Paragon Finance Ltd.
Paragon Finance
₹ 0.00
0.00 (0.00)%
NSE
BSE
Finance
Small-cap - With a market cap of ₹21.68 Cr.
No Subsidiaries Data available
Paragon Finance is a non-banking finance company registered with the Reserve Bank of India (RBI) as a non-deposit taking NBFC. A NBFC is a company, not a bank, which is engaged in financing activities. Paragon Finance is a fund-based NBFC. Its aim is wealth maximization. In order to achieve its aim, the company is planning to diversify its activities and to take up fee-based activities also within its ambit.
The company basically finances clients for purchase of heavy and light commercial vehicles. The company has not limited its activity to used vehicles; it has started financing new vehicles also. The company also leaks strategic and costumer share investment based on its keep understanding of the market by nominee and the found market research it conducts on a continued basis.
Paragon has also moved into the active business of investing in real estate development. Some of the various estates held by the company along with its group companies are situated at Jangalpur, Alampur, Ulberia, Dasnagar, Jessore Road, Rajarhat and Lahoti. The company is also engaged in arbitraging buying commodities from the spot market and selling it in the future market ensuring profit the commodities gold and silver.
Presently the areas covered by the company are:
• Auto Loans • Shares • ICDs • Real Estate • Commodity Market
There are many rivals of the company. They include Power Finance, Reliance capital, India Bulls Finance, etc.
