Paragon Fine and Speciality Chemical was originally formed as partnership firm under the Indian Partnership Act, 1932 in the name and style of ‘M/s. Devarshi Dyechem’, pursuant to a deed of partnership dated February 02, 2003. The main object of the company is to carry on business of manufacturing, buying, selling, trading, importing, exporting, Frozen, Store, Distributors and dealing in all types of Industrial chemicals, chemicals, chemicals compounds (organic and inorganic) in all forms, and chemical products of any nature and kind whatsoever and Edible Oils, vegetable oils, spices, grains, pulses, oils, oil seeds, and all other commodities and all by-products and joint products thereof and all type of petro chemical products like oil, grease, bitumen etc. as well as all type of gas products and also deal in agricultural items.

Paragon Fine & Spl. major competitors are Ambani Orgochem, Shivam Chemicals, Deep Polymers, ZR2 Bioenergy, Resonance Specialtie, Technichem Organics, Archit Organosys.
Market Cap of Paragon Fine & Spl. is ₹105 Crs.
While the median market cap of its peers are ₹110 Crs.

Paragon Fine & Spl. seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.