Parity Systems Pvt Ltd. - Company Profile

It is a information technology private limited company based in Secunderabad, Telangana, India, established in 1988.
1988 Secunderabad, Telangana, India Active
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About Parity Systems Pvt Ltd.

Parity Systems Pvt Ltd., a active private limited company, was established on 22 July 1988 in Secunderabad, Telangana, India. Engaging in software development & support services within the manufacturing sector, it holds CIN: U72200TG1988PTC008869. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.90 M.

It upholds a active non-compliant status. Its leadership includes Kamalakar Kolipaka (Director), Appa Rao Pagadala (Director). Past directors included Ashok Kumar Tibrewala, Arun Luharuka, Kiran Kumar Nareddy. It holds no open charges and ₹5.91 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Flat No. 7, Plot No.28/A Wellington Plaza, Picket, Secunderabad, Telangana, 500009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72200TG1988PTC008869

  • Registration Number

    008869

  • Incorporation Date

    22 July 1988

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.90 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.90 M
  • Company Age 37 Year, 10 Months
  • Last Filing with ROC 31 Mar 2021
  • Satisfied Charges ₹ 5.91 Cr
  • Revenue Growth **** 113.45%
  • Profit Growth **** 299.32%
  • Ebitda **** -48.96%
  • Net Worth 5.82%
  • Total Assets -5.60%
Company report

Parity Systems Pvt Ltd.

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Parity Systems Pvt Ltd. — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Parity Systems Pvt Ltd.?
Current Directors
Name Designation Appointment Date Status
Kamalakar Kolipaka Director 07 Apr 2022 Current
Appa Rao Pagadala Director 31 Aug 2013 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Dec 2008 Past
Pramod Abcsdd Director 10 Sep 2014 Past
Pramod Abcsdd Director 07 Apr 2022 Past
Pramod Abcsdd Director 10 Feb 2009 Past
Pramod Abcsdd Director 10 Feb 2009 Past
Pramod Abcsdd Director 17 Feb 2010 Past

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Financial Performance of Parity Systems.

Parity Systems Pvt Ltd., for the financial year ended 2021, experienced significant growth in revenue, with a 113.45% increase. The company also saw a substantial improvement in profitability, with a 299.32% increase in profit. The company's net worth moved up by a moderate rise of 5.82%.

Parity Systems revenue growth over time
Parity Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 113.45%
*******
*******
*******
*******
Revenue from Operations
*******
 112.85%
*******
*******
*******
*******
Total Assets
*******
 -5.60%
*******
*******
*******
*******
Profit or Loss
*******
 299.32%
*******
*******
*******
*******
Net Worth
*******
 5.82%
*******
*******
*******
*******
EBITDA
*******
 -48.96%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Parity Systems?

In 2021, Parity Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹59,050,000.00

Charges 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
Date Lender Amount Status
23 Jan 2010 Standard Chartered Bank ₹2.50 Cr Satisfied
13 Feb 2009 Ing Vysya Bank Ltd ₹1.50 Cr Satisfied
14 Oct 2006 Hdfc Bank Limited ₹1.25 Cr Satisfied
18 Nov 2004 Ing Vysya Bank Ltd ₹4.50 M Satisfied
22 Nov 2000 Agraha Co-Operative Urban Bank Limited ₹1.90 M Satisfied

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How Many Employees Work at Parity Systems?

Parity Systems has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Parity Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Parity Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Parity Systems
Recent Activity within the Organization
  • Director Appointment

    Kamalakar Kolipaka was appointed as a Director was appointed as a Director on 07 Apr 2022 & has been associated with this company since 4 years 1 month . was recorded as a recent event.

  • Annual General Meeting

    The activity Parity Systems Pvt Ltd. last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    Parity Systems Pvt Ltd. has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad. was recorded as a recent event.

  • Charges

    The activity A charge registered on 23 Jan 2010 via Charge ID 10198797 with Standard Chartered Bank was fully satisfied on 03 Sep 2014. was completed.

  • Director Appointment

    Progress on Appa Rao Pagadala was appointed as a Director was appointed as a Director on 31 Aug 2013 & has been associated with this company since 12 years 8 months . was documented.

  • Charges

    The activity 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. was completed.

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Frequently Asked Questions
What is the CIN of Parity Systems Pvt Ltd.?

The CIN of Parity Systems Pvt Ltd. is U72200TG1988PTC008869.

Where is Parity Systems Pvt Ltd. headquartered?

Parity Systems Pvt Ltd. is headquartered at Flat No. 7, Plot No.28/A Wellington Plaza, Picket, Secunderabad, Telangana, 500009.

When was Parity Systems Pvt Ltd. incorporated?

Parity Systems Pvt Ltd. was incorporated on 22 July 1988.

Who are the current directors of Parity Systems Pvt Ltd.?

The current directors of Parity Systems Pvt Ltd. are

What is the primary industry of Parity Systems Pvt Ltd.?

The primary industry of Parity Systems Pvt Ltd. is Manufacturing.

Is Parity Systems Pvt Ltd. a listed company?

Parity Systems Pvt Ltd. is unlisted.

What is the capital structure of Parity Systems Pvt Ltd.?

The authorized capital of Parity Systems Pvt Ltd. is ₹1.00 M, and the paid-up capital is ₹0.90 M.

What is the compliance status of Parity Systems Pvt Ltd.?

The compliance status of Parity Systems Pvt Ltd. is Active Non-Compliant.

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