About Quasar Innovations Private Limited
Data last updated:
Quasar Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30009KA1999PTC025637. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.5 Cr. It is led by directors including Prabhu Kumar Challagali and Alungoor Munivenkata Sharathchandra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.2 And 2/1 3rd Floor Amm Residency Dr. Marigowda Road Wilson Garden, Bangalore, Karnataka, India – 560027.
The company is associated with 1 brand: Quasar Innovations. As per MCA filings, the company has satisfied charges of ₹13.2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in September 2007.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quasarinnovations.com.
Company details
Contact details
Quasar Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is quasarinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.2 And 2/1 3rd Floor Amm Residency Dr. Marigowda Road Wilson Garden, Bangalore, Karnataka, India – 560027
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Quasar Innovations 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
Quasar Innovations operates one associated brand: Quasar Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Technology services for handset manufacturing and cost reduction in electronics. | quasarinnovations.com |
Financials of Quasar Innovations Private Limited
FY 2024 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Quasar Innovations Private Limited, buy the company report.
Board of directors of Quasar Innovations Private Limited
Quasar Innovations has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondapaturi Shivaram | Additional Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Prabhu Kumar Challagali | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Alungoor Munivenkata Sharathchandra Also directs: Duo Impex Private Limited, Duo Infrastructure Private Limited, Duo Hotels and Resorts Private Limited and 1 more | Director | 31 Jul 2009 | 17 Years 2 Months | Current |
Auditor
Quasar Innovations Private Limited is audited by S R & M R ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R & M R ASSOCIATES | FY 2020 | 008094S |
Shareholding
The shareholding of Quasar Innovations 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 2017 | FY 2016 | FY 2015 |
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To see the full shareholding pattern of Quasar Innovations Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2009 | 10171105 | State Bank of India | ₹11.5 Cr | Satisfied | |
| 08 Oct 2005 | 80051589 | State Bank of India | ₹1.7 Cr | Satisfied |
To see the full charge records of Quasar Innovations Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Quasar Innovations Private Limited has 1 deal on record (1 acquisition); the latest was in September 2007.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2007 | Acquisition | Undisclosed | Buyer: Axon Ventures Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Quasar Innovations Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Quasar Innovations 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 Quasar Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Quasar Innovations Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Quasar Innovations 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 Quasar Innovations Private Limited, buy the company report.
Recent activity
Quasar Innovations Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Kondapaturi Shivaram was appointed as Additional Director on 22 Jul 2024.
6 earlier events are in the company report.
Frequently asked questions
Quasar Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 August 1999 (27+ years old) and is registered under CIN U30009KA1999PTC025637.
Quasar Innovations has 3 current directors:
- Kondapaturi Shivaram - Additional Director
- Prabhu Kumar Challagali - Director
- Alungoor Munivenkata Sharathchandra - Director
The latest financial statements of Quasar Innovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Quasar Innovations has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Quasar Innovations is U30009KA1999PTC025637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quasar Innovations has 3 court cases on record: 3 filed against it.
Quasar Innovations was incorporated on 25 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Quasar Innovations has 1 deal on record (1 acquisition); the latest was in September 2007.
Kondapaturi Shivaram was appointed as Additional Director on 22 Jul 2024. Madhavi Agastyaraju ceased to be Director on 03 May 2019. Prabhu Kumar Challagali was appointed as Director on 20 Sep 2018. Quasar Innovations has 11 board changes on record in total.
Quasar Innovations can be reached through the website quasarinnovations.com. Its registered office is in Bangalore, Karnataka, India.