Parallel Wireless India Private Limited - Company overview

Registered with ROC Pune on 14 May 2013, Parallel Wireless is an active private company owned by a foreign company that has been around for …

2013-05-14 Haveli, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -3.6%
FY 2023
PROFIT / LOSS
₹10–25 Cr
▼ -0.3%
FY 2023
EBITDA
₹25–50 Cr
▲ 16.0%
FY 2023
NET WORTH
₹50–100 Cr
▲ 29.0%
FY 2023
TOTAL ASSETS
₹50–100 Cr
▲ 13.8%
FY 2023
EMPLOYEE COUNT
231–240
OPEN CHARGES
-
-
PAID-UP CAPITAL
1.00 Lakh
AUTHORISED CAPITAL
5.00 Lakh
COMPANY AGE
13 Years 5 Months
since 2013-05-14
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-30
ACTIVE GST
2
Updated: 2025-01-15 17:20:15
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 Wireless 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 Low risk
87/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (88), financial health (75), director (95) and company-foundation signals.
  • Operating for 13+ years.
Compliance Score Low risk
88/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Low risk
75/100
Profitability, leverage and liquidity from filed statements.
  • Profitable in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 3 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 Wireless Company identity, industry, contact, and registration details from MCA and company records.

Registered with ROC Pune on 14 May 2013, Parallel Wireless is an active private company owned by a foreign company that has been around for about 13 years. The registered office is at 4Th Floor, The Kode Building S.No.134/1/38, Haveli, Maharashtra.

In its MCA filings the main business is listed as computer programming, consultancy and related activities, which made up 100% of turnover.

It has three directors: Kamlesh Subhash Devkar, Sean Patrick Falvey and Anand Vijay Bhaskarwar. The board changed around December 2022, when Sridhar Donepudi and Christopher Joseph Sullivan stepped down and new directors joined.

₹1 lakh of its ₹5 lakh authorised capital is paid up (about 20%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 30 September 2025. No charges (secured loans) are registered against it.

Information Technology ••••••••
  • Location 4Th Floor, The Kode Building S.No.134/1/38, Haveli, Maharashtra - 411045
  • Website parallelwireless.com
LinkedIn Facebook Twitter YouTube
Legal NameParallel Wireless India Private Limited
CIN / LLPINU72900PN2013FTC147393
Company No.147393
ClassificationPrivate Limited Foreign Company Incorporated In India
Incorporation Date2013-05-14
Date of AGM2025-09-30
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Pune
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Parallel Wireless (3) Current board members from MCA filings, including designation and appointment details.

K
Kamlesh Subhash Devkar
Director | Since 2022-03-08 | DIN: 09482136
S
Sean Patrick Falvey
Director | Since 2022-12-07 | DIN: 09791940
A
Anand Vijay Bhaskarwar
Director | Since 2022-12-07 | DIN: 09796495

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

Estimated bands · FY 2023
Revenue ₹100–500 Cr ▼ -3.6%
P&L ₹10–25 Cr ▼ -0.3%
EBITDA ₹25–50 Cr ▲ 16.0%
Net worth ₹50–100 Cr ▲ 29.0%

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

Activity GroupDescriptionTurnover %
Information and communicationComputer programming, consultancy and related activities100

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

9 years of ratios on record

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

Net profit margin Debt / Equity Current ratio ROE

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

8 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Parallel Wireless EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Parallel Wireless 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

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MSME Payment Delays by Parallel Wireless 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

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MCA Filings & Documents of Parallel Wireless 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

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Frequently Asked Questions about Parallel Wireless Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Parallel Wireless?
MCA does not publish an "owner" field. Parallel Wireless is run by its directors, Kamlesh Subhash Devkar, Sean Patrick Falvey and Anand Vijay Bhaskarwar. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Parallel Wireless?
Parallel Wireless has three current directors: Kamlesh Subhash Devkar (since March 2022), Sean Patrick Falvey (since December 2022) and Anand Vijay Bhaskarwar (since December 2022).
What is CIN of Parallel Wireless?
The CIN of Parallel Wireless is U72900PN2013FTC147393. Reading it left to right: U means it is not listed, 72900 is the industry code it registered under, 2013 is the year it was registered, FTC is the company type and 147393 is its registration number.
When was Parallel Wireless incorporated?
Parallel Wireless was incorporated on 14 May 2013 with ROC Pune. That makes it about 13 years old.
What is the registered address of Parallel Wireless?
The registered office on MCA records is 4Th Floor, The Kode Building S.No.134/1/38, Haveli, Maharashtra - 411045.
What is the current status of Parallel Wireless?
MCA shows Parallel Wireless as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Parallel Wireless?
You can post to its registered office at 4Th Floor, The Kode Building S.No.134/1/38, Haveli, Maharashtra - 411045 and use its website, https://parallelwireless.com.
What industry or business activity is Parallel Wireless associated with?
Its MCA filings list the main business as computer programming, consultancy and related activities (100% of turnover).
What is paid-up capital and authorised share capital of Parallel Wireless?
Paid-up capital is ₹1 lakh and authorised capital is ₹5 lakh, so about 20% of the authorised amount has been issued.
When did Parallel Wireless last file accounts and hold an AGM?
The last AGM on record was on 30 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Parallel Wireless?
MCA shows no charges registered against Parallel Wireless, so no assets are pledged for a registered secured loan.
Have any directors left Parallel Wireless?
Yes, five former directors are on record. The most recent to leave were Sridhar Donepudi (December 2022), Christopher Joseph Sullivan (December 2022) and Puli Rangaswamy Srinivas (March 2022).
What is the turnover or revenue of Parallel Wireless?
Based on filed financial statements, the revenue of Parallel Wireless for FY 2023 was in the ₹100–500 Cr range. That is down 3.6% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Parallel Wireless?
For FY 2023, the net worth of Parallel Wireless was in the ₹50–100 Cr range.
How can I get the financial details of Parallel Wireless?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Parallel Wireless?
The website on record for Parallel Wireless is https://parallelwireless.com.
Which company owns parallelwireless.com?
parallelwireless.com is the website listed for Parallel Wireless India Private Limited in its company records.
Parallel Wireless - is it listed or unlisted?
Parallel Wireless is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Parallel Wireless?
Parallel Wireless is registered with ROC Pune.
What is the company classification of Parallel Wireless?
MCA classifies Parallel Wireless as: Private Limited Foreign Company Incorporated In India.
Does Parallel Wireless have GST registrations on file?
Yes, 2 active GST registrations are linked to Parallel Wireless, usually one per state it operates in.

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.