About Paras Minerals Private Limited
Data last updated:
Paras Minerals Private Limited was a private limited company based in Vapi, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 30 June 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14200GJ2010PTC061368. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11 Lakh. It was led by directors Devendrakumar Parasmal Jain and Jayeshkumar Nagarji Desai.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Vapi, Gujarat.
As per the financials filed for FY 2016, the company reported a revenue of ₹19,110. For the same year it recorded a net profit of ₹10,485 (net margin 54.9%) and EBITDA of -₹8,625 (EBITDA margin -45.1%).
As per MCA filings, the company had satisfied charges of ₹85 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is prasminerals.com.
Company details
Contact details
Paras Minerals Private Limited's registered office is in Vapi, Gujarat. Its website is prasminerals.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 1 – B/37 1st Phase Yash Complex Near Kataria Automobiles N.H. No. 8 Gi, Dc, Vapi, Gujarat, India – 396195
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Paras Minerals 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
Financials of Paras Minerals Private Limited
FY 2020 filings availableParas Minerals Private Limited reported revenue of ₹19,110 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹19,110 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹8,625 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10,485 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -45.1% | |
| Net Profit Margin | 54.9% | |
| 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 Minerals Private Limited, buy the company report.
Board of directors of Paras Minerals Private Limited
Paras Minerals has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devendrakumar Parasmal Jain Also directs: Siddhachal Heights LLP, Rashmi-Manek Developers Private Limited | Director | 30 Jun 2010 | 16 Years 4 Months | As last reported |
| Jayeshkumar Nagarji Desai | Director | 30 Jul 2010 | 16 Years 3 Months | As last reported |
Auditor
Paras Minerals Private Limited is audited by P M BAGRECHA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M BAGRECHA & CO | FY 2016 | 100860W |
Shareholding
The shareholding of Paras Minerals 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 Minerals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2011 | 10284649 | Indian Bank | ₹85 Lakh | Satisfied |
To see the full charge records of Paras Minerals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Paras Minerals Private Limited has 1 court case on record: 1 filed by Paras Minerals. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Paras Minerals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Minerals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Minerals has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paras Minerals Private Limited, buy the company report.
Recent activity
Paras Minerals Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Jinesh Jayantilal Shah ceased to be Director on 09 Nov 2017.
Frequently asked questions
Paras Minerals has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paras Minerals was a private limited company based in Vapi, Gujarat, India. The company worked in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 30 June 2010 and is registered under CIN U14200GJ2010PTC061368. The company has been struck off by the Registrar of Companies and is no longer operational.
Paras Minerals had 2 directors:
- Devendrakumar Parasmal Jain - Director
- Jayeshkumar Nagarji Desai - Director
The CIN (Corporate Identification Number) of Paras Minerals is U14200GJ2010PTC061368. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paras Minerals is at C – 1 – B37 1st Phase Yash Complex Near Kataria Automobiles N.H. No. 8 Gi, Dc, Vapi, Gujarat, India – 396195.
Paras Minerals was incorporated on 30 June 2010. It is registered with the Registrar of Companies, Ahmedabad.
Paras Minerals can be reached through the website prasminerals.com. Its registered office is in Vapi, Gujarat, India.
The latest financial statements of Paras Minerals on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Paras Minerals has 2 GST registrations on record and all of them are cancelled or inactive.
Paras Minerals operated in the metals and minerals industry, in the mining and mineral extraction segment. It worked in this industry before it was struck off.
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