Paragon Safety Locks Private Limited

Manufactures and supplies high security seals, container locks, and industrial seals to companies in India and abroad.

2009 | Thane, Maharashtra (India) | Active
Last Updated: January 02, 2025

Paragon Safety Locks Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 4.64 M
  • Revenue Growth -71.30%
  • Profit Growth -578.56%
  • Ebitda -104.74%
  • Net Worth -55.30%
  • Total Assets -41.27%

About Paragon Safety Locks

Paragon Safety Locks Private Limited (PSLPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 January 2009 and has a history of 16 years and one month. Its registered office is in Thane, Maharashtra.

The Company is engaged in the Packaging Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.64 M.

Balakrishnan Narayanan, Chelakkara Narayanan, and Gopalakrishnan Ramaswamy serve as directors at the Company.

Company Details

  • Location Thane, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paragonsafety.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52330MH2009PTC189492

  • Company No.

    189492

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jan 2009

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Paragon Safety Locks Private Limited offer?

Paragon Safety Locks Private Limited offers a wide range of products and services, including Seals, Oil Seals & Industrial Seals, Seals.

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

Financial Performance of Paragon Safety Locks.

Paragon Safety Locks Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 71.3% decrease. The company also saw a substantial fall in profitability, with a 578.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 55.3%.

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
-71.30%
Revenue from Operations
-71.38%
Total Assets
-41.27%
Profit or Loss
-578.56%
Net Worth
-55.30%
EBITDA
-104.74%

What is the Ownership and Shareholding Structure of Paragon Safety Locks?

In 2018, Paragon Safety Locks 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

₹4.64 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.36 Cr
  • Electronica Finance Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2014Electronica Finance Limited₹0.42 MOpen
31 Mar 2012Electronica Finance Limited₹0.60 MOpen
29 Oct 2010Canara Bank₹3.63 MOpen

How Many Employees Work at Paragon Safety Locks?

Unlock and access historical data on people associated with Paragon Safety Locks, 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 Safety Locks, 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 Safety Locks'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 Safety Locks

Recent activity within the organization

  • Annual General Meeting

    Paragon Safety Locks Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

    31 Dec 2020

  • Balance Sheet

    Paragon Safety Locks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai.

    31 Mar 2020

  • Charges

    A charge with Electronica Finance Limited amounted to Rs. 0.42 M with Charge ID 10521270 was registered on 13 Sep 2014.

    13 Sep 2014

  • Charges

    A charge with Electronica Finance Limited amounted to Rs. 0.60 M with Charge ID 10345309 was registered on 31 Mar 2012.

    31 Mar 2012

  • Charges

    A charge with Canara Bank amounted to Rs. 3.63 M with Charge ID 10258412 was registered on 29 Oct 2010.

    29 Oct 2010

  • Director Appointment

    Balakrishnan Chelakara Narayanan was appointed as a Director was appointed as a Director on 19 Aug 2009 & has been associated with this company since 15 years 6 months .

    19 Aug 2009

Frequently asked questions

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

    Paragon Safety Locks Private Limited was incorporated on 12 Jan 2009.

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

    The authorized share capital of Paragon Safety Locks Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

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

    Currently 3 directors are associated with Paragon Safety Locks Private Limited.

    • Balakrishnan Chelakara Narayanan
    • Chelakkara Narayanan
    • Gopalakrishnan Chelakara Ramaswamy
  • What is the registered address of Paragon Safety Locks Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Safety Locks Private Limited is Unit No: 4 10 Saraswasti Industrail Estate Navghar Village Vasai ( E), India, Thane, Maharashtra, 401210.

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

    The corporate identification number (CIN) of Paragon Safety Locks Private Limited is U52330MH2009PTC189492 and the company number is 189492 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Paragon Safety Locks Private Limited?

    The Official website of Paragon Safety Locks Private Limited is https://www.paragonsafety.in

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Paragon Safety Locks Private Limited has fallen by -71.30%.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Paragon Safety Locks Private Limited has experienced an downturn of -55.30%.

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

    As per the financial statements for fiscal Year 2020, The total open charges for Paragon Safety Locks Private Limited amount to ₹ 4.64 M.

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

    The most recent Balance Sheet for Paragon Safety Locks Private Limited was filed with the ROC on 31 Mar 2020.

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