About Qax Tech Private Limited
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Qax Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 20 January 2022.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2022PTC038013.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramkumar Sankarapandiyan and Abthul Razacak Fahad Nasar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.05 Lakh, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Lakh (net margin 8.2%) and EBITDA of ₹4.47 Lakh (EBITDA margin 27.8%).
For more details, the company can be reached via its website queepay.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNew No.31 Old No.14, Sait Colony First Street, Chennai, Tamil Nadu, India – 600008
- IndustryInformation Technology, Other Computer Related Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Qax Tech Private Limited
The main business activity of Qax Tech is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Qax Tech Private Limited FY 2024 filings available
Qax Tech Private Limited reported revenue of ₹16.05 Lakh (up 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Qax Tech Private Limited
Revenue rose 13% in the latest year. EBITDA rose 64% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Qax Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹4.47 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.32 Lakh | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Qax Tech Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 27.8% | •••• | •••• |
| Net Profit Margin | 8.2% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Qax Tech are in the company report.
Financial statements from FY 2022
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Qax Tech Private Limited
Qax Tech Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ojasam Consulting & Services Private Limited | ₹16.06 Lakh (FY 2024) | •••• | •••• | -67.0% | •••• | Pune, Maharashtra, India |
| G & G Biz Alliance Private Limited | ₹16.06 Lakh (FY 2019) | •••• | •••• | 4.0% | •••• | Panchkula, Haryana, India |
| Galaxy Certification Services Private Limited | ₹16.06 Lakh (FY 2025) | •••• | •••• | 3914.0% | •••• | Bangalore, Karnataka, India |
| Nextstarts Utilities Private Limited | ₹16.05 Lakh (FY 2020) | •••• | •••• | -19.0% | •••• | Bhubaneswar, Odisha, India |
| TCB Management Training Private Limited | ₹16.05 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Belgharia, West Bengal, India |
| Qax Tech Private Limited this company | ₹16.05 Lakh (FY 2024) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Sarvshixiit Private Limited | ₹16.05 Lakh (FY 2025) | •••• | •••• | 673.0% | •••• | Kalyanpur, Uttar Pradesh, India |
| Shree Sadhya Systech Private Limited | ₹16.05 Lakh (FY 2019) | •••• | •••• | 11.0% | •••• | Raipur, Chhattisgarh, India |
| Zedroit Global Solutions Private Limited | ₹16.04 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Trambakam International Private Limited | ₹16.04 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Vadodara, Gujarat, India |
| Admirable Designs Private Limited | ₹16.04 Lakh (FY 2019) | •••• | •••• | 3092.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Qax Tech by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Qax Tech Private Limited
Qax Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramkumar Sankarapandiyan Also directs: Qaxplus Pharma Private Limited, Qpay Financial Services Limited, Queue Group Private Limited and 2 more | Director | 20 Jan 2022 | 4 Years 8 Months | Current |
| Abthul Razacak Fahad Nasar Also directs: Nippy Payment Gateway Private Limited | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
Charges & Borrowings of Qax Tech Private Limited
Qax Tech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qax Tech Private Limited
Employment history and EPFO contributions of people linked to Qax Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Qax Tech Private Limited
Qax Tech Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Abthul Razacak Fahad Nasar was appointed as Director on 10 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Qax Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Qax Tech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Qax Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Qax Tech Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Qax Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Qax Tech Private Limited
Qax Tech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 20 January 2022 (4+ years old) and is registered under CIN U72900TZ2022PTC038013.
Qax Tech reported revenue of ₹16.05 Lakh for FY 2024 (up 13% YoY).
Qax Tech has 2 current directors:
- Ramkumar Sankarapandiyan - Director
- Abthul Razacak Fahad Nasar - Director
Qax Tech reported a net profit of ₹1.32 Lakh (net margin 8.2%) and EBITDA of ₹4.47 Lakh (EBITDA margin 27.8%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Qax Tech is U72900TZ2022PTC038013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qax Tech was incorporated on 20 January 2022, making it 4+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Qax Tech by revenue are Ojasam Consulting & Services Private Limited, G & G Biz Alliance Private Limited, Galaxy Certification Services Private Limited, Nextstarts Utilities Private Limited, TCB Management Training Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Abthul Razacak Fahad Nasar was appointed as Director on 10 Dec 2024. Kajendran Ramesh ceased to be Director on 10 Dec 2024. Rajasekaran ceased to be Director on 30 Mar 2023. Qax Tech has 5 board changes on record in total.
Yes, Qax Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Qax Tech can be reached through the website queepay.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Qax Tech is at New No.31 Old No.14, Sait Colony First Street, Chennai, Tamil Nadu, India – 600008.