MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2022-23)
- Udyam number
- UDYAM-PB-14-0000152
Paras Spices Private Limited - food and beverages in Moga, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹292.24 Cr
▲ 17% YoY
Net profit · FY 2025
₹7.27 Cr
Net margin 2.5%
EBITDA · FY 2025
₹26.7 Cr
EBITDA margin 9.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.87 Cr
Issued & subscribed
Open charges
₹206.34 Cr
Satisfied ₹162.41 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
885
Provident fund records
About Paras Spices Private Limited
Data last updated:
Paras Spices Private Limited is a private limited company based in Moga, Punjab, India. It operates in the spice manufacturing and distribution segment of the food and beverages sector. It was incorporated on 03 June 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U64202PB1994PTC014671. Its GSTIN is 03AACCP6949G1ZD (Punjab). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.87 Cr. It is led by directors including Vinay Kumar (Managing Director) and Paras Budhiraja.
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 Vpo Khosa Pandozira Road Moga, Punjab, India – 142001.
As per the financials filed for FY 2025, the company reported a revenue of ₹292.24 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹7.27 Cr (net margin 2.5%) and EBITDA of ₹26.7 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company has about 885 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Paras Spices. As per MCA filings, the company has open charges of ₹206.34 Cr and satisfied charges of ₹162.41 Cr on record. Court records list 46 cases involving the company, including 36 filed by the company and 10 filed against it; 26 cases are pending. The company has 30 deals on record (29 secondary share transfers, 1 funding round), with disclosed funding of ₹6.6 Cr; the latest was in March 2022. Its 5 peer companies in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products) are compared by revenue, 3 larger and 2 smaller; the largest is Badshah Masala Private Limited with revenue of ₹312.66 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 8 micro and small suppliers.
Paras Spices Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-14-0000152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasspices.com.
Company details
CIN U64202PB1994PTC014671
Registration Number 014671
Incorporation Date 03 June 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-14-0000152
CIN history
Paras Spices has one previous CIN (Corporate Identification Number): U64202PB1994PLC014671. The current CIN is U64202PB1994PTC014671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64202PB1994PTC014671 | Current |
| U64202PB1994PLC014671 | Previous |
Recognitions & Rankings of Paras Spices
Contact details
Paras Spices Private Limited's registered office is in Moga, Punjab. Its website is parasspices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVpo Khosa Pandozira Road Moga, Punjab, India – 142001
- IndustryFood and Beverages, Spice Manufacturing & Distribution
To see the full contact details of Paras Spices Private Limited, buy the company report.
Comprehensive company report
Paras Spices 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
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Brands
Paras Spices operates one associated brand: Paras Spices. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Spices processing company offering a diverse range of spices and dehydrated vegetables, with a focus on sustainability, and backward integration to ensure consistent supply of raw materials | parasspices.com |
Business activity
The main business activity of Paras Spices is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Paras Spices Private Limited, buy the company report.
Financials of Paras Spices Private Limited
FY 2025 filings availableParas Spices Private Limited reported revenue of ₹292.24 Cr (up 17% YoY) for FY 2025.
Revenue · FY 2025
₹292.24 Cr ▲ 17%
Net profit · FY 2025
₹7.27 Cr margin 2.5%
EBITDA · FY 2025
₹26.7 Cr margin 9.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 3%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 6%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 17% growth in the latest year. EBITDA rose 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹26.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.27 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Paras Spices Private Limited, buy the company report.
Board of directors of Paras Spices Private Limited
Paras Spices has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Budhiraja | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Vinay Kumar | Managing Director | 03 Jun 1994 | 32 Years 4 Months | Current |
| Raj Budhiraja | Director | 16 Jan 2006 | 20 Years 9 Months | Current |
| Akshita Budhiraja | Director | 06 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Paras Spices Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Badshah Masala Private Limited | ₹312.66 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Kitchen Xpress Overseas Limited | ₹300.61 Cr (FY 2025) | -10.0% | Ahmedabad, Gujarat, India | |||
| Empire Spices and Foods Limited | ₹295.28 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Paras Spices Private Limitedthis company | ₹292.24 Cr (FY 2025) | ₹7.27 Cr | 2.5% | 17.0% | 885 | Moga, Punjab, India |
| Vahdam Teas Private Limited | ₹273.43 Cr (FY 2025) | 16.0% | New Delhi, Delhi, India | |||
| Swastiks Masalas, Pickles and Food Products Private Limited | ₹265.02 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Paras Spices Private Limited, buy the company report.
Auditor
Paras Spices Private Limited is audited by Yogesh Thakur & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yogesh Thakur & Associates | FY 2022 | 009360N |
Shareholding
The shareholding of Paras Spices 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 Spices Private Limited, buy the company report.
Charges & borrowings
Open charges
₹206.34 Cr
Satisfied charges
₹162.41 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2024 | 100933570 | Others | ₹20 Cr | Open | |
| 04 Nov 2023 | 100821546 | Axis Bank Limited | ₹25.25 Lakh | Open | |
| 28 Dec 2022 | 100675542 | Axis Bank Limited | ₹35.35 Cr | Open | |
| 27 Jul 2022 | 100608513 | Others | ₹5 Cr | Open | |
| 15 Jun 2021 | 100473852 | Hdfc Bank Limited | ₹56.04 Cr | Open |
To see the full charge records of Paras Spices Private Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Paras Spices Private Limited has 30 deals on record (29 secondary share transfers, 1 funding round), with disclosed funding of ₹6.6 Cr; the latest was in March 2022.
