- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0022804

About Parasnath Industries Private Limited
Data last updated:
Parasnath Industries Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 September 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH2003PTC141979. Its GSTIN is 27AADCP2984L2ZV (Maharashtra). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.67 Cr. It was formerly known as Parasnath Ginned Cotton Private Limited. It is led by directors including Anish Shah (Managing Director) and Haresh Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.86 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.68 Lakh (net margin 0.5%) and EBITDA of ₹2.38 Cr (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 10% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.98 Cr and satisfied charges of ₹10.49 Cr on record.
Parasnath Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0022804). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasnathindustries.com.
Company details
Recognitions & Rankings of Parasnath Industries
Contact details
Parasnath Industries Private Limited's registered office is in Nagpur, Maharashtra. Its website is parasnathindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Parasnath Industries 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 Parasnath Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Parasnath Industries Private Limited, buy the company report.
Financials of Parasnath Industries Private Limited
FY 2025 filings availableParasnath Industries Private Limited reported revenue of ₹29.86 Cr (up 186% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 186% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 263% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.68 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Parasnath Industries Private Limited, buy the company report.
Board of directors of Parasnath Industries Private Limited
Parasnath Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anish Shah Also directs: KHD Commodities India Private Limited, Hopewave Foundation | Managing Director | 15 Jul 2005 | 21 Years 3 Months | Current |
| Haresh Shah Also directs: KHD Commodities India Private Limited, Hopewave Foundation | Director | 01 Sep 2003 | 23 Years 1 Months | Current |
| Kalpesh Shah Also directs: KHD Commodities India Private Limited, Hopewave Foundation | Director | 01 Oct 2006 | 20 Years 0 Months | Current |
Peer comparison
Parasnath Industries Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaya Nachiar Textile Mills Private Limited | ₹29.95 Cr (FY 2025) | -3.0% | Chatrapatti, Tamil Nadu, India | |||
| Kadmawala Textile Mills Private Limited | ₹29.94 Cr (FY 2025) | -54.0% | Ahmedabad, Gujarat, India | |||
| Goldmohur Design and Apparel Park Limited | ₹29.9 Cr (FY 2023) | -37.0% | Mumbai, Maharashtra, India | |||
| Parasnath Industries Private Limitedthis company | ₹29.86 Cr (FY 2024) | ₹15.68 Lakh | 0.5% | 186.0% | 8 | Nagpur, Maharashtra, India |
| Chamaria Fashions Private Limited | ₹29.83 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Ambika Knits Private Limited | ₹29.83 Cr (FY 2024) | -2.0% | New Delhi, Delhi, India | |||
| Hem Knitwears Private Limited | ₹29.81 Cr (FY 2025) | 15.0% | Punjab, India | |||
| Alinaa Technical Textile Private Limited | ₹29.79 Cr (FY 2024) | 4.0% | Tiruppur, Tamil Nadu, India |
To see the full peer comparison of Parasnath Industries Private Limited, buy the company report.
Auditor
Parasnath Industries Private Limited is audited by MAYUR DOSHI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAYUR DOSHI & CO | FY 2023 | 122564W |
Shareholding
The shareholding of Parasnath Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parasnath Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2019 | 100313821 | State Bank of India | ₹16.98 Cr | Open | |
| 16 Sep 2005 | 80017164 | State Bank of India | ₹10.49 Cr | Satisfied |
To see the full charge records of Parasnath Industries Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Parasnath Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Parasnath Industries Private Limited was last rated by Care on 10 Dec 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Dec 2018 |
To see the full credit ratings and regulatory alerts of Parasnath Industries Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parasnath Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parasnath Industries Private Limited has a workforce of 8 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Parasnath Industries has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCP2984L2ZV | Maharashtra | Active | 05 Nov 2018 |
| 23AADCP2984L2Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parasnath Industries Private Limited, buy the company report.
Recent activity
Parasnath Industries Private Limited has 5 board changes on record since 2003: 4 appointments and 1 cessation. The latest: Hemendra Keshvaji Shah ceased to be Director on 15 Nov 2021.
1 earlier event is in the company report.
Frequently asked questions
Parasnath Industries is an active private limited company based in Nagpur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 September 2003 (23+ years old) and is registered under CIN U17111MH2003PTC141979.
Parasnath Industries has 3 current directors:
- Anish Shah - Managing Director
- Haresh Shah - Director
- Kalpesh Shah - Director
The latest financial statements of Parasnath Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parasnath Industries is 27AADCP2984L2ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 23AADCP2984L2Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Parasnath Industries is U17111MH2003PTC141979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parasnath Industries was incorporated on 01 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parasnath Industries by revenue are Jaya Nachiar Textile Mills Private Limited, Kadmawala Textile Mills Private Limited, Goldmohur Design and Apparel Park Limited, Chamaria Fashions Private Limited, Ambika Knits Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Hemendra Keshvaji Shah ceased to be Director on 15 Nov 2021. Kalpesh Shah was appointed as Director on 01 Oct 2006. Anish Shah was appointed as Managing Director on 15 Jul 2005. Parasnath Industries has 5 board changes on record in total.
Yes, Parasnath Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0022804).
Parasnath Industries can be reached through the website parasnathindustries.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Parasnath Industries is at Plot No. 58 Flat No. 301 Shiddhi Vinayak Apptr. Farm Land Layout Ramdas Peth Nagpur, Maharashtra, India – 440010.

