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Qvady Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2022
₹12.52 Lakh
▲ 442% YoY
Net loss · FY 2022
₹97.74 Lakh
Latest filing
EBITDA · FY 2022
-₹90.74 Lakh
Latest filing
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹1.73 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Qvady Technologies Private Limited
Data last updated:
Qvady Technologies Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 March 2017.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2017PTC115771. Its GSTIN is 29AAACQ4661Q1ZQ (Karnataka).
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹1.73 Lakh. It was led by directors Mohammed Ibrahim and Ashish Rawath.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at #10 Uthamar Gandhi Salai Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹97.74 Lakh and EBITDA of -₹90.74 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 16% over three years.
The company was associated with 2 brands: MoveWorld and Oga. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.79 Cr; the latest was in September 2020. Its 10 peer companies in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.) are compared by revenue, 5 larger and 5 smaller; the largest is Third Eye Surveillance Private Limited with revenue of ₹12.59 Lakh.
The last known website on record is qvady.com.
Company details
CIN U72900TN2017PTC115771
Registration Number 115771
Incorporation Date 28 March 2017
ROC Chennai
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Key People
Mohammed Ibrahim Director Ashish Rawath Director Recognitions & Rankings of Qvady Technologies
Contact details
Qvady Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qvady.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#10 Uthamar Gandhi Salai Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Qvady Technologies Private Limited, buy the company report.
Comprehensive company report
Qvady 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
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Brands
Qvady Technologies operates two associated brands: MoveWorld and Oga. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A platform featuring a collection of Web3 move-to-earn games. | moveworld.so | |
| Dance learning solutions are delivered via a mobile platform. | oga.so |
Business activity
The main business activity of Qvady Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
Financials of Qvady Technologies Private Limited
FY 2023 filings availableQvady Technologies Private Limited reported revenue of ₹12.52 Lakh (up 442% YoY) for FY 2022.
Revenue · FY 2022
₹12.52 Lakh ▲ 442%
Net loss · FY 2022
₹97.74 Lakh
EBITDA · FY 2022
-₹90.74 Lakh
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 442%
3 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 76%
3 years · compounded
▼ 26%
Revenue has grown at a compounded annual rate (CAGR) of 16% over three years, including 442% growth in the latest year. EBITDA rose 76% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹90.74 Lakh | ||||
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| Net Profit (PAT) | -₹97.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of Qvady Technologies Private Limited, buy the company report.
Board of directors of Qvady Technologies Private Limited
Qvady Technologies has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Ibrahim | Director | 28 Sep 2023 | 3 Years 0 Months | As last reported |
| Ashish Rawath | Director | 28 Mar 2017 | 9 Years 6 Months | As last reported |
Peer comparison
Qvady Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Third Eye Surveillance Private Limited | ₹12.59 Lakh (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Vimtri IT Solution (OPC) Private Limited | ₹12.57 Lakh (FY 2025) | 124458513.0% | New Delhi, Delhi, India | |||
| Ict Research & Development Private Limited | ₹12.56 Lakh (FY 2021) | 1460.0% | Hyderabad, Telangana, India | |||
| Hiranya Pathaye Technologies Private Limited | ₹12.56 Lakh (FY 2024) | 158.0% | Coimbatore, Tamil Nadu, India | |||
| Aplus Global Ecommerce (OPC) Private Limited | ₹12.53 Lakh (FY 2023) | -38.0% | Noida, Uttar Pradesh, India | |||
| Qvady Technologies Private Limitedthis company | ₹12.52 Lakh (FY 2022) | -₹97.74 Lakh | 442.0% | Chennai, Tamil Nadu, India | ||
| Ridge Infosoft Private Limited | ₹12.51 Lakh (FY 2025) | -13.0% | Ahmedabad, Gujarat, India | |||
| Webair Infonet Private Limited | ₹12.5 Lakh (FY 2019) | 162.0% | Ahmedabad, Gujarat, India | |||
| Logicwares Private Limited | ₹12.48 Lakh (FY 2020) | 12.0% | Gurgaon, Haryana, India | |||
| Techwonders IT Services Private Limited | ₹12.47 Lakh (FY 2024) | -71.0% | Gurgaon, Haryana, India | |||
| Parasol Systems Pvt Ltd | ₹12.47 Lakh (FY 2025) | 70.0% | Chandigarh, India |
To see the full peer comparison of Qvady Technologies Private Limited, buy the company report.
Auditor
Qvady Technologies Private Limited is audited by N D RAJAGOPAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D RAJAGOPAL & CO | FY 2021 | 005104S |
Shareholding
The shareholding of Qvady Technologies Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Qvady Technologies Private Limited, buy the company report.
Deals & funding
Qvady Technologies Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹6.79 Cr; the latest was in September 2020.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹6.79 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Qvady Limited |
| Nov 2019 | Funding round · Series A | ₹2.34 Cr | Investors: Zorba Renaissance Private Limited , 2 individuals |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Zorba Renaissance Private Limited , 3 individuals Seller: Qvady Limited |
| Jul 2019 | Secondary share transfer | Undisclosed | Buyer: Qvady Limited Seller: 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Qvady Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Qvady 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 Qvady Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qvady Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ4661Q1ZQ | Karnataka | Active | 01 Nov 2019 |
To see the full GST registrations and return filing status of Qvady Technologies Private Limited, buy the company report.
Recent activity
Qvady Technologies Private Limited has 6 board changes on record since 2017: 2 appointments and 4 cessations. The latest: Mohammed Ibrahim was appointed as Director on 28 Sep 2023.
AGM
Qvady Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Appointed
Mohammed Ibrahim was appointed as Director.
Filing
Qvady Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Ceased
Ankur Mittal ceased to be Director.
Ceased
David Anthony Giampaolo ceased to be Additional Director.
Ceased
Sarvesh Shashi ceased to be Additional Director.
Ceased
Mohammed Ibrahim ceased to be Director.
Appointed
Ashish Rawath was appointed as Director.
Incorporation
28 Mar 2017
Qvady Technologies Private Limited was registered on 28 Mar 2017 with Roc Chennai & aged 9 years 6 months as per MCA records.
Frequently asked questions
Qvady Technologies 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.
Qvady Technologies was a private limited company based in Chennai, Tamil Nadu, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 28 March 2017 and is registered under CIN U72900TN2017PTC115771. The company has been struck off by the Registrar of Companies and is no longer operational.
Qvady Technologies had 2 directors:
- Mohammed Ibrahim - Director
- Ashish Rawath - Director
The CIN (Corporate Identification Number) of Qvady Technologies is U72900TN2017PTC115771. 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 Qvady Technologies is at #10 Uthamar Gandhi Salai Nungambakkam High Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
Qvady Technologies was incorporated on 28 March 2017. It is registered with the Registrar of Companies, Chennai.
Yes, Qvady Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Qvady Technologies can be reached through the website qvady.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Qvady Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Qvady Technologies is 29AAACQ4661Q1ZQ, registered in Karnataka.
Qvady Technologies operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.