Startup India Government of India
Qolaris Solutions Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.05 Cr
▲ 130% YoY
Net profit · FY 2024
₹17,042
Net margin 0%
EBITDA · FY 2024
₹23,193
EBITDA margin 0%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Qolaris Solutions Private Limited
Data last updated:
Qolaris Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 12 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2018PTC340524. Its GSTIN is 07AAACQ5665N1ZW (Delhi).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pranath Rao Rajapet and Sudhakar Reddy Tadikonda.
Its last annual general meeting (AGM) was held on 16 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No.1 Flat No.M – 2 Mezzanine Floor Kaushalya Park, New Delhi, Delhi, India – 110016.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.05 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹17,042 (net margin 0%) and EBITDA of ₹23,193 (EBITDA margin 0%). Revenue has grown at a compounded annual rate (CAGR) of 852% over three years and 245% over five years.
For more details, the company can be reached via its website qolaris.in.
Company details
CIN U74999DL2018PTC340524
Registration Number 340524
Incorporation Date 12 October 2018
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Qolaris Solutions
Contact details
Qolaris Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is qolaris.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No.1 Flat No.M – 2 Mezzanine Floor Kaushalya Park, New Delhi, Delhi, India – 110016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Qolaris Solutions Private Limited, buy the company report.
Comprehensive company report
Qolaris Solutions 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
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Business activity
The main business activity of Qolaris Solutions is professional, scientific and technical. In detail, this covers accounting, book keeping and auditing activities, tax consultancy.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy |
To see the full business activity and turnover split of Qolaris Solutions Private Limited, buy the company report.
Financials of Qolaris Solutions Private Limited
FY 2024 filings availableQolaris Solutions Private Limited reported revenue of ₹10.05 Cr (up 130% YoY) for FY 2024.
Revenue · FY 2024
₹10.05 Cr ▲ 130%
Net profit · FY 2024
₹17,042 margin 0%
EBITDA · FY 2024
₹23,193 margin 0%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 130%
3 years · compounded
▲ 852%
5 years · compounded
▲ 245%
EBITDA CAGR growth
1 year
▲ 104%
3 years · compounded
▲ 34%
5 years · compounded
▲ 56%
Revenue has grown at a compounded annual rate (CAGR) of 245% over five years, including 130% growth in the latest year. EBITDA rose 104% 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 |
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| EBITDA | ₹23,193 | ||||
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| Net Profit (PAT) | ₹17,042 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Qolaris Solutions Private Limited, buy the company report.
Board of directors of Qolaris Solutions Private Limited
Qolaris Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Reddy Tadikonda Also directs: Nuesol Innovations LLP | Additional Director | 24 Jun 2023 | 3 Years 4 Months | Current |
| Pranath Rao Rajapet | Director | 09 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Qolaris Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Venturapranas Accounting Private Limited | ₹10.53 Cr (FY 2024) | 35.0% | Alwarpet, Tamil Nadu, India | |||
| Goalseek Shared Services Private Limited | ₹10.5 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Kotrike Fin Advisory Services Private Limited | ₹10.47 Cr (FY 2025) | 18.0% | Hyderabad, Telangana, India | |||
| Initor Global Bot Books Private Limited | ₹10.18 Cr (FY 2025) | 6.0% | Ahmedabad, Gujarat, India | |||
| Kloud Connect Tech Private Limited | ₹10.15 Cr (FY 2024) | 103.0% | Bangalore, Karnataka, India | |||
| Qolaris Solutions Private Limitedthis company | ₹10.05 Cr (FY 2024) | ₹17,042 | 0% | 130.0% | New Delhi, Delhi, India | |
| SGGG India Private Limited | ₹10.03 Cr (FY 2024) | 38.0% | Panchkula, Haryana, India | |||
| Syncreon Consulting Limited | ₹10.03 Cr (FY 2024) | -11.0% | Hyderabad, Telangana, India | |||
| Tokyo Consulting Firm Private Limited | ₹9.97 Cr (FY 2024) | -4.0% | New Delhi, Delhi, India | |||
| Task Source Private Limited | ₹9.86 Cr (FY 2024) | 46.0% | Indore, Madhya Pradesh, India | |||
| TSMT Consulting Private Limited | ₹9.73 Cr (FY 2025) | 3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Qolaris Solutions Private Limited, buy the company report.
Auditor
Qolaris Solutions Private Limited is audited by Shukla & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shukla & Co | FY 2023 | 0468552 |
Shareholding
The shareholding of Qolaris Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qolaris Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qolaris Solutions 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 Qolaris Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Qolaris Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.
Active EPFO establishments
1
GST
Qolaris Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACQ5665N1ZW | Delhi | Active | 30 Nov 2018 |
To see the full GST registrations and return filing status of Qolaris Solutions Private Limited, buy the company report.
Recent activity
Qolaris Solutions Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Karthik Siripragada ceased to be Director on 24 Jun 2023.
AGM
Qolaris Solutions Private Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.
Filing
Qolaris Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Karthik Siripragada ceased to be Director.
Appointed
Sudhakar Reddy Tadikonda was appointed as Additional Director.
Ceased
Nirupam Gupta ceased to be Director.
Appointed
Pranath Rao Rajapet was appointed as Director.
Ceased
Anjali Kathuria ceased to be Additional Director.
Ceased
Mohit Bansal ceased to be Additional Director.
Ceased
Tripat Pal Singh ceased to be Additional Director.
Ceased
Manjeet Singh ceased to be Director.
Incorporation
12 Oct 2018
Qolaris Solutions Private Limited was registered on 12 Oct 2018 with Roc Delhi & aged 8 years 16 days as per MCA records.
Frequently asked questions
Qolaris Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 12 October 2018 (8+ years old) and is registered under CIN U74999DL2018PTC340524.
Qolaris Solutions has 2 current directors:
- Sudhakar Reddy Tadikonda - Additional Director
- Pranath Rao Rajapet - Director
The latest financial statements of Qolaris Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 16 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Qolaris Solutions is 07AAACQ5665N1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Qolaris Solutions is U74999DL2018PTC340524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qolaris Solutions was incorporated on 12 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Qolaris Solutions by revenue are Venturapranas Accounting Private Limited, Goalseek Shared Services Private Limited, Kotrike Fin Advisory Services Private Limited, Initor Global Bot Books Private Limited, Kloud Connect Tech Private Limited and 5 more, all in the same principal business activity (accounting, book keeping and auditing activities, tax consultancy).
Karthik Siripragada ceased to be Director on 24 Jun 2023. Sudhakar Reddy Tadikonda was appointed as Additional Director on 24 Jun 2023. Nirupam Gupta ceased to be Director on 09 Mar 2022. Qolaris Solutions has 8 board changes on record in total.
Yes, Qolaris Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Qolaris Solutions can be reached through the website qolaris.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Qolaris Solutions is at Plot No.1 Flat No.M – 2 Mezzanine Floor Kaushalya Park, New Delhi, Delhi, India – 110016.