Qixing Technologies Private Limited
About Qixing Technologies Private Limited
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Qixing Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2019PTC184985. Its GSTIN is 27AAACQ6187F1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Minal Satish Nanadikar and Satish Panditrao Nanadikar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S N 87/7/2B Fl No. 33 Mangal Murti Apts Kothrud, Pune, Maharashtra, India – 411029.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.25 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Cr (net margin -368.1%) and EBITDA of -₹1.08 Cr (EBITDA margin -368.1%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 46% over five years.
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- Registered AddressS N 87/7/2B Fl No. 33 Mangal Murti Apts Kothrud, Pune, Maharashtra, India – 411029
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 of Qixing Technologies Private Limited
The main business activity of Qixing Technologies is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Qixing Technologies Private Limited FY 2025 filings available
Qixing Technologies Private Limited reported revenue of ₹29.25 Lakh (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Qixing Technologies Private Limited
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA fell 80% 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 of Qixing Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.08 Cr | •••• | •••• | •••• | •••• |
| 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 Qixing Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -368.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -368.1% | •••• | •••• | •••• | •••• |
| 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 Qixing Technologies are in the company report.
Financial statements from FY 2020
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 Qixing Technologies Private Limited
Qixing Technologies Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ayush Estates Private Limited | ₹29.43 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| LTC Lighting Private Limited | ₹29.38 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | New Delhi, Delhi, India |
| Samir Distributions Private Limited | ₹29.3 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Muzaffarpur, Bihar, India |
| Corona Switch Gears Private Limited | ₹29.28 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Delhi, India |
| RND Electricals Fabtech Private Limited | ₹29.25 Lakh (FY 2021) | •••• | •••• | 5.0% | •••• | Jalgaon, Maharashtra, India |
| Qixing Technologies Private Limited this company | ₹29.25 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Pune, Maharashtra, India |
| Synigence Electronic & Automation Private Limited | ₹29.21 Lakh (FY 2024) | •••• | •••• | -19.0% | •••• | Vapi, Gujarat, India |
| Telecab Electronics India Private Limited | ₹29.15 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Cerebus Innovations Private Limited | ₹29.07 Lakh (FY 2025) | •••• | •••• | 37.0% | •••• | Bengaluru, Karnataka, India |
| D P Elex India Private Limited | ₹28.98 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Amrith Cooling & Ventilation Systems Private Limited | ₹28.98 Lakh (FY 2025) | •••• | •••• | 776.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Qixing Technologies by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Qixing Technologies Private Limited
Qixing Technologies Private Limited is audited by S.C. JOGLEKAR & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.C. JOGLEKAR & CO | 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 Qixing Technologies Private Limited
Qixing Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Minal Satish Nanadikar | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
| Satish Panditrao Nanadikar | Director | 21 Jun 2019 | 7 Years 3 Months | Current |
Ownership and Shareholding of Qixing Technologies 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 Qixing Technologies Private Limited
Qixing Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qixing Technologies Private Limited
Employment history and EPFO contributions of people linked to Qixing Technologies.
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 Qixing Technologies Private Limited
Qixing Technologies Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Minal Satish Nanadikar was appointed as Director on 21 Jun 2019.
Credit Ratings, Litigation & Regulatory Alerts for Qixing Technologies 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 Qixing Technologies 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Qixing Technologies 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 Qixing Technologies Private Limited
Qixing Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ6187F1Z8 | Maharashtra | Active | 10 Jul 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 Qixing Technologies 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 Qixing Technologies Private Limited
Qixing Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 June 2019 (7+ years old) and is registered under CIN U51909PN2019PTC184985.
Qixing Technologies reported revenue of ₹29.25 Lakh for FY 2025 (up 2% YoY).
Qixing Technologies has 2 current directors:
- Minal Satish Nanadikar - Director
- Satish Panditrao Nanadikar - Director
Qixing Technologies reported a net loss of ₹1.08 Cr (net margin -368.1%) and EBITDA of -₹1.08 Cr (EBITDA margin -368.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Qixing Technologies is -50% over three years and -46% over five years. In the latest year (FY 2025) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Qixing Technologies is 27AAACQ6187F1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qixing Technologies is U51909PN2019PTC184985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qixing Technologies was incorporated on 21 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Qixing Technologies by revenue are Ayush Estates Private Limited, LTC Lighting Private Limited, Samir Distributions Private Limited, Corona Switch Gears Private Limited, RND Electricals Fabtech Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Minal Satish Nanadikar was appointed as Director on 21 Jun 2019. Satish Panditrao Nanadikar was appointed as Director on 21 Jun 2019.
Yes, Qixing Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).