Qpave Solutions Private Limited

Provides hot mix asphalt for paving roads, serving contractors on national highways and in metros.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated:

Qpave Solutions Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.44 Cr
  • Revenue Growth 86.46%
  • Profit Growth 254.48%
  • Ebitda 324.31%
  • Net Worth 45.74%
  • Total Assets 14.80%

About Qpave Solutions

Qpave Solutions Private Limited (QSPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2016 (Eight years and nine months 7 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Infrastructure And Utilities 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 2.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.44 Cr.

Srinivasa Rao and Kiran Yelamanchili serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    qpave.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2016PTC093693

  • Company No.

    093693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Qpave Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Srinivasa Rao Country flag representing In Director 05-Jun-2017Current
Kiran Yelamanchili Country flag representing In Director 27-May-2016Current

Financial Performance of Qpave Solutions.

Qpave Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.46% increase. The company also saw a substantial improvement in profitability, with a 254.48% increase in profit. The company's net worth Soared by an impressive increase of 45.74%.

Qpave Solutions revenue growth over time
Qpave Solutions 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
86.46%
Revenue from Operations
84.94%
Total Assets
14.80%
Profit or Loss
254.48%
Net Worth
45.74%
EBITDA
324.31%

What is the Ownership and Shareholding Structure of Qpave Solutions?

In 2023, Qpave 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.43 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.18 Cr
  • Others : 0.26 Cr

Latest Charge Details

DateLenderAmountStatus
11 May 2023Others₹2.63 MOpen
21 Feb 2023Axis Bank Limited₹2.18 CrOpen

How Many Employees Work at Qpave Solutions?

Qpave Solutions has a workforce of 25 employees as of Apr 05, 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.

Employee growth trends for Qpave Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qpave 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 Qpave Solutions'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 Qpave Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 2.63 M with Charge ID 100723950 was registered on 11 May 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 21.80 M with Charge ID 100707006 was registered on 21 Feb 2023.

  • Director Appointment

    Srinivasa Vellanki Rao was appointed as a Director was appointed as a Director on 05 Jun 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Kiran Kumar Yelamanchili was appointed as a Director was appointed as a Director on 27 May 2016 & has been associated with this company since 8 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Qpave Solutions Private Limited?

    Qpave Solutions Private Limited was incorporated on 27 May 2016.

  • What is authorized share capital and paid-up capital of Qpave Solutions Private Limited?

    The authorized share capital of Qpave Solutions Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Qpave Solutions Private Limited?

    Currently 2 directors are associated with Qpave Solutions Private Limited.

    • Srinivasa Vellanki Rao
    • Kiran Kumar Yelamanchili

  • What is the registered address of Qpave Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Qpave Solutions Private Limited is No.7/1 Ganakallu Village Kengeri Hobli, India, Bangalore, Karnataka, 560060.

  • What is the corporate identification number (CIN) and company number of Qpave Solutions Private Limited?

    The corporate identification number (CIN) of Qpave Solutions Private Limited is U74999KA2016PTC093693 and the company number is 093693 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Qpave Solutions Private Limited?

    The Official website of Qpave Solutions Private Limited is https://www.qpave.com

  • What has been the recent revenue trend for Qpave Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Qpave Solutions Private Limited has risen by 86.46%.

  • How many employees does Qpave Solutions Private Limited currently have?

    As Per 2023 financial reports, 25 employees are currently employed by Qpave Solutions Private Limited.

  • What change has been observed in the net worth of Qpave Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Qpave Solutions Private Limited has experienced an upsurge of 45.74%.

  • What are the total open charges for Qpave Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Qpave Solutions Private Limited amount to ₹ 2.44 Cr.

  • When was the last Balance Sheet of Qpave Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Qpave Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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