About Parallel Digital Private Limited
Data last updated: 22 December 2025
Parallel Digital Private Limited is a private limited company based in Satna, Madhya Pradesh, India, recognised as a startup by DPIIT. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 26 November 2013, the company has been in operation for over 13 years.
Registered with ROC Gwalior under CIN U72300MP2013PTC031837.
Capital: an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neha Chaitanya and Robin Dhanwani.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 101 – 102 Sriram Apartment Shakti Vihar Colony, Satna, Madhya Pradesh, India – 485001.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.45 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 33 employees as per the latest available data.
The company is associated with 1 brand - Parallel. As per MCA filings, the company has open charges of ₹38 Lakh and satisfied charges of ₹23.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parallelhq.com.
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Registered Address101 – 102 Sriram Apartment Shakti Vihar Colony, Satna, Madhya Pradesh, India – 485001
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IndustryInformation Technology, Application Development & Software Solutions
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Parallel Digital Private Limited
Parallel Digital Private Limited operates one associated brand: Parallel. These brands represent Parallel Digital Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Parallel is engaged in AI-native product design and user experience solutions. | parallelhq.com |
Competitors & Alternatives of Parallel Digital Private Limited
Brands and companies operating in the same space as Parallel Digital Private Limited include Xponential Fitness, Carnival Corporation, Forum Brands and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Xponential Fitness
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Branding services are provided to clients by Xponential Fitness. | Irvine, United States, United States | 1999 |
Carnival Corporation
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Provider of brand design services | Miami, United States, United States | 1972 |
Forum Brands
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Platform offering brand management solutions | Palo Alto, United States, United States | 2020 |
Goodpatch
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UI design company and development based in Tokyo and Berlin | Shibuya, Japan, Japan | 2011 |
USIO
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UI/UX development services for enterprises are provided alongside app support. | London, United Kingdom, United Kingdom | 1998 |
Wasserman
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Digital marketing, branding, and SMM services are offered. | Los Angeles, United States, United States | 2002 |
Pico Group
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Marketing and branding services are provided internationally by Pico Group. | Hong Kong, China, China | 1969 |
Tegna
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Digital media broadcasting and TV services are operated by Tegna. | Mclean, United States, United States | 1926 |
WHP Global
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Branding services are provided globally by WHP Global. | New York, United States, United States | 2019 |
Business Activity of Parallel Digital Private Limited
Parallel Digital Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Parallel Digital Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Parallel Digital Private Limited
Parallel Digital Private Limited is audited by AMIT DUBEY & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMIT DUBEY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Parallel Digital Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Parallel Digital Private Limited
Parallel Digital Private Limited is currently managed by 2 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Neha Chaitanya
Also directs:
Parallel Innovation Labs Llp
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Director | 08 Dec 2023 | 2 Years 7 Months | Current |
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Robin Dhanwani
Also directs:
Parallel Innovation Labs Llp
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Director | 26 Nov 2013 | 12 Years 7 Months | Current |
Financials of Parallel Digital Private Limited FY 2024 filings available
Parallel Digital Private Limited reported revenue of ₹10.45 Cr (up 3.00% YoY) for FY 2024.
Ten-year financial statements for Parallel Digital Private Limited
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Ownership and Shareholding of Parallel Digital Private Limited
Shareholding and ownership data for Parallel Digital Private Limited
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Charges & Borrowings of Parallel Digital Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2024 | Others | ₹38 Lakh | Open |
| 14 Sep 2020 | Axis Bank Limited | ₹23.75 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Parallel Digital Private Limited
Parallel Digital Private Limited has a workforce of 33 employees as of Apr 06, 2024.
Employee and EPFO history for Parallel Digital Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Parallel Digital Private Limited
GST registrations and filing compliance for Parallel Digital Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Parallel Digital Private Limited
Credit ratings, litigation, and regulatory alerts for Parallel Digital Private Limited
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- Rating history
- Court and tribunal cases
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MSME Payment Delays by Parallel Digital Private Limited
MSME payment history for Parallel Digital Private Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Parallel Digital Private Limited
Corporate group structure for Parallel Digital Private Limited
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MCA Filings & Documents of Parallel Digital Private Limited
MCA filings and documents for Parallel Digital Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Parallel Digital Private Limited
Frequently Asked Questions about Parallel Digital Private Limited
Parallel Digital Private Limited is an active private limited company in the information technology sector based in Satna, Madhya Pradesh, India. It was incorporated on 26 November 2013 (13+ years old) and is registered under CIN U72300MP2013PTC031837. The company has 33 employees.
Parallel Digital Private Limited reported revenue of ₹10.45 Cr for FY 2024 (up 3.00% YoY).
The current directors of Parallel Digital Private Limited are:
- Neha Chaitanya - Director
- Robin Dhanwani - Director
The primary industry of Parallel Digital Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Yes, Parallel Digital Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Parallel Digital Private Limited can be reached at the registered office: 101 – 102 Sriram Apartment Shakti Vihar Colony, Satna, Madhya Pradesh, India – 485001, or through the website parallelhq.com.