Parasol Systems Pvt Ltd
About Parasol Systems Pvt Ltd
Data last updated:
Parasol Systems Pvt Ltd is a private limited company based in Chandigarh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 September 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200CH1989PTC009729. Its GSTIN is 06AAACP9079K1ZX (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.26 Lakh. It is led by directors Amrik Singh and Jagjit Singh.
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 H No 3532 Sector 37 D Chandigarh, Chandigarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.47 Lakh, a growth of 70% compared to the previous year. For the same year it recorded a net profit of ₹1.61 Lakh (net margin 12.9%) and EBITDA of ₹2.29 Lakh (EBITDA margin 18.3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 43% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressH No 3532 Sector 37 D Chandigarh, Chandigarh, India
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Parasol Systems Pvt Ltd
The main business activity of Parasol Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Parasol Systems Pvt Ltd FY 2025 filings available
Parasol Systems Pvt Ltd reported revenue of ₹12.47 Lakh (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parasol Systems Pvt Ltd
Revenue rose 70% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 43%. EBITDA rose 56% 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 of Parasol Systems Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.61 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parasol Systems Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.9% | •••• | •••• | •••• | •••• |
| 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 Parasol Systems are in the company report.
Financial statements from 2015
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 Parasol Systems Pvt Ltd
Parasol Systems Pvt Ltd is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ridge Infosoft Private Limited | ₹12.51 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| Intrxn Technolabs Private Limited | ₹12.5 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Nagpur, Maharashtra, India |
| Chaneep Web Services Private Limited | ₹12.5 Lakh (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Seventh August IT Services Private Limited | ₹12.5 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Volio Technologies Limited | ₹12.47 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Parasol Systems Pvt Ltd this company | ₹12.47 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Chandigarh, India |
| Pearl Internet Company Private Limited | ₹12.46 Lakh (FY 2025) | •••• | •••• | 63.0% | •••• | Uttar Pradesh, India |
| Teqwire Solutions Private Limited | ₹12.41 Lakh (FY 2021) | •••• | •••• | •••• | Malappuram, Kerala, India | |
| Peppy Tots Studio (OPC) Private Limited | ₹12.41 Lakh (FY 2019) | •••• | •••• | -40.0% | •••• | Manikonda Main Road, Telangana, India |
| Calf Equipments Private Limited | ₹12.38 Lakh (FY 2023) | •••• | •••• | -94.0% | •••• | Chennai, Tamil Nadu, India |
| Cloudzilla India Private Limited | ₹12.38 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Parasol Systems by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parasol Systems Pvt Ltd
Parasol Systems Pvt Ltd is audited by SUDESH KUMAR VERMA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUDESH KUMAR VERMA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parasol Systems Pvt Ltd
Parasol Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amrik Singh Also directs: Global Epurchase Private Limited | Director | 25 Sep 1989 | 37 Years 0 Months | Current |
| Jagjit Singh | Director | 25 Sep 1989 | 37 Years 0 Months | Current |
Ownership and Shareholding of Parasol Systems Pvt Ltd
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 Parasol Systems Pvt Ltd
Parasol Systems Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parasol Systems Pvt Ltd
Employment history and EPFO contributions of people linked to Parasol Systems.
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 Parasol Systems Pvt Ltd
Parasol Systems Pvt Ltd has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Ranjit Singh ceased to be Director on 20 Aug 2011.
Credit Ratings, Litigation & Regulatory Alerts for Parasol Systems Pvt Ltd
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 Parasol Systems Pvt Ltd
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 Parasol Systems Pvt Ltd
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 Parasol Systems Pvt Ltd
Parasol Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACP9079K1ZX | Haryana | Active | 23 Feb 2024 |
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 Parasol Systems Pvt Ltd
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 Parasol Systems Pvt Ltd
Parasol Systems is an active private limited company based in Chandigarh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 September 1989 (37+ years old) and is registered under CIN U72200CH1989PTC009729.
Parasol Systems reported revenue of ₹12.47 Lakh for FY 2025 (up 70% YoY).
Parasol Systems has 2 current directors:
- Amrik Singh - Director
- Jagjit Singh - Director
Parasol Systems reported a net profit of ₹1.61 Lakh (net margin 12.9%) and EBITDA of ₹2.29 Lakh (EBITDA margin 18.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parasol Systems is 41% over three years and -43% over five years. In the latest year (FY 2025) revenue rose 70%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parasol Systems is 06AAACP9079K1ZX, registered in Haryana. 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 Parasol Systems is U72200CH1989PTC009729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parasol Systems was incorporated on 25 September 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Parasol Systems by revenue are Ridge Infosoft Private Limited, Intrxn Technolabs Private Limited, Chaneep Web Services Private Limited, Seventh August IT Services Private Limited, Volio Technologies Limited and 5 more, all in the Information Technology industry (Application Development).
Ranjit Singh ceased to be Director on 20 Aug 2011. Surinder Kaur Dudeja ceased to be Director on 20 Aug 2011. Amrik Singh was appointed as Director on 25 Sep 1989. Parasol Systems has 4 board changes on record in total.
The registered office of Parasol Systems is at H No 3532 Sector 37 D Chandigarh, Chandigarh, India.