DPIIT recognised startup Government of India
Startup India
Qcid Technologies Private Limited - travel and hospitality in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.17 Cr
▲ 91% YoY
Net profit · FY 2024
₹21.44 Lakh
Net margin 3%
EBITDA · FY 2024
₹42.92 Lakh
EBITDA margin 6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹14.18 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
48
Provident fund records
Directors on board
2
As per MCA filings
About Qcid Technologies Private Limited
Data last updated:
Qcid Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 31 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC118209. Its GSTIN is 29AAACQ5702A1ZV (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.18 Cr. It is led by directors Jaya Krishna Gullapalli and Naveen Chava.
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 Villa No: 23 Vaswani Whispering Palms Marthahalli Outer Ring Road, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.17 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹21.44 Lakh (net margin 3%) and EBITDA of ₹42.92 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: IDSign and IDSign app.
Qcid Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0035778). For more details, the company can be reached via its website idsign.app.
Company details
CIN U74999KA2018PTC118209
Registration Number 118209
Incorporation Date 31 October 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0035778
Recognitions & Rankings of Qcid Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0035778
Contact details
Qcid Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is idsign.app. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVilla No: 23 Vaswani Whispering Palms Marthahalli Outer Ring Road, Bangalore, Karnataka, India – 560037
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Qcid Technologies Private Limited, buy the company report.
Comprehensive company report
Qcid Technologies Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Qcid Technologies operates two associated brands: IDSign and IDSign app. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online platform for secure digital signing services. | idsignca.com | |
| Provides digital signatures, eSign, and KYC services for secure online transactions. | idsign.app |
Business activity
The main business activity of Qcid Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Qcid Technologies Private Limited, buy the company report.
Financials of Qcid Technologies Private Limited
FY 2024 filings availableQcid Technologies Private Limited reported revenue of ₹7.17 Cr (up 91% YoY) for FY 2024.
Revenue · FY 2024
₹7.17 Cr ▲ 91%
Net profit · FY 2024
₹21.44 Lakh margin 3%
EBITDA · FY 2024
₹42.92 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 118%
3 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 47% over three years, including 91% growth in the latest year. EBITDA rose 118% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹42.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.44 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Qcid Technologies Private Limited, buy the company report.
Board of directors of Qcid Technologies Private Limited
Qcid Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaya Krishna Gullapalli Also directs: Digit Secure India Private Limited | Director | 31 Oct 2018 | 7 Years 11 Months | Current |
| Naveen Chava | Director | 31 Oct 2018 | 7 Years 11 Months | Current |
Auditor
Qcid Technologies Private Limited is audited by R Hegde & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R Hegde & Associates | FY 2023 | 017174S |
Shareholding
The shareholding of Qcid Technologies Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Qcid Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qcid Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qcid Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qcid Technologies Private Limited has a workforce of 48 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
-4%
GST
Qcid Technologies has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ5702A1ZV | Karnataka | Active | 30 Jan 2019 |
| 36AAACQ5702A1Z0 | Telangana | Active | 16 Jun 2021 |
To see the full GST registrations and return filing status of Qcid Technologies Private Limited, buy the company report.
Recent activity
Qcid Technologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Sridhar Pashya ceased to be Director on 27 May 2020.
AGM
Qcid Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Qcid Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sridhar Pashya ceased to be Director.
Appointed
Jaya Krishna Gullapalli was appointed as Director.
Appointed
Naveen Chava was appointed as Director.
Incorporation
31 Oct 2018
Qcid Technologies Private Limited was registered on 31 Oct 2018 with Roc Bangalore & aged 7 years 11 months as per MCA records.
Frequently asked questions
Qcid Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 31 October 2018 (8+ years old) and is registered under CIN U74999KA2018PTC118209.
Qcid Technologies has 2 current directors:
- Jaya Krishna Gullapalli - Director
- Naveen Chava - Director
The latest financial statements of Qcid Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Qcid Technologies is 29AAACQ5702A1ZV, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAACQ5702A1Z0 (Telangana).
The CIN (Corporate Identification Number) of Qcid Technologies is U74999KA2018PTC118209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qcid Technologies was incorporated on 31 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Sridhar Pashya ceased to be Director on 27 May 2020. Jaya Krishna Gullapalli was appointed as Director on 31 Oct 2018. Naveen Chava was appointed as Director on 31 Oct 2018.
Yes, Qcid Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Qcid Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0035778).
Qcid Technologies can be reached through the website idsign.app. Its registered office is in Bangalore, Karnataka, India.