About Parnets Digital Advertisement Private Limited (OPC)
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Parnets Digital Advertisement Private Limited (OPC) is a one person company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 29 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016OPC096825. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Praveen Kumar Tiwary and Nabeen Kumar Tiwary.
Its latest financial statements are for the year ended 31 March 2019. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.72 Lakh, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹49,168 (net margin -8.6%) and EBITDA of ₹49,074 (EBITDA margin 8.6%).
The company is associated with 1 brand: Parnets Digital Advertisements.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parnets.in.
Company details
Contact details
Parnets Digital Advertisement Private Limited (OPC)'s registered office is in Bangalore, Karnataka. Its website is parnets.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.10 1st Floor Gardenia Complex Ramaiah Layout Ramachandrapura Main Road Vidyaranyapur, A, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Parnets Digital Advertisement Private Limited (OPC), 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
Brands
Parnets Digital Advertisement Private Limited (OPC) operates one associated brand: Parnets Digital Advertisements. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers application development and hosting services. | parnets.in |
Business activity
The main business activity of Parnets Digital Advertisement Private Limited (OPC) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Parnets Digital Advertisement Private Limited (OPC), buy the company report.
Financials of Parnets Digital Advertisement Private Limited (OPC)
FY 2019 filings availableParnets Digital Advertisement Private Limited (OPC) reported revenue of ₹5.72 Lakh (up 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 340% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹5.72 Lakh | ||
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| Total Expenses | |||
| EBITDA | ₹49,074 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹49,168 | ||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 8.6% | ||
| Net Profit Margin | -8.6% | ||
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To see the full financial statements and ratios of Parnets Digital Advertisement Private Limited (OPC), buy the company report.
Board of directors of Parnets Digital Advertisement Private Limited (OPC)
Parnets Digital Advertisement Private Limited (OPC) 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 |
|---|---|---|---|---|
| Praveen Kumar Tiwary | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Nabeen Kumar Tiwary | Director | 10 Aug 2020 | 6 Years 2 Months | Current |
Shareholding
The shareholding of Parnets Digital Advertisement Private Limited (OPC) is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parnets Digital Advertisement Private Limited (OPC), buy the company report.
Legal cases
No court or tribunal cases involving Parnets Digital Advertisement Private Limited (OPC) 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 Parnets Digital Advertisement Private Limited (OPC); the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parnets Digital Advertisement Private Limited (OPC) has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parnets Digital Advertisement Private Limited (OPC), buy the company report.
Recent activity
Parnets Digital Advertisement Private Limited (OPC) has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Praveen Kumar Tiwary was appointed as Director on 01 Apr 2022.
Frequently asked questions
Parnets Digital Advertisement Private Limited (OPC) is an active company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 29 September 2016 (10+ years old) and is registered under CIN U72900KA2016OPC096825.
Parnets Digital Advertisement Private Limited (OPC) has 2 current directors:
- Praveen Kumar Tiwary - Director
- Nabeen Kumar Tiwary - Director
The latest financial statements of Parnets Digital Advertisement Private Limited (OPC) on record with the MCA are for the year ended 31 March 2019. Year-wise statements from FY 2017 are in the company report.
No. Parnets Digital Advertisement Private Limited (OPC) has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Parnets Digital Advertisement Private Limited (OPC) is U72900KA2016OPC096825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parnets Digital Advertisement Private Limited (OPC) was incorporated on 29 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Praveen Kumar Tiwary was appointed as Director on 01 Apr 2022. Prabhakar Tiwari ceased to be Director on 30 Sep 2020. Chandni Tiwari ceased to be Nominee on 29 Sep 2020. Parnets Digital Advertisement Private Limited (OPC) has 4 board changes on record in total.
Parnets Digital Advertisement Private Limited (OPC) can be reached through the website parnets.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Parnets Digital Advertisement Private Limited (OPC) is at No.10 1st Floor Gardenia Complex Ramaiah Layout Ramachandrapura Main Road Vidyaranyapur, A, Bangalore, Karnataka, India – 560097.
Parnets Digital Advertisement Private Limited (OPC) operates in the information technology industry, in the web design and maintenance services segment.