Panache Software and Services Private Limited
About Panache Software and Services Private Limited
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Panache Software and Services Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 March 2017.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2017PTC096579.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Khushali Achyut Kanabar and Achyut Rameshchandra Kanabar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Office No 204 Signature 1 S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.53 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Lakh (net margin 0.7%) and EBITDA of -₹1.51 Cr (EBITDA margin -98.7%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
Company details
Contact details
Panache Software and Services Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No 204 Signature 1 S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Panache Software and Services 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 Panache Software and Services 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 Panache Software and Services Private Limited, buy the company report.
Financials of Panache Software and Services Private Limited
FY 2024 filings availablePanache Software and Services Private Limited reported revenue of ₹1.53 Cr (down 12% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 16%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹1.53 Cr | ||||
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| EBITDA | -₹1.51 Cr | ||||
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| Net Profit (PAT) | ₹1.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -98.7% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Panache Software and Services Private Limited, buy the company report.
Board of directors of Panache Software and Services Private Limited
Panache Software and Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushali Achyut Kanabar | Director | 29 Mar 2017 | 9 Years 6 Months | As last reported |
| Achyut Rameshchandra Kanabar Also directs: Pos Monkey Private Limited | Director | 29 Mar 2017 | 9 Years 6 Months | As last reported |
Legal cases
No court or tribunal cases involving Panache Software and Services 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 Panache Software and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Panache Software and Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Panache Software and Services Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Achyut Rameshchandra Kanabar was appointed as Director on 29 Mar 2017.
Frequently asked questions
Panache Software and Services 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.
Panache Software and Services was a private limited company based in Ahmedabad, Gujarat, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 29 March 2017 and is registered under CIN U72200GJ2017PTC096579. The company has been struck off by the Registrar of Companies and is no longer operational.
Panache Software and Services had 2 directors:
- Khushali Achyut Kanabar - Director
- Achyut Rameshchandra Kanabar - Director
The CIN (Corporate Identification Number) of Panache Software and Services is U72200GJ2017PTC096579. 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 Panache Software and Services is at Office No 204 Signature 1 S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051.
Panache Software and Services was incorporated on 29 March 2017. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Panache Software and Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
Panache Software and Services operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
Achyut Rameshchandra Kanabar was appointed as Director on 29 Mar 2017. Khushali Achyut Kanabar was appointed as Director on 29 Mar 2017.
The compliance status of Panache Software and Services is compliant as of 03 September 2026.