Paras Lubricants Limited

Manufacturer of automotive and industrial lubricants, including engine oils, gear oils, and greases.

1985 | Delhi (India) | Active
Last Updated:

Paras Lubricants Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.51 Cr
  • Company Age 39 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 45.00 Cr
  • Satisfied Charges ₹ 90.01 Cr
  • Revenue Growth 86.00%
  • Profit Growth 261.38%
  • Ebitda 159.49%
  • Net Worth 23.95%
  • Total Assets 32.24%

About Paras Lubricants

Paras Lubricants Limited (PLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 September 1985 and has a history of 39 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.51 Cr.

The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹90.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paras Lubricants Limited India is Ankita Rathi as COMPANY SECRETARY. Sushant Bansal, Raghav Bansal, Awadh Garg, and Six other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24229DL1985PLC022086

  • Company No.

    022086

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

What products or services does Paras Lubricants Limited offer?

Paras Lubricants Limited offers a wide range of products and services, including Oils, Grease & Lubricants, Automotive Grease, Automotive Oils, Grease, Engine Oil, Synthetic Oils, Rust & Corrosion Protection Products, Rust Preventives, Multigrade Engine Oil, Industrial Oils.

Company report

Paras Lubricants Limited

Explore comprehensive data for Paras Lubricants Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Paras Lubricants?

Executive Team (2)

NameDesignationAppointment DateStatus
Ankita Rathi Company Secretary17-Apr-2015Current
Paras Bansal Country flag representing In Managing Director23-Sep-1985Current

Board Members (8)

NameDesignationAppointment DateStatus
Sushant Bansal Country flag representing In Director 01-Jun-2005Current
Raghav Bansal Country flag representing In Director 18-Jul-2015Current
Awadh Garg Country flag representing In Director 29-Mar-2024Current
Nitish Chugh Country flag representing In Director 30-Sep-2022Current
Manish Goyal Country flag representing In Director 18-Jul-2015Current
Shalini Aggarwal Country flag representing In Director 30-Mar-2015Current

Financial Performance of Paras Lubricants.

Paras Lubricants Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 86% increase. The company also saw a substantial improvement in profitability, with a 261.38% increase in profit. The company's net worth Soared by an impressive increase of 23.95%.

Paras Lubricants revenue growth over time
Paras Lubricants 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
86.00%
Revenue from Operations
86.04%
Total Assets
32.24%
Profit or Loss
261.38%
Net Worth
23.95%
EBITDA
159.49%

What is the Ownership and Shareholding Structure of Paras Lubricants?

In 2023, Paras Lubricants had a promoter holding of 92.02% and a public holding of 7.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 Cr

Satisfied Charges

₹90.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.92 Cr
  • Hdfc Bank Limited : 1.08 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2024Hdfc Bank Limited₹1.00 MOpen
06 Jun 2024Hdfc Bank Limited₹1.28 MOpen
06 May 2024Others₹2.00 MOpen
12 Oct 2023Others₹43.51 CrOpen
20 Jun 2023Hdfc Bank Limited₹4.57 MOpen

How Many Employees Work at Paras Lubricants?

Paras Lubricants has a workforce of 196 employees as of Sep 16, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Paras Lubricants Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Lubricants, 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 Lubricants'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 Lubricants

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100955631 was registered on 20 Jul 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100940112 was registered on 06 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100926976 was registered on 06 May 2024.

  • Director Appointment

    Awadh Narayan Garg was appointed as a Director was appointed as a Director on 29 Mar 2024 & has been associated with this company since 1 year 21 days .

  • Charges

    A charge with Others of Rs. 43.51 Cr registered on 12 Oct 2023 with Charge ID 100793961 was modified on 27 Nov 2023.

  • Charges

    A charge with Others amounted to Rs. 43.51 Cr with Charge ID 100793961 was registered on 12 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Paras Lubricants Limited?

    Paras Lubricants Limited was incorporated on 23 Sep 1985.

  • What is authorized share capital and paid-up capital of Paras Lubricants Limited?

    The authorized share capital of Paras Lubricants Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.51 Cr.

  • Who are the current board members & directors of Paras Lubricants Limited?

    Currently 10 directors are associated with Paras Lubricants Limited.

    • Sushant Kumar Bansal
    • Raghav Bansal
    • Awadh Narayan Garg
    • Ankita Rathi
    • Nitish Kumar Chugh
    • Manish Goyal
    • Shalini Aggarwal
    • Subhash Agarwal
    • Dinesh Chand Aggarwal
    • Paras Kumar Bansal

  • What is the registered address of Paras Lubricants Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paras Lubricants Limited is 311-312 Manglam Paradise Plot No. 8 Place Sector-3, Rohini India, Delhi, 110085.

  • What is the corporate identification number (CIN) and company number of Paras Lubricants Limited?

    The corporate identification number (CIN) of Paras Lubricants Limited is U24229DL1985PLC022086 and the company number is 022086 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paras Lubricants Limited?

    The Official website of Paras Lubricants Limited is https://www.palco.co.in

  • What has been the recent revenue trend for Paras Lubricants Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Paras Lubricants Limited has risen by 86.00%.

  • How many employees does Paras Lubricants Limited currently have?

    As Per 2022 financial reports, 196 employees are currently employed by Paras Lubricants Limited.

  • What change has been observed in the net worth of Paras Lubricants Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Paras Lubricants Limited has experienced an upsurge of 23.95%.

  • What are the total open charges for Paras Lubricants Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Paras Lubricants Limited amount to ₹ 45.00 Cr.

  • When was the last Balance Sheet of Paras Lubricants Limited filed with the ROC?

    The most recent Balance Sheet for Paras Lubricants Limited was filed with the ROC on 31 Mar 2023.

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