
About Qaexplore Equipment Private Limited
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Qaexplore Equipment Private Limited is a private limited company based in Gandhinagar, Gujarat, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 22 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC106747. Its GSTIN is 24AAACQ5963F1ZG (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Qaexplore Analylitic & Scientific Equipment Private Limited. It is led by directors Vrushali Chavan Vinay and Vinay Chavan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at A 501 Shivam Plaza Borisana Road Kalol, Gandhinagar, Gujarat, India – 382721.
As per the financials filed for FY 2022, the company reported a revenue of ₹11.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.14 Lakh (net margin 2.8%) and EBITDA of ₹49.76 Lakh (EBITDA margin 4.2%).
As per MCA filings, the company has open charges of ₹47.95 Lakh on record. Court records list 5 cases involving the company, including 4 filed against it; 3 cases are pending.
For more details, the company can be reached via its website qaexplore.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA 501 Shivam Plaza Borisana Road Kalol, Gandhinagar, Gujarat, India – 382721
- IndustryHealthcare, Medical Consumables & Supplies
- 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
- One PDF report, delivered after checkout
Business Activity of Qaexplore Equipment Private Limited
The main business activity of Qaexplore Equipment is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Qaexplore Equipment Private Limited FY 2022 filings available
Qaexplore Equipment Private Limited reported revenue of ₹11.91 Cr (up 1159% YoY) for FY 2022.
Financial Statement Summary of Qaexplore Equipment Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.91 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹49.76 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.14 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 of Qaexplore Equipment Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Qaexplore Equipment are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Qaexplore Equipment Private Limited
Qaexplore Equipment Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Medical Consumables). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Satyasai LPG Cylinders Private Limited | ₹11.93 Cr (FY 2025) | •••• | •••• | 2260.0% | •••• | Seraikelakharsawan, Jharkhand, India |
| Lipson Machine Tools Private Limited | ₹11.93 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Gondal, Gujarat, India |
| Ennem Excel Engineering Private Limited | ₹11.91 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Patancheru, Telangana, India |
| Highstar Technoloogy Private Limited | ₹11.91 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Raamton Engineering Private Limited | ₹11.91 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bangalore, Karnataka, India |
| Qaexplore Equipment Private Limited this company | ₹11.91 Cr (FY 2022) | •••• | •••• | 1159.0% | •••• | Gandhinagar, Gujarat, India |
| Shinjiru Engineering India Private Limited | ₹11.9 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Gurgaon, Haryana, India |
| Navani Meditex Private Limited | ₹11.87 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Palakkad, Kerala, India |
| Amigo Surgicare Private Limited | ₹11.87 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Gandhinagar, Gujarat, India |
| Unique Power Control Private Limited | ₹11.86 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | Gurgaon, Haryana, India |
| Nederman India Private Limited | ₹11.86 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Qaexplore Equipment by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers, Medical Consumables), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Qaexplore Equipment Private Limited
Qaexplore Equipment Private Limited is audited by VISHAL DARJI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VISHAL DARJI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Qaexplore Equipment Private Limited
Qaexplore Equipment 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 |
|---|---|---|---|---|
| Vrushali Chavan Vinay | Director | 22 Feb 2019 | 7 Years 7 Months | Current |
| Vinay Chavan | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Qaexplore Equipment Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Qaexplore Equipment Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹24.9 Lakh | Open |
| 01 May 2023 | Hdfc Bank Limited | ₹23.05 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Qaexplore Equipment Private Limited
Qaexplore Equipment Private Limited has 5 court cases on record: 4 filed against it, 1 where it is another party. 3 cases are pending and 2 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by Rachna Air Components Privted Ltd | Pending |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed against the company by Union Bank of India Authorized Officer Satish Kumar Sahoo | Disposed |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Company is another party | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Qaexplore Equipment Private Limited
Employment history and EPFO contributions of people linked to Qaexplore Equipment.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Qaexplore Equipment Private Limited
Qaexplore Equipment Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Rupali Chavan Anil ceased to be Director on 31 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Qaexplore Equipment Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Qaexplore Equipment Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Qaexplore Equipment Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Qaexplore Equipment Private Limited
Qaexplore Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ5963F1ZG | Gujarat | Active | 06 Mar 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Qaexplore Equipment Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Qaexplore Equipment Private Limited
Qaexplore Equipment is an active private limited company based in Gandhinagar, Gujarat, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 22 February 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC106747.
Qaexplore Equipment reported revenue of ₹11.91 Cr for FY 2022 (up 1159% YoY).
Qaexplore Equipment has 2 current directors:
- Vrushali Chavan Vinay - Director
- Vinay Chavan - Director
Qaexplore Equipment reported a net profit of ₹33.14 Lakh (net margin 2.8%) and EBITDA of ₹49.76 Lakh (EBITDA margin 4.2%) for FY 2022, as per its filed financial statements.
The GSTIN of Qaexplore Equipment is 24AAACQ5963F1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Qaexplore Equipment is U74999GJ2019PTC106747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qaexplore Equipment has 5 court cases on record: 4 filed against it. 3 are pending.
Qaexplore Equipment was incorporated on 22 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Qaexplore Equipment by revenue are Satyasai LPG Cylinders Private Limited, Lipson Machine Tools Private Limited, Ennem Excel Engineering Private Limited, Highstar Technoloogy Private Limited, Raamton Engineering Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers, Medical Consumables).
Rupali Chavan Anil ceased to be Director on 31 Mar 2021. Vinay Chavan was appointed as Director on 31 Mar 2021. Vrushali Chavan Vinay was appointed as Director on 22 Feb 2019.
Yes, Qaexplore Equipment is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).