About Qualnex-G Venture Private Limited
Data last updated:
Qualnex-G Venture Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 07 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2010PTC198646. Its GSTIN is 27AAACQ2104N1ZI (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jyoti Nemish Sheth and Mahek Nemish Sheth.
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 804 Rashmi Sadhna Dahanukar Wadi Mahavir Nagar Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.23 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹91.72 Lakh (net margin 7.5%) and EBITDA of ₹1.76 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 466% over three years and 525% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asonaindia.com.
Company details
Contact details
Qualnex-G Venture Private Limited's registered office is in Mumbai, Maharashtra. Its website is asonaindia.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address804 Rashmi Sadhna Dahanukar Wadi Mahavir Nagar Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Qualnex-G Venture 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
Financials of Qualnex-G Venture Private Limited
FY 2025 filings availableQualnex-G Venture Private Limited reported revenue of ₹12.23 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 525% over five years, including 23% growth in the latest year. EBITDA rose 61% 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 | ₹1.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91.72 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 | 14.4% | ||||
| Net Profit Margin | 7.5% | ||||
| 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 Qualnex-G Venture Private Limited, buy the company report.
Board of directors of Qualnex-G Venture Private Limited
Qualnex-G Venture has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Nemish Sheth Also directs: Asona India Private Limited | Director | 07 Jan 2010 | 16 Years 10 Months | Current |
| Mahek Nemish Sheth Also directs: Asona India Private Limited | Director | 31 Jan 2017 | 9 Years 9 Months | Current |
| Nemish Dhanvantrai Sheth | Director | 07 Jan 2010 | 16 Years 10 Months | Current |
| Harshil Sheth Nemish Also directs: Asona India Private Limited | Director | 07 Jan 2010 | 16 Years 10 Months | Current |
Auditor
Qualnex-G Venture Private Limited is audited by K M SHAH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M SHAH & ASSOCIATES | FY 2019 | 109636W |
Shareholding
The shareholding of Qualnex-G Venture Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qualnex-G Venture Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Qualnex-G Venture 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 Qualnex-G Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Qualnex-G Venture has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Asona India Private Limited | U74130MH2005PTC158519 |
To see the full group structure of Qualnex-G Venture Private Limited, buy the company report.
GST
Qualnex-G Venture has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ2104N1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qualnex-G Venture Private Limited, buy the company report.
Recent activity
Qualnex-G Venture Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Mahek Nemish Sheth was appointed as Director on 31 Jan 2017.
Frequently asked questions
Qualnex-G Venture is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 07 January 2010 (16+ years old) and is registered under CIN U74999MH2010PTC198646.
Qualnex-G Venture has 4 current directors:
- Jyoti Nemish Sheth - Director
- Mahek Nemish Sheth - Director
- Nemish Dhanvantrai Sheth - Director
- Harshil Sheth Nemish - Director
The latest financial statements of Qualnex-G Venture 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 2015 are in the company report.
The GSTIN of Qualnex-G Venture is 27AAACQ2104N1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Qualnex-G Venture is U74999MH2010PTC198646. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qualnex-G Venture was incorporated on 07 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahek Nemish Sheth was appointed as Director on 31 Jan 2017. Harshil Sheth Nemish was appointed as Director on 07 Jan 2010. Jyoti Nemish Sheth was appointed as Director on 07 Jan 2010. Qualnex-G Venture has 4 board changes on record in total.
Qualnex-G Venture can be reached through the website asonaindia.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Qualnex-G Venture is at 804 Rashmi Sadhna Dahanukar Wadi Mahavir Nagar Kandivali West, Mumbai, Maharashtra, India – 400067.
Qualnex-G Venture operates in the trading industry, in the wholesale 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.
