About Parallel Hop IT Solutions LLP
Data last updated:
Parallel Hop IT Solutions LLP is a limited liability partnership (LLP) based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 26 February 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Jaipur, under LLPIN AAO-3743. Its GSTIN is 08AAXFP1023H1Z3 (Rajasthan).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Monika Kaushik and Rahul Bansal.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at B – 73 – A Sunder Nagar Golyawas Opp Gupta Farm Mansarovar, Jaipur, Rajasthan, India – 302020.
The LLP is associated with 1 brand: Parallel Hop.
For more details, the LLP can be reached via its website parallelhop.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 73 – A Sunder Nagar Golyawas Opp Gupta Farm Mansarovar, Jaipur, Rajasthan, India – 302020
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Parallel Hop IT Solutions LLP
Parallel Hop IT Solutions operates one associated brand: Parallel Hop. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT support, consultancy, cloud solutions, and network services to various industries. | parallelhop.com |
Competitors & Alternatives of Parallel Hop IT Solutions LLP
Brands and companies operating in the same space as Parallel Hop IT Solutions LLP include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Designated Partners of Parallel Hop IT Solutions LLP
Parallel Hop IT Solutions has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monika Kaushik Also directs: Zen Star Entertainment LLP | Designated Partner | 26 Feb 2019 | 7 Years 7 Months | Current |
| Rahul Bansal | Designated Partner | 26 Feb 2019 | 7 Years 7 Months | Current |
Financials of Parallel Hop IT Solutions LLP FY 2025 filings available
Financial Statement Summary of Parallel Hop IT Solutions LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parallel Hop IT Solutions LLP
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Parallel Hop IT Solutions are in the company report.
Financial statements from FY 2019
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.
Charges & Borrowings of Parallel Hop IT Solutions LLP
Parallel Hop IT Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Hop IT Solutions LLP
Employment history and EPFO contributions of people linked to Parallel Hop IT Solutions.
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 Parallel Hop IT Solutions LLP
Parallel Hop IT Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAXFP1023H1Z3 | Rajasthan | Active | 27 May 2019 |
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 Parallel Hop IT Solutions LLP
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 Parallel Hop IT Solutions LLP
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 Parallel Hop IT Solutions LLP
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 Parallel Hop IT Solutions LLP
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 Parallel Hop IT Solutions LLP
Frequently Asked Questions about Parallel Hop IT Solutions LLP
Parallel Hop IT Solutions is an active limited liability partnership based in Jaipur, Rajasthan, India. The LLP works in application development and software solutions, within the information technology industry. It was incorporated on 26 February 2019 (7+ years old) and is registered under LLPIN AAO-3743.
Parallel Hop IT Solutions has 2 current designated partners:
- Monika Kaushik - Designated Partner
- Rahul Bansal - Designated Partner
The GSTIN of Parallel Hop IT Solutions is 08AAXFP1023H1Z3, registered in Rajasthan.
The LLPIN (Limited Liability Partnership Identification Number) of Parallel Hop IT Solutions is AAO-3743. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Parallel Hop IT Solutions was incorporated on 26 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
Yes, Parallel Hop IT Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Parallel Hop IT Solutions can be reached through the website parallelhop.com. Its registered office is in Jaipur, Rajasthan, India.
The registered office of Parallel Hop IT Solutions is at B – 73 – A Sunder Nagar Golyawas Opp Gupta Farm Mansarovar, Jaipur, Rajasthan, India – 302020.
The total obligation of contribution is ₹1 Lakh.