Paragon Finance Ltd

NBFC providing loans against vehicle security, investing in shares, mutual funds, and real estate.

1986 | Kolkata, West Bengal (India) | Active
Last Updated: June 24, 2024

Paragon Finance Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 4.25 Cr
  • Company Age 38 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.80 Cr
  • Revenue Growth -30.63%
  • Profit Growth -119.14%
  • Ebitda -91.94%
  • Net Worth -1.35%
  • Total Assets 2.04%

About Paragon Finance

Paragon Finance Ltd (PFL) is a Public Limited Indian Non-Government Company incorporated in India on 21 July 1986 and has a history of 38 years and six months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531255.

The Company is engaged in the Financial Services 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 6.25 Cr and a paid-up capital of Rs 4.25 Cr.

The company has closed loans amounting to ₹3.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paragon Finance Ltd India are Sanjay Gupta as COMPANY SECRETARY and Aloke Gupta as Cfo. Sanjay Gupta, Aloke Gupta, Anny Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65921WB1986PLC040980

  • Company No.

    040980

  • Stock Symbol

    BSE : 531255

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1986

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Paragon Finance?

Executive Team (2)

Name Designation Appointment Date Status
Sanjay Gupta Country flag representing In Company Secretary 31-Jan-2022 Current
Aloke Gupta CFO 31-Jan-2022 Current

Board Members (5)

Name Designation Appointment Date Status
Anny Jain Country flag representing In Director 14-Nov-2016 Current
Sanjay Gupta Country flag representing In Whole-Time Director and Company Secretary 19-Nov-1991 Current
Aloke Gupta Country flag representing In Director 21-Aug-1986 Current
Parul Rajgaria Country flag representing In Director 24-Mar-2023 Current
Anshul Goenka Country flag representing In Director 29-Aug-2023 Current

Financial Performance of Paragon Finance.

Paragon Finance Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.63% decrease. The company also saw a substantial fall in profitability, with a 119.14% decrease in profit. The company's net worth dipped by a decrease of 1.35%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-30.63%
Revenue from Operations
-35.86%
Total Assets
2.04%
Profit or Loss
-119.14%
Net Worth
-1.35%
EBITDA
-91.94%

What is the Ownership and Shareholding Structure of Paragon Finance?

In 2022, Paragon Finance had a promoter holding of 69.73% and a public holding of 30.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.80 Cr

Charges Breakdown by Lending Institutions

  • Punjab And Sind Bank : 2.00 Cr
  • Tata Capital Financial Services Limited : 1.00 Cr
  • Uco Bank : 0.50 Cr
  • Oriental Bank Of Commerce : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
24 Jun 2014 Tata Capital Financial Services Limited ₹1.00 Cr Satisfied
10 Apr 2013 Oriental Bank Of Commerce ₹3.00 M Satisfied
20 Apr 2012 Punjab And Sind Bank ₹2.00 Cr Satisfied
31 Mar 1989 Uco Bank ₹5.00 M Satisfied

How Many Employees Work at Paragon Finance?

Unlock and access historical data on people associated with Paragon Finance, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paragon Finance, 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 Finance's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Finance

Recent activity within the organization

  • Annual General Meeting

    Paragon Finance Ltd last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Director Appointment

    Anshul Goenka was appointed as a Director was appointed as a Director on 29 Aug 2023 & has been associated with this company since 1 year 5 months .

    29 Aug 2023

  • Balance Sheet

    Paragon Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Parul Rajgaria was appointed as a Director was appointed as a Director on 24 Mar 2023 & has been associated with this company since 1 year 10 months .

    24 Mar 2023

  • Charges

    A charge registered on 24 Jun 2014 via Charge ID 10515239 with Tata Capital Financial Services Limited was fully satisfied on 07 Sep 2022.

    07 Sep 2022

  • Director Appointment

    Anny Jain was appointed as a Director was appointed as a Director on 14 Nov 2016 & has been associated with this company since 8 years 2 months .

    14 Nov 2016

Frequently asked questions

  • Paragon Finance Ltd was incorporated on 21 Jul 1986.

  • The authorized share capital of Paragon Finance Ltd is ₹ 6.25 Cr and paid-up capital is ₹ 4.25 Cr.

  • Currently 7 directors are associated with Paragon Finance Ltd.

    • Sanjay Kumar Gupta
    • Aloke Kumar Gupta
    • Anny Jain
    • Parul Rajgaria
    • Anshul Goenka
    • Sanjay Kumar Gupta
    • Aloke Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Finance Ltd is Sikkim House 4Th Floor4/1 Middleton Street, Kolkata, West Bengal, India, 700071.

  • The corporate identification number (CIN) of Paragon Finance Ltd is L65921WB1986PLC040980 and the company number is 040980 as per Ministry of Corporate Affairs (MCA).

  • Yes, Paragon Finance Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Paragon Finance Ltd is https://www.paragonfinanceltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Paragon Finance Ltd has fallen by -30.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Paragon Finance Ltd has experienced an downturn of -1.35%.

  • The most recent Balance Sheet for Paragon Finance Ltd was filed with the ROC on 31 Mar 2023.

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