MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0186359
QG Technologies (India) Private Limited
QG Technologies (India) Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.45 Cr
▲ 176% YoY
Net loss · FY 2025
₹4.39 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹1.31 Cr
EBITDA margin 10.5%
Authorised capital
₹9 Cr
Registered with MCA
Paid-up capital
₹8.95 Cr
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered
About QG Technologies (India) Private Limited
Data last updated:
QG Technologies (India) Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2022FTC388377. Its GSTIN is 27AAACQ8493J2ZT (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.95 Cr. It is led by directors Pareesh Madanmohan Mehta and Michael Jay Langhammer.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.45 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.39 Lakh (net margin -0.4%) and EBITDA of ₹1.31 Cr (EBITDA margin 10.5%).
QG Technologies (India) Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0186359). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900MH2022FTC388377
Registration Number 388377
Incorporation Date 10 August 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0186359
Recognitions & Rankings of QG Technologies (India)
Contact details
QG Technologies (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address201/203 First Floor, Sdf VIII Seepz – SEZ Andheri East, Mumbai, Maharashtra, India – 400096
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of QG Technologies (India) Private Limited, buy the company report.
Comprehensive company report
QG Technologies (India) Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of QG Technologies (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of QG Technologies (India) Private Limited, buy the company report.
Financials of QG Technologies (India) Private Limited
FY 2025 filings availableQG Technologies (India) Private Limited reported revenue of ₹12.45 Cr (up 176% YoY) for FY 2025.
Revenue · FY 2025
₹12.45 Cr ▲ 176%
Net loss · FY 2025
₹4.39 Lakh margin -0.4%
EBITDA · FY 2025
₹1.31 Cr margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 176%
EBITDA CAGR growth
1 year
▲ 702%
Revenue rose 176% in the latest year. EBITDA rose 702% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.31 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.5% | ||
| Net Profit Margin | -0.4% | ||
| 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 | |||
To see the full financial statements and ratios of QG Technologies (India) Private Limited, buy the company report.
Board of directors of QG Technologies (India) Private Limited
QG Technologies (India) has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pareesh Madanmohan Mehta Also directs: QG India Lab Grown LLP, Steckbeck Jewelry Private Limited | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
| Michael Jay Langhammer Also directs: QG India Lab Grown LLP | Director | 10 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
QG Technologies (India) Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saunay Jewels Private Limited | ₹12.5 Cr (FY 2024) | -23.0% | Palghar, Maharashtra, India | |||
| QG Technologies (India) Private Limitedthis company | ₹12.45 Cr (FY 2025) | -₹4.39 Lakh | -0.4% | 176.0% | Mumbai, Maharashtra, India | |
| Kanful Gold Diamonds Private Limited | ₹12.36 Cr (FY 2023) | Mumbai, Maharashtra, India | ||||
| Jain Art Jewellers Pvt Ltd | ₹12.35 Cr (FY 2025) | -25.0% | Chandigarh, India |
To see the full peer comparison of QG Technologies (India) Private Limited, buy the company report.
Auditor
QG Technologies (India) Private Limited is audited by J P WANKADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P WANKADIA & CO. | FY 2023 | 107857W |
Shareholding
The shareholding of QG Technologies (India) Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of QG Technologies (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving QG Technologies (India) 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
QG Technologies (India) Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| HTL Aircon Private Limited |
To see the full MSME payment records of QG Technologies (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
QG Technologies (India) Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
QG Technologies (India) has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ8493J2ZT | Maharashtra | Active | 08 Nov 2022 |
To see the full GST registrations and return filing status of QG Technologies (India) Private Limited, buy the company report.
Recent activity
QG Technologies (India) Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Michael Jay Langhammer was appointed as Director on 10 Aug 2022.
AGM
Qg Technologies (India) Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Qg Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Michael Jay Langhammer was appointed as Director.
Appointed
Pareesh Madanmohan Mehta was appointed as Director.
Incorporation
10 Aug 2022
Qg Technologies (India) Private Limited was registered on 10 Aug 2022 with Roc Mumbai I & aged 4 years 2 months as per MCA records.
Frequently asked questions
QG Technologies (India) is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 August 2022 (4+ years old) and is registered under CIN U72900MH2022FTC388377.
QG Technologies (India) has 2 current directors:
- Pareesh Madanmohan Mehta - Director
- Michael Jay Langhammer - Director
The latest financial statements of QG Technologies (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of QG Technologies (India) is 27AAACQ8493J2ZT, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of QG Technologies (India) is U72900MH2022FTC388377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QG Technologies (India) was incorporated on 10 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of QG Technologies (India) by revenue are Saunay Jewels Private Limited, Kanful Gold Diamonds Private Limited, Jain Art Jewellers Pvt Ltd, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Michael Jay Langhammer was appointed as Director on 10 Aug 2022. Pareesh Madanmohan Mehta was appointed as Director on 10 Aug 2022.
Yes, QG Technologies (India) is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0186359).
QG Technologies (India) has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 06 Feb 2024.
The registered office of QG Technologies (India) is at 201203 First Floor, Sdf VIII Seepz – SEZ Andheri East, Mumbai, Maharashtra, India – 400096.
QG Technologies (India) operates in the information technology industry, in the IT consulting and support services segment.
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