India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #94 Anil Rai Gupta & family ₹34,500 Cr
- #207 Surjit Kumar Gupta & family ₹17,800 Cr
QRG Enterprises Limited.
QRG Enterprises Limited. - financial services in New Delhi, Delhi, India. FY 2026 financials & compliance.
Active Public Limited Company financial services
Revenue · FY 2023
₹21.65 Cr
▼ 89% YoY
Net profit · FY 2023
₹15.32 Cr
Net margin 70.8%
EBITDA · FY 2023
₹18.59 Cr
EBITDA margin 85.9%
Authorised capital
₹16.8 Cr
Registered with MCA
Paid-up capital
₹3.58 Cr
Issued & subscribed
Satisfied charges
₹703.15 Cr
No open charges
Company age
35 yrs
Est. 1991
Employees · EPFO
2
Provident fund records
About QRG Enterprises Limited.
Data last updated:
QRG Enterprises Limited. is a public limited company based in New Delhi, Delhi, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 16 April 1991 and has been in existence for over 35 years.
Its director Anil Rai Gupta and family are #94 among India's richest people (2026). Its director Surjit Kumar Gupta and family are #207 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31900DL1991PLC456406. Its GSTIN is 09AAACH0011R1ZN (Uttar Pradesh). The company holds 14 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹16.8 Cr and a paid-up capital of ₹3.58 Cr. It was formerly known as Havell'S Industries Ltd and Havell'S Industries Limited. It is led by directors including Sangeeta Rai Gupta and Vinod Gupta.
Its last annual general meeting (AGM) was held on 23 May 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 904 9th Floor Surya Kiran Building, K G Marg Connaught Place, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.65 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹15.32 Cr (net margin 70.8%) and EBITDA of ₹18.59 Cr (EBITDA margin 85.9%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 24% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹703.15 Cr on record. Court records list 123 cases involving the company, including 17 filed by the company and 106 filed against it; 5 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31900DL1991PLC456406
Registration Number 456406
Incorporation Date 16 April 1991
ROC Delhi
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Name history
QRG Enterprises Limited has undergone 2 name changes throughout its history. The company was previously known as Havell's Industries Ltd, and Havell's Industries Limited. The current legal name is Qrg Enterprises Limited..
| Company Name | Status |
|---|---|
| QRG Enterprises Limited. | Current |
| Havell's Industries Ltd | Previous |
| Havell's Industries Limited | Previous |
CIN history
QRG Enterprises Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U31900DL1991PLC456406, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900DL1991PLC456406 | Current |
| U74999DL1991PLC043974 | Previous |
| U31900DL1991PLC043974 | Previous |
| U31900HR1991PLC097548 | Previous |
Recognitions & Rankings of QRG Enterprises Limited
Contact details
QRG Enterprises Limited.'s registered office is in New Delhi, Delhi.
- Registered Address904 9th Floor Surya Kiran Building, K G Marg Connaught Place, New Delhi, Delhi, India – 110001
- IndustryFinancial Services, Real Estate Financing
Comprehensive company report
QRG Enterprises 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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Financials of QRG Enterprises Limited.
FY 2025 filings availableQRG Enterprises Limited. reported revenue of ₹21.65 Cr (down 89% YoY) for FY 2023.
Revenue · FY 2023
₹21.65 Cr ▼ 89%
Net profit · FY 2023
₹15.32 Cr margin 70.8%
EBITDA · FY 2023
₹18.59 Cr margin 85.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 51%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 25%
5 years · compounded
▲ 16%
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 89% fall in the latest year. EBITDA rose 66% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹21.65 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹18.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.32 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.9% | ||||
| Net Profit Margin | 70.8% | ||||
| 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 QRG Enterprises Limited., buy the company report.
Board of directors of QRG Enterprises Limited.
QRG Enterprises Limited has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Rai Gupta | Director | 28 Jun 2010 | 16 Years 4 Months | Current |
| Vinod Gupta Also directs: QRG Investments and Holdings Limited, QRG Finance Limited | Director | 16 Apr 1991 | 35 Years 6 Months | Current |
| Surjit Kumar Gupta | Director | 16 Apr 1991 | 35 Years 6 Months | Current |
| Ameet Kumar Gupta Also directs: Havells India Limited, QRG Investments and Holdings Limited, QRG Finance Limited and 1 more | Director | 09 Oct 2002 | 24 Years 1 Months | Current |
| Anil Rai Gupta Also directs: Havells India Limited, QRG Investments and Holdings Limited, QRG Finance Limited and 1 more | Director | 16 Apr 1991 | 35 Years 6 Months | Current |
Charges & borrowings
Open charges
None
Satisfied charges
₹703.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2017 | 100119040 | Others | ₹100 Cr | Satisfied | |
| 13 Jan 2012 | 10333715 | Canara Bank | ₹35 Cr | Satisfied | |
| 07 Jun 2010 | 10232361 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 22 Dec 2009 | 10196870 | Yes Bank Limited | ₹30 Cr | Satisfied | |
| 30 Jun 2009 | 10169682 | Idbi Bank Limited | ₹9 Cr | Satisfied |
To see the full charge records of QRG Enterprises Limited., buy the company report.
