Parallel Wireless India Private Limited - Due diligence report

A 360° intelligence report on Parallel Wireless: trust score, financial health, credit view, compliance, directors, growth and distress sign…

2013-05-14 Haveli, Maharashtra Active Unlisted Active Compliant
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PW Parallel Wireless India Private Limited
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Parallel Wireless — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Parallel Wireless is assessed as Low Risk with a Trust Score of 88/100. Parallel Wireless is an active private limited foreign company incorporated in india incorporated in 2013, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Parallel Wireless India Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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 ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

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

Get full access

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: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

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

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
KAMLESH SUBHASH DEVKAR 01234567 Director 01/04/2018 6 yrs Approved
SEAN PATRICK FALVEY 01234567 Director 01/04/2018 6 yrs Approved
ANAND VIJAY BHASKARWAR 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 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
Parallel Wireless Inc
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Parallel Wireless Inc Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Net margin improved to 2.1x.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence89/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment88/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
26 Sep 2023
Director ceased
SEAN PATRICK FALVEY
Director ceased
ANAND VIJAY BHASKARWAR
08 Dec 2022
Director ceased
SRIDHAR DONEPUDI
Director ceased
CHRISTOPHER JOSEPH SULLIVAN
07 Dec 2022
Director appointed
SEAN PATRICK FALVEY (Director)
Director appointed
ANAND VIJAY BHASKARWAR (Director)
08 Mar 2022
Director appointed
KAMLESH SUBHASH DEVKAR (Director)
Director ceased
PULI RANGASWAMY SRINIVAS
31 Mar 2021
Share transfer (FY 2021)
1.00000000 shares to PARALLEL WIRELESS UK LIMITED
30 Dec 2020
Director ceased
KAITKI AGARWAL
Director ceased
RAJESH KUMAR MISHRA
14 May 2013
Incorporated
Registered with Roc Pune
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Rms U72900DL2010PTC209565 New Delhi, Delhi, India
Mastercard Mobile Transactions Solutions Private Limited U72200PN2005PTC165613 Pune City, Maharashtra, India
Fis Solutions Software (India) Private Limited U72200DL2007PTC331316 New Delhi, Delhi, India
Nisum Consulting Private Limited U74900TG2016FTC103157 Hyderabad, Telangana, India
Whatsapp U72900TG2017FTC120337 Hitech City, Hyderabad, Telangana, India
Jk Technosoft U64202UP1988PLC209717 Noida, Uttar Pradesh, India
Quadra U51505KA2005PTC035931 Bangalore, Karnataka, India
Sonicwall Technology Systems India Private Limited U72900KA2006PTC133314 Bangalore, Karnataka, India
12

Who Uses This Report

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

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

Company Secretaries (CS)

Track statutory health of Parallel Wireless: 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: Favourable lending indicators. Credit risk score 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Parallel Wireless - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Parallel Wireless pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Parallel Wireless - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Parallel Wireless an active company?

Parallel Wireless has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Parallel Wireless financially healthy?

Parallel Wireless has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Parallel Wireless?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Parallel Wireless?

The ultimate holding entity is Parallel Wireless Inc. 3 active director(s) are on record.

Does Parallel Wireless have loans or charges against its assets?

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

Is Parallel Wireless up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Parallel Wireless?

Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.

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.