About Panac Systems Private Limited
Data last updated: 25 December 2025
Panac Systems Private Limited is a private limited company based in Thalaserry, Kerala, India, recognised as a startup by DPIIT. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It specialises in computer and IT-related services, a part of the broader technology and IT services sector. Incorporated on 27 July 2020, the company has been in operation for over 6 years.
Registered with ROC Ernakulam under CIN U72900KL2020PTC063240.
Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Mannembeth Keettukandy Sreeranjini and Prabin Bavukka Parakandy.
Last AGM: 18 September 2025. Financial statements filed for year ended 31 March 2025. Office: 47/302 Zaheera Comlpex Opp: Fire Station Gundert Road, Thalaserry, Kerala, India – 670101.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.89 Lakh, reflecting significant growth compared to the previous year.
The company is associated with 2 brands - Panac Systems, Odikko.
The company is under the process of being struck off by the Registrar of Companies. This typically indicates non-filing of statutory returns, and the company may soon cease to exist as a legal entity. The last known website on record is panacsystems.com.
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Registered Address47/302 Zaheera Comlpex Opp: Fire Station Gundert Road, Thalaserry, Kerala, India – 670101
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IndustryInformation Technology, Other Computer Related Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Panac Systems Private Limited
Panac Systems Private Limited operates two associated brands: Panac Systems and ODIKKO. These brands represent Panac Systems Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers a comprehensive suite of IT services to support daily business operations. | panacsystems.com | |
| Online marketplace for local sellers offering products and services through an app. | odikko.com |
Competitors & Alternatives of Panac Systems Private Limited
Brands and companies operating in the same space as Panac Systems Private Limited include Swiggy, Bigbasket, Blinkit and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Swiggy
|
Food and grocery items are ordered via an online network. | Bengaluru, India, India | 2014 |
Bigbasket
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Personal and household products are delivered via an e-commerce platform. | Bengaluru, India, India | 2011 |
Blinkit
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Instant delivery of groceries and essentials is facilitated online. | Gurugram, India, India | 2013 |
Happiest Minds
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IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
Dunzo
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Operates an on-demand hyperlocal delivery app for food and groceries. | Bengaluru, India, India | 2014 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Board of Directors of Panac Systems Private Limited
Panac Systems Private Limited is governed by 2 directors who oversee the company's operations and strategic decisions.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mannembeth Keettukandy Sreeranjini | Director | 27 Jul 2020 | 6 Years 0 Months | Current |
| Prabin Bavukka Parakandy | Managing Director | 27 Jul 2020 | 6 Years 0 Months | Current |
Financials of Panac Systems Private Limited FY 2025 filings available
Panac Systems Private Limited reported revenue of ₹5.89 Lakh (up 298.85% YoY) for FY 2022.
Ten-year financial statements for Panac Systems Private Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Panac Systems Private Limited
Shareholding and ownership data for Panac Systems Private Limited
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Charges & Borrowings Panac Systems Private Limited
Panac Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panac Systems Private Limited
Panac Systems Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history for Panac Systems Private Limited
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GST Compliance of Panac Systems Private Limited
GST registrations and filing compliance for Panac Systems Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Panac Systems Private Limited
Credit ratings, litigation, and regulatory alerts for Panac Systems Private Limited
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MSME Payment Delays by Panac Systems Private Limited
MSME payment history for Panac Systems Private Limited
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Subsidiaries & Group Companies of Panac Systems Private Limited
Corporate group structure for Panac Systems Private Limited
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MCA Filings & Documents of Panac Systems Private Limited
MCA filings and documents for Panac Systems Private Limited
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Recent Activity on Panac Systems Private Limited
Frequently Asked Questions about Panac Systems Private Limited
Panac Systems Private Limited is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Panac Systems Private Limited is a company pending strike off, currently registered as a private limited company in the information technology sector based in Thalaserry, Kerala, India. It was incorporated on 27 July 2020 and is registered under CIN U72900KL2020PTC063240. The company may be struck off soon - caution is advised.
The current directors of Panac Systems Private Limited are:
- Mannembeth Keettukandy Sreeranjini - Director
- Prabin Bavukka Parakandy - Managing Director
The CIN (Corporate Identification Number) of Panac Systems Private Limited is U72900KL2020PTC063240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Panac Systems Private Limited is information technology. The company specifically operates in other computer related activities.
Yes, Panac Systems Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).