Parallel Track Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 9.21 Cr
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 5 Months
- Last Filing with ROC 31 Mar 2022
- Satisfied Charges ₹ 1.75 Cr
- Revenue Growth 6.74%
- Profit Growth -42.72%
- Ebitda -20.41%
- Net Worth 0.91%
- Total Assets -11.22%
About Parallel Track Engineering Company
Parallel Track Engineering Company Private Limited (PTECPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 August 2006 and has a history of 18 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 9.21 Cr and a paid-up capital of Rs 0.10 M.
The company has closed loans amounting to ₹1.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Valsan Kottil and Uday Pannase serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29241KA2006PTC040269
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Company No.
040269
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Aug 2006
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Date of AGM
30 Sep 2022
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Date of Balance Sheet
31 Mar 2022
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Parallel Track Engineering Company?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Valsan Kottil
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Whole-Time Director | 26-Mar-2023 | Current |
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Uday Pannase
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Director | 23-Aug-2006 | Current |
Financial Performance of Parallel Track Engineering Company.
Parallel Track Engineering Company Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 6.74% increase. The company also saw a substantial fall in profitability, with a 42.72% decrease in profit. The company's net worth moved up by a moderate rise of 0.91%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Parallel Track Engineering Company?
Unlock access to Parallel Track Engineering Company'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.
Related Corporates (Common Directorship)
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Inlogsys Techno Private LimitedValsan Kottil is a mutual person
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Parallel Track Mhe Private LimitedValsan Kottil and Uday Pannase are mutual person
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Picafea Technologies Private Limited
Valsan Kottil is a mutual person
Charges (Loans)
₹0
₹1.75 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 1.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2007 | Canara Bank | ₹1.75 Cr | Satisfied |
How Many Employees Work at Parallel Track Engineering Company?
Parallel Track Engineering Company has a workforce of 13 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Parallel Track Engineering Company, 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 Track Engineering Company's trajectory.
Rating
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Alerts
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