Parachoon Technology LLP
About Parachoon Technology LLP
Data last updated:
Parachoon Technology LLP is a limited liability partnership (LLP) based in Patiala, Punjab, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 28 June 2020 and has been in existence for over 6 years.
The LLP is registered with the Registrar of Companies (ROC), Chandigarh, under LLPIN AAS-7216. Its GSTIN is 03AAYFP9722C1Z0 (Punjab).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Narinder Kumar Jain and Karan Jain.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at H.No. 721st. No. 7 Guru Nanak, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹13.83 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹3.49 Lakh (net margin -25.3%) and EBITDA of -₹2.42 Lakh (EBITDA margin -17.5%).
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- Registered AddressH.No. 721st. No. 7 Guru Nanak, Patiala, Punjab, India – 147001
- IndustryInformation Technology, Computer Related Activities
- 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
- One PDF report, delivered after checkout
Financials of Parachoon Technology LLP FY 2025 filings available
Parachoon Technology LLP reported revenue of ₹13.83 Lakh (down 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parachoon Technology LLP
Revenue fell 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Parachoon Technology LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ₹13.83 Lakh | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹3.49 Lakh | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Parachoon Technology LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -25.3% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Parachoon Technology are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Designated Partners of Parachoon Technology LLP
Parachoon Technology has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narinder Kumar Jain | Designated Partner | 28 Jun 2020 | 6 Years 3 Months | Current |
| Karan Jain | Designated Partner | 28 Jun 2020 | 6 Years 3 Months | Current |
| Amita Jain | Designated Partner | 03 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Parachoon Technology LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parachoon Technology LLP
Parachoon Technology LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parachoon Technology LLP
Employment history and EPFO contributions of people linked to Parachoon Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Parachoon Technology LLP
Parachoon Technology LLP has 3 designated partner changes on record since 2020: 3 appointments. The latest: Amita Jain was appointed as Designated Partner on 03 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Parachoon Technology LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parachoon Technology LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parachoon Technology LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parachoon Technology LLP
Parachoon Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAYFP9722C1Z0 | Punjab | Active | 31 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parachoon Technology LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parachoon Technology LLP
Parachoon Technology is an active limited liability partnership based in Patiala, Punjab, India. The LLP works in computer related activities, within the information technology industry. It was incorporated on 28 June 2020 (6+ years old) and is registered under LLPIN AAS-7216.
Parachoon Technology reported revenue of ₹13.83 Lakh for FY 2024 (down 47% YoY).
Parachoon Technology has 3 current designated partners:
- Narinder Kumar Jain - Designated Partner
- Karan Jain - Designated Partner
- Amita Jain - Designated Partner
Parachoon Technology reported a net loss of ₹3.49 Lakh (net margin -25.3%) and EBITDA of -₹2.42 Lakh (EBITDA margin -17.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Parachoon Technology is 03AAYFP9722C1Z0, registered in Punjab.
The LLPIN (Limited Liability Partnership Identification Number) of Parachoon Technology is AAS-7216. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Parachoon Technology was incorporated on 28 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chandigarh.
Amita Jain was appointed as Designated Partner on 03 Dec 2024. Karan Jain was appointed as Designated Partner on 28 Jun 2020. Narinder Kumar Jain was appointed as Designated Partner on 28 Jun 2020.
The registered office of Parachoon Technology is at H.No. 721st. No. 7 Guru Nanak, Patiala, Punjab, India – 147001.
The total obligation of contribution is ₹1 Lakh.