Pare Innovations Private Limited Company Logo

Pare Innovations Private Limited - Company Profile

It is a manufacturing private limited company based in Thane, Maharashtra, India, established in 2020.

2020 | Thane, Maharashtra, India | Active
Last Updated:

About Pare Innovations Private Limited

Pare Innovations Private Limited, a active private limited company, was established on 17 March 2020 in Thane, Maharashtra, India. Engaging in construction materials within the manufacturing sector, it holds CIN: U36998MH2020PTC338924. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹4.50 Cr.

It upholds a compliant status. Employing 23 professional, Its leadership includes Parth Parmar (Director), Bipin Parmar (Director), Ashish Mahendra Parikh (Nominee Director). Past directors included Mahendra Amritlal Parikh, Ashish Mahendra Parikh. It holds ₹3.78 M open charges and ₹7.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Jai Commercial Complex, Opp. Cadbury Co. 1St Floor, Gala No.101/102/103, Khopat,, Thane, Maharashtra, 400601.

Company Details

  • CIN/LLPIN

    U36998MH2020PTC338924

  • Registration Number

    338924

  • Incorporation Date

    17 March 2020

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹4.50 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.78 M
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 236.66%
  • Profit Growth 329.97%
  • Ebitda 497.34%
  • Net Worth 158.37%
  • Total Assets 180.41%
Company report

Pare Innovations Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Pare Innovations 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 Pare Innovations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Parth ParmarDirector17 Mar 2020Current
Bipin ParmarDirector17 Mar 2020Current
Ashish Mahendra ParikhNominee Director02 May 2025Current
Piyush Chandrakumar RathiNominee Director02 May 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director14 Aug 2021Past
Pramod AbcsddAdditional Director07 Oct 2021Past

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Financial Performance of Pare Innovations.

Pare Innovations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 236.66% increase. The company also saw a substantial improvement in profitability, with a 329.97% increase in profit. The company's net worth Soared by an impressive increase of 158.37%.

Pare Innovations revenue growth over time
Pare Innovations 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
236.66%
Revenue from Operations
236.85%
Total Assets
180.41%
Profit or Loss
329.97%
Net Worth
158.37%
EBITDA
497.34%

What is the Ownership and Shareholding Structure of Pare Innovations?

In 2023, Pare Innovations had a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹3,778,305.00

Satisfied Charges

₹70,000,000.00

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.38 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2024Hdfc Bank Limited₹3.78 MOpen
16 Mar 2023Others₹7.00 CrSatisfied

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How Many Employees Work at Pare Innovations?

Pare Innovations has a workforce of 23 employees as of Apr 02, 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 Pare Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pare Innovations, 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 Pare Innovations'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 Pare Innovations

Recent Activity within the Organization

  • Director Appointment

    The activity Ashish Mahendra Parikh was appointed as a Nominee Director was appointed as a Nominee Director on 02 May 2025 & has been associated with this company since 8 months 13 days . was completed.

  • Director Appointment

    The activity Piyush Chandrakumar Rathi was appointed as a Nominee Director was appointed as a Nominee Director on 02 May 2025 & has been associated with this company since 8 months 13 days . was completed.

  • Charges

    A charge registered on 16 Mar 2023 via Charge ID 100708480 with Others was fully satisfied on 05 Feb 2025. was recorded as a recent event.

  • Annual General Meeting

    Pare Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    The activity A charge with Hdfc Bank Limited amounted to Rs. 0.38 Cr with Charge ID 101010422 was registered on 17 Sep 2024. was completed.

  • Balance Sheet

    Pare Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Pare Innovations Private Limited?

    The CIN of Pare Innovations Private Limited is U36998MH2020PTC338924.

  • Where is Pare Innovations Private Limited headquartered?

    Pare Innovations Private Limited is headquartered at Jai Commercial Complex, Opp. Cadbury Co. 1St Floor, Gala No.101/102/103, Khopat,, Thane, Maharashtra, 400601.

  • When was Pare Innovations Private Limited incorporated?

    Pare Innovations Private Limited was incorporated on 17 March 2020.

  • Who are the current directors of Pare Innovations Private Limited?

    The current directors of Pare Innovations Private Limited are

  • What is the primary industry of Pare Innovations Private Limited?

    The primary industry of Pare Innovations Private Limited is Manufacturing.

  • Is Pare Innovations Private Limited a listed company?

    Pare Innovations Private Limited is unlisted.

  • What is the capital structure of Pare Innovations Private Limited?

    The authorized capital of Pare Innovations Private Limited is ₹5.50 Cr, and the paid-up capital is ₹4.50 Cr.

  • What is the compliance status of Pare Innovations Private Limited?

    The compliance status of Pare Innovations Private Limited is Compliant.

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