
About Parshvi Technology (India) Private Limited
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Parshvi Technology (India) Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 04 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2018PTC101631. Its GSTIN is 24AAJCP7915M1ZX (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Savita Ramnarayan Ajmera and Ramnarayan Ajmera.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/Tf 303/ C/Tf 304 Pushp Business Campus Opp. Shivshanti Society Vastral Chokdi, Ahmedabad, Gujarat, India – 382418.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.51 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹43.66 Lakh (net margin 3%) and EBITDA of ₹85.78 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 18% over five years.
The company is associated with 1 brand: Parshvi Technology. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹90 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Parshvi Technology (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0006010). For more details, the company can be reached via its website parshvitechnology.com.
Company details
Recognitions & Rankings of Parshvi Technology (India)
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0006010
Contact details
Parshvi Technology (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is parshvitechnology.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/Tf 303/ C/Tf 304 Pushp Business Campus Opp. Shivshanti Society Vastral Chokdi, Ahmedabad, Gujarat, India – 382418
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Parshvi Technology (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
Brands
Parshvi Technology (India) operates one associated brand: Parshvi Technology. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributes wireless sensors, transmitters, flameproof products, and related items for industrial and commercial applications. | parshvitechnology.com |
Business activity
The main business activity of Parshvi Technology (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Parshvi Technology (India) Private Limited, buy the company report.
Financials of Parshvi Technology (India) Private Limited
FY 2025 filings availableParshvi Technology (India) Private Limited reported revenue of ₹14.51 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 1% growth in the latest year. EBITDA rose 17% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹85.78 Lakh | ||||
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| Net Profit (PAT) | ₹43.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 3% | ||||
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To see the full financial statements and ratios of Parshvi Technology (India) Private Limited, buy the company report.
Board of directors of Parshvi Technology (India) Private Limited
Parshvi Technology (India) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savita Ramnarayan Ajmera | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
| Ramnarayan Ajmera | Director | 04 Apr 2018 | 8 Years 7 Months | Current |
Auditor
Parshvi Technology (India) Private Limited is audited by Mr. Sandeep Shah for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mr. Sandeep Shah | FY 2022 | 135569 |
Shareholding
The shareholding of Parshvi Technology (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parshvi Technology (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2024 | 100895254 | Others | ₹3 Cr | Open | |
| 26 Sep 2019 | 100308346 | Idbi Bank Limited | ₹90 Lakh | Satisfied |
To see the full charge records of Parshvi Technology (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Parshvi Technology (India) Private Limited has 1 court case on record: 1 filed by Parshvi Technology (India). All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Incsmart Technologies LLP Partner Vishal Santilal Patel | Pending |
To see the full case history of Parshvi Technology (India) 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 Parshvi Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parshvi Technology (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCP7915M1ZX | Gujarat | Active | 18 Apr 2018 |
To see the full GST registrations and return filing status of Parshvi Technology (India) Private Limited, buy the company report.
Recent activity
Parshvi Technology (India) Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ramnarayan Ajmera was appointed as Director on 04 Apr 2018.
Frequently asked questions
Parshvi Technology (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 04 April 2018 (8+ years old) and is registered under CIN U36999GJ2018PTC101631.
Parshvi Technology (India) has 2 current directors:
- Savita Ramnarayan Ajmera - Director
- Ramnarayan Ajmera - Director
The latest financial statements of Parshvi Technology (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Parshvi Technology (India) is 24AAJCP7915M1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Parshvi Technology (India) is U36999GJ2018PTC101631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parshvi Technology (India) has 1 court case on record: 1 filed by the company. 1 is pending.
Parshvi Technology (India) was incorporated on 04 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ramnarayan Ajmera was appointed as Director on 04 Apr 2018. Savita Ramnarayan Ajmera was appointed as Director on 04 Apr 2018.
Yes, Parshvi Technology (India) is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Parshvi Technology (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0006010).

