

Demandshore Solutions Profile
Key Indicators
- Authorised Capital ₹ 0.20 M
- Paid Up Capital ₹ 0.11 M
- Company Age 21 Year, 8 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 eight 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
- 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
Who are the key members and board of directors at Demandshore Solutions?
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Nilay Mehta ![]() | Director | 04-Jun-2020 | Current |
Jeremy Rossen ![]() | Director | 21-Jan-2022 | Current |
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%.


- Key Matrics
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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.

Related Corporates (Common Directorship)
- Ziff Davis Performance Marketing Private Limited
Nilay Mehta and Jeremy Rossen are mutual person
- Demandshore Media Private Limited
Nilay Mehta and Jeremy Rossen are mutual person
- Spiceworks It Solutions India Private Limited
Nilay Mehta and Jeremy Rossen are mutual person
- Fountain Ink Media Private Limited
Nilay Mehta is a mutual person
- Vipre Sg India Private Limited
Jeremy Rossen is a mutual person
- Retailmenot India Private Limited
Jeremy Rossen is a mutual person
Charges (Loans)
₹0
₹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
Date | Lender | Amount | Status |
---|---|---|---|
31 Jan 2017 | Citi Bank N.A. | ₹2.00 Cr | Satisfied |
14 Dec 2013 | Others | ₹10.63 Cr | Satisfied |
08 Jul 2013 | The Saraswat Co - Operative Bank Limited | ₹1.60 M | Satisfied |
19 Jul 2011 | Dhanlaxmi Bank Limited | ₹2.30 Cr | Satisfied |
27 Sep 2007 | The Saraswat Co - Operative Bank Limited | ₹1.70 M | Satisfied |
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.

Deals i

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

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

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.
- Balance Sheet
Demandshore Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- 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 3 months .
- 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 10 months .
- Charges
A charge registered on 14 Dec 2013 via Charge ID 10467362 with Others was fully satisfied on 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.
Recent News, Updates & Announcement
- 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..
Frequently asked questions
What is the Incorporation or founding date of Demandshore Solutions Private Limited?
Demandshore Solutions Private Limited was incorporated on 13 Aug 2003.
What is authorized share capital and paid-up capital of Demandshore Solutions Private Limited?
The authorized share capital of Demandshore Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.11 M.
Who are the current board members & directors of Demandshore Solutions Private Limited?
Currently 2 directors are associated with Demandshore Solutions Private Limited.
- Nilay Pradipbhai Mehta
- Jeremy David Rossen
What is the registered address of Demandshore Solutions Private Limited?
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.
What is the corporate identification number (CIN) and company number of Demandshore Solutions Private Limited?
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).
What is the official website of Demandshore Solutions Private Limited?
The Official website of Demandshore Solutions Private Limited is https://www.readitquik.com
What has been the recent revenue trend for Demandshore Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Demandshore Solutions Private Limited has fallen by -76.28%.
How many employees does Demandshore Solutions Private Limited currently have?
As Per 2022 financial reports, 295 employees are currently employed by Demandshore Solutions Private Limited.
What change has been observed in the net worth of Demandshore Solutions Private Limited, and by what percentage?
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%.
When was the last Balance Sheet of Demandshore Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Demandshore Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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