Qrex Flex Private Limited

Manufacturer of PVC flex banners for outdoor advertising media since 2011, based in Gujarat.

2011 | Surat, Gujarat (India) | Active
Last Updated:

Qrex Flex Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 2.35 Cr
  • Company Age 13 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 139.18 Cr
  • Satisfied Charges ₹ 61.62 Cr
  • Revenue Growth 6.91%
  • Profit Growth 45.03%
  • Ebitda -2.47%
  • Net Worth 10.57%
  • Total Assets -15.51%

About Qrex Flex

Qrex Flex Private Limited (QFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 July 2011 and has a history of 13 years and seven months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Q-Rex Flex Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.50 Cr and a paid-up capital of Rs 2.35 Cr.

The company currently has active open charges totaling ₹139.18 Cr. The company has closed loans amounting to ₹61.62 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Gadara, Chandubhai Gadara, and Dryogesh Vilpara serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25200GJ2011PTC066375

  • Company No.

    066375

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Qrex Flex Private Limited offer?

Qrex Flex Private Limited offers a wide range of products and services, including Banner, Flex Banner, Flex Board, Frontlit Flex Banner, Tarpaulins, Waterproof Tarpaulins.

Company report

Qrex Flex Private Limited

Explore comprehensive data for Qrex Flex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Qrex Flex?

Board Members (3)

NameDesignationAppointment DateStatus
Mahendra Gadara Country flag representing In Director 16-Jul-2011Current
Chandubhai Gadara Country flag representing In Director 16-Jul-2011Current
Dryogesh Vilpara Country flag representing In Director 01-Dec-2011Current

Financial Performance of Qrex Flex.

Qrex Flex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.91% increase. The company also saw a substantial improvement in profitability, with a 45.03% increase in profit. The company's net worth Soared by an impressive increase of 10.57%.

Qrex Flex revenue growth over time
Qrex Flex 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
6.91%
Revenue from Operations
6.91%
Total Assets
-15.51%
Profit or Loss
45.03%
Net Worth
10.57%
EBITDA
-2.47%

What is the Ownership and Shareholding Structure of Qrex Flex?

In 2023, Qrex Flex had a promoter holding of 75.48% and a public holding of 24.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹139.18 Cr

Satisfied Charges

₹61.62 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 73.70 Cr
  • Others : 60.70 Cr
  • Sidbi : 4.78 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2023Sidbi₹4.78 CrOpen
01 Apr 2021Hdfc Bank Limited₹24.35 CrOpen
22 Apr 2019Hdfc Bank Limited₹49.35 CrOpen
30 Jul 2013Others₹36.70 CrOpen
04 Jul 2013Others₹24.00 CrOpen

How Many Employees Work at Qrex Flex?

Qrex Flex has a workforce of 41 employees as of Apr 03, 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 Qrex Flex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qrex Flex, 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 Qrex Flex'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 Qrex Flex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Qrex Flex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others of Rs. 24.00 Cr registered on 04 Jul 2013 with Charge ID 10439255 was modified on 19 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.35 Cr registered on 01 Apr 2021 with Charge ID 100448942 was modified on 19 Jul 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 49.35 Cr registered on 22 Apr 2019 with Charge ID 100261205 was modified on 03 Jul 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 4.78 Cr with Charge ID 100740644 was registered on 30 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Qrex Flex Private Limited?

    Qrex Flex Private Limited was incorporated on 16 Jul 2011.

  • What is authorized share capital and paid-up capital of Qrex Flex Private Limited?

    The authorized share capital of Qrex Flex Private Limited is ₹ 5.50 Cr and paid-up capital is ₹ 2.35 Cr.

  • Who are the current board members & directors of Qrex Flex Private Limited?

    Currently 3 directors are associated with Qrex Flex Private Limited.

    • Mahendra Babubhai Gadara
    • Chandubhai Jivrajbhai Gadara
    • Dryogesh Gordhanbhai Vilpara

  • What is the registered address of Qrex Flex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Qrex Flex Private Limited is Block No. 464-465 N.H. 8 At : Pipodara Tal Mangrol, India, Surat, Gujarat, 394110.

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

    The corporate identification number (CIN) of Qrex Flex Private Limited is U25200GJ2011PTC066375 and the company number is 066375 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Qrex Flex Private Limited?

    The Official website of Qrex Flex Private Limited is https://www.qrexflex.com

  • What has been the recent revenue trend for Qrex Flex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Qrex Flex Private Limited has risen by 6.91%.

  • How many employees does Qrex Flex Private Limited currently have?

    As Per 2023 financial reports, 41 employees are currently employed by Qrex Flex Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Qrex Flex Private Limited has experienced an upsurge of 10.57%.

  • What are the total open charges for Qrex Flex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Qrex Flex Private Limited amount to ₹ 139.18 Cr.

  • When was the last Balance Sheet of Qrex Flex Private Limited filed with the ROC?

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

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