Parallel Track Mhe Private Limited - Company Profile

It is a machinery and equipment private limited company based in Bangalore, Karnataka, India, established in 2009.
2009 Bangalore, Karnataka, India Active
Last Updated:
Access Report
About Parallel Track Mhe Private Limited

Parallel Track Mhe Private Limited, a active private limited company, was established on 13 May 2009 in Bangalore, Karnataka, India. Engaging in material handling & storage equipment within the manufacturing sector, it holds CIN: U74900KA2009PTC049836. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Uday Manikrao Pannase (Director), Valsan Radhakrishnan Kottil (Director). Past directors included Valsan Radhakrishnan, Vinod Anantrao Bodhankar, Valsan Radhakrishnan Kottil. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 37/1, 6Th Main, Singasandra Hosur Main Road, Bangalore, Karnataka, 560068.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74900KA2009PTC049836

  • Registration Number

    049836

  • Incorporation Date

    13 May 2009

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -100.00%
  • Profit Growth **** -111.87%
  • Ebitda **** -407.55%
  • Net Worth 1.90%
  • Total Assets **** 104.43%
Company report

Parallel Track Mhe Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Parallel Track Mhe Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Parallel Track Mhe Private Limited?
Current Directors
Name Designation Appointment Date Status
Uday Manikrao Pannase Director 10 May 2017 Current
Valsan Radhakrishnan Kottil Director 16 Nov 2023 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director - Past
Pramod Abcsdd Director 23 Mar 2018 Past
Pramod Abcsdd Director 23 Mar 2018 Past
Pramod Abcsdd Director 24 Nov 2023 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Parallel Track Mhe.

Parallel Track Mhe Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 111.87% decrease in profit. The company's net worth moved up by a moderate rise of 1.9%.

Parallel Track Mhe revenue growth over time
Parallel Track Mhe profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
********
 -100.00%
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 104.43%
*******
*******
*******
*******
Profit or Loss
*******
 -111.87%
*******
*******
*******
*******
Net Worth
*******
 1.90%
*******
*******
*******
*******
EBITDA
*******
 -407.55%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Parallel Track Mhe?

Unlock access to Parallel Track Mhe's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Parallel Track Mhe?

Unlock and access historical data on people associated with Parallel Track Mhe, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parallel Track Mhe, 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 Track Mhe's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Parallel Track Mhe
Recent Activity within the Organization
  • Annual General Meeting

    The activity Parallel Track Mhe Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Parallel Track Mhe Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Valsan Radhakrishnan Kottil was appointed as a Director was appointed as a Director on 16 Nov 2023 & has been associated with this company since 2 years 2 months . was completed.

  • Director Appointment

    Uday Manikrao Pannase was appointed as a Director was appointed as a Director on 10 May 2017 & has been associated with this company since 8 years 8 months . was recorded as a recent event.

  • Company Incorporation

    Progress on Parallel Track Mhe Private Limited was registered on 13 May 2009 with Roc Bangalore & aged 16 years 8 months as per MCA records. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Parallel Track Mhe Private Limited?

The CIN of Parallel Track Mhe Private Limited is U74900KA2009PTC049836.

Where is Parallel Track Mhe Private Limited headquartered?

Parallel Track Mhe Private Limited is headquartered at No. 37/1, 6Th Main, Singasandra Hosur Main Road, Bangalore, Karnataka, 560068.

When was Parallel Track Mhe Private Limited incorporated?

Parallel Track Mhe Private Limited was incorporated on 13 May 2009.

Who are the current directors of Parallel Track Mhe Private Limited?

The current directors of Parallel Track Mhe Private Limited are

What is the primary industry of Parallel Track Mhe Private Limited?

The primary industry of Parallel Track Mhe Private Limited is Manufacturing.

Is Parallel Track Mhe Private Limited a listed company?

Parallel Track Mhe Private Limited is unlisted.

What is the capital structure of Parallel Track Mhe Private Limited?

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

What is the compliance status of Parallel Track Mhe Private Limited?

The compliance status of Parallel Track Mhe Private Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available