Parity Commerce LLP
About Parity Commerce LLP
Data last updated:
Parity Commerce LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 28 March 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAO-6719. Its GSTIN is 27AAXFP2512K1ZS (Maharashtra).
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners including Hemant Rasiklal Parikh and Miten Hemant Parikh.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Vastu Prestige 203 – B & C 2nd Floor New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058.
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- Registered AddressVastu Prestige 203 – B & C 2nd Floor New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058
- IndustryE-Commerce, General E-Commerce Platforms
- 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
Financials of Parity Commerce LLP FY 2025 filings available
Parity Commerce LLP reported revenue of ₹6,260 (down 81% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Parity Commerce LLP
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years, including a 81% fall 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 Parity Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parity Commerce LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Parity Commerce are in the company report.
Financial statements from FY 2019
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.
Designated Partners of Parity Commerce LLP
Parity Commerce has 3 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Rasiklal Parikh | Designated Partner | 28 Mar 2019 | 7 Years 6 Months | Current |
| Miten Hemant Parikh Also directs: Diagrams Realty LLP, Diagrams Properties LLP, Rise IT Digital Limited Liability Partnership and 1 more | Designated Partner | 28 Mar 2019 | 7 Years 6 Months | Current |
| Bhaven Hemant Parikh | Designated Partner | 28 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Parity Commerce LLP
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 Parity Commerce LLP
Parity Commerce LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parity Commerce LLP
Employment history and EPFO contributions of people linked to Parity Commerce.
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 Parity Commerce LLP
Parity Commerce LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Bhaven Hemant Parikh was appointed as Designated Partner on 28 Mar 2019.
Credit Ratings, Litigation & Regulatory Alerts for Parity Commerce LLP
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 Parity Commerce LLP
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 Parity Commerce LLP
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 Parity Commerce LLP
Parity Commerce has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXFP2512K1ZS | Maharashtra | Active | 04 Aug 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 Parity Commerce LLP
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 Parity Commerce LLP
Parity Commerce is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 28 March 2019 (7+ years old) and is registered under LLPIN AAO-6719.
Parity Commerce has 3 current designated partners:
- Hemant Rasiklal Parikh - Designated Partner
- Miten Hemant Parikh - Designated Partner
- Bhaven Hemant Parikh - Designated Partner
The GSTIN of Parity Commerce is 27AAXFP2512K1ZS, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Parity Commerce is AAO-6719. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Parity Commerce was incorporated on 28 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Bhaven Hemant Parikh was appointed as Designated Partner on 28 Mar 2019. Hemant Rasiklal Parikh was appointed as Designated Partner on 28 Mar 2019. Miten Hemant Parikh was appointed as Designated Partner on 28 Mar 2019.
The registered office of Parity Commerce is at Vastu Prestige 203 – B & C 2nd Floor New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058.
The total obligation of contribution is ₹50,000.
Parity Commerce operates in the e-commerce industry, in the general e-commerce platforms segment.
Parity Commerce can be reached at its registered office: Vastu Prestige 203 – B & C 2nd Floor New Link Road Andheri – West, Mumbai, Maharashtra, India – 400058.