Paras Information Technology Private Limited
About Paras Information Technology Private Limited
Data last updated:
Paras Information Technology Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the scientific services segment of the professional services sector. It was incorporated on 10 August 2015.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2015PTC100156. Its GSTIN is 36AAICP3417F2ZI (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹86.81 Lakh. It was led by directors including Pallika Sreewastav and Rachna Mehta.
Its last annual general meeting (AGM) was held on 18 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Plot No. 8 9 10 And 11 Silicon Valley IV Floor Fortune Chambers Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.52 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹8.97 Lakh (net margin -198.4%) and EBITDA of -₹6.97 Lakh (EBITDA margin -154.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Company details
Contact details
Paras Information Technology Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 8 9 10 And 11 Silicon Valley IV Floor Fortune Chambers Madhapur, Hyderabad, Telangana, India – 500081
- IndustryProfessional Services, Scientific, Technical, Personal
To see the full contact details of Paras Information Technology Private Limited, buy the company report.
- 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
Business activity
The main business activity of Paras Information Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Paras Information Technology Private Limited, buy the company report.
Financials of Paras Information Technology Private Limited
FY 2019 filings availableParas Information Technology Private Limited reported revenue of ₹4.52 Lakh (down 85% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 85% fall in the latest year. EBITDA rose 62% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹6.97 Lakh | |||
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| Net Profit (PAT) | -₹8.97 Lakh | |||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -154.2% | |||
| Net Profit Margin | -198.4% | |||
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To see the full financial statements and ratios of Paras Information Technology Private Limited, buy the company report.
Board of directors of Paras Information Technology Private Limited
Paras Information Technology has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pallika Sreewastav Also directs: Le Hesthia Design LLP, Win Properties & Infrastructure LLP, Le Hesthia Ventures LLP and 4 more | Director | 10 Aug 2015 | 11 Years 2 Months | As last reported |
| Rachna Mehta | Director | 10 Aug 2015 | 11 Years 2 Months | As last reported |
| Shailaja Patwari | Director | 10 Aug 2015 | 11 Years 2 Months | As last reported |
Peer comparison
Paras Information Technology Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Grow Shine Infra Projects Private Limited | ₹4.54 Lakh (FY 2024) | Chennai, Tamil Nadu, India | ||||
| H2o Corporate Solutions Private Limited | ₹4.53 Lakh (FY 2021) | 218.0% | Vadodara, Gujarat, India | |||
| Sark Techno Projects Private Limited | ₹4.53 Lakh (FY 2025) | -64.0% | Bangalore, Karnataka, India | |||
| Elsignal Automation (OPC) Private Limited | ₹4.53 Lakh (FY 2021) | 728.0% | Chandannagar, West Bengal, India | |||
| Widespread Redefine Solutions Private Limited | ₹4.53 Lakh (FY 2021) | -57.0% | Hooghly, West Bengal, India | |||
| Paras Information Technology Private Limitedthis company | ₹4.52 Lakh (FY 2019) | -₹8.97 Lakh | -198.4% | -85.0% | Hyderabad, Telangana, India | |
| Bitmnemonix Solutions Private Limited | ₹4.52 Lakh (FY 2021) | -77.0% | Pune, Maharashtra, India | |||
| Anand Brushes Pvt Ltd | ₹4.52 Lakh (FY 2025) | -31.0% | Uttar Pradesh, India | |||
| Athavita Software Private Limited | ₹4.52 Lakh (FY 2024) | Bangalore, Karnataka, India |
To see the full peer comparison of Paras Information Technology Private Limited, buy the company report.
Auditor
Paras Information Technology Private Limited is audited by RBASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RBASSOCIATES | FY 2017 | 009112S |
Shareholding
The shareholding of Paras Information Technology Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Paras Information Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Paras Information Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Paras Information Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Paras Information Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAICP3417F2ZI | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paras Information Technology Private Limited, buy the company report.
Recent activity
Paras Information Technology Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Pallika Sreewastav was appointed as Director on 10 Aug 2015.
Frequently asked questions
Paras Information Technology has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Paras Information Technology was a private limited company based in Hyderabad, Telangana, India. The company worked in scientific, within the professional services industry. It was incorporated on 10 August 2015 and is registered under CIN U72900TG2015PTC100156. The company has been struck off by the Registrar of Companies and is no longer operational.
Paras Information Technology had 3 directors:
- Pallika Sreewastav - Director
- Rachna Mehta - Director
- Shailaja Patwari - Director
The CIN (Corporate Identification Number) of Paras Information Technology is U72900TG2015PTC100156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Paras Information Technology is at Plot No. 8 9 10 And 11 Silicon Valley IV Floor Fortune Chambers Madhapur, Hyderabad, Telangana, India – 500081.
Paras Information Technology was incorporated on 10 August 2015. It is registered with the Registrar of Companies, Hyderabad.
The latest financial statements of Paras Information Technology on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 18 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Paras Information Technology is 36AAICP3417F2ZI, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Paras Information Technology operated in the professional services industry, in the scientific segment. It worked in this industry before it was struck off.
The peers of Paras Information Technology by revenue are Grow Shine Infra Projects Private Limited, H2o Corporate Solutions Private Limited, Sark Techno Projects Private Limited, Elsignal Automation (OPC) Private Limited, Widespread Redefine Solutions Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Pallika Sreewastav was appointed as Director on 10 Aug 2015. Rachna Mehta was appointed as Director on 10 Aug 2015. Shailaja Patwari was appointed as Director on 10 Aug 2015.