
Parmar Developers and Properties Private Limited
About Parmar Developers and Properties Private Limited
Data last updated:
Parmar Developers and Properties Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70200TN2013PTC089719. Its GSTIN is 33AAHCP0345F2ZS (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63.71 Lakh. It is led by directors Rakhi and Maneesh Parmar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.87 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Cr (net margin 30.6%) and EBITDA of ₹9.33 Cr (EBITDA margin 78.6%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
As per MCA filings, the company has open charges of ₹2.99 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parmar Developers and Properties Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – S4 – H 1/1A/B/C/D/E/F, Perambur Barracks Road Off. Strahans Road Pattalam, Chennai, Tamil Nadu, India – 600012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Parmar Developers and Properties 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 Parmar Developers and Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Parmar Developers and Properties Private Limited, buy the company report.
Financials of Parmar Developers and Properties Private Limited
FY 2024 filings availableParmar Developers and Properties Private Limited reported revenue of ₹11.87 Cr (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA fell 53% 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 |
|---|---|---|---|---|---|
| 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 | ₹9.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.63 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.6% | ||||
| Net Profit Margin | 30.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Parmar Developers and Properties Private Limited, buy the company report.
Board of directors of Parmar Developers and Properties Private Limited
Parmar Developers and Properties has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakhi Also directs: Vision 360 Equity Solutions Private Limited | Director | 22 Mar 2016 | 10 Years 7 Months | Current |
| Maneesh Parmar Also directs: Vision 360 Equity Solutions Private Limited, KLP Facility Management Services LLP, KLP Townships Private Limited and 4 more | Director | 24 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Parmar Developers and Properties Private Limited is audited by RAJESH SAMDARIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH SAMDARIA & ASSOCIATES | FY 2023 | 007662S |
Shareholding
The shareholding of Parmar Developers and Properties 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 Parmar Developers and Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101185229 | State Bank of India | ₹2.99 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Parmar Developers and Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parmar Developers and Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parmar Developers and Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP0345F2ZS | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parmar Developers and Properties Private Limited, buy the company report.
Recent activity
Parmar Developers and Properties Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Maneesh Parmar ceased to be Additional Director on 15 Nov 2021.
Frequently asked questions
Parmar Developers and Properties is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 February 2013 (13+ years old) and is registered under CIN U70200TN2013PTC089719.
Parmar Developers and Properties has 2 current directors:
- Rakhi - Director
- Maneesh Parmar - Director
The latest financial statements of Parmar Developers and Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Parmar Developers and Properties is 33AAHCP0345F2ZS, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Parmar Developers and Properties is U70200TN2013PTC089719. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parmar Developers and Properties was incorporated on 20 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Maneesh Parmar ceased to be Additional Director on 15 Nov 2021. Bhawarlal Jain ceased to be Director on 24 Jun 2021. Maneesh Parmar was appointed as Director on 24 Jun 2021. Parmar Developers and Properties has 7 board changes on record in total.
The registered office of Parmar Developers and Properties is at B – S4 – H 11ABCDEF, Perambur Barracks Road Off. Strahans Road Pattalam, Chennai, Tamil Nadu, India – 600012.
Parmar Developers and Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
Parmar Developers and Properties has open charges of ₹2.99 Cr and no satisfied charges on record as per latest MCA filings.