About Parallel Wireless India Private Limited
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Parallel Wireless India Private Limited is a foreign private limited company based in Haveli, Maharashtra, India, a subsidiary of Parallel Wireless Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2013FTC147393. Its GSTIN is 27AAHCP2096H1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kamlesh Subhash Devkar and Sean Patrick Falvey.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Haveli, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹168.71 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹16.53 Cr (net margin 9.8%) and EBITDA of ₹37.86 Cr (EBITDA margin 22.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 7% over five years.
The company has about 235 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Parallel Wireless.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parallelwireless.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor The Kode Building S.No.134/1/38, C.T.S No.2265 To 2273 Pashan Baner Link Road, Haveli, Maharashtra, India – 411045
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Wireless India Private Limited
Parallel Wireless India operates one associated brand: Parallel Wireless. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of the virtual gateway, small cells, and cloud and open RAN solutions | parallelwireless.com |
Competitors & Alternatives of Parallel Wireless India Private Limited
Brands and companies operating in the same space as Parallel Wireless India Private Limited include Mavenir, Ericsson, Huawei and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 Ericsson | Telecom equipment and software solutions are provided for networks. | Stockholm, Sweden | 1876 |
 Huawei | Hybrid cloud platforms and networking solutions are provided globally. | Shenzhen, China | 1987 |
 NEC | Cloud-based IT and networking solutions are provided globally. | Minato City, Japan | 1899 |
 CommScope | Fiber-optic and wireless infrastructure products provider | Richardson, United States | 1976 |
 Appcito | Cloud applications are accelerated, secured, and optimized via SaaS infrastructure. | Santa Clara, United States | 2013 |
 Aricent | Product engineering services company | Redwood City, United States | 1991 |
 Juniper Networks | Cloud-based enterprise networking and firewall solutions are delivered. | Sunnyvale, United States | 1996 |
 Alcatel-Lucent | IP networking, ultra-broadband access, and cloud solutions are provided. | 2006 |
Business Activity of Parallel Wireless India Private Limited
The main business activity of Parallel Wireless India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Parallel Wireless India Private Limited
Parallel Wireless India Private Limited is audited by DKV & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DKV & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parallel Wireless India Private Limited
Parallel Wireless India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Subhash Devkar | Director | 08 Mar 2022 | 4 Years 6 Months | Current |
| Sean Patrick Falvey | Director | 07 Dec 2022 | 3 Years 9 Months | Current |
| Anand Vijay Bhaskarwar | Director | 07 Dec 2022 | 3 Years 9 Months | Current |
Financials of Parallel Wireless India Private Limited FY 2025 filings available
Parallel Wireless India Private Limited reported revenue of ₹168.71 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parallel Wireless India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 7% growth in the latest year. EBITDA rose 13% in the latest year. 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 of Parallel Wireless India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.86 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.53 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Parallel Wireless India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 22.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parallel Wireless India are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Parallel Wireless India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parallel Wireless India Private Limited
Parallel Wireless India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parallel Wireless India Private Limited
Parallel Wireless India Private Limited has a workforce of 235 employees as of Mar 23, 2024.
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 Wireless India Private Limited
Parallel Wireless India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCP2096H1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 29AAHCP2096H1Z2 | Karnataka | Active | 01 Jul 2017 |
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 Wireless India Private Limited
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 Wireless India Private Limited
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 Wireless India Private Limited
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 Wireless India Private Limited
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 Wireless India Private Limited
Recent News on Parallel Wireless India Private Limited
Frequently Asked Questions about Parallel Wireless India Private Limited
Parallel Wireless India is an active foreign private limited company based in Haveli, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 14 May 2013 (13+ years old) and is registered under CIN U72900PN2013FTC147393.
Parallel Wireless India reported revenue of ₹168.71 Cr for FY 2025 (up 7% YoY).
Parallel Wireless India has 3 current directors:
- Kamlesh Subhash Devkar - Director
- Sean Patrick Falvey - Director
- Anand Vijay Bhaskarwar - Director
Parallel Wireless India reported a net profit of ₹16.53 Cr (net margin 9.8%) and EBITDA of ₹37.86 Cr (EBITDA margin 22.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parallel Wireless India is -1% over three years and 7% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parallel Wireless India is 27AAHCP2096H1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCP2096H1Z2 (Karnataka).
The CIN (Corporate Identification Number) of Parallel Wireless India is U72900PN2013FTC147393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallel Wireless India was incorporated on 14 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Parallel Wireless India can be reached through the website parallelwireless.com. Its registered office is in Haveli, Maharashtra, India.