Paramnetwork India Private Limited

Paramnetwork India Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2021PTC151520 Incorporated 07 September 2021 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2022
₹63.01 Lakh
Latest filing
EBITDA · FY 2022
Locked
In full report
Net profit · FY 2022
Locked
In full report
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
5 yrs
Est. 2021
Last financials
Mar 2022
Balance sheet date

About Paramnetwork India Private Limited

Data last updated:

Paramnetwork India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 07 September 2021, the company has been in operation for over 5 years.

Registered with ROC Bangalore under CIN U72200KA2021PTC151520.

Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sreelakshmi Vaideeswaran and Sethuraman Vaideeswaran.

Last AGM: 31 December 2022. Financial statements filed for year ended 31 March 2022. Office: No.303 Sri Paradise Iii Main New Thippasandra, Bangalore, Karnataka, India – 560075.

As per the financials filed for FY 2022, the company reported a revenue of ₹63.01 Lakh.

The company is associated with 1 brand - ⦃Param⦄.

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

Company Details of Paramnetwork India Private Limited
CIN U72200KA2021PTC151520
Registration Number 151520
Incorporation Date 07 September 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    No.303 Sri Paradise Iii Main New Thippasandra, Bangalore, Karnataka, India – 560075
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Paramnetwork India Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Paramnetwork India

Paramnetwork India operates one associated brand: ⦃param⦄. Each brand links to its own profile.

BrandDescriptionWebsite
Blockchain-based platform for multi-enterprise workflow and invoice processing is utilized.param.network

Competitors & Alternatives of Paramnetwork India

Brands and companies operating in the same space as Paramnetwork India Private Limited include SumUp, Paymentus, Billtrust and 7 more.

CompetitorDescriptionLocationFounded
SumUp SumUp Provider of mPOS solution and card reader for offline retailersLondon, United Kingdom, United Kingdom2012
Paymentus Paymentus Comprehensive billing and payment solution providerAtlanta, United States, United States2004
Billtrust Billtrust Invoice and payment management solutions are offered for small businesses.Hamilton Township, United States, United States2001
Vyapar Vyapar Cloud-based invoicing and inventory tools for small businesses are provided.Bengaluru, India, India2016
PayStand PayStand Payment processing for bitcoin, e-checks, and credit cards is facilitated.San Francisco, United States, United States2013
Invoice2go Invoice2go An app-based invoicing solution is provided for small businesses.Palo Alto, United States, United States2002
vCita vCita Business management software is provided for small businesses.Bellevue, United States, United States2010
PaySimple PaySimple Online payment and invoicing solutions are offered to small businesses.Denver, United States, United States2006
Invoice Cloud Invoice Cloud Cloud-based invoicing and payment solutions are offered to businesses.Braintree, United States, United States2009
PayLease PayLease Payment solutions are offered to the property management sector.San Diego, United States, United States2003

Business Activity of Paramnetwork India

The main business activity of Paramnetwork India is information and communication. In detail, this covers other information & communication service activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ8Other information & communication service activitiesLocked
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Business activity turnover details for Paramnetwork India Private Limited

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Auditor Details of Paramnetwork India

Paramnetwork India Private Limited is audited by Kishore Chander Sharma for the financial year 2022.

NameStatusAppointment DateCessation Date
Kishore Chander SharmaLockedLockedLocked
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Complete auditor history for Paramnetwork India Private Limited

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Board of Directors of Paramnetwork India Private Limited

Paramnetwork India has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sreelakshmi VaideeswaranDirector07 Sep 20215 Years 0 MonthsCurrent
Sethuraman VaideeswaranDirector07 Sep 20215 Years 0 MonthsCurrent

Financials of Paramnetwork India Private Limited FY 2022 filings available

Paramnetwork India Private Limited reported revenue of ₹63.01 Lakh for FY 2022.

Revenue · FY 2022
₹63.01 Lakh
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Ten-year financial statements for Paramnetwork India Private Limited

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Ownership and Shareholding of Paramnetwork India

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Shareholding and ownership data for Paramnetwork India Private Limited

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Charges & Borrowings of Paramnetwork India

Paramnetwork India Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Paramnetwork India

Paramnetwork India Private Limited has a workforce of 0 employees as of Apr 02, 2024.

Active EPFO establishments
1
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Employee and EPFO history for Paramnetwork India Private Limited

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Paramnetwork India

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GST registrations and filing compliance for Paramnetwork India Private Limited

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Paramnetwork India

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Credit ratings, litigation, and regulatory alerts for Paramnetwork India Private Limited

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MSME Payment Delays by Paramnetwork India

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MSME payment history for Paramnetwork India Private Limited

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Paramnetwork India

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Corporate group structure for Paramnetwork India Private Limited

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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MCA Filings & Documents of Paramnetwork India

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MCA filings and documents for Paramnetwork India Private Limited

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Recent Activity on Paramnetwork India

Activity
31 Dec 2022
Paramnetwork India Private Limited last Annual general meeting of members was held on 31 Dec 2022 as per latest MCA records.
Activity
31 Mar 2022
Paramnetwork India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Directors
07 Sep 2021
Sreelakshmi Vaideeswaran was appointed as a Director on 07 Sep 2021 & has been associated with this company since 5 years 25 days.
Directors
07 Sep 2021
Sethuraman Vaideeswaran was appointed as a Director on 07 Sep 2021 & has been associated with this company since 5 years 25 days.
Activity
07 Sep 2021
Paramnetwork India Private Limited was registered on 07 Sep 2021 with Roc Bangalore & aged 5 years 25 days as per MCA records.

Frequently Asked Questions about Paramnetwork India Private Limited

Paramnetwork India is an active private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 07 September 2021 (5+ years old) and is registered under CIN U72200KA2021PTC151520.

Paramnetwork India reported revenue of ₹63.01 Lakh for FY 2022.

The current directors of Paramnetwork India are:

The primary industry of Paramnetwork India is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.

Yes, Paramnetwork India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Paramnetwork India can be reached at the registered office: No.303 Sri Paradise Iii Main New Thippasandra, Bangalore, Karnataka, India – 560075, or through the website param.network.

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