Pax Innovation Ict Services Private Limited

Provides various IT services to clients.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated:

Pax Innovation Ict Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.23 M
  • Company Age 7 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -26.95%
  • Profit Growth -4408.49%
  • Ebitda -253.55%
  • Net Worth 100.51%
  • Total Assets 73.53%

About Pax Innovation Ict Services

Pax Innovation Ict Services Private Limited (PIISPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 October 2017 (Seven years and seven months 3 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.23 M, as per Ministry of Corporate Affairs (MCA) records.

Adi Cherukupalli, Venkata Rao, Mohan Murthy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC107200

  • Company No.

    107200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Pax Innovation Ict Services Private Limited

Explore comprehensive data for Pax Innovation Ict Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Pax Innovation Ict Services?

Board Members (5)

NameDesignationAppointment DateStatus
Vamshidhar Guntha Country flag representing In Director 20-Apr-2019Current
Venkata Rao Country flag representing In Director 19-Feb-2018Current
Dhruv Godara Country flag representing In Director 06-Aug-2024Current
Adi Cherukupalli Country flag representing In Director 08-Aug-2023Current
Mohan Murthy Country flag representing In Director 06-Aug-2024Current

Financial Performance of Pax Innovation Ict Services.

Pax Innovation Ict Services Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.95% decrease. The company also saw a substantial fall in profitability, with a 4408.49% decrease in profit. The company's net worth Soared by an impressive increase of 100.51%.

Pax Innovation Ict Services revenue growth over time
Pax Innovation Ict Services 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
-26.95%
Revenue from Operations
-27.70%
Total Assets
73.53%
Profit or Loss
-4408.49%
Net Worth
100.51%
EBITDA
-253.55%

What is the Ownership and Shareholding Structure of Pax Innovation Ict Services?

In 2023, Pax Innovation Ict Services had a promoter holding of 99.99%. 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 Pax Innovation Ict Services?

Pax Innovation Ict Services has a workforce of 0 employees as of Mar 25, 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.

Employee growth trends for Pax Innovation Ict Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pax Innovation Ict Services, 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 Pax Innovation Ict Services'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 Pax Innovation Ict Services

Recent activity within the organization

  • Annual General Meeting

    Pax Innovation Ict Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Mohan Rao Murthy was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 9 months 13 days .

  • Director Appointment

    Dhruv Godara was appointed as a Director was appointed as a Director on 06 Aug 2024 & has been associated with this company since 9 months 13 days .

  • Balance Sheet

    Pax Innovation Ict Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Adi Seshavataram Cherukupalli was appointed as a Director was appointed as a Director on 08 Aug 2023 & has been associated with this company since 1 year 9 months .

  • Director Appointment

    Vamshidhar Guntha was appointed as a Director was appointed as a Director on 20 Apr 2019 & has been associated with this company since 6 years 30 days .

Frequently asked questions

  • What is the Incorporation or founding date of Pax Innovation Ict Services Private Limited?

    Pax Innovation Ict Services Private Limited was incorporated on 16 Oct 2017.

  • What is authorized share capital and paid-up capital of Pax Innovation Ict Services Private Limited?

    The authorized share capital of Pax Innovation Ict Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.23 M.

  • Who are the current board members & directors of Pax Innovation Ict Services Private Limited?

    Currently 5 directors are associated with Pax Innovation Ict Services Private Limited.

    • Adi Seshavataram Cherukupalli
    • Venkata Ilindra Srinivasa Rao
    • Mohan Rao Murthy
    • Vamshidhar Guntha
    • Dhruv Godara

  • What is the registered address of Pax Innovation Ict Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Pax Innovation Ict Services Private Limited is No 612 3Rd Floor Basil Moneta 80 Feet Road Koramangala 4Th Block, India, Bangalore South, Karnataka, 560034.

  • What is the corporate identification number (CIN) and company number of Pax Innovation Ict Services Private Limited?

    The corporate identification number (CIN) of Pax Innovation Ict Services Private Limited is U74999KA2017PTC107200 and the company number is 107200 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Pax Innovation Ict Services Private Limited?

    The Official website of Pax Innovation Ict Services Private Limited is https://www.hoi.in

  • What has been the recent revenue trend for Pax Innovation Ict Services Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Pax Innovation Ict Services Private Limited has fallen by -26.95%.

  • What change has been observed in the net worth of Pax Innovation Ict Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Pax Innovation Ict Services Private Limited has experienced an upsurge of 100.51%.

  • When was the last Balance Sheet of Pax Innovation Ict Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Pax Innovation Ict Services Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Consulting & Support Services