Quasar Innovations Profile
Key Indicators
- Authorised Capital ₹ 8.50 Cr
- Paid Up Capital ₹ 8.50 Cr
- Company Age 25 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 13.20 Cr
- Revenue Growth %
- Profit Growth 1.92%
- Ebitda
- Net Worth -0.13%
- Total Assets -1.64%
About Quasar Innovations
Quasar Innovations Private Limited (QIPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 August 1999 and has a history of 25 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 8.50 Cr and a paid-up capital of Rs 8.50 Cr.
The company has closed loans amounting to ₹13.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Alungoor Sharathchandra, Prabhu Challagali, and Kondapaturi Shivaram serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30009KA1999PTC025637
- Company No.
025637
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Aug 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Consumer Electronics & Durables
Quasar Innovations Private Limited
Explore comprehensive data for Quasar Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Quasar Innovations?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prabhu Challagali  | Director | 20-Sep-2018 | Current |
| Alungoor Sharathchandra | Director | 31-Jul-2009 | Current |
| Kondapaturi Shivaram | Additional Director | 22-Jul-2024 | Current |
Financial Performance of Quasar Innovations.
Quasar Innovations Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 1.92% increase in profit. The company's net worth dipped by a decrease of 0.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Quasar Innovations?
In 2020, Quasar Innovations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Alungoor Sharathchandra and Prabhu Challagali are mutual person
- Duo Hotels And Resorts Private Limited
Alungoor Sharathchandra and Prabhu Challagali are mutual person
- Duo Township Projects Private Limited
Alungoor Sharathchandra is a mutual person
- Turnkey Customr Homes Private Limited
Kondapaturi Shivaram is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹13.20 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 13.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2009 | State Bank Of India | ₹11.50 Cr | Satisfied |
| 08 Oct 2005 | State Bank Of India | ₹1.70 Cr | Satisfied |
How Many Employees Work at Quasar Innovations?
Quasar Innovations has a workforce of 0 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Quasar Innovations, 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 Quasar Innovations'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.
Latest Updates, News, and FAQs on Quasar Innovations
Recent activity within the organization
- Annual General Meeting
Quasar Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Kondapaturi Shivaram was appointed as a Additional Director was appointed as a Additional Director on 22 Jul 2024 & has been associated with this company since 7 months 21 days .
- Balance Sheet
Quasar Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Prabhu Kumar Challagali was appointed as a Director was appointed as a Director on 20 Sep 2018 & has been associated with this company since 6 years 5 months .
- Charges
A charge registered on 30 Jul 2009 via Charge ID 10171105 with State Bank Of India was fully satisfied on 05 Nov 2015.
- Charges
A charge registered on 08 Oct 2005 via Charge ID 80051589 with State Bank Of India was fully satisfied on 05 Nov 2015.
Frequently asked questions
What is the Incorporation or founding date of Quasar Innovations Private Limited?
Quasar Innovations Private Limited was incorporated on 25 Aug 1999.
What is authorized share capital and paid-up capital of Quasar Innovations Private Limited?
The authorized share capital of Quasar Innovations Private Limited is ₹ 8.50 Cr and paid-up capital is ₹ 8.50 Cr.
Who are the current board members & directors of Quasar Innovations Private Limited?
Currently 3 directors are associated with Quasar Innovations Private Limited.
- Alungoor Munivenkata Sharathchandra
- Prabhu Kumar Challagali
- Kondapaturi Shivaram
What is the registered address of Quasar Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Quasar Innovations Private Limited is No.2 And 2/1 3Rd Floor Amm Residency Dr. Marigowda Road, Wilson Garden India, Bangalore, Karnataka, 560027.
What is the corporate identification number (CIN) and company number of Quasar Innovations Private Limited?
The corporate identification number (CIN) of Quasar Innovations Private Limited is U30009KA1999PTC025637 and the company number is 025637 as per Ministry of Corporate Affairs (MCA).
What is the official website of Quasar Innovations Private Limited?
The Official website of Quasar Innovations Private Limited is https://www.quasarinnovations.com
What change has been observed in the net worth of Quasar Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Quasar Innovations Private Limited has experienced an downturn of -0.13%.
When was the last Balance Sheet of Quasar Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Quasar Innovations Private Limited was filed with the ROC on 31 Mar 2024.
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