Paramount Texfab Private Limited

Paramount Texfab Private Limited - manufacturing in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
CIN U17100MH1999PTC122885 Incorporated 02 December 1999 ROC Mumbai HQ Bhiwandi, Maharashtra, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2025
₹21.97 Cr
▼ 30% YoY
Net loss · FY 2025
₹70.13 Lakh
Net margin -3.2%
EBITDA · FY 2025
-₹12.1 Lakh
EBITDA margin -0.6%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹3.14 Cr
Issued & subscribed
Open charges
₹7.29 Cr
Satisfied ₹21.43 Cr
Company age
27 yrs
Est. 1999
Employees · EPFO
3
Provident fund records

About Paramount Texfab Private Limited

Data last updated:

Paramount Texfab Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 December 1999 and has been in existence for over 27 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1999PTC122885. Its GSTIN is 27AADCS8675D1Z2 (Maharashtra).

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.14 Cr. It was formerly known as Sipani Textiles Private Limited and Sipani Textile Private Limited. It is led by directors including Mobinul Mazharul Haq Chowdhry and Siby Varghese.

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 House No 1468 Survey No 28/6 29/9 And 29/12, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302.

As per the financials filed for FY 2025, the company reported a revenue of ₹21.97 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹70.13 Lakh (net margin -3.2%) and EBITDA of -₹12.1 Lakh (EBITDA margin -0.6%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

The company has about 3 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹7.29 Cr and satisfied charges of ₹21.43 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it.

Paramount Texfab Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028496). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U17100MH1999PTC122885
Registration Number 122885
Incorporation Date 02 December 1999
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0028496

Name history

Paramount Texfab has undergone 2 name changes throughout its history. The company was previously known as Sipani Textiles Private Limited, and Sipani Textile Private Limited. The current legal name is Paramount Texfab Private Limited.

Company NameStatus
Paramount Texfab Private LimitedCurrent
Sipani Textiles Private LimitedPrevious
Sipani Textile Private LimitedPrevious
Key People
Mobinul Mazharul Haq Chowdhry Director Siby Varghese Director Varughese Philip Director

Recognitions & Rankings of Paramount Texfab

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0028496

Contact details

Paramount Texfab Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    House No 1468 Survey No 28/6 29/9 And 29/12, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Paramount Texfab Private Limited, buy the company report.

Comprehensive company report
Paramount Texfab Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Paramount Texfab is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Paramount Texfab Private Limited, buy the company report.

Financials of Paramount Texfab Private Limited

FY 2025 filings available

Paramount Texfab Private Limited reported revenue of ₹21.97 Cr (down 30% YoY) for FY 2025.

Revenue · FY 2025
₹21.97 Cr ▼ 30%
Net loss · FY 2025
₹70.13 Lakh margin -3.2%
EBITDA · FY 2025
-₹12.1 Lakh margin -0.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 112%
3 years · compounded
▼ 27%
5 years · compounded
▼ 20%

Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 30% fall in the latest year. EBITDA fell 112% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹12.1 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹70.13 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-0.6%
Net Profit Margin-3.2%
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 Paramount Texfab Private Limited, buy the company report.

Board of directors of Paramount Texfab Private Limited

Paramount Texfab has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mobinul Mazharul Haq Chowdhry
Also directs: Paramount Fabrics Private Limited
Director03 Sep 201214 Years 2 MonthsCurrent
Siby Varghese
Also directs: Daanies Impex Private Limited
Director21 May 20251 Years 5 MonthsCurrent
Varughese Philip
Also directs: Daanies Impex Private Limited
Director21 May 20251 Years 5 MonthsCurrent
View all directors

Peer comparison

Paramount Texfab Private Limited is compared with the 5 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mohit International Private Limited₹22.04 Cr (FY 2024)35.0%New Delhi, Delhi, India
Riviera Textiles Pvt.Ltd.₹22 Cr (FY 2015)11.0%New Delhi, Delhi, India
MSR Fabrics India Private Limited₹21.98 Cr (FY 2023)-22.0%Coimbatore, Tamil Nadu, India
Paramount Texfab Private Limitedthis company₹21.97 Cr (FY 2025)-₹70.13 Lakh-3.2%-30.0%3Bhiwandi, Maharashtra, India
Epic Brands Private Limited₹21.96 Cr (FY 2024)-32.0%New Delhi, Delhi, India
Shree Nath Syncot (India) Private Limited₹21.94 Cr (FY 2022)16.0%Punjab, India

To see the full peer comparison of Paramount Texfab Private Limited, buy the company report.

