- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0047564

About Param Digital Solutions Private Limited
Data last updated:
Param Digital Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 25 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2015PTC262252. Its GSTIN is 27AAICP0174D1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sakshi Samir Parab and Jyotii Mahadev Babar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.14 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹22.5 Lakh (net margin 10.5%) and EBITDA of ₹31.14 Lakh (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
Param Digital Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0047564). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clipbyte.com.
Company details
Recognitions & Rankings of Param Digital Solutions
Contact details
Param Digital Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is clipbyte.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressZ – 203 Shivam Building A Wing, Satyam Shopping Centre M. G. Road Ghatkopar East, Mumbai, Maharashtra, India – 400077
- IndustryInternet, Online Service Marketplaces
To see the full contact details of Param Digital Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Param Digital Solutions is professional, scientific and technical. In detail, this covers advertising and market research.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of Param Digital Solutions Private Limited, buy the company report.
Financials of Param Digital Solutions Private Limited
FY 2023 filings availableParam Digital Solutions Private Limited reported revenue of ₹2.14 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 16% growth in the latest year. 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹31.14 Lakh | ||||
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| Net Profit (PAT) | ₹22.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 10.5% | ||||
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To see the full financial statements and ratios of Param Digital Solutions Private Limited, buy the company report.
Board of directors of Param Digital Solutions Private Limited
Param Digital Solutions has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sakshi Samir Parab Also directs: Bramha Kanchani Food Supplements LLP | Director | 03 Nov 2016 | 9 Years 11 Months | Current |
| Jyotii Mahadev Babar | Director | 20 May 2023 | 3 Years 5 Months | Current |
Auditor
Param Digital Solutions Private Limited is audited by G R JAIN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G R JAIN & ASSOCIATES | FY 2018 | 140388W |
Shareholding
The shareholding of Param Digital Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Param Digital Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2017 | 100182739 | Idbi Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Param Digital Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Param Digital Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Param Digital Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Param Digital Solutions Private Limited has a workforce of 25 employees on its EPFO records as of Apr 11, 2024, across 1 active EPFO establishment.
GST
Param Digital Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP0174D1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Param Digital Solutions Private Limited, buy the company report.
Recent activity
Param Digital Solutions Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Jyotii Mahadev Babar was appointed as Director on 20 May 2023.
2 earlier events are in the company report.
Frequently asked questions
Param Digital Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 25 February 2015 (11+ years old) and is registered under CIN U72900MH2015PTC262252.
Param Digital Solutions has 2 current directors:
- Sakshi Samir Parab - Director
- Jyotii Mahadev Babar - Director
The latest financial statements of Param Digital Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Param Digital Solutions is 27AAICP0174D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Param Digital Solutions is U72900MH2015PTC262252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Param Digital Solutions was incorporated on 25 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Jyotii Mahadev Babar was appointed as Director on 20 May 2023. Anant Padmanabhan ceased to be Director on 01 Mar 2020. Ravindra Bandu Katke ceased to be Director on 06 Aug 2018. Param Digital Solutions has 9 board changes on record in total.
Yes, Param Digital Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0047564).
Param Digital Solutions can be reached through the website clipbyte.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Param Digital Solutions is at Z – 203 Shivam Building A Wing, Satyam Shopping Centre M. G. Road Ghatkopar East, Mumbai, Maharashtra, India – 400077.