MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-15-0024133
Paramsidh Textiles Private Limited - home & lifestyle in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹58.02 Cr
▼ 32% YoY
Net profit · FY 2024
₹56.09 Lakh
Net margin 1%
EBITDA · FY 2024
₹1.08 Cr
EBITDA margin 1.9%
Authorised capital
₹13 Lakh
Registered with MCA
Paid-up capital
₹12.55 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹1.5 Cr
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Paramsidh Textiles Private Limited
Data last updated:
Paramsidh Textiles Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 14 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51101PN2005PTC169095. Its GSTIN is 27AADCR0815L1ZC (Maharashtra).
The company has an authorised share capital of ₹13 Lakh and a paid-up capital of ₹12.55 Lakh. It was formerly known as Radium Vanijya Private Limited. It is led by directors including Rachna Rajesh Poddar and Omprakash Bajaranglal Poddar.
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 Rajarshi Shahu Market Block No. – 4 Ichalkaranji 1st Floor, Pune, Maharashtra, India – 416115.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.02 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹56.09 Lakh (net margin 1%) and EBITDA of ₹1.08 Cr (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹1.5 Cr on record.
Paramsidh Textiles Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0024133). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paramsidh.com.
Company details
CIN U51101PN2005PTC169095
Registration Number 169095
Incorporation Date 14 July 2005
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-15-0024133
CIN history
Paramsidh Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51101PN2005PTC169095, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101PN2005PTC169095 | Current |
| U51101WB2005PTC104188 | Previous |
| U51109WB2005PTC104188 | Previous |
Key People
Rachna Rajesh Poddar Director Omprakash Bajaranglal Poddar Director Rajesh Poddar Director Recognitions & Rankings of Paramsidh Textiles
Contact details
Paramsidh Textiles Private Limited's registered office is in Pune, Maharashtra. Its website is paramsidh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRajarshi Shahu Market Block No. – 4 Ichalkaranji 1st Floor, Pune, Maharashtra, India – 416115
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Paramsidh Textiles Private Limited, buy the company report.
Comprehensive company report
Paramsidh Textiles Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Paramsidh Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Paramsidh Textiles Private Limited, buy the company report.
Financials of Paramsidh Textiles Private Limited
FY 2024 filings availableParamsidh Textiles Private Limited reported revenue of ₹58.02 Cr (down 32% YoY) for FY 2024.
Revenue · FY 2024
₹58.02 Cr ▼ 32%
Net profit · FY 2024
₹56.09 Lakh margin 1%
EBITDA · FY 2024
₹1.08 Cr margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 13%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 14%
3 years · compounded
▼ 3%
5 years · compounded
▼ 3%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 32% fall in the latest year. EBITDA fell 14% 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 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 | ₹1.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹56.09 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 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 | |||||
To see the full financial statements and ratios of Paramsidh Textiles Private Limited, buy the company report.
Board of directors of Paramsidh Textiles Private Limited
Paramsidh Textiles has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachna Rajesh Poddar | Director | 05 Sep 2012 | 14 Years 1 Months | Current |
| Omprakash Bajaranglal Poddar | Director | 05 Sep 2012 | 14 Years 1 Months | Current |
| Rajesh Poddar | Director | 05 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Paramsidh Textiles Private Limited is audited by Nitin J Ladha and Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nitin J Ladha and Company | FY 2023 | 133427W |
Shareholding
The shareholding of Paramsidh Textiles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paramsidh Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2015 | 10585060 | Tamilnad Mercantile Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Paramsidh Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Paramsidh Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paramsidh Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Paramsidh Textiles has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Associated companies
GST
Paramsidh Textiles has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR0815L1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramsidh Textiles Private Limited, buy the company report.
Recent activity
Paramsidh Textiles Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Asim Kumar Mondal ceased to be Director on 04 Mar 2013.
Charges
A charge registered on 27 Jul 2015 via Charge ID 10585060 with Tamilnad Mercantile Bank Limited was fully satisfied on 31 Oct 2024.
AGM
Paramsidh Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Paramsidh Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 10585060 was registered on 27 Jul 2015.
Ceased
Asim Kumar Mondal ceased to be Director.
Ceased
Dinesh Singh ceased to be Director.
Ceased
Goutam Banerjee ceased to be Director.
Appointed
Omprakash Bajaranglal Poddar was appointed as Director.
Appointed
Rachna Rajesh Poddar was appointed as Director.
Appointed
Rajesh Poddar was appointed as Director.
Ceased
Golam Mortiza Sk ceased to be Director.
Ceased
Kamal Kumar Agarwal ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Paramsidh Textiles is an active private limited company based in Pune, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 14 July 2005 (21+ years old) and is registered under CIN U51101PN2005PTC169095.
Paramsidh Textiles has 3 current directors:
- Rachna Rajesh Poddar - Director
- Omprakash Bajaranglal Poddar - Director
- Rajesh Poddar - Director
The latest financial statements of Paramsidh Textiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramsidh Textiles is 27AADCR0815L1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Paramsidh Textiles is U51101PN2005PTC169095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramsidh Textiles was incorporated on 14 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Asim Kumar Mondal ceased to be Director on 04 Mar 2013. Dinesh Singh ceased to be Director on 04 Mar 2013. Goutam Banerjee ceased to be Director on 04 Mar 2013. Paramsidh Textiles has 10 board changes on record in total.
Yes, Paramsidh Textiles is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-15-0024133).
Paramsidh Textiles can be reached through the website paramsidh.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Paramsidh Textiles is at Rajarshi Shahu Market Block No. – 4 Ichalkaranji 1st Floor, Pune, Maharashtra, India – 416115.