Sai Paramount It Solutions Private Limited

IT company providing software development, animation, web design, and other related services.

2011 | Khorda, Odisha (India) | Active
Last Updated: January 07, 2025

Sai Paramount It Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Satisfied Charges ₹ 0.35 M
  • Revenue Growth 61.54%
  • Profit Growth 100.14%
  • Ebitda 125.68%
  • Net Worth 0.02%
  • Total Assets 35.84%

About Sai Paramount It Solutions

Sai Paramount It Solutions Private Limited (SPISPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 May 2011 and has a history of 13 years and nine months. Its registered office is in Khorda, Odisha, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹0.50 M. The company has closed loans amounting to ₹0.35 M, as per Ministry of Corporate Affairs (MCA) records.

Siba Panda, Monalisa Panda, and Manas Behera serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200OR2011PTC013650

  • Company No.

    013650

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 May 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Information Technology

What products or services does Sai Paramount It Solutions Private Limited offer?

Sai Paramount It Solutions Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Biometric Access Control System, Software Development & IT Consultant, Content Management Service, Web Development & Marketing Services, Website Domain Hosting Service.

Who are the key members and board of directors at Sai Paramount It Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Siba Panda Country flag representing In Managing Director23-May-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Monalisa Panda Country flag representing In Director 23-May-2011Current
Manas Behera Country flag representing In Director 23-May-2011Current

Financial Performance of Sai Paramount It Solutions.

Sai Paramount It Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 61.54% increase. The company also saw a substantial improvement in profitability, with a 100.14% increase in profit. The company's net worth moved up by a moderate rise of 0.02%.

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
61.54%
Revenue from Operations
61.54%
Total Assets
35.84%
Profit or Loss
100.14%
Net Worth
0.02%
EBITDA
125.68%

What is the Ownership and Shareholding Structure of Sai Paramount It Solutions?

In 2020, Sai Paramount It Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.50 M

Satisfied Charges

₹0.35 M

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
20 Sep 2016Syndicate Bank₹0.50 MOpen
29 Oct 2013Indian Overseas Bank₹0.35 MSatisfied

How Many Employees Work at Sai Paramount It Solutions?

Unlock and access historical data on people associated with Sai Paramount It Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sai Paramount It 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 Sai Paramount It 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 Sai Paramount It Solutions

Recent activity within the organization

  • Annual General Meeting

    Sai Paramount It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sai Paramount It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Syndicate Bank amounted to Rs. 0.50 M with Charge ID 100055348 was registered on 20 Sep 2016.

    20 Sep 2016

  • Charges

    A charge registered on 29 Oct 2013 via Charge ID 10457384 with Indian Overseas Bank was fully satisfied on 13 Mar 2014.

    13 Mar 2014

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.35 M with Charge ID 10457384 was registered on 29 Oct 2013.

    29 Oct 2013

  • Director Appointment

    Siba Prasad Panda was appointed as a Managing Director was appointed as a Managing Director on 23 May 2011 & has been associated with this company since 13 years 9 months .

    23 May 2011

Frequently asked questions

  • Sai Paramount It Solutions Private Limited was incorporated on 23 May 2011.

  • The authorized share capital of Sai Paramount It Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Sai Paramount It Solutions Private Limited.

    • Siba Prasad Panda
    • Monalisa Panda
    • Manas Ranjan Behera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sai Paramount It Solutions Private Limited is Plot No-819 Near Kalika Temple Garage Chakka Old Town, India, Bhubaneswar, Orissa, 751002.

  • The corporate identification number (CIN) of Sai Paramount It Solutions Private Limited is U72200OR2011PTC013650 and the company number is 013650 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sai Paramount It Solutions Private Limited is https://www.saiparamount.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sai Paramount It Solutions Private Limited has risen by 61.54%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sai Paramount It Solutions Private Limited has experienced an upsurge of 0.02%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sai Paramount It Solutions Private Limited amount to ₹ 0.50 M.

  • The most recent Balance Sheet for Sai Paramount It Solutions Private Limited was filed with the ROC on 31 Mar 2024.