Park Network India Private Limited
About Park Network India Private Limited
Data last updated:
Park Network India Private Limited was a private limited company based in Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 15 April 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U32105DL1996PTC078161.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.57 Lakh. It was led by directors Vinita Gupta and Ajaya Kumar.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at 506 Eros Apartment Nehru Place, Delhi, India – 110019.
As per the financials filed for FY 2015, the company reported a revenue of ₹7.6 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹5.36 Lakh (net margin 70.5%) and EBITDA of -₹32,757 (EBITDA margin -4.3%).
As per MCA filings, the company has satisfied charges of ₹1.7 Cr on record.
Company details
Contact details
Park Network India Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address506 Eros Apartment Nehru Place, Delhi, India – 110019
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Park Network India Private Limited, buy the company report.
- 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
Financials of Park Network India Private Limited
FY 2015 filings availablePark Network India Private Limited reported revenue of ₹7.6 Lakh (down 33% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹7.6 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹32,757 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹5.36 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -4.3% |
| Net Profit Margin | 70.5% |
| 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 | |
To see the full financial statements and ratios of Park Network India Private Limited, buy the company report.
Board of directors of Park Network India Private Limited
Park Network India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinita Gupta Also directs: Park Network India LLP, Pioneer Multisystems LLP | Director | 15 Apr 1996 | 30 Years 6 Months | As last reported |
| Ajaya Kumar | Director | 15 Apr 1996 | 30 Years 6 Months | As last reported |
Auditor
Park Network India Private Limited is audited by SUBHASH GUPTA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUBHASH GUPTA & ASSOCIATES | FY 2015 | 001425N |
Shareholding
The shareholding of Park Network India Private Limited is on record for FY 2015, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public |
To see the full shareholding pattern of Park Network India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2005 | 90333004 | Oriental Bank of Commerce | ₹1.7 Cr | Satisfied |
To see the full charge records of Park Network India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Park Network India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Park Network India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Park Network India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Park Network India Private Limited has 2 board changes on record since 1996: 2 appointments. The latest: Ajaya Kumar was appointed as Director on 15 Apr 1996.
Frequently asked questions
Park Network India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Park Network India was a private limited company based in Delhi, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 15 April 1996 and is registered under CIN U32105DL1996PTC078161. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Park Network India is U32105DL1996PTC078161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Park Network India had 2 directors:
- Vinita Gupta - Director
- Ajaya Kumar - Director
Park Network India was incorporated on 15 April 1996. It is registered with the Registrar of Companies, Delhi.
The registered office of Park Network India is at 506 Eros Apartment Nehru Place, Delhi, India – 110019.
The latest financial statements of Park Network India on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
Park Network India operated in the information technology industry, in the IT products retail and distribution segment.
Ajaya Kumar was appointed as Director on 15 Apr 1996. Vinita Gupta was appointed as Director on 15 Apr 1996.
Park Network India has no open charges and satisfied charges of ₹1.7 Cr as per latest MCA filings.