Quasset Developers Private Limited

Provides construction services and acquires real estate properties for development and sale.

2002 | Khorda, Odisha (India) | Active
Last Updated: January 10, 2025

Quasset Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 23 Year, 19 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.53 Cr
  • Revenue Growth %
  • Profit Growth 28.47%
  • Ebitda 28.47%
  • Net Worth -738.86%
  • Total Assets -25.56%

About Quasset Developers

Quasset Developers Private Limited (QDPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 February 2002 and has a history of 23 years. Its registered office is in Khorda, Odisha, 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹35.53 Cr.

Nadira Fatima and Mahammed Kutabuddin serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101OR2002PTC006705

  • Company No.

    006705

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Feb 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Quasset Developers?

Board Members (2)

NameDesignationAppointment DateStatus
Nadira Fatima Country flag representing In Director 04-Feb-2002Current
Mahammed Kutabuddin Country flag representing In Director 01-Dec-2017Current

Financial Performance of Quasset Developers.

Quasset Developers Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 28.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 738.86%.

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
Revenue from Operations
Total Assets
-25.56%
Profit or Loss
28.47%
Net Worth
-738.86%
EBITDA
28.47%

What is the Ownership and Shareholding Structure of Quasset Developers?

In 2021, Quasset Developers 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

₹355.30 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 35.53 Cr

Latest Charge Details

DateLenderAmountStatus
12 Nov 2021Bank Of India₹5.80 MOpen
04 Aug 2015Bank Of India₹2.50 CrOpen
27 Sep 2012Bank Of India₹15.70 CrOpen
16 Aug 2007Bank Of India₹16.75 CrOpen

How Many Employees Work at Quasset Developers?

Unlock and access historical data on people associated with Quasset Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Quasset Developers, 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 Quasset Developers'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 Quasset Developers

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Quasset Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 5.80 M with Charge ID 100519142 was registered on 12 Nov 2021.

    12 Nov 2021

  • Director Appointment

    Mahammed Kutabuddin was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 7 years 2 months .

    01 Dec 2017

  • Charges

    A charge with Bank Of India amounted to Rs. 25.00 M with Charge ID 10586896 was registered on 04 Aug 2015.

    04 Aug 2015

  • Charges

    A charge with Bank Of India amounted to Rs. 157.00 M with Charge ID 10380887 was registered on 27 Sep 2012.

    27 Sep 2012

Frequently asked questions

  • Quasset Developers Private Limited was incorporated on 04 Feb 2002.

  • The authorized share capital of Quasset Developers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Quasset Developers Private Limited.

    • Nadira Rahmat Fatima
    • Mahammed Kutabuddin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Quasset Developers Private Limited is Plot No.32, Jail Road Jharapada India, Bhubaneswar, Orissa, 751006.

  • The corporate identification number (CIN) of Quasset Developers Private Limited is U70101OR2002PTC006705 and the company number is 006705 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Quasset Developers Private Limited has experienced an downturn of -738.86%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Quasset Developers Private Limited amount to ₹ 35.53 Cr.

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

People also Viewed

Similar Companies Based on General Construction Services