About Qbar Technologies Private Limited
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Qbar Technologies Private Limited is a private limited company based in Whitefield, Karnataka, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA1999PTC025636. Its GSTIN is 29AAACQ0505D1ZY (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.2 Lakh. It is led by directors including Damodara Nayak (Whole-Time Director) and Bithi Agrawal.
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 Villa No.1 Windmills Of Your Mind No.331 Road 3B Epip Zone, Whitefield, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.15 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Lakh (net margin 0.9%) and EBITDA of ₹23.49 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Ontrac.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iamontrac.com.
Company details
Contact details
Qbar Technologies Private Limited's registered office is in Whitefield, Karnataka. Its website is iamontrac.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVilla No.1 Windmills Of Your Mind No.331 Road 3B Epip Zone, Whitefield, Karnataka, India – 560066
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Qbar Technologies 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
Qbar Technologies operates one associated brand: Ontrac. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides training, software, gamification, and simulations for corporate performance enhancement. | iamontrac.com |
Business activity
The main business activity of Qbar Technologies is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Qbar Technologies Private Limited, buy the company report.
Financials of Qbar Technologies Private Limited
FY 2024 filings availableQbar Technologies Private Limited reported revenue of ₹3.15 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 5% fall in the latest year. EBITDA fell 13% 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 | ₹23.49 Lakh | ||||
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| Net Profit (PAT) | ₹2.89 Lakh | ||||
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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 | 7.5% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Qbar Technologies Private Limited, buy the company report.
Board of directors of Qbar Technologies Private Limited
Qbar Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bithi Agrawal | Director | 07 Apr 2003 | 23 Years 7 Months | Current |
| Damodara Nayak Also directs: Apatham Educational Services Private Limited | Whole-Time Director | 04 Jan 2021 | 5 Years 10 Months | Current |
| Ravi Venkatesam Also directs: Apatham Educational Services Private Limited | Director | 01 Sep 2014 | 12 Years 2 Months | Current |
Auditor
Qbar Technologies Private Limited is audited by AJS & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJS & ASSOCIATES | FY 2023 | 004027S |
Shareholding
The shareholding of Qbar Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Qbar Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qbar 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 Qbar Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qbar Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACQ0505D1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qbar Technologies Private Limited, buy the company report.
Recent activity
Qbar Technologies Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Krishna Kumar Agrawal ceased to be Director on 20 Apr 2025.
Frequently asked questions
Qbar Technologies is an active private limited company based in Whitefield, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 August 1999 (27+ years old) and is registered under CIN U72200KA1999PTC025636.
Qbar Technologies has 3 current directors:
- Damodara Nayak - Whole-Time Director
- Bithi Agrawal - Director
- Ravi Venkatesam - Director
The latest financial statements of Qbar Technologies 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 2015 are in the company report.
The GSTIN of Qbar Technologies is 29AAACQ0505D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Qbar Technologies is U72200KA1999PTC025636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qbar Technologies was incorporated on 25 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishna Kumar Agrawal ceased to be Director on 20 Apr 2025. Damodara Nayak was appointed as Whole-Time Director on 04 Jan 2021. Ravi Venkatesam was appointed as Director on 01 Sep 2014. Qbar Technologies has 5 board changes on record in total.
Qbar Technologies can be reached through the website iamontrac.com. Its registered office is in Whitefield, Karnataka, India.
The registered office of Qbar Technologies is at Villa No.1 Windmills Of Your Mind No.331 Road 3B Epip Zone, Whitefield, Karnataka, India – 560066.
Qbar Technologies operates in the information technology industry, in the software development and support services segment.
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