Total charge records: 28 View all charges
Deals & funding
QRG Enterprises Limited. has 6 deals on record (6 secondary share transfers); the latest was in March 2022.
Total deals
6
Secondary share transfers
6
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Arg Family Trust Seller: an individual |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Surjit Gupta (Huf), QRG Healthcare Private Limited , 2 individuals Seller: 4 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: QRG Investments and Holdings Limited Seller: QRG Healthcare Private Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Surjit Gupta (Huf), an individual |
To see the full deal history of QRG Enterprises Limited., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
QRG Enterprises Limited. has 123 court cases on record: 17 filed by QRG Enterprises Limited, 106 filed against it. 5 cases are pending and 118 are disposed.
Total cases
123
Filed by the company
17
Filed against the company
106
Pending
5
Disposed
118
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 103 | 102 | 4 |
| High courts | 16 | 4 | 1 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 123)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against Eland International P.Ltd. &Anr. | Disposed |
| District court, Central, Delhi | Court case (LC) | Filed against the company by Janardan | Disposed |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by individuals | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of QRG Enterprises Limited., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for QRG Enterprises Limited.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
QRG Enterprises Limited has 14 GST registrations: 1 active and 13 cancelled or inactive.
Total GSTINs
14
Active
1
Cancelled / inactive
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACH0011R1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of QRG Enterprises Limited., buy the company report.
Recent activity
QRG Enterprises Limited. has 15 board changes on record since 1991: 5 appointments and 10 cessations. The latest: Sangeeta Rai Gupta ceased to be Whole-Time Director on 22 Oct 2022.
AGM
Qrg Enterprises Limited. last Annual general meeting of members was held on 23 May 2025 as per latest MCA records.
Filing
Qrg Enterprises Limited. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Sangeeta Rai Gupta ceased to be Whole-Time Director.
Ceased
Vinod Gupta ceased to be Whole-Time Director.
Ceased
Surender Tuteja Kumar ceased to be Additional Director.
Charges
A charge registered on 24 Aug 2017 via Charge ID 100119040 with Others was fully satisfied on 27 Sep 2018.
Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100119040 was registered on 24 Aug 2017.
Ceased
Sunil Behari Mathur ceased to be Additional Director.
Ceased
Brahmdutt ceased to be Director.
Charges
A charge registered on 13 Jan 2012 via Charge ID 10333715 with Canara Bank was fully satisfied on 29 Mar 2017.
Ceased
Vikas Gupta ceased to be Company Secretary.
Ceased
Avinash Parkash Gandhi ceased to be Additional Director.
74 earlier events are in the company report.
Frequently asked questions
QRG Enterprises Limited is an active public limited company based in New Delhi, Delhi, India. The company works in real estate financing, within the financial services industry. It was incorporated on 16 April 1991 (35+ years old) and is registered under CIN U31900DL1991PLC456406.
QRG Enterprises Limited has 5 current directors:
- Sangeeta Rai Gupta - Director
- Vinod Gupta - Director
- Surjit Kumar Gupta - Director
- Ameet Kumar Gupta - Director
- Anil Rai Gupta - Director
The latest financial statements of QRG Enterprises Limited on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 May 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of QRG Enterprises Limited is 09AAACH0011R1ZN, registered in Uttar Pradesh. The company has 14 GST registrations in all, of which 1 is active and 13 are cancelled or inactive.
The CIN (Corporate Identification Number) of QRG Enterprises Limited is U31900DL1991PLC456406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QRG Enterprises Limited has 123 court cases on record: 17 filed by the company and 106 filed against it. 5 are pending. Most are in the district courts.
QRG Enterprises Limited was incorporated on 16 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Delhi.
QRG Enterprises Limited has 6 deals on record (6 secondary share transfers); the latest was in March 2022.
Sangeeta Rai Gupta ceased to be Whole-Time Director on 22 Oct 2022. Vinod Gupta ceased to be Whole-Time Director on 22 Oct 2022. Surender Tuteja Kumar ceased to be Additional Director on 25 Jun 2020. QRG Enterprises Limited has 15 board changes on record in total.
The registered office of QRG Enterprises Limited is at 904 9th Floor Surya Kiran Building, K G Marg Connaught Place, New Delhi, Delhi, India – 110001.
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