Parity Computing India Private Limited

IT and software development services provider, subsidiary of US-based company, founded in 2005.

2005 | Bangaluru, Karnataka (India) | Merged
Last Updated: January 18, 2025

Parity Computing India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 36.81%
  • Profit Growth 47.51%
  • Ebitda 35.08%
  • Net Worth 33.70%
  • Total Assets 30.61%

About Parity Computing India

Parity Computing India Private Limited (PCIPL) is Amalgamated company established on 14 Nov 2005 with its office registered at Bangaluru, Karnataka, India and has been running since 19 Year, 3 Months with a paid up capital of 0.10 M. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    paritycomputing.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2005FTC037664

  • Company No.

    037664

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    14 Nov 2005

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Parity Computing India?

Board Members (2)

NameDesignationAppointment DateStatus
Shanker Kaul Country flag representing In Director 11-Sep-2019Current
Pankaj Nangia Country flag representing In Director 07-Sep-2015Current

Financial Performance of Parity Computing India.

Parity Computing India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 36.81% increase. The company also saw a substantial improvement in profitability, with a 47.51% increase in profit. The company's net worth Soared by an impressive increase of 33.7%.

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
36.81%
Revenue from Operations
37.10%
Total Assets
30.61%
Profit or Loss
47.51%
Net Worth
33.70%
EBITDA
35.08%

What is the Ownership and Shareholding Structure of Parity Computing India?

In 2019, Parity Computing India had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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 Parity Computing India?

Parity Computing India has a workforce of 66 employees as of Apr 05, 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 Parity Computing India, 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 Parity Computing India'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 Parity Computing India

Recent activity within the organization

  • Annual General Meeting

    Parity Computing India Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Balance Sheet

    Parity Computing India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

    31 Mar 2022

  • Director Appointment

    Shanker Kaul was appointed as a Director was appointed as a Director on 11 Sep 2019 & has been associated with this company since 5 years 5 months .

    11 Sep 2019

  • Director Appointment

    Pankaj Nangia was appointed as a Director was appointed as a Director on 07 Sep 2015 & has been associated with this company since 9 years 5 months .

    07 Sep 2015

  • Company Incorporation

    Parity Computing India Private Limited was registered on 14 Nov 2005 with Roc Bangalore & aged 19 years 3 months as per MCA records.

    14 Nov 2005

Frequently asked questions

  • Parity Computing India Private Limited was incorporated on 14 Nov 2005.

  • The authorized share capital of Parity Computing India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Parity Computing India Private Limited.

    • Pankaj Nangia
    • Shanker Kaul
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parity Computing India Private Limited is 01-102-A Wework Embassy Tech Village Block L, Outer Ring Road India, Bengalore, Karnataka, 560103.

  • The corporate identification number (CIN) of Parity Computing India Private Limited is U72200KA2005FTC037664 and the company number is 037664 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Parity Computing India Private Limited is https://www.paritycomputing.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parity Computing India Private Limited has risen by 36.81%.

  • As Per 2022 financial reports, 66 employees are currently employed by Parity Computing India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parity Computing India Private Limited has experienced an upsurge of 33.70%.

  • The most recent Balance Sheet for Parity Computing India Private Limited was filed with the ROC on 31 Mar 2022.

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