Auditor

Paramount Texfab Private Limited is audited by Krishna R. Moondra & Associates LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Krishna R. Moondra & Associates LLPFY 2022114488W

Shareholding

The shareholding of Paramount Texfab Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paramount Texfab Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7.29 Cr
Satisfied charges
₹21.43 Cr
Breakdown by lending institutions
Others₹7.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 May 2025101107401Others₹7.29 CrOpen
23 Feb 2016100024854Indian Bank₹1.5 CrSatisfied
28 Feb 200590145688State Bank of India₹16.04 CrSatisfied
03 Mar 200490146604The Shamrao Vithal Co Op Bank Ltd₹50 LakhSatisfied
03 Mar 200490148601The Shamrao Vithal Co Op Bank Ltd₹1.7 CrSatisfied

To see the full charge records of Paramount Texfab Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Paramount Texfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Paramount Texfab Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-273
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Paramount Texfab Private Limited, buy the company report.

GST

Paramount Texfab has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCS8675D1Z2MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Paramount Texfab Private Limited, buy the company report.

Recent activity

Paramount Texfab Private Limited has 11 board changes on record since 2012: 3 appointments and 8 cessations. The latest: Siby Varghese ceased to be Additional Director on 29 Sep 2025.

AGM
Paramount Texfab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Siby Varghese ceased to be Additional Director.
Ceased
Varughese Philip ceased to be Additional Director.
Charges
A charge with Others of Rs. 7.29 Cr registered on 22 May 2025 with Charge ID 101107401 was modified on 30 May 2025.
Charges
A charge with Others amounted to Rs. 7.29 Cr with Charge ID 101107401 was registered on 22 May 2025.
Appointed
Siby Varghese was appointed as Director.
Ceased
Siraj Mazharul Haq Choudhary ceased to be Director.
Appointed
Varughese Philip was appointed as Director.
Ceased
Zaheerul Haq Mazharul Haq Choudhry ceased to be Director.
Filing
Paramount Texfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 23 Feb 2016 via Charge ID 100024854 with Indian Bank was fully satisfied on 21 Dec 2021.
Ceased
Mazharul Haq Haji Abdul Haq Choudhry ceased to be Additional Director.

23 earlier events are in the company report.

Frequently asked questions

Paramount Texfab is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 December 1999 (27+ years old) and is registered under CIN U17100MH1999PTC122885.

Paramount Texfab has 3 current directors:

The latest financial statements of Paramount Texfab 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 Paramount Texfab is 27AADCS8675D1Z2, registered in Maharashtra.

The CIN (Corporate Identification Number) of Paramount Texfab is U17100MH1999PTC122885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paramount Texfab has 9 court cases on record: 6 filed by the company and 3 filed against it. Most are in the high courts.

Paramount Texfab was incorporated on 02 December 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Paramount Texfab by revenue are Mohit International Private Limited, Riviera Textiles Pvt.Ltd, MSR Fabrics India Private Limited, Epic Brands Private Limited, Shree Nath Syncot (India) Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Siby Varghese ceased to be Additional Director on 29 Sep 2025. Varughese Philip ceased to be Additional Director on 29 Sep 2025. Siby Varghese was appointed as Director on 21 May 2025. Paramount Texfab has 11 board changes on record in total.

Yes, Paramount Texfab is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0028496).

The registered office of Paramount Texfab is at House No 1468 Survey No 286 299 And 2912, A 5 Pritesh Complex Val Village Tal. Bhiwandi Dist. – Thane, Maharashtra, India – 421302.