Paragon Irrigation Private Limited - Company Profile

It is a agriculture private limited company based in Vadodara, Gujarat, India, established in 1994.
1994 Vadodara, Gujarat, India Active
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About Paragon Irrigation Private Limited

Paragon Irrigation Private Limited, a active private limited company, was established on 23 December 1994 in Vadodara, Gujarat, India. Engaging in agri machinery & equipment within the manufacturing sector, it holds CIN: U29255GJ1994PTC023952. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹1.13 Cr.

Formerly known as Paragon Irrigation Private Limited, Paragon Synthetics And Polymers Limited. It upholds a compliant status. Employing 185 professional, Its leadership includes Hitendra Purushottam Dudhatra (Managing Director), Jigisha Narendrabhai Dudhatra (Director), Neetaben Hitendrabhai Dudhatra (Director). Past directors included Nilay Amrutlal Patel, Hitendra Purushottam Dudhatra, Jayaben Parashottam Dudhatara. It holds ₹58.15 Cr open charges and ₹62.12 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 102/2, G.I.D.C. Makarpura,, Vadodara, Gujarat, 390010.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29255GJ1994PTC023952

  • Registration Number

    023952

  • Incorporation Date

    23 December 1994

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹1.13 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 31 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.15 Cr
  • Satisfied Charges ₹ 62.12 Cr
  • Revenue Growth **** 17.05%
  • Profit Growth **** 80.74%
  • Ebitda **** 59.42%
  • Net Worth 11.18%
  • Total Assets -0.51%
Company report

Paragon Irrigation Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Paragon Irrigation Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Paragon Irrigation Private Limited?
Current Directors
Name Designation Appointment Date Status
Hitendra Purushottam Dudhatra Managing Director 23 Dec 1994 Current
Jigisha Narendrabhai Dudhatra Director 03 Aug 2007 Current
Neetaben Hitendrabhai Dudhatra Director 03 Aug 2007 Current
Narendra Purushottambhai Dudhatra Whole-Time Director 01 Jan 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Oct 2018 Past
Pramod Abcsdd Director 01 Jan 2008 Past
Pramod Abcsdd Director 24 Aug 2009 Past
Pramod Abcsdd Whole-Time Director 27 Mar 2021 Past
Pramod Abcsdd Director 01 Jan 2008 Past
Pramod Abcsdd Director 27 Mar 2021 Past

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Financial Performance of Paragon Irrigation.

Paragon Irrigation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.05% increase. The company also saw a substantial improvement in profitability, with a 80.74% increase in profit. The company's net worth Soared by an impressive increase of 11.18%.

Paragon Irrigation revenue growth over time
Paragon Irrigation profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 17.05%
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Revenue from Operations
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 16.44%
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Total Assets
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 -0.51%
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Profit or Loss
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 80.74%
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Net Worth
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 11.18%
*******
*******
*******
*******
EBITDA
*******
 59.42%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Paragon Irrigation?

In 2023, Paragon Irrigation had a promoter holding of 78.07% and a public holding of 21.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹581,500,000.00

Satisfied Charges

₹621,192,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 58.00 Cr
  • Bank Of Baroda : 0.15 Cr
Latest Charge Details
Date Lender Amount Status
15 Mar 2019 Hdfc Bank Limited ₹5.00 Cr Open
30 Apr 2016 Hdfc Bank Limited ₹3.00 Cr Open
27 Aug 2015 Hdfc Bank Limited ₹50.00 Cr Open
26 Jul 1995 Bank Of Baroda ₹0.75 M Open
25 Jul 1995 Bank Of Baroda ₹0.75 M Open

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How Many Employees Work at Paragon Irrigation?

Paragon Irrigation has a workforce of 185 employees as of Apr 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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

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Latest Updates, News, and FAQs on Paragon Irrigation
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Paragon Irrigation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 27 Aug 2015 with Charge ID 10590240 was modified on 23 Sep 2024. was recorded as a recent event.

  • Balance Sheet

    The activity Paragon Irrigation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was completed.

  • Charges

    The activity A charge registered on 26 Feb 2020 via Charge ID 100331477 with Hdfc Bank Limited was fully satisfied on 18 Jul 2020. was completed.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100331477 was registered on 26 Feb 2020. was recorded as a recent event.

  • Charges

    A charge registered on 20 Jan 2017 via Charge ID 100095344 with Hdfc Bank Limited was fully satisfied on 15 Feb 2020. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Paragon Irrigation Private Limited?

The CIN of Paragon Irrigation Private Limited is U29255GJ1994PTC023952.

Where is Paragon Irrigation Private Limited headquartered?

Paragon Irrigation Private Limited is headquartered at 102/2, G.I.D.C. Makarpura,, Vadodara, Gujarat, 390010.

When was Paragon Irrigation Private Limited incorporated?

Paragon Irrigation Private Limited was incorporated on 23 December 1994.

Who are the current directors of Paragon Irrigation Private Limited?

The current directors of Paragon Irrigation Private Limited are

What is the primary industry of Paragon Irrigation Private Limited?

The primary industry of Paragon Irrigation Private Limited is Manufacturing.

Is Paragon Irrigation Private Limited a listed company?

Paragon Irrigation Private Limited is unlisted.

What is the capital structure of Paragon Irrigation Private Limited?

The authorized capital of Paragon Irrigation Private Limited is ₹1.25 Cr, and the paid-up capital is ₹1.13 Cr.

What is the compliance status of Paragon Irrigation Private Limited?

The compliance status of Paragon Irrigation Private Limited is Compliant.

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