About Paras Chemcare Private Limited
Data last updated:
Paras Chemcare Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 18 March 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74100MH1997PTC106677. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.62 Lakh. It was formerly known as Paras Chemplast Private Limited.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 202 2nd Floor Shivdutta Topiwala Lane Goregaon – West, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2018, the company reported a revenue of ₹54 Lakh. For the same year it recorded a net profit of ₹40.61 Lakh (net margin 75.2%) and EBITDA of ₹53.79 Lakh (EBITDA margin 99.6%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years.
As per MCA filings, the company has satisfied charges of ₹7 Cr on record. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2012.
The last known website on record is paraschem.com.
Company details
Contact details
Paras Chemcare Private Limited's registered office is in Mumbai, Maharashtra. Its website is paraschem.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address202 2nd Floor Shivdutta Topiwala Lane Goregaon – West, Mumbai, Maharashtra, India – 400062
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Paras Chemcare 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
Financials of Paras Chemcare Private Limited
FY 2018 filings availableParas Chemcare Private Limited reported revenue of ₹54 Lakh for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over three years. 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 | ||||
| Other Income | ||||
| Total Revenue | ₹54 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹53.79 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40.61 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 99.6% | |||
| Net Profit Margin | 75.2% | |||
| 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 | ||||
To see the full financial statements and ratios of Paras Chemcare Private Limited, buy the company report.
Board of directors of Paras Chemcare Private Limited
Paras Chemcare has 4 former directors on record and no current directors listed.
Auditor
Paras Chemcare Private Limited is audited by MITUL B. SHAH & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITUL B. SHAH & ASSOCIATES | FY 2018 | 106462W |
Shareholding
The shareholding of Paras Chemcare Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Paras Chemcare Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Aug 2013 | 10448613 | Citibank N. A. | ₹2 Cr | Satisfied | |
| 25 Jan 2002 | 80032660 | Citibank N.A. | ₹5 Cr | Satisfied |
To see the full charge records of Paras Chemcare Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Paras Chemcare Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Rameshchandra J Shah HUF, 3 individuals |
| Feb 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Rameshchandra J Shah HUF, an individual |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: Rameshchandra J Shah HUF, an individual Seller: Vinod C Shah HUF, 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Paras Chemcare 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 Paras Chemcare Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Chemcare has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paras Chemcare Private Limited, buy the company report.
Recent activity
Paras Chemcare Private Limited has 4 board changes on record since 2019: 0 appointments and 4 cessations. The latest: Ajay Vinod Shah ceased to be Director on 11 Jul 2019.
Frequently asked questions
Paras Chemcare has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Paras Chemcare was a private limited company based in Mumbai, Maharashtra, India. The company worked in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 18 March 1997 and is registered under CIN U74100MH1997PTC106677. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Paras Chemcare is U74100MH1997PTC106677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Chemcare was incorporated on 18 March 1997. It is registered with the Registrar of Companies, Mumbai.
Paras Chemcare can be reached through the website paraschem.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paras Chemcare is at 202 2nd Floor Shivdutta Topiwala Lane Goregaon – West, Mumbai, Maharashtra, India – 400062.
The latest financial statements of Paras Chemcare on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Paras Chemcare has 2 GST registrations on record and all of them are cancelled or inactive.
Paras Chemcare operated in the chemicals and materials industry, in the chemical distribution and retail segment.
Paras Chemcare has 4 deals on record (4 secondary share transfers); the latest was in March 2012.
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