- Category
- Small (2024-25)
- Udyam number
- UDYAM-AP-10-0001252

About Quantsolar Technologies Private Limited
Data last updated:
Quantsolar Technologies Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2016PTC216281. Its GSTIN is 19AAACQ4317K1ZA (West Bengal). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.72 Cr. It is led by directors including Pankaj Kumar Sinha (Whole-Time Director) and Siddhant Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 5 Ellora Market 2 Sourin Road Behala Tram Depot, Kolkata, West Bengal, India – 700034.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.46 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Cr (net margin 10.7%) and EBITDA of ₹9.13 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years and 49% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QuantSolar. As per MCA filings, the company has open charges of ₹35.36 Cr and satisfied charges of ₹3.51 Cr on record. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024.
Quantsolar Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0001252). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quantsolar.com.
Recognitions & Rankings of Quantsolar Technologies
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 5 Ellora Market 2 Sourin Road Behala Tram Depot, Kolkata, West Bengal, India – 700034
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
Quantsolar Technologies operates one associated brand: QuantSolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects are developed by QuantSolar in India. | quantsolar.com |
Business Activity
The main business activity of Quantsolar Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical 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
Financials of Quantsolar Technologies Private Limited
FY 2024 filings availableQuantsolar Technologies Private Limited reported revenue of ₹62.46 Cr (up 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 81% growth in the latest year. EBITDA rose 95% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | ₹9.13 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹6.66 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 14.6% | |
| Net Profit Margin | 10.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, 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 Quantsolar Technologies are in the company report.
: available in the company report
Board of Directors of Quantsolar Technologies Private Limited
Quantsolar Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Sinha Also directs: Appliedc6 Technologies Private Limited | Whole-Time Director | 21 Apr 2017 | 9 Years 6 Months | Current |
| Siddhant Agarwal Also directs: Appliedc6 Technologies Private Limited | Whole-Time Director | 21 Apr 2017 | 9 Years 6 Months | Current |
| Pankaj Biswas | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Auditor Details
Quantsolar Technologies Private Limited is audited by Bukari and Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bukari and Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2025 | Hdfc Bank Limited | ₹10 Cr | Open |
| 20 Sep 2023 | Others | ₹20.86 Lakh | Open |
| 22 Sep 2022 | Others | ₹15.5 Lakh | Open |
| 20 Feb 2021 | Others | ₹25 Cr | Open |
| 19 Jul 2025 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding
Quantsolar Technologies Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Sun Power & Consultants Private Limited, 3 individuals Seller: 2 individuals |
| Nov 2022 | Funding round | ₹2.02 Cr | Investors: 4 individuals |
| Apr 2022 | Funding round | ₹2.85 Cr | Investors: Antrish Inc, Sun Power & Consultants Private Limited, an individual |
| Feb 2022 | Funding round | ₹1.44 Cr | Investors: 4 individuals |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance
Quantsolar Technologies Private Limited has a workforce of 56 employees as of Aug 03, 2024.
: available in the company report
Recent Activity
Quantsolar Technologies Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Devendra Kumar Sinha ceased to be Director on 01 Jan 2018.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Quantsolar Technologies has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACQ4317K1ZA | West Bengal | Active | 24 Jul 2017 |
| 37AAACQ4317K1ZC | Andhra Pradesh | Active | 28 Jan 2018 |
| 36AAACQ4317K1ZE | Telangana | Active | 04 Sep 2022 |
| 35AAACQ4317K1ZG | Andaman and Nicobar Islands | Active | 09 Nov 2022 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Quantsolar Technologies is an active private limited company based in Kolkata, West Bengal, India. The company works in power epc, within the energy and power industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under CIN U74999WB2016PTC216281.
Quantsolar Technologies has 3 current directors:
- Pankaj Kumar Sinha - Whole-Time Director
- Siddhant Agarwal - Whole-Time Director
- Pankaj Biswas - Director
The latest financial statements of Quantsolar Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Quantsolar Technologies is 19AAACQ4317K1ZA, registered in West Bengal. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAACQ4317K1ZC (Andhra Pradesh), 36AAACQ4317K1ZE (Telangana), 35AAACQ4317K1ZG (Andaman and Nicobar Islands).
The CIN (Corporate Identification Number) of Quantsolar Technologies is U74999WB2016PTC216281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quantsolar Technologies was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
Quantsolar Technologies has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024.
Devendra Kumar Sinha ceased to be Director on 01 Jan 2018. Hiralal Agarwal ceased to be Director on 01 Jan 2018. Pankaj Biswas ceased to be Additional Director on 25 Sep 2017. Quantsolar Technologies has 8 board changes on record in total.
Yes, Quantsolar Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-AP-10-0001252).
Quantsolar Technologies can be reached through the website quantsolar.com. Its registered office is in Kolkata, West Bengal, India.