Paragon Apparel Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 7.28 M
- Company Age 30 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 148.63 Cr
- Satisfied Charges ₹ 95.05 Cr
- Revenue Growth 2.76%
- Profit Growth 23.53%
- Ebitda 6.77%
- Net Worth 4.16%
- Total Assets -12.49%
About Paragon Apparel
Paragon Apparel Private Limited (PAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 February 1995 and has a history of 30 years. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 7.28 M.
The company currently has active open charges totaling ₹148.63 Cr. The company has closed loans amounting to ₹95.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tarun Baid, Sidharth Baid, and Roshan Baid serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74899DL1995PTC064907
- Company No.
064907
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Feb 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Paragon Apparel Private Limited offer?
Paragon Apparel Private Limited offers a wide range of products and services, including Industrial Gloves, Nylon Gloves, Personal Protective Equipment, PPE Kits.
Who are the key members and board of directors at Paragon Apparel?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tarun Baid  | Director | 04-May-2004 | Current |
| Sidharth Baid | Director | 20-Dec-2019 | Current |
| Roshan Baid | Director | 01-Feb-1995 | Current |
Financial Performance of Paragon Apparel.
Paragon Apparel Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.76% increase. The company also saw a substantial improvement in profitability, with a 23.53% increase in profit. The company's net worth moved up by a moderate rise of 4.16%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Paragon Apparel?
In 2023, Paragon Apparel had a promoter holding of 34.82% and a public holding of 65.18%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paragon Knits LimitedTarun Baid and Roshan Baid are mutual person
Alcis Sports Private LimitedSidharth Baid and Roshan Baid are mutual person
Arihant Solvex Private LimitedTarun Baid is a mutual person
Ganpati Creations Private LimitedTarun Baid is a mutual person
- Alcis Apparels Private Limited
Sidharth Baid and Roshan Baid are mutual person
Charges (Loans)
₹148.63 Cr
₹95.05 Cr
Charges Breakdown by Lending Institutions
- The Federal Bank Limited (Lead Bank) : 50.61 Cr
- Hdfc Bank Limited : 47.09 Cr
- Others : 32.40 Cr
- Federal Bank Limited : 13.00 Cr
- Sidbi : 3.00 Cr
- Others : 2.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2023 | Hdfc Bank Limited | ₹0.93 M | Open |
| 18 Aug 2022 | Hdfc Bank Limited | ₹2.13 M | Open |
| 25 Jul 2022 | Others | ₹30.00 Cr | Open |
| 22 Jun 2022 | Hdfc Bank Limited | ₹46.78 Cr | Open |
| 10 Feb 2022 | Sidbi | ₹3.00 Cr | Open |
How Many Employees Work at Paragon Apparel?
Paragon Apparel has a workforce of 714 employees as of Mar 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Paragon Apparel, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Paragon Apparel's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
