- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-28-0003930

About Paragon Apparel Private Limited
Data last updated:
Paragon Apparel Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC064907. Its GSTIN is 09AAACP7207M1Z5 (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹72.84 Lakh. It is led by directors including Roshan Baid and Tarun Baid.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 106 Lajpat Nagar – I, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.41 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹43.63 Lakh (net margin 0.3%) and EBITDA of ₹11.28 Cr (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years.
The company has about 714 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Paragon Apparels. As per MCA filings, the company has open charges of ₹148.63 Cr and satisfied charges of ₹95.05 Cr on record. Court records list 27 cases involving the company, including 1 filed by the company and 26 filed against it; 16 cases are pending. The company has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹13.4 Lakh; the latest was in November 2017. Its 6 peer companies in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 2 smaller; the largest is Shanta Cotton Industries Private Limited with revenue of ₹160.33 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2023, listing 92 overdue payments to 19 micro and small suppliers.
Paragon Apparel Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0003930). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paragonapparels.co.in.
Company details
Recognitions & Rankings of Paragon Apparel
Contact details
Paragon Apparel Private Limited's registered office is in New Delhi, Delhi. Its website is paragonapparels.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 106 Lajpat Nagar – I, New Delhi, Delhi, India – 110024
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Paragon Apparel 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
Brands
Paragon Apparel operates one associated brand: Paragon Apparels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures polyester sportswear, fabrics, and apparel for clients. | paragonapparels.co.in |
Business activity
The main business activity of Paragon Apparel is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Paragon Apparel Private Limited, buy the company report.
Financials of Paragon Apparel Private Limited
FY 2025 filings availableParagon Apparel Private Limited reported revenue of ₹159.41 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹11.28 Cr | ||||
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| Net Profit (PAT) | ₹43.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Paragon Apparel Private Limited, buy the company report.
Board of directors of Paragon Apparel Private Limited
Paragon Apparel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshan Baid | Director | 01 Feb 1995 | 31 Years 8 Months | Current |
| Tarun Baid | Director | 04 May 2004 | 22 Years 5 Months | Current |
| Sidharth Baid Also directs: Alcis Apparels Private Limited, Alcis Sports Private Limited | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Paragon Apparel Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanta Cotton Industries Private Limited | ₹160.33 Cr (FY 2025) | -33.0% | Kadi, Gujarat, India | |||
| WTL Garments Limited | ₹160.18 Cr (FY 2025) | 33.0% | Ludhiana, Punjab, India | |||
| Mori Spinning Private Limited | ₹159.93 Cr (FY 2025) | 30.0% | Rajula, Gujarat, India | |||
| Birmi International Private Limited | ₹159.49 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Paragon Apparel Private Limitedthis company | ₹159.41 Cr (FY 2025) | ₹43.63 Lakh | 0.3% | 15.0% | 714 | New Delhi, Delhi, India |
| G. C. Threads Private Limited | ₹159.19 Cr (FY 2025) | -11.0% | Samana, Punjab, India | |||
| Shiva Mills Limited | ₹158.82 Cr (FY 2024) | -1.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Paragon Apparel Private Limited, buy the company report.
Auditor
Paragon Apparel Private Limited is audited by Doogar & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Doogar & Associates | FY 2023 | 000561N |
Shareholding
The shareholding of Paragon Apparel 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 Apparel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100807481 | Hdfc Bank Limited | ₹9.3 Lakh | Open | |
| 18 Aug 2022 | 100629649 | Hdfc Bank Limited | ₹21.34 Lakh | Open | |
| 25 Jul 2022 | 100615893 | Others | ₹30 Cr | Open | |
| 22 Jun 2022 | 100599781 | Hdfc Bank Limited | ₹46.78 Cr | Open | |
| 10 Feb 2022 | 100534947 | Sidbi | ₹3 Cr | Open |
To see the full charge records of Paragon Apparel Private Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
Paragon Apparel Private Limited has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹13.4 Lakh; the latest was in November 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Roshan Baid Huf, Tarun Baid Huf, 2 individuals Seller: 2 individuals |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Lamboo Organisation Pvt Ltd , an individual |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bhansali Fincom Pvt Ltd , Tamkore Investment |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Labrinth Commotrade Pvt Ltd , Kamal Kumar Golcha & Sons, 2 individuals |
To see the full deal history of Paragon Apparel Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Paragon Apparel Private Limited has 27 court cases on record: 1 filed by Paragon Apparel, 26 filed against it. 16 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 26 | 26 | 16 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Krish Fabtex Private Limited | Pending |
| District court, Faridabad, Haryana | Civil suit | Filed against the company by Ms Madura Coats Pvt Ltd | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Uj Zippers Pvt. Ltd. | Pending |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed against the company by Ms Nano Tech Chemical Brothers Pvt Ltd | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed against the company by Unique Logistics International India Pvt Ltd Through Its Ar | Pending |
To see the full case history of Paragon Apparel 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.
Credit ratings & regulatory alerts
Paragon Apparel Private Limited was last rated by Crisil on 19 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Oct 2020 |
To see the full credit ratings and regulatory alerts of Paragon Apparel Private Limited, buy the company report.
MSME payment delays
Paragon Apparel Private Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 92 overdue payments to 19 micro and small suppliers. 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 (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ruchee Interlining Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Krishna Lamicoat Private Limited |
To see the full MSME payment records of Paragon Apparel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Paragon Apparel has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Alcis Apparels Private Limited | U17299DL2021PTC390014 |
To see the full group structure of Paragon Apparel Private Limited, buy the company report.
Employees & EPFO
Paragon Apparel Private Limited has a workforce of 714 employees on its EPFO records as of Mar 26, 2024, across 1 active EPFO establishment.
GST
Paragon Apparel has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP7207M1Z5 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paragon Apparel Private Limited, buy the company report.
Recent activity
Paragon Apparel Private Limited has 5 board changes on record since 1995: 4 appointments and 1 cessation. The latest: Rajkapoor Baid ceased to be Director on 20 Dec 2019.
87 earlier events are in the company report.
Frequently asked questions
Paragon Apparel is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 February 1995 (31+ years old) and is registered under CIN U74899DL1995PTC064907.
Paragon Apparel has 3 current directors:
- Roshan Baid - Director
- Tarun Baid - Director
- Sidharth Baid - Director
The latest financial statements of Paragon Apparel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Paragon Apparel is 09AAACP7207M1Z5, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Paragon Apparel is U74899DL1995PTC064907. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paragon Apparel has 27 court cases on record: 1 filed by the company and 26 filed against it. 16 are pending. Most are in the district courts.
Paragon Apparel was incorporated on 01 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Paragon Apparel has 10 deals on record (9 secondary share transfers, 1 funding round), with disclosed funding of ₹13.4 Lakh; the latest was in November 2017.
The peers of Paragon Apparel by revenue are Shanta Cotton Industries Private Limited, WTL Garments Limited, Mori Spinning Private Limited, Birmi International Private Limited, G. C. Threads Private Limited and 1 more, all in the Manufacturing industry (Apparel, Textiles), with the same principal business activity (textile, leather and other apparel products).
Rajkapoor Baid ceased to be Director on 20 Dec 2019. Sidharth Baid was appointed as Director on 20 Dec 2019. Tarun Baid was appointed as Director on 04 May 2004. Paragon Apparel has 5 board changes on record in total.
Yes, Paragon Apparel is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0003930).
Paragon Apparel has 6 MSME Form 1 returns on record between 2019 and 2023, listing 92 overdue payments to 19 micro and small suppliers. The latest return was filed on 26 Dec 2023.

