Parentof Solutions Private Limited

Design and develop web pages and applications for sale in India and abroad.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated: January 01, 2025

Parentof Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.63 M
  • Company Age 9 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth 39.55%
  • Profit Growth 14.17%
  • Ebitda -17.75%
  • Net Worth -36.86%
  • Total Assets 13.10%

About Parentof Solutions

Parentof Solutions Private Limited (PSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 10 August 2015 (Nine years and six months 18 days old ). Its registered office is in Bangaluru, 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 2.00 M and a paid-up capital of Rs 1.63 M.

The company currently has active open charges totaling ₹5.00 Cr.

Korodi Prabhu, Madavan Swaroop, and Chikkanna Manohar serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    parentof.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2015PTC082162

  • Company No.

    082162

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 2015

  • Date of AGM

    30 Sep 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 Parentof Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Madavan Swaroop Country flag representing In Managing Director10-Aug-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Korodi Prabhu Country flag representing In Director 10-Aug-2015Current
Chikkanna Manohar Country flag representing In Director 10-Aug-2015Current

Financial Performance of Parentof Solutions.

Parentof Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.55% increase. The company also saw a substantial improvement in profitability, with a 14.17% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.86%.

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
39.55%
Revenue from Operations
-84.49%
Total Assets
13.10%
Profit or Loss
14.17%
Net Worth
-36.86%
EBITDA
-17.75%

What is the Ownership and Shareholding Structure of Parentof Solutions?

In 2023, Parentof Solutions had a promoter holding of 61.35% and a public holding of 38.65%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹50.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Apr 2020Others₹1.00 CrOpen
29 May 2019Others₹4.00 CrOpen

How Many Employees Work at Parentof Solutions?

Parentof Solutions has a workforce of 19 employees as of Apr 09, 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 Parentof 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 Parentof 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 Parentof Solutions

Recent activity within the organization

  • Annual General Meeting

    Parentof Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100366978 was registered on 02 Apr 2020.

    02 Apr 2020

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100298955 was registered on 29 May 2019.

    29 May 2019

  • Director Appointment

    Korodi Dhananjay Prabhu was appointed as a Director was appointed as a Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

  • Director Appointment

    Madavan Swaroop was appointed as a Managing Director was appointed as a Managing Director on 10 Aug 2015 & has been associated with this company since 9 years 6 months .

    10 Aug 2015

Recent News, Updates & Announcement

Frequently asked questions

  • Parentof Solutions Private Limited was incorporated on 10 Aug 2015.

  • The authorized share capital of Parentof Solutions Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.63 M.

  • Currently 3 directors are associated with Parentof Solutions Private Limited.

    • Korodi Dhananjay Prabhu
    • Madavan Swaroop
    • Chikkanna Manohar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parentof Solutions Private Limited is 103 R.J. Manor 11/A 80Ft Road 1St Block Koramangala, India, Bangalore South, Karnataka, 560034.

  • The corporate identification number (CIN) of Parentof Solutions Private Limited is U72200KA2015PTC082162 and the company number is 082162 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parentof Solutions Private Limited is https://www.parentof.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parentof Solutions Private Limited has risen by 39.55%.

  • As Per 2023 financial reports, 19 employees are currently employed by Parentof Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Parentof Solutions Private Limited has experienced an downturn of -36.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parentof Solutions Private Limited amount to ₹ 5.00 Cr.

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