About Paras Innovative Sales Private Limited
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Paras Innovative Sales Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC235563. The company has 1 GST registration on record, which is no longer active.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 Khushbu Dilip Bansal and Hemant Kothari.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at F – 23 Sej Plaza 1st Floor Near Nutan School Marve Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.34 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹7.26 Lakh (net margin 5.4%) and EBITDA of ₹13.53 Lakh (EBITDA margin 10.1%).
As per MCA filings, the company has open charges of ₹40 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website parasinnovative.in.
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- Website
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- Registered AddressF – 23 Sej Plaza 1st Floor Near Nutan School Marve Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Paras Innovative Sales Private Limited
The main business activities of Paras Innovative Sales are support service to organizations and trade. In detail, this covers office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N6 | Office administrative and other business activities including call centers, organising conventions, collection agencies, packaging activities etc. | Locked |
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Paras Innovative Sales Private Limited FY 2016 filings available
Paras Innovative Sales Private Limited reported revenue of ₹1.34 Cr (up 85% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Paras Innovative Sales Private Limited
Revenue rose 85% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Paras Innovative Sales Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹1.34 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹13.53 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹7.26 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 of Paras Innovative Sales Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.1% | •••• |
| Net Profit Margin | 5.4% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paras Innovative Sales are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Paras Innovative Sales Private Limited
Paras Innovative Sales Private Limited is compared with the companies closest to it by revenue in the Events and Entertainment industry (Electronic Appliances Retail and Distribution, Events Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rosslare Electronics India Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Telmec Electric Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Kochi, Kerala, India |
| Go Honeymoon India Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Rohtak, Haryana, India |
| Exponet Associates Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | New Delhi, Delhi, India |
| Galiakotwala Technologies Private Limited | ₹1.34 Cr (FY 2020) | •••• | •••• | 44.0% | •••• | Mumbai, Maharashtra, India |
| Paras Innovative Sales Private Limited this company | ₹1.34 Cr (FY 2016) | •••• | •••• | 85.0% | •••• | Mumbai, Maharashtra, India |
| VRDS India Private Limited | ₹1.34 Cr (FY 2019) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Scenario Ventures Private Limited | ₹1.34 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Nedumbassery, Kerala, India |
| Mechfin Infra Private Limited | ₹1.33 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Noida, Uttar Pradesh, India |
| Red Entertainment Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Powerworld Engineers Private Limited | ₹1.33 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Gwalior, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Paras Innovative Sales by revenue in the Events and Entertainment industry (Electronic Appliances Retail and Distribution, Events Management), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paras Innovative Sales Private Limited
Paras Innovative Sales Private Limited is audited by R. G. S. & Co. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. G. S. & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Paras Innovative Sales Private Limited
Paras Innovative Sales has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushbu Dilip Bansal | Director | 11 Sep 2012 | 14 Years 1 Months | Current |
| Hemant Kothari | Director | 11 Sep 2012 | 14 Years 1 Months | Current |
Ownership and Shareholding of Paras Innovative Sales Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Paras Innovative Sales Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2016 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Paras Innovative Sales Private Limited
Employment history and EPFO contributions of people linked to Paras Innovative Sales.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Paras Innovative Sales Private Limited
Paras Innovative Sales Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Hemant Kothari was appointed as Director on 11 Sep 2012.
Credit Ratings, Litigation & Regulatory Alerts for Paras Innovative Sales Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Paras Innovative Sales Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Paras Innovative Sales Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Paras Innovative Sales Private Limited
Paras Innovative Sales has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paras Innovative Sales Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paras Innovative Sales Private Limited
Paras Innovative Sales is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 September 2012 (14+ years old) and is registered under CIN U51101MH2012PTC235563.
Paras Innovative Sales reported revenue of ₹1.34 Cr for FY 2016 (up 85% YoY).
Paras Innovative Sales has 2 current directors:
- Khushbu Dilip Bansal - Director
- Hemant Kothari - Director
Paras Innovative Sales reported a net profit of ₹7.26 Lakh (net margin 5.4%) and EBITDA of ₹13.53 Lakh (EBITDA margin 10.1%) for FY 2016, as per its filed financial statements.
No. Paras Innovative Sales has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Paras Innovative Sales is U51101MH2012PTC235563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Innovative Sales was incorporated on 11 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paras Innovative Sales by revenue are Rosslare Electronics India Private Limited, Telmec Electric Private Limited, Go Honeymoon India Private Limited, Exponet Associates Private Limited, Galiakotwala Technologies Private Limited and 5 more, all in the Events and Entertainment industry (Electronic Appliances Retail and Distribution, Events Management).
Hemant Kothari was appointed as Director on 11 Sep 2012. Khushbu Dilip Bansal was appointed as Director on 11 Sep 2012.
Paras Innovative Sales can be reached through the website parasinnovative.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Paras Innovative Sales is at F – 23 Sej Plaza 1st Floor Near Nutan School Marve Road Malad West, Mumbai, Maharashtra, India – 400064.