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.
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- Registered AddressPlot No. 8 9 10 And 11 Silicon Valley IV Floor Fortune Chambers Madhapur, Hyderabad, Telangana, India – 500081
- IndustryProfessional Services, Scientific, Technical, Personal
- 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
Business Activity of Paras Information Technology Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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.
Financials of Paras Information Technology Private Limited FY 2019 filings available
Paras Information Technology Private Limited reported revenue of ₹4.52 Lakh (down 85% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Paras Information Technology Private Limited
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 of Paras Information Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.97 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.97 Lakh | •••• | •••• | •••• |
| Balance Sheet | ||||
| Share Capital | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Paras Information Technology Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -154.2% | •••• | •••• | •••• |
| Net Profit Margin | -198.4% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
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 Paras Information Technology are in the company report.
Financial statements from FY 2016
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.
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 of Paras Information Technology Private Limited
Paras Information Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹4.52 Lakh (FY 2019) | •••• | •••• | -85.0% | •••• | Hyderabad, Telangana, India |
| Atrinity Aviation Private Limited | ₹4.52 Lakh (FY 2025) | •••• | •••• | 73.0% | •••• | Delhi, India |
| Homeallure Creative Private Limited | ₹4.52 Lakh (FY 2025) | •••• | •••• | 15066567.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, 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 |
Peers are the five companies nearest above and the five nearest below Paras Information Technology by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paras Information Technology Private Limited
Paras Information Technology Private Limited is audited by RBASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RBASSOCIATES | 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.
Ownership and Shareholding of Paras Information Technology 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 Paras Information Technology Private Limited
Paras Information Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Paras Information Technology Private Limited
Employment history and EPFO contributions of people linked to Paras Information Technology.
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.
Recent Activity on Paras Information Technology Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Paras Information Technology 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 Paras Information Technology 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 Paras Information Technology 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.
GST Compliance of Paras Information Technology Private Limited
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 |
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.
MCA Filings & Documents of Paras Information Technology 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.
Frequently Asked Questions about Paras Information Technology Private Limited
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.
Paras Information Technology reported revenue of ₹4.52 Lakh for FY 2019 (down 85% YoY).
Paras Information Technology has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹86.81 Lakh.
Paras Information Technology reported a net loss of ₹8.97 Lakh (net margin -198.4%) and EBITDA of -₹6.97 Lakh (EBITDA margin -154.2%) for FY 2019, as per its filed financial statements.
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.