Qvantel Software Solutions Limited

Develops software for terminal device manufacturers since 2007, headquartered in Hyderabad, India.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: October 23, 2024

Qvantel Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth -8.34%
  • Profit Growth -7.93%
  • Ebitda -34.59%
  • Net Worth 11.35%
  • Total Assets 10.21%

About Qvantel Software Solutions

Qvantel Software Solutions Limited (QSSL) is a leading Public Limited Foreign Company Incorporated In India incorporated in India on 01 February 2007 and has a history of 17 years and 11 months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company has closed loans amounting to ₹5.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vemula Reddy, Nandikonda Reddy, Ravindar Bairneni, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2007FLC052568

  • Company No.

    052568

  • Company Classification

    Public Limited Foreign Company Incorporated In India

  • Incorporation Date

    01 Feb 2007

  • Date of AGM

    02 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

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

Board Members (5)

Name Designation Appointment Date Status
Vemula Reddy Country flag representing In Director 01-Feb-2007 Current
Nandikonda Reddy Country flag representing Fi Director 01-Feb-2007 Current
Ravindar Bairneni Country flag representing In Director 03-Jul-2017 Current
Mikko Amper Country flag representing Fi Director 06-Aug-2019 Current
Kaj Wikstrom Country flag representing Fi Director 06-Aug-2019 Current

Financial Performance of Qvantel Software Solutions.

Qvantel Software Solutions Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.34% decrease. The company also saw a slight decrease in profitability, with a 7.93% decrease in profit. The company's net worth Soared by an impressive increase of 11.35%.

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
-8.34%
Revenue from Operations
-13.16%
Total Assets
10.21%
Profit or Loss
-7.93%
Net Worth
11.35%
EBITDA
-34.59%

What is the Ownership and Shareholding Structure of Qvantel Software Solutions?

In 2023, Qvantel Software 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

₹0

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2011 Hdfc Bank Limited ₹5.00 M Satisfied

How Many Employees Work at Qvantel Software Solutions?

Qvantel Software Solutions has a workforce of 223 employees as of Aug 21, 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 Qvantel Software 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 Qvantel Software 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 Qvantel Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Qvantel Software Solutions Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.

    02 Aug 2024

  • Balance Sheet

    Qvantel Software Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Mikko Olavi Amper was appointed as a Director was appointed as a Director on 06 Aug 2019 & has been associated with this company since 5 years 5 months .

    06 Aug 2019

  • Director Appointment

    Kaj Mikael Wikstrom was appointed as a Director was appointed as a Director on 06 Aug 2019 & has been associated with this company since 5 years 5 months .

    06 Aug 2019

  • Charges

    A charge registered on 14 Dec 2011 via Charge ID 10326056 with Hdfc Bank Limited was fully satisfied on 17 Aug 2017.

    17 Aug 2017

  • Director Appointment

    Ravindar Rao Bairneni was appointed as a Director was appointed as a Director on 03 Jul 2017 & has been associated with this company since 7 years 6 months .

    03 Jul 2017

Frequently asked questions

  • Qvantel Software Solutions Limited was incorporated on 01 Feb 2007.

  • The authorized share capital of Qvantel Software Solutions Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 5 directors are associated with Qvantel Software Solutions Limited.

    • Vemula Jagan Mohan Reddy
    • Nandikonda Mahender Reddy
    • Ravindar Rao Bairneni
    • Mikko Olavi Amper
    • Kaj Mikael Wikstrom
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qvantel Software Solutions Limited is 2Nd Floor Survey No. 83/1 My Home Twitza Diamond Hills Lumbini Avenue, Hitech City India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Qvantel Software Solutions Limited is U72200TG2007FLC052568 and the company number is 052568 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Qvantel Software Solutions Limited is https://www.qvantel.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qvantel Software Solutions Limited has fallen by -8.34%.

  • As Per 2023 financial reports, 223 employees are currently employed by Qvantel Software Solutions Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qvantel Software Solutions Limited has experienced an upsurge of 11.35%.

  • The most recent Balance Sheet for Qvantel Software Solutions Limited was filed with the ROC on 31 Mar 2024.

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