- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-01-0007145

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
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 Name | Status |
|---|---|
| Paras Miracle Poly Products Private Limited | Current |
| Shingavi Medicares Private Limited | Previous |
| Bothara Poly Products Private Limited | Previous |
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.
| CIN | Status |
|---|---|
| U33112PN1996PTC096773 | Current |
| U33112MH1996PTC096773 | Previous |
Recognitions & Rankings of Paras Miracle Poly Products
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
- Website
- Social Media
- Registered AddressGat No 351 10th Milestone Nagar Kalyan Road, Ahmednagar, Maharashtra, India – 414103
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Paras Miracle Poly Products 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 Miracle Poly Products Private Limited
FY 2024 filings availableParas Miracle Poly Products Private Limited reported revenue of ₹76.99 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | |||||
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| 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 | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasann Pemraj Bothara Also directs: Paras Poly Industries Private Limited | Director | 10 Jun 2021 | 5 Years 4 Months | Current |
| Pranesh Pemraj Bothara | Director | 15 May 2024 | 2 Years 5 Months | Current |
| Santosh Manakchand Bothara Also directs: Paras Poly Industries Private Limited | Director | 14 Jul 2004 | 22 Years 3 Months | Current |
| Pemraj Manakchand Bothara | Director | 01 Apr 2006 | 20 Years 7 Months | Current |
Auditor
Paras Miracle Poly Products Private Limited is audited by M.S.BARMECHA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.S.BARMECHA & CO. | FY 2023 | 040842 |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2013 | 10407452 | Hdfc Bank Limited | ₹6.6 Cr | Open | |
| 09 Feb 2010 | 10203887 | Bank of Baroda (Ahmednagar Branch) | ₹6.75 Cr | Satisfied | |
| 05 Oct 2004 | 90086974 | Ahmednagar Merchant Cooperative Bank Limited | ₹21 Lakh | Satisfied | |
| 29 Sep 2004 | 90094096 | The Ahmednagar Merchant Cooperative Bank Limited | ₹47.14 Lakh | Satisfied | |
| 14 Sep 1998 | 90084895 | Nagar Urban Co-Op. Bank Ltd. | ₹25 Lakh | Satisfied |
To see the full charge records of Paras Miracle Poly Products Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Paras Miracle Poly Products Private Limited has 8 court cases on record: 4 filed by Paras Miracle Poly Products, 4 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against Uma and Company | Pending |
| District court, Buldhana, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Inspector of Legal Metrology, Khamgoan | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Paras Miracle Poly Products 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
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)
| Supplier | Amount due | Due since | Reported 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.
GST
Paras Miracle Poly Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS2487D1ZC | Maharashtra | Active | 01 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.
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:
- Prasann Pemraj Bothara - Director
- Pranesh Pemraj Bothara - Director
- Santosh Manakchand Bothara - Director
- Pemraj Manakchand Bothara - Director
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.

