Parity Systems Pvt Ltd. - information technology in Secunderabad, Telangana, India. FY 2026 financials and compliance.
CIN U72200TG1988PTC008869 Incorporated 22 July 1988 ROC Hyderabad HQ Secunderabad, Telangana, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹2.47 Cr
▲ 113.00% YoY
EBITDA · FY 2021
Locked
In full report
Net profit · FY 2021
Locked
In full report
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Open charges
None
Satisfied ₹5.91 Cr
Company age
38 yrs
Est. 1988
Last financials
Mar 2021
Balance sheet date

About Parity Systems Pvt Ltd.

Data last updated: 07 February 2026

Parity Systems Pvt Ltd. is a private limited company based in Secunderabad, Telangana, India. It specialises in software development and support services, a part of the broader technology and IT services sector. Incorporated on 22 July 1988, the company has been in operation for over 38 years.

Registered with ROC Hyderabad under CIN U72200TG1988PTC008869.

Capital: an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Appa Rao Pagadala and Kamalakar Kolipaka.

Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Flat No. 7 Plot No.28/A Wellington Plaza Picket, Secunderabad, Telangana, India – 500009.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.47 Cr, a growth of 113% compared to the previous year.

As per MCA filings, the company has satisfied charges of ₹5.91 Cr on record.

The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website parity.co.in.

Company Details of Parity Systems Pvt Ltd.
CIN U72200TG1988PTC008869
Registration Number 008869
Incorporation Date 22 July 1988
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    Flat No. 7 Plot No.28/A Wellington Plaza Picket, Secunderabad, Telangana, India – 500009
  • Industry
    Information Technology, Software Development & Support Services, IT Products Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Parity Systems Pvt Ltd. in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. has one previous CIN (Corporate Identification Number): U72200AP1988PTC008869. The current CIN is U72200TG1988PTC008869, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U72200TG1988PTC008869 Current
U72200AP1988PTC008869 Previous

Business Activity of Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C9 Computer, electronic, Communication and scientific measuring & control equipment Locked
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Auditor Details of Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. is audited by M N REDDY & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
M N REDDY & CO Locked Locked Locked
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Complete auditor history for Parity Systems Pvt Ltd.

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Board of Directors of Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. is currently managed by 2 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Appa Rao Pagadala Director 31 Aug 2013 12 Years 11 Months Current
Kamalakar Kolipaka Director 07 Apr 2022 4 Years 4 Months Current

Financials of Parity Systems Pvt Ltd. FY 2021 filings available

Parity Systems Pvt Ltd. reported revenue of ₹2.47 Cr (up 113.00% YoY) for FY 2021.

Revenue · FY 2021
₹2.47 Cr ▲ 113.00%
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Ownership and Shareholding of Parity Systems Pvt Ltd.

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Shareholding and ownership data for Parity Systems Pvt Ltd.

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Charges & Borrowings of Parity Systems Pvt Ltd.

Open charges
₹0
Satisfied charges
₹5.91 Cr
Breakdown by lending institutions
Standard Chartered Bank₹2.50 Cr
Ing Vysya Bank Ltd₹1.95 Cr
Hdfc Bank Limited₹1.25 Cr
Agraha Co-Operative Urban Bank Limited₹0.19 Cr
Bank of Baroda₹0.02 Cr
Latest charge details
DateLenderAmountStatus
23 Jan 2010 Standard Chartered Bank ₹2.5 Cr Satisfied
13 Feb 2009 Ing Vysya Bank Ltd ₹1.5 Cr Satisfied
14 Oct 2006 Hdfc Bank Limited ₹1.25 Cr Satisfied
18 Nov 2004 Ing Vysya Bank Ltd ₹45 Lakh Satisfied
22 Nov 2000 Agraha Co-Operative Urban Bank Limited ₹19 Lakh Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. has a workforce of 0 employees as of Apr 04, 2024.

Active EPFO establishments
1
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Employee and EPFO history for Parity Systems Pvt Ltd.

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GST Compliance of Parity Systems Pvt Ltd.

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Credit Ratings, Litigation & Regulatory Alerts for Parity Systems Pvt Ltd.

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Credit ratings, litigation, and regulatory alerts for Parity Systems Pvt Ltd.

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MSME Payment Delays by Parity Systems Pvt Ltd.

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MSME payment history for Parity Systems Pvt Ltd.

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Subsidiaries & Group Companies of Parity Systems Pvt Ltd.

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MCA Filings & Documents of Parity Systems Pvt Ltd.

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MCA filings and documents for Parity Systems Pvt Ltd.

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Recent Activity on Parity Systems Pvt Ltd.

Directors
07 Apr 2022
Kamalakar Kolipaka was appointed as a Director on 07 Apr 2022 & has been associated with this company since 4 years 4 months.
Activity
30 Nov 2021
Parity Systems Pvt Ltd. last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Parity Systems Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Charges
03 Sep 2014
A charge registered on 23 Jan 2010 via Charge ID 10198797 with Standard Chartered Bank was fully satisfied on 03 Sep 2014.
Directors
31 Aug 2013
Appa Rao Pagadala was appointed as a Director on 31 Aug 2013 & has been associated with this company since 12 years 11 months.
Charges
09 Mar 2010
A charge registered on 22 Nov 2000 via Charge ID 90116030 with Agraha Co-Operative Urban Bank Limited was fully satisfied on 09 Mar 2010.

Frequently Asked Questions about Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd. is an active private limited company in the information technology sector based in Secunderabad, Telangana, India. It was incorporated on 22 July 1988 (38+ years old) and is registered under CIN U72200TG1988PTC008869.

Parity Systems Pvt Ltd. reported revenue of ₹2.47 Cr for FY 2021 (up 113.00% YoY).

The current directors of Parity Systems Pvt Ltd. are:

The primary industry of Parity Systems Pvt Ltd. is information technology. The company specifically operates in software development and support services. The company is currently active in this sector.

Parity Systems Pvt Ltd. can be reached at the registered office: Flat No. 7 Plot No.28A Wellington Plaza Picket, Secunderabad, Telangana, India – 500009, or through the website parity.co.in.

The authorised capital is ₹10 Lakh, and the paid-up capital is ₹9 Lakh.

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