About Parxsys Moblit Systems Private Limited
Data last updated:
Parxsys Moblit Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Signpost India Private Limited. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 29 January 2016.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2016PTC085659. Its GSTIN is 29AAICP5124D1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Srinidhi Sridhar and Haseeb Syed Arfath.
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 No.6 1st Cross 8th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.53 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹70,000 (net margin -7.3%) and EBITDA of -₹63,000 (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years and 42% over five years.
The company is associated with 2 brands: ParXsys and Coo Rides.
The last known website on record is parxsys.com.
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- Registered AddressNo.6 1st Cross 8th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryAutomotive, Auto Parts & Components
- 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 Parxsys Moblit Systems Private Limited FY 2024 filings available
Parxsys Moblit Systems Private Limited reported revenue of ₹9.53 Lakh (down 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Parxsys Moblit Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 97% fall in the latest year. EBITDA fell 110% 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 Parxsys Moblit Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹63,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70,000 | •••• | •••• | •••• | •••• |
| 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 Parxsys Moblit Systems Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 Parxsys Moblit Systems are in the company report.
Financial statements from FY 2016
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 Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Micron Pins Pvt Ltd | ₹9.61 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Punjab, India |
| Regiis Cars Private Limited | ₹9.61 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Ernakulam, Kerala, India |
| Ararkay Enterprises Private Limited | ₹9.59 Lakh (FY 2019) | •••• | •••• | -60.0% | •••• | Chennai, Tamil Nadu, India |
| Rastogi Motors Private Limited | ₹9.53 Lakh (FY 2018) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Ixor Electric Private Limited | ₹9.53 Lakh (FY 2024) | •••• | •••• | 635247.0% | •••• | Coimbatore, Tamil Nadu, India |
| Parxsys Moblit Systems Private Limited this company | ₹9.53 Lakh (FY 2023) | •••• | •••• | -97.0% | •••• | Bangalore, Karnataka, India |
| Iauto Components Private Limited | ₹9.47 Lakh (FY 2018) | •••• | •••• | -2.0% | •••• | Gurgaon, Haryana, India |
| Roop Namyang Steering Systems India Private Limited | ₹9.44 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Deccan Conveyors Private Limited | ₹9.42 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Bajato Lights Private Limited | ₹9.42 Lakh (FY 2021) | •••• | •••• | •••• | Delhi, India | |
| Lynx Tools & Components Private Limited | ₹9.38 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Parxsys Moblit Systems by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems Private Limited is audited by KUMAR & JAYAKRISHNAN for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMAR & JAYAKRISHNAN | 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 Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinidhi Sridhar Also directs: Kerberon Automations Private Limited | Director | 29 Jan 2016 | 10 Years 8 Months | Current |
| Haseeb Syed Arfath Also directs: Kerberon Automations Private Limited, Blufission Material Management Systems LLP, Nilah Sapience Academy LLP and 3 more | Director | 29 Jan 2016 | 10 Years 8 Months | Current |
| Sushil Pandey Premprakash | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
Ownership and Shareholding of Parxsys Moblit Systems 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 Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems operates two associated brands: ParXsys and Coo Rides. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a bicycle sharing platform for urban mobility. | parxsys.com | |
| Operates an online platform for bicycle rentals. | coorides.in |
Employees and EPFO Compliance at Parxsys Moblit Systems Private Limited
Employment history and EPFO contributions of people linked to Parxsys Moblit Systems.
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 Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems Private Limited has 7 board changes on record since 2016: 3 appointments and 4 cessations. The latest: Dipankar Chatterjee ceased to be Additional Director on 28 Sep 2019.
Credit Ratings, Litigation & Regulatory Alerts for Parxsys Moblit Systems 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 Parxsys Moblit Systems 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
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Subsidiaries & Group Companies of Parxsys Moblit Systems 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
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GST Compliance of Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP5124D1ZI | Karnataka | 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
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MCA Filings & Documents of Parxsys Moblit Systems 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 Parxsys Moblit Systems Private Limited
Parxsys Moblit Systems is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Parxsys Moblit Systems is a company pending strike off, currently registered as a private limited company based in Bangalore, Karnataka, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 29 January 2016 and is registered under CIN U72200KA2016PTC085659. The company may be struck off soon - caution is advised.
The compliance status of Parxsys Moblit Systems is compliant as of 30 August 2026.
Parxsys Moblit Systems has 3 current directors:
- Srinidhi Sridhar - Director
- Haseeb Syed Arfath - Director
- Sushil Pandey Premprakash - Director
The CIN (Corporate Identification Number) of Parxsys Moblit Systems is U72200KA2016PTC085659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parxsys Moblit Systems was incorporated on 29 January 2016. It is registered with the Registrar of Companies, Bangalore.
Parxsys Moblit Systems can be reached through the website parxsys.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Parxsys Moblit Systems is at No.6 1st Cross 8th Main 3rd Block East Jayanagar, Bangalore, Karnataka, India – 560011.
Parxsys Moblit Systems reported revenue of ₹9.53 Lakh for FY 2023 (down 97% YoY).
Parxsys Moblit Systems has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
Parxsys Moblit Systems reported a net loss of ₹70,000 (net margin -7.3%) and EBITDA of -₹63,000 (EBITDA margin -6.6%) for FY 2023, as per its filed financial statements.