Paragon Knits Limited

This company specializes in knitting and processing yarn into fabric, offering various blends and performance fabrics.

2008 | Delhi (India) | Active
Last Updated:

Paragon Knits Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 4.85 M
  • Company Age 16 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.90 Cr
  • Satisfied Charges ₹ 45.66 Cr
  • Revenue Growth 2.60%
  • Profit Growth 67.04%
  • Ebitda 3.03%
  • Net Worth 11.40%
  • Total Assets -11.19%

About Paragon Knits

Paragon Knits Limited (PKL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 August 2008 and has a history of 16 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Manufacturing 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 Cr and a paid-up capital of Rs 4.85 M.

The company currently has active open charges totaling ₹24.90 Cr. The company has closed loans amounting to ₹45.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

Roshan Baid, Randhir Baid, and Tarun Baid serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paragonknits.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101DL2008PLC181756

  • Company No.

    181756

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Roshan Baid Country flag representing In Director 06-Aug-2008Current
Randhir Baid Country flag representing In Director 20-Mar-2012Current
Tarun Baid Country flag representing In Director 06-Aug-2008Current

Financial Performance of Paragon Knits.

Paragon Knits Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.6% increase. The company also saw a substantial improvement in profitability, with a 67.04% increase in profit. The company's net worth Soared by an impressive increase of 11.4%.

Paragon Knits revenue growth over time
Paragon Knits 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
2.60%
Revenue from Operations
2.61%
Total Assets
-11.19%
Profit or Loss
67.04%
Net Worth
11.40%
EBITDA
3.03%

What is the Ownership and Shareholding Structure of Paragon Knits?

In 2023, Paragon Knits had a promoter holding of 73.20% and a public holding of 26.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.90 Cr

Satisfied Charges

₹45.66 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 24.90 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2021Hdfc Bank Limited₹24.90 CrOpen
26 Mar 2021Others₹8.00 CrSatisfied
24 Jun 2020Others₹1.40 CrSatisfied
06 Aug 2013Others₹36.26 CrSatisfied

How Many Employees Work at Paragon Knits?

Paragon Knits has a workforce of 137 employees as of Mar 31, 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 Knits Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.90 Cr registered on 12 Nov 2021 with Charge ID 100509996 was modified on 11 Jun 2024.

  • Balance Sheet

    Paragon Knits Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100432109 with Others was fully satisfied on 04 Jan 2022.

  • Charges

    A charge registered on 24 Jun 2020 via Charge ID 100349570 with Others was fully satisfied on 04 Jan 2022.

  • Charges

    A charge registered on 06 Aug 2013 via Charge ID 10446399 with Others was fully satisfied on 04 Jan 2022.

Frequently asked questions

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

    Paragon Knits Limited was incorporated on 06 Aug 2008.

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

    The authorized share capital of Paragon Knits Limited is ₹ 2.00 Cr and paid-up capital is ₹ 4.85 M.

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

    Currently 3 directors are associated with Paragon Knits Limited.

    • Roshan Baid
    • Randhir Kumar Baid
    • Tarun Baid

  • What is the registered address of Paragon Knits Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Knits Limited is A-106 Lajpat Nagar-I India, New Delhi, 110024.

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

    The corporate identification number (CIN) of Paragon Knits Limited is U18101DL2008PLC181756 and the company number is 181756 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paragon Knits Limited?

    The Official website of Paragon Knits Limited is https://www.paragonknits.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Paragon Knits Limited has risen by 2.60%.

  • How many employees does Paragon Knits Limited currently have?

    As Per 2023 financial reports, 137 employees are currently employed by Paragon Knits Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Paragon Knits Limited has experienced an upsurge of 11.40%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Paragon Knits Limited amount to ₹ 24.90 Cr.

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

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

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