Paragon Metalex Private Limited
About Paragon Metalex Private Limited
Data last updated:
Paragon Metalex Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 June 1986.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1986PTC007664. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.14 Lakh. It was led by directors Hannah Mohandas Shetty (Managing Director) and Malleshaiah Devarajaiah.
Its last annual general meeting (AGM) was held on 25 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 228 15 C Cross 2nd Phase 2nd Stage Mahalakshmi Layout, Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.03 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹18.62 Lakh and EBITDA of -₹18.61 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
Company details
Contact details
Paragon Metalex Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address228 15 C Cross 2nd Phase 2nd Stage Mahalakshmi Layout, Bangalore, Karnataka, India – 560086
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Paragon Metalex 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 Paragon Metalex Private Limited
FY 2021 filings availableParagon Metalex Private Limited reported revenue of ₹1.03 Lakh (down 70% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 822% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.03 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹18.62 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Metalex Private Limited, buy the company report.
Board of directors of Paragon Metalex Private Limited
Paragon Metalex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hannah Mohandas Shetty | Managing Director | 20 Jun 1986 | 40 Years 4 Months | As last reported |
| Malleshaiah Devarajaiah | Director | 31 Mar 1998 | 28 Years 7 Months | As last reported |
Peer comparison
Paragon Metalex Private Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ark Transformers Private Limited | ₹1.09 Lakh (FY 2025) | 36.0% | Bhopal, Madhya Pradesh, India | |||
| Gujarat Heavy Electrical & Insulators Private Limited | ₹1.06 Lakh (FY 2025) | -99.0% | Wadhwan, Gujarat, India | |||
| JDR Luminaries Private Limited. | ₹1.06 Lakh (FY 2025) | -22.0% | Haridwar, Uttarakhand, India | |||
| DRS Energy Private Limited | ₹1.06 Lakh (FY 2025) | -26.0% | Delhi, India | |||
| Waaree Infrastructure & Agritech Private Limited | ₹1.05 Lakh (FY 2024) | Mumbai, Maharashtra, India | ||||
| Paragon Metalex Private Limitedthis company | ₹1.03 Lakh (FY 2021) | -₹18.62 Lakh | -70.0% | Bangalore, Karnataka, India | ||
| Triunity Chargexo Energy Private Limited | ₹1.02 Lakh (FY 2025) | 2672.0% | Hyderabad, Telangana, India | |||
| Ganpati Control & Switch Gears Private Limited | ₹1.02 Lakh (FY 2025) | -95.0% | New Delhi, Delhi, India | |||
| Uges Re Infratek Private Limited | ₹1.01 Lakh (FY 2025) | -95.0% | Vadodara, Gujarat, India | |||
| Ganesh Accumulators Private Limited | ₹1 Lakh (FY 2023) | -84.0% | Kolhapur, Maharashtra, India | |||
| Om Transformers Private Limited | ₹96,000 (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Paragon Metalex Private Limited, buy the company report.
Shareholding
The shareholding of Paragon Metalex Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Paragon Metalex Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paragon Metalex Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paragon Metalex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paragon Metalex Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Paragon Metalex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Paragon Metalex Private Limited, buy the company report.
Recent activity
Paragon Metalex Private Limited has 4 board changes on record since 1986: 2 appointments and 2 cessations. The latest: Rajendra ceased to be Additional Director on 01 Feb 2022.
Frequently asked questions
Paragon Metalex has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paragon Metalex was a private limited company based in Bangalore, Karnataka, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 June 1986 and is registered under CIN U31909KA1986PTC007664. The company has been struck off by the Registrar of Companies and is no longer operational.
Paragon Metalex had 2 directors:
- Hannah Mohandas Shetty - Managing Director
- Malleshaiah Devarajaiah - Director
The CIN (Corporate Identification Number) of Paragon Metalex is U31909KA1986PTC007664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paragon Metalex is at 228 15 C Cross 2nd Phase 2nd Stage Mahalakshmi Layout, Bangalore, Karnataka, India – 560086.
Paragon Metalex was incorporated on 20 June 1986. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Paragon Metalex on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 June 2021. Year-wise statements from 2015 are in the company report.
No. Paragon Metalex has 1 GST registration on record and it is cancelled or inactive.
Paragon Metalex operated in the energy and power industry, in the power equipment manufacturers segment. It worked in this industry before it was struck off.
The peers of Paragon Metalex by revenue are Ark Transformers Private Limited, Gujarat Heavy Electrical & Insulators Private Limited, JDR Luminaries Private Limited, DRS Energy Private Limited, Waaree Infrastructure & Agritech Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Rajendra ceased to be Additional Director on 01 Feb 2022. Susheela Hegde ceased to be Director on 22 Dec 2015. Malleshaiah Devarajaiah was appointed as Director on 31 Mar 1998. Paragon Metalex has 4 board changes on record in total.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
