Qikwork Services Private Limited

Offers workforce management platform for factory jobs in India.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Qikwork Services Profile

Key Indicators

  • Authorised Capital ₹ 5.05 M
  • Paid Up Capital ₹ 2.42 M
  • Company Age 4 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.00 Cr
  • Satisfied Charges ₹ 4.99 Cr
  • Revenue Growth 152.47%
  • Profit Growth -132.10%
  • Ebitda -123.37%
  • Net Worth -220.83%
  • Total Assets -71.05%

About Qikwork Services

Qikwork Services Private Limited (QSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 October 2020 (Four years and three months 25 days old ). Its registered office is in Bangaluru, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 5.05 M and a paid-up capital of Rs 2.42 M.

The company currently has active open charges totaling ₹18.00 Cr. The company has closed loans amounting to ₹4.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chilukuri Nagagnanesh, Balaji Srinivasa, and Arpit Dave serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2020PTC139423

  • Company No.

    139423

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2020

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet

Who are the key members and board of directors at Qikwork Services?

Board Members (3)

NameDesignationAppointment DateStatus
Arpit Dave Country flag representing In Director 24-Oct-2020Current
Chilukuri Nagagnanesh Country flag representing In Director 07-Oct-2020Current
Balaji Srinivasa Country flag representing In Nominee Director 09-May-2023Current

Financial Performance of Qikwork Services.

Qikwork Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 152.47% increase. The company also saw a substantial fall in profitability, with a 132.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 220.83%.

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
152.47%
Revenue from Operations
188.47%
Total Assets
-71.05%
Profit or Loss
-132.10%
Net Worth
-220.83%
EBITDA
-123.37%

What is the Ownership and Shareholding Structure of Qikwork Services?

In 2023, Qikwork Services had a promoter holding of 99.85% and a public holding of 0.15%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹180.00 M

Satisfied Charges

₹49.90 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.00 Cr
  • Others : 6.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 2024Others₹3.00 CrOpen
04 Jul 2023Hdfc Bank Limited₹8.00 CrOpen
04 Jul 2023Hdfc Bank Limited₹4.00 CrOpen
27 Jun 2023Others₹3.00 CrOpen
22 Nov 2023Others₹4.99 CrSatisfied

How Many Employees Work at Qikwork Services?

Qikwork Services has a workforce of 596 employees as of Apr 04, 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 Qikwork Services, 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 Qikwork Services'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 Qikwork Services

Recent activity within the organization

  • Annual General Meeting

    Qikwork Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100968611 was registered on 31 May 2024.

    31 May 2024

  • Charges

    A charge registered on 22 Nov 2023 via Charge ID 100832069 with Others was fully satisfied on 17 Apr 2024.

    17 Apr 2024

  • Balance Sheet

    Qikwork Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 49.90 M with Charge ID 100832069 was registered on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 80.00 M with Charge ID 100767379 was registered on 04 Jul 2023.

    04 Jul 2023

Frequently asked questions

  • Qikwork Services Private Limited was incorporated on 07 Oct 2020.

  • The authorized share capital of Qikwork Services Private Limited is ₹ 5.05 M and paid-up capital is ₹ 2.42 M.

  • Currently 3 directors are associated with Qikwork Services Private Limited.

    • Chilukuri Nagagnanesh
    • Balaji Srinivasa
    • Arpit Dave
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qikwork Services Private Limited is Hustle Hub First Floor 1550A And 1550B Sector 1, India, Bangalore South, Karnataka, 560102.

  • The corporate identification number (CIN) of Qikwork Services Private Limited is U74999KA2020PTC139423 and the company number is 139423 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Qikwork Services Private Limited is https://www.smartstaff.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qikwork Services Private Limited has risen by 152.47%.

  • As Per 2023 financial reports, 596 employees are currently employed by Qikwork Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qikwork Services Private Limited has experienced an downturn of -220.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qikwork Services Private Limited amount to ₹ 18.00 Cr.

  • The most recent Balance Sheet for Qikwork Services Private Limited was filed with the ROC on 31 Mar 2024.

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