Qift Solutech Private Limited - Company Profile

Q: Who are the current directors of Qift Solutech Private Limited?

The current directors of Qift Solutech Private Limited are Krishna Yasoda Bandaru, Suryanarayanan Paneer Selvam, Sarangarajan Iyengar Vijayaraghavan.

It is a internet private limited company based in Bangalore, Karnataka, India, established in 2018.

2018 Bangalore, Karnataka, India Active

Last Updated: January 04, 2026

Access Report

About Qift Solutech Private Limited

Qift Solutech Private Limited, a active private limited company, was established on 07 May 2018 in Bangalore, Karnataka, India. Engaging in online service marketplaces within the information and communication sector, it holds CIN: U72900KA2018PTC112875. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.09 M.

It upholds a compliant status. Its leadership includes Krishna Yasoda Bandaru (Director), Suryanarayanan Paneer Selvam (Nominee Director), Sarangarajan Iyengar Vijayaraghavan (Nominee Director). Past directors included Sridher Jeyachandran, Rathinamurthy Rathinasamy, Sailesh Tulshan. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at Workshaala Xenon 2Nd Floor, 100 Feetroad,, Chandra Reddy Avs Layout Ejipura, Bangalore, Karnataka, 560001.

Company Details

CIN/LLPIN
U72900KA2018PTC112875
Registration Number
112875
Incorporation Date
07 May 2018
Authorized Capital
₹1.50 M
Paid-Up Capital
₹1.09 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 M as on 04-01-2026
Paid Up Capital ₹ 1.09 M as on 04-01-2026
Company Age 7 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Revenue Growth **** 186.07% (FY 2023)
Profit Growth **** -215.32% (FY 2023)
Ebitda **** -283.38% (FY 2023)
Net Worth -361.70% (FY 2023)
Total Assets **** 9.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Qift Solutech 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

Who are the key members and board of directors at Qift Solutech Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Krishna Yasoda Bandaru	Director	14 Aug 2024	Current
Suryanarayanan Paneer Selvam	Nominee Director	10 Nov 2022	Current
Sarangarajan Iyengar Vijayaraghavan	Nominee Director	10 Nov 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	18 May 2018	Past
Pramod Abcsdd	Whole-Time Director	22 Dec 2023	Past
Pramod Abcsdd	Director	10 Nov 2022	Past

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

Financial Performance of Qift Solutech.

Qift Solutech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 186.07% increase. The company also saw a substantial fall in profitability, with a 215.32% decrease in profit. The company's net worth observed a substantial decline by a decrease of 361.7%.

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

Upgrade Required

Full access to Financial is available only for users with an active Premium plan.

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

********

186.07%

*******

Revenue from Operations

*******

184.37%

*******

Total Assets

*******

9.26%

*******

Profit or Loss

*******

-215.32%

*******

Net Worth

*******

-361.70%

*******

EBITDA

*******

-283.38%

*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Qift Solutech?

In 2023, Qift Solutech had a promoter holding of 85.87% and a public holding of 14.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

Upgrade Required

Full access to Ownership and Shareholding Structure is available only for users with an active Premium plan.

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

How Many Employees Work at Qift Solutech?

Unlock and access historical data on people associated with Qift Solutech, 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

Upgrade Required

Full access to People is available only for users with an active Premium plan.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Qift Solutech, 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 Qift Solutech's trajectory.

Rating

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

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 Qift Solutech

Recent Activity within the Organization

Annual General Meeting

Progress on Qift Solutech Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records. was documented.
30 Dec 2024
Director Appointment

Progress on Krishna Yasoda Bandaru was appointed as a Director was appointed as a Director on 14 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.
14 Aug 2024
Balance Sheet

Progress on Qift Solutech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.
31 Mar 2024
Director Appointment

Progress on Suryanarayanan Paneer Selvam was appointed as a Nominee Director was appointed as a Nominee Director on 10 Nov 2022 & has been associated with this company since 3 years 3 months . was documented.
10 Nov 2022
Director Appointment

Sarangarajan Iyengar Vijayaraghavan was appointed as a Nominee Director was appointed as a Nominee Director on 10 Nov 2022 & has been associated with this company since 3 years 3 months . was recorded as a recent event.
10 Nov 2022
Company Incorporation

The activity Qift Solutech Private Limited was registered on 07 May 2018 with Roc Bangalore & aged 7 years 9 months as per MCA records. was completed.
07 May 2018

Explore recent activity and updates - View Recent Activity