About Panacea Websolutions Private Limited
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Panacea Websolutions Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 27 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U72200RJ2010PTC031097. Its GSTIN is 08AAFCP3733R2ZS (Rajasthan). The company holds 2 GST registrations, of which 1 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 Nitin and Jitendra Purohit.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.24 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹809 (net margin 0.4%) and EBITDA of ₹809 (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 15% 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 panaceawebs.com.
Company details
Contact details
Panacea Websolutions Private Limited's registered office is in Jaipur, Rajasthan. Its website is panaceawebs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Plot No. 55, Everest Colony Lalkothi, Jaipur, Rajasthan, India – 302015
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Panacea Websolutions 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 Panacea Websolutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Panacea Websolutions Private Limited, buy the company report.
Financials of Panacea Websolutions Private Limited
FY 2022 filings availablePanacea Websolutions Private Limited reported revenue of ₹2.24 Lakh (down 65% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 65% fall in the latest year. EBITDA fell 99% 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
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| EBITDA | ₹809 | ||||
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| Net Profit (PAT) | ₹809 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Panacea Websolutions Private Limited, buy the company report.
Board of directors of Panacea Websolutions Private Limited
Panacea Websolutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Jitendra Purohit | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Panacea Websolutions Private Limited is audited by PUKHRAJ V GOYAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUKHRAJ V GOYAL & ASSOCIATES | FY 2020 | 021033C |
Shareholding
The shareholding of Panacea Websolutions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Panacea Websolutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panacea Websolutions 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 Panacea Websolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panacea Websolutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCP3733R2ZS | Rajasthan | Active | 28 Nov 2017 |
To see the full GST registrations and return filing status of Panacea Websolutions Private Limited, buy the company report.
Recent activity
Panacea Websolutions Private Limited has 8 board changes on record since 2010: 4 appointments and 4 cessations. The latest: Himanshu Sharma ceased to be Director on 04 Jun 2025.
Frequently asked questions
Panacea Websolutions is an active private limited company based in Jaipur, Rajasthan, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 27 February 2010 (16+ years old) and is registered under CIN U72200RJ2010PTC031097.
Panacea Websolutions has 2 current directors:
- Nitin - Director
- Jitendra Purohit - Director
The latest financial statements of Panacea Websolutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Panacea Websolutions is 08AAFCP3733R2ZS, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Panacea Websolutions is U72200RJ2010PTC031097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panacea Websolutions was incorporated on 27 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Jaipur.
Himanshu Sharma ceased to be Director on 04 Jun 2025. Jitendra Purohit was appointed as Director on 02 Jun 2025. Nitin was appointed as Director on 02 Jun 2025. Panacea Websolutions has 8 board changes on record in total.
Panacea Websolutions can be reached through the website panaceawebs.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Panacea Websolutions is at 2nd Floor Plot No. 55, Everest Colony Lalkothi, Jaipur, Rajasthan, India – 302015.
Panacea Websolutions operates in the information technology industry, in the IT consulting and support services segment.