MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0051241
Parkrapid Technosolutions Private Limited
Parkrapid Technosolutions Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹61.4 Lakh
▲ 100% YoY
Net loss · FY 2024
₹7.62 Lakh
Net margin -12.4%
EBITDA · FY 2024
-₹7.62 Lakh
EBITDA margin -12.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
6
As per MCA filings
Active GSTINs
2
GST registered
About Parkrapid Technosolutions Private Limited
Data last updated:
Parkrapid Technosolutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113524. Its GSTIN is 29AAJCP9013E1ZB (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kyoungha Lee and Chulhak Lee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 702 Aspen Block Brigade Orchards Boodi Gere Road Brigade Spinalroad Devanahalli, Bangalore, Karnataka, India – 562110.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.4 Lakh, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹7.62 Lakh (net margin -12.4%) and EBITDA of -₹7.62 Lakh (EBITDA margin -12.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 24% over five years.
Court records list 1 case involving the company, including 1 filed against it.
Parkrapid Technosolutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0051241).
Company details
CIN U74999KA2018PTC113524
Registration Number 113524
Incorporation Date 29 May 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0051241
Recognitions & Rankings of Parkrapid Technosolutions
Contact details
Parkrapid Technosolutions Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 702 Aspen Block Brigade Orchards Boodi Gere Road Brigade Spinalroad Devanahalli, Bangalore, Karnataka, India – 562110
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Parkrapid Technosolutions Private Limited, buy the company report.
Comprehensive company report
Parkrapid Technosolutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Parkrapid Technosolutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Parkrapid Technosolutions Private Limited, buy the company report.
Financials of Parkrapid Technosolutions Private Limited
FY 2024 filings availableParkrapid Technosolutions Private Limited reported revenue of ₹61.4 Lakh (up 100% YoY) for FY 2024.
Revenue · FY 2024
₹61.4 Lakh ▲ 100%
Net loss · FY 2024
₹7.62 Lakh margin -12.4%
EBITDA · FY 2024
-₹7.62 Lakh margin -12.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 21%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▲ 6%
5 years · compounded
▼ 21%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 100% growth in the latest year. EBITDA rose 69% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.62 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.4% | ||||
| Net Profit Margin | -12.4% | ||||
| 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 Parkrapid Technosolutions Private Limited, buy the company report.
Board of directors of Parkrapid Technosolutions Private Limited
Parkrapid Technosolutions has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kyoungha Lee | Director | 10 Nov 2020 | 6 Years 0 Months | Current |
| Chulhak Lee Also directs: Belee Techno Solutions LLP, Mooin Automation Private Limited | Director | 29 May 2018 | 8 Years 5 Months | Current |
| Alok Narula | Director | 22 Apr 2021 | 5 Years 6 Months | Current |
| Hanumanthappa Pradeep | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Praveen Maltesh Kalmani | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
| Dinesh Mani | Director | 15 Feb 2019 | 7 Years 8 Months | Current |
Peer comparison
Parkrapid Technosolutions Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrix Technokart Private Limited | ₹61.59 Lakh (FY 2025) | -2.0% | Bareilly, Uttar Pradesh, India | |||
| KCMT Machinery India Private Limited | ₹61.45 Lakh (FY 2019) | Chennai, Tamil Nadu, India | ||||
| Parkrapid Technosolutions Private Limitedthis company | ₹61.4 Lakh (FY 2024) | -₹7.62 Lakh | -12.4% | 100.0% | Bangalore, Karnataka, India | |
| Gomes and Sons Private Limited | ₹61.07 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Parkrapid Technosolutions Private Limited, buy the company report.
Auditor
Parkrapid Technosolutions Private Limited is audited by H N K & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H N K & ASSOCIATES | FY 2022 | 013800S |
Shareholding
The shareholding of Parkrapid Technosolutions Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Parkrapid Technosolutions Private Limited, buy the company report.
Legal cases
Parkrapid Technosolutions Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Archana Traders | Disposed |
To see the full case history of Parkrapid Technosolutions 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 Parkrapid Technosolutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parkrapid Technosolutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCP9013E1ZB | Karnataka | Active | 08 Dec 2020 |
| 37AAJCP9013E1ZE | Andhra Pradesh | Active | 09 Oct 2018 |
To see the full GST registrations and return filing status of Parkrapid Technosolutions Private Limited, buy the company report.
Recent activity
Parkrapid Technosolutions Private Limited has 9 board changes on record since 2018: 6 appointments and 3 cessations. The latest: Hanumanthappa Pradeep was appointed as Director on 22 Dec 2021.
AGM
Parkrapid Technosolutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Parkrapid Technosolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Hanumanthappa Pradeep was appointed as Director.
Appointed
Praveen Maltesh Kalmani was appointed as Director.
Appointed
Alok Narula was appointed as Director.
Appointed
Kyoungha Lee was appointed as Director.
Ceased
Dinesh Mani ceased to be Additional Director.
Appointed
Dinesh Mani was appointed as Director.
Ceased
Naresh Butari ceased to be Director.
Ceased
Budigi Sharma Mahesh ceased to be Director.
Appointed
Chulhak Lee was appointed as Director.
Incorporation
29 May 2018
Parkrapid Technosolutions Private Limited was registered on 29 May 2018 with Roc Bangalore & aged 8 years 5 months as per MCA records.
Frequently asked questions
Parkrapid Technosolutions is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 29 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113524.
Parkrapid Technosolutions has 6 current directors:
- Kyoungha Lee - Director
- Chulhak Lee - Director
- Alok Narula - Director
- Hanumanthappa Pradeep - Director
- Praveen Maltesh Kalmani - Director
- Dinesh Mani - Director
The latest financial statements of Parkrapid Technosolutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Parkrapid Technosolutions is 29AAJCP9013E1ZB, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAJCP9013E1ZE (Andhra Pradesh).
The CIN (Corporate Identification Number) of Parkrapid Technosolutions is U74999KA2018PTC113524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parkrapid Technosolutions has 1 court case on record: 1 filed against it.
Parkrapid Technosolutions was incorporated on 29 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Parkrapid Technosolutions by revenue are Matrix Technokart Private Limited, KCMT Machinery India Private Limited, Gomes and Sons Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Hanumanthappa Pradeep was appointed as Director on 22 Dec 2021. Praveen Maltesh Kalmani was appointed as Director on 22 Dec 2021. Alok Narula was appointed as Director on 22 Apr 2021. Parkrapid Technosolutions has 9 board changes on record in total.
Yes, Parkrapid Technosolutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0051241).
The registered office of Parkrapid Technosolutions is at D – 702 Aspen Block Brigade Orchards Boodi Gere Road Brigade Spinalroad Devanahalli, Bangalore, Karnataka, India – 562110.
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