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Data is not available for this company
Paramount Printpackaging was originally formed on November 13, 1985 in the form of a partnership firm under the name and style of â€œParamount Printing Pressâ€. Paramount Printing Press was converted into a private limited company, Paramount Printing Press Private Limited under Part IX of the Companies Act, 1956 for which a certificate of incorporation was issued on March 24, 2006 by the RoC. The name of the company was changed to â€œParamount Printpackaging
Paramount Printpackaging was originally formed on November 13, 1985 in the form of a partnership firm under the name and style of â€œParamount Printing Pressâ€. Paramount Printing Press was converted into a private limited company, Paramount Printing Press Private Limited under Part IX of the Companies Act, 1956 for which a certificate of incorporation was issued on March 24, 2006 by the RoC. The name of the company was changed to â€œParamount Printpackaging Private Limitedâ€ pursuant to fresh certificate of incorporation consequent upon change of name dated June 2, 2010 issued by the RoC. Further, the company was converted to a public limited company and the name of the company was changed to â€œParamount Printpackaging Limitedâ€ pursuant to a fresh certificate of incorporation consequent upon change of name issued on July 21, 2010 by the RoC. Paramount Printing Press was registered with the registrar of firms in 1941 based on the records available with the Registrar of Firms. The firm was reconstituted several times and finally dissolved on June 7, 1982. Some of the promoters, namely Ashwin Babulal, Ketan Vipin Sukhadia, Anuj Vipin Sukhadia, Divyesh Ashwin Sukhadia, Vipul Ashwin Sukhadia were partners of Paramount Printing Press at the time of dissolution on June 7, 1982. Subsequently, a new firm in the name of Paramount Printing Press was formed on November 13, 1985 and was registered with the Registrar of Firms on June 4, 1990, which was later converted under Part IX of the Companies Act, 1956 to form the company.
Today the company operates out of a fully automated plant at Navi Mumbai, capable of supplying hundreds of different types of folding box cartons that suit the needs of its customers. The companyâ€™s plant has the capacity to convert approximately 400 tons of paper board every month. In terms of finished products, the company has the capacity to produce 20 lac cartons a day. The company developed business relations as a stationery printer with a variety of corporates such as banks, pharma and textile corporations. With a view to diversify its operations with its existing clients, the company forayed into publicity material printing. The company diversified further by offering packaging solutions to its existing clients. The company gradually moved from being a stationery printer to offering folding box carton packaging material which presently is its core area of operation. In the initial years, it acquired a single ADAST Dominant and a two colour SOLNA printing machine and for the post-press process of die cutting, it relied on Indian-made manual punching machines and performed the pasting process manually. The company currently runs an integrated facility that includes pre-press, procuring of raw material from various sources, cutting paper as per requirement, printing, hot foil stamping, varnishing, UV coating, lamination, embossing, punching and pasting. Their processes are automated to an optimum level which gives the company the ability to execute high quality and large volume printing jobs, efficiently in lead times. Their press uses Heidelberg printing machines, while the post-press is equipped with BOBST die cutting and pasting machines.
In addition, with a view to gain a competitive advantage the company has set up its own pre-press and ink matching centre. They believe that these in-house facilities are a key differentiator in comparison to other packaging solutions provider as it reduces the companyâ€™s dependence on third party suppliers and also helps in increasing efficiency in terms of delivery times. As part of the pre-press facility the company has modules from ESKO Graphic software for the packaging activity and star proof for the proofing needs from BODHI Professional. Their own ink matching centre gives the company the advantage of preparing special colour inks for printing jobs, which they believe further reduces their dependence on third party suppliers.
As on March 31, 2010, they had 78 full time employees. The company is an ISO 9001-2008 certified company for the â€œManufacturing & Supply of Printed Duplex Board Packaging.â€ The company has also received Star Printers of India Award in 2009 from â€˜The All India Federation of Master Printersâ€™. The company offers a packing solutions consisting of a wide range of cartons, which is complemented by print finishes such as stamping, embossing, complex varnishing and security features.