About Parsel Exchange Private Limited
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Parsel Exchange Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 22 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2012PTC237106. Its GSTIN is 27AAFCK0215R1ZB (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.7 Lakh. It was formerly known as Knowledge Exchange Private Limited. It is led by directors Viral Vinod Chitalia and Pankaj Laxmichand Savla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – Wing Chanakaya Chs Ltd Mahavir Nagar Link Road Kandivali West, Mumbai, Maharashtra, India – 400067.
The company is associated with 2 brands: Parsel and Parsel. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.06 Cr; the latest was in January 2023. Its 7 peer companies in the Information Technology industry (Cloud Computing) are compared by revenue, 5 larger and 2 smaller; the largest is Cag Taxfin IT Solutions Private Limited with revenue of ₹1,666.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parselexchange.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD – Wing Chanakaya Chs Ltd Mahavir Nagar Link Road Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryEducation, Corporate Training & Development
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Parsel Exchange Private Limited FY 2025 filings available
Parsel Exchange Private Limited reported revenue of ₹698 for FY 2025.
Compounded Annual Growth Rate (CAGR) of Parsel Exchange Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Parsel Exchange Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Parsel Exchange Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Parsel Exchange are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Parsel Exchange Private Limited
Parsel Exchange Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Cloud Computing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cag Taxfin IT Solutions Private Limited | ₹1,666 (FY 2024) | •••• | •••• | 367.0% | •••• | Delhi, India |
| 21St Century Cloud Computing Private Limited | ₹1,553 (FY 2023) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Classmethod India Private Limited | ₹1,440 (FY 2025) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Shoonyata Cloud Computing Private Limited | ₹1,230 (FY 2025) | •••• | •••• | -100.0% | •••• | Bangalore, Karnataka, India |
| Datanext Systems Private Limited | ₹822 (FY 2019) | •••• | •••• | -25.0% | •••• | Ananth Nagar, Karnataka, India |
| Parsel Exchange Private Limited this company | ₹698 (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Soorya Improvate Private Limited | ₹131 (FY 2024) | •••• | •••• | -100.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Kenoxis Technologies Private Limited | ₹3 (FY 2024) | •••• | •••• | -100.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Parsel Exchange by revenue in the Information Technology industry (Cloud Computing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Parsel Exchange Private Limited
Parsel Exchange Private Limited is audited by H. K. DESAI & CO. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H. K. DESAI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Parsel Exchange Private Limited
Parsel Exchange has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Vinod Chitalia Also directs: MSL Investment Consultants LLP, Supermak Packing LLP, Three-H Luxury Rentals LLP and 5 more | Director | 19 Apr 2018 | 8 Years 5 Months | Current |
| Pankaj Laxmichand Savla | Director | 19 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of Parsel Exchange Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Parsel Exchange Private Limited
Parsel Exchange Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Parsel Exchange Private Limited
Parsel Exchange Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.06 Cr; the latest was in January 2023.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Rights issue | ₹30 Lakh | Investors: Msl Investment Llp |
| Dec 2020 | Funding round | ₹3.5 Cr | Investors: Maitreya Capital and Business Services Private Limited , 3 individuals |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Msl Investment Llp Seller: Wealth 4 U Consultants Private Limited , 3 individuals |
| Sep 2013 | Funding round | ₹6.7 Lakh | Investors: Wealth 4 U Consultants Private Limited , 3 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Wealth 4 U Consultants Private Limited , an individual Seller: 2 individuals |
Full deal history
All 9 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Parsel Exchange Private Limited
Parsel Exchange operates two associated brands: PARSEL and Parsel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud platform managing inventory, warehouse, dispatch, and delivery for businesses. | parselexchange.com | |
| Cloud-based platform for SKU lifecycle management is offered. | parsel.co.in |
Employees and EPFO Compliance at Parsel Exchange Private Limited
Employment history and EPFO contributions of people linked to Parsel Exchange.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Parsel Exchange Private Limited
Parsel Exchange has one previous CIN (Corporate Identification Number): U80904MH2012PTC237106. The current CIN is U74110MH2012PTC237106, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2012PTC237106 | Current |
| U80904MH2012PTC237106 | Previous |
Recent Activity on Parsel Exchange Private Limited
Parsel Exchange Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Kruti Ranjit Shah ceased to be Director on 20 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Parsel Exchange Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Parsel Exchange Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Parsel Exchange Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Parsel Exchange Private Limited
Parsel Exchange has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK0215R1ZB | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Parsel Exchange Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Parsel Exchange Private Limited
Parsel Exchange is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 22 October 2012 (14+ years old) and is registered under CIN U74110MH2012PTC237106.
Parsel Exchange has 2 current directors:
- Viral Vinod Chitalia - Director
- Pankaj Laxmichand Savla - Director
The GSTIN of Parsel Exchange is 27AAFCK0215R1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parsel Exchange is U74110MH2012PTC237106. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parsel Exchange was incorporated on 22 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Parsel Exchange has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹4.06 Cr; the latest was in January 2023.
The peers of Parsel Exchange by revenue are Cag Taxfin IT Solutions Private Limited, 21St Century Cloud Computing Private Limited, Classmethod India Private Limited, Shoonyata Cloud Computing Private Limited, Datanext Systems Private Limited and 2 more, all in the Information Technology industry (Cloud Computing).
Kruti Ranjit Shah ceased to be Director on 20 Apr 2018. Milan Vinod Chitalia ceased to be Director on 20 Apr 2018. Poorvi Milan Chitalia ceased to be Director on 20 Apr 2018. Parsel Exchange has 5 board changes on record in total.
Parsel Exchange can be reached through the website parselexchange.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parsel Exchange is at D – Wing Chanakaya Chs Ltd Mahavir Nagar Link Road Kandivali West, Mumbai, Maharashtra, India – 400067.
Parsel Exchange has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.7 Lakh.