Quality Needles Private Limited

Manufacturer of surgical suture needles, including specialty and eyed needles, with international exports.

1984 | Delhi (India) | Active
Last Updated: October 23, 2024

Quality Needles Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.21 M
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 2.59 Cr
  • Revenue Growth 35.40%
  • Profit Growth 47.06%
  • Ebitda 41.07%
  • Net Worth -8.79%
  • Total Assets -4.08%

About Quality Needles

Quality Needles Private Limited (QNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 March 1984 and has a history of 40 years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Healthcare 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 5.00 Cr and a paid-up capital of Rs 5.21 M.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹2.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudeep Dhariwal, Phani Gujjari, and Kankana Barua serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    qualityneedles.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1984PTC017706

  • Company No.

    017706

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Mar 1984

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Healthcare

Who are the key members and board of directors at Quality Needles?

Board Members (3)

NameDesignationAppointment DateStatus
Sudeep Dhariwal Country flag representing In Additional Director 10-Sep-2024Current
Phani Gujjari Country flag representing Us Director 30-May-2024Current
Kankana Barua Country flag representing In Director 08-Sep-2023Current

Financial Performance of Quality Needles.

Quality Needles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.4% increase. The company also saw a substantial improvement in profitability, with a 47.06% increase in profit. The company's net worth dipped by a decrease of 8.79%.

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
35.40%
Revenue from Operations
34.01%
Total Assets
-4.08%
Profit or Loss
47.06%
Net Worth
-8.79%
EBITDA
41.07%

What is the Ownership and Shareholding Structure of Quality Needles?

In 2023, Quality Needles 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

₹10.00 Cr

Satisfied Charges

₹2.59 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Mar 2020The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
21 Jun 2011Kotak Mahindra Prime Limited₹1.94 MSatisfied
27 Feb 2010Kotak Mahindra Prime Limited₹2.50 MSatisfied
21 Jul 1998Bank Of India₹7.00 MSatisfied
24 May 1998Bank Of India₹1.45 CrSatisfied

How Many Employees Work at Quality Needles?

Quality Needles has a workforce of 821 employees as of Apr 09, 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 Quality Needles, 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 Quality Needles'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 Quality Needles

Recent activity within the organization

  • Director Appointment

    Sudeep Dhariwal was appointed as a Additional Director was appointed as a Additional Director on 10 Sep 2024 & has been associated with this company since 5 months 13 days .

    10 Sep 2024

  • Annual General Meeting

    Quality Needles Private Limited last Annual general meeting of members was held on 26 Jun 2024 as per latest MCA records.

    26 Jun 2024

  • Director Appointment

    Phani Kumar Gujjari was appointed as a Director was appointed as a Director on 30 May 2024 & has been associated with this company since 8 months 24 days .

    30 May 2024

  • Balance Sheet

    Quality Needles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Kankana Barua was appointed as a Director was appointed as a Director on 08 Sep 2023 & has been associated with this company since 1 year 5 months .

    08 Sep 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Cr with Charge ID 100340697 was registered on 14 Mar 2020.

    14 Mar 2020

Frequently asked questions

  • Quality Needles Private Limited was incorporated on 15 Mar 1984.

  • The authorized share capital of Quality Needles Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.21 M.

  • Currently 3 directors are associated with Quality Needles Private Limited.

    • Sudeep Dhariwal
    • Phani Kumar Gujjari
    • Kankana Barua
  • As per Ministry of Corporate Affairs (Mca), the registered address of Quality Needles Private Limited is Ff-42 Omaxe Square, Commercial Center Jasola India, New Delhi, 110025.

  • The corporate identification number (CIN) of Quality Needles Private Limited is U74899DL1984PTC017706 and the company number is 017706 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Quality Needles Private Limited is https://www.qualityneedles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Quality Needles Private Limited has risen by 35.40%.

  • As Per 2023 financial reports, 821 employees are currently employed by Quality Needles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Quality Needles Private Limited has experienced an downturn of -8.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Quality Needles Private Limited amount to ₹ 10.00 Cr.

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

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