Paragon Industries Limited

Manufactures aluminum products for various industries with a monthly production capacity of 3000 tonnes.

1995 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Paragon Industries Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 29 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 90.00 Cr
  • Satisfied Charges ₹ 182.05 Cr
  • Revenue Growth 3.33%
  • Profit Growth -11.55%
  • Ebitda -14.13%
  • Net Worth 24.73%
  • Total Assets 6.84%

About Paragon Industries

Paragon Industries Limited (PIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 May 1995 and has a history of 29 years and ten months. Its registered office is in Meerut, Uttar Pradesh, India.

The Corporate was formerly known as Paragon Capital Limited. The Company is engaged in the Metals And Minerals 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 7.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹90.00 Cr. The company has closed loans amounting to ₹182.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paragon Industries Limited India is Sandeep Jain as COMPANY SECRETARY. Qamar Kazmi, Daljit Singh, Nadeem Sabri, and Two other members serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910UP1995PLC018072

  • Company No.

    018072

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Metals and Minerals

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

Executive Team (2)

NameDesignationAppointment DateStatus
Qamar Kazmi Country flag representing In Managing Director24-Sep-2003Current
Sandeep Jain Company Secretary22-Sep-2014Current

Board Members (4)

NameDesignationAppointment DateStatus
Daljit Singh Country flag representing In Whole-Time Director 18-May-1995Current
Nadeem Sabri Country flag representing In Director 24-Sep-2003Current
Charu Agarwal Country flag representing In Director 21-Jun-2023Current
Kavita Rastogi Country flag representing In Director 28-May-2019Current

Financial Performance of Paragon Industries.

Paragon Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.33% increase. The company also saw a substantial fall in profitability, with a 11.55% decrease in profit. The company's net worth Soared by an impressive increase of 24.73%.

Paragon Industries revenue growth over time
Paragon Industries 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
3.33%
Revenue from Operations
3.27%
Total Assets
6.84%
Profit or Loss
-11.55%
Net Worth
24.73%
EBITDA
-14.13%

What is the Ownership and Shareholding Structure of Paragon Industries?

In 2023, Paragon Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.00 Cr

Satisfied Charges

₹182.05 Cr

Charges Breakdown by Lending Institutions

  • Others : 45.00 Cr
  • Axis Bank Limited : 45.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2022Axis Bank Limited₹45.00 CrOpen
17 Dec 2018Others₹45.00 CrOpen
30 Aug 2017Others₹13.00 CrSatisfied
02 Apr 2016Others₹1.00 CrSatisfied
06 Jul 2015Oriental Bank Of Commerce₹5.00 CrSatisfied

How Many Employees Work at Paragon Industries?

Paragon Industries has a workforce of 281 employees as of May 19, 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.

Employee growth trends for Paragon Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Paragon Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 45.00 Cr registered on 29 Dec 2022 with Charge ID 100670299 was modified on 18 Jul 2024.

  • Charges

    A charge with Others of Rs. 45.00 Cr registered on 17 Dec 2018 with Charge ID 100237440 was modified on 13 Jun 2024.

  • Annual General Meeting

    Paragon Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Charu Agarwal was appointed as a Director was appointed as a Director on 21 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Paragon Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 45.00 Cr with Charge ID 100670299 was registered on 29 Dec 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Paragon Industries Limited?

    Paragon Industries Limited was incorporated on 18 May 1995.

  • What is authorized share capital and paid-up capital of Paragon Industries Limited?

    The authorized share capital of Paragon Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Paragon Industries Limited?

    Currently 6 directors are associated with Paragon Industries Limited.

    • Qamar Ahmed Kazmi
    • Daljit Singh
    • Nadeem Sabri
    • Charu Agarwal
    • Sandeep Jain
    • Kavita Rastogi

  • What is the registered address of Paragon Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Industries Limited is C/O Gudex Glass Zakir Colony, Hapur Road Opp. L Block, Meerut, Uttar Pradesh, India, 250004.

  • What is the corporate identification number (CIN) and company number of Paragon Industries Limited?

    The corporate identification number (CIN) of Paragon Industries Limited is U65910UP1995PLC018072 and the company number is 018072 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paragon Industries Limited?

    The Official website of Paragon Industries Limited is https://www.paragonaluminium.com

  • What has been the recent revenue trend for Paragon Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Paragon Industries Limited has risen by 3.33%.

  • How many employees does Paragon Industries Limited currently have?

    As Per 2023 financial reports, 281 employees are currently employed by Paragon Industries Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Paragon Industries Limited has experienced an upsurge of 24.73%.

  • What are the total open charges for Paragon Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paragon Industries Limited amount to ₹ 90.00 Cr.

  • When was the last Balance Sheet of Paragon Industries Limited filed with the ROC?

    The most recent Balance Sheet for Paragon Industries Limited was filed with the ROC on 31 Mar 2023.

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