Paragon Steels Private Limited

Designs, engineers, and manufactures a wide range of castings from various types of steels and cast iron.

1983 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Paragon Steels Profile

Key Indicators

  • Authorised Capital ₹ 17.60 Cr
  • Paid Up Capital ₹ 15.00 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 355.03 Cr
  • Satisfied Charges ₹ 523.73 Cr
  • Revenue Growth -31.29%
  • Profit Growth 78.03%
  • Ebitda 85.53%
  • Net Worth -23.82%
  • Total Assets 8.27%

About Paragon Steels

Paragon Steels Private Limited (PSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 May 1983 and has a history of 41 years and ten months. Its registered office is in Coimbatore, Tamil Nadu, India.

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 2016. It's a company limited by shares with an authorized capital of Rs 17.60 Cr and a paid-up capital of Rs 15.00 Cr.

The company currently has active open charges totaling ₹355.03 Cr. The company has closed loans amounting to ₹523.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Paragon Steels Private Limited India is Nandu Mohan as COMPANY SECRETARY. Tharayil Mustafa and Abdul Khadar serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109TZ1983PTC001276

  • Company No.

    001276

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 May 1983

  • Date of AGM

    29 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Metals and Minerals

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

Executive Team (1)

NameDesignationAppointment DateStatus
Nandu Mohan Company Secretary16-Feb-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Tharayil Mustafa Country flag representing In Additional Director 22-Feb-2020Current
Abdul Khadar Country flag representing In Additional Director 22-Feb-2020Current

Financial Performance of Paragon Steels.

Paragon Steels Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 31.29% decrease. The company also saw a substantial improvement in profitability, with a 78.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.82%.

Paragon Steels revenue growth over time
Paragon Steels 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
-31.29%
Revenue from Operations
-16.34%
Total Assets
8.27%
Profit or Loss
78.03%
Net Worth
-23.82%
EBITDA
85.53%

What is the Ownership and Shareholding Structure of Paragon Steels?

In 2016, Paragon Steels had a promoter holding of 52.82% and a public holding of 47.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹355.03 Cr

Satisfied Charges

₹523.73 Cr

Charges Breakdown by Lending Institutions

  • Asset Reconstruction Company (India) Limited : 343.03 Cr
  • City Union Bank Limited : 12.00 Cr

Latest Charge Details

DateLenderAmountStatus
08 Oct 2013Asset Reconstruction Company (India) Limited₹20.00 CrOpen
15 May 2012City Union Bank Limited₹3.00 CrOpen
04 May 2012City Union Bank Limited₹3.00 CrOpen
18 Feb 2011Asset Reconstruction Company (India) Limited₹5.00 CrOpen
17 Feb 2011Asset Reconstruction Company (India) Limited₹5.00 CrOpen

How Many Employees Work at Paragon Steels?

Unlock and access historical data on people associated with Paragon Steels, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Paragon Steels Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Nandu Chandra Mohan was appointed as a Company Secretary was appointed as a Company Secretary on 16 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Tharayil Mohammed Mustafa was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2020 & has been associated with this company since 5 years 1 month .

  • Director Appointment

    Abdul Khadar was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2020 & has been associated with this company since 5 years 1 month .

  • Annual General Meeting

    Paragon Steels Private Limited last Annual general meeting of members was held on 29 Sep 2016 as per latest MCA records.

  • Balance Sheet

    Paragon Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Coimbatore.

  • Charges

    A charge with Asset Reconstruction Company (India) Limited of Rs. 20.00 Cr registered on 08 Oct 2013 with Charge ID 10458953 was modified on 31 Mar 2015.

Frequently asked questions

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

    Paragon Steels Private Limited was incorporated on 02 May 1983.

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

    The authorized share capital of Paragon Steels Private Limited is ₹ 17.60 Cr and paid-up capital is ₹ 15.00 Cr.

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

    Currently 3 directors are associated with Paragon Steels Private Limited.

    • Tharayil Mohammed Mustafa
    • Abdul Khadar
    • Nandu Chandra Mohan

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Paragon Steels Private Limited is Iii Rd Floor ' Excellence Building 104, Race Course India, Coimbatore, Tamil Nadu, 641018.

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

    The corporate identification number (CIN) of Paragon Steels Private Limited is U27109TZ1983PTC001276 and the company number is 001276 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2016, the revenue trend for Paragon Steels Private Limited has fallen by -31.29%.

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

    The financial reports for the fiscal year 2016 indicates that The net worth of Paragon Steels Private Limited has experienced an downturn of -23.82%.

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

    As per the financial statements for fiscal Year 2016, The total open charges for Paragon Steels Private Limited amount to ₹ 355.03 Cr.

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

    The most recent Balance Sheet for Paragon Steels Private Limited was filed with the ROC on 31 Mar 2016.

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