Demandshore Solutions Private Limited

Provides lead management services and software development for B2B companies and sales and marketing decision-makers.

2003 | Pune, Maharashtra (India) | Active
Last Updated: December 07, 2024

Demandshore Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 16.16 Cr
  • Revenue Growth -76.28%
  • Profit Growth -144.90%
  • Ebitda -120.42%
  • Net Worth -2.82%
  • Total Assets -12.30%

About Demandshore Solutions

Demandshore Solutions Private Limited (DSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 August 2003 and has a history of 21 years and six months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Qed Enabled Services Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.11 M.

The company has closed loans amounting to ₹16.16 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Nilay Mehta and Jeremy Rossen serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    readitquik.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72400PN2003PTC018234

  • Company No.

    018234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Business Outsourcing

Who are the key members and board of directors at Demandshore Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Nilay Mehta Country flag representing In Director 04-Jun-2020Current
Jeremy Rossen Country flag representing Us Director 21-Jan-2022Current

Financial Performance of Demandshore Solutions.

Demandshore Solutions Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 76.28% decrease. The company also saw a substantial fall in profitability, with a 144.9% decrease in profit. The company's net worth dipped by a decrease of 2.82%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-76.28%
Revenue from Operations
-78.06%
Total Assets
-12.30%
Profit or Loss
-144.90%
Net Worth
-2.82%
EBITDA
-120.42%

What is the Ownership and Shareholding Structure of Demandshore Solutions?

In 2021, Demandshore Solutions had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹161.60 M

Charges Breakdown by Lending Institutions

  • Others : 10.63 Cr
  • Dhanlaxmi Bank Limited : 2.30 Cr
  • Citi Bank N.A. : 2.00 Cr
  • The Saraswat Co - Operative Bank Limited : 1.13 Cr
  • The Saraswat Co-Operative Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2017Citi Bank N.A.₹2.00 CrSatisfied
14 Dec 2013Others₹10.63 CrSatisfied
08 Jul 2013The Saraswat Co - Operative Bank Limited₹1.60 MSatisfied
19 Jul 2011Dhanlaxmi Bank Limited₹2.30 CrSatisfied
27 Sep 2007The Saraswat Co - Operative Bank Limited₹1.70 MSatisfied

How Many Employees Work at Demandshore Solutions?

Demandshore Solutions has a workforce of 295 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Demandshore Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Demandshore Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Demandshore Solutions

Recent activity within the organization

  • Annual General Meeting

    Demandshore Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Demandshore Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Director Appointment

    Jeremy David Rossen was appointed as a Director was appointed as a Director on 21 Jan 2022 & has been associated with this company since 3 years 1 month .

    21 Jan 2022

  • Director Appointment

    Nilay Pradipbhai Mehta was appointed as a Director was appointed as a Director on 04 Jun 2020 & has been associated with this company since 4 years 8 months .

    04 Jun 2020

  • Charges

    A charge registered on 14 Dec 2013 via Charge ID 10467362 with Others was fully satisfied on 11 Sep 2018.

    11 Sep 2018

  • Charges

    A charge registered on 31 Jan 2017 via Charge ID 100100388 with Citi Bank N.A. was fully satisfied on 10 Sep 2018.

    10 Sep 2018

Recent News, Updates & Announcement

  • News icon
    Salesify acquires Demand Shore.

    India Business News: Pune: Technology marketing company Salesify has completed the acquisition of Pune-based Demand Shore (formerly QED Baton) for an undisclosed amount..

    09 Aug 2018 Times Of India

Frequently asked questions

  • Demandshore Solutions Private Limited was incorporated on 13 Aug 2003.

  • The authorized share capital of Demandshore Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.11 M.

  • Currently 2 directors are associated with Demandshore Solutions Private Limited.

    • Nilay Pradipbhai Mehta
    • Jeremy David Rossen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Demandshore Solutions Private Limited is 19Th Floor Ap81 Koregaon Park Pune, India, Pune City, Maharashtra, 411036.

  • The corporate identification number (CIN) of Demandshore Solutions Private Limited is U72400PN2003PTC018234 and the company number is 018234 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Demandshore Solutions Private Limited is https://www.readitquik.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Demandshore Solutions Private Limited has fallen by -76.28%.

  • As Per 2022 financial reports, 295 employees are currently employed by Demandshore Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Demandshore Solutions Private Limited has experienced an downturn of -2.82%.

  • The most recent Balance Sheet for Demandshore Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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