About Quality Application Solutions Private Limited
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Quality Application Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mitchville Enterprises Limited. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 25 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC115512. Its GSTIN is 27AABCA3829K1ZL (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹51.89 Lakh. It was formerly known as Appco Marketing (India) Private Limited. It is led by directors including Maganlal Laljibhai Gajera and Ajay Anil Dhruva.
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 3rd Floor B Wing Interface Building No.16 Mindspace Link Road Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.6 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 7.6%) and EBITDA of ₹1.47 Cr (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 34% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QASpl.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qaspl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor B Wing Interface Building No.16 Mindspace Link Road Malad West, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, General Insurance Providers
- 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
- One PDF report, delivered after checkout
Associated Brands with Quality Application Solutions Private Limited
Quality Application Solutions operates one associated brand: QASpl. Each brand links to its own profile.
Competitors & Alternatives of Quality Application Solutions Private Limited
Brands and companies operating in the same space as Quality Application Solutions Private Limited include S⁴Capital, Townsquare Media, Tinuiti and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 S⁴Capital | Digital advertising and content marketing services are provided globally. | London, United Kingdom | 2014 |
 Townsquare Media | Media Company focused on radio broadcasting, live events, marketing solutions | Greenwich, United States | 2010 |
 Tinuiti | Digital marketing services including paid search and e-commerce are provided. | New York, United States | 2004 |
 Prophet | Brand and marketing consulting solutions provider | San Francisco, United States | 1992 |
 Advantage Solutions | Consumer packaged goods sales and digital marketing services are provided. | Irvine, United States | 1987 |
 Media.Monks | Digital marketing, advertising, and IT services are provided globally. | Hilversum, Netherlands | 2001 |
 Amdocs | Cloud-based OSS and BSS solutions are provided to communications providers. | Chesterfield, United States | 1982 |
 Weimob | WeChat-based retail, marketing, and CRM solutions are provided to merchants. | Shanghai, China | 2013 |
Business Activity of Quality Application Solutions Private Limited
The main business activities of Quality Application Solutions are support service to organizations and financial and insurance service. In detail, this covers other support services to organizations and other financial activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Auditor Details of Quality Application Solutions Private Limited
Quality Application Solutions Private Limited is audited by A P & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A P & 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 Quality Application Solutions Private Limited
Quality Application Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maganlal Laljibhai Gajera Also directs: Spirie Marketing Solutions Private Limited | Director | 25 Sep 2017 | 9 Years 0 Months | Current |
| Ajay Anil Dhruva | Director | 29 Sep 2016 | 10 Years 0 Months | Current |
| Yogitha Kotary Also directs: Spirie Marketing Solutions Private Limited | Director | 22 Dec 2016 | 9 Years 9 Months | Current |
Financials of Quality Application Solutions Private Limited FY 2025 filings available
Quality Application Solutions Private Limited reported revenue of ₹13.6 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quality Application Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 27% fall in the latest year. EBITDA fell 44% 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 Quality Application Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | ₹1.47 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.03 Cr | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Quality Application Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
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| 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 Quality Application Solutions are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Quality Application Solutions 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 Quality Application Solutions Private Limited
Quality Application Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quality Application Solutions Private Limited
Quality Application Solutions Private Limited has a workforce of 16 employees as of Apr 09, 2024.
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.
GST Compliance of Quality Application Solutions Private Limited
Quality Application Solutions has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA3829K1ZL | Maharashtra | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Quality Application Solutions 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 Quality Application Solutions 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 Quality Application Solutions 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.
MCA Filings & Documents of Quality Application Solutions 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.
Recent Activity on Quality Application Solutions Private Limited
Frequently Asked Questions about Quality Application Solutions Private Limited
Quality Application Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 25 June 1998 (28+ years old) and is registered under CIN U51900MH1998PTC115512.
Quality Application Solutions reported revenue of ₹13.6 Cr for FY 2025 (down 27% YoY).
Quality Application Solutions has 3 current directors:
- Maganlal Laljibhai Gajera - Director
- Ajay Anil Dhruva - Director
- Yogitha Kotary - Director
Quality Application Solutions reported a net profit of ₹1.03 Cr (net margin 7.6%) and EBITDA of ₹1.47 Cr (EBITDA margin 10.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quality Application Solutions is -16% over three years and -34% over five years. In the latest year (FY 2025) revenue fell 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quality Application Solutions is 27AABCA3829K1ZL, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Quality Application Solutions is U51900MH1998PTC115512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Application Solutions was incorporated on 25 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Quality Application Solutions can be reached through the website qaspl.com. Its registered office is in Mumbai, Maharashtra, India.