Paramount Syncot Private Limited
About Paramount Syncot Private Limited
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Paramount Syncot Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45209MH1982PTC028395. Its GSTIN is 27AABCS2064E1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Shree Bhagwan Textile Industries Ltd and Paramount Syncot Limited. It is led by directors including Shamimul Moinul Haq Chowdhry and Ziaul Moinul Haq Chowdhry.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 – A Dindoshi Village Nr Kotakr Estate Off Aarey Road Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.63 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹77.37 Lakh and EBITDA of -₹29.14 Lakh (EBITDA margin -302.6%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 67% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.65 Cr and satisfied charges of ₹9.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Paramount Syncot has undergone 2 name changes throughout its history. The company was previously known as Shree Bhagwan Textile Industries Ltd, and Paramount Syncot Limited. The current legal name is Paramount Syncot Private Limited.
| Company Name | Status |
|---|---|
| Paramount Syncot Private Limited | Current |
| Shree Bhagwan Textile Industries Ltd | Previous |
| Paramount Syncot Limited | Previous |
CIN history
Paramount Syncot has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45209MH1982PTC028395, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209MH1982PTC028395 | Current |
| U17120MH1982PLC028395 | Previous |
| U17120MH1982PTC028395 | Previous |
Contact details
Paramount Syncot Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5 – A Dindoshi Village Nr Kotakr Estate Off Aarey Road Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Paramount Syncot 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 Syncot is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Paramount Syncot Private Limited, buy the company report.
Financials of Paramount Syncot Private Limited
FY 2025 filings availableParamount Syncot Private Limited reported revenue of ₹9.63 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 94% fall in the latest year. EBITDA rose 88% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹29.14 Lakh | ||||
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| Net Profit (PAT) | -₹77.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -302.6% | ||||
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To see the full financial statements and ratios of Paramount Syncot Private Limited, buy the company report.
Board of directors of Paramount Syncot Private Limited
Paramount Syncot has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shamimul Moinul Haq Chowdhry | Director | 16 Nov 2009 | 16 Years 11 Months | Current |
| Ziaul Moinul Haq Chowdhry Also directs: Paramount Silk Mills Pvt Ltd | Director | 04 Mar 2014 | 12 Years 7 Months | Current |
| Prasad Mahadeo Pabrekar | Director | 25 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Paramount Syncot Private Limited is audited by HEM K DAVE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEM K DAVE & CO | FY 2023 | 147878W |
Shareholding
The shareholding of Paramount Syncot Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramount Syncot Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2019 | 100303443 | Others | ₹80 Lakh | Open | |
| 31 Mar 2015 | 10569189 | Others | ₹1.35 Cr | Open | |
| 03 Feb 2014 | 10481566 | Apna Sahakari Bank Limited | ₹5 Cr | Open | |
| 30 Jan 2014 | 10481569 | Others | ₹7.5 Cr | Open | |
| 30 Jan 2014 | 10481612 | Apna Sahakari Bank Limited | ₹3 Cr | Open |
To see the full charge records of Paramount Syncot Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Paramount Syncot Private Limited has 1 court case on record: 1 filed by Paramount Syncot. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Mah'tra State Electricity Board and Anr. | Disposed |
To see the full case history of Paramount Syncot 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 Syncot Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paramount Syncot Private Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Paramount Syncot has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS2064E1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Syncot Private Limited, buy the company report.
Recent activity
Paramount Syncot Private Limited has 15 board changes on record since 1982: 9 appointments and 6 cessations. The latest: Prasad Mahadeo Pabrekar was appointed as Director on 25 Jun 2025.
25 earlier events are in the company report.
Frequently asked questions
Paramount Syncot is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 October 1982 (44+ years old) and is registered under CIN U45209MH1982PTC028395.
Paramount Syncot has 3 current directors:
- Shamimul Moinul Haq Chowdhry - Director
- Ziaul Moinul Haq Chowdhry - Director
- Prasad Mahadeo Pabrekar - Director
The latest financial statements of Paramount Syncot on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramount Syncot is 27AABCS2064E1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paramount Syncot is U45209MH1982PTC028395. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Syncot has 1 court case on record: 1 filed by the company.
Paramount Syncot was incorporated on 06 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Prasad Mahadeo Pabrekar was appointed as Director on 25 Jun 2025. Moinulhaq Haji Abdulhaq Choudhary ceased to be Director on 04 Jun 2021. Rayyan Shamim Ul Haq Chowdhry ceased to be Director on 30 Apr 2019. Paramount Syncot has 15 board changes on record in total.
The registered office of Paramount Syncot is at 5 – A Dindoshi Village Nr Kotakr Estate Off Aarey Road Goregaon East, Mumbai, Maharashtra, India – 400063.
Paramount Syncot operates in the home and lifestyle industry, in the textile retail and distribution segment.