Paras Gears Private Limited - Company Profile

It is a machinery and equipment private limited company based in Ahmedabad, Gujarat, India, established in 1998.
1998 Ahmedabad, Gujarat, India Active
Last Updated:
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About Paras Gears Private Limited

Paras Gears Private Limited, a active private limited company, was established on 31 July 1998 in Ahmedabad, Gujarat, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U28999GJ1998PTC034479. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.48 M.

It upholds a compliant status. Its leadership includes Rahul Natvarbhai Modi (Director), Natverlal Sonaji Modi (Director), Varshaben Natverlal Modi (Director). It holds no open charges and ₹2.00 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 122, Maheshwari Industrial Estate, Tavdipura, Shahibaug,, Ahmedabad, Gujarat, 380004.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28999GJ1998PTC034479

  • Registration Number

    034479

  • Incorporation Date

    31 July 1998

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.48 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 27 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 2.00 M
  • Revenue Growth **** 9473.91%
  • Profit Growth **** 41.54%
  • Ebitda **** 55.91%
  • Net Worth -12.17%
  • Total Assets -0.33%
Company report

Paras Gears Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Paras Gears Private Limited?
Current Directors
Name Designation Appointment Date Status
Rahul Natvarbhai Modi Director 16 Sep 2008 Current
Natverlal Sonaji Modi Director 31 Jul 1998 Current
Varshaben Natverlal Modi Director 31 Jul 1998 Current

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Financial Performance of Paras Gears.

Paras Gears Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 9473.91% increase. The company also saw a substantial improvement in profitability, with a 41.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.17%.

Paras Gears revenue growth over time
Paras Gears profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 9473.91%
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Revenue from Operations
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Total Assets
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 -0.33%
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Profit or Loss
*******
 41.54%
*******
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Net Worth
*******
 -12.17%
*******
*******
*******
*******
EBITDA
*******
 55.91%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Paras Gears?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹1,995,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 0.20 Cr
Latest Charge Details
Date Lender Amount Status
01 Mar 2011 Bank Of Baroda ₹1.50 M Satisfied
23 May 2003 Bank Of Baroda ₹0.50 M Satisfied

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How Many Employees Work at Paras Gears?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Paras Gears
Recent Activity within the Organization
  • Annual General Meeting

    The activity Paras Gears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Paras Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.

  • Charges

    Progress on A charge registered on 01 Mar 2011 via Charge ID 10273271 with Bank Of Baroda was fully satisfied on 05 Feb 2013. was documented.

  • Charges

    The activity A charge with Bank Of Baroda amounted to Rs. 1.50 M with Charge ID 10273271 was registered on 01 Mar 2011. was completed.

  • Director Appointment

    The activity Rahul Natvarbhai Modi was appointed as a Director was appointed as a Director on 16 Sep 2008 & has been associated with this company since 17 years 5 months . was completed.

  • Charges

    A charge registered on 23 May 2003 via Charge ID 90106745 with Bank Of Baroda was fully satisfied on 31 May 2007. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Paras Gears Private Limited?

The CIN of Paras Gears Private Limited is U28999GJ1998PTC034479.

Where is Paras Gears Private Limited headquartered?

Paras Gears Private Limited is headquartered at 122, Maheshwari Industrial Estate, Tavdipura, Shahibaug,, Ahmedabad, Gujarat, 380004.

When was Paras Gears Private Limited incorporated?

Paras Gears Private Limited was incorporated on 31 July 1998.

Who are the current directors of Paras Gears Private Limited?

The current directors of Paras Gears Private Limited are

What is the primary industry of Paras Gears Private Limited?

The primary industry of Paras Gears Private Limited is Manufacturing.

Is Paras Gears Private Limited a listed company?

Paras Gears Private Limited is unlisted.

What is the capital structure of Paras Gears Private Limited?

The authorized capital of Paras Gears Private Limited is ₹0.50 M, and the paid-up capital is ₹0.48 M.

What is the compliance status of Paras Gears Private Limited?

The compliance status of Paras Gears Private Limited is Compliant.

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