Paras Petrofils Suspended Share Price

Paras Petrofils Limited Shares - Company Overview

Paras Petrofils Limited is a public company incorporated on 20 March 1991. It is classified as a public limited company and is located in Surat, Gujarat. Its authorized share capital is INR 37.00 cr and the total paid-up capital is INR 36.78 cr.

Paras Petrofils Limited's operating revenues range is INR 1 cr - 100 cr for the financial year ending on 31 March 2015.

Paras Petrofils Ltd. was incorporated in the year -1991. It was promoted by the Paras group of Surat which is engaged in the manufacturing/processing and trading of synthetic fabric such as sarees, dress material, and texturizing of yarn. Devraj Jain is the present chairman and managing director. The other group companies are Paras Prints, Paras Silk Mills, Vir Silk Mills, etc. In Jan.95, PPL came out with a Rs 10-cr public issue to part-finance its Rs 28.51-cr project to manufacture partially oriented polyester filament yarn (POPFY) with an aggregate capacity of 5740 tpa. The project is located in Palsana, Surat. For the above project, the company has entered into an MoU with Noy Val Lesina, Switzerland, for the supply of the plant and to render technical services. The company has engaged Tata Consulting Engineers for detailed engineering of the project. During the year 1996-97, the company started the commercial production of Partially Oriented Polyester Filament Yarn (POY). Today’s share price is 0.17 and the current market capitalization stands at Rs 5.68 Cr. In the latest quarter, the company reported a Total Income of Rs. 31.50 Cr. The company’s management includes Deepak Kishorchandra Vaidya, Anilkumar Bansal, Harikishan Chunilal Panpaliya, Madhuben Shankarbhai Rathod, Kailashdan Charan, and Sanjay Jayant Bhatt. It is listed on the BSE with a BSE Code of 521246, NSE with an NSE Symbol of PARASPETRO, and ISIN of INE162C01024.

Paras Petrofills Limited  Share Price, Share Details as of March 31, 2023

Paras Petrofills Limited Incorporation Details

Paras Petrofills Limited Board of Directors

Paras Petrofills Limited Shareholding Pattern (As of 31-03-2023) 

FAQ's on Paras Petrofils

Q: What is the face value of Paras Petrofils Ltd shares?
Answer: The face value of Paras Petrofils Ltd is ₹1 per equity share.

Q: What is the minimum lot size for buying Paras Petrofils shares through WWIPL?
Answer: The minimum lot size for Paras Petrofils shares is 100 equity shares.

Q: How can I buy Paras Petrofils shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with WWIPL, transfer funds, and receive the shares directly in their Demat account.

Q: Why should I buy Paras Petrofils shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless Demat transfers, and end-to-end assistance for investing in unlisted and suspended shares.

Q: Is investing in Paras Petrofils Ltd a good idea?
Answer: Investors generally evaluate Paras Petrofils based on its financial performance, restructuring potential, business revival prospects, and overall risk profile before investing.

Q: Why do investors buy Paras Petrofils shares through WWIPL?
Answer: Investors seeking exposure to turnaround or special situation opportunities may consider Paras Petrofils through WWIPL, while understanding the risks associated with such investments.

Q: What business does Paras Petrofils Ltd operate in?
Answer: Paras Petrofils was engaged in the manufacturing of polyester filament yarn and synthetic textile products and has historically operated in the petrochemicals and textile sector.

Q: What makes Paras Petrofils different from other companies?
Answer: The company has a long operating history in the polyester yarn industry and is often evaluated as a turnaround opportunity rather than a conventional growth investment.

Q: What are the key growth drivers for Paras Petrofils Ltd?
Answer: Any improvement in the textile sector, successful restructuring, operational revival, and better utilization of assets could support the company's future prospects.

Q: What factors affect the valuation of Paras Petrofils shares?
Answer: Business revival, financial performance, restructuring progress, promoter actions, industry conditions, and investor sentiment significantly influence valuation.

Q: Are Paras Petrofils shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to the investor's Demat account.

Q: Can I sell my Paras Petrofils shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of shares, subject to market demand and availability.

Q: What documents are required to buy Paras Petrofils shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report (CMR), and bank account details to complete the transaction.

Q: What are the risks of investing in Paras Petrofils shares?
Answer: Investors should consider business turnaround risk, financial performance, liquidity constraints, sector challenges, and market volatility before investing.

Q: How does WWIPL help investors track Paras Petrofils investments?
Answer: WWIPL provides transaction support, company updates, market insights, and assistance throughout the investment journey.

Q: How long does it take for Paras Petrofils shares purchased through WWIPL to be credited to a Demat account?
Answer: Shares are generally credited after successful completion and verification of the transaction.

Q: What should investors evaluate before investing in Paras Petrofils Ltd?
Answer: Investors should assess the company's financial statements, business revival plans, industry outlook, valuation, management actions, and overall risk-reward profile.

Q: Can Paras Petrofils benefit if India's textile and polyester industry improves?
Answer: Yes. A recovery in textile demand, improved operating performance, and successful business restructuring could enhance the company's long-term prospects.