About Panit Technology Private Limited
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Panit Technology Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 09 November 2015.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72200DL2015PTC287266. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.07 Lakh. It is led by directors Shashank Jain and Siddharth Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mez & 1st Floor A – 83 Okhla Industrial Area OKHLA PH – II, New Delhi, Delhi, India – 110020.
The company is associated with 1 brand: Vaahika. The company has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹32 Lakh; the latest was in December 2017. Its 10 peer companies in the Transport and Logistics industry (Diversified Logistics) are compared by revenue, 5 larger and 5 smaller; the largest is JNV Freight and Logistics Private Limited with revenue of ₹70.
The last known website on record is vaahika.com.
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- Registered AddressMez & 1st Floor A – 83 Okhla Industrial Area OKHLA PH – II, New Delhi, Delhi, India – 110020
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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
Financials of Panit Technology Private Limited FY 2024 filings available
Panit Technology Private Limited reported revenue of ₹40 for FY 2024.
Compounded Annual Growth Rate (CAGR) of Panit Technology Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 94% over five years. 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 Panit Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Panit Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 Panit Technology 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.
Peer Comparison of Panit Technology Private Limited
Panit Technology Private Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JNV Freight and Logistics Private Limited | ₹70 (FY 2020) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Vijeka Roadlines Private Limited | ₹70 (FY 2023) | •••• | •••• | -93.0% | •••• | Kolkata, West Bengal, India |
| Sailshiv Logistics & Infrastructure Private Limited | ₹54 (FY 2021) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| Sealand Carriers & Logistics Private Limited | ₹48 (FY 2021) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Seatreasure Private Limited | ₹44 (FY 2022) | •••• | •••• | -100.0% | •••• | Chembur, Mumbai, Maharashtra, India |
| Panit Technology Private Limited this company | ₹40 (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Mycart365 Logistics and Technologies Private Limited | ₹40 (FY 2022) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Hrishika Logistics Private Limited | ₹24 (FY 2017) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Yasuja Enterprises Limited | ₹6 (FY 2023) | •••• | •••• | •••• | Bhubaneswar, Odisha, India | |
| Trans Secure Logistics Private Limited | ₹4 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Eximdoor Logistics & Services India Private Limited | ₹2 (FY 2021) | •••• | •••• | •••• | Sindhudurg, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Panit Technology by revenue in the Transport and Logistics industry (Diversified Logistics), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Panit Technology Private Limited
Panit Technology Private Limited is audited by H C BOTHRA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H C BOTHRA AND ASSOCIATES | 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 Panit Technology Private Limited
Panit Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashank Jain | Director | 09 Nov 2015 | 10 Years 11 Months | Current |
| Siddharth Jain | Director | 09 Nov 2015 | 10 Years 11 Months | Current |
Ownership and Shareholding of Panit Technology 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 Panit Technology Private Limited
Panit Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Panit Technology Private Limited
Panit Technology Private Limited has 6 deals on record (4 rights issues, 2 funding rounds), with disclosed funding of ₹32 Lakh; the latest was in December 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Rights issue | ₹1.6 Lakh | Investors: an individual |
| Aug 2017 | Rights issue | ₹19.9 Lakh | Investors: an individual |
| Mar 2017 | Rights issue | ₹15 Lakh | Investors: an individual |
| Oct 2016 | Rights issue | ₹1 Lakh | Investors: 2 individuals |
| May 2016 | Funding round | ₹20 Lakh | Investors: an individual |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Panit Technology Private Limited
Panit Technology operates one associated brand: Vaahika. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online marketplace is operated for booking logistics services. | vaahika.com |
Employees and EPFO Compliance at Panit Technology Private Limited
Employment history and EPFO contributions of people linked to Panit Technology.
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.
Recent Activity on Panit Technology Private Limited
Panit Technology Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Shashank Jain was appointed as Director on 09 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Panit Technology 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 Panit Technology 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 Panit Technology 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
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GST Compliance of Panit Technology Private Limited
Panit Technology 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.
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.
MCA Filings & Documents of Panit Technology 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.
Frequently Asked Questions about Panit Technology Private Limited
Panit Technology is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Panit Technology is a dormant private limited company based in New Delhi, Delhi, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 09 November 2015 and is registered under CIN U72200DL2015PTC287266. The company is legally registered but not currently conducting business.
The compliance status of Panit Technology is compliant as of 30 August 2026.
Panit Technology has 2 current directors:
- Shashank Jain - Director
- Siddharth Jain - Director
The CIN (Corporate Identification Number) of Panit Technology is U72200DL2015PTC287266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panit Technology was incorporated on 09 November 2015. It is registered with the Registrar of Companies, Delhi.
Panit Technology can be reached through the website vaahika.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Panit Technology is at Mez & 1st Floor A – 83 Okhla Industrial Area OKHLA PH – II, New Delhi, Delhi, India – 110020.
Panit Technology has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.07 Lakh.
No. Panit Technology has 2 GST registrations on record and all of them are cancelled or inactive.
Panit Technology operates in the transport and logistics industry, in the integrated and diversified logistics services segment.