About Park Telesolutions Private Limited
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Park Telesolutions Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U64200WB2010PTC141625. Its GSTIN is 19AAFCP3399D2Z4 (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.05 Cr and a paid-up capital of ₹2.05 Cr. It is led by directors including Tirthankar Ghosh and Debojyoti Lahiri.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 9/8 Netaji Nagar P.S. – Netaji Nagar Ward No. – 98, Kolkata, West Bengal, India – 700092.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.07 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹40.91 Lakh (net margin 5.1%) and EBITDA of ₹83.81 Lakh (EBITDA margin 10.4%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Park Group Of Companies. As per MCA filings, the company has open charges of ₹4.15 Cr and satisfied charges of ₹1.19 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parkgroup.co.in.
Company details
Contact details
Park Telesolutions Private Limited's registered office is in Kolkata, West Bengal. Its website is parkgroup.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address9/8 Netaji Nagar P.S. – Netaji Nagar Ward No. – 98, Kolkata, West Bengal, India – 700092
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Park Telesolutions 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
Brands
Park Telesolutions operates one associated brand: PARK GROUP OF COMPANIES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology solutions for automation, monitoring, and anti-counterfeit services in various industries. | parkgroup.co.in |
Business activity
The main business activity of Park Telesolutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Park Telesolutions Private Limited, buy the company report.
Financials of Park Telesolutions Private Limited
FY 2018 filings availablePark Telesolutions Private Limited reported revenue of ₹8.07 Cr (down 1% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 1% fall in the latest year. EBITDA rose 3% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹8.07 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹83.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40.91 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 | ||||
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| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 10.4% | |||
| Net Profit Margin | 5.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| 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 Telesolutions Private Limited, buy the company report.
Board of directors of Park Telesolutions Private Limited
Park Telesolutions has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirthankar Ghosh | Director | 09 May 2016 | 10 Years 5 Months | Current |
| Debojyoti Lahiri | Director | 28 Jan 2014 | 12 Years 8 Months | Current |
| Pijush Kanti Mondal | Director | 03 Jul 2014 | 12 Years 3 Months | Current |
| Subhendu Sarkar | Director | 02 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Park Telesolutions Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solventek Private Limited | ₹11.65 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India | |||
| Srikari Infotech Solutions Private Limited | ₹11.65 Cr (FY 2025) | 76.0% | Chagallu, Andhra Pradesh, India | |||
| E Z Bioxcel Solutions Private Limited | ₹11.59 Cr (FY 2024) | -27.0% | New Delhi, Delhi, India | |||
| Park Telesolutions Private Limitedthis company | ₹8.07 Cr (FY 2018) | ₹40.91 Lakh | 5.1% | -1.0% | 1 | Kolkata, West Bengal, India |
To see the full peer comparison of Park Telesolutions Private Limited, buy the company report.
Auditor
Park Telesolutions Private Limited is audited by GORA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORA & CO | FY 2018 | 330091E |
Shareholding
The shareholding of Park Telesolutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Park Telesolutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2017 | 100090271 | Others | ₹1.15 Cr | Open | |
| 24 Feb 2017 | 100090282 | Others | ₹1.5 Cr | Open | |
| 19 Aug 2011 | 10304736 | Bank of Baroda | ₹1.5 Cr | Open | |
| 24 Jun 2016 | 100048482 | Others | ₹1.19 Cr | Satisfied |
To see the full charge records of Park Telesolutions Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Park Telesolutions Private Limited has 8 court cases on record: 2 filed by Park Telesolutions, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by Axis Bank Ltd. | Disposed |
| High Court, West Bengal | Court case (CO) | Filed by the company against Axis Bank Limited and Another | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bharti Airtel Limited | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Icici Bank Limited | Disposed |
To see the full case history of Park Telesolutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Park Telesolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Park Telesolutions Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Park Telesolutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCP3399D2Z4 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Park Telesolutions Private Limited, buy the company report.
Recent activity
Park Telesolutions Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Srabanti Ghosh ceased to be Director on 16 Mar 2020.
6 earlier events are in the company report.
Frequently asked questions
Park Telesolutions is an active private limited company based in Kolkata, West Bengal, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 February 2010 (16+ years old) and is registered under CIN U64200WB2010PTC141625.
Park Telesolutions has 4 current directors:
- Tirthankar Ghosh - Director
- Debojyoti Lahiri - Director
- Pijush Kanti Mondal - Director
- Subhendu Sarkar - Director
The latest financial statements of Park Telesolutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Park Telesolutions is 19AAFCP3399D2Z4, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Park Telesolutions is U64200WB2010PTC141625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Park Telesolutions has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the district courts.
Park Telesolutions was incorporated on 02 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Park Telesolutions by revenue are Solventek Private Limited, Srikari Infotech Solutions Private Limited, E Z Bioxcel Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (other professional, scientific and technical activities).
Srabanti Ghosh ceased to be Director on 16 Mar 2020. Amit Dey Purkayastha ceased to be Director on 27 Aug 2016. Tirthankar Ghosh was appointed as Director on 09 May 2016. Park Telesolutions has 9 board changes on record in total.
Park Telesolutions can be reached through the website parkgroup.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Park Telesolutions is at 98 Netaji Nagar P.S. – Netaji Nagar Ward No. – 98, Kolkata, West Bengal, India – 700092.