Paragon Granites Private Limited
About Paragon Granites Private Limited
Data last updated:
Paragon Granites Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 December 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U14102KA2003PTC032993. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹86 Lakh. It was led by directors Jyoti Goel and Suresh Kumar Goel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.86 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Lakh (net margin 57.9%) and EBITDA of ₹4.54 Lakh (EBITDA margin 77.4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 65% over five years.
Company details
Contact details
Paragon Granites Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address332 2nd F Cross, 3rd Main 3rd Stage, Bangalore, Karnataka, India – 560079
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Paragon Granites Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of Paragon Granites are trade and manufacturing. In detail, this covers wholesale trading and plastic products, non-metallic mineral products, rubber products, fabricated metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
Financials of Paragon Granites Private Limited
FY 2024 filings availableParagon Granites Private Limited reported revenue of ₹5.86 Lakh (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 94% fall in the latest year. EBITDA rose 140% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.54 Lakh | ||||
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| Net Profit (PAT) | ₹3.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 77.4% | ||||
| Net Profit Margin | 57.9% | ||||
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To see the full financial statements and ratios of Paragon Granites Private Limited, buy the company report.
Board of directors of Paragon Granites Private Limited
Paragon Granites has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Goel Also directs: Paragon Granites LLP | Director | 29 Mar 2004 | 22 Years 6 Months | As last reported |
| Suresh Kumar Goel Also directs: Paragon Granites LLP, Acquiesce Solutions Private Limited | Director | 10 May 2004 | 22 Years 5 Months | As last reported |
Auditor
Paragon Granites Private Limited is audited by Goel Ankur and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Goel Ankur and Co | FY 2023 | 020718S |
Shareholding
The shareholding of Paragon Granites Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Paragon Granites Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paragon Granites Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paragon Granites Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paragon Granites has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paragon Granites Private Limited, buy the company report.
Recent activity
Paragon Granites Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Anil Kumar Agrawal ceased to be Director on 30 Jul 2018.
Frequently asked questions
Paragon Granites has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Paragon Granites was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 11 December 2003 and is registered under CIN U14102KA2003PTC032993. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Paragon Granites is U14102KA2003PTC032993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paragon Granites had 2 directors:
- Jyoti Goel - Director
- Suresh Kumar Goel - Director
Paragon Granites was incorporated on 11 December 2003. It is registered with the Registrar of Companies, Bangalore.
The registered office of Paragon Granites is at 332 2nd F Cross, 3rd Main 3rd Stage, Bangalore, Karnataka, India – 560079.
The latest financial statements of Paragon Granites on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Paragon Granites has 1 GST registration on record and it is cancelled or inactive.
Paragon Granites operated in the manufacturing industry, in the textile and fabric production segment.
Anil Kumar Agrawal ceased to be Director on 30 Jul 2018. Deepak Chaudhary ceased to be Director on 30 Jul 2018. Manoj Sharma ceased to be Director on 20 Mar 2008. Paragon Granites has 5 board changes on record in total.