Paragon Knits Limited

Paragon Knits Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U18101DL2008PLC181756 Incorporated 06 August 2008 ROC Delhi HQ New Delhi, Delhi, India
Active Public Limited Company manufacturing MSME · Medium
Data last updated
Revenue · FY 2025
₹67.25 Cr
▲ 11% YoY
Net profit · FY 2025
₹25.84 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹6.54 Cr
EBITDA margin 9.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹48.5 Lakh
Issued & subscribed
Open charges
₹24.9 Cr
Satisfied ₹45.66 Cr
Company age
18 yrs
Est. 2008
Employees · EPFO
137
Provident fund records

About Paragon Knits Limited

Data last updated:

Paragon Knits Limited is a public 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 06 August 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2008PLC181756. Its GSTIN is 02AAECP7893B2ZH (Himachal Pradesh). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹48.5 Lakh. It is led by directors including Tarun Baid and Roshan 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 ₹67.25 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹25.84 Lakh (net margin 0.4%) and EBITDA of ₹6.54 Cr (EBITDA margin 9.7%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.

The company has about 137 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Paragon Knits Limited. As per MCA filings, the company has open charges of ₹24.9 Cr and satisfied charges of ₹45.66 Cr on record. Court records list 14 cases involving the company, including 1 filed by the company and 13 filed against it; 10 cases are pending. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in September 2015. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Gosrani Impex Private Limited with revenue of ₹67.5 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers.

Paragon Knits Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0005628). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paragonknits.com.

Company details

CIN U18101DL2008PLC181756
Registration Number 181756
Incorporation Date 06 August 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-28-0005628
Key People
Tarun Baid Director Roshan Baid Director Randhir Kumar Baid Director

Recognitions & Rankings of Paragon Knits

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-UP-28-0005628

Contact details

Paragon Knits Limited's registered office is in New Delhi, Delhi. Its website is paragonknits.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    paragonknits.com
  • Registered Address
    A – 106 Lajpat Nagar – I, New Delhi, Delhi, India – 110024
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Paragon Knits Limited, buy the company report.

Comprehensive company report
Paragon Knits Limited - one report that includes everything
  • 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
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Brands

Paragon Knits operates one associated brand: Paragon Knits Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Paragon Knits Limited
Knitwear production, fabric manufacturing, and related services in the textiles sector.paragonknits.com

Business activity

The main business activity of Paragon Knits is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Paragon Knits Limited, buy the company report.

Financials of Paragon Knits Limited

FY 2025 filings available

Paragon Knits Limited reported revenue of ₹67.25 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹67.25 Cr ▲ 11%
Net profit · FY 2025
₹25.84 Lakh margin 0.4%
EBITDA · FY 2025
₹6.54 Cr margin 9.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 13%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 4%

Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 8% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹25.84 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin9.7%
Net Profit Margin0.4%
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 Paragon Knits Limited, buy the company report.

Board of directors of Paragon Knits Limited

Paragon Knits has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tarun Baid
Also directs: Paragon Apparel Private Limited, Arihant Solvex Private Limited, Ganpati Creations Private Limited
Director06 Aug 200818 Years 2 MonthsCurrent
Roshan Baid
Also directs: Alcis Apparels Private Limited, Alcis Sports Private Limited, Paragon Apparel Private Limited
Director06 Aug 200818 Years 2 MonthsCurrent
Randhir Kumar Baid
Also directs: Ganpati Creations Private Limited, Shree Pawan Kumar & Sons LLP
Director20 Mar 201214 Years 7 MonthsCurrent
View all directors

Peer comparison

Paragon Knits Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gosrani Impex Private Limited₹67.5 Cr (FY 2024)-19.0%Bhiwandi, Maharashtra, India
Sneha Fashions Private Limited₹67.41 Cr (FY 2025)2.0%Surat, Gujarat, India
Kadmawala Industries Private Limited₹67.4 Cr (FY 2025)19.0%Surat, Gujarat, India
Avon Cottex Private Limited₹67.36 Cr (FY 2025)5.0%Ludhiana, Punjab, India
K S Spinning Mills Private Limited₹67.31 Cr (FY 2024)131.0%Panipat, Haryana, India
Paragon Knits Limitedthis company₹67.25 Cr (FY 2025)₹25.84 Lakh0.4%11.0%137New Delhi, Delhi, India
Shivam Cot Fibres Private Limited₹67.24 Cr (FY 2025)-36.0%Sendhwa, Madhya Pradesh, India
Bidhata Industries Private Limited₹67.23 Cr (FY 2024)-12.0%Mumbai, Maharashtra, India
Saikrupa Fibres Private Limited₹67.22 Cr (FY 2025)19.0%Wani, Maharashtra, India
Padmavathi Fibres and Yarns Private Limited₹67.12 Cr (FY 2025)-18.0%Madurai, Tamil Nadu, India
Vallabh Textiles Company Limited₹67.02 Cr (FY 2025)280.0%Ludhiana, Punjab, India

To see the full peer comparison of Paragon Knits Limited, buy the company report.

