Paragon Business Solutions Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 1.04 M
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.95 Cr
- Satisfied Charges ₹ 7.80 M
- Revenue Growth 22.52%
- Profit Growth 150.73%
- Ebitda 0.09%
- Net Worth 4.76%
- Total Assets -7.67%
About Paragon Business Solutions
Paragon Business Solutions Limited (PBSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 July 1994 and has a history of 30 years and seven months. Its registered office is in Indore, Madhya Pradesh, India.
The Corporate was formerly known as Paragon Business Solution Limited. The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.04 M.
The company currently has active open charges totaling ₹9.95 Cr. The company has closed loans amounting to ₹7.80 M, as per Ministry of Corporate Affairs (MCA) records.
Rahul Salgia, Vivek Kamani, and Rachana Salgia serve as directors at the Company.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U30007MP1994PLC008457
- Company No.
008457
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Jul 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Information Technology
Who are the key members and board of directors at Paragon Business Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vivek Kamani  | Whole-Time Director | 08-Dec-2001 | Current |
| Rahul Salgia | Whole-Time Director | 06-Jul-1994 | Current |
| Rachana Salgia | Whole-Time Director | 18-Mar-2015 | Current |
Financial Performance of Paragon Business Solutions.
Paragon Business Solutions Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.52% increase. The company also saw a substantial improvement in profitability, with a 150.73% increase in profit. The company's net worth moved up by a moderate rise of 4.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Paragon Business Solutions?
In 2022, Paragon Business Solutions had a promoter holding of 82.68% and a public holding of 17.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹99.50 M
Satisfied Charges
₹7.80 M
Charges Breakdown by Lending Institutions
- Others : 9.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2024 | Others | ₹9.00 Cr | Open |
| 02 Apr 2022 | Others | ₹9.50 M | Open |
| 19 Jun 2012 | Standard Chartered Bank Limited | ₹7.80 M | Satisfied |
How Many Employees Work at Paragon Business Solutions?
Paragon Business Solutions has a workforce of 117 employees as of Mar 28, 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 Business Solutions, 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 Business Solutions'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.
Latest Updates, News, and FAQs on Paragon Business Solutions
Recent activity within the organization
- Annual General Meeting
Paragon Business Solutions Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 90.00 M with Charge ID 100918280 was registered on 30 Apr 2024.
- Balance Sheet
Paragon Business Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
- Charges
A charge with Others amounted to Rs. 9.50 M with Charge ID 100563072 was registered on 02 Apr 2022.
- Charges
A charge registered on 19 Jun 2012 via Charge ID 10360710 with Standard Chartered Bank Limited was fully satisfied on 28 Jul 2017.
- Director Appointment
Rachana Salgia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Mar 2015 & has been associated with this company since 9 years 11 months .
Recent News, Updates & Announcement
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Frequently asked questions
What is the Incorporation or founding date of Paragon Business Solutions Limited?
Paragon Business Solutions Limited was incorporated on 06 Jul 1994.
What is authorized share capital and paid-up capital of Paragon Business Solutions Limited?
The authorized share capital of Paragon Business Solutions Limited is ₹ 2.00 M and paid-up capital is ₹ 1.04 M.
Who are the current board members & directors of Paragon Business Solutions Limited?
Currently 3 directors are associated with Paragon Business Solutions Limited.
- Rahul Salgia
- Vivek Kamani
- Rachana Salgia
What is the registered address of Paragon Business Solutions Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Business Solutions Limited is 21, B.C. Meerapath India, Indore, Madhya Pradesh, 452001.
What is the corporate identification number (CIN) and company number of Paragon Business Solutions Limited?
The corporate identification number (CIN) of Paragon Business Solutions Limited is U30007MP1994PLC008457 and the company number is 008457 as per Ministry of Corporate Affairs (MCA).
What is the official website of Paragon Business Solutions Limited?
The Official website of Paragon Business Solutions Limited is https://www.digivalet.com
What has been the recent revenue trend for Paragon Business Solutions Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Paragon Business Solutions Limited has risen by 22.52%.
How many employees does Paragon Business Solutions Limited currently have?
As Per 2022 financial reports, 117 employees are currently employed by Paragon Business Solutions Limited.
What change has been observed in the net worth of Paragon Business Solutions Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Paragon Business Solutions Limited has experienced an upsurge of 4.76%.
What are the total open charges for Paragon Business Solutions Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Paragon Business Solutions Limited amount to ₹ 9.95 Cr.
When was the last Balance Sheet of Paragon Business Solutions Limited filed with the ROC?
The most recent Balance Sheet for Paragon Business Solutions Limited was filed with the ROC on 31 Mar 2024.
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