Elastrex Polymers Private Limited - Company overview

Registered with ROC Bangalore on 21 November 1988, Paragon is an active private limited company that has been around for more than 37 years.

1988-11-21 Bangalore - 562 123,Karnataka, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹1000+ Cr
▲ 2.2%
FY 2025
PROFIT / LOSS
₹25–50 Cr
▲ 195.6%
FY 2025
EBITDA
₹100–500 Cr
▲ 141.7%
FY 2025
NET WORTH
₹100–500 Cr
▲ 20.0%
FY 2025
TOTAL ASSETS
₹500–1000 Cr
▼ -17.6%
FY 2025
EMPLOYEE COUNT
1–10
OPEN CHARGES
1
-
PAID-UP CAPITAL
69.13 Lakh
AUTHORISED CAPITAL
70.00 Lakh
COMPANY AGE
37 Years 11 Months
since 1988-11-21
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-08-30
ACTIVE GST
6
Updated: 2024-07-29 20:19:00
TOTAL MONEY RAISED
₹1–10 Lakh
SATISFIED CHARGES
8
109.24 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Paragon covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Low risk
81/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (74), financial health (75), director (90) and company-foundation signals.
  • Operating for 37+ years.
Compliance Score Moderate
74/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2025.
  • Positive net worth.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 10 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Paragon Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Bangalore on 21 November 1988, Paragon is an active private limited company that has been around for more than 37 years. Its registered office is in Bangalore - 562 123,Karnataka, Karnataka.

Its filings describe the main line of business as plastic products, non-metallic mineral products, rubber products, fabricated metal products, which made up 42.58% of turnover.

It has ten directors: Vijoo Zachariah, Nakhul Uthup Joseph, Thomas Mani and 7 others. The longest-serving is Vijoo Zachariah, on the board since 1991; the most recent to join is Sidharth Zacharia Vijoo, appointed in May 2025. Six former directors are on record; the most recent to leave was Sachin Joseph in May 2025. Between them, the directors also sit on the boards of 5 other companies, including Preston India Private Limited and Paragon Footwears Private Limited.

Paid-up capital stands at ₹69.13 lakh out of ₹70 lakh authorised. The last AGM on record was on 30 August 2025, for accounts made up to 31 March 2025. One charge (secured loan) is still open, with Hdfc Bank Limited among the lenders, and eight more have been paid off.

Consumer Goods ••••••••
  • Location No:8, Gangadharna, Palayakasaba Hobli Nelamangala . Bangalore - 562 123,Karnat, Bangalore - 562 123,Karnataka, Karnataka
  • Website paragonfootwear.com
Legal NameElastrex Polymers Private Limited
CIN / LLPINU00311KA1988PTC009613
Company No.009613
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1988-11-21
Date of AGM2025-08-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Paragon (10) Current board members from MCA filings, including designation and appointment details.

V
Director | Since 1991-10-01 | DIN: 00053037
N
Director | Since 2020-09-26 | DIN: 08892611
T
Director | Since 2020-09-26 | DIN: 08892680
M
Director | Since 2020-09-26 | DIN: 08892641
N
Director | Since 2021-06-01 | DIN: 09180829
R
Director | Since 1997-04-24 | DIN: 00418455

Financial Performance of Paragon Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹1000+ Cr ▲ 2.2%
P&L ₹25–50 Cr ▲ 195.6%
EBITDA ₹100–500 Cr ▲ 141.7%
Net worth ₹100–500 Cr ▲ 20.0%

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Verified entity values are shown only after access is granted.

Charges of Paragon Open and satisfied charges registered against the company with MCA.

