
About Quarkcity India Private Limited
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Quarkcity India Private Limited is a private limited company based in Mohali, Punjab, India, a subsidiary of F.E.Holdings Mauritius Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U70100PB2003PTC026502. Its GSTIN is 03AAACQ1134G8ZW (Punjab). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹225 Cr and a paid-up capital of ₹192.47 Cr. It was formerly known as F. I. Associates Private Limited. It is led by directors including Sumeet Sood and Farhad Fred Ebrahimi.
Its last annual general meeting (AGM) was held on 02 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 40A Industrial Area Phase VIII Extn., Mohali, Punjab, India – 160071.
As per the financials filed for FY 2025, the company reported a revenue of ₹91.08 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹27.98 Cr (net margin 30.7%) and EBITDA of ₹55.28 Cr (EBITDA margin 60.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Quarkcity India. As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹22 Cr on record. Court records list 22 cases involving the company, including 17 filed by the company and 5 filed against it; 5 cases are pending. The company has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹186.38 Cr; the latest was in July 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quarkcity.com.
Company details
Contact details
Quarkcity India Private Limited's registered office is in Mohali, Punjab. Its website is quarkcity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 40A Industrial Area Phase VIII Extn., Mohali, Punjab, India – 160071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Quarkcity India 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
Brands
Quarkcity India operates one associated brand: Quarkcity India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | quarkcity.com |
Business activity
The main business activities of Quarkcity India are accommodation and food service and real estate. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc. and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Quarkcity India Private Limited, buy the company report.
Financials of Quarkcity India Private Limited
FY 2025 filings availableQuarkcity India Private Limited reported revenue of ₹91.08 Cr (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 38% 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 |
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| EBITDA | ₹55.28 Cr | ||||
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| Net Profit (PAT) | ₹27.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 60.7% | ||||
| Net Profit Margin | 30.7% | ||||
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To see the full financial statements and ratios of Quarkcity India Private Limited, buy the company report.
Board of directors of Quarkcity India Private Limited
Quarkcity India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Sood Also directs: Taj Mercantile Private Limited, Radius Exim Private Limited, Arrow Mercantile Private Limited and 5 more | Director | 14 Oct 2014 | 12 Years 0 Months | Current |
| Farhad Fred Ebrahimi Also directs: Quarkcity Medtech Private Limited, Viewray Systems India Private Limited, Quarkcity Energy Private Limited and 5 more | Director | 03 Nov 2003 | 23 Years 0 Months | Current |
| Bradford C Nelson Also directs: Quarkcity Medtech Private Limited, Viewray Systems India Private Limited, Quarkcity Energy Private Limited and 5 more | Director | 17 Nov 2006 | 19 Years 11 Months | Current |
Auditor
Quarkcity India Private Limited is audited by S M A M & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M A M & CO | FY 2023 | 028845C |
Shareholding
The shareholding of Quarkcity India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Quarkcity India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2020 | 100366452 | Others | ₹4.5 Cr | Open | |
| 15 Jul 2021 | 100462660 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Satisfied | |
| 19 Feb 2007 | 10042636 | State Bank of India | ₹20 Cr | Satisfied |
To see the full charge records of Quarkcity India Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Quarkcity India Private Limited has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹186.38 Cr; the latest was in July 2011.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2011 | Funding round | ₹38.84 Cr | Investors: Fe Holdings Mauritius Limited |
| Sep 2009 | Funding round | ₹76.51 Cr | Investors: Fe Holdings Mauritius Limited |
| Feb 2008 | Funding round | ₹69.25 Cr | Investors: Fe Holdings Mauritius Limited |
| Oct 2007 | Funding round | ₹1.79 Cr | Investors: Fe Holdings Mauritius Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Fe Holdings Mauritius Limited, an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quarkcity India Private Limited has 22 court cases on record: 17 filed by Quarkcity India, 5 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 2 | 4 |
| High courts | 7 | 3 | 1 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Appeal | Filed by the company against Ms Radiant Maritime India Pvt Ltd and 1 other | Pending |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Radiant Maritime India Pvt Ltd and 1 other | Pending |
| District court, Fatehgarh Sahib, Punjab | Appeal | Filed by the company against Ms Impression Securities Pvt. Ltd. and 1 other | Disposed |
| High Court, CHANDIGARH (UT) | Company petition | Filed against the company by Express Transport Pvt. Ltd. | Disposed |
| District court, SAS Nagar, Punjab | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Quarkcity India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Quarkcity India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quarkcity India Private Limited has a workforce of 55 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Quarkcity India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACQ1134G8ZW | Punjab | Active | 28 Jul 2017 |
| 03AAACQ1134G9ZV | Punjab | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of Quarkcity India Private Limited, buy the company report.
Recent activity
Quarkcity India Private Limited has 10 board changes on record since 2003: 4 appointments and 6 cessations. The latest: Sumeet Sood ceased to be Additional Director on 17 Sep 2015.
7 earlier events are in the company report.
Frequently asked questions
Quarkcity India is an active private limited company based in Mohali, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 October 2003 (23+ years old) and is registered under CIN U70100PB2003PTC026502.
Quarkcity India has 3 current directors:
- Sumeet Sood - Director
- Farhad Fred Ebrahimi - Director
- Bradford C Nelson - Director
The latest financial statements of Quarkcity India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Quarkcity India is 03AAACQ1134G8ZW, registered in Punjab. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAACQ1134G9ZV (Punjab).
The CIN (Corporate Identification Number) of Quarkcity India is U70100PB2003PTC026502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quarkcity India has 22 court cases on record: 17 filed by the company and 5 filed against it. 5 are pending. Most are in the district courts.
Quarkcity India was incorporated on 31 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
Quarkcity India has 5 deals on record (4 funding rounds, 1 secondary share transfer), with disclosed funding of ₹186.38 Cr; the latest was in July 2011.
Sumeet Sood ceased to be Additional Director on 17 Sep 2015. Mary Wilkie Ebrahimi ceased to be Director on 11 Feb 2015. Sumeet Sood was appointed as Director on 14 Oct 2014. Quarkcity India has 10 board changes on record in total.
Quarkcity India can be reached through the website quarkcity.com. Its registered office is in Mohali, Punjab, India.

