Parkash Multimetals Private Limited
About Parkash Multimetals Private Limited
Data last updated:
Parkash Multimetals Private Limited was a private limited company based in Mandi Gobindgarh, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 01 August 2011.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27100PB2011PTC035331. Its GSTIN is 03AAGCP1477P1Z1 (Punjab).
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh. It was led by directors Lovlish Garg (Whole-Time Director) and Bhuvnesh Garg (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at # 447 Sector – 3 – C G. T. Road, Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.04 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net profit of ₹10.82 Lakh (net margin 3.6%) and EBITDA of ₹17.54 Lakh (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years and 45% over five years.
As per MCA filings, the company had satisfied charges of ₹13 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address# 447 Sector – 3 – C G. T. Road, Mandi Gobindgarh, Punjab, India – 147301
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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
- One PDF report, delivered after checkout
Business Activity of Parkash Multimetals Private Limited
The main business activity of Parkash Multimetals is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parkash Multimetals Private Limited FY 2023 filings available
Parkash Multimetals Private Limited reported revenue of ₹3.04 Cr (down 88% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Parkash Multimetals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 88% fall in the latest year. EBITDA fell 81% 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 of Parkash Multimetals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹17.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.82 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 of Parkash Multimetals Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parkash Multimetals are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Parkash Multimetals Private Limited
Parkash Multimetals Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKB Infraresources Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Patna, Bihar, India |
| Evara Infratech Private Limited | ₹3.06 Cr (FY 2025) | •••• | •••• | •••• | Panvel, Maharashtra, India | |
| V.M. Iron & Steel Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Bantra, West Bengal, India |
| Optimized Steel Detailing Solutions India Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | 217.0% | •••• | Delhi, India |
| Pujara Alloy Steel Centre Private Limited | ₹3.04 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Chennai, Tamil Nadu, India |
| Parkash Multimetals Private Limited this company | ₹3.04 Cr (FY 2023) | •••• | •••• | -88.0% | •••• | Mandi Gobindgarh, Punjab, India |
| Debi Steel Tubes Private Limited | ₹3.04 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Gurugram, Haryana, India |
| Instinox LLP | ₹3.04 Cr (FY 2021) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Ajmani Associates Engineering Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Kolkata, West Bengal, India |
| Richmonde Steel Solutions Private Limited | ₹3.03 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Karicode Post, Kerala, India |
| Kaayena Wagon and Steels Private Limited | ₹3.02 Cr (FY 2022) | •••• | •••• | 77.0% | •••• | Howrah, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Parkash Multimetals by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parkash Multimetals Private Limited
Parkash Multimetals Private Limited is audited by BANSAL JIWAN & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BANSAL JIWAN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parkash Multimetals Private Limited
Parkash Multimetals has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lovlish Garg Also directs: Behari Lal Engineering Limited | Whole-Time Director | 01 Aug 2011 | 15 Years 2 Months | As last reported |
| Bhuvnesh Garg | Whole-Time Director | 01 Apr 2017 | 9 Years 6 Months | As last reported |
Ownership and Shareholding of Parkash Multimetals Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parkash Multimetals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2017 | Hdfc Bank Limited | ₹9.5 Cr | Satisfied |
| 18 Jun 2014 | Others | ₹3.5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Parkash Multimetals Private Limited
Employment history and EPFO contributions of people linked to Parkash Multimetals.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Parkash Multimetals Private Limited
Parkash Multimetals Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Anil Gupta ceased to be Director on 13 Sep 2018.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Parkash Multimetals Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parkash Multimetals Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parkash Multimetals Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parkash Multimetals Private Limited
Parkash Multimetals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCP1477P1Z1 | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parkash Multimetals Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parkash Multimetals Private Limited
Parkash Multimetals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Parkash Multimetals was a private limited company based in Mandi Gobindgarh, Punjab, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 01 August 2011 and is registered under CIN U27100PB2011PTC035331. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Parkash Multimetals was incorporated on 01 August 2011. It is registered with the Registrar of Companies, Chandigarh.
Parkash Multimetals had 2 directors:
- Lovlish Garg - Whole-Time Director
- Bhuvnesh Garg - Whole-Time Director
The CIN (Corporate Identification Number) of Parkash Multimetals is U27100PB2011PTC035331. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Parkash Multimetals is at # 447 Sector – 3 – C G. T. Road, Mandi Gobindgarh, Punjab, India – 147301.
Parkash Multimetals reported revenue of ₹3.04 Cr for FY 2023 (down 88% YoY).
Parkash Multimetals has an authorised share capital of ₹1 Cr and a paid-up capital of ₹30 Lakh.
Parkash Multimetals reported a net profit of ₹10.82 Lakh (net margin 3.6%) and EBITDA of ₹17.54 Lakh (EBITDA margin 5.8%) for FY 2023, as per its filed financial statements.
The GSTIN of Parkash Multimetals is 03AAGCP1477P1Z1, registered in Punjab.
Parkash Multimetals operated in the metals and minerals industry, in the steel manufacturing and processing segment.