Total deals
30
Secondary share transfers
29
Funding round
1
Disclosed funding
₹6.6 Cr
Deals on record (5 of 30)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vijay Kumar & Sons HUF, 3 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Varinder Kumar HUF, 2 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2011 | Funding round | ₹6.6 Cr | Investors: Prasidh Fincap Limited , Resham Traders & Investors Pvt Ltd , 2 individuals |
To see the full deal history of Paras Spices Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paras Spices Private Limited has 46 court cases on record: 36 filed by Paras Spices, 10 filed against it. 26 cases are pending and 20 are disposed.
Total cases
46
Filed by the company
36
Filed against the company
10
Pending
26
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 40 | 7 | 22 |
| High courts | 6 | 3 | 4 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Moga, Punjab | Civil suit | Filed by the company against Roc Foods Limited | Pending |
| District court, Moga, Punjab | Cheque dishonour complaint | Filed by the company against SRTP Gourmet Foods Pvt. Ltd. and 2 others | Disposed |
| District court, Moga, Punjab | Execution petition | Filed by the company against Ms S.A Rawther Spices Private Ltd | Disposed |
| District court, Moga, Punjab | Civil suit | Filed by the company against Ms S.A.Rawther Spices Pvt.Ltd. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Food Safety and Standards Authority of India | Pending |
To see the full case history of Paras Spices 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.
Credit ratings & regulatory alerts
Paras Spices Private Limited was last rated by Care on 28 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Mar 2022 |
To see the full credit ratings and regulatory alerts of Paras Spices Private Limited, buy the company report.
MSME payment delays
Paras Spices Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aarkay Food Products Ltd | |||
| an individual supplier | |||
| BSR Food | |||
| Avt Mccormick Ingredients Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Paras Spices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paras Spices Private Limited has a workforce of 885 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
885
Active EPFO establishments
1
Employee growth
6.88%
GST
Paras Spices has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCP6949G1ZD | Punjab | Active | 01 Jul 2017 |
| 06AACCP6949G1Z7 | Haryana | Active | 24 Jul 2017 |
| 07AACCP6949G1Z5 | Delhi | Active | 11 Jan 2020 |
| 27AACCP6949G1Z3 | Maharashtra | Active | 02 Dec 2024 |
To see the full GST registrations and return filing status of Paras Spices Private Limited, buy the company report.
Recent activity
Paras Spices Private Limited has 4 board changes on record since 1994: 4 appointments. The latest: Akshita Budhiraja was appointed as Director on 06 May 2017.
Charges
A charge registered on 20 Dec 2024 via Charge ID 101026332 with State Bank Of India was fully satisfied on 13 Nov 2025.
AGM
Paras Spices Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 20.00 Cr registered on 17 May 2024 with Charge ID 100933570 was modified on 18 Apr 2025.
Filing
Paras Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Cr with Charge ID 101026332 was registered on 20 Dec 2024.
Charges
A charge registered on 09 Jul 2021 via Charge ID 100458107 with Hdfc Bank Limited was fully satisfied on 18 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 56.04 Cr registered on 15 Jun 2021 with Charge ID 100473852 was modified on 07 Dec 2024.
Charges
A charge with Axis Bank Limited of Rs. 35.35 Cr registered on 28 Dec 2022 with Charge ID 100675542 was modified on 06 Dec 2024.
Charges
A charge registered on 09 Jul 2021 via Charge ID 100468068 with Hdfc Bank Limited was fully satisfied on 30 Nov 2024.
Charges
A charge registered on 19 Dec 2019 via Charge ID 100316376 with Citi Bank N.A. was fully satisfied on 07 Nov 2024.
Charges
A charge registered on 20 Feb 2019 via Charge ID 100242794 with Citi Bank N.A. was fully satisfied on 07 Nov 2024.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100933570 was registered on 17 May 2024.
78 earlier events are in the company report.
Frequently asked questions
Paras Spices is an active private limited company based in Moga, Punjab, India. The company works in spice manufacturing and distribution, within the food and beverages industry. It was incorporated on 03 June 1994 (32+ years old) and is registered under CIN U64202PB1994PTC014671.
Paras Spices has 4 current directors:
- Vinay Kumar - Managing Director
- Paras Budhiraja - Director
- Raj Budhiraja - Director
- Akshita Budhiraja - Director
The latest financial statements of Paras Spices 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 Spices is 03AACCP6949G1ZD, registered in Punjab. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AACCP6949G1Z7 (Haryana), 07AACCP6949G1Z5 (Delhi), 27AACCP6949G1Z3 (Maharashtra).
The CIN (Corporate Identification Number) of Paras Spices is U64202PB1994PTC014671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paras Spices has 46 court cases on record: 36 filed by the company and 10 filed against it. 26 are pending. Most are in the district courts.
Paras Spices was incorporated on 03 June 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Paras Spices has 30 deals on record (29 secondary share transfers, 1 funding round), with disclosed funding of ₹6.6 Cr; the latest was in March 2022.
The peers of Paras Spices by revenue are Badshah Masala Private Limited, Kitchen Xpress Overseas Limited, Empire Spices and Foods Limited, Vahdam Teas Private Limited, Swastiks Masalas, Pickles and Food Products Private Limited, all in the Food and Beverages industry (Spices), with the same principal business activity (food, beverages and tobacco products).
Akshita Budhiraja was appointed as Director on 06 May 2017. Paras Budhiraja was appointed as Director on 01 Apr 2013. Raj Budhiraja was appointed as Director on 16 Jan 2006. Paras Spices has 4 board changes on record in total.
Yes, Paras Spices is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-14-0000152).
Paras Spices has 4 MSME Form 1 returns on record between 2019 and 2020, listing 31 overdue payments to 8 micro and small suppliers. The latest return was filed on 01 Oct 2020.