Dropbase Software Private Limited - Due diligence report

A 360° intelligence report on Parsel: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…

2014-08-19 Jaipur, Rajasthan Strike Off Unlisted Active Compliant
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Parsel — 360° Intelligence Report

Generated from MCA filings & public records
39/100
Trust Score
Caution Indicated

Parsel is assessed as Caution Indicated with a Trust Score of 39/100. Parsel is a private limited indian non-government company incorporated in 2014, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 04 Jul 2026 from the latest processed filings. Dropbase Software Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
39/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
25/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 5/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Last balance sheet is for Mar 2018 - filings overdue.
  • Flagged by authority: NCLT.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RAKESH SOORIANATHAN KANNI 01234567 Director 01/04/2018 6 yrs Approved
HIMANSHU MEENA 01234567 Director 01/04/2018 6 yrs Approved
DEEPAK KUMAR CHOPRA 01234567 Director 01/04/2018 6 yrs Approved
AKHIL SHARMA 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2018 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
5
Group entities
5
Capital events
18 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Patch Software Private Limited Subsidiary Company 74.00%
Saap Logistics Private Limited Subsidiary Company 74.00%
Pcs Express Subsidiary Company 74.00%
Stcs Logistics Private Limited Subsidiary Company 74.00%
E-vahan Express Private Limited Subsidiary Company 74.00%
Redex Enterprise Private Limited Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 25
Growth signals & trust indicators
Revenue acceleration: +1.42 over 2 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 11+ years.
Distress signals & risk flags
Outside liabilities up 0.86 in a year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (5/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence21/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment29/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
14 Apr 2021
Director ceased
SHIVRAJ HARSHA
31 Mar 2021
Director ceased
SUMEET RAJARAM CHHABRIA
25 Jul 2020
Securities allotted
337 Equity Shares Without Differential Rights - 1.31 cr raised
24 Jul 2020
Securities allotted
154 Equity Shares Without Differential Rights - 75.00 Lakh raised
23 Jul 2020
Securities allotted
850 Equity Shares Without Differential Rights - 3.31 cr raised
24 Jun 2020
Director ceased
SHAIVAL MAYURBHAI DESAI
14 Jun 2019
Securities allotted
175 Equity Shares Without Differential Rights - 69.29 Lakh raised
Securities allotted
158 Equity Shares Without Differential Rights - 62.56 Lakh raised
31 May 2019
Director ceased
AKHIL SHARMA
18 May 2019
Director appointed
DEEPAK KUMAR CHOPRA (Additional Director)
12 Mar 2019
Securities allotted
48 Equity Shares Without Differential Rights - 14.87 Lakh raised
30 Sep 2018
Last AGM held
Annual general meeting
02 Jun 2018
Securities allotted
3269 Equity Shares Without Differential Rights - 10.13 cr raised
31 Mar 2018
Latest balance sheet
Filed with ROC
30 Sep 2017
Director ceased
RAKESH SOORIANATHAN KANNI
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 2 financial year(s).
Net profit margin moved from 38% to 1.42.
4 active director(s) / partner(s); board looks stable and experienced.
Operates a group structure with 5 subsidiary(ies) - assess on a consolidated basis.
Promoters hold the largest single block of equity as per the FY 2018 annual return.
Capital has been raised through 18 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Huptech Web U74999GJ2017PTC095944 Ahmadabad City, Gujarat, India
Bauenad Interactive Private Limited U74900KA2014PTC077081 Bengaluru, Karnataka, India
Incite U74300KA2009PTC049341 Bangalore, Karnataka, India
Vertilinks Online India Private Limited U72200TG2014PTC095997 Hyderabad, Telangana, India
Ensight U74140GJ2012PTC071069 Ahmedabad, Gujarat, India
Impower Solutions U72200TN2014PTC094632 Chinglepet, Tamil Nadu, India
Medsoftusa U72400KA1999PTC024783 Bangalore, Karnataka, India
Kolla Innovatives Infotech Private Limited U74200AP2005PTC045815 Visakhapatnam, Andhra Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Parsel before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Parsel: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 85/100, margin trends, ownership structure and peer set for Parsel - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 39/100, distress signals and MSME payment-delay disclosures - know whether Parsel pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Parsel - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Parsel an active company?

Parsel has MCA status “Strike Off” with a compliance score of 5/100 (Caution Indicated).

Is Parsel financially healthy?

Parsel has a Financial Health Score of 25/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Parsel?

Its overall Trust Score is 39/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Parsel?

Promoters hold the largest single block of equity - exact percentages are in the full report. 4 active director(s) are on record.

Does Parsel have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Parsel up to date with its ROC filings?

Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Parsel?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.