Auditor

Paragon Knits Limited is audited by Doogar & Associates for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Doogar & AssociatesFY 2024000561N

Shareholding

The shareholding of Paragon Knits Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Paragon Knits Limited, buy the company report.

Charges & borrowings

Open charges
₹24.9 Cr
Satisfied charges
₹45.66 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹24.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Nov 2021100509996Hdfc Bank Limited₹24.9 CrOpen
26 Mar 2021100432109Others₹8 CrSatisfied
24 Jun 2020100349570Others₹1.4 CrSatisfied
06 Aug 201310446399Others₹36.26 CrSatisfied

To see the full charge records of Paragon Knits Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Paragon Knits Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in September 2015.

Total deals
9
Funding rounds
4
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹11.3 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Aug 2014Rights issue₹3.65 CrInvestors: Kamlabhishek Pvt Ltd , Bagh Kothi Investment and Finance Private Limited
Mar 2014Funding round₹9.35 CrInvestors: Va Realcon Private Limited , Star Infovision Private Limited , S.K.P.J. Investment and Finance Pvt. Ltd.
Dec 2013Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Attractive Fin-Lease Private Limited
Dec 2013Secondary share transferUndisclosedBuyer: Raj Kapoor Baid & Sons, 3 individuals
Seller: Twinkle Mercantiles & Credits Private Limited , Apoorva Leasing Finance & Investment Co Limited, Akul Security Private Limited
Jun 2010Funding round₹1.6 CrInvestors: Akul Security Private Limited, Attractive Fin-Lease Private Limited , Apoorva Leasing Finance & Investment Co Limited

To see the full deal history of Paragon Knits Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Paragon Knits Limited was last rated by Crisil on 19 Nov 2019.

Rating agencyRated onRating
Crisil19 Nov 2019

To see the full credit ratings and regulatory alerts of Paragon Knits Limited, buy the company report.

MSME payment delays

Paragon Knits Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
Indiana Acids and Chemicals Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Paragon Knits Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Paragon Knits Limited has a workforce of 137 employees on its EPFO records as of Aug 02, 2025, across 1 active EPFO establishment.

Employee count
137
Active EPFO establishments
1

GST

Paragon Knits has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
02AAECP7893B2ZHHimachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Paragon Knits Limited, buy the company report.

Recent activity

Paragon Knits Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Rajesh Kumar Himatsingka ceased to be Director on 31 Mar 2012.

AGM
Paragon Knits Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Paragon Knits Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 24.90 Cr registered on 12 Nov 2021 with Charge ID 100509996 was modified on 11 Jun 2024.
Charges
A charge registered on 26 Mar 2021 via Charge ID 100432109 with Others was fully satisfied on 04 Jan 2022.
Charges
A charge registered on 24 Jun 2020 via Charge ID 100349570 with Others was fully satisfied on 04 Jan 2022.
Charges
A charge registered on 06 Aug 2013 via Charge ID 10446399 with Others was fully satisfied on 04 Jan 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.90 Cr with Charge ID 100509996 was registered on 12 Nov 2021.
Charges
A charge with Others amounted to Rs. 8.00 Cr with Charge ID 100432109 was registered on 26 Mar 2021.
Charges
A charge with Others of Rs. 36.26 Cr registered on 06 Aug 2013 with Charge ID 10446399 was modified on 26 Mar 2021.
Charges
A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100349570 was registered on 24 Jun 2020.
Charges
A charge with Others amounted to Rs. 36.26 Cr with Charge ID 10446399 was registered on 06 Aug 2013.
Ceased
Rajesh Kumar Himatsingka ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Paragon Knits is an active public limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 August 2008 (18+ years old) and is registered under CIN U18101DL2008PLC181756.

Paragon Knits has 3 current directors:

The latest financial statements of Paragon Knits 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 Knits is 02AAECP7893B2ZH, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Paragon Knits is U18101DL2008PLC181756. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Paragon Knits has 14 court cases on record: 1 filed by the company and 13 filed against it. 10 are pending.

Paragon Knits was incorporated on 06 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.

Paragon Knits has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.3 Cr; the latest was in September 2015.

The peers of Paragon Knits by revenue are Gosrani Impex Private Limited, Sneha Fashions Private Limited, Kadmawala Industries Private Limited, Avon Cottex Private Limited, K S Spinning Mills Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Rajesh Kumar Himatsingka ceased to be Director on 31 Mar 2012. Randhir Kumar Baid was appointed as Director on 20 Mar 2012. Rajesh Kumar Himatsingka was appointed as Director on 06 Aug 2008. Paragon Knits has 5 board changes on record in total.

Yes, Paragon Knits is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-28-0005628).

Paragon Knits has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 5 overdue payments to 3 micro and small suppliers. The latest return was filed on 20 May 2019.