Paragon Irrigation Private Limited

Manufactures irrigation instruments and equipment, including HDPE pipes, drippers, and filters.

1994 | Vadodara, Gujarat (India) | Active
Last Updated:

Paragon Irrigation Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 44.15 Cr
  • Satisfied Charges ₹ 62.12 Cr
  • Revenue Growth 17.05%
  • Profit Growth 80.74%
  • Ebitda 59.53%
  • Net Worth 11.18%
  • Total Assets -0.53%

About Paragon Irrigation

Paragon Irrigation Private Limited (PIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 1994 and has a history of 30 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Paragon Irrigation Private Limited. The Company is engaged in the Agriculture 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 1.25 Cr and a paid-up capital of Rs 1.13 Cr.

The company currently has active open charges totaling ₹44.15 Cr. The company has closed loans amounting to ₹62.12 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neetaben Dudhatra, Jigisha Dudhatra, Narendra Dudhatra, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29255GJ1994PTC023952

  • Company No.

    023952

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

What products or services does Paragon Irrigation Private Limited offer?

Paragon Irrigation Private Limited offers a wide range of products and services, including Metal Pipe & Plumbing Fittings, Pipe Nozzles.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hitendra Dudhatra Country flag representing In Managing Director23-Dec-1994Current

Board Members (3)

NameDesignationAppointment DateStatus
Neetaben Dudhatra Country flag representing In Director 03-Aug-2007Current
Jigisha Dudhatra Country flag representing In Director 03-Aug-2007Current
Narendra Dudhatra Country flag representing In Whole-Time Director 01-Jan-2013Current

Financial Performance of Paragon Irrigation.

Paragon Irrigation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.05% increase. The company also saw a substantial improvement in profitability, with a 80.74% increase in profit. The company's net worth Soared by an impressive increase of 11.18%.

Paragon Irrigation revenue growth over time
Paragon Irrigation 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
17.05%
Revenue from Operations
16.44%
Total Assets
-0.53%
Profit or Loss
80.74%
Net Worth
11.18%
EBITDA
59.53%

What is the Ownership and Shareholding Structure of Paragon Irrigation?

In 2023, Paragon Irrigation had a promoter holding of 78.07% and a public holding of 21.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹44.15 Cr

Satisfied Charges

₹62.12 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 44.00 Cr
  • Bank Of Baroda : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
15 Mar 2019Hdfc Bank Limited₹5.00 CrOpen
30 Apr 2016Hdfc Bank Limited₹3.00 CrOpen
27 Aug 2015Hdfc Bank Limited₹36.00 CrOpen
26 Jul 1995Bank Of Baroda₹0.75 MOpen
25 Jul 1995Bank Of Baroda₹0.75 MOpen

How Many Employees Work at Paragon Irrigation?

Paragon Irrigation has a workforce of 185 employees as of Apr 03, 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 Irrigation Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Paragon Irrigation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Paragon Irrigation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 36.00 Cr registered on 27 Aug 2015 with Charge ID 10590240 was modified on 28 Sep 2023.

  • Charges

    A charge registered on 26 Feb 2020 via Charge ID 100331477 with Hdfc Bank Limited was fully satisfied on 18 Jul 2020.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100331477 was registered on 26 Feb 2020.

  • Charges

    A charge registered on 20 Jan 2017 via Charge ID 100095344 with Hdfc Bank Limited was fully satisfied on 15 Feb 2020.

Frequently asked questions

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

    Paragon Irrigation Private Limited was incorporated on 23 Dec 1994.

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

    The authorized share capital of Paragon Irrigation Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.13 Cr.

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

    Currently 4 directors are associated with Paragon Irrigation Private Limited.

    • Neetaben Hitendrabhai Dudhatra
    • Jigisha Narendrabhai Dudhatra
    • Narendra Purushottambhai Dudhatra
    • Hitendra Purushottam Dudhatra

  • What is the registered address of Paragon Irrigation Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Irrigation Private Limited is 102/2 G.I.D.C. Makarpura, India, Vadodara, Gujarat, 390010.

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

    The corporate identification number (CIN) of Paragon Irrigation Private Limited is U29255GJ1994PTC023952 and the company number is 023952 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paragon Irrigation Private Limited?

    The Official website of Paragon Irrigation Private Limited is https://www.paragonpipe.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Paragon Irrigation Private Limited has risen by 17.05%.

  • How many employees does Paragon Irrigation Private Limited currently have?

    As Per 2023 financial reports, 185 employees are currently employed by Paragon Irrigation Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Paragon Irrigation Private Limited has experienced an upsurge of 11.18%.

  • What are the total open charges for Paragon Irrigation Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Paragon Irrigation Private Limited amount to ₹ 44.15 Cr.

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

    The most recent Balance Sheet for Paragon Irrigation Private Limited was filed with the ROC on 31 Mar 2024.

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