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:

Paragon Finance Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 4.25 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.40 M
  • 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 nine 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 2024. 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 currently has active open charges totaling ₹5.40 M. The company has closed loans amounting to ₹3.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paragon Finance Ltd India are Aloke Gupta as CFO and Sanjay Gupta as Company Secretary. Anny Jain, Anshul Goenka, Parul Rajgaria, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Company report

Paragon Finance Ltd

Explore comprehensive data for Paragon Finance Ltd, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Aloke Gupta CFO21-Aug-1986Current
Sanjay Gupta Country flag representing In Company Secretary26-Sep-2014Current

Board Members (3)

NameDesignationAppointment DateStatus
Anny Jain Country flag representing In Director 14-Nov-2016Current
Anshul Goenka Country flag representing In Director 29-Aug-2023Current
Parul Rajgaria Country flag representing In Director 14-Feb-2023Current

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%.

Paragon Finance revenue growth over time
Paragon Finance 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

₹0.54 Cr

Satisfied Charges

₹3.80 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 0.54 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 2024Yes Bank Limited₹5.40 MOpen
24 Jun 2014Tata Capital Financial Services Limited₹1.00 CrSatisfied
10 Apr 2013Oriental Bank Of Commerce₹3.00 MSatisfied
20 Apr 2012Punjab And Sind Bank₹2.00 CrSatisfied
31 Mar 1989Uco Bank₹5.00 MSatisfied

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.

Employee growth trends for Paragon Finance Ltd

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 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Paragon Finance Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 0.54 Cr with Charge ID 100913646 was registered on 18 Mar 2024.

  • 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 7 months .

  • Director Appointment

    Parul Rajgaria was appointed as a Director was appointed as a Director on 14 Feb 2023 & has been associated with this company since 2 years 2 months .

  • 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.

Frequently asked questions

  • What is the Incorporation or founding date of Paragon Finance Ltd?

    Paragon Finance Ltd was incorporated on 21 Jul 1986.

  • What is authorized share capital and paid-up capital of Paragon Finance Ltd?

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

  • Who are the current board members & directors of Paragon Finance Ltd?

    Currently 7 directors are associated with Paragon Finance Ltd.

    • Anny Jain
    • Aloke Kumar Gupta
    • Sanjay Kumar Gupta
    • Anshul Goenka
    • Parul Rajgaria
    • Aloke Kumar Gupta
    • Sanjay Kumar Gupta

  • What is the registered address of Paragon Finance Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Finance Ltd is Sikkim House 4Th Floor4/1 Middleton Street India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Paragon Finance Ltd?

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

  • Is Paragon Finance Ltd registered with any stock exchange in India?

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

  • What is the official website of Paragon Finance Ltd?

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

  • What has been the recent revenue trend for Paragon Finance Ltd?

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

  • What change has been observed in the net worth of Paragon Finance Ltd, and by what percentage?

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

  • What are the total open charges for Paragon Finance Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Paragon Finance Ltd amount to ₹ 5.40 M.

  • When was the last Balance Sheet of Paragon Finance Ltd filed with the ROC?

    The most recent Balance Sheet for Paragon Finance Ltd was filed with the ROC on 31 Mar 2024.

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