Qcrete Readymix (India) Private Limited

Produces and sells various types of concrete and cement products.

2016 | Mangalore, Karnataka (India) | Active
Last Updated: July 08, 2024

Qcrete Readymix (India) Profile

Key Indicators

  • Authorised Capital ₹ 9.50 Cr
  • Paid Up Capital ₹ 9.37 Cr
  • Company Age 8 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.38 Cr
  • Satisfied Charges ₹ 10.10 Cr
  • Revenue Growth -12.92%
  • Profit Growth -15.37%
  • Ebitda 23.34%
  • Net Worth 122.70%
  • Total Assets 14.19%

About Qcrete Readymix (India)

Qcrete Readymix (India) Private Limited (QRIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 November 2016 (Eight years and three months 11 days old ). Its registered office is in Mangalore, Karnataka, India.

The Company is engaged in the Manufacturing 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 9.50 Cr and a paid-up capital of Rs 9.37 Cr.

The company currently has active open charges totaling ₹40.38 Cr. The company has closed loans amounting to ₹10.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bijo Mathew, Rajeevan Muthu, Shelly Fernandez, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    qcreteindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45309KA2016PTC097739

  • Company No.

    097739

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

Who are the key members and board of directors at Qcrete Readymix (India)?

Board Members (7)

NameDesignationAppointment DateStatus
Bijo Mathew Country flag representing In Director 10-May-2018Current
Rajeevan Muthu Country flag representing In Director 07-Dec-2017Current
Shelly Fernandez Country flag representing In Director 11-Nov-2016Current
Ajith Kumar Country flag representing In Director 11-Nov-2016Current
Ramkumar Bekal Country flag representing In Director 11-Nov-2016Current
Sandeep Konchady Country flag representing In Director 11-Nov-2016Current

Financial Performance of Qcrete Readymix (India).

Qcrete Readymix (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.92% decrease. The company also saw a substantial fall in profitability, with a 15.37% decrease in profit. The company's net worth Soared by an impressive increase of 122.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-12.92%
Revenue from Operations
-13.89%
Total Assets
14.19%
Profit or Loss
-15.37%
Net Worth
122.70%
EBITDA
23.34%

What is the Ownership and Shareholding Structure of Qcrete Readymix (India)?

In 2023, Qcrete Readymix (India) had a promoter holding of 45.25% and a public holding of 54.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.38 Cr

Satisfied Charges

₹10.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.61 Cr
  • Hdfc Bank Limited : 7.77 Cr

Latest Charge Details

DateLenderAmountStatus
10 Oct 2023Hdfc Bank Limited₹1.27 CrOpen
10 Oct 2023Hdfc Bank Limited₹4.38 CrOpen
30 Sep 2023Hdfc Bank Limited₹2.13 CrOpen
28 Oct 2022Others₹12.35 CrOpen
30 Dec 2021Others₹16.12 CrOpen

How Many Employees Work at Qcrete Readymix (India)?

Qcrete Readymix (India) has a workforce of 67 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qcrete Readymix (India), 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 Qcrete Readymix (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Qcrete Readymix (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.27 Cr with Charge ID 100808478 was registered on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 4.38 Cr with Charge ID 100810161 was registered on 10 Oct 2023.

    10 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.13 Cr with Charge ID 100808264 was registered on 30 Sep 2023.

    30 Sep 2023

  • Annual General Meeting

    Qcrete Readymix (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Qcrete Readymix (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 12.35 Cr with Charge ID 100630314 was registered on 28 Oct 2022.

    28 Oct 2022

Frequently asked questions

  • Qcrete Readymix (India) Private Limited was incorporated on 11 Nov 2016.

  • The authorized share capital of Qcrete Readymix (India) Private Limited is ₹ 9.50 Cr and paid-up capital is ₹ 9.37 Cr.

  • Currently 7 directors are associated with Qcrete Readymix (India) Private Limited.

    • Bijo Mathew
    • Rajeevan Muthu
    • Shelly Stephen Fernandez
    • Ajith Kumar
    • Ramkumar Bekal
    • Sandeep Konchady
    • Kowshika Ram Venkat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qcrete Readymix (India) Private Limited is Flat No. 002 'Sapphire Apartment' Bejai Church Road Bejai, Mangalore, Karnataka, India, 575004.

  • The corporate identification number (CIN) of Qcrete Readymix (India) Private Limited is U45309KA2016PTC097739 and the company number is 097739 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Qcrete Readymix (India) Private Limited is https://www.qcreteindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qcrete Readymix (India) Private Limited has fallen by -12.92%.

  • As Per 2023 financial reports, 67 employees are currently employed by Qcrete Readymix (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qcrete Readymix (India) Private Limited has experienced an upsurge of 122.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qcrete Readymix (India) Private Limited amount to ₹ 40.38 Cr.

  • The most recent Balance Sheet for Qcrete Readymix (India) Private Limited was filed with the ROC on 31 Mar 2023.