About Panaro Tech Private Limited
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Panaro Tech Private Limited is a private limited company based in Coimbatore North, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electronic segment of the electronics sector. It was incorporated on 24 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2015PTC021326. Its GSTIN is 33AAICP1587A1ZO (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Swapnapriya Bhaskara and Daniel Prakash Arulanantham.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Coimbatore North, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.54 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹17.38 Lakh (net margin -56.9%) and EBITDA of -₹17.31 Lakh (EBITDA margin -56.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
The company is associated with 2 brands: Panaro and NICHE Cloud.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nichecloud.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4, T.S.M.Garden Church Road, Coimbatore North, Tamil Nadu, India – 641019
- IndustryElectrnoics, Electronic, Computer, Communication, Scientific Measuring Equipment
- 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
- One PDF report, delivered after checkout
Associated Brands with Panaro Tech Private Limited
Panaro Tech operates two associated brands: Panaro and NICHE Cloud. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers high-performance network attached storage solutions for enterprises. | panarotech.com | |
| Delivers comprehensive cloud services solutions for businesses. | nichecloud.in |
Competitors & Alternatives of Panaro Tech Private Limited
Brands and companies operating in the same space as Panaro Tech Private Limited include Nasuni, DDN, Crayon and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Nasuni | Cloud-based enterprise file storage solutions are unified and delivered globally. | Natick, United States | 2009 |
 DDN | Big data and HPC storage appliances are provided for businesses. | Chatsworth, United States | 1998 |
 Crayon | Crayon is involved in unspecified business activities. | Oslo, Norway | 2002 |
 Megazone Cloud | AWS cloud services are provided, including consulting, deployment, and management. | Seoul, South Korea | 2018 |
 All Cloud | Services for the development and support of cloud-based applications | Rosh Haayin, Israel | 2015 |
 CoSo Cloud | Cloud-based virtual classroom platform for enterprises | San Francisco, United States | 2007 |
 Netgain | IT service provider | Saint Cloud, United States | 2000 |
 Ukcloud | Cloud services in PaaS, SaaS, and IaaS are provided. | Farnborough, United Kingdom | 2012 |
 2nd Watch | Public cloud workload management tools and services are provided. | Seattle, United States | 2010 |
 WEKA | Data storage solutions for AI workloads are developed by WEKA. | Campbell, United States | 2013 |
Business Activity of Panaro Tech Private Limited
The main business activity of Panaro Tech is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Panaro Tech Private Limited
Panaro Tech Private Limited is audited by G.LALITHA for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G.LALITHA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Panaro Tech Private Limited
Panaro Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swapnapriya Bhaskara Also directs: Qraxa Technologies Private Limited | Director | 24 Apr 2015 | 11 Years 5 Months | Current |
| Daniel Prakash Arulanantham Also directs: Qraxa Technologies Private Limited | Director | 24 Apr 2015 | 11 Years 5 Months | Current |
Financials of Panaro Tech Private Limited FY 2025 filings available
Panaro Tech Private Limited reported revenue of ₹30.54 Lakh (up 3654% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Panaro Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 73% over three years. EBITDA fell 2% 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 of Panaro Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹17.31 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹17.38 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Panaro Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -56.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -56.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Panaro Tech are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Panaro Tech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Panaro Tech Private Limited
Panaro Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Panaro Tech Private Limited
Employment history and EPFO contributions of people linked to Panaro Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Panaro Tech Private Limited
Panaro Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICP1587A1ZO | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Panaro Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Panaro Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Panaro Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Panaro Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Panaro Tech Private Limited
Frequently Asked Questions about Panaro Tech Private Limited
Panaro Tech is an active private limited company based in Coimbatore North, Tamil Nadu, India. The company works in electronic, within the electronics industry. It was incorporated on 24 April 2015 (11+ years old) and is registered under CIN U74999TZ2015PTC021326.
Panaro Tech reported revenue of ₹30.54 Lakh for FY 2024 (up 3654% YoY).
Panaro Tech has 2 current directors:
- Swapnapriya Bhaskara - Director
- Daniel Prakash Arulanantham - Director
Panaro Tech reported a net loss of ₹17.38 Lakh (net margin -56.9%) and EBITDA of -₹17.31 Lakh (EBITDA margin -56.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panaro Tech is 73% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panaro Tech is 33AAICP1587A1ZO, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Panaro Tech is U74999TZ2015PTC021326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panaro Tech was incorporated on 24 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
Yes, Panaro Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).