Paras Gears Private Limited Company Logo

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:

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 2024, with the balance sheet filed on 31 March 2024. It is based at 122, Maheshwari Industrial Estate, Tavdipura, Shahibaug,, Ahmedabad, Gujarat, 380004.

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 Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • 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

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

Access Report Banner Element

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

Current Directors

NameDesignationAppointment DateStatus
Rahul Natvarbhai ModiDirector16 Sep 2008Current
Natverlal Sonaji ModiDirector31 Jul 1998Current
Varshaben Natverlal ModiDirector31 Jul 1998Current

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

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

What is the Ownership and Shareholding Structure of Paras Gears?

Unlock access to Paras Gears's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

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

DateLenderAmountStatus
01 Mar 2011Bank Of Baroda₹1.50 MSatisfied
23 May 2003Bank Of Baroda₹0.50 MSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Paras Gears?

Unlock and access historical data on people associated with Paras Gears, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Paras Gears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Gears, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paras Gears's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paras Gears

Recent Activity within the Organization

  • Annual General Meeting

    Paras Gears Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Paras Gears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.

  • Charges

    A charge registered on 01 Mar 2011 via Charge ID 10273271 with Bank Of Baroda was fully satisfied on 05 Feb 2013. was recorded as a recent event.

  • 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

    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 2 months . was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 May 2003 via Charge ID 90106745 with Bank Of Baroda was fully satisfied on 31 May 2007. was documented.

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.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial