Parallax Labs Private Limited
About Parallax Labs Private Limited
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Parallax Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It was incorporated on 24 January 2024.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63990MH2024PTC417951.
The company has an authorised share capital of ₹10,000 and a paid-up capital of ₹10,000. It is led by directors Krupalu Hitesh Mehta and Neha Sunil Thakkar.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.16 Cr. For the same year it recorded a net loss of ₹61.74 Lakh (net margin -19.5%) and EBITDA of -₹10.46 Lakh (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 43% over five years.
As per MCA filings, the company has open charges of ₹49 Lakh on record.
Company details
Contact details
Parallax Labs Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressCt – 5 – 1401 Floor – 14th Plot – 8(Pt) Ct – 05 Lodha Supremus Ct – 05 Commercial Tower, Wadala Truck Terminal Road New Cuff Parede Wadala Truck Terminal, Mumbai, Maharashtra, India – 400037
- 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 Parallax Labs Private Limited
FY 2025 filings availableParallax Labs Private Limited reported revenue of ₹3.16 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 43% 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
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| Revenue from Operations | ||
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| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | -₹10.46 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹61.74 Lakh | |
| Balance Sheet | ||
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| Reserves and Surplus | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.3% | |
| Net Profit Margin | -19.5% | |
| Return on Equity (ROE) | ||
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To see the full financial statements and ratios of Parallax Labs Private Limited, buy the company report.
Board of directors of Parallax Labs Private Limited
Parallax Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krupalu Hitesh Mehta Also directs: Avisetek LLP | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
| Neha Sunil Thakkar | Director | 24 Jan 2024 | 2 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101049297 | Indian Bank | ₹49 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Parallax Labs 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 Parallax Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Parallax Labs Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Parallax Labs Private Limited has 2 board changes on record since 2024: 2 appointments. The latest: Krupalu Hitesh Mehta was appointed as Director on 24 Jan 2024.
Frequently asked questions
Parallax Labs is an active private limited company based in Mumbai, Maharashtra, India. It was incorporated on 24 January 2024 (2+ years old) and is registered under CIN U63990MH2024PTC417951.
Parallax Labs has 2 current directors:
- Krupalu Hitesh Mehta - Director
- Neha Sunil Thakkar - Director
The latest financial statements of Parallax Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Parallax Labs is U63990MH2024PTC417951. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallax Labs was incorporated on 24 January 2024, making it 2+ years old. It is registered with the Registrar of Companies, Mumbai.
Krupalu Hitesh Mehta was appointed as Director on 24 Jan 2024. Neha Sunil Thakkar was appointed as Director on 24 Jan 2024.
The registered office of Parallax Labs is at Ct – 5 – 1401 Floor – 14th Plot – 8Pt Ct – 05 Lodha Supremus Ct – 05 Commercial Tower, Wadala Truck Terminal Road New Cuff Parede Wadala Truck Terminal, Mumbai, Maharashtra, India – 400037.
Parallax Labs has open charges of ₹49 Lakh and no satisfied charges on record as per latest MCA filings.
Parallax Labs can be reached at its registered office: Ct – 5 – 1401 Floor – 14th Plot – 8Pt Ct – 05 Lodha Supremus Ct – 05 Commercial Tower, Wadala Truck Terminal Road New Cuff Parede Wadala Truck Terminal, Mumbai, Maharashtra, India – 400037.
Parallax Labs is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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