Paramount Steels Limited - Company Profile

It is a metals and minerals public limited company based in Na, Punjab, India, established in 1981.
1981 Na, Punjab, India Active
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About Paramount Steels Limited

Paramount Steels Limited, a active public limited company, was established on 12 June 1981 in Na, Punjab, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L27109PB1981PLC021435. Registered under ROC Roc Chandigarh. it is listed. It has an authorized capital of ₹3.00 Cr and a paid-up capital of ₹1.49 Cr.

It upholds a active non-compliant status. Employing 2 professional, Its leadership includes Virender Singh (Director), Sudershan Kumar (Managing Director), Sudesh Kumar (Whole-Time Director). Past directors included Kritika Sagar, Narinder Kumar, Virender Singh. It holds ₹15.00 Cr open charges and ₹29.14 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at B-56, Phas4E Vii, Focal Pointludhiana, Na, Punjab.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    L27109PB1981PLC021435

  • Registration Number

    021435

  • Incorporation Date

    12 June 1981

  • Authorized Capital

    ₹3.00 Cr

  • Paid-Up Capital

    ₹1.49 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.49 Cr
  • Company Age 44 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 29.14 Cr
  • Revenue Growth **** -99.17%
  • Profit Growth **** 74.61%
  • Ebitda **** 85.92%
  • Net Worth -11.67%
  • Total Assets -5.40%
Company report

Paramount Steels Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Paramount Steels 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 Steels Limited?
Current Directors
Name Designation Appointment Date Status
Virender Singh Director 06 Apr 2024 Current
Sudershan Kumar Managing Director 01 Aug 2010 Current
Sudesh Kumar Whole-Time Director 01 Aug 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Additional Director 05 Mar 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 04 May 2007 Past
Pramod Abcsdd Director 29 Jun 2007 Past
Pramod Abcsdd Director 04 Jun 2019 Past

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Financial Performance of Paramount Steels.

Paramount Steels Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.17% decrease. The company also saw a substantial improvement in profitability, with a 74.61% increase in profit. The company's net worth observed a substantial decline by a decrease of 11.67%.

Paramount Steels revenue growth over time
Paramount Steels profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 -99.17%
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*******
*******
Revenue from Operations
*******
 -99.39%
*******
*******
*******
*******
Total Assets
*******
 -5.40%
*******
*******
*******
*******
Profit or Loss
*******
 74.61%
*******
*******
*******
*******
Net Worth
*******
 -11.67%
*******
*******
*******
*******
EBITDA
*******
 85.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Paramount Steels?

In 2023, Paramount Steels had a promoter holding of 38.01% and a public holding of 62.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹150,000,000.00

Satisfied Charges

₹291,377,000.00

Charges Breakdown by Lending Institutions
  • Corporation Bank : 10.00 Cr
  • Others : 5.00 Cr
Latest Charge Details
Date Lender Amount Status
19 Nov 2015 Others ₹5.00 Cr Open
07 Feb 2014 Corporation Bank ₹10.00 Cr Open
07 Aug 2014 Corporation Bank ₹2.50 Cr Satisfied
21 Jan 2012 Bajaj Finance Limited ₹2.55 Cr Satisfied
06 Dec 2005 Punjab National Bank ₹5.00 Cr Satisfied

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How Many Employees Work at Paramount Steels?

Paramount Steels has a workforce of 2 employees as of Apr 09, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paramount Steels, 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 Steels'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.

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Latest Updates, News, and FAQs on Paramount Steels
Recent Activity within the Organization
  • Annual General Meeting

    The activity Paramount Steels Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Paramount Steels Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.

  • Director Appointment

    Navdeep Singh was appointed as a Cfo was appointed as a Cfo on 25 May 2024 & has been associated with this company since 1 year 11 months . was recorded as a recent event.

  • Director Appointment

    The activity Virender Singh was appointed as a Director was appointed as a Director on 06 Apr 2024 & has been associated with this company since 2 years 24 days . was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100019111 was registered on 19 Nov 2015. was documented.

  • Charges

    The activity A charge with Corporation Bank of Rs. 10.00 Cr registered on 07 Feb 2014 with Charge ID 10481105 was modified on 30 Mar 2015. was completed.

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Frequently Asked Questions
What is the CIN of Paramount Steels Limited?

The CIN of Paramount Steels Limited is L27109PB1981PLC021435.

Where is Paramount Steels Limited headquartered?

Paramount Steels Limited is headquartered at B-56, Phas4E Vii, Focal Pointludhiana, Na, Punjab.

When was Paramount Steels Limited incorporated?

Paramount Steels Limited was incorporated on 12 June 1981.

Who are the current directors of Paramount Steels Limited?

The current directors of Paramount Steels Limited are

What is the primary industry of Paramount Steels Limited?

The primary industry of Paramount Steels Limited is Manufacturing.

Is Paramount Steels Limited a listed company?

Paramount Steels Limited is listed.

What is the capital structure of Paramount Steels Limited?

The authorized capital of Paramount Steels Limited is ₹3.00 Cr, and the paid-up capital is ₹1.49 Cr.

What is the compliance status of Paramount Steels Limited?

The compliance status of Paramount Steels Limited is Active Non-Compliant.

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