About Paramount Syntex Limited
Data last updated:
Paramount Syntex Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 08 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1996PLC097972. Its GSTIN is 03AABCP6082F1ZO (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹11.96 Cr. It is led by directors including Puneet Arora (Managing Director) and Kumkum Arora (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹92.78 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹11.02 Cr (net margin 11.9%) and EBITDA of ₹17.5 Cr (EBITDA margin 18.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 11% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paramount Syntex Ltd. As per MCA filings, the company has open charges of ₹48.5 Cr and satisfied charges of ₹26.42 Cr on record. The company has 1 deal on record (1 ipo); the latest was in October 2026. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Prince Ginning and Pressing Private Limited with revenue of ₹93.11 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramountsyntex.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address32 Floor – 3 Plot 196/198 Bhagwan Bhuwan Hazrat Abbas Raod, Samuel Street Vadgadi Masjid Chinchbunder, Mumbai, Maharashtra, India – 400009
- IndustryAppreal & Fashion, Leather, Apparel, Textile
- 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
- One PDF report, delivered after checkout
Business Activity of Paramount Syntex Limited
The main business activity of Paramount Syntex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Paramount Syntex Limited FY 2024 filings available
Paramount Syntex Limited reported revenue of ₹92.78 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Paramount Syntex Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 5% growth in the latest year. EBITDA rose 13% 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 of Paramount Syntex Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.5 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.02 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Paramount Syntex Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paramount Syntex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Paramount Syntex Limited
Paramount Syntex Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prince Ginning and Pressing Private Limited | ₹93.11 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Katol, Maharashtra, India |
| Raju Spinning Mills Private Limited | ₹93.09 Cr (FY 2022) | •••• | •••• | 49.0% | •••• | Tamil Nadu, India |
| Durgalakshmi Jute Mills Private Limited | ₹92.99 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Gangarampur, West Bengal, India |
| SVP Global Textiles Limited Listed | ₹92.97 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Mumbai, Maharashtra, India |
| SVR Spinning Mills Private Limited | ₹92.87 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Tetali, Andhra Pradesh, India |
| Paramount Syntex Limited this company | ₹92.78 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Vaibhav Processing Mills Private Limited | ₹92.77 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Erode, Tamil Nadu, India |
| Tulsi Cotton Mills Private Limited | ₹92.74 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Pali, Rajasthan, India |
| Pallava Fine Fab Private Limited | ₹92.72 Cr (FY 2025) | •••• | •••• | 11444.0% | •••• | Erode, Tamil Nadu, India |
| Fabstract Clothing India Private Limited | ₹92.56 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | New Delhi, Delhi, India |
| Suvasa Apparel and Furnishing Private Limited | ₹92.36 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Paramount Syntex by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors and KMP of Paramount Syntex Limited
Paramount Syntex Limited currently reports 5 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpi Jain Also directs: Promax Power Limited | Director | 19 Jul 2024 | 2 Years 2 Months | Current |
| Mohit Bedi Also directs: Abizchancellor Law LLP, Kalyani Aditya Mineral Limited | Director | 07 Aug 2024 | 2 Years 2 Months | Current |
| Manish Chhabra Also directs: Corpburge Advisors LLP | Director | 22 Oct 2024 | 1 Years 11 Months | Current |
| Sharad Kumar Srivastava | Cfo | 11 Oct 2023 | 3 Years 0 Months | Current |
| Puneet Arora | Managing Director | 08 Jan 2008 | 18 Years 9 Months | Current |
| Kumkum Arora Also directs: Paraspin Impex Private Limited | Whole-Time Director | 24 Jul 2020 | 6 Years 2 Months | Current |
Charges & Borrowings of Paramount Syntex Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2025 | Hdfc Bank Limited | ₹13.1 Lakh | Open |
| 28 Feb 2025 | Hdfc Bank Limited | ₹8.15 Lakh | Open |
| 27 Feb 2025 | Others | ₹3.86 Cr | Open |
| 25 Feb 2025 | Hdfc Bank Limited | ₹4.61 Lakh | Open |
| 21 Feb 2025 | Hdfc Bank Limited | ₹35 Lakh | Open |
Total charge records: 20 View all charges
Deals & Funding of Paramount Syntex Limited
Paramount Syntex Limited has 1 deal on record (1 ipo); the latest was in October 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2026 | IPO | ₹81.79 Cr | Investors: Public Market Investors |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Paramount Syntex Limited
Paramount Syntex operates one associated brand: Paramount Syntex Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of acrylic yarns and fibers in India. | paramountsyntex.com |
Employees and EPFO Compliance at Paramount Syntex Limited
Employment history and EPFO contributions of people linked to Paramount Syntex.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Paramount Syntex Limited
Paramount Syntex has one previous CIN (Corporate Identification Number): U17110MH1996PTC097972. The current CIN is U17110MH1996PLC097972, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17110MH1996PLC097972 | Current |
| U17110MH1996PTC097972 | Previous |
News related to Paramount Syntex Limited
Recent Activity on Paramount Syntex Limited
Paramount Syntex Limited has 16 board changes on record since 2008: 6 appointments and 10 cessations. The latest: Manish Chhabra ceased to be Additional Director on 26 Nov 2024.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paramount Syntex Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paramount Syntex Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paramount Syntex Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Paramount Syntex Limited
Paramount Syntex has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCP6082F1ZO | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paramount Syntex Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paramount Syntex Limited
Paramount Syntex is an active public limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 08 March 1996 (30+ years old) and is registered under CIN U17110MH1996PLC097972.
Paramount Syntex reported revenue of ₹92.78 Cr for FY 2024 (up 5% YoY).
Paramount Syntex has 6 current directors and KMP:
- Puneet Arora - Managing Director
- Kumkum Arora - Whole-Time Director
- Shilpi Jain - Director
- Mohit Bedi - Director
- Manish Chhabra - Director
- Sharad Kumar Srivastava - Cfo
Paramount Syntex reported a net profit of ₹11.02 Cr (net margin 11.9%) and EBITDA of ₹17.5 Cr (EBITDA margin 18.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paramount Syntex is 16% over three years and 11% over five years. In the latest year (FY 2024) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paramount Syntex is 03AABCP6082F1ZO, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Paramount Syntex is U17110MH1996PLC097972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Syntex was incorporated on 08 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Paramount Syntex has 1 deal on record (1 ipo); the latest was in October 2026.
The peers of Paramount Syntex by revenue are Prince Ginning and Pressing Private Limited, Raju Spinning Mills Private Limited, Durgalakshmi Jute Mills Private Limited, SVP Global Textiles Limited, SVR Spinning Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Manish Chhabra ceased to be Additional Director on 26 Nov 2024. Manish Chhabra was appointed as Director on 22 Oct 2024. Mohit Bedi ceased to be Additional Director on 29 Sep 2024. Paramount Syntex has 16 board changes on record in total.