Parashift Technologies Private Limited
About Parashift Technologies Private Limited
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Parashift Technologies Private Limited is a private limited company based in Jogeshwari East, Maharashtra, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 07 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2019PTC325069. Its GSTIN is 27AAKCP5347E1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shahnawaz Mohammad Dhamankar (Managing Director) and Ateeqa Shahnawaz Dhamankar.
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 205 Pioneer Industrial Estate Subash Road Opp Caves Road, Jogeshwari East, Maharashtra, India – 400060.
As per the financials filed for FY 2024, the company reported a revenue of ₹95.25 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹6.28 Lakh (net margin 6.6%) and EBITDA of ₹9.5 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
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- Registered Address205 Pioneer Industrial Estate Subash Road Opp Caves Road, Jogeshwari East, Maharashtra, India – 400060
- IndustryInformation Technology, Other Computer Related Activities
- 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 Parashift Technologies Private Limited
The main business activity of Parashift Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Parashift Technologies Private Limited FY 2025 filings available
Parashift Technologies Private Limited reported revenue of ₹95.25 Lakh (up 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Parashift Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 40% growth in the latest year. EBITDA fell 14% 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 Parashift Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.28 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 Parashift Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| 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 Parashift Technologies are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Parashift Technologies Private Limited
Parashift Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service 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 |
|---|---|---|---|---|---|---|
| Om Server Private Limited | ₹95.38 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Jaipur, Rajasthan, India |
| Suman Computech Private Limited | ₹95.36 Lakh (FY 2025) | •••• | •••• | 94.0% | •••• | New Delhi, Delhi, India |
| Vucent IT Solutions Private Limited | ₹95.33 Lakh (FY 2021) | •••• | •••• | 68.0% | •••• | Delhi, India |
| Better Butter Internet Private Limited | ₹95.28 Lakh (FY 2025) | •••• | •••• | 2488.0% | •••• | New Delhi, Delhi, India |
| Ad Softex (India) Private Limited | ₹95.26 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Allahabad, Uttar Pradesh, India |
| Parashift Technologies Private Limited this company | ₹95.25 Lakh (FY 2024) | •••• | •••• | 40.0% | •••• | Jogeshwari East, Maharashtra, India |
| Versionq Private Limited | ₹95.19 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Mohali, Punjab, India |
| Mango I T Solutions Private Limited | ₹95.19 Lakh (FY 2019) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Groommycareer.Com Private Limited | ₹95.12 Lakh (FY 2015) | •••• | •••• | 57.0% | •••• | Chennai, Tamil Nadu, India |
| Optiologic Technologies Private Limited | ₹95.09 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Karyavattom, Kerala, India |
| Asyst Infocom Private Limited | ₹95.08 Lakh (FY 2024) | •••• | •••• | 234.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Parashift Technologies by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Parashift Technologies Private Limited
Parashift Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ateeqa Shahnawaz Dhamankar | Director | 07 May 2019 | 7 Years 5 Months | Current |
| Shahnawaz Mohammad Dhamankar Also directs: Cibdol India Biotech Private Limited | Managing Director | 07 May 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Parashift Technologies 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 Parashift Technologies Private Limited
Parashift Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parashift Technologies Private Limited
Employment history and EPFO contributions of people linked to Parashift Technologies.
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 Parashift Technologies Private Limited
Parashift Technologies Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Taruna Sunil Mahajan ceased to be Director on 30 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Parashift Technologies 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 Parashift Technologies 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 Parashift Technologies 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 Parashift Technologies Private Limited
Parashift Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP5347E1Z9 | Maharashtra | Active | 16 May 2019 |
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 Parashift Technologies 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 Parashift Technologies Private Limited
Parashift Technologies is an active private limited company based in Jogeshwari East, Maharashtra, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 07 May 2019 (7+ years old) and is registered under CIN U72900MH2019PTC325069.
Parashift Technologies reported revenue of ₹95.25 Lakh for FY 2024 (up 40% YoY).
Parashift Technologies has 2 current directors:
- Shahnawaz Mohammad Dhamankar - Managing Director
- Ateeqa Shahnawaz Dhamankar - Director
Parashift Technologies reported a net profit of ₹6.28 Lakh (net margin 6.6%) and EBITDA of ₹9.5 Lakh (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parashift Technologies is 43% over three years. In the latest year (FY 2024) revenue rose 40%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parashift Technologies is 27AAKCP5347E1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parashift Technologies is U72900MH2019PTC325069. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parashift Technologies was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parashift Technologies by revenue are Om Server Private Limited, Suman Computech Private Limited, Vucent IT Solutions Private Limited, Better Butter Internet Private Limited, Ad Softex (India) Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Taruna Sunil Mahajan ceased to be Director on 30 Apr 2022. Ateeqa Shahnawaz Dhamankar was appointed as Director on 07 May 2019. Shahnawaz Mohammad Dhamankar was appointed as Managing Director on 07 May 2019.
Yes, Parashift Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).