Paramount Corporate Network Limited
About Paramount Corporate Network Limited
Data last updated:
Paramount Corporate Network Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 08 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PLC018000. Its GSTIN is 29AABCP0881G2ZC (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Suresh Santhanam (Managing Director) and Lakshmipuram Sudararaj Ramesh.
Its last annual general meeting (AGM) was held on 30 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 113 2nd Floor 2nd Main Road Seshadripuram Bangalore., Karnataka, India – 560020.
As per the financials filed for FY 2024, the company reported a revenue of ₹19,112, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹19,357 (net margin -101.3%) and EBITDA of ₹8,640 (EBITDA margin 45.2%). Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 68% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Paramount Corporate Network has one previous CIN (Corporate Identification Number): U74140KA1995PTC018000. The current CIN is U85110KA1995PLC018000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PLC018000 | Current |
| U74140KA1995PTC018000 | Previous |
Contact details
Paramount Corporate Network Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address113 2nd Floor 2nd Main Road Seshadripuram Bangalore., Karnataka, India – 560020
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Paramount Corporate Network 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 Paramount Corporate Network 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 Paramount Corporate Network Limited, buy the company report.
Financials of Paramount Corporate Network Limited
FY 2024 filings availableParamount Corporate Network Limited reported revenue of ₹19,112 (down 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years, including a 91% fall in the latest year. EBITDA rose 176% 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 |
|---|---|---|---|---|---|
| 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 | ₹8,640 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19,357 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 45.2% | ||||
| Net Profit Margin | -101.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Paramount Corporate Network Limited, buy the company report.
Board of directors of Paramount Corporate Network Limited
Paramount Corporate Network has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmipuram Sudararaj Ramesh | Director | 30 Sep 2004 | 22 Years 1 Months | Current |
| Suresh Santhanam Also directs: Breadcrumb Digital LLP, Tempest Analytics Private Limited | Managing Director | 26 Jun 1995 | 31 Years 4 Months | Current |
| Kamala Subramanyan | Director | 01 Sep 2004 | 22 Years 2 Months | Current |
Auditor
Paramount Corporate Network Limited is audited by M. K. Dandeker & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. K. Dandeker & Co. | FY 2015 |
Shareholding
The shareholding of Paramount Corporate Network Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paramount Corporate Network Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paramount Corporate Network 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 Paramount Corporate Network Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Paramount Corporate Network Limited has a workforce of 1 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Paramount Corporate Network has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP0881G2ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paramount Corporate Network Limited, buy the company report.
Recent activity
Paramount Corporate Network Limited has 3 board changes on record since 1995: 3 appointments. The latest: Lakshmipuram Sudararaj Ramesh was appointed as Director on 30 Sep 2004.
Frequently asked questions
Paramount Corporate Network is an active public limited company based in Bangalore, Karnataka, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 08 June 1995 (31+ years old) and is registered under CIN U85110KA1995PLC018000.
Paramount Corporate Network has 3 current directors:
- Suresh Santhanam - Managing Director
- Lakshmipuram Sudararaj Ramesh - Director
- Kamala Subramanyan - Director
The latest financial statements of Paramount Corporate Network on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Paramount Corporate Network is 29AABCP0881G2ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paramount Corporate Network is U85110KA1995PLC018000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paramount Corporate Network was incorporated on 08 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Lakshmipuram Sudararaj Ramesh was appointed as Director on 30 Sep 2004. Kamala Subramanyan was appointed as Director on 01 Sep 2004. Suresh Santhanam was appointed as Managing Director on 26 Jun 1995.
The registered office of Paramount Corporate Network is at 113 2nd Floor 2nd Main Road Seshadripuram Bangalore., Karnataka, India – 560020.
Paramount Corporate Network operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
The compliance status of Paramount Corporate Network is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
