Eighteenth Parallel Technology Labs Private Limited - Company Profile

It is a information technology private limited company based in Pune, Maharashtra, India, established in 2011.

2011 Pune, Maharashtra, India Active

Last Updated: December 18, 2025

About Eighteenth Parallel Technology Labs Private Limited

Eighteenth Parallel Technology Labs Private Limited, a active private limited company, was established on 12 May 2011 in Pune, Maharashtra, India. Engaging in software development & support services within the professional, scientific and technical sector, it holds CIN: U72900PN2011PTC139536. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹0.40 M and a paid-up capital of ₹0.30 M.

It upholds a compliant status. Employing 18 professional, Its leadership includes Gajanan Balkrushna Walke (Additional Director), Nilesh Dnyaneshwar Kate (Additional Director). Past directors included Kiran Yeshwant Deshpande, Priyank Jain, Hardik Belani. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at S-1 The Metropole, Bund Garden Road,, Pune, Maharashtra, 411001.

Company Details

CIN/LLPIN
U72900PN2011PTC139536
Registration Number
139536
Incorporation Date
12 May 2011
Authorized Capital
₹0.40 M
Paid-Up Capital
₹0.30 M
ROC Code
Roc Pune
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 0.40 M as on 18-12-2025
Paid Up Capital ₹ 0.30 M as on 18-12-2025
Company Age 14 Year, 9 Months
Last Filing with ROC 31 Mar 2018
Revenue Growth **** -13.18% (FY 2018)
Profit Growth **** -128.72% (FY 2018)
Ebitda **** -67.81% (FY 2018)
Net Worth 17.55% (FY 2018)
Total Assets **** 18.77% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Eighteenth Parallel Technology Labs Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Eighteenth Parallel Technology Labs Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Gajanan Balkrushna Walke	Additional Director	26 Aug 2022	Current
Nilesh Dnyaneshwar Kate	Additional Director	26 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	26 Aug 2022	Past
Pramod Abcsdd	Nominee Director	06 Dec 2017	Past
Pramod Abcsdd	Director	31 Jul 2016	Past
Pramod Abcsdd	Director	08 Apr 2017	Past
Pramod Abcsdd	Director	09 Apr 2015	Past
Pramod Abcsdd	Nominee Director	22 Oct 2019	Past

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Financial Performance of Eighteenth Parallel Technology Labs.

Eighteenth Parallel Technology Labs Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 13.18% decrease. The company also saw a substantial fall in profitability, with a 128.72% decrease in profit. The company's net worth Soared by an impressive increase of 17.55%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-13.18%

*******

Revenue from Operations

*******

-25.79%

*******

Total Assets

*******

18.77%

*******

Profit or Loss

*******

-128.72%

*******

Net Worth

*******

17.55%

*******

EBITDA

*******

-67.81%

*******

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What is the Ownership and Shareholding Structure of Eighteenth Parallel Technology Labs?

In 2018, Eighteenth Parallel Technology Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Eighteenth Parallel Technology Labs?

Eighteenth Parallel Technology Labs has a workforce of 18 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Eighteenth Parallel Technology Labs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Eighteenth Parallel Technology Labs's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Eighteenth Parallel Technology Labs

Recent Activity within the Organization

Director Appointment

Progress on Gajanan Balkrushna Walke was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2022 & has been associated with this company since 3 years 5 months . was documented.
26 Aug 2022
Director Appointment

Nilesh Dnyaneshwar Kate was appointed as a Additional Director was appointed as a Additional Director on 26 Aug 2022 & has been associated with this company since 3 years 5 months . was recorded as a recent event.
26 Aug 2022
Annual General Meeting

The activity Eighteenth Parallel Technology Labs Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was completed.
29 Sep 2018
Balance Sheet

Eighteenth Parallel Technology Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune. was recorded as a recent event.
31 Mar 2018
Company Incorporation

Eighteenth Parallel Technology Labs Private Limited was registered on 12 May 2011 with Roc Pune & aged 14 years 9 months as per MCA records. was recorded as a recent event.
12 May 2011

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