Parag Soft India Pvt Ltd
About Parag Soft India Pvt Ltd
Data last updated:
Parag Soft India Pvt Ltd was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Parag Soft Inc. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT services segment of the services sector. It was incorporated on 03 February 2006.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2006PTC049006. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹14 Lakh and a paid-up capital of ₹13.98 Lakh. It was led by directors including Sumathi Kalva and Srikanth Bhupathiraju.
Its last annual general meeting (AGM) was held on 10 July 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No. 352 Ground Floor Road No.: 24 Jubilee Hills, Hyderabad, Telangana, India – 500033.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.38 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Lakh (net margin -90.4%) and EBITDA of -₹2.69 Lakh (EBITDA margin -79.5%).
The company had about 4 employees on its provident fund (EPFO) records before it was struck off.
Company details
CIN history
Parag Soft India has one previous CIN (Corporate Identification Number): U72200AP2006PTC049006. The current CIN is U72200TG2006PTC049006, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2006PTC049006 | Current |
| U72200AP2006PTC049006 | Previous |
Contact details
Parag Soft India Pvt Ltd's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 352 Ground Floor Road No.: 24 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryService, Information Technology Services
To see the full contact details of Parag Soft India Pvt Ltd, 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
Financials of Parag Soft India Pvt Ltd
FY 2019 filings availableParag Soft India Pvt Ltd reported revenue of ₹3.38 Lakh (down 86% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹3.38 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.06 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -79.5% | ||
| Net Profit Margin | -90.4% | ||
| 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 | |||
To see the full financial statements and ratios of Parag Soft India Pvt Ltd, buy the company report.
Board of directors of Parag Soft India Pvt Ltd
Parag Soft India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumathi Kalva Also directs: Mugdha Consultants Private Limited | Director | 03 Feb 2006 | 20 Years 8 Months | As last reported |
| Srikanth Bhupathiraju Also directs: Verano Info Solutions Private Limited | Director | 08 Jan 2007 | 19 Years 9 Months | As last reported |
| Hemalatha Devi Narahari | Director | 03 Feb 2006 | 20 Years 8 Months | As last reported |
Auditor
Parag Soft India Pvt Ltd is audited by PRAKASH & SRINIVAS for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH & SRINIVAS | FY 2017 | 02723S |
Shareholding
The shareholding of Parag Soft India Pvt Ltd is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Parag Soft India Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Parag Soft India Pvt Ltd 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 Parag Soft India Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parag Soft India 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 Parag Soft India Pvt Ltd, buy the company report.
Recent activity
Parag Soft India Pvt Ltd has 3 board changes on record since 2006: 3 appointments. The latest: Srikanth Bhupathiraju was appointed as Director on 08 Jan 2007.
Frequently asked questions
Parag Soft India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Parag Soft India was a private limited company based in Hyderabad, Telangana, India. The company worked in information technology services, within the service industry. It was incorporated on 03 February 2006 and is registered under CIN U72200TG2006PTC049006. The company has been struck off by the Registrar of Companies and is no longer operational.
Parag Soft India had 3 directors:
- Sumathi Kalva - Director
- Srikanth Bhupathiraju - Director
- Hemalatha Devi Narahari - Director
The CIN (Corporate Identification Number) of Parag Soft India is U72200TG2006PTC049006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Parag Soft India is at Plot No. 352 Ground Floor Road No.: 24 Jubilee Hills, Hyderabad, Telangana, India – 500033.
Parag Soft India was incorporated on 03 February 2006. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Parag Soft India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 10 July 2019. Year-wise statements from 2015 are in the company report.
No. Parag Soft India has 2 GST registrations on record and all of them are cancelled or inactive.
Parag Soft India operated in the service industry, in the information technology services segment. It worked in this industry before it was struck off.
Srikanth Bhupathiraju was appointed as Director on 08 Jan 2007. Hemalatha Devi Narahari was appointed as Director on 03 Feb 2006. Sumathi Kalva was appointed as Director on 03 Feb 2006.