MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0053772
Paras Commercial Centre Private Limited
Paras Commercial Centre Private Limited - transport and logistics in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹9.79 Lakh
▼ 77% YoY
Net loss · FY 2022
₹19.61 Lakh
Net margin -200.4%
EBITDA · FY 2022
-₹1.71 Lakh
EBITDA margin -17.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹25.75 Cr
Satisfied ₹20.01 Cr
Company age
28 yrs
Est. 1998
Directors on board
3
As per MCA filings
About Paras Commercial Centre Private Limited
Data last updated:
Paras Commercial Centre Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 05 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH1998PTC117025. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Nandlal Madhavji Thakkar (Whole-Time Director) and Poonam Paras Thakkar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Gala No 17/1 Meghalindustrial Estate Devidayal Road Mulund West, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.79 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹19.61 Lakh (net margin -200.4%) and EBITDA of -₹1.71 Lakh (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹25.75 Cr and satisfied charges of ₹20.01 Cr on record. Court records list 25 cases involving the company, including 2 filed by the company and 23 filed against it; 5 cases are pending.
Paras Commercial Centre Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0053772). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55101MH1998PTC117025
Registration Number 117025
Incorporation Date 05 November 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0053772
Key People
Nandlal Madhavji Thakkar Whole-Time Director Poonam Paras Thakkar Director Heena Nandlal Thakkar Director Recognitions & Rankings of Paras Commercial Centre
Contact details
Paras Commercial Centre Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No 17/1 Meghalindustrial Estate Devidayal Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Paras Commercial Centre Private Limited, buy the company report.
Comprehensive company report
Paras Commercial Centre 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Paras Commercial Centre is transport and storage. In detail, this covers warehousing and storage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H6 | Warehousing and storage |
To see the full business activity and turnover split of Paras Commercial Centre Private Limited, buy the company report.
Financials of Paras Commercial Centre Private Limited
FY 2022 filings availableParas Commercial Centre Private Limited reported revenue of ₹9.79 Lakh (down 77% YoY) for FY 2022.
Revenue · FY 2022
₹9.79 Lakh ▼ 77%
Net loss · FY 2022
₹19.61 Lakh margin -200.4%
EBITDA · FY 2022
-₹1.71 Lakh margin -17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 67%
5 years · compounded
▼ 54%
EBITDA CAGR growth
1 year
▲ 64%
3 years · compounded
▼ 26%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 77% fall in the latest year. EBITDA rose 64% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹1.71 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.61 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.5% | ||||
| Net Profit Margin | -200.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Paras Commercial Centre Private Limited, buy the company report.
Board of directors of Paras Commercial Centre Private Limited
Paras Commercial Centre has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandlal Madhavji Thakkar Also directs: Shivoham Motels LLP, Paras Logistics Private Limited, Global Logistics Private Limited and 1 more | Whole-Time Director | 05 Nov 1998 | 27 Years 11 Months | Current |
| Poonam Paras Thakkar Also directs: Paras Logistics LLP | Director | 01 Apr 2015 | 11 Years 6 Months | Current |
| Heena Nandlal Thakkar | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Paras Commercial Centre Private Limited is audited by BILAKHIA RAVANI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BILAKHIA RAVANI & CO | FY 2019 | 131256W |
Shareholding
The shareholding of Paras Commercial Centre Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Paras Commercial Centre Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.75 Cr
Satisfied charges
₹20.01 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2016 | 100043487 | Others | ₹2.2 Cr | Open | |
| 02 Aug 2016 | 100043464 | Others | ₹3.75 Cr | Open | |
| 29 Feb 2016 | 100022687 | Others | ₹2 Cr | Open | |
| 21 Aug 2015 | 10589700 | Karnataka Bank Limited | ₹9 Cr | Open | |
| 31 May 2013 | 10432740 | Cholamandalam Investment and Finance Company Limited | ₹2.5 Cr | Open |
To see the full charge records of Paras Commercial Centre Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Paras Commercial Centre Private Limited has 25 court cases on record: 2 filed by Paras Commercial Centre, 23 filed against it. 5 cases are pending and 20 are disposed.
Total cases
25
Filed by the company
2
Filed against the company
23
Pending
5
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 4 |
| High courts | 5 | 3 | 1 |
| NCLAT | 5 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2501-Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016) | Filed against the company by M/S VRL Logistics Ltd. | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by VRL Logistics Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Ceat Limited Through Viral Savla | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Karnataka Bank Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Karnataka Bank Limited | Disposed |
To see the full case history of Paras Commercial Centre 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 Commercial Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Commercial Centre has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Paras Commercial Centre Private Limited, buy the company report.
Recent activity
Paras Commercial Centre Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Paras Nandlal Thakkar ceased to be Whole-Time Director on 01 Apr 2019.
AGM
Paras Commercial Centre Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Paras Commercial Centre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Paras Nandlal Thakkar ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 220.00 Lakh with Charge ID 100043487 was registered on 04 Aug 2016.
Charges
A charge with Others amounted to Rs. 375.00 Lakh with Charge ID 100043464 was registered on 02 Aug 2016.
Charges
A charge registered on 09 Aug 2014 via Charge ID 10517600 with Union Bank Of India was fully satisfied on 02 Aug 2016.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100022687 was registered on 29 Feb 2016.
Ceased
Poonam Paras Thakkar ceased to be Additional Director.
Charges
A charge registered on 24 Nov 2006 via Charge ID 10031085 with Union Bank Of India was fully satisfied on 22 Sep 2015.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 900.00 Lakh with Charge ID 10589700 was registered on 21 Aug 2015.
Charges
A charge registered on 07 May 2010 via Charge ID 10278015 with Pujab National Bank was fully satisfied on 01 Apr 2015.
Charges
A charge registered on 26 Mar 2010 via Charge ID 10278617 with Pujab National Bank was fully satisfied on 01 Apr 2015.
18 earlier events are in the company report.
Frequently asked questions
Paras Commercial Centre is an active private limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 05 November 1998 (28+ years old) and is registered under CIN U55101MH1998PTC117025.
Paras Commercial Centre has 3 current directors:
- Nandlal Madhavji Thakkar - Whole-Time Director
- Poonam Paras Thakkar - Director
- Heena Nandlal Thakkar - Director
The latest financial statements of Paras Commercial Centre on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Paras Commercial Centre has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Paras Commercial Centre is U55101MH1998PTC117025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Commercial Centre has 25 court cases on record: 2 filed by the company and 23 filed against it. 5 are pending. Most are in the district courts.
Paras Commercial Centre was incorporated on 05 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Paras Nandlal Thakkar ceased to be Whole-Time Director on 01 Apr 2019. Poonam Paras Thakkar ceased to be Additional Director on 30 Sep 2015. Poonam Paras Thakkar was appointed as Director on 01 Apr 2015. Paras Commercial Centre has 5 board changes on record in total.
Yes, Paras Commercial Centre is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0053772).
The registered office of Paras Commercial Centre is at Gala No 171 Meghalindustrial Estate Devidayal Road Mulund West, Mumbai, Maharashtra, India – 400080.