About Quality Solutions for Information Technology Private Limited
Data last updated:
Quality Solutions for Information Technology Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the corporate training and development segment of the education sector. It was incorporated on 27 June 2002.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2002PTC030694. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹33.75 Lakh.
Its last annual general meeting (AGM) was held on 31 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Unit No. 1101 Andes Block Heritage Estate Doddaballapur Road Yelahanka, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2020, the company reported a revenue of ₹43.75 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹10.73 Lakh (net margin 24.5%) and EBITDA of ₹13.54 Lakh (EBITDA margin 30.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 22% over five years.
The last known website on record is qsitglobal.com.
Company details
Contact details
Quality Solutions for Information Technology Private Limited's registered office is in Bangalore, Karnataka. Its website is qsitglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 1101 Andes Block Heritage Estate Doddaballapur Road Yelahanka, Bangalore, Karnataka, India – 560064
- IndustryEducation, Corporate Training & Development
To see the full contact details of Quality Solutions for Information Technology 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 Quality Solutions for Information Technology is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Quality Solutions for Information Technology Private Limited, buy the company report.
Financials of Quality Solutions for Information Technology Private Limited
FY 2020 filings availableQuality Solutions for Information Technology Private Limited reported revenue of ₹43.75 Lakh (up 19% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA rose 125% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Revenue | ₹43.75 Lakh | ||||
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| EBITDA | ₹13.54 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 30.9% | ||||
| Net Profit Margin | 24.5% | ||||
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To see the full financial statements and ratios of Quality Solutions for Information Technology Private Limited, buy the company report.
Board of directors of Quality Solutions for Information Technology Private Limited
Quality Solutions for Information Technology has 7 former directors on record and no current directors listed.
Auditor
Quality Solutions for Information Technology Private Limited is audited by SOGASANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SOGASANI & CO | FY 2020 | 016578S |
Shareholding
The shareholding of Quality Solutions for Information Technology Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Quality Solutions for Information Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Quality Solutions for Information Technology 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 Quality Solutions for Information Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quality Solutions for Information Technology Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Quality Solutions for Information Technology has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Quality Solutions for Information Technology Private Limited, buy the company report.
Recent activity
Quality Solutions for Information Technology Private Limited has 7 board changes on record since 2012: 0 appointments and 7 cessations. The latest: Dhana Lakshmi Subramani ceased to be Director on 19 Mar 2021.
Frequently asked questions
Quality Solutions for Information Technology has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Quality Solutions for Information Technology was a private limited company based in Bangalore, Karnataka, India. The company worked in corporate training and development, within the education industry. It was incorporated on 27 June 2002 and is registered under CIN U72200KA2002PTC030694. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Quality Solutions for Information Technology is U72200KA2002PTC030694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quality Solutions for Information Technology was incorporated on 27 June 2002. It is registered with the Registrar of Companies, Bangalore.
Quality Solutions for Information Technology can be reached through the website qsitglobal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Quality Solutions for Information Technology is at Unit No. 1101 Andes Block Heritage Estate Doddaballapur Road Yelahanka, Bangalore, Karnataka, India – 560064.
The latest financial statements of Quality Solutions for Information Technology on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 October 2020. Year-wise statements from 2015 are in the company report.
No. Quality Solutions for Information Technology has 1 GST registration on record and it is cancelled or inactive.
Quality Solutions for Information Technology operated in the education industry, in the corporate training and development segment.
Dhana Lakshmi Subramani ceased to be Director on 19 Mar 2021. Suresh Mittal ceased to be Director on 19 Mar 2021. Latha Prasad ceased to be Whole-Time Director on 10 Nov 2017. Quality Solutions for Information Technology has 7 board changes on record in total.