Q2Q Solutions Profile
Key Indicators
- Authorised Capital ₹ 35.00 Cr
- Paid Up Capital ₹ 30.40 Cr
- Company Age 14 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.79 Cr
- Satisfied Charges ₹ 11.65 Cr
- Revenue Growth 326.48%
- Profit Growth 175.19%
- Ebitda 378.17%
- Net Worth 364.44%
- Total Assets 10.60%
About Q2Q Solutions
Q2q Solutions Private Limited (QSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 2010 and has a history of 14 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Transport And Logistics Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.00 Cr and a paid-up capital of Rs 30.40 Cr.
The company currently has active open charges totaling ₹56.79 Cr. The company has closed loans amounting to ₹11.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Subbiahnadar Chandresan, Amutha Chandresan, and Shuganya Chandresan serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29190TN2010PTC076753
- Company No.
076753
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Jul 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Transport and Logistics
Machinery and Equipment
Q2q Solutions Private Limited
Explore comprehensive data for Q2q Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Q2Q Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subbiahnadar Chandresan  | Managing Director | 28-Jul-2010 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shuganya Chandresan | Director | 14-Jun-2013 | Current |
| Amutha Chandresan | Director | 28-Jul-2010 | Current |
Financial Performance of Q2Q Solutions.
Q2Q Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 326.48% increase. The company also saw a substantial improvement in profitability, with a 175.19% increase in profit. The company's net worth Soared by an impressive increase of 364.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Q2Q Solutions?
In 2023, Q2Q Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
V.V Minerals Private LimitedSubbiahnadar Chandresan and Amutha Chandresan are mutual person
Opaque Mineral Resource Private LimitedSubbiahnadar Chandresan and Amutha Chandresan are mutual person
- V.V.Iron &Steel Company Private Limited
Subbiahnadar Chandresan and Amutha Chandresan are mutual person
Charges (Loans)
Open Charges
₹56.79 Cr
Satisfied Charges
₹11.65 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 36.19 Cr
- Canara Bank : 20.00 Cr
- Others : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jun 2024 | Others | ₹6.00 M | Open |
| 05 Mar 2024 | Axis Bank Limited | ₹34.68 Cr | Open |
| 28 Dec 2023 | Axis Bank Limited | ₹1.51 Cr | Open |
| 30 Jun 2023 | Canara Bank | ₹20.00 Cr | Open |
| 14 Dec 2020 | Others | ₹8.95 Cr | Satisfied |
How Many Employees Work at Q2Q Solutions?
Q2Q Solutions has a workforce of 80 employees as of Mar 30, 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 Q2Q 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 Q2Q 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 Q2Q Solutions
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100943510 was registered on 12 Jun 2024.
- Charges
A charge registered on 14 Dec 2020 via Charge ID 100414961 with Others was fully satisfied on 31 May 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 34.68 Cr with Charge ID 100874821 was registered on 05 Mar 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 1.51 Cr with Charge ID 100846267 was registered on 28 Dec 2023.
- Annual General Meeting
Q2Q Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Canara Bank amounted to Rs. 20.00 Cr with Charge ID 100753712 was registered on 30 Jun 2023.
Frequently asked questions
What is the Incorporation or founding date of Q2Q Solutions Private Limited?
Q2Q Solutions Private Limited was incorporated on 28 Jul 2010.
What is authorized share capital and paid-up capital of Q2Q Solutions Private Limited?
The authorized share capital of Q2Q Solutions Private Limited is ₹ 35.00 Cr and paid-up capital is ₹ 30.40 Cr.
Who are the current board members & directors of Q2Q Solutions Private Limited?
Currently 3 directors are associated with Q2Q Solutions Private Limited.
- Subbiahnadar Chandresan
- Amutha Chandresan
- Shuganya Rami Chandresan
What is the registered address of Q2Q Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Q2Q Solutions Private Limited is No: 2 Harrington Road Krm Center Fifth Floor, Chetpet India, Chennai, Tamil Nadu, 600031.
What is the corporate identification number (CIN) and company number of Q2Q Solutions Private Limited?
The corporate identification number (CIN) of Q2Q Solutions Private Limited is U29190TN2010PTC076753 and the company number is 076753 as per Ministry of Corporate Affairs (MCA).
What is the official website of Q2Q Solutions Private Limited?
The Official website of Q2Q Solutions Private Limited is https://www.q2qsolutions.com
What has been the recent revenue trend for Q2Q Solutions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Q2Q Solutions Private Limited has risen by 326.48%.
How many employees does Q2Q Solutions Private Limited currently have?
As Per 2023 financial reports, 80 employees are currently employed by Q2Q Solutions Private Limited.
What change has been observed in the net worth of Q2Q Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Q2Q Solutions Private Limited has experienced an upsurge of 364.44%.
What are the total open charges for Q2Q Solutions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Q2Q Solutions Private Limited amount to ₹ 56.79 Cr.
When was the last Balance Sheet of Q2Q Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Q2Q Solutions Private Limited was filed with the ROC on 31 Mar 2023.
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