About Q1code Technologies Private Limited
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Q1code Technologies Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the IT services segment of the services sector. It was incorporated on 24 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2016PTC285165. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhupesh Sharad Mandewal and Sharad Narayan Mandewal.
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 Sector 30, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.42 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹75,775 (net margin 53.4%) and EBITDA of ₹77,626 (EBITDA margin 54.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website q1code.com.
Company details
Contact details
Q1code Technologies Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is q1code.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 615 Bsel Tech Park Plot No 39/5 And 39/5A Sector 30A Opp. Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryService, Information Technology Services
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- 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
Business activity
The main business activity of Q1code Technologies is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Q1code Technologies Private Limited, buy the company report.
Financials of Q1code Technologies Private Limited
FY 2025 filings availableQ1code Technologies Private Limited reported revenue of ₹1.42 Lakh (up 1321% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years. EBITDA rose 353% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹77,626 | ||||
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| Net Profit (PAT) | ₹75,775 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 54.7% | ||||
| Net Profit Margin | 53.4% | ||||
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To see the full financial statements and ratios of Q1code Technologies Private Limited, buy the company report.
Board of directors of Q1code Technologies Private Limited
Q1code Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupesh Sharad Mandewal Also directs: DBNM Dnyanmandeer Limited Liability Partnership | Director | 24 Aug 2016 | 10 Years 2 Months | Current |
| Sharad Narayan Mandewal Also directs: Choice Consultancy Private Limited | Director | 24 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Q1code Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spirea Arch Private Limited | ₹1.45 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Iease IT Solutions Private Limited | ₹1.45 Lakh (FY 2025) | -95.0% | Mumbai, Maharashtra, India | |||
| C-Net Solutions (India) Private Limited | ₹1.44 Lakh (FY 2025) | 12.0% | Nagpur, Maharashtra, India | |||
| Crescita Technosoft Private Limited | ₹1.44 Lakh (FY 2025) | 7.0% | Kolkata, West Bengal, India | |||
| Mistybits Private Limited | ₹1.42 Lakh (FY 2025) | -81.0% | Bangalore, Karnataka, India | |||
| Q1code Technologies Private Limitedthis company | ₹1.42 Lakh (FY 2024) | ₹75,775 | 53.4% | 1321.0% | Navi Mumbai, Maharashtra, India | |
| V Vab Holding Private Limited | ₹1.42 Lakh (FY 2021) | Delhi, India | ||||
| Sree Avitri Associates Private Limited | ₹1.4 Lakh (FY 2025) | Gandhinagar, Gujarat, India | ||||
| Seven Horses Software Solutions Private Limited | ₹1.4 Lakh (FY 2025) | Tirukkoyilur, Tamil Nadu, India | ||||
| Troy Innovations Private Limited | ₹1.4 Lakh (FY 2025) | Anekal, Karnataka, India | ||||
| Maxester Technologies Private Limited | ₹1.38 Lakh (FY 2025) | Faridabad, Haryana, India |
To see the full peer comparison of Q1code Technologies Private Limited, buy the company report.
Auditor
Q1code Technologies Private Limited is audited by SOLANKI & SOHAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOLANKI & SOHAL | FY 2017 | 141618W |
Shareholding
The shareholding of Q1code Technologies Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Q1code Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Q1code 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 Q1code Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Q1code Technologies 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 Q1code Technologies Private Limited, buy the company report.
Recent activity
Q1code Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Bhupesh Sharad Mandewal was appointed as Director on 24 Aug 2016.
Frequently asked questions
Q1code Technologies is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in information technology services, within the service industry. It was incorporated on 24 August 2016 (10+ years old) and is registered under CIN U72900MH2016PTC285165.
Q1code Technologies has 2 current directors:
- Bhupesh Sharad Mandewal - Director
- Sharad Narayan Mandewal - Director
The latest financial statements of Q1code Technologies 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 2017 are in the company report.
No. Q1code Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Q1code Technologies is U72900MH2016PTC285165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Q1code Technologies was incorporated on 24 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Q1code Technologies by revenue are Spirea Arch Private Limited, Iease IT Solutions Private Limited, C-Net Solutions (India) Private Limited, Crescita Technosoft Private Limited, Mistybits Private Limited and 5 more, all in the same principal business activity (information service activities).
Bhupesh Sharad Mandewal was appointed as Director on 24 Aug 2016. Sharad Narayan Mandewal was appointed as Director on 24 Aug 2016.
Q1code Technologies can be reached through the website q1code.com. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Q1code Technologies is at B – 615 Bsel Tech Park Plot No 395 And 395A Sector 30A Opp. Vashi Railway Station, Vashi, Navi Mumbai, Maharashtra, India – 400703.
Q1code Technologies operates in the service industry, in the information technology services segment.
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