Qbits Work Private Limited - Company Profile

It is a information technology private limited company based in Nagpur, Maharashtra, India, established in 2018.
2018 Nagpur, Maharashtra, India Active
Last Updated:
Access Report
About Qbits Work Private Limited

Qbits Work Private Limited, a active private limited company, was established on 19 April 2018 in Nagpur, Maharashtra, India. Engaging in other computer related activities within the information technology sector, it holds CIN: U72900MH2018PTC308240. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.30 M.

Its leadership includes Radhika Kandalkar (Director), Vasant Kandalkar (Director). Past directors included Sameer Yadavrao Chimote, Vishal Yadavrao Chimote. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at C/O Yadavrao Chimote, Plot No. 21 Atrey Layout, Pratap Nagar, Nagpur, Maharashtra, 440022.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72900MH2018PTC308240

  • Registration Number

    308240

  • Incorporation Date

    19 April 2018

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.30 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth **** %
  • Profit Growth **** -11.30%
  • Ebitda **** -11.30%
  • Net Worth -1.89%
  • Total Assets -1.89%
Company report

Qbits Work Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Qbits Work Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element
Who are the key members and board of directors at Qbits Work Private Limited?
Current Directors
Name Designation Appointment Date Status
Radhika Kandalkar Director 19 Apr 2018 Current
Vasant Kandalkar Director 28 Oct 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 29 Oct 2020 Past
Pramod Abcsdd Director 31 Jan 2020 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Qbits Work.

Qbits Work Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 11.3% decrease in profit. The company's net worth dipped by a decrease of 1.89%.

Qbits Work revenue growth over time
Qbits Work profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -1.89%
*******
*******
*******
*******
Profit or Loss
*******
 -11.30%
*******
*******
*******
*******
Net Worth
*******
 -1.89%
*******
*******
*******
*******
EBITDA
*******
 -11.30%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Qbits Work?

Unlock access to Qbits Work's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

Reveal ownership structures and financial performance - Get instant access now!

How Many Employees Work at Qbits Work?

Unlock and access historical data on people associated with Qbits Work, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qbits Work, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Qbits Work's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Qbits Work
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Qbits Work Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was documented.

  • Balance Sheet

    Qbits Work Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    Progress on Vasant Kandalkar was appointed as a Director was appointed as a Director on 28 Oct 2020 & has been associated with this company since 5 years 3 months . was documented.

  • Director Appointment

    Progress on Radhika Kandalkar was appointed as a Director was appointed as a Director on 19 Apr 2018 & has been associated with this company since 7 years 9 months . was documented.

  • Company Incorporation

    The activity Qbits Work Private Limited was registered on 19 Apr 2018 with Roc Mumbai & aged 7 years 9 months as per MCA records. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Qbits Work Private Limited?

The CIN of Qbits Work Private Limited is U72900MH2018PTC308240.

Where is Qbits Work Private Limited headquartered?

Qbits Work Private Limited is headquartered at C/O Yadavrao Chimote, Plot No. 21 Atrey Layout, Pratap Nagar, Nagpur, Maharashtra, 440022.

When was Qbits Work Private Limited incorporated?

Qbits Work Private Limited was incorporated on 19 April 2018.

Who are the current directors of Qbits Work Private Limited?

The current directors of Qbits Work Private Limited are

What is the primary industry of Qbits Work Private Limited?

The primary industry of Qbits Work Private Limited is Information Technology.

Is Qbits Work Private Limited a listed company?

Qbits Work Private Limited is unlisted.

What is the capital structure of Qbits Work Private Limited?

The authorized capital of Qbits Work Private Limited is ₹1.00 M, and the paid-up capital is ₹0.30 M.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available