Paras Miracle Poly Products Private Limited

Paras Miracle Poly Products Private Limited - manufacturing in Ahmednagar, Maharashtra, India. FY 2026 financials & compliance.
CIN U33112PN1996PTC096773 Incorporated 31 January 1996 ROC Pune HQ Ahmednagar, Maharashtra, India
Active Private Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2023
₹76.99 Cr
▲ 10% YoY
Net profit · FY 2023
₹2.72 Cr
Net margin 3.5%
EBITDA · FY 2023
₹16.74 Cr
EBITDA margin 21.7%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹12.91 Lakh
Issued & subscribed
Open charges
₹6.6 Cr
Satisfied ₹8.36 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
211
Provident fund records

About Paras Miracle Poly Products Private Limited

Data last updated:

Paras Miracle Poly Products Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 31 January 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U33112PN1996PTC096773. Its GSTIN is 27AADCS2487D1ZC (Maharashtra).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.91 Lakh. It was formerly known as Shingavi Medicares Private Limited and Bothara Poly Products Private Limited. It is led by directors including Prasann Pemraj Bothara and Pranesh Pemraj Bothara.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No 351 10th Milestone Nagar Kalyan Road, Ahmednagar, Maharashtra, India – 414103.

As per the financials filed for FY 2023, the company reported a revenue of ₹76.99 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.72 Cr (net margin 3.5%) and EBITDA of ₹16.74 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.

The company has about 211 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹6.6 Cr and satisfied charges of ₹8.36 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 2 cases are pending.

Paras Miracle Poly Products Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0007145). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasmiracle.com.

Company details

CIN U33112PN1996PTC096773
Registration Number 096773
Incorporation Date 31 January 1996
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-01-0007145

Name history

Paras Miracle Poly Products has undergone 2 name changes throughout its history. The company was previously known as Shingavi Medicares Private Limited, and Bothara Poly Products Private Limited. The current legal name is Paras Miracle Poly Products Private Limited.

Company NameStatus
Paras Miracle Poly Products Private LimitedCurrent
Shingavi Medicares Private LimitedPrevious
Bothara Poly Products Private LimitedPrevious

CIN history

Paras Miracle Poly Products has one previous CIN (Corporate Identification Number): U33112MH1996PTC096773. The current CIN is U33112PN1996PTC096773, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U33112PN1996PTC096773Current
U33112MH1996PTC096773Previous

Recognitions & Rankings of Paras Miracle Poly Products

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-01-0007145

Contact details

Paras Miracle Poly Products Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is parasmiracle.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Gat No 351 10th Milestone Nagar Kalyan Road, Ahmednagar, Maharashtra, India – 414103
  • Industry
    Manufacturing, Plastic-Based Products

To see the full contact details of Paras Miracle Poly Products Private Limited, buy the company report.

Comprehensive company report
Paras Miracle Poly Products Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Paras Miracle Poly Products Private Limited

FY 2024 filings available

Paras Miracle Poly Products Private Limited reported revenue of ₹76.99 Cr (up 10% YoY) for FY 2023.

Revenue · FY 2023
₹76.99 Cr ▲ 10%
Net profit · FY 2023
₹2.72 Cr margin 3.5%
EBITDA · FY 2023
₹16.74 Cr margin 21.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 2%
5 years · compounded
▼ 1%

Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 10% growth in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹76.99 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.72 Cr
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin21.7%
Net Profit Margin3.5%
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 Miracle Poly Products Private Limited, buy the company report.

Board of directors of Paras Miracle Poly Products Private Limited

Paras Miracle Poly Products has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasann Pemraj BotharaDirector10 Jun 20215 Years 4 MonthsCurrent
Pranesh Pemraj BotharaDirector15 May 20242 Years 5 MonthsCurrent
Santosh Manakchand BotharaDirector14 Jul 200422 Years 3 MonthsCurrent
Pemraj Manakchand BotharaDirector01 Apr 200620 Years 7 MonthsCurrent

Auditor

Paras Miracle Poly Products Private Limited is audited by M.S.BARMECHA & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.S.BARMECHA & CO.FY 2023040842

Shareholding

The shareholding of Paras Miracle Poly Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paras Miracle Poly Products Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.6 Cr
Satisfied charges
₹8.36 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹6.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Feb 201310407452Hdfc Bank Limited₹6.6 CrOpen
09 Feb 201010203887Bank of Baroda (Ahmednagar Branch)₹6.75 CrSatisfied
05 Oct 200490086974Ahmednagar Merchant Cooperative Bank Limited₹21 LakhSatisfied
29 Sep 200490094096The Ahmednagar Merchant Cooperative Bank Limited₹47.14 LakhSatisfied
14 Sep 199890084895Nagar Urban Co-Op. Bank Ltd.₹25 LakhSatisfied

To see the full charge records of Paras Miracle Poly Products Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

Paras Miracle Poly Products Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 57 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 57)

SupplierAmount dueDue sinceReported on
an individual supplier
Span Communications,Mu
Paras PVC Pipes & Fittings Private Limited
an individual supplier
Hariram Packaging & Po

To see the full MSME payment records of Paras Miracle Poly Products Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Paras Miracle Poly Products Private Limited has a workforce of 211 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.

Employee count
211
Active EPFO establishments
1
Employee growth
17.88%

GST

Paras Miracle Poly Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCS2487D1ZCMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Paras Miracle Poly Products Private Limited, buy the company report.

Recent activity

Paras Miracle Poly Products Private Limited has 7 board changes on record since 2004: 4 appointments and 3 cessations. The latest: Pranesh Pemraj Bothara ceased to be Additional Director on 29 Sep 2024.

AGM
Paras Miracle Poly Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Pranesh Pemraj Bothara ceased to be Additional Director.
Appointed
Pranesh Pemraj Bothara was appointed as Director.
Filing
Paras Miracle Poly Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Prasann Pemraj Bothara ceased to be Additional Director.
Appointed
Prasann Pemraj Bothara was appointed as Director.
Ceased
Gaurav Satish Bothara ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 660.00 Lakh registered on 28 Feb 2013 with Charge ID 10407452 was modified on 03 Jul 2013.
Charges
A charge registered on 09 Feb 2010 via Charge ID 10203887 with Bank Of Baroda (Ahmednagar Branch) was fully satisfied on 15 May 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 660.00 Lakh with Charge ID 10407452 was registered on 28 Feb 2013.
Charges
A charge registered on 14 Sep 1998 via Charge ID 90084895 with Nagar Urban Co-Op. Bank Ltd. was fully satisfied on 01 Feb 2013.
Charges
A charge registered on 14 Sep 1998 via Charge ID 90093688 with Nagar Urban Cooperative Bank Ltd. was fully satisfied on 01 Feb 2013.

13 earlier events are in the company report.

Frequently asked questions

Paras Miracle Poly Products is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 31 January 1996 (30+ years old) and is registered under CIN U33112PN1996PTC096773.

Paras Miracle Poly Products has 4 current directors:

The latest financial statements of Paras Miracle Poly Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Paras Miracle Poly Products is 27AADCS2487D1ZC, registered in Maharashtra.

The CIN (Corporate Identification Number) of Paras Miracle Poly Products is U33112PN1996PTC096773. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paras Miracle Poly Products has 8 court cases on record: 4 filed by the company and 4 filed against it. 2 are pending.

Paras Miracle Poly Products was incorporated on 31 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Pune.

Pranesh Pemraj Bothara ceased to be Additional Director on 29 Sep 2024. Pranesh Pemraj Bothara was appointed as Director on 15 May 2024. Prasann Pemraj Bothara ceased to be Additional Director on 30 Nov 2021. Paras Miracle Poly Products has 7 board changes on record in total.

Yes, Paras Miracle Poly Products is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-01-0007145).

Paras Miracle Poly Products has 9 MSME Form 1 returns on record between 2019 and 2023, listing 113 overdue payments to 57 micro and small suppliers. The latest return was filed on 21 Oct 2023.

Paras Miracle Poly Products can be reached through the website parasmiracle.com. Its registered office is in Ahmednagar, Maharashtra, India.