Paramount Texfab Private Limited
About Paramount Texfab Private Limited
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Paramount Texfab Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 December 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1999PTC122885. Its GSTIN is 27AADCS8675D1Z2 (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.14 Cr. It was formerly known as Sipani Textiles Private Limited and Sipani Textile Private Limited. It is led by directors including Mobinul Mazharul Haq Chowdhry and Siby Varghese.
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 House No 1468 Survey No 28/6 29/9 And 29/12, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.97 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹70.13 Lakh (net margin -3.2%) and EBITDA of -₹12.1 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹7.29 Cr and satisfied charges of ₹21.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressHouse No 1468 Survey No 28/6 29/9 And 29/12, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
- 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
Name History of Paramount Texfab Private Limited
Paramount Texfab has undergone 2 name changes throughout its history. The company was previously known as Sipani Textiles Private Limited, and Sipani Textile Private Limited. The current legal name is Paramount Texfab Private Limited.
| Company Name | Status |
|---|---|
| Paramount Texfab Private Limited | Current |
| Sipani Textiles Private Limited | Previous |
| Sipani Textile Private Limited | Previous |
Business Activity of Paramount Texfab Private Limited
The main business activity of Paramount Texfab 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.
Auditor Details of Paramount Texfab Private Limited
Paramount Texfab Private Limited is audited by Krishna R. Moondra & Associates LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Krishna R. Moondra & Associates LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Paramount Texfab Private Limited
Paramount Texfab has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mobinul Mazharul Haq Chowdhry Also directs: Paramount Fabrics Private Limited | Director | 03 Sep 2012 | 14 Years 1 Months | Current |
| Siby Varghese Also directs: Daanies Impex Private Limited | Director | 21 May 2025 | 1 Years 4 Months | Current |
| Varughese Philip Also directs: Daanies Impex Private Limited | Director | 21 May 2025 | 1 Years 4 Months | Current |
Financials of Paramount Texfab Private Limited FY 2025 filings available
Paramount Texfab Private Limited reported revenue of ₹21.97 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paramount Texfab Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 30% fall in the latest year. EBITDA fell 112% 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 Texfab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹12.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70.13 Lakh | •••• | •••• | •••• | •••• |
| 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 Texfab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.2% | •••• | •••• | •••• | •••• |
| 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 Texfab 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.
Ownership and Shareholding of Paramount Texfab Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Paramount Texfab Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2025 | Others | ₹7.29 Cr | Open |
| 23 Feb 2016 | Indian Bank | ₹1.5 Cr | Satisfied |
| 28 Feb 2005 | State Bank of India | ₹16.04 Cr | Satisfied |
| 03 Mar 2004 | The Shamrao Vithal Co Op Bank Ltd | ₹50 Lakh | Satisfied |
| 03 Mar 2004 | The Shamrao Vithal Co Op Bank Ltd | ₹1.7 Cr | Satisfied |
Total charge records: 9 View all charges
Employees and EPFO Compliance at Paramount Texfab Private Limited
Paramount Texfab Private Limited has a workforce of 4 employees as of Apr 05, 2024.
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.
GST Compliance of Paramount Texfab Private Limited
Paramount Texfab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS8675D1Z2 | Maharashtra | 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.
Credit Ratings, Litigation & Regulatory Alerts for Paramount Texfab Private 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 Texfab Private 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 Texfab Private 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.
MCA Filings & Documents of Paramount Texfab Private 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.
Recent Activity on Paramount Texfab Private Limited
Frequently Asked Questions about Paramount Texfab Private Limited
Paramount Texfab is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 December 1999 (27+ years old) and is registered under CIN U17100MH1999PTC122885.
Paramount Texfab reported revenue of ₹21.97 Cr for FY 2025 (down 30% YoY).
Paramount Texfab has 3 current directors:
- Mobinul Mazharul Haq Chowdhry - Director
- Siby Varghese - Director
- Varughese Philip - Director
Paramount Texfab reported a net loss of ₹70.13 Lakh (net margin -3.2%) and EBITDA of -₹12.1 Lakh (EBITDA margin -0.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paramount Texfab is -6% over three years. In the latest year (FY 2025) revenue fell 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paramount Texfab is 27AADCS8675D1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paramount Texfab is U17100MH1999PTC122885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Texfab was incorporated on 02 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The registered office of Paramount Texfab is at House No 1468 Survey No 286 299 And 2912, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302.