Parity Infotech Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 16 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.85 Cr
- Revenue Growth 135.04%
- Profit Growth 299.52%
- Ebitda 156.74%
- Net Worth 60.50%
- Total Assets 122.85%
About Parity Infotech Solutions
Parity Infotech Solutions Private Limited (PISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2008 and has a history of 16 years and five months. Its registered office is in Delhi, 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹12.85 Cr.
Sandeep Malhotra, Arun Malhotra, and Nishchal Arora serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72501DL2008PTC183503
- Company No.
183503
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2008
- Date of AGM
29 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Information Technology
Education
Telecom
Who are the key members and board of directors at Parity Infotech Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sandeep Malhotra  | Director | 29-Jun-2009 | Current |
| Arun Malhotra | Director | 01-May-2014 | Current |
| Nishchal Arora | Director | 01-May-2014 | Current |
Financial Performance of Parity Infotech Solutions.
Parity Infotech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 135.04% increase. The company also saw a substantial improvement in profitability, with a 299.52% increase in profit. The company's net worth Soared by an impressive increase of 60.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Parity Infotech Solutions?
In 2023, Parity Infotech Solutions had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Intellicom Communication Private LimitedSandeep Malhotra and Arun Malhotra are mutual person
- Vma Hotels Private Limited
Sandeep Malhotra is a mutual person
- Deep Health Care Services Private Limited
Sandeep Malhotra and Arun Malhotra are mutual person
Charges (Loans)
Open Charges
₹128.48 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 10.30 Cr
- Axis Bank Limited : 1.40 Cr
- Others : 1.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2024 | Axis Bank Limited | ₹1.40 Cr | Open |
| 27 Jun 2020 | Hdfc Bank Limited | ₹10.30 Cr | Open |
| 26 Apr 2018 | Others | ₹1.15 Cr | Open |
How Many Employees Work at Parity Infotech Solutions?
Parity Infotech Solutions has a workforce of 5 employees as of Mar 29, 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 Parity 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 Parity Infotech Solutions's trajectory.
Rating
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
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 Infotech Solutions
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 13.98 M with Charge ID 100924409 was registered on 16 Mar 2024.
- Charges
A charge with Hdfc Bank Limited of Rs. 103.00 M registered on 27 Jun 2020 with Charge ID 100370012 was modified on 12 Dec 2023.
- Annual General Meeting
Parity Infotech Solutions Private Limited last Annual general meeting of members was held on 29 Aug 2023 as per latest MCA records.
- Balance Sheet
Parity Infotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 103.00 M with Charge ID 100370012 was registered on 27 Jun 2020.
- Charges
A charge with Others amounted to Rs. 11.50 M with Charge ID 100175729 was registered on 26 Apr 2018.
Frequently asked questions
What is the Incorporation or founding date of Parity Infotech Solutions Private Limited?
Parity Infotech Solutions Private Limited was incorporated on 19 Sep 2008.
What is authorized share capital and paid-up capital of Parity Infotech Solutions Private Limited?
The authorized share capital of Parity Infotech Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.
Who are the current board members & directors of Parity Infotech Solutions Private Limited?
Currently 3 directors are associated with Parity Infotech Solutions Private Limited.
- Sandeep Malhotra
- Arun Deep Malhotra
- Nishchal Arora
What is the registered address of Parity Infotech Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Parity Infotech Solutions Private Limited is F-5, Street-4A Friends Colony Industrial Area Jhilmil Shahdara India, Delhi, 110032.
What is the corporate identification number (CIN) and company number of Parity Infotech Solutions Private Limited?
The corporate identification number (CIN) of Parity Infotech Solutions Private Limited is U72501DL2008PTC183503 and the company number is 183503 as per Ministry of Corporate Affairs (MCA).
What is the official website of Parity Infotech Solutions Private Limited?
The Official website of Parity Infotech Solutions Private Limited is https://www.paritysystem.in
What has been the recent revenue trend for Parity Infotech Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Parity Infotech Solutions Private Limited has risen by 135.04%.
How many employees does Parity Infotech Solutions Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Parity Infotech Solutions Private Limited.
What change has been observed in the net worth of Parity Infotech Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Parity Infotech Solutions Private Limited has experienced an upsurge of 60.50%.
What are the total open charges for Parity Infotech Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Parity Infotech Solutions Private Limited amount to ₹ 12.85 Cr.
When was the last Balance Sheet of Parity Infotech Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Parity Infotech Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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