About Parinee
Parinee is a company based in Mumbai (India) founded in 1963. Multi-specialty hospital care is provided across various medical fields. The company has 20 employees. Its Indian entity Parinee Realty Private Limited reported revenue of ₹93.55 Cr.
Company details
Parinee was founded in 1963 in Mumbai, India, and operates in the healthcare sector as a multi-specialty hospital. Services are delivered in cardiology, neurology, orthopedics, gastroenterology, and other areas including inpatient and outpatient care, diagnostic testing, and treatments. On-site facilities such as a blood bank and pharmacy are maintained to support operations.
- Headquarters Mumbai, India
- Employees 20
- Email••••••••
- Phone•••• ••••
- Website parinee.com
- Social X Facebook
- Legal Name Parinee Realty Private Limited
- Date of Incorporation 05 Mar, 1998
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹93.55 Cr
FY 2021 · -35% YoY
- Net Loss-₹155 Cr
FY 2021 · -161% margin
- EBITDA-₹102 Cr
FY 2021 · -106% margin
- Latest Funding Round$51.41M (USD), Debt – Conventional
Jan 2017
- InvestorsIIFL Finance
& 1 more
- Employee Count20
Associated legal entities of Parinee
Parinee operates through Parinee Realty Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parinee Realty Private Limited CIN U45200MH1998PTC113833 | Active | 05 Mar 1998 | Mumbai, Maharashtra | ₹93.5 Cr | 20 | 2 | View details |
Funding Insights of Parinee
- Total Rounds 2
- Last Round Debt – Conventional — $51.41M
- First Round $16.41M
(Sep 2014)
- Investors Count 2
All 2 funding rounds of Parinee with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2017 | $51.41M | Debt – Conventional | – | – | |
| Sep 2014 | $16.41M | Debt – Conventional | – | – |
2 investors in total: 2 institutional.
Investors in Parinee
Parinee has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include IIFL Finance and Edelweiss Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management, SME loans, and insurance services are provided. | 1995 | edelweissfin.com | Mumbai, India | |
Online gold, home, personal, and business loans are provided. | 1995 | iifl.com | Mumbai, India |
Investor details for Parinee
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- Complete investor list
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Board of directors of Parinee Realty Private Limited (Parinee)
Parinee Realty Private Limited is the primary company behind Parinee. The board of Parinee Realty Private Limited currently have 2 directors; the longest-serving is Vipul Dilip Shah, appointed in 1998. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vipul Dilip Shah DIN 00170778 | Director | 15 Mar 1998 | 28 yrs 7 mo | Parinee Realty Private Limited |
| Dhaval Dilipbhai Shah DIN 00154843 | Director | 15 Dec 2005 | 20 yrs 10 mo | Parinee Realty Private Limited |
Financials of Parinee
Figures of Parinee Realty Private Limited, the primary company behind Parinee, for FY 2021. Revenue was ₹93.55 Cr (-35% year on year). Net loss was -₹155 Cr (-161% margin). EBITDA was -₹102 Cr (-106% margin). Revenue has grown at a compounded annual rate of -31% over three years and -7% over five years.
- ₹93.55 CrRevenue · FY 2021 · -35% YoY
- -₹155 CrNet loss · -161% margin
- -₹102 CrEBITDA · -106% margin
- ₹17.00 CrPaid-up capital
- 20Employees (provident fund records)
- -31%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Parinee Realty Private Limited are on its company page.
Detailed financial statements for Parinee
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Parinee
3 dated milestones of Parinee across 54 years, from founding to its latest funding, stage changes and deals.
- Founded Parinee is founded.
- Funding First funding round of $16.4M.
- Funding Latest funding round, Debt – Conventional, of $51.4M.
Web traffic of Parinee
The website of Parinee (parinee.com) receives about 2K visits a month.
- Monthly visits2K
▲ 31% vs previous month
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Frequently Asked Questions about Parinee
Parinee was founded in 1963 and raised its 1st funding round 51 years after it was founded.
Parinee is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Parinee has 20 employees.
The primary company behind Parinee, Parinee Realty Private Limited, reported revenue of ₹93.55 Cr for FY 2021, down 35% year on year.
Parinee was founded in 1963 in Mumbai, India, and operates in the healthcare sector as a multi-specialty hospital. Services are delivered in cardiology, neurology, orthopedics, gastroenterology, and other areas including inpatient and outpatient care, diagnostic testing, and treatments. On-site facilities such as a blood bank and pharmacy are maintained to support operations.
Parinee has 2 investors. Key investors include IIFL Finance, and Edelweiss Finance.
Parinee operates through Parinee Realty Private Limited.
The legal entities of Parinee currently have 2 directors, including Dhaval Dilipbhai Shah, Vipul Dilip Shah.