Parallel Internet (India) Private Limited
About Parallel Internet (India) Private Limited
Data last updated:
Parallel Internet (India) Private Limited is a foreign private limited company based in Delhi, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 01 November 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2022FTC406397.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000. It is led by directors including Surja Sarkar and Thomas Skinner.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 256 Vardhman City Lsc Sindhora Kalan Near Shakti Nagar Railway Under Bridge, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹95.89 Lakh, a growth of 61% compared to the previous year. For the same year it recorded a net loss of ₹5.29 Lakh (net margin -5.5%) and EBITDA of -₹1.37 Lakh (EBITDA margin -1.4%).
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address256 Vardhman City Lsc Sindhora Kalan Near Shakti Nagar Railway Under Bridge, Delhi, India – 110052
- IndustryInformation Technology, Other 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
Business Activity of Parallel Internet (India) Private Limited
The main business activity of Parallel Internet (India) is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parallel Internet (India) Private Limited FY 2025 filings available
Parallel Internet (India) Private Limited reported revenue of ₹95.89 Lakh (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parallel Internet (India) Private Limited
Revenue rose 61% in the latest year. EBITDA fell 137% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Parallel Internet (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹1.37 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.29 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Parallel Internet (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.4% | •••• | •••• |
| Net Profit Margin | -5.5% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net 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 AOC-4. The full year-wise statements and ratios of Parallel Internet (India) are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Parallel Internet (India) Private Limited
Parallel Internet (India) Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jivin Engineering Solutions Private Limited | ₹95.97 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Sriyam Technologies Private Limited | ₹95.97 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Nester's Hub Private Limited | ₹95.94 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Bangalore, Karnataka, India |
| Innovizia Technologies Private Limited | ₹95.92 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Mumbai, Maharashtra, India |
| Guruch Software Solutions Private Limited | ₹95.9 Lakh (FY 2025) | •••• | •••• | 255.0% | •••• | Gurgaon, Haryana, India |
| Parallel Internet (India) Private Limited this company | ₹95.89 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Delhi, India |
| Futuretek AI Solutions Private Limited | ₹95.88 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Hyderabad, Telangana, India |
| Code Decode Labs Private Limited | ₹95.87 Lakh (FY 2021) | •••• | •••• | -2.0% | •••• | Pune, Maharashtra, India |
| Awako.Ai Private Limited | ₹95.86 Lakh (FY 2025) | •••• | •••• | -54.0% | •••• | Bangalore, Karnataka, India |
| G-It Consulting Private Limited | ₹95.86 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Fuera Global Services Private Limited | ₹95.86 Lakh (FY 2025) | •••• | •••• | 111.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Parallel Internet (India) by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Parallel Internet (India) Private Limited
Parallel Internet (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surja Sarkar | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Thomas Skinner | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
| Keith Sean Wood | Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Charges & Borrowings of Parallel Internet (India) Private Limited
Parallel Internet (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Internet (India) Private Limited
Employment history and EPFO contributions of people linked to Parallel Internet (India).
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 Parallel Internet (India) Private Limited
Parallel Internet (India) Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Keith Sean Wood was appointed as Director on 01 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Parallel Internet (India) Private Limited
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 Parallel Internet (India) Private Limited
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 Parallel Internet (India) Private Limited
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 Parallel Internet (India) Private Limited
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 Parallel Internet (India) Private Limited
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 Parallel Internet (India) Private Limited
Parallel Internet (India) is an active foreign private limited company based in Delhi, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 01 November 2022 (4+ years old) and is registered under CIN U72900DL2022FTC406397.
Parallel Internet (India) reported revenue of ₹95.89 Lakh for FY 2025 (up 61% YoY).
Parallel Internet (India) has 3 current directors:
- Surja Sarkar - Director
- Thomas Skinner - Director
- Keith Sean Wood - Director
Parallel Internet (India) reported a net loss of ₹5.29 Lakh (net margin -5.5%) and EBITDA of -₹1.37 Lakh (EBITDA margin -1.4%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Parallel Internet (India) is U72900DL2022FTC406397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallel Internet (India) was incorporated on 01 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Parallel Internet (India) by revenue are Jivin Engineering Solutions Private Limited, Sriyam Technologies Private Limited, Nester's Hub Private Limited, Innovizia Technologies Private Limited, Guruch Software Solutions Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Keith Sean Wood was appointed as Director on 01 Nov 2022. Surja Sarkar was appointed as Director on 01 Nov 2022. Thomas Skinner was appointed as Director on 01 Nov 2022.
The registered office of Parallel Internet (India) is at 256 Vardhman City Lsc Sindhora Kalan Near Shakti Nagar Railway Under Bridge, Delhi, India – 110052.
Parallel Internet (India) has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1,000.
Parallel Internet (India) operates in the information technology industry, in the other computer related activities segment.