About Parspec India Private Limited
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Parspec India Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 08 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72502UP2021FTC156606. Its GSTIN is 09AAMCP5166D1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹11 Lakh. It is led by directors including Pratyush Havelia (Managing Director) and Forest Lee Flager.
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 Sector 67, Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.16 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.3 Cr (net margin 8.6%) and EBITDA of ₹1.87 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 152% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
For more details, the company can be reached via its website parspec.io.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCespl Ground Floor B – 67, Sector 67, Noida, Uttar Pradesh, India – 201301
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Parspec India Private Limited
The main business activity of Parspec India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Parspec India Private Limited FY 2025 filings available
Parspec India Private Limited reported revenue of ₹15.16 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parspec India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 152% over three years, including 30% growth in the latest year. EBITDA rose 16% 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 of Parspec India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹1.87 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.3 Cr | •••• | •••• | •••• |
| 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 of Parspec India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• |
| Net Profit Margin | 8.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parspec India are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Parspec India Private Limited
Parspec India Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anora Semiconductor Labs Private Limited | •••• | •••• | •••• | •••• | 106 | Chennai, Tamil Nadu, India |
| Globalwave Softech Private Limited | •••• | •••• | •••• | •••• | - | Vishakhapatnam, Andhra Pradesh, India |
| 9Edge Technologies Private Limited | •••• | •••• | •••• | •••• | 23 | Pune, Maharashtra, India |
| DTC Infotech Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Sundaram Infotech Solutions Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Parspec India Private Limited this company | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Garage Platform India Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Audatex Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | New Delhi, Delhi, India |
| Cerf Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Soham Erp Solutions Private Limited | •••• | •••• | •••• | •••• | 24 | Ahmedabad, Gujarat, India |
| Mobolution India Private Limited | •••• | •••• | •••• | •••• | 125 | Chennai City Corporation, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Parspec India by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Parspec India Private Limited
Parspec India Private Limited is audited by Maneesh K Gupta & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maneesh K Gupta & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parspec India Private Limited
Parspec India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pratyush Havelia | Managing Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Forest Lee Flager | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
| Ishani Srivastava | Director | 08 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Parspec India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parspec India Private Limited
Parspec India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Parspec India Private Limited
Parspec India Private Limited has 1 court case on record: 1 filed by Parspec India. All case is pending. Status as checked on 21 Sep 2026.
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, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against an individual | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Parspec India Private Limited
Parspec India Private Limited has a workforce of 17 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Parspec India Private Limited
Parspec India Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Forest Lee Flager was appointed as Director on 08 Dec 2021.
Credit Ratings, Litigation & Regulatory Alerts for Parspec India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parspec India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parspec India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parspec India Private Limited
Parspec India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAMCP5166D1Z6 | Uttar Pradesh | Active | 22 Jan 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parspec India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parspec India Private Limited
Parspec India is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 08 December 2021 (5+ years old) and is registered under CIN U72502UP2021FTC156606.
Parspec India reported revenue of ₹15.16 Cr for FY 2025 (up 30% YoY).
Parspec India has 3 current directors:
- Pratyush Havelia - Managing Director
- Forest Lee Flager - Director
- Ishani Srivastava - Director
Parspec India reported a net profit of ₹1.3 Cr (net margin 8.6%) and EBITDA of ₹1.87 Cr (EBITDA margin 12.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parspec India is 152% over three years. In the latest year (FY 2025) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parspec India is 09AAMCP5166D1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Parspec India is U72502UP2021FTC156606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parspec India has 1 court case on record: 1 filed by the company. 1 is pending.
Parspec India was incorporated on 08 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Parspec India by revenue are Anora Semiconductor Labs Private Limited, Globalwave Softech Private Limited, 9Edge Technologies Private Limited, DTC Infotech Private Limited, Sundaram Infotech Solutions Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Forest Lee Flager was appointed as Director on 08 Dec 2021. Ishani Srivastava was appointed as Director on 08 Dec 2021. Pratyush Havelia was appointed as Managing Director on 08 Dec 2021.