- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-05-0008295

About Paradigm Leather Accessories Private Limited
Data last updated:
Paradigm Leather Accessories Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 28 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U19201DL2004PTC127218. Its GSTIN is 07AAECP1086C1ZP (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹55.3 Lakh. It is led by directors including Sunita Moti and Akio Moti.
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 is at C – 5/51 Grand Vasant Kunj, New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.13 Cr, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹48.77 Lakh (net margin -22.9%) and EBITDA of ₹22.54 Lakh (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 31% over five years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.38 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending.
Paradigm Leather Accessories Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0008295). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paradigmwaistwear.in.
Company details
Recognitions & Rankings of Paradigm Leather Accessories
Contact details
Paradigm Leather Accessories Private Limited's registered office is in New Delhi, Delhi. Its website is paradigmwaistwear.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 5/51 Grand Vasant Kunj, New Delhi, Delhi, India – 110070
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Paradigm Leather Accessories 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
Financials of Paradigm Leather Accessories Private Limited
FY 2024 filings availableParadigm Leather Accessories Private Limited reported revenue of ₹2.13 Cr (down 34% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 34% fall in the latest year. EBITDA fell 70% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.13 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48.77 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | -22.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Paradigm Leather Accessories Private Limited, buy the company report.
Board of directors of Paradigm Leather Accessories Private Limited
Paradigm Leather Accessories has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunita Moti | Director | 11 Jan 2005 | 21 Years 9 Months | Current |
| Akio Moti | Director | 01 Mar 2014 | 12 Years 7 Months | Current |
| Anil Kumar Moti | Director | 15 May 2023 | 3 Years 5 Months | Current |
Auditor
Paradigm Leather Accessories Private Limited is audited by AVINASH ALOK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASH ALOK & ASSOCIATES | FY 2023 | 024576N |
Shareholding
The shareholding of Paradigm Leather Accessories 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 Paradigm Leather Accessories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2023 | 100821711 | Hdfc Bank Limited | ₹13.41 Lakh | Open | |
| 21 Oct 2010 | 10249643 | Others | ₹5.2 Cr | Open | |
| 20 Oct 2010 | 10249644 | Federal Bank Ltd | ₹50 Lakh | Open | |
| 03 Nov 2004 | 80000402 | Others | ₹2.1 Cr | Open | |
| 03 Nov 2004 | 80000403 | The Federal Bank Limited | ₹1.45 Cr | Open |
To see the full charge records of Paradigm Leather Accessories Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Paradigm Leather Accessories Private Limited has 6 court cases on record: 5 filed by Paradigm Leather Accessories, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Execution petition | Filed by the company against individuals | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against an individual | Disposed |
To see the full case history of Paradigm Leather Accessories Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Paradigm Leather Accessories Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Paradigm Leather Accessories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Paradigm Leather Accessories Private Limited has a workforce of 39 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Paradigm Leather Accessories has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECP1086C1ZP | Delhi | Active | 01 Jul 2017 |
| 06AAECP1086C1ZR | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paradigm Leather Accessories Private Limited, buy the company report.
Recent activity
Paradigm Leather Accessories Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Anil Kumar Moti was appointed as Director on 15 May 2023.
2 earlier events are in the company report.
Frequently asked questions
Paradigm Leather Accessories is an active private limited company based in New Delhi, Delhi, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 28 June 2004 (22+ years old) and is registered under CIN U19201DL2004PTC127218.
Paradigm Leather Accessories has 3 current directors:
- Sunita Moti - Director
- Akio Moti - Director
- Anil Kumar Moti - Director
The latest financial statements of Paradigm Leather Accessories 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.
The GSTIN of Paradigm Leather Accessories is 07AAECP1086C1ZP, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAECP1086C1ZR (Haryana).
The CIN (Corporate Identification Number) of Paradigm Leather Accessories is U19201DL2004PTC127218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paradigm Leather Accessories has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Paradigm Leather Accessories was incorporated on 28 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Anil Kumar Moti was appointed as Director on 15 May 2023. Akio Moti was appointed as Director on 01 Mar 2014. Sunita Moti was appointed as Director on 11 Jan 2005.
Yes, Paradigm Leather Accessories is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0008295).
Paradigm Leather Accessories has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
Paradigm Leather Accessories can be reached through the website paradigmwaistwear.in. Its registered office is in New Delhi, Delhi, India.