Panaceea Infosolutions Private Limited
About Panaceea Infosolutions Private Limited
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Panaceea Infosolutions Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 31 March 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2010PTC201491. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vivek Vidyadhar Patil and Snehal Vivek Patil.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Snehdharabco – Ophousingsoceityltd.Natwarnagar Roadno.5 Jogeshwari(E), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.24 Lakh. For the same year it recorded a net profit of ₹4,872 (net margin 3.9%) and EBITDA of ₹7,209 (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 69% over three years.
Company details
Contact details
Panaceea Infosolutions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSnehdharabco – Ophousingsoceityltd.Natwarnagar Roadno.5 Jogeshwari(E), Mumbai, Maharashtra, India – 400060
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Panaceea Infosolutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Panaceea Infosolutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Panaceea Infosolutions Private Limited, buy the company report.
Financials of Panaceea Infosolutions Private Limited
FY 2017 filings availablePanaceea Infosolutions Private Limited reported revenue of ₹1.24 Lakh for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 69% over three years. EBITDA rose 127% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹7,209 | ||
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| Net Profit (PAT) | ₹4,872 | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||
| EBITDA Margin | 5.8% | ||
| Net Profit Margin | 3.9% | ||
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To see the full financial statements and ratios of Panaceea Infosolutions Private Limited, buy the company report.
Board of directors of Panaceea Infosolutions Private Limited
Panaceea Infosolutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Vidyadhar Patil Also directs: Maxm1y Fintech Private Limited, Maxfolio Fintech Private Limited, Shvetank Suncity Infra Private Limited and 1 more | Director | 31 Mar 2010 | 16 Years 6 Months | As last reported |
| Snehal Vivek Patil Also directs: Shvetank Suncity Infra Private Limited | Director | 31 Mar 2010 | 16 Years 6 Months | As last reported |
Auditor
Panaceea Infosolutions Private Limited is audited by V. B. GAVKARE & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. B. GAVKARE & ASSOCIATES | FY 2016 |
Shareholding
The shareholding of Panaceea Infosolutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Panaceea Infosolutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panaceea Infosolutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Panaceea Infosolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panaceea Infosolutions Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Panaceea Infosolutions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panaceea Infosolutions Private Limited, buy the company report.
Recent activity
Panaceea Infosolutions Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Snehal Vivek Patil was appointed as Director on 31 Mar 2010.
Frequently asked questions
Panaceea Infosolutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Panaceea Infosolutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 31 March 2010 and is registered under CIN U72900MH2010PTC201491. The company has been struck off by the Registrar of Companies and is no longer operational.
Panaceea Infosolutions had 2 directors:
- Vivek Vidyadhar Patil - Director
- Snehal Vivek Patil - Director
The CIN (Corporate Identification Number) of Panaceea Infosolutions is U72900MH2010PTC201491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Panaceea Infosolutions is at Snehdharabco – Ophousingsoceityltd.Natwarnagar Roadno.5 JogeshwariE, Mumbai, Maharashtra, India – 400060.
Panaceea Infosolutions was incorporated on 31 March 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Panaceea Infosolutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Panaceea Infosolutions has 1 GST registration on record and it is cancelled or inactive.
Panaceea Infosolutions operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.
Snehal Vivek Patil was appointed as Director on 31 Mar 2010. Vivek Vidyadhar Patil was appointed as Director on 31 Mar 2010.