Qlar Technology India Private Limited

Manufactures lifting and handling equipment as part of a larger group.

2003 | Bangaluru, Karnataka (India) | Active
Last Updated: January 08, 2025

Qlar Technology India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 22 Year, 23 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 65.00 Cr
  • Satisfied Charges ₹ 33.00 Cr
  • Revenue Growth 56.69%
  • Profit Growth 986.67%
  • Ebitda 143.12%
  • Net Worth 68.86%
  • Total Assets 22.50%

About Qlar Technology India

Qlar Technology India Private Limited (QTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 2003 and has a history of 22 years. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Stock Redler India Private Limited. The Company is engaged in the Machinery And Equipment 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 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹65.00 Cr. The company has closed loans amounting to ₹33.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Guna Thantry, Rajesh Pathak, and Jorg Ulrich serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74210KA2003PTC031537

  • Company No.

    031537

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Qlar Technology India?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajesh Pathak Country flag representing In Managing Director09-Apr-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Guna Thantry Country flag representing In Whole-Time Director 12-Aug-2014Current
Jorg Ulrich Country flag representing De Director 08-Feb-2024Current

Financial Performance of Qlar Technology India.

Schenck Process Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.69% increase. The company also saw a substantial improvement in profitability, with a 986.67% increase in profit. The company's net worth Soared by an impressive increase of 68.86%.

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
56.69%
Revenue from Operations
56.85%
Total Assets
22.50%
Profit or Loss
986.67%
Net Worth
68.86%
EBITDA
143.12%

What is the Ownership and Shareholding Structure of Qlar Technology India?

In 2023, Qlar Technology India 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

₹650.00 M

Satisfied Charges

₹330.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.00 Cr
  • Others : 30.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jul 2016Others₹30.00 CrOpen
21 Aug 2008State Bank Of India₹35.00 CrOpen
26 Apr 2022The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrSatisfied
28 Sep 2012Icici Bank Limited₹10.00 CrSatisfied
31 Jan 2005State Bank Of India₹3.00 CrSatisfied

How Many Employees Work at Qlar Technology India?

Qlar Technology India has a workforce of 225 employees as of Nov 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 Qlar Technology India, 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 Qlar Technology India'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 Qlar Technology India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 350.00 M registered on 21 Aug 2008 with Charge ID 10121620 was modified on 11 Dec 2024.

    11 Dec 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Qlar Technology India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Jorg Ulrich was appointed as a Director was appointed as a Director on 08 Feb 2024 & has been associated with this company since 1 year 18 days .

    08 Feb 2024

  • Charges

    A charge registered on 26 Apr 2022 via Charge ID 100570717 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 01 Jan 2024.

    01 Jan 2024

  • Charges

    A charge with Others of Rs. 300.00 M registered on 28 Jul 2016 with Charge ID 100043556 was modified on 24 Nov 2022.

    24 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Qlar Technology India Private Limited was incorporated on 03 Feb 2003.

  • The authorized share capital of Qlar Technology India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 3 directors are associated with Qlar Technology India Private Limited.

    • Guna Kadiyali Thantry
    • Rajesh Pathak
    • Jorg Ulrich
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qlar Technology India Private Limited is No.3 (Old No.18 23) 3Rd Main Road Kiadb Peenya Industrial Area Village, Yeshwant Hpur Hobli India, Bangalore, Karnataka, 560058.

  • The corporate identification number (CIN) of Qlar Technology India Private Limited is U74210KA2003PTC031537 and the company number is 031537 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Qlar Technology India Private Limited is https://www.schenckprocess.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qlar Technology India Private Limited has risen by 56.69%.

  • As Per 2023 financial reports, 225 employees are currently employed by Qlar Technology India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qlar Technology India Private Limited has experienced an upsurge of 68.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qlar Technology India Private Limited amount to ₹ 65.00 Cr.

  • The most recent Balance Sheet for Qlar Technology India Private Limited was filed with the ROC on 31 Mar 2024.

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