Pax Innovation Ict Services Private Limited

Provides various IT services to clients.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: December 31, 2024

Pax Innovation Ict Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.23 M
  • Company Age 7 Year, 4 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 four months 8 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

    hoi.in

  • 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

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%.

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
-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.

Graph showing employee growth trends

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.

    30 Sep 2024

  • 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 6 months 18 days .

    06 Aug 2024

  • 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 6 months 18 days .

    06 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • 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 6 months .

    08 Aug 2023

  • 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 5 years 10 months .

    20 Apr 2019

Frequently asked questions

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

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

  • 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
  • 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.

  • 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).

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

  • 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%.

  • 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%.

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

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