Paychex It Solutions India Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 16 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth 96.57%
- Profit Growth 100.91%
- Ebitda 160.55%
- Net Worth 85.74%
- Total Assets 21.31%
About Paychex It Solutions India
Paychex It Solutions India Private Limited (PISIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 01 December 2008 and has a history of 16 years and two months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Nettime Solutions India Private Limited. 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Vinoy James, Gurpur Prabhu, and Liju John serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200KA2008FTC048467
- Company No.
048467
- Company Classification
Private Limited Foreign Company Incorporated In India
- Incorporation Date
01 Dec 2008
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Paychex It Solutions India?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinoy James  | Whole-Time Director | 06-Jun-2018 | Current |
| Gurpur Prabhu | Director | 10-Apr-2023 | Current |
| Liju John | Additional Director | 08-Mar-2024 | Current |
Financial Performance of Paychex It Solutions India.
Paychex It Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.57% increase. The company also saw a substantial improvement in profitability, with a 100.91% increase in profit. The company's net worth Soared by an impressive increase of 85.74%.
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What is the Ownership and Shareholding Structure of Paychex It Solutions India?
In 2023, Paychex It Solutions India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jfrog India Private LimitedGurpur Prabhu is a mutual person
Flock Software Private LimitedVinoy James and Liju John are mutual person
Roku India Private LimitedGurpur Prabhu is a mutual person
Sih Technologies LlpGurpur Prabhu is a mutual person
- Assembly Payments India Private Limited
Gurpur Prabhu is a mutual person
- Workboard India Private Limited
Gurpur Prabhu is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Paychex It Solutions India?
Paychex It Solutions India has a workforce of 866 employees as of Mar 31, 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 Paychex It Solutions 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 Paychex It Solutions India'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.
