Parallel Track Mhe Private Limited

Manufactures and supplies material handling equipment and provides related services.

2009 | Bangaluru, Karnataka (India) | Active
Last Updated:

Parallel Track Mhe Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -100.00%
  • Profit Growth -111.87%
  • Ebitda -407.55%
  • Net Worth 1.90%
  • Total Assets 104.43%

About Parallel Track Mhe

Parallel Track Mhe Private Limited (PTMPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 May 2009 and has a history of 15 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Valsan Kottil and Uday Pannase serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2009PTC049836

  • Company No.

    049836

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 May 2009

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

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

Board Members (2)

NameDesignationAppointment DateStatus
Valsan Kottil Country flag representing In Additional Director 16-Nov-2023Current
Uday Pannase Country flag representing In Director 10-May-2017Current

Financial Performance of Parallel Track Mhe.

Parallel Track Mhe Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 111.87% decrease in profit. The company's net worth moved up by a moderate rise of 1.9%.

Parallel Track Mhe revenue growth over time
Parallel Track Mhe 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
-100.00%
Revenue from Operations
Total Assets
104.43%
Profit or Loss
-111.87%
Net Worth
1.90%
EBITDA
-407.55%

What is the Ownership and Shareholding Structure of Parallel Track Mhe?

Unlock access to Parallel Track Mhe'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 Track Mhe?

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

Employee growth trends for Parallel Track Mhe Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parallel Track Mhe, 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 Mhe'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

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Parallel Track Mhe

Recent activity within the organization

  • Director Appointment

    Valsan Radhakrishnan Kottil was appointed as a Additional Director was appointed as a Additional Director on 16 Nov 2023 & has been associated with this company since 1 year 3 months .

  • Annual General Meeting

    Parallel Track Mhe Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Parallel Track Mhe Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Director Appointment

    Uday Manikrao Pannase was appointed as a Director was appointed as a Director on 10 May 2017 & has been associated with this company since 7 years 9 months .

  • Company Incorporation

    Parallel Track Mhe Private Limited was registered on 13 May 2009 with Roc Bangalore & aged 15 years 9 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Parallel Track Mhe Private Limited?

    Parallel Track Mhe Private Limited was incorporated on 13 May 2009.

  • What is authorized share capital and paid-up capital of Parallel Track Mhe Private Limited?

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

  • Who are the current board members & directors of Parallel Track Mhe Private Limited?

    Currently 2 directors are associated with Parallel Track Mhe Private Limited.

    • Valsan Radhakrishnan Kottil
    • Uday Manikrao Pannase
  • What is the registered address of Parallel Track Mhe Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Parallel Track Mhe Private Limited is No. 37/1 6Th Main, Singasandra Hosur Main Road India, Bangalore, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Parallel Track Mhe Private Limited?

    The corporate identification number (CIN) of Parallel Track Mhe Private Limited is U74900KA2009PTC049836 and the company number is 049836 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Parallel Track Mhe Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Parallel Track Mhe Private Limited has fallen by -100.00%.

  • What change has been observed in the net worth of Parallel Track Mhe Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Parallel Track Mhe Private Limited has experienced an upsurge of 1.90%.

  • When was the last Balance Sheet of Parallel Track Mhe Private Limited filed with the ROC?

    The most recent Balance Sheet for Parallel Track Mhe Private Limited was filed with the ROC on 31 Mar 2022.

People also Viewed

Similar Companies Based on Material Handling & Storage Equipment