Medq Solutions Private Limited
About Medq Solutions Private Limited
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Medq Solutions Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 31 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2021PTC119266.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Naresh Paruchuri and Praveen Potru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F.No.301 S.V.Pride Apartments Vidya Nagar 1/8, Guntur, Andhra Pradesh, India – 522007.
As per the financials filed for FY 2024, the company reported a revenue of ₹38 Lakh. For the same year it recorded a net loss of ₹1.69 Lakh (net margin -4.4%) and EBITDA of -₹1.64 Lakh (EBITDA margin -4.3%).
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Company details
Contact details
Medq Solutions Private Limited's registered office is in Guntur, Andhra Pradesh.
- Registered AddressF.No.301 S.V.Pride Apartments Vidya Nagar 1/8, Guntur, Andhra Pradesh, India – 522007
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
- 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 Medq Solutions Private Limited
FY 2024 filings availableMedq Solutions Private Limited reported revenue of ₹38 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | -₹1.64 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.69 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4.3% | ||
| Net Profit Margin | -4.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
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To see the full financial statements and ratios of Medq Solutions Private Limited, buy the company report.
Board of directors of Medq Solutions Private Limited
Medq Solutions has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Paruchuri | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Praveen Potru Also directs: Cross2breed Cafes Private Limited | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
| Tiyyagura Srikanth Reddy | Director | 31 Aug 2021 | 5 Years 1 Months | Current |
Peer comparison
Medq Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Outsourcing industry (HR Outsourcing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mavin Rpo Solutions Private Limited | ₹38.23 Lakh (FY 2024) | -33.0% | Pune, Maharashtra, India | |||
| Sixsigma Hospitality Private Limited | ₹38.23 Lakh (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Kaizensoft Private Limited | ₹38.21 Lakh (FY 2021) | Jamui, Bihar, India | ||||
| Yashmit Human Resource Management Services Private Limited | ₹38.16 Lakh (FY 2020) | -7.0% | Jayanagar, Karnataka, India | |||
| Uni Atlanticbay Ship Management Private Limited | ₹38.12 Lakh (FY 2017) | 593.0% | Mumbai, Maharashtra, India | |||
| Medq Solutions Private Limitedthis company | ₹38 Lakh (FY 2024) | -₹1.69 Lakh | -4.4% | Guntur, Andhra Pradesh, India | ||
| White Lions Enterprises Private Limited | ₹38 Lakh (FY 2025) | -63.0% | Mumbai, Maharashtra, India | |||
| Suven Consultants and Technology Private Limited | ₹37.99 Lakh (FY 2025) | 177.0% | Mumbai, Maharashtra, India | |||
| Newstar Consulting Private Limited | ₹37.98 Lakh (FY 2024) | -73.0% | New Delhi, Delhi, India | |||
| Purplekite Networks Private Limited | ₹37.96 Lakh (FY 2024) | -61.0% | Chandigarh, India | |||
| Aconic Technologies Private Limited | ₹37.96 Lakh (FY 2024) | Sriperumbudur, Tamil Nadu, India |
To see the full peer comparison of Medq Solutions Private Limited, buy the company report.
Legal cases
Medq Solutions Private Limited has 1 court case on record: 1 filed by Medq Solutions. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against The State of Telangana | Pending |
To see the full case history of Medq 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 Medq Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Medq Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Medq Solutions Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Naresh Paruchuri was appointed as Director on 31 Aug 2021.
Frequently asked questions
Medq Solutions is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 31 August 2021 (5+ years old) and is registered under CIN U74999AP2021PTC119266.
Medq Solutions has 3 current directors:
- Naresh Paruchuri - Director
- Praveen Potru - Director
- Tiyyagura Srikanth Reddy - Director
The latest financial statements of Medq Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Medq Solutions is U74999AP2021PTC119266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medq Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Medq Solutions was incorporated on 31 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Medq Solutions by revenue are Mavin Rpo Solutions Private Limited, Sixsigma Hospitality Private Limited, Kaizensoft Private Limited, Yashmit Human Resource Management Services Private Limited, Uni Atlanticbay Ship Management Private Limited and 5 more, all in the Outsourcing industry (HR Outsourcing).
Naresh Paruchuri was appointed as Director on 31 Aug 2021. Praveen Potru was appointed as Director on 31 Aug 2021. Tiyyagura Srikanth Reddy was appointed as Director on 31 Aug 2021.
The registered office of Medq Solutions is at F.No.301 S.V.Pride Apartments Vidya Nagar 18, Guntur, Andhra Pradesh, India – 522007.
Medq Solutions operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Medq Solutions can be reached at its registered office: F.No.301 S.V.Pride Apartments Vidya Nagar 18, Guntur, Andhra Pradesh, India – 522007.
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