About Quespire Learning Solutions Private Limited
Data last updated:
Quespire Learning Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the elearning and digital education segment of the education sector. It was incorporated on 02 July 2013.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U80212KA2013PTC069917. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹33 Lakh and a paid-up capital of ₹29.51 Lakh. It was formerly known as Curiositi Learning Solutions Private Limited. It is led by directors Vinod Abraham and Manoj Balaram Thandassery.
Its last annual general meeting (AGM) was held on 26 November 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.11 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹1.55 Lakh (net margin 30.4%) and EBITDA of ₹1.86 Lakh (EBITDA margin 36.4%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 24% over five years.
The company is associated with 1 brand: Curiositi Learning Solutions. As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 6 deals on record (6 funding rounds), with disclosed funding of ₹5.51 Cr; the latest was in September 2017.
The last known website on record is curiositi.in.
Company details
Contact details
Quespire Learning Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is curiositi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address25/30 1st & 2nd Floor Gear School Road Off Sarjapur Road & Outer Ring Road Dod, Dakannelli, Bangalore, Karnataka, India – 560035
- IndustryEducation, eLearning & Digital Education
To see the full contact details of Quespire Learning Solutions Private Limited, 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
Brands
Quespire Learning Solutions operates one associated brand: Curiositi Learning Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides activity-based learning solutions for educational needs. | curiositi.in |
Financials of Quespire Learning Solutions Private Limited
FY 2020 filings availableQuespire Learning Solutions Private Limited reported revenue of ₹5.11 Lakh (down 97% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 97% fall in the latest year. EBITDA rose 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.11 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.55 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.4% | ||||
| Net Profit Margin | 30.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Quespire Learning Solutions Private Limited, buy the company report.
Board of directors of Quespire Learning Solutions Private Limited
Quespire Learning Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Abraham | Director | 02 Jul 2013 | 13 Years 3 Months | As last reported |
| Manoj Balaram Thandassery | Director | 02 Jul 2013 | 13 Years 3 Months | As last reported |
Auditor
Quespire Learning Solutions Private Limited is audited by A P PRADEEP & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P PRADEEP & CO | FY 2019 | 011371S |
Shareholding
The shareholding of Quespire Learning Solutions Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Quespire Learning Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2016 | 100028754 | Dena Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Quespire Learning Solutions Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Quespire Learning Solutions Private Limited has 6 deals on record (6 funding rounds), with disclosed funding of ₹5.51 Cr; the latest was in September 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Funding round | ₹2.46 Cr | Investors: Menterra Ventures, Unitus Ventures |
| Jan 2017 | Funding round | ₹1.21 Cr | Investors: Menterra Ventures, Unitus Ventures |
| Feb 2015 | Funding round · Seed | ₹56.2 Lakh | Investors: Unitus Ventures |
| Dec 2014 | Funding round · Seed | ₹63.7 Lakh | Investors: Unitus Ventures, 2 individuals |
| Nov 2014 | Funding round | ₹15 Lakh | Investors: 2 individuals |
To see the full deal history of Quespire Learning Solutions 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
Quespire Learning Solutions Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Civil suit | Filed against the company by Flinto Learning Solutions Private Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Flinto Learning Solution Pvt Ltd | Disposed |
To see the full case history of Quespire Learning Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quespire Learning Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quespire Learning Solutions 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 Quespire Learning Solutions Private Limited, buy the company report.
Recent activity
Quespire Learning Solutions Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Palamadai Ramachandran Ganapathy ceased to be Nominee Director on 28 Nov 2020.
News
Frequently asked questions
Quespire Learning Solutions is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Quespire Learning Solutions is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in elearning and digital education, within the education industry. It was incorporated on 02 July 2013 and is registered under CIN U80212KA2013PTC069917. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Quespire Learning Solutions has 2 current directors:
- Vinod Abraham - Director
- Manoj Balaram Thandassery - Director
The latest financial statements of Quespire Learning Solutions on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 26 November 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Quespire Learning Solutions is U80212KA2013PTC069917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quespire Learning Solutions has no open charges and satisfied charges of ₹25 Lakh as per latest MCA filings.
Quespire Learning Solutions has 2 court cases on record: 2 filed against it.
Quespire Learning Solutions was incorporated on 02 July 2013. It is registered with the Registrar of Companies, Bangalore.
Quespire Learning Solutions has 6 deals on record (6 funding rounds), with disclosed funding of ₹5.51 Cr; the latest was in September 2017.
Palamadai Ramachandran Ganapathy ceased to be Nominee Director on 28 Nov 2020. Manoj Balaram Thandassery was appointed as Director on 02 Jul 2013. Vinod Abraham was appointed as Director on 02 Jul 2013.