Paras Wires Private Limited, Company Logo

Paras Wires Private Limited, - Company Profile

It is a manufacturing private limited company based in Ramanagara Taluk, Karnataka, India, established in 1987.

1987 | Ramanagara Taluk, Karnataka, India | Active
Last Updated:

About Paras Wires Private Limited,

Paras Wires Private Limited,, a active private limited company, was established on 26 March 1987 in Ramanagara Taluk, Karnataka, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: U27104KA1987PTC008265. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.81 M.

It upholds a compliant status. Employing 96 professional, Its leadership includes Usha Surana (Director), Anil Surana (Managing Director), Rupin Surana (Director). Past directors included Rawath Malji Surana, Rupin Surana. It holds ₹15.52 Cr open charges and ₹15.99 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 17Q, Bidadi Industrial Area, Phase Ii, Sector1, Sy No66,Talaguppa, Bidadi Hobli, Ramanagara Taluk, Karnataka, 562109.

Company Details

  • CIN/LLPIN

    U27104KA1987PTC008265

  • Registration Number

    008265

  • Incorporation Date

    26 March 1987

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.81 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.81 M
  • Company Age 38 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.52 Cr
  • Satisfied Charges ₹ 15.99 Cr
  • Revenue Growth 49.07%
  • Profit Growth 326.11%
  • Ebitda 45.69%
  • Net Worth 21.44%
  • Total Assets 2.63%
Company report

Paras Wires Private Limited,

Company Report FY 2025-2026

Explore comprehensive insights into Paras Wires Private Limited, — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paras Wires Private Limited,?

Current Directors

NameDesignationAppointment DateStatus
Usha SuranaDirector27 Nov 1987Current
Anil SuranaManaging Director11 May 1996Current
Rupin SuranaDirector21 Oct 2014Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector02 Feb 2011Past
Pramod AbcsddAdditional Director30 Sep 2015Past

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Financial Performance of Paras Wires.

Paras Wires Private Limited,, for the financial year ended 2023, experienced significant growth in revenue, with a 49.07% increase. The company also saw a substantial improvement in profitability, with a 326.11% increase in profit. The company's net worth Soared by an impressive increase of 21.44%.

Paras Wires revenue growth over time
Paras Wires profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.07%
Revenue from Operations
49.68%
Total Assets
2.63%
Profit or Loss
326.11%
Net Worth
21.44%
EBITDA
45.69%

What is the Ownership and Shareholding Structure of Paras Wires?

In 2023, Paras Wires had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹155,186,700.00

Satisfied Charges

₹159,900,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.45 Cr
  • Karnataka State Financial Corporation : 1.45 Cr
  • Sidbi : 1.00 Cr
  • Axis Bank Limited : 0.61 Cr

Latest Charge Details

DateLenderAmountStatus
13 Jun 2025Axis Bank Limited₹6.14 MOpen
12 Feb 2024Karnataka State Financial Corporation₹1.45 CrOpen
30 Aug 2023Sidbi₹1.00 CrOpen
08 Dec 2015Hdfc Bank Limited₹12.45 CrOpen
30 Mar 2021Hdfc Bank Limited₹4.90 MSatisfied

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How Many Employees Work at Paras Wires?

Paras Wires has a workforce of 96 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Paras Wires Private Limited,

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paras Wires, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paras Wires's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Paras Wires

Recent Activity within the Organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.45 Cr registered on 08 Dec 2015 with Charge ID 10625570 was modified on 22 Sep 2025. was recorded as a recent event.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.61 Cr with Charge ID 101120709 was registered on 13 Jun 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 30 Mar 2021 via Charge ID 100436506 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024. was documented.

  • Annual General Meeting

    The activity Paras Wires Private Limited, last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Paras Wires Private Limited, has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 1.45 Cr with Charge ID 100864872 was registered on 12 Feb 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Paras Wires Private Limited,?

    The CIN of Paras Wires Private Limited, is U27104KA1987PTC008265.

  • Where is Paras Wires Private Limited, headquartered?

    Paras Wires Private Limited, is headquartered at 17Q, Bidadi Industrial Area, Phase Ii, Sector1, Sy No66,Talaguppa, Bidadi Hobli, Ramanagara Taluk, Karnataka, 562109.

  • When was Paras Wires Private Limited, incorporated?

    Paras Wires Private Limited, was incorporated on 26 March 1987.

  • Who are the current directors of Paras Wires Private Limited,?

    The current directors of Paras Wires Private Limited, are

  • What is the primary industry of Paras Wires Private Limited,?

    The primary industry of Paras Wires Private Limited, is Manufacturing.

  • Is Paras Wires Private Limited, a listed company?

    Paras Wires Private Limited, is unlisted.

  • What is the capital structure of Paras Wires Private Limited,?

    The authorized capital of Paras Wires Private Limited, is ₹1.00 Cr, and the paid-up capital is ₹3.81 M.

  • What is the compliance status of Paras Wires Private Limited,?

    The compliance status of Paras Wires Private Limited, is Compliant.

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