Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited - information technology in Mysore, Karnataka, India. FY 2026 financials and compliance.
CIN U74900KA2015PTC080586 Incorporated 28 May 2015 ROC Bangalore HQ Mysore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹16.25 Cr
▼ 29.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.77 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
32
Latest available

About Param People Infotech Solutions Private Limited

Data last updated: 18 December 2025

Param People Infotech Solutions Private Limited is a private limited company based in Mysore, Karnataka, India. It specialises in IT consulting and support services, a part of the broader technology and IT services sector. Incorporated on 28 May 2015, the company has been in operation for over 11 years.

Registered with ROC Bangalore under CIN U74900KA2015PTC080586.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parappa Jalappa Ghatanatti and Rajesh Ghatanatti.

Last AGM: 28 October 2024. Financial statements filed for year ended 31 March 2024. Office: Mysore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.25 Cr, a decline of 29% compared to the previous year.

The company has a workforce of approximately 32 employees as per the latest available data.

The company is associated with 1 brand - Highwaydelite. As per MCA filings, the company has open charges of ₹1.77 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website highwaydelite.com.

Company Details of Param People Infotech Solutions Private Limited
CIN U74900KA2015PTC080586
Registration Number 080586
Incorporation Date 28 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 October 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Apps
  • Registered Address
    Flat No.12 Srirampura 2Nd Stage, Devaiahnahundi Main Road, Mysore, Karnataka, India – 570023
  • Industry
    Information Technology, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Param People Infotech Solutions Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited operates one associated brand: HighwayDelite. These brands represent Param People Infotech Solutions Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provider of an app-based location tracking platform highwaydelite.com

Competitors & Alternatives of Param People Infotech Solutions Private Limited

Brands and companies operating in the same space as Param People Infotech Solutions Private Limited include TomTom, Magnasoft, SatNav and 5 more.

Competitor Description Location Founded
TomTom TomTom SaaS-based navigation and location mapping solutions are developed. Amsterdam, Netherlands, Netherlands 1991
Magnasoft Magnasoft Technology for smart wearables, mobile, IoT & cloud services Bengaluru, India, India 2000
SatNav SatNav Cloud-based software is utilized for facility management operations. Hyderabad, India, India 2000
NAVITEL NAVITEL Navigation solution provider for connected cars Prague, Czech Republic, Czechia 2006
SatGuide SatGuide Platform offering GPS navigation solutions Hyderabad, India, India 2004
VidTeq VidTeq Video-based navigation and location solutions are provided by VidTeq. Bengaluru, India, India 2008
Easy Roads Easy Roads Mobil-based app for end-to-end planning road trips Mumbai, India, India 2015
ScoutMyTrip ScoutMyTrip Road trips are discovered and planned via an online platform. Mumbai, India, India 2016

Business Activity of Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited is engaged in the principal business activity of information and communication, with detailed activities including 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
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Auditor Details of Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited is audited by Balakrishna & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Balakrishna & Co Locked Locked Locked
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Board of Directors of Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Parappa Jalappa Ghatanatti Director 26 Jun 2017 9 Years 0 Months Current
Rajesh Ghatanatti Director 28 May 2015 11 Years 1 Months Current

Financials of Param People Infotech Solutions Private Limited FY 2024 filings available

Param People Infotech Solutions Private Limited reported revenue of ₹16.25 Cr (down 29.00% YoY) for FY 2024.

Revenue · FY 2024
₹16.25 Cr ▼ 29.00%
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Ten-year financial statements for Param People Infotech Solutions Private Limited

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Ownership and Shareholding of Param People Infotech Solutions Private Limited

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Shareholding and ownership data for Param People Infotech Solutions Private Limited

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Charges & Borrowings of Param People Infotech Solutions Private Limited

Open charges
₹1.77 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹1.77 Cr
Latest charge details
DateLenderAmountStatus
11 Mar 2024 Others ₹1.33 Cr Open
05 Feb 2024 Others ₹44 Lakh Open

Total charge records: 2 View all charges

Employees and EPFO Compliance at Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited has a workforce of 32 employees as of Mar 28, 2024.

Employee count
32
Active EPFO establishments
1
Employee growth
14.29%
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Employee and EPFO history for Param People Infotech Solutions Private Limited

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GST Compliance of Param People Infotech Solutions Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Param People Infotech Solutions Private Limited

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Credit ratings, litigation, and regulatory alerts for Param People Infotech Solutions Private Limited

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MSME Payment Delays by Param People Infotech Solutions Private Limited

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MSME payment history for Param People Infotech Solutions Private Limited

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Subsidiaries & Group Companies of Param People Infotech Solutions Private Limited

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Corporate group structure for Param People Infotech Solutions Private Limited

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MCA Filings & Documents of Param People Infotech Solutions Private Limited

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MCA filings and documents for Param People Infotech Solutions Private Limited

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Recent Activity on Param People Infotech Solutions Private Limited

Activity
28 Oct 2024
Param People Infotech Solutions Private Limited last Annual general meeting of members was held on 28 Oct 2024 as per latest MCA records.
Activity
31 Mar 2024
Param People Infotech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
11 Mar 2024
A charge with Others amounted to Rs. 133.20 Lakh with Charge ID 100889869 was registered on 11 Mar 2024.
Charges
05 Feb 2024
A charge with Others amounted to Rs. 44.00 Lakh with Charge ID 100871839 was registered on 05 Feb 2024.
Directors
26 Jun 2017
Parappa Jalappa Ghatanatti was appointed as a Director on 26 Jun 2017 & has been associated with this company since 9 years 19 days.
Directors
28 May 2015
Rajesh Ghatanatti was appointed as a Director on 28 May 2015 & has been associated with this company since 11 years 1 month.

Recent News on Param People Infotech Solutions Private Limited

Frequently Asked Questions about Param People Infotech Solutions Private Limited

Param People Infotech Solutions Private Limited is an active private limited company in the information technology sector based in Mysore, Karnataka, India. It was incorporated on 28 May 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080586. The company has 32 employees.

Param People Infotech Solutions Private Limited reported revenue of ₹16.25 Cr for FY 2024 (down 29.00% YoY).

The current directors of Param People Infotech Solutions Private Limited are:

The primary industry of Param People Infotech Solutions Private Limited is information technology. The company specifically operates in IT consulting and support services. The company is currently active in this sector.

Param People Infotech Solutions Private Limited can be reached at the registered office: Flat No.12 Srirampura 2Nd Stage, Devaiahnahundi Main Road, Mysore, Karnataka, India – 570023, or through the website highwaydelite.com.

The authorised capital is ₹1 Lakh, and the paid-up capital is ₹1 Lakh.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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