MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0123531
Parablu Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.89 Cr
▲ 9% YoY
Net loss · FY 2024
₹78.27 Lakh
Net margin -11.4%
EBITDA · FY 2024
-₹68.89 Lakh
EBITDA margin -10%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
14 yrs
Est. 2012
Employees · EPFO
36
Provident fund records
Directors on board
2
As per MCA filings
About Parablu Systems Private Limited
Data last updated:
Parablu Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the cloud computing and cloud services segment of the technology and IT services sector. It was incorporated on 08 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2012PTC062454. Its GSTIN is 29AAGCP4947G1Z1 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Richard Daniel Summers and Subash Baliga.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.89 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹78.27 Lakh (net margin -11.4%) and EBITDA of -₹68.89 Lakh (EBITDA margin -10%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 18% over five years.
The company has about 36 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parablu.
Parablu Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0123531). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parablu.com.
Company details
CIN U72200KA2012PTC062454
Registration Number 062454
Incorporation Date 08 February 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0123531
Recognitions & Rankings of Parablu Systems
Contact details
Parablu Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is parablu.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst And Second Floor Municipal No. 433 Gr Plaza Section – IV Hosur Sarajapur Road Layout, (Agara), Bangalore, Karnataka, India – 560102
- IndustryInformation Technology, Cloud Computing & Cloud Services, Database Management & Solutions
To see the full contact details of Parablu Systems Private Limited, buy the company report.
Comprehensive company report
Parablu Systems Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Parablu Systems operates one associated brand: Parablu. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Data security and backup solutions are provided for enterprises. | parablu.com |
Business activity
The main business activity of Parablu Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Parablu Systems Private Limited, buy the company report.
Financials of Parablu Systems Private Limited
FY 2025 filings availableParablu Systems Private Limited reported revenue of ₹6.89 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹6.89 Cr ▲ 9%
Net loss · FY 2024
₹78.27 Lakh margin -11.4%
EBITDA · FY 2024
-₹68.89 Lakh margin -10%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 72%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 360%
3 years · compounded
▲ 18%
5 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 9% growth in the latest year. EBITDA fell 360% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹68.89 Lakh | ||||
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| Net Profit (PAT) | -₹78.27 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -10% | ||||
| Net Profit Margin | -11.4% | ||||
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To see the full financial statements and ratios of Parablu Systems Private Limited, buy the company report.
Board of directors of Parablu Systems Private Limited
Parablu Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Daniel Summers | Director | 28 Sep 2024 | 2 Years 0 Months | Current |
| Subash Baliga Also directs: Kitchnza Foods and Hospitality Private Limited | Director | 28 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Parablu Systems Private Limited is audited by H.N.S. RAO AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.N.S. RAO AND CO. | FY 2023 | 003129S |
Shareholding
The shareholding of Parablu Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parablu Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Parablu Systems 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 Parablu Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parablu Systems Private Limited has a workforce of 36 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
36
Active EPFO establishments
1
Employee growth
16.13%
GST
Parablu Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCP4947G1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parablu Systems Private Limited, buy the company report.
Recent activity
Parablu Systems Private Limited has 8 board changes on record since 2012: 3 appointments and 5 cessations. The latest: Richard Daniel Summers was appointed as Director on 28 Sep 2024.
AGM
Parablu Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parablu Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Richard Daniel Summers was appointed as Director.
Ceased
Richard Daniel Summers ceased to be Additional Director.
Appointed
Subash Baliga was appointed as Director.
Ceased
Subash Baliga ceased to be Additional Director.
Ceased
Veenatejaswini Ramachandra Prahlad ceased to be Director.
Ceased
Vikram Rajesh Pawar ceased to be Additional Director.
Ceased
Subramanian Kameswaran ceased to be Additional Director.
Appointed
Veenatejaswini Ramachandra Prahlad was appointed as Director.
Incorporation
08 Feb 2012
Parablu Systems Private Limited was registered on 08 Feb 2012 with Roc Bangalore & aged 14 years 8 months as per MCA records.
News
Frequently asked questions
Parablu Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in cloud computing and cloud services, within the information technology industry. It was incorporated on 08 February 2012 (14+ years old) and is registered under CIN U72200KA2012PTC062454.
Parablu Systems has 2 current directors:
- Richard Daniel Summers - Director
- Subash Baliga - Director
The latest financial statements of Parablu Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parablu Systems is 29AAGCP4947G1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Parablu Systems is U72200KA2012PTC062454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parablu Systems was incorporated on 08 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Richard Daniel Summers was appointed as Director on 28 Sep 2024. Richard Daniel Summers ceased to be Additional Director on 28 Sep 2024. Subash Baliga was appointed as Director on 28 Sep 2024. Parablu Systems has 8 board changes on record in total.
Yes, Parablu Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0123531).
Parablu Systems can be reached through the website parablu.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Parablu Systems is at First And Second Floor Municipal No. 433 Gr Plaza Section – IV Hosur Sarajapur Road Layout, Agara, Bangalore, Karnataka, India – 560102.