About Palmpower India Handheld Applications Private Limited
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Palmpower India Handheld Applications Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the healthtech and medical tech solutions segment of the healthcare sector. It was incorporated on 01 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2005PTC037111. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹98.17 Lakh. It was formerly known as Tradeportal Software India Private Limited and Tradeportal Software India Private Limit Ed. It is led by directors Chandrasekaran Parasuram and Ravichandran Natarajan.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.287 Ganeshan Mane 9th Cross Near Chandra Layout Bapuji Layout Vijayanagara, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.8 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹22.57 Lakh (net margin -470.2%) and EBITDA of -₹5.14 Lakh (EBITDA margin -107.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website palmpower.health.
Company details
Name history
Palmpower India Handheld Applications has undergone 2 name changes throughout its history. The company was previously known as Tradeportal Software India Private Limited, and Tradeportal Software India Private Limit Ed. The current legal name is Palmpower India Handheld Applications Private Limited.
| Company Name | Status |
|---|---|
| Palmpower India Handheld Applications Private Limited | Current |
| Tradeportal Software India Private Limited | Previous |
| Tradeportal Software India Private Limit Ed | Previous |
Contact details
Palmpower India Handheld Applications Private Limited's registered office is in Bangalore, Karnataka. Its website is palmpower.health. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.287 Ganeshan Mane 9th Cross Near Chandra Layout Bapuji Layout Vijayanagara, Bangalore, Karnataka, India – 560040
- IndustryHealthcare, HealthTech & Medical Tech Solutions
To see the full contact details of Palmpower India Handheld Applications Private 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 Palmpower India Handheld Applications is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Palmpower India Handheld Applications Private Limited, buy the company report.
Financials of Palmpower India Handheld Applications Private Limited
FY 2025 filings availablePalmpower India Handheld Applications Private Limited reported revenue of ₹4.8 Lakh (down 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 61% fall in the latest year. EBITDA fell 154% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹5.14 Lakh | ||||
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| Net Profit (PAT) | -₹22.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -107.2% | ||||
| Net Profit Margin | -470.2% | ||||
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To see the full financial statements and ratios of Palmpower India Handheld Applications Private Limited, buy the company report.
Board of directors of Palmpower India Handheld Applications Private Limited
Palmpower India Handheld Applications has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran Parasuram | Director | 25 Mar 2006 | 20 Years 7 Months | Current |
| Ravichandran Natarajan Also directs: Palmpower Health Networks Private Limited | Director | 01 Sep 2005 | 21 Years 1 Months | Current |
Auditor
Palmpower India Handheld Applications Private Limited is audited by CHANDRAN & RAMAN for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRAN & RAMAN | FY 2022 | 000571S |
Shareholding
The shareholding of Palmpower India Handheld Applications Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Palmpower India Handheld Applications Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palmpower India Handheld Applications Private 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 Palmpower India Handheld Applications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Palmpower India Handheld Applications 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 Palmpower India Handheld Applications Private Limited, buy the company report.
Recent activity
Palmpower India Handheld Applications Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: David Parker Smithey ceased to be Director on 11 Mar 2010.
Frequently asked questions
Palmpower India Handheld Applications is an active private limited company based in Bangalore, Karnataka, India. The company works in healthtech and medical tech solutions, within the healthcare industry. It was incorporated on 01 September 2005 (21+ years old) and is registered under CIN U72200KA2005PTC037111.
Palmpower India Handheld Applications has 2 current directors:
- Chandrasekaran Parasuram - Director
- Ravichandran Natarajan - Director
The latest financial statements of Palmpower India Handheld Applications on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
No. Palmpower India Handheld Applications has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Palmpower India Handheld Applications is U72200KA2005PTC037111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palmpower India Handheld Applications was incorporated on 01 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
David Parker Smithey ceased to be Director on 11 Mar 2010. Chandrasekaran Parasuram was appointed as Director on 25 Mar 2006. Ravichandran Natarajan was appointed as Director on 01 Sep 2005.
Palmpower India Handheld Applications can be reached through the website palmpower.health. Its registered office is in Bangalore, Karnataka, India.
The registered office of Palmpower India Handheld Applications is at No.287 Ganeshan Mane 9th Cross Near Chandra Layout Bapuji Layout Vijayanagara, Bangalore, Karnataka, India – 560040.
Palmpower India Handheld Applications operates in the healthcare industry, in the healthtech and medical tech solutions segment.
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