Parallel Track - Company overview

Parallel Track (legal name: Parallel Track Mhe Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government…

2009-05-13 Bangalore, Karnataka Active Unlisted Active Compliant
Connect MCP
PT Parallel Track

Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
-
▼ -100.0%
FY 2022
PROFIT / LOSS
Loss · Under ₹1 Lakh
▼ -111.9%
FY 2022
EBITDA
Loss · Under ₹1 Lakh
▼ -407.5%
FY 2022
NET WORTH
Loss · ₹50 Lakh–1 Cr
▲ 1.9%
FY 2022
TOTAL ASSETS
₹1–10 Lakh
▲ 104.4%
FY 2022
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.00 Lakh
AUTHORISED CAPITAL
1.00 Lakh
COMPANY AGE
17 Years 5 Months
since 2009-05-13
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-30
ACTIVE GST
1
Updated: 2024-12-16 10:37:58
SATISFIED CHARGES
-
-

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Parallel Track covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
59/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (75), financial health (5), director (90) and company-foundation signals.
  • Operating for 17+ years.
Compliance Score Low risk
75/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
5/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2022.
  • Negative net worth - capital eroded by losses.
Director Risk Score Low risk
90/100
Board strength, DIN status and churn.
  • 2 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Parallel Track Company identity, industry, contact, and registration details from MCA and company records.

Parallel Track (legal name: Parallel Track Mhe Private Limited) is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U74900KA2009PTC049836). Business overview includes Machinery and Equipment (Material Handling & Storage Equipment), incorporated on May 13, 2009 (17+ years old), based in Bangalore. The company is currently Active with Active Compliant compliance status. Public MCA filings list 2 current director record(s) on this profile.

Machinery and Equipment ••••••••
  • Location No. 37/1, 6Th Main, Singasandra Hosur Main Road, Bangalore, Karnataka - 560068
Legal NameParallel Track Mhe Private Limited
CIN / LLPINU74900KA2009PTC049836
Company No.049836
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2009-05-13
Date of AGM2024-09-30
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Parallel Track (2) Current board members from MCA filings, including designation and appointment details.

U
Director | Since 2017-05-10 | DIN: 01596815
V
Director | Since 2023-11-16 | DIN: 00124415

Financial Performance of Parallel Track Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2022
Revenue - ▼ -100.0%
P&L Loss · Under ₹1 Lakh ▼ -111.9%
EBITDA Loss · Under ₹1 Lakh ▼ -407.5%
Net worth Loss · ₹50 Lakh–1 Cr ▲ 1.9%

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingMetal and metal products100

Companies With Common Directors Of Parallel Track Other companies that share directors with this entity, based on MCA and compliance network data.

Financial Ratios of Parallel Track Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

Profitability, leverage and liquidity ratios require an active report plan.

Net profit margin Debt / Equity Current ratio ROE

Shareholding Pattern of Parallel Track Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

Ownership mix and contribution history require an active report plan.

Ownership mix Category breakdown Year-wise pattern Promoter holding

GST Compliance of Parallel Track GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

MSME Payment Delays by Parallel Track MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

MCA Filings & Documents of Parallel Track Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index
Frequently Asked Questions about Parallel Track Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
What is CIN of Parallel Track?
The Corporate Identification Number (CIN) for Parallel Track is U74900KA2009PTC049836. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 049836 as per MCA.
When was Parallel Track incorporated?
Parallel Track was incorporated 17 years 5 months ago on 13 May 2009.
Who are the current board members and directors of Parallel Track?
Parallel Track shows 2 current director record(s) in this profile. Open the People tab for names, DIN, and designations.
What is the registered address of Parallel Track?
Parallel Track is registered in Bangalore, Karnataka as per MCA records. Full street address is available after unlock.
What is the ROC code of Parallel Track?
Parallel Track ROC code is Roc Bangalore.
What is the company classification of Parallel Track?
Parallel Track is classified as Private Limited Indian Non-Government Company.
Parallel Track - is it listed or unlisted?
Parallel Track is a Unlisted company.
What is the current status of Parallel Track?
Parallel Track is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Parallel Track associated with?
Parallel Track lists activity aligned with: Machinery and Equipment - Material Handling & Storage Equipment - Metal and metal products. See the Overview and Competition sections for fuller industry context.
Does Parallel Track have GST registrations on file?
Parallel Track shows 1 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Are there similar companies to Parallel Track?
This profile lists 10 similar or peer company record(s). Open the Competition tab for comparisons.
What is the turnover or revenue of Parallel Track?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Parallel Track?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.