Param People Infotech Solutions Private Limited

Provides IT solutions for travel, classifieds, e-commerce, and promotions for personal and commercial use.

2015 | Mysore, Karnataka (India) | Active
Last Updated: January 18, 2025

Param People Infotech Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 9 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.77 Cr
  • Revenue Growth 43.33%
  • Profit Growth 74.63%
  • Ebitda 124.32%
  • Net Worth 325.25%
  • Total Assets 120.19%

About Param People Infotech Solutions

Param People Infotech Solutions Private Limited (PPISPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 May 2015 (Nine years and eight months 28 days old ). Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. 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.

The company currently has active open charges totaling ₹1.77 Cr.

Rajesh Ghatanatti and Parappa Ghatanatti serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    highwaydelite.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC080586

  • Company No.

    080586

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 May 2015

  • Date of AGM

    06 Nov 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Param People Infotech Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Rajesh Ghatanatti Country flag representing In Director 28-May-2015Current
Parappa Ghatanatti Country flag representing In Director 26-Jun-2017Current

Financial Performance of Param People Infotech Solutions.

Param People Infotech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.33% increase. The company also saw a substantial improvement in profitability, with a 74.63% increase in profit. The company's net worth Soared by an impressive increase of 325.25%.

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
43.33%
Revenue from Operations
43.26%
Total Assets
120.19%
Profit or Loss
74.63%
Net Worth
325.25%
EBITDA
124.32%

What is the Ownership and Shareholding Structure of Param People Infotech Solutions?

Unlock access to Param People Infotech Solutions'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)

Open Charges

₹17.72 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.77 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2024Others₹1.33 CrOpen
05 Feb 2024Others₹4.40 MOpen

How Many Employees Work at Param People Infotech Solutions?

Param People Infotech Solutions has a workforce of 32 employees as of Mar 28, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Param People Infotech Solutions, 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 Param People Infotech Solutions'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 Param People Infotech Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 13.32 M with Charge ID 100889869 was registered on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4.40 M with Charge ID 100871839 was registered on 05 Feb 2024.

    05 Feb 2024

  • Annual General Meeting

    Param People Infotech Solutions Private Limited last Annual general meeting of members was held on 06 Nov 2023 as per latest MCA records.

    06 Nov 2023

  • Balance Sheet

    Param People Infotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Parappa Jalappa Ghatanatti was appointed as a Director was appointed as a Director on 26 Jun 2017 & has been associated with this company since 7 years 7 months .

    26 Jun 2017

  • Director Appointment

    Rajesh Ghatanatti was appointed as a Director was appointed as a Director on 28 May 2015 & has been associated with this company since 9 years 8 months .

    28 May 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Param People Infotech Solutions Private Limited was incorporated on 28 May 2015.

  • The authorized share capital of Param People Infotech Solutions Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Param People Infotech Solutions Private Limited.

    • Rajesh Ghatanatti
    • Parappa Jalappa Ghatanatti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Param People Infotech Solutions Private Limited is Flat No.12 Srirampura 2Nd Stage Devaiahnahundi Main Road, India, Mysore, Karnataka, 570023.

  • The corporate identification number (CIN) of Param People Infotech Solutions Private Limited is U74900KA2015PTC080586 and the company number is 080586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Param People Infotech Solutions Private Limited is https://www.highwaydelite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Param People Infotech Solutions Private Limited has risen by 43.33%.

  • As Per 2023 financial reports, 32 employees are currently employed by Param People Infotech Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Param People Infotech Solutions Private Limited has experienced an upsurge of 325.25%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Param People Infotech Solutions Private Limited amount to ₹ 1.77 Cr.

  • The most recent Balance Sheet for Param People Infotech Solutions Private Limited was filed with the ROC on 31 Mar 2023.

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