Quest Coworks Private Limited

Quest Coworks Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2013PTC250225 Incorporated 20 November 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services
Data last updated
Revenue · FY 2024
₹21.87 Cr
▲ 33% YoY
Net profit · FY 2024
₹6.01 Cr
Net margin 27.5%
EBITDA · FY 2024
₹9.44 Cr
EBITDA margin 43.2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹16.95 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Employees · EPFO
22
Provident fund records

About Quest Coworks Private Limited

Data last updated:

Quest Coworks Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 20 November 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2013PTC250225. Its GSTIN is 27AAHCP6300N2Z5 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Platinum Aviation Private Limited. It is led by directors Prasad Nandkumar Shinde and Suchitra Sandesh Pawar.

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 Technopolis Knowledge Park, Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹21.87 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹6.01 Cr (net margin 27.5%) and EBITDA of ₹9.44 Cr (EBITDA margin 43.2%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 717% over five years.

The company has about 22 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Quest Coworks. As per MCA filings, the company has open charges of ₹16.95 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 4 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website questcoworks.in.

Company Details of Quest Coworks Private Limited
CIN U74110MH2013PTC250225
Registration Number 250225
Incorporation Date 20 November 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    5th Floor 5B. Technopolis Knowledge Park Mahakali Caves Road Nr Udyog Bhavan Chakala Andh, Eri (E), Mumbai, Maharashtra, India – 400093
  • Industry
    Financial Services, Real Estate Financing
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Financials, compliance, directors, charges, ownership and filings for Quest Coworks Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Quest Coworks Private Limited

The main business activity of Quest Coworks is real estate. In detail, this covers real estate activities with own or leased property.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
LReal EstateL1Real estate activities with own or leased propertyLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Quest Coworks Private Limited FY 2024 filings available

Quest Coworks Private Limited reported revenue of ₹21.87 Cr (up 33% YoY) for FY 2024.

Revenue · FY 2024
₹21.87 Cr ▲ 33%
Net profit · FY 2024
₹6.01 Cr margin 27.5%
EBITDA · FY 2024
₹9.44 Cr margin 43.2%

Compounded Annual Growth Rate (CAGR) of Quest Coworks Private Limited

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 62%
5 years · compounded
▲ 717%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 58%
5 years · compounded
▲ 723%

Revenue has grown at a compounded annual rate (CAGR) of 717% over five years, including 33% growth in the latest year. EBITDA rose 53% 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 of Quest Coworks Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹9.44 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹6.01 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 of Quest Coworks Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin43.2%••••••••••••••••
Net Profit Margin27.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots 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 Quest Coworks are in the company report.

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Financial statements from 2015

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Peer Comparison of Quest Coworks Private Limited

Quest Coworks Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Invor Buildtech Private Limited₹22.19 Cr (FY 2025)••••••••46.0%••••New Delhi, Delhi, India
Firstspace Development Management Private Limited₹22.18 Cr (FY 2025)••••••••50.0%••••Mumbai, Maharashtra, India
Maniam Properties Pvt Ltd₹22.16 Cr (FY 2025)••••••••11.0%••••Kolkata, West Bengal, India
M. S. Luvish Info Systems Private Limited₹22.11 Cr (FY 2025)••••••••1.0%••••Mumbai, Maharashtra, India
Brilliant Spaces Limited₹21.88 Cr (FY 2022)••••••••23.0%••••Indore, Madhya Pradesh, India
Quest Coworks Private Limited this company₹21.87 Cr (FY 2024)••••••••33.0%••••Mumbai, Maharashtra, India
M.M.G.Holdings Private Limited₹21.81 Cr (FY 2025)••••••••-4.0%••••Chennai, Tamil Nadu, India
Ceedeeyes IT Parks Private Limited₹21.79 Cr (FY 2025)••••••••7.0%••••Chennai, Tamil Nadu, India
E Complex Private Limited₹21.73 Cr (FY 2020)••••••••17.0%••••Ahmedabad, Gujarat, India
Hilite Business Park Private Limited₹21.72 Cr (FY 2024)••••••••52.0%••••Kozhikode, Kerala, India
Chengalpattu Logistics Parks Private Limited₹21.58 Cr (FY 2023)••••••••57.0%••••Thiruvallur, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Quest Coworks by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Quest Coworks Private Limited

Quest Coworks Private Limited is audited by RANJIT SINGH BINDRA for the financial year 2023.

NameStatusAppointment DateCessation Date
RANJIT SINGH BINDRALockedLockedLocked
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Board of Directors of Quest Coworks Private Limited

Quest Coworks has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prasad Nandkumar ShindeDirector20 Nov 201312 Years 10 MonthsCurrent
Suchitra Sandesh PawarDirector05 Apr 20224 Years 6 MonthsCurrent

Ownership and Shareholding of Quest Coworks Private Limited

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Charges & Borrowings of Quest Coworks Private Limited

Open charges
₹16.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹16.95 Cr
Latest charge details
DateLenderAmountStatus
16 Feb 2024Others₹16.95 CrOpen

Total charge records: 1 View all charges

Associated Brands with Quest Coworks Private Limited

Quest Coworks operates one associated brand: Quest Coworks. Each brand links to its own profile.

BrandDescriptionWebsite
Provision of coworking, office spaces, and related services in Mumbai.questcoworks.in

Employees and EPFO Compliance at Quest Coworks Private Limited

Quest Coworks Private Limited has a workforce of 22 employees as of Apr 04, 2024.

Employee count
22
Active EPFO establishments
1
Employee growth
15.79%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Name History of Quest Coworks Private Limited

Quest Coworks has undergone 3 name changes throughout its history. The company was previously known as Quest Coworks Private Limited, Platinum Aviation Private Limited, and Platinum Quest Coworks Private Limited. The current legal name is Quest Coworks Private Limited.

Company NameStatus
Quest Coworks Private LimitedCurrent
Platinum Aviation Private LimitedPrevious
Platinum Quest Coworks Private LimitedPrevious

CIN History of Quest Coworks Private