Parsvatech Solutions LLP
About Parsvatech Solutions LLP
Data last updated:
Parsvatech Solutions LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 24 November 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-9623. Its GSTIN is 27AAQFP6479A1ZU (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rushabh Rajesh Shah and Saniel Sunil Golechha.
Its latest statement of accounts is for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the LLP reported a revenue of ₹86,645, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹50,235 (net margin 58%) and EBITDA of ₹86,645 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
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- Registered Address102 1st Floor Plot – 100 Vijay Apartment Bhulabhai Desai Road Kemps Corner Cumb, Alla Hill, Mumbai, Maharashtra, India – 400026
- IndustryFinancial Services, Real Estate Financing
- 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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Financials of Parsvatech Solutions LLP FY 2019 filings available
Parsvatech Solutions LLP reported revenue of ₹86,645 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Parsvatech Solutions LLP
Revenue has declined at a compounded annual rate (CAGR) of 70% over three years. 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 Parsvatech Solutions LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹86,645 | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹50,235 | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parsvatech Solutions LLP
| Statement of Account and Solvency | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 58% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Parsvatech Solutions are in the company report.
Financial statements from 2015
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.
Designated Partners of Parsvatech Solutions LLP
Parsvatech Solutions has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rushabh Rajesh Shah | Designated Partner | 24 Nov 2014 | 11 Years 10 Months | Current |
| Saniel Sunil Golechha | Designated Partner | 24 Nov 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Parsvatech Solutions LLP
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 Parsvatech Solutions LLP
Parsvatech Solutions LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Parsvatech Solutions LLP
Employment history and EPFO contributions of people linked to Parsvatech Solutions.
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 Parsvatech Solutions LLP
Parsvatech Solutions LLP has 2 designated partner changes on record since 2014: 2 appointments. The latest: Rushabh Rajesh Shah was appointed as Designated Partner on 24 Nov 2014.
Credit Ratings, Litigation & Regulatory Alerts for Parsvatech Solutions LLP
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 Parsvatech Solutions LLP
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 Parsvatech Solutions LLP
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 Parsvatech Solutions LLP
Parsvatech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQFP6479A1ZU | Maharashtra | Active | 01 Jul 2017 |
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 Parsvatech Solutions LLP
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 Parsvatech Solutions LLP
Parsvatech Solutions is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in real estate financing, within the financial services industry. It was incorporated on 24 November 2014 (12+ years old) and is registered under LLPIN AAC-9623.
Parsvatech Solutions reported revenue of ₹86,645 for FY 2019 (down 100% YoY).
Parsvatech Solutions has 2 current designated partners:
- Rushabh Rajesh Shah - Designated Partner
- Saniel Sunil Golechha - Designated Partner
Parsvatech Solutions reported a net profit of ₹50,235 (net margin 58%) and EBITDA of ₹86,645 (EBITDA margin 100%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Parsvatech Solutions is -70% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Parsvatech Solutions is 27AAQFP6479A1ZU, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Parsvatech Solutions is AAC-9623. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Parsvatech Solutions was incorporated on 24 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Rushabh Rajesh Shah was appointed as Designated Partner on 24 Nov 2014. Saniel Sunil Golechha was appointed as Designated Partner on 24 Nov 2014.
The registered office of Parsvatech Solutions is at 102 1st Floor Plot – 100 Vijay Apartment Bhulabhai Desai Road Kemps Corner Cumb, Alla Hill, Mumbai, Maharashtra, India – 400026.