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Paras Avenues Private Limited - Company Profile

It is a real estate and construction private limited company based in Surat, Gujarat, India, established in 1988.

1988 | Surat, Gujarat, India | Active
Last Updated:

About Paras Avenues Private Limited

Paras Avenues Private Limited, a active private limited company, was established on 11 April 1988 in Surat, Gujarat, India. Engaging in real estate builders & developers within the real estate and construction sector, it holds CIN: U70109GJ1988PTC010559. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.54 M.

Formerly known as Vir Silk Mills Pvt Ltd. It upholds a compliant status. Its leadership includes Ashokkumar Raghubirsingh Jain (Director), Rahul Kailashchand Jain (Director), Richa Abhishek Jain (Director). Past directors included Ashokkumar Raghubirsingh Jain, Kiran Anandkumar Jain, Kailashchand Raghubirsingh Jain. It holds ₹5.49 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1St Floor, Dhamanwala Complex Opp. Rajkumar Cinema, Udhna Darwaja, Surat, Gujarat, 395002.

Company Details

  • CIN/LLPIN

    U70109GJ1988PTC010559

  • Registration Number

    010559

  • Incorporation Date

    11 April 1988

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.54 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.54 M
  • Company Age 37 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.49 Cr
  • Revenue Growth -25.17%
  • Profit Growth -26.31%
  • Ebitda -77.23%
  • Net Worth 7.03%
  • Total Assets -5.31%
Company report

Paras Avenues Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Paras Avenues Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paras Avenues Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ashokkumar Raghubirsingh JainDirector17 Mar 2015Current
Rahul Kailashchand JainDirector17 Mar 2015Current
Richa Abhishek JainDirector17 Mar 2015Current
Kamladevi Devraj JainDirector17 Mar 2015Current
Shilpa Rahul JainDirector17 Mar 2015Current
Kiran Anandkumar JainDirector07 Jun 2007Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector18 Feb 2014Past
Pramod AbcsddAdditional Director30 Sep 2010Past
Pramod AbcsddDirector18 Feb 2014Past

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Financial Performance of Paras Avenues.

Paras Avenues Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.17% decrease. The company also saw a substantial fall in profitability, with a 26.31% decrease in profit. The company's net worth moved up by a moderate rise of 7.03%.

Paras Avenues revenue growth over time
Paras Avenues profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.17%
Revenue from Operations
Total Assets
-5.31%
Profit or Loss
-26.31%
Net Worth
7.03%
EBITDA
-77.23%

What is the Ownership and Shareholding Structure of Paras Avenues?

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Charges (Loans)

Open Charges

₹54,900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 2.89 Cr
  • Gujarat Industrial Investment Corporation Ltd. : 1.82 Cr
  • New Bank Of India : 0.63 Cr
  • New Bank Of India : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
16 Mar 1996Union Bank Of India₹8.70 MOpen
17 Jan 1996Union Bank Of India₹1.37 CrOpen
20 Nov 1995Gujarat Industrial Investment Corporation Ltd.₹1.19 CrOpen
22 Nov 1994Union Bank Of India₹4.50 MOpen
26 Apr 1990New Bank Of India₹6.30 MOpen

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How Many Employees Work at Paras Avenues?

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Employee growth trends for Paras Avenues Private Limited

Deals i

Graph showing company valuation over time

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Rating

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Alerts

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Latest Updates, News, and FAQs on Paras Avenues

Recent Activity within the Organization

  • Annual General Meeting

    The activity Paras Avenues Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Paras Avenues Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Director Appointment

    Ashokkumar Raghubirsingh Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 10 years 10 months . was recorded as a recent event.

  • Director Appointment

    Progress on Rahul Kailashchand Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 10 years 10 months . was documented.

  • Director Appointment

    Richa Abhishek Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 10 years 10 months . was recorded as a recent event.

  • Director Appointment

    The activity Kamladevi Devraj Jain was appointed as a Director was appointed as a Director on 17 Mar 2015 & has been associated with this company since 10 years 10 months . was completed.

Frequently Asked Questions

  • What is the CIN of Paras Avenues Private Limited?

    The CIN of Paras Avenues Private Limited is U70109GJ1988PTC010559.

  • Where is Paras Avenues Private Limited headquartered?

    Paras Avenues Private Limited is headquartered at 1St Floor, Dhamanwala Complex Opp. Rajkumar Cinema, Udhna Darwaja, Surat, Gujarat, 395002.

  • When was Paras Avenues Private Limited incorporated?

    Paras Avenues Private Limited was incorporated on 11 April 1988.

  • Who are the current directors of Paras Avenues Private Limited?

    The current directors of Paras Avenues Private Limited are

  • What is the primary industry of Paras Avenues Private Limited?

    The primary industry of Paras Avenues Private Limited is Real Estate And Construction.

  • Is Paras Avenues Private Limited a listed company?

    Paras Avenues Private Limited is unlisted.

  • What is the capital structure of Paras Avenues Private Limited?

    The authorized capital of Paras Avenues Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.54 M.

  • What is the compliance status of Paras Avenues Private Limited?

    The compliance status of Paras Avenues Private Limited is Compliant.

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