Paras Industrial Gaskets Private Limited
About Paras Industrial Gaskets Private Limited
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Paras Industrial Gaskets Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 15 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2013PTC240511. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manohar Krishna Nikam and Chhaya Subhash Wangde.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Gala No. 11 Sia Industrial Premises Chs Ltd. Sonawala Cross Road No. 2 Goregaon (E), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2017, the company reported a revenue of ₹54.06 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹35.96 Lakh (net margin -66.5%) and EBITDA of -₹34.34 Lakh (EBITDA margin -63.5%).
As per MCA filings, the company has satisfied charges of ₹44.06 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Paras Industrial Gaskets 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. 11 Sia Industrial Premises Chs Ltd. Sonawala Cross Road No. 2 Goregaon (E), Mumbai, Maharashtra, India – 400063
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
To see the full contact details of Paras Industrial Gaskets 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
Business activity
The main business activity of Paras Industrial Gaskets is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Paras Industrial Gaskets Private Limited, buy the company report.
Financials of Paras Industrial Gaskets Private Limited
FY 2017 filings availableParas Industrial Gaskets Private Limited reported revenue of ₹54.06 Lakh (down 52% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year. EBITDA fell 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹54.06 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹34.34 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹35.96 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -63.5% | ||
| Net Profit Margin | -66.5% | ||
| 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 Industrial Gaskets Private Limited, buy the company report.
Board of directors of Paras Industrial Gaskets Private Limited
Paras Industrial Gaskets has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manohar Krishna Nikam | Director | 25 Jan 2016 | 10 Years 9 Months | Current |
| Chhaya Subhash Wangde | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
| Nisha Manohar Nikam | Director | 15 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Paras Industrial Gaskets Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saral Wirecraft Private Limited | ₹54.32 Lakh (FY 2025) | -8.0% | Haldwani, Uttarakhand, India | |||
| Hajela Brushes Private Limited | ₹54.31 Lakh (FY 2025) | -11.0% | Kanpur, Uttar Pradesh, India | |||
| Sai-Gcm India Private Limited | ₹54.29 Lakh (FY 2020) | 666.0% | Noida, Uttar Pradesh, India | |||
| Av Plast India Private Limited | ₹54.28 Lakh (FY 2025) | 31.0% | Ahmedabad, Gujarat, India | |||
| Laamiflexible Private Limited | ₹54.19 Lakh (FY 2025) | -33.0% | Chennai, Tamil Nadu, India | |||
| Paras Industrial Gaskets Private Limitedthis company | ₹54.06 Lakh (FY 2017) | -₹35.96 Lakh | -66.5% | -52.0% | Mumbai, Maharashtra, India | |
| Jaya Maruthi Polyplast Private Limited | ₹54.01 Lakh (FY 2025) | -20.0% | Nagapattinam, Tamil Nadu, India | |||
| Inter Exports (India) Pvt Ltd | ₹53.83 Lakh (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| Supriya Moulding Private Limited | ₹53.8 Lakh (FY 2025) | -38.0% | New Delhi, Delhi, India | |||
| Sainis Cold Retreaders Pvt Ltd | ₹53.7 Lakh (FY 2024) | -3.0% | Hoshiarpur, Punjab, India | |||
| GJ Polyplast Private Limited | ₹53.63 Lakh (FY 2025) | 26.0% | Kanchipuram, Tamil Nadu, India |
To see the full peer comparison of Paras Industrial Gaskets Private Limited, buy the company report.
Auditor
Paras Industrial Gaskets Private Limited is audited by Heramb Kulkarni for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Heramb Kulkarni | FY 2017 | 126762W |
Shareholding
The shareholding of Paras Industrial Gaskets Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paras Industrial Gaskets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2016 | 100045923 | Tjsb Sahakari Bank Limited | ₹5 Lakh | Satisfied | |
| 04 Aug 2015 | 10588296 | Tjsb Sahakari Bank Limited | ₹4.5 Lakh | Satisfied | |
| 13 Nov 2014 | 10535483 | Tjsb Sahakari Bank Limited | ₹7.56 Lakh | Satisfied | |
| 20 Mar 2014 | 10507512 | Tjsb Sahakari Bank Limited | ₹27 Lakh | Satisfied |
To see the full charge records of Paras Industrial Gaskets Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Paras Industrial Gaskets 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 Industrial Gaskets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Industrial Gaskets has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paras Industrial Gaskets Private Limited, buy the company report.
Recent activity
Paras Industrial Gaskets Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Manohar Krishna Nikam ceased to be Additional Director on 30 Sep 2016.
6 earlier events are in the company report.
Frequently asked questions
Paras Industrial Gaskets is an active private limited company based in Mumbai, Maharashtra, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 15 February 2013 (13+ years old) and is registered under CIN U29100MH2013PTC240511.
Paras Industrial Gaskets has 3 current directors:
- Manohar Krishna Nikam - Director
- Chhaya Subhash Wangde - Director
- Nisha Manohar Nikam - Director
The latest financial statements of Paras Industrial Gaskets on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Paras Industrial Gaskets has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Paras Industrial Gaskets is U29100MH2013PTC240511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Industrial Gaskets was incorporated on 15 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paras Industrial Gaskets by revenue are Saral Wirecraft Private Limited, Hajela Brushes Private Limited, Sai-Gcm India Private Limited, Av Plast India Private Limited, Laamiflexible Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manohar Krishna Nikam ceased to be Additional Director on 30 Sep 2016. Nishad Usha Karunakaran ceased to be Additional Director on 30 Sep 2016. Manohar Krishna Nikam was appointed as Director on 25 Jan 2016. Paras Industrial Gaskets has 5 board changes on record in total.
The registered office of Paras Industrial Gaskets is at Gala No. 11 Sia Industrial Premises Chs Ltd. Sonawala Cross Road No. 2 Goregaon E, Mumbai, Maharashtra, India – 400063.
Paras Industrial Gaskets operates in the plastics industry, in the non-metallic mineral products segment.
Paras Industrial Gaskets has no open charges and satisfied charges of ₹44.06 Lakh as per latest MCA filings.
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