Parity Infotech Solutions Private Limited

IT services, skill development, telecom services, business solutions, product development, and support systems.

2008 | Delhi (India) | Active
Last Updated: October 23, 2024

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

Board Members (3)

NameDesignationAppointment DateStatus
Sandeep Malhotra Country flag representing In Director 29-Jun-2009Current
Arun Malhotra Country flag representing In Director 01-May-2014Current
Nishchal Arora Country flag representing In Director 01-May-2014Current

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 455.9% increase in profit. The company's net worth Soared by an impressive increase of 60.5%.

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
135.04%
Revenue from Operations
131.71%
Total Assets
122.85%
Profit or Loss
455.90%
Net Worth
60.50%
EBITDA
156.75%

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

DateLenderAmountStatus
16 Mar 2024Axis Bank Limited₹1.40 CrOpen
27 Jun 2020Hdfc Bank Limited₹10.30 CrOpen
26 Apr 2018Others₹1.15 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    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.

    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.

    29 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 103.00 M with Charge ID 100370012 was registered on 27 Jun 2020.

    27 Jun 2020

  • Charges

    A charge with Others amounted to Rs. 11.50 M with Charge ID 100175729 was registered on 26 Apr 2018.

    26 Apr 2018

Frequently asked questions

  • Parity Infotech Solutions Private Limited was incorporated on 19 Sep 2008.

  • The authorized share capital of Parity Infotech Solutions Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 3 directors are associated with Parity Infotech Solutions Private Limited.

    • Sandeep Malhotra
    • Arun Deep Malhotra
    • Nishchal Arora
  • 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.

  • 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).

  • The Official website of Parity Infotech Solutions Private Limited is https://www.paritysystem.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Parity Infotech Solutions Private Limited has risen by 135.04%.

  • As Per 2023 financial reports, 5 employees are currently employed by Parity Infotech Solutions Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Parity Infotech Solutions Private Limited amount to ₹ 12.85 Cr.

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

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