
About Qovar Advisors Private Limited
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Qovar Advisors Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 10 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC107795.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Pradeep Venkataramu Kumar and Eswar Suryanarayan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.52 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹55,684 (net margin 7.4%) and EBITDA of ₹1.06 Lakh (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qovar.in.
Company details
Contact details
Qovar Advisors Private Limited's registered office is in Bangalore, Karnataka. Its website is qovar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA 2054 Sobha Arena Pebble Court, Off Kanakapura Road Thalaghattapura Village, Bangalore, Karnataka, India – 560062
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Qovar Advisors 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
Business activity
The main business activity of Qovar Advisors is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Qovar Advisors Private Limited, buy the company report.
Financials of Qovar Advisors Private Limited
FY 2025 filings availableQovar Advisors Private Limited reported revenue of ₹7.52 Lakh (down 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 77% 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 | ₹1.06 Lakh | ||||
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| Net Profit (PAT) | ₹55,684 | ||||
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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 | 14% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Qovar Advisors Private Limited, buy the company report.
Board of directors of Qovar Advisors Private Limited
Qovar Advisors has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Venkataramu Kumar Also directs: Ynos Venture Engine CC Private Limited | Director | 10 Nov 2017 | 8 Years 11 Months | Current |
| Eswar Suryanarayan | Director | 10 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Qovar Advisors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Artis Financial Expertise Private Limited | ₹7.55 Lakh (FY 2024) | -49.0% | Thiruvananthapuram, Kerala, India | |||
| BMR Square Private Limited | ₹7.55 Lakh (FY 2024) | 36424.0% | Rajkot, Gujarat, India | |||
| Excel Financial Services Private Limited | ₹7.54 Lakh (FY 2024) | 49.0% | Ranchi, Jharkhand, India | |||
| Arthkshitij Finsales Private Limited | ₹7.53 Lakh (FY 2025) | -70.0% | Ahmedabad, Gujarat, India | |||
| Golcha Securities Private Limited | ₹7.53 Lakh (FY 2024) | 40.0% | Jaipur, Rajasthan, India | |||
| Qovar Advisors Private Limitedthis company | ₹7.52 Lakh (FY 2024) | ₹55,684 | 7.4% | -22.0% | Bangalore, Karnataka, India | |
| Star Financial Consultants Private Limited | ₹7.52 Lakh (FY 2025) | 98.0% | Ludhiana, Punjab, India | |||
| Karyam Financial Services Private Limited | ₹7.51 Lakh (FY 2024) | -17.0% | Bangalore, Karnataka, India | |||
| Saram Capital Advisors Private Limited | ₹7.5 Lakh (FY 2022) | Delhi, India | ||||
| KBP Advisory & Tax Consultancy Private Limited | ₹7.49 Lakh (FY 2022) | 77.0% | New Delhi, Delhi, India | |||
| Intrust Financial Services (India) Private Limited | ₹7.49 Lakh (FY 2025) | 9.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Qovar Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qovar Advisors 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 Qovar Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Qovar Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Qovar Advisors Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Vijaya Sarathi Nerellapalli ceased to be Director on 16 Jan 2019.
Frequently asked questions
Qovar Advisors is an active private limited company based in Bangalore, Karnataka, India. The company works in other services, within the business services industry. It was incorporated on 10 November 2017 (9+ years old) and is registered under CIN U74999KA2017PTC107795.
Qovar Advisors has 2 current directors:
- Pradeep Venkataramu Kumar - Director
- Eswar Suryanarayan - Director
The latest financial statements of Qovar Advisors on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Qovar Advisors is U74999KA2017PTC107795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qovar Advisors was incorporated on 10 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Qovar Advisors by revenue are Artis Financial Expertise Private Limited, BMR Square Private Limited, Excel Financial Services Private Limited, Arthkshitij Finsales Private Limited, Golcha Securities Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Vijaya Sarathi Nerellapalli ceased to be Director on 16 Jan 2019. Eswar Suryanarayan was appointed as Director on 10 Nov 2017. Pradeep Venkataramu Kumar was appointed as Director on 10 Nov 2017.
Qovar Advisors can be reached through the website qovar.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Qovar Advisors is at A 2054 Sobha Arena Pebble Court, Off Kanakapura Road Thalaghattapura Village, Bangalore, Karnataka, India – 560062.
Qovar Advisors operates in the business services industry, in the other services segment.
The compliance status of Qovar Advisors is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.

