Parsoft Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1998.
1998 Bangalore, Karnataka, India Active
Last Updated:
About Parsoft Systems Private Limited

Parsoft Systems Private Limited, a active private limited company, was established on 19 August 1998 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72200KA1998PTC024104. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Employing 17 professional, Its leadership includes Preethi Kittu (Director), Hemantha Ramaiah Srikantaiah (Director), Raghunandana Kittu Sosale (Director). Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 359, 16Th Main, 4Th T Block Jayanagar, Bangalore, Karnataka, 560041.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U72200KA1998PTC024104

  • Registration Number

    024104

  • Incorporation Date

    19 August 1998

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 27 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** 3.09%
  • Profit Growth **** 28.23%
  • Ebitda **** 18.70%
  • Net Worth 8.44%
  • Total Assets **** 9.57%
Company report

Parsoft Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Parsoft Systems Private Limited — 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 Parsoft Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Preethi Kittu Director 19 Aug 1998 Current
Hemantha Ramaiah Srikantaiah Director 26 Mar 1999 Current
Raghunandana Kittu Sosale Director 26 Mar 1999 Current
Arun Bhagavan Venkatapura Director 26 Mar 1999 Current

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Financial Performance of Parsoft Systems.

Parsoft Systems Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 3.09% increase. The company also saw a substantial improvement in profitability, with a 28.23% increase in profit. The company's net worth moved up by a moderate rise of 8.44%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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3.09%
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*******
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Revenue from Operations
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3.54%
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*******
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Total Assets
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9.57%
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*******
*******
Profit or Loss
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28.23%
*******
*******
*******
*******
Net Worth
*******
8.44%
*******
*******
*******
*******
EBITDA
*******
18.70%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Parsoft Systems?

In 2021, Parsoft 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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How Many Employees Work at Parsoft Systems?

Parsoft Systems has a workforce of 17 employees as of Apr 03, 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 Parsoft 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 Parsoft 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 Parsoft Systems
Recent Activity within the Organization
  • Annual General Meeting

    The activity Parsoft Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Parsoft Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    Progress on Hemantha Ramaiah Srikantaiah was appointed as a Director was appointed as a Director on 26 Mar 1999 & has been associated with this company since 26 years 10 months . was documented.

  • Director Appointment

    Raghunandana Kittu Sosale was appointed as a Director was appointed as a Director on 26 Mar 1999 & has been associated with this company since 26 years 10 months . was recorded as a recent event.

  • Director Appointment

    Arun Bhagavan Venkatapura was appointed as a Director was appointed as a Director on 26 Mar 1999 & has been associated with this company since 26 years 10 months . was recorded as a recent event.

  • Director Appointment

    Preethi Kittu was appointed as a Director was appointed as a Director on 19 Aug 1998 & has been associated with this company since 27 years 5 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Parsoft Systems Private Limited?

The CIN of Parsoft Systems Private Limited is U72200KA1998PTC024104.

Where is Parsoft Systems Private Limited headquartered?

Parsoft Systems Private Limited is headquartered at No. 359, 16Th Main, 4Th T Block Jayanagar, Bangalore, Karnataka, 560041.

When was Parsoft Systems Private Limited incorporated?

Parsoft Systems Private Limited was incorporated on 19 August 1998.

Who are the current directors of Parsoft Systems Private Limited?

The current directors of Parsoft Systems Private Limited are

What is the primary industry of Parsoft Systems Private Limited?

The primary industry of Parsoft Systems Private Limited is Information And Communication.

Is Parsoft Systems Private Limited a listed company?

Parsoft Systems Private Limited is unlisted.

What is the capital structure of Parsoft Systems Private Limited?

The authorized capital of Parsoft Systems Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Parsoft Systems Private Limited?

The compliance status of Parsoft Systems Private Limited is Compliant.

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