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Qpic Solutions Private Limited - education in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2021
₹26.31 Lakh
▼ 37% YoY
Net profit · FY 2021
₹6.91 Lakh
Net margin 26.3%
EBITDA · FY 2021
₹9.58 Lakh
EBITDA margin 36.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.8 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
3
Provident fund records
Directors on board
3
As per MCA filings
About Qpic Solutions Private Limited
Data last updated:
Qpic Solutions Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Gajju Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the edtech solutions segment of the education sector. It was incorporated on 13 December 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U80100MH2018PTC417425. Its GSTIN is 32AAACQ5790L1Z5 (Kerala).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.8 Lakh. It was led by directors including Naveesh Hanumanth Reddy and Rohit Shyam Gajbhiye.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹26.31 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹6.91 Lakh (net margin 26.3%) and EBITDA of ₹9.58 Lakh (EBITDA margin 36.4%).
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
The last known website on record is qpic.in.
Company Details of Qpic Solutions Private Limited
CIN U80100MH2018PTC417425
Registration Number 417425
Incorporation Date 13 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Gajju Technologies Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN History of Qpic Solutions Private Limited
Qpic Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U80100MH2018PTC417425, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80100MH2018PTC417425 | Current |
| U80100KL2018PTC055940 | Previous |
| U72501KL2018PTC055940 | Previous |
Key People
Naveesh Hanumanth Reddy Director Rohit Shyam Gajbhiye Director Debi Prasad Baral Director Recognitions & Rankings of Qpic Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressPlot No. 169 Rsc – 2, Versova Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryEducation, EdTech Solutions
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Financials of Qpic Solutions Private Limited FY 2023 filings available
Qpic Solutions Private Limited reported revenue of ₹26.31 Lakh (down 37% YoY) for FY 2021.
Revenue · FY 2021
₹26.31 Lakh ▼ 37%
Net profit · FY 2021
₹6.91 Lakh margin 26.3%
EBITDA · FY 2021
₹9.58 Lakh margin 36.4%
Compounded Annual Growth Rate (CAGR) of Qpic Solutions Private Limited
Revenue CAGR growth
1 year
▼ 37%
Revenue fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Qpic Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹26.31 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹9.58 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.91 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 of Qpic Solutions Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 36.4% | •••• | •••• |
| Net Profit Margin | 26.3% | •••• | •••• |
| 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 Qpic Solutions are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Qpic Solutions Private Limited
Qpic Solutions has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveesh Hanumanth Reddy | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
| Rohit Shyam Gajbhiye | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
| Debi Prasad Baral Also directs: Visionary Financepeer Private Limited, Algol Technology Private Limited, Murum Infotech Private Limited and 1 more | Director | 01 Jan 2021 | 5 Years 9 Months | As last reported |
Auditor Details of Qpic Solutions Private Limited
Qpic Solutions Private Limited is audited by CHINTAN DOSHI AND ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHINTAN DOSHI AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Qpic Solutions Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Qpic Solutions Private Limited
Qpic Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Qpic Solutions Private Limited
Qpic Solutions Private Limited has a workforce of 3 employees as of Apr 08, 2024.
Employee count
3
Active EPFO establishments
1
Employee growth
-91.89%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
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Recent Activity on Qpic Solutions Private Limited
Qpic Solutions Private Limited has 9 board changes on record since 2021: 3 appointments and 6 cessations. The latest: Debi Prasad Baral ceased to be Additional Director on 01 Mar 2022.
AGM
Qpic Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Qpic Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Debi Prasad Baral ceased to be Additional Director.
Ceased
Naveesh Hanumanth Reddy ceased to be Additional Director.
Ceased
Rohit Shyam Gajbhiye ceased to be Additional Director.
Ceased
Sunit Shyam Gajbhiye ceased to be Additional Director.
Ceased
Archana Vijayan ceased to be Director.
Ceased
Deepesh Marotti Kunnath Divakaran ceased to be Managing Director.
Appointed
Debi Prasad Baral was appointed as Director.
Appointed
Naveesh Hanumanth Reddy was appointed as Director.
Appointed
Rohit Shyam Gajbhiye was appointed as Director.
Incorporation
13 Dec 2018
Qpic Solutions Private Limited was registered on 13 Dec 2018 with Roc Mumbai & aged 7 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Qpic Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Qpic Solutions Private Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Qpic Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Qpic Solutions Private Limited
Qpic Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACQ5790L1Z5 | Kerala | Active | 07 Jun 2019 |
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MCA Filings & Documents of Qpic Solutions Private Limited
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MCA filings and documents
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Frequently Asked Questions about Qpic Solutions Private Limited
Qpic Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Qpic Solutions was a private limited company based in Mumbai, Maharashtra, India. The company worked in edtech solutions, within the education industry. It was incorporated on 13 December 2018 and is registered under CIN U80100MH2018PTC417425. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Qpic Solutions was incorporated on 13 December 2018. It is registered with the Registrar of Companies, Mumbai.
Qpic Solutions had 3 directors:
- Naveesh Hanumanth Reddy - Director
- Rohit Shyam Gajbhiye - Director
- Debi Prasad Baral - Director
The CIN (Corporate Identification Number) of Qpic Solutions is U80100MH2018PTC417425. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Qpic Solutions is at Plot No. 169 Rsc – 2, Versova Andheri West, Mumbai, Maharashtra, India – 400053.
Yes, Qpic Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Qpic Solutions can be reached through the website qpic.in. Its registered office is in Mumbai, Maharashtra, India.
Qpic Solutions reported revenue of ₹26.31 Lakh for FY 2021 (down 37% YoY).
Qpic Solutions has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.8 Lakh.