About Paragon Business Solutions Limited
Data last updated: 22 December 2025
Paragon Business Solutions Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in IT products retail and distribution, a part of the broader technology and IT services sector. Incorporated on 06 July 1994, the company has been in operation for over 32 years.
Registered with ROC Gwalior under CIN U30007MP1994PLC008457.
Capital: an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10.36 Lakh. Formerly known as Paragon Business Solution Limited. It is led by directors including Rahul Salgia and Vivek Kamani.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 21 B.C. Meerapath, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹82.71 Cr, a decline of 11% compared to the previous year.
The company has a workforce of approximately 117 employees as per the latest available data.
The company is associated with 1 brand - Digivalet. As per MCA filings, the company has open charges of ₹11.3 Cr and satisfied charges of ₹1.73 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website digivalet.com.
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Registered Address21 B.C. Meerapath, Indore, Madhya Pradesh, India – 452001
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IndustryInformation Technology, IT Products Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Paragon Business Solutions Limited
Paragon Business Solutions Limited operates one associated brand: DigiValet. These brands represent Paragon Business Solutions Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| iPad-based guest room solutions for luxury hotels are provided. | digivalet.com |
Competitors & Alternatives of Paragon Business Solutions Limited
Brands and companies operating in the same space as Paragon Business Solutions Limited include Moviebeam, Yuvod, Select-TV and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Moviebeam
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Video-on-demand solutions are delivered for the hospitality sector. | Englewood Cliffs, United States, United States | 2002 |
Yuvod
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SaaS-enabled guest entertainment solutions are provided for hotels. | Miami, United States, United States | 2014 |
Select-TV
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IPTV solutions are delivered end-to-end for hospitality and telecom sectors. | Petaling Jaya, Malaysia, Malaysia | 2006 |
Allin Interactive
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Guest management software is provided for the hospitality industry. | Fort Lauderdale, United States, United States | 1994 |
Groove Entertainment Technologies
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Provides technology integration and management for properties, hotels, and institutions worldwide. | Salt Lake City, United States, United States | 2007 |
PureHD
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Provides high-definition TV and interactive streaming services for hotels and properties. | Greater Sudbury, Canada, Canada | 2009 |
Business Activity of Paragon Business Solutions Limited
Paragon Business Solutions Limited is engaged in principal business activities including trade and information and communication, with detailed activities including retail trading, publishing of computer operating systems, system software, application software, games, etc., other information & communication service activities. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details for Paragon Business Solutions Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Paragon Business Solutions Limited
Paragon Business Solutions Limited is audited by R.B. BANDI & ASSOCIATES for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.B. BANDI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Paragon Business Solutions Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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- Auditor changes
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Board of Directors of Paragon Business Solutions Limited
Paragon Business Solutions Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Salgia | Whole-Time Director | 06 Jul 1994 | 32 Years 0 Months | Current |
| Vivek Kamani | Whole-Time Director | 08 Dec 2001 | 24 Years 7 Months | Current |
| Rachana Salgia | Whole-Time Director | 18 Mar 2015 | 11 Years 4 Months | Current |
Financials of Paragon Business Solutions Limited FY 2025 filings available
Paragon Business Solutions Limited reported revenue of ₹82.71 Cr (down 11.00% YoY) for FY 2025.
Ten-year financial statements for Paragon Business Solutions Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Paragon Business Solutions Limited
Shareholding and ownership data for Paragon Business Solutions Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Paragon Business Solutions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jan 2025 | Standard Chartered Bank | ₹95.8 Lakh | Open |
| 30 Apr 2024 | Others | ₹10.34 Cr | Open |
| 02 Apr 2022 | Others | ₹95 Lakh | Satisfied |
| 19 Jun 2012 | Standard Chartered Bank Limited | ₹78 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Paragon Business Solutions Limited
Paragon Business Solutions Limited has a workforce of 117 employees as of Mar 28, 2024.
Employee and EPFO history for Paragon Business Solutions Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Paragon Business Solutions Limited
GST registrations and filing compliance for Paragon Business Solutions Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
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Credit Ratings, Litigation & Regulatory Alerts for Paragon Business Solutions Limited
Credit ratings, litigation, and regulatory alerts for Paragon Business Solutions Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Paragon Business Solutions Limited
MSME payment history for Paragon Business Solutions Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Paragon Business Solutions Limited
Corporate group structure for Paragon Business Solutions Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Paragon Business Solutions Limited
MCA filings and documents for Paragon Business Solutions Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Paragon Business Solutions Limited
Recent News on Paragon Business Solutions Limited
Frequently Asked Questions about Paragon Business Solutions Limited
Paragon Business Solutions Limited is an active public limited company in the information technology sector based in Indore, Madhya Pradesh, India. It was incorporated on 06 July 1994 (32+ years old) and is registered under CIN U30007MP1994PLC008457. The company has 117 employees.
Paragon Business Solutions Limited reported revenue of ₹82.71 Cr for FY 2025 (down 11.00% YoY).
The current directors of Paragon Business Solutions Limited are:
- Rahul Salgia - Whole-Time Director
- Vivek Kamani - Whole-Time Director
- Rachana Salgia - Whole-Time Director
The primary industry of Paragon Business Solutions Limited is information technology. The company specifically operates in IT products retail and distribution. The company is currently active in this sector.
Paragon Business Solutions Limited can be reached at the registered office: 21 B.C. Meerapath, Indore, Madhya Pradesh, India – 452001, or through the website digivalet.com.
The authorised capital is ₹20 Lakh, and the paid-up capital is ₹10.36 Lakh.