MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0024829
Qsquare Forging Private Limited
Qsquare Forging Private Limited - engineering in Nashik, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.95 Cr
▲ 255% YoY
Net loss · FY 2025
₹21.23 Lakh
Net margin -10.9%
EBITDA · FY 2025
₹20.45 Lakh
EBITDA margin 10.5%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹1.28 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About Qsquare Forging Private Limited
Data last updated:
Qsquare Forging Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 10 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28999MH2020PTC345708. Its GSTIN is 27AAACQ6879Q1ZE (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Vaishnavi Bhushan Harshe and Harshada Kantilal Tisge.
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 Rh1 Nr Pf Office MIDC Satpur, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21.23 Lakh (net margin -10.9%) and EBITDA of ₹20.45 Lakh (EBITDA margin 10.5%).
As per MCA filings, the company has open charges of ₹1.28 Cr on record.
Qsquare Forging Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0024829).
Company details
CIN U28999MH2020PTC345708
Registration Number 345708
Incorporation Date 10 September 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0024829
Key People
Vaishnavi Bhushan Harshe Director Harshada Kantilal Tisge Director Sarang Sheshrao Badge Director Recognitions & Rankings of Qsquare Forging
Contact details
Qsquare Forging Private Limited's registered office is in Nashik, Maharashtra.
- Registered AddressRh1 Nr Pf Office MIDC Satpur, Nashik, Maharashtra, India – 422007
- IndustryEngineering, Metal Foundry & Fabrication Services
Comprehensive company report
Qsquare Forging Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Qsquare Forging is manufacturing. In detail, this covers manufacture of fabricated metal products, except machinery and equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 25 | Manufacture of fabricated metal products, except machinery and equipment |
To see the full business activity and turnover split of Qsquare Forging Private Limited, buy the company report.
Financials of Qsquare Forging Private Limited
FY 2025 filings availableQsquare Forging Private Limited reported revenue of ₹1.95 Cr (up 255% YoY) for FY 2025.
Revenue · FY 2025
₹1.95 Cr ▲ 255%
Net loss · FY 2025
₹21.23 Lakh margin -10.9%
EBITDA · FY 2025
₹20.45 Lakh margin 10.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 255%
EBITDA CAGR growth
1 year
▲ 203%
3 years · compounded
▲ 87%
Revenue rose 255% in the latest year. EBITDA rose 203% 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 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 | ₹20.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.23 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | -10.9% | ||||
| 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 Qsquare Forging Private Limited, buy the company report.
Board of directors of Qsquare Forging Private Limited
Qsquare Forging has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishnavi Bhushan Harshe Also directs: Stratastic Foods LLP, Chawrey Automation Private Limited | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Harshada Kantilal Tisge | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
| Sarang Sheshrao Badge | Director | 10 Sep 2020 | 6 Years 1 Months | Current |
Charges & borrowings
Open charges
₹1.28 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2021 | 100496694 | Others | ₹1.28 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Qsquare Forging 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 Qsquare Forging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qsquare Forging has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ6879Q1ZE | Maharashtra | Active | 04 Mar 2021 |
To see the full GST registrations and return filing status of Qsquare Forging Private Limited, buy the company report.
Recent activity
Qsquare Forging Private Limited has 3 board changes on record since 2020: 3 appointments. The latest: Vaishnavi Bhushan Harshe was appointed as Director on 27 Jul 2021.
AGM
Qsquare Forging Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Qsquare Forging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 128.00 Lakh with Charge ID 100496694 was registered on 11 Oct 2021.
Appointed
Vaishnavi Bhushan Harshe was appointed as Director.
Appointed
Harshada Kantilal Tisge was appointed as Director.
Appointed
Sarang Sheshrao Badge was appointed as Director.
Incorporation
10 Sep 2020
Qsquare Forging Private Limited was registered on 10 Sep 2020 with Roc Mumbai & aged 6 years 2 months as per MCA records.
Frequently asked questions
Qsquare Forging is an active private limited company based in Nashik, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 10 September 2020 (6+ years old) and is registered under CIN U28999MH2020PTC345708.
Qsquare Forging has 3 current directors:
- Vaishnavi Bhushan Harshe - Director
- Harshada Kantilal Tisge - Director
- Sarang Sheshrao Badge - Director
The latest financial statements of Qsquare Forging 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 2021 are in the company report.
The GSTIN of Qsquare Forging is 27AAACQ6879Q1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qsquare Forging is U28999MH2020PTC345708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qsquare Forging was incorporated on 10 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Vaishnavi Bhushan Harshe was appointed as Director on 27 Jul 2021. Harshada Kantilal Tisge was appointed as Director on 10 Sep 2020. Sarang Sheshrao Badge was appointed as Director on 10 Sep 2020.
Yes, Qsquare Forging is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0024829).
The registered office of Qsquare Forging is at Rh1 Nr Pf Office MIDC Satpur, Nashik, Maharashtra, India – 422007.
Qsquare Forging operates in the engineering industry, in the metal foundry and fabrication services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages