Paras Attire Private Limited
About Paras Attire Private Limited
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Paras Attire Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 29 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18109GJ2012PTC069637. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Avikumar Shah and Dipabahen Ajitkumar Shah.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No. F – 1 Sayan Textile Park Icchapore Tal:Choryasi, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2018, the company reported a revenue of ₹9.78 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹13,088 (net margin 0%) and EBITDA of ₹31.35 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has satisfied charges of ₹3.85 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paras Attire Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. F – 1 Sayan Textile Park Icchapore Tal:Choryasi, Surat, Gujarat, India – 394510
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Paras Attire 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 Paras Attire 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 Paras Attire Private Limited, buy the company report.
Financials of Paras Attire Private Limited
FY 2018 filings availableParas Attire Private Limited reported revenue of ₹9.78 Cr (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 25% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹9.78 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹31.35 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹13,088 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.2% | |||
| Net Profit Margin | 0% | |||
| 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 Paras Attire Private Limited, buy the company report.
Board of directors of Paras Attire Private Limited
Paras Attire 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 |
|---|---|---|---|---|
| Avikumar Shah | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
| Dipabahen Ajitkumar Shah | Director | 29 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
Paras Attire Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dineshchandra Fulchand Batavia Apparels Private Limited | ₹9.81 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Brandhut Apparels Private Limited | ₹9.79 Cr (FY 2025) | 283.0% | Faridabad, Haryana, India | |||
| Shree Chintpurni Apparels Private Limited | ₹9.79 Cr (FY 2024) | 15.0% | Delhi, India | |||
| Paras Attire Private Limitedthis company | ₹9.78 Cr (FY 2018) | -₹13,088 | 0% | -13.0% | Surat, Gujarat, India | |
| B. A. Enterprises Pvt Ltd | ₹9.78 Cr (FY 2025) | 32.0% | Kolkata, West Bengal, India | |||
| Neeraj Enterprises Private Limited | ₹9.78 Cr (FY 2025) | 216.0% | Tamil Nadu, India | |||
| Girdharwal Clothing Company Private Limited | ₹9.73 Cr (FY 2025) | -14.0% | Delhi, India | |||
| Fashion Queen Private Limited | ₹9.73 Cr (FY 2024) | -28.0% | Mumbai, Maharashtra, India | |||
| Royaltrek Enterprises (OPC) Private Limited | ₹9.72 Cr (FY 2017) | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Paras Attire Private Limited, buy the company report.
Auditor
Paras Attire Private Limited is audited by KANSARIWALA & CHEVLI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANSARIWALA & CHEVLI | FY 2018 | 123689W |
Shareholding
The shareholding of Paras Attire Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Paras Attire Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2016 | 10622244 | Others | ₹2 Cr | Satisfied | |
| 05 Jan 2015 | 10546089 | The Cosmos Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied | |
| 07 Nov 2012 | 10387875 | The Cosmos Co-Operative Bank Ltd. | ₹25 Lakh | Satisfied | |
| 30 May 2012 | 10361317 | The Cosmos Co-Operative Bank Ltd | ₹1.4 Cr | Satisfied |
To see the full charge records of Paras Attire Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Paras Attire Private Limited has 10 court cases on record: 3 filed by Paras Attire, 7 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 7 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by HDFC Bank Ltd - Nirav Patel | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S Pankil Clothing | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Pankil Clothing | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S Pankil Clothing | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by M/S Pankil Clothing | Disposed |
To see the full case history of Paras Attire 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 Paras Attire Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Attire has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paras Attire Private Limited, buy the company report.
Recent activity
Paras Attire Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Avikumar Shah was appointed as Director on 05 Feb 2018.
4 earlier events are in the company report.
Frequently asked questions
Paras Attire is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 29 March 2012 (14+ years old) and is registered under CIN U18109GJ2012PTC069637.
Paras Attire has 2 current directors:
- Avikumar Shah - Director
- Dipabahen Ajitkumar Shah - Director
The latest financial statements of Paras Attire on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Paras Attire has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Paras Attire is U18109GJ2012PTC069637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Attire has 10 court cases on record: 3 filed by the company and 7 filed against it. 1 is pending.
Paras Attire was incorporated on 29 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Paras Attire by revenue are Dineshchandra Fulchand Batavia Apparels Private Limited, Brandhut Apparels Private Limited, Shree Chintpurni Apparels Private Limited, B. A. Enterprises Pvt Ltd, Neeraj Enterprises Private Limited and 3 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Avikumar Shah was appointed as Director on 05 Feb 2018. Ajitkumar Manubhai Shah ceased to be Director on 20 Dec 2017. Dipabahen Ajitkumar Shah was appointed as Director on 29 Mar 2012.
The registered office of Paras Attire is at Plot No. F – 1 Sayan Textile Park Icchapore Tal:Choryasi, Surat, Gujarat, India – 394510.
Paras Attire operates in the home and lifestyle industry, in the textile retail and distribution segment.