Parallel Space Private Limited

Founded in 2018 and headquartered in Karnataka, India.

2018 | Bangalore, Karnataka (India) | Inactive
Last Updated: April 08, 2024

Parallel Space Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth -40.47%
  • Profit Growth 245.51%
  • Ebitda 245.51%
  • Net Worth 88.90%
  • Total Assets 57.78%

About Parallel Space

Parallel Space Private Limited (PSPL) is Strike Off company established on 07 Mar 2018 with its office registered at Bangalore, Karnataka, India and has been running since 6 Year, 10 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 08 Apr 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2018PTC110828

  • Company No.

    110828

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2018

  • Date of AGM

    07 Apr 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Services

Who are the key members and board of directors at Parallel Space?

Board Members (2)

Name Designation Appointment Date Status
Pradeep Bhat Country flag representing In Director 07-Mar-2018 Current
Bharath Sampath Country flag representing In Director 07-Mar-2018 Current

Financial Performance of Parallel Space.

Parallel Space Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 40.47% decrease. The company also saw a substantial improvement in profitability, with a 245.51% increase in profit. The company's net worth Soared by an impressive increase of 88.9%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-40.47%
Revenue from Operations
-40.47%
Total Assets
57.78%
Profit or Loss
245.51%
Net Worth
88.90%
EBITDA
245.51%

What is the Ownership and Shareholding Structure of Parallel Space?

Unlock access to Parallel Space's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Parallel Space?

Unlock and access historical data on people associated with Parallel Space, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parallel Space, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Parallel Space's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

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Latest Updates, News, and FAQs on Parallel Space

Recent activity within the organization

  • Annual General Meeting

    Parallel Space Private Limited last Annual general meeting of members was held on 07 Apr 2021 as per latest MCA records.

    07 Apr 2021

  • Balance Sheet

    Parallel Space Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Bharath Sampath was appointed as a Director was appointed as a Director on 07 Mar 2018 & has been associated with this company since 6 years 10 months .

    07 Mar 2018

  • Director Appointment

    Pradeep Subramanya Bhat was appointed as a Director was appointed as a Director on 07 Mar 2018 & has been associated with this company since 6 years 10 months .

    07 Mar 2018

  • Company Incorporation

    Parallel Space Private Limited was registered on 07 Mar 2018 with Roc Bangalore & aged 6 years 10 months as per MCA records.

    07 Mar 2018

Frequently asked questions

  • Parallel Space Private Limited was incorporated on 07 Mar 2018.

  • The authorized share capital of Parallel Space Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Parallel Space Private Limited.

    • Bharath Sampath
    • Pradeep Subramanya Bhat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parallel Space Private Limited is No 2362 2Nd Floor Near Lotus Hospital, 24Th Main Road 1St Sector Hsr Layout, Bangalore, Karnataka, India, 560102.

  • The corporate identification number (CIN) of Parallel Space Private Limited is U74999KA2018PTC110828 and the company number is 110828 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Parallel Space Private Limited has fallen by -40.47%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Parallel Space Private Limited has experienced an upsurge of 88.90%.

  • The most recent Balance Sheet for Parallel Space Private Limited was filed with the ROC on 31 Mar 2021.