About Paramox Industries Private Limited
Data last updated:
Paramox Industries Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 19 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2020PTC117466. Its GSTIN is 24AALCP5161F1ZG (Gujarat).
The company has an authorised share capital of ₹44 Lakh and a paid-up capital of ₹44 Lakh. It is led by directors Mitesh Patel Kantilal and Sejalben Miteshkumar Patel.
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 E – 26 Suryapur Society Opp Rushabh Tower Adajan Patiya, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.84 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹24.04 Lakh (net margin 3.1%) and EBITDA of ₹1 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
As per MCA filings, the company has open charges of ₹7.05 Cr and satisfied charges of ₹3.2 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cristallubes.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressE – 26 Suryapur Society Opp Rushabh Tower Adajan Patiya, Surat, Gujarat, India – 395009
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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 Paramox Industries Private Limited
The main business activity of Paramox Industries is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Paramox Industries Private Limited FY 2025 filings available
Paramox Industries Private Limited reported revenue of ₹7.84 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paramox Industries Private Limited
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. 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 Paramox Industries 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 | ₹1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹24.04 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 Paramox Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Paramox Industries are in the company report.
Financial statements from FY 2021
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 Paramox Industries Private Limited
Paramox Industries Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meghnagar Petrochemicals Private Limited | ₹8.21 Cr (FY 2023) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Aadidev Petrochemicals Private Limited | ₹8.17 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Delhi, India |
| Samsoil Petroleum India Limited | ₹8.17 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Patiala, Punjab, India |
| Sahay ML Additives Private Limited | ₹7.91 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Secunderabad, Telangana, India |
| Avm Fuels Private Limited | ₹7.86 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Moranjana, Assam, India |
| Paramox Industries Private Limited this company | ₹7.84 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Surat, Gujarat, India |
| See Lube Technologies Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Ludhiana, Punjab, India |
| Ether Metalika Private Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | 287.0% | •••• | Ratu, Jharkhand, India |
| Yamuna Lubricants Private Limited | ₹7.74 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Mehsana, Gujarat, India |
| Geopetro Industries Private Limited | ₹7.74 Cr (FY 2025) | •••• | •••• | 113.0% | •••• | Khalapur, Maharashtra, India |
| Armaan Refinery Private Limited | ₹7.7 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Paramox Industries by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paramox Industries Private Limited
Paramox Industries Private Limited is audited by BJS & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BJS & CO | 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 Paramox Industries Private Limited
Paramox Industries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Patel Kantilal | Director | 19 Oct 2020 | 5 Years 11 Months | Current |
| Sejalben Miteshkumar Patel | Director | 06 Mar 2021 | 5 Years 7 Months | Current |
Ownership and Shareholding of Paramox Industries 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 Paramox Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Others | ₹2.25 Cr | Open |
| 12 May 2023 | The Sutex Co-Operative Bank Ltd. | ₹30 Lakh | Open |
| 17 Jul 2021 | The Sutex Co-Operative Bank Ltd. | ₹3.17 Cr | Open |
| 19 Jun 2021 | Others | ₹1.33 Cr | Open |
| 07 Feb 2024 | Others | ₹2.7 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of Paramox Industries Private Limited
Paramox Industries Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 2 | 2 | 1 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Weldfast Electrodes Private Limited | Pending |
| Bombay High Court | Court case (CRR) | Filed against the company by Castrol Limited | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Castrol Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Paramox Industries Private Limited
Paramox Industries Private Limited has a workforce of 0 employees as of Apr 06, 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.
Recent Activity on Paramox Industries Private Limited
Paramox Industries Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Jignesh Kantilal Patel ceased to be Director on 06 Mar 2021.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Paramox Industries 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 Paramox Industries 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 Paramox Industries 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.
GST Compliance of Paramox Industries Private Limited
Paramox Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCP5161F1ZG | Gujarat | Active | 26 Nov 2020 |
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 Paramox Industries 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.
Frequently Asked Questions about Paramox Industries Private Limited
Paramox Industries is an active private limited company based in Surat, Gujarat, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 19 October 2020 (6+ years old) and is registered under CIN U29309GJ2020PTC117466.
Paramox Industries reported revenue of ₹7.84 Cr for FY 2025 (down 2% YoY).
Paramox Industries has 2 current directors:
- Mitesh Patel Kantilal - Director
- Sejalben Miteshkumar Patel - Director
Paramox Industries reported a net profit of ₹24.04 Lakh (net margin 3.1%) and EBITDA of ₹1 Cr (EBITDA margin 12.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paramox Industries is 39% over three years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paramox Industries is 24AALCP5161F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Paramox Industries is U29309GJ2020PTC117466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramox Industries has 5 court cases on record: 5 filed against it. 1 is pending. Most are in the high courts.
Paramox Industries was incorporated on 19 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Paramox Industries by revenue are Meghnagar Petrochemicals Private Limited, Aadidev Petrochemicals Private Limited, Samsoil Petroleum India Limited, Sahay ML Additives Private Limited, Avm Fuels Private Limited and 5 more, all in the Chemicals industry (Petrochemicals).
Jignesh Kantilal Patel ceased to be Director on 06 Mar 2021. Sejalben Miteshkumar Patel was appointed as Director on 06 Mar 2021. Jignesh Kantilal Patel was appointed as Director on 19 Oct 2020. Paramox Industries has 4 board changes on record in total.