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Parallel Team Technologies Private Limited - Company Profile

It is a information technology private limited company based in Noida, Uttar Pradesh, India, established in 2019.

2019 | Noida, Uttar Pradesh, India | Active
Last Updated:

About Parallel Team Technologies Private Limited

Parallel Team Technologies Private Limited, a active private limited company, was established on 20 December 2019 in Noida, Uttar Pradesh, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200UP2019PTC124777. Registered under ROC Roc Kanpur. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

Its leadership includes Nishu Sinha (Director), Mala Sinha (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C 370 Sector 22 Chauda Sadatpur, Noida, Uttar Pradesh, 201301.

Company Details

  • CIN/LLPIN

    U72200UP2019PTC124777

  • Registration Number

    124777

  • Incorporation Date

    20 December 2019

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Kanpur

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 4 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.19%
  • Profit Growth 42.31%
  • Ebitda -28.48%
  • Net Worth 36.01%
  • Total Assets 375.57%
Company report

Parallel Team Technologies Private Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Parallel Team Technologies Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Nishu SinhaDirector20 Dec 2019Current
Mala SinhaDirector20 Dec 2019Current

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Financial Performance of Parallel Team Technologies.

Parallel Team Technologies Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 17.19% decrease. The company also saw a substantial improvement in profitability, with a 42.31% increase in profit. The company's net worth Soared by an impressive increase of 36.01%.

Parallel Team Technologies revenue growth over time
Parallel Team Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.19%
Revenue from Operations
-17.24%
Total Assets
375.57%
Profit or Loss
42.31%
Net Worth
36.01%
EBITDA
-28.48%

What is the Ownership and Shareholding Structure of Parallel Team Technologies?

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Parallel Team Technologies?

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Employee growth trends for Parallel Team Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parallel Team Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Parallel Team Technologies's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Parallel Team Technologies

Recent Activity within the Organization

  • Annual General Meeting

    Parallel Team Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Parallel Team Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur. was completed.

  • Director Appointment

    Nishu Sinha was appointed as a Director was appointed as a Director on 20 Dec 2019 & has been associated with this company since 6 years 4 days . was recorded as a recent event.

  • Director Appointment

    The activity Mala Sinha was appointed as a Director was appointed as a Director on 20 Dec 2019 & has been associated with this company since 6 years 4 days . was completed.

  • Company Incorporation

    Parallel Team Technologies Private Limited was registered on 20 Dec 2019 with Roc Kanpur & aged 6 years 4 days as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Parallel Team Technologies Private Limited?

    The CIN of Parallel Team Technologies Private Limited is U72200UP2019PTC124777.

  • Where is Parallel Team Technologies Private Limited headquartered?

    Parallel Team Technologies Private Limited is headquartered at C 370 Sector 22 Chauda Sadatpur, Noida, Uttar Pradesh, 201301.

  • When was Parallel Team Technologies Private Limited incorporated?

    Parallel Team Technologies Private Limited was incorporated on 20 December 2019.

  • Who are the current directors of Parallel Team Technologies Private Limited?

    The current directors of Parallel Team Technologies Private Limited are

  • What is the primary industry of Parallel Team Technologies Private Limited?

    The primary industry of Parallel Team Technologies Private Limited is Information And Communication.

  • Is Parallel Team Technologies Private Limited a listed company?

    Parallel Team Technologies Private Limited is unlisted.

  • What is the capital structure of Parallel Team Technologies Private Limited?

    The authorized capital of Parallel Team Technologies Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

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