About Time Parity Solutions Private Limited
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Time Parity Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U74999TZ2016PTC022234. Its GSTIN is 33AAFCT6254K1Z4 (Tamil Nadu).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vincent Paul and Elizabeth Suganthy Jayaveeranan.
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 5/316 Defence Colony Kadampadi Kangayampalayam Post Sulur Tehsil, Coimbatore, Tamil Nadu, India – 641401.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹51,609 (net margin -29.7%) and EBITDA of -₹51,397 (EBITDA margin -29.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 16% over five years.
The company is associated with 1 brand: Time parity.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timeparity.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address5/316 Defence Colony Kadampadi Kangayampalayam Post Sulur Tehsil, Coimbatore, Tamil Nadu, India – 641401
- 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 Time Parity Solutions Private Limited
The main business activity of Time Parity Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Time Parity Solutions Private Limited FY 2025 filings available
Time Parity Solutions Private Limited reported revenue of ₹1.74 Lakh (up 1016% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Time Parity Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. EBITDA rose 80% 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 Time Parity Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹51,397 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹51,609 | •••• | •••• | •••• | •••• |
| 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 Time Parity Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -29.7% | •••• | •••• | •••• | •••• |
| 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 Time Parity Solutions 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 Time Parity Solutions Private Limited
Time Parity Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Risensoft Technology Private Limited | ₹1.75 Lakh (FY 2022) | •••• | •••• | 2684.0% | •••• | Hyderabad, Telangana, India |
| Walgi Private Limited | ₹1.75 Lakh (FY 2024) | •••• | •••• | •••• | Morigaon, Assam, India | |
| Misarji Innovations Private Limited | ₹1.75 Lakh (FY 2021) | •••• | •••• | -18.0% | •••• | Darbhanga, Bihar, India |
| Sritel Networks Private Limited | ₹1.75 Lakh (FY 2020) | •••• | •••• | •••• | Satna, Madhya Pradesh, India | |
| Nextcharm Impex Private Limited | ₹1.74 Lakh (FY 2022) | •••• | •••• | •••• | Chandigarh, India | |
| Time Parity Solutions Private Limited this company | ₹1.74 Lakh (FY 2024) | •••• | •••• | 1016.0% | •••• | Coimbatore, Tamil Nadu, India |
| Vibhavin Technologies Private Limited | ₹1.74 Lakh (FY 2024) | •••• | •••• | -87.0% | •••• | Ernakulam, Kerala, India |
| Iproxel Consulting (OPC) Private Limited | ₹1.74 Lakh (FY 2024) | •••• | •••• | -76.0% | •••• | Pune, Maharashtra, India |
| Seedsync Services (OPC) Private Limited | ₹1.73 Lakh (FY 2020) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Aforecybersec Technology Private Limited | ₹1.73 Lakh (FY 2021) | •••• | •••• | -99.0% | •••• | Bangalore, Karnataka, India |
| Ibbees Websoft Private Limited | ₹1.73 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Time Parity Solutions by revenue in the same principal business activity (Other information & communication service activities), 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 Time Parity Solutions Private Limited
Time Parity Solutions Private Limited is audited by RAGU PRASHANTH & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAGU PRASHANTH & ASSOCIATES | 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 Time Parity Solutions Private Limited
Time Parity Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vincent Paul | Director | 01 Feb 2016 | 10 Years 8 Months | Current |
| Elizabeth Suganthy Jayaveeranan | Director | 01 Feb 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Time Parity Solutions 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 Time Parity Solutions Private Limited
Time Parity Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Time Parity Solutions Private Limited
Time Parity Solutions operates one associated brand: Time parity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops SharePoint apps for SMS integrations, Twilio, and Plivo connectors. | timeparity.com |
Employees and EPFO Compliance at Time Parity Solutions Private Limited
Employment history and EPFO contributions of people linked to Time Parity 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 Time Parity Solutions Private Limited
Time Parity Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Elizabeth Suganthy Jayaveeranan was appointed as Director on 01 Feb 2016.
Credit Ratings, Litigation & Regulatory Alerts for Time Parity Solutions 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 Time Parity Solutions 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 Time Parity Solutions 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 Time Parity Solutions Private Limited
Time Parity Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT6254K1Z4 | Tamil Nadu | Active | 27 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 Time Parity Solutions 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 Time Parity Solutions Private Limited
Time Parity Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U74999TZ2016PTC022234.
Time Parity Solutions reported revenue of ₹1.74 Lakh for FY 2024 (up 1016% YoY).
Time Parity Solutions has 2 current directors:
- Vincent Paul - Director
- Elizabeth Suganthy Jayaveeranan - Director
Time Parity Solutions reported a net loss of ₹51,609 (net margin -29.7%) and EBITDA of -₹51,397 (EBITDA margin -29.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Time Parity Solutions is -24% over three years and 16% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Time Parity Solutions is 33AAFCT6254K1Z4, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Time Parity Solutions is U74999TZ2016PTC022234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Time Parity Solutions was incorporated on 01 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Time Parity Solutions by revenue are Risensoft Technology Private Limited, Walgi Private Limited, Misarji Innovations Private Limited, Sritel Networks Private Limited, Nextcharm Impex Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Elizabeth Suganthy Jayaveeranan was appointed as Director on 01 Feb 2016. Vincent Paul was appointed as Director on 01 Feb 2016.
Time Parity Solutions can be reached through the website timeparity.com. Its registered office is in Coimbatore, Tamil Nadu, India.