Qift Solutech Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 24-10-2024
- Paid Up Capital ₹ 1.09 M
as on 24-10-2024
- Company Age 6 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 186.07%
(FY 2023)
- Profit -214.67%
(FY 2023)
- Ebitda -214.32%
(FY 2023)
- Net Worth -361.70%
(FY 2023)
- Total Assets 9.26%
(FY 2023)
About Qift Solutech
The Company is engaged in the Internet 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 1.50 M and a paid-up capital of Rs 1.09 M, as per Ministry of Corporate Affairs (MCA) records.
Krishna Bandaru, Suryanarayanan Selvam, and Sarangarajan Vijayaraghavan serve as directors at the Company.
- CIN/LLPIN
U72900KA2018PTC112875
- Company No.
112875
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 May 2018
- Date of AGM
31 Oct 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Qift Solutech?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Krishna Bandaru  | Director | 23-Aug-2024 | Current |
| Suryanarayanan Selvam | Nominee Director | 10-Nov-2022 | Current |
| Sarangarajan Vijayaraghavan | Nominee Director | 10-Nov-2022 | Current |
Financial Performance and Corporate Structure Insights of Qift Solutech.
Qift Solutech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 186.07% increase. The company also saw a substantial fall in profitability, with a 214.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 361.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Qift Solutech?
In 2023, Qift Solutech had a promoter holding of 85.87% and a public holding of 14.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Epowerx Learning Technologies Private LimitedActive 6 years 8 monthsKrishna Bandaru, Suryanarayanan Selvam and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Qift Solutech?
Unlock and access historical data on people associated with Qift Solutech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Qift Solutech, 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 Qift Solutech'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.
