About Quest2pay Payment Solutions Private Limited (OPC)
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Quest2pay Payment Solutions Private Limited (OPC) was a one person company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 January 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2016OPC271658. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Abhay Prabhatkumar Rangnekar and Devaki Abhay Rangnekar (Nominee).
Its latest financial statements are for the year ended 31 March 2019. The registered office was at 3 Floor – 1 Plot 575 – B Vailankini Prasad Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.15 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Lakh (net margin -39.5%) and EBITDA of -₹60,321 (EBITDA margin -19.2%).
The company had about 14 employees on its provident fund (EPFO) records before it was struck off.
The last known website on record is q2pay.in.
Company details
Contact details
Quest2pay Payment Solutions Private Limited (OPC)'s registered office is in Mumbai, Maharashtra. Its website is q2pay.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address3 Floor – 1 Plot 575 – B Vailankini Prasad Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Quest2pay Payment Solutions Private Limited (OPC), buy the company report.
- 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
Financials of Quest2pay Payment Solutions Private Limited (OPC)
FY 2019 filings availableQuest2pay Payment Solutions Private Limited (OPC) reported revenue of ₹3.15 Lakh (down 99% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 101% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹3.15 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹60,321 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.24 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -19.2% | |||
| Net Profit Margin | -39.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
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| 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 Quest2pay Payment Solutions Private Limited (OPC), buy the company report.
Board of directors of Quest2pay Payment Solutions Private Limited (OPC)
Quest2pay Payment Solutions Private Limited (OPC) has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devaki Abhay Rangnekar | Nominee | 04 Jan 2016 | 10 Years 9 Months | As last reported |
| Abhay Prabhatkumar Rangnekar Also directs: Q2pay Technologies Private Limited | Director | 04 Jan 2016 | 10 Years 9 Months | As last reported |
Auditor
Quest2pay Payment Solutions Private Limited (OPC) is audited by BHOMAWAT GUPTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHOMAWAT GUPTA & CO | FY 2019 | 101429W |
Shareholding
The shareholding of Quest2pay Payment Solutions Private Limited (OPC) is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public |
To see the full shareholding pattern of Quest2pay Payment Solutions Private Limited (OPC), buy the company report.
Legal cases
No court or tribunal cases involving Quest2pay Payment Solutions Private Limited (OPC) 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 Quest2pay Payment Solutions Private Limited (OPC); the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quest2pay Payment Solutions Private Limited (OPC) has a workforce of 14 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Quest2pay Payment Solutions Private Limited (OPC) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Quest2pay Payment Solutions Private Limited (OPC), buy the company report.
Recent activity
Quest2pay Payment Solutions Private Limited (OPC) has 2 board changes on record since 2016: 2 appointments. The latest: Abhay Prabhatkumar Rangnekar was appointed as Director on 04 Jan 2016.
Frequently asked questions
Quest2pay Payment Solutions Private Limited (OPC) has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Quest2pay Payment Solutions Private Limited (OPC) was a company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 04 January 2016 and is registered under CIN U74120MH2016OPC271658. The company has been struck off by the Registrar of Companies and is no longer operational.
Quest2pay Payment Solutions Private Limited (OPC) had 2 directors:
- Abhay Prabhatkumar Rangnekar - Director
- Devaki Abhay Rangnekar - Nominee
The CIN (Corporate Identification Number) of Quest2pay Payment Solutions Private Limited (OPC) is U74120MH2016OPC271658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Quest2pay Payment Solutions Private Limited (OPC) is at 3 Floor – 1 Plot 575 – B Vailankini Prasad Mori Road Mahim Bus Terminal Mahim, Mumbai, Maharashtra, India – 400016.
Quest2pay Payment Solutions Private Limited (OPC) was incorporated on 04 January 2016. It is registered with the Registrar of Companies, Mumbai.
Quest2pay Payment Solutions Private Limited (OPC) can be reached through the website q2pay.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Quest2pay Payment Solutions Private Limited (OPC) on record with the MCA are for the year ended 31 March 2019. Year-wise statements from FY 2016 are in the company report.
No. Quest2pay Payment Solutions Private Limited (OPC) has 1 GST registration on record and it is cancelled or inactive.
Quest2pay Payment Solutions Private Limited (OPC) operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.