is a transport and logistics private limited company based in Chennai, Tamil Nadu, India, established in 2008.

2008 | Chennai, Tamil Nadu, India | Active
Last Updated:

About Paramount Shipping Services Private Limited

Paramount Shipping Services Private Limited, a active private limited company, was established on 25 February 2008 in Chennai, Tamil Nadu, India. Engaging in integrated & diversified logistics services within the support service to organizations sector, it holds CIN: U63090TN2008PTC066600. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.

It upholds a compliant status. Employing 156 professional, Its leadership includes Rathnakumar Krishnan (Director), Aroli Vettil Vijayakumar (Director), Vijayakumar Ashwin (Director). It holds ₹4.25 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 163, 3Rd Floor Thambu Chetty Street, Chennai, Tamil Nadu, 600001.

Company Details

  • CIN/LLPIN

    U63090TN2008PTC066600

  • Registration Number

    066600

  • Incorporation Date

    25 February 2008

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹1.00 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth 23.30%
  • Profit Growth 39.11%
  • Ebitda 25.23%
  • Net Worth 27.76%
  • Total Assets 20.57%
Company report

Paramount Shipping Services Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Paramount Shipping Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paramount Shipping Services Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Rathnakumar KrishnanDirector25 Feb 2008Current
Aroli Vettil VijayakumarDirector25 Feb 2008Current
Vijayakumar AshwinDirector18 Jan 2023Current

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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%.

Paramount Shipping Services revenue growth over time
Paramount Shipping Services profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.30%
Revenue from Operations
22.91%
Total Assets
20.57%
Profit or Loss
39.11%
Net Worth
27.76%
EBITDA
25.23%

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.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹42,500,000.00

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

DateLenderAmountStatus
01 Feb 2023Hdfc Bank Limited₹4.00 MOpen
05 Nov 2022Idbi Bank Limited₹3.50 MOpen
21 May 2009Axis Bank Limited₹3.50 CrOpen

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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.

Employee growth trends for Paramount Shipping Services Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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

    Progress on Paramount Shipping Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Paramount Shipping Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100714604 was registered on 01 Feb 2023. was documented.

  • Director Appointment

    The activity 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 10 months . was completed.

  • Charges

    Progress on A charge with Idbi Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100643012 was registered on 05 Nov 2022. was documented.

  • Charges

    The activity 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. was completed.

Frequently Asked Questions

  • What is the CIN of Paramount Shipping Services Private Limited?

    The CIN of Paramount Shipping Services Private Limited is U63090TN2008PTC066600.

  • Where is Paramount Shipping Services Private Limited headquartered?

    Paramount Shipping Services Private Limited is headquartered at 163, 3Rd Floor Thambu Chetty Street, Chennai, Tamil Nadu, 600001.

  • When was Paramount Shipping Services Private Limited incorporated?

    Paramount Shipping Services Private Limited was incorporated on 25 February 2008.

  • Who are the current directors of Paramount Shipping Services Private Limited?

    The current directors of Paramount Shipping Services Private Limited are

  • What is the primary industry of Paramount Shipping Services Private Limited?

    The primary industry of Paramount Shipping Services Private Limited is Support Service To Organizations.

  • Is Paramount Shipping Services Private Limited a listed company?

    Paramount Shipping Services Private Limited is unlisted.

  • What is the capital structure of Paramount Shipping Services Private Limited?

    The authorized capital of Paramount Shipping Services Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.

  • What is the compliance status of Paramount Shipping Services Private Limited?

    The compliance status of Paramount Shipping Services Private Limited is Compliant.

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