Hdfc Bank Limited : 40.00 cr
Axis Bank Limited : 48.50 Lakh
The South Indian Bank Limited : 43.48 Lakh
Others : 14.87 Lakh
Bank Of Baroda : 7.50 Lakh
Open Charges: 1 Satisfied Charges: 8
Open -
Satisfied 109.24 cr
LenderAmountStatus
Hdfc Bank Limited
Creation Date: 13 Feb 2025
40.00 cr Open
Axis Bank Limited
Creation Date: 30 Nov 2016
48.50 Lakh Closed
Others
Creation Date: 11 May 2016
14.87 Lakh Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingPlastic products, non-metallic mineral products, rubber products, fabricated metal products42.58
Support service to OrganizationsOther support services to organizations57.42

Companies With Common Directors Of Paragon Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Paragon Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

12 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Paragon Ownership and contribution detail from filings. Full breakdown unlocks with your report.

10 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Paragon EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Paragon GST registrations and filing status by state. Full compliance detail unlocks with your report.

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GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Paragon Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Paragon MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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MCA Filings & Documents of Paragon Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Paragon Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Paragon?
MCA does not publish an "owner" field. Paragon is run by its directors, Vijoo Zachariah, Nakhul Uthup Joseph, Thomas Mani and seven others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Paragon?
Paragon has ten current directors: Vijoo Zachariah (since October 1991), Nakhul Uthup Joseph (since September 2020), Thomas Mani (since September 2020), Mithun Abraham Joseph (since September 2020), Nimmy Joseph (since June 2021) and Reji Koduvirachirayil Joseph (since April 1997), plus 4 more.
What is CIN of Paragon?
The CIN of Paragon is U00311KA1988PTC009613. Reading it left to right: U means it is not listed, 00311 is the industry code it registered under, KA is Karnataka, 1988 is the year it was registered, PTC is the company type and 009613 is its registration number.
When was Paragon incorporated?
Paragon was incorporated on 21 November 1988 with ROC Bangalore. That makes it more than 37 years old.
What is the registered address of Paragon?
The registered office on MCA records is No:8, Gangadharna, Palayakasaba Hobli Nelamangala . Bangalore - 562 123, Karnat, Bangalore - 562 123, Karnataka.
What is the current status of Paragon?
MCA shows Paragon as Active, and its last AGM on record was in August 2025.
What is the contact number or email for Paragon?
You can post to its registered office at No:8, Gangadharna, Palayakasaba Hobli Nelamangala . Bangalore - 562 123, Karnat, Bangalore - 562 123, Karnataka, Karnataka and use its website, https://paragonfootwear.com.
What industry or business activity is Paragon associated with?
Its MCA filings list the main business as plastic products, non-metallic mineral products, rubber products, fabricated metal products (42.58% of turnover).
What is paid-up capital and authorised share capital of Paragon?
Paid-up capital is ₹69.13 lakh and authorised capital is ₹70 lakh, so about 99% of the authorised amount has been issued.
When did Paragon last file accounts and hold an AGM?
The last AGM on record was on 30 August 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Paragon?
One charge against Paragon is still open and eight have been satisfied. Lenders named in the filings include Hdfc Bank Limited, Axis Bank Limited and The South Indian Bank Limited.
Have any directors left Paragon?
Yes, six former directors are on record. The most recent to leave were Sachin Joseph (May 2025), Thomas Koduvirachira Thomas (September 2021) and Sajan Koduvirachira Thomas (September 2021).
Which companies share directors with Paragon?
5 companies share directors with Paragon. Among them are Preston India Private Limited, Paragon Footwears Private Limited, Falcon Agencies Private Limited and 2 more.
What is the turnover or revenue of Paragon?
Based on filed financial statements, the revenue of Paragon for FY 2025 was in the ₹1000+ Cr range. That is up 2.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Paragon?
For FY 2025, the net worth of Paragon was in the ₹100–500 Cr range.
How can I get the financial details of Paragon?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Paragon?
The website on record for Paragon is https://paragonfootwear.com.
Which company owns paragonfootwear.com?
paragonfootwear.com is the website listed for Elastrex Polymers Private Limited in its company records.
Paragon - is it listed or unlisted?
Paragon is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Paragon?
Paragon is registered with ROC Bangalore.
What is the company classification of Paragon?
MCA classifies Paragon as: Private Limited Indian Non-Government Company.
Does Paragon have GST registrations on file?
Yes, 6 active GST registrations are linked to Paragon, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.