Paras Pipes Private Limited
About Paras Pipes Private Limited
Data last updated:
Paras Pipes Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 09 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U26914CT2006PTC020042. Its GSTIN is 22AADCP9786A1ZF (Chhattisgarh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.6 Lakh. It is led by directors including Rajkumar Vaswani and Arti Vaswani.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Opposit Deshbandhu School Station Road, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.23 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹12.1 Lakh (net margin 0.7%) and EBITDA of ₹25.89 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹85 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Paras Pipes Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address is in the company report.
- Email
- Registered AddressOpposit Deshbandhu School Station Road, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Paras Pipes 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
Business activity
The main business activity of Paras Pipes is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Paras Pipes Private Limited, buy the company report.
Financials of Paras Pipes Private Limited
FY 2025 filings availableParas Pipes Private Limited reported revenue of ₹17.23 Cr (down 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.89 Lakh | ||||
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| Net Profit (PAT) | ₹12.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Paras Pipes Private Limited, buy the company report.
Board of directors of Paras Pipes Private Limited
Paras Pipes has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Vaswani | Additional Director | 01 May 2008 | 18 Years 5 Months | Current |
| Rajkumar Vaswani | Director | 09 Aug 2006 | 20 Years 2 Months | Current |
| Arti Vaswani | Director | 09 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Paras Pipes Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Pipes), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VMN Exports Private Limited | ₹17.3 Cr (FY 2025) | -5.0% | Jaipur, Rajasthan, India | |||
| Ubuild Better Private Limited | ₹17.25 Cr (FY 2025) | 14.0% | Lucknow, Uttar Pradesh, India | |||
| Paras Pipes Private Limitedthis company | ₹17.23 Cr (FY 2024) | ₹12.1 Lakh | 0.7% | -16.0% | Raipur, Chhattisgarh, India | |
| Malwa Buildwell Private Limited | ₹17.15 Cr (FY 2025) | 12.0% | Bathinda, Punjab, India |
To see the full peer comparison of Paras Pipes Private Limited, buy the company report.
Auditor
Paras Pipes Private Limited is audited by R B DOSHI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B DOSHI & CO | FY 2022 | 003549C |
Shareholding
The shareholding of Paras Pipes Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paras Pipes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2009 | 10157521 | Kotak Mahindra Bank Limited | ₹85 Lakh | Satisfied |
To see the full charge records of Paras Pipes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Paras Pipes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Pipes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Pipes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCP9786A1ZF | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Pipes Private Limited, buy the company report.
Recent activity
Paras Pipes Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Rahul Vaswani was appointed as Additional Director on 01 May 2008.
Frequently asked questions
Paras Pipes is an active private limited company based in Raipur, Chhattisgarh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 09 August 2006 (20+ years old) and is registered under CIN U26914CT2006PTC020042.
Paras Pipes has 3 current directors:
- Rahul Vaswani - Additional Director
- Rajkumar Vaswani - Director
- Arti Vaswani - Director
The latest financial statements of Paras Pipes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paras Pipes is 22AADCP9786A1ZF, registered in Chhattisgarh.
The CIN (Corporate Identification Number) of Paras Pipes is U26914CT2006PTC020042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Pipes was incorporated on 09 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Paras Pipes by revenue are VMN Exports Private Limited, Ubuild Better Private Limited, Malwa Buildwell Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Pipes), with the same principal business activity (wholesale trading).
Rahul Vaswani was appointed as Additional Director on 01 May 2008. Arti Vaswani was appointed as Director on 09 Aug 2006. Rajkumar Vaswani was appointed as Director on 09 Aug 2006.
The registered office of Paras Pipes is at Opposit Deshbandhu School Station Road, Raipur, Chhattisgarh, India – 492001.
Paras Pipes operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Paras Pipes has no open charges and satisfied charges of ₹85 Lakh as per latest MCA filings.