Quara AI Tech Private Limited

Quara AI Tech Private Limited - information technology in Bhiwandi, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2020PTC341119 Incorporated 28 June 2020 ROC Mumbai HQ Bhiwandi, Maharashtra, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹26.74 Cr
▼ 99.56% YoY
Net profit · FY 2025
₹55.86 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹1.99 Cr
EBITDA margin 7.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Employees · EPFO
120
Provident fund records
Directors on board
2
As per MCA filings

About Quara AI Tech Private Limited

Data last updated:

Quara AI Tech Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 June 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC341119. Its GSTIN is 27AAFCI6777A1ZH (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Quara Technology Private Limited and Innovito Technology Private Limited. It is led by directors Vivek Pandey and Pragun Thadani.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No. 305 – B Flat No. 11 2nd Floor Shreeji Kripa Kasar Ali Nazaran Compound, Bhiwandi, Maharashtra, India – 421302.

As per the financials filed for FY 2025, the company reported a revenue of ₹26.74 Cr. For the same year it recorded a net profit of ₹55.86 Lakh (net margin 2.1%) and EBITDA of ₹1.99 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years.

The company has about 120 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U72900MH2020PTC341119
Registration Number 341119
Incorporation Date 28 June 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Name history

Quara AI Tech has undergone 2 name changes throughout its history. The company was previously known as Quara Technology Private Limited, and Innovito Technology Private Limited. The current legal name is Quara Ai Tech Private Limited.

Company NameStatus
Quara AI Tech Private LimitedCurrent
Quara Technology Private LimitedPrevious
Innovito Technology Private LimitedPrevious

Contact details

Quara AI Tech Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    H No. 305 – B Flat No. 11 2nd Floor Shreeji Kripa Kasar Ali Nazaran Compound, Bhiwandi, Maharashtra, India – 421302
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Quara AI Tech Private Limited, buy the company report.

Comprehensive company report
Quara AI Tech 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

Business activity

The main business activity of Quara AI Tech is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Quara AI Tech Private Limited, buy the company report.

Financials of Quara AI Tech Private Limited

FY 2025 filings available

Quara AI Tech Private Limited reported revenue of ₹26.74 Cr for FY 2025.

Revenue · FY 2025
₹26.74 Cr
Net profit · FY 2025
₹55.86 Lakh margin 2.1%
EBITDA · FY 2025
₹1.99 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 56%
EBITDA CAGR growth
3 years · compounded
▲ 148%

Revenue has grown at a compounded annual rate (CAGR) of 56% over three years. 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹1.99 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹55.86 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.4%
Net Profit Margin2.1%
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 Quara AI Tech Private Limited, buy the company report.

Board of directors of Quara AI Tech Private Limited

Quara AI Tech has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vivek PandeyDirector12 Dec 20241 Years 10 MonthsCurrent
Pragun ThadaniDirector03 Dec 20241 Years 10 MonthsCurrent

Auditor

Quara AI Tech Private Limited is audited by MEENESH SHETTY & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MEENESH SHETTY & ASSOCIATESFY 2023134512

Shareholding

The shareholding of Quara AI Tech Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Quara AI Tech Private Limited, buy the company report.

MSME payment delays

Quara AI Tech Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Aayom Corporate Solutions Private Limited

To see the full MSME payment records of Quara AI Tech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Quara AI Tech Private Limited has a workforce of 120 employees on its EPFO records as of Aug 06, 2025, across 1 active EPFO establishment.

Employee count
120
Active EPFO establishments
1
Employee growth
11900%

GST

Quara AI Tech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCI6777A1ZHMaharashtraActive23 Jul 2020

To see the full GST registrations and return filing status of Quara AI Tech Private Limited, buy the company report.

Recent activity

Quara AI Tech Private Limited has 10 board changes on record since 2020: 4 appointments and 6 cessations. The latest: Pragun Thadani ceased to be Additional Director on 29 Sep 2025.

AGM
Quara Ai Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Pragun Thadani ceased to be Additional Director.
Ceased
Vivek Pandey ceased to be Additional Director.
Filing
Quara Ai Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Vivek Pandey was appointed as Director.
Appointed
Pragun Thadani was appointed as Director.
Ceased
Saif Ahmad ceased to be Additional Director.
Ceased
Mohit Bansal ceased to be Director.
Appointed
Saif Ahmad was appointed as Director.
Ceased
Amrish Hasmukhlal Shah ceased to be Additional Director.
Appointed
Amrish Hasmukhlal Shah was appointed as Director.
Ceased
Pradeep Prabhakar Naik ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Quara AI Tech is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 June 2020 (6+ years old) and is registered under CIN U72900MH2020PTC341119.

Quara AI Tech has 2 current directors:

The latest financial statements of Quara AI Tech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.

The GSTIN of Quara AI Tech is 27AAFCI6777A1ZH, registered in Maharashtra.

The CIN (Corporate Identification Number) of Quara AI Tech is U72900MH2020PTC341119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quara AI Tech was incorporated on 28 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.

Pragun Thadani ceased to be Additional Director on 29 Sep 2025. Vivek Pandey ceased to be Additional Director on 29 Sep 2025. Vivek Pandey was appointed as Director on 12 Dec 2024. Quara AI Tech has 10 board changes on record in total.

Quara AI Tech has 1 MSME Form 1 return on record for the period ending Sep 2021, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 19 Oct 2021.

The registered office of Quara AI Tech is at H No. 305 – B Flat No. 11 2nd Floor Shreeji Kripa Kasar Ali Nazaran Compound, Bhiwandi, Maharashtra, India – 421302.

Quara AI Tech operates in the information technology industry, in the IT consulting and support services segment.

The compliance status of Quara AI Tech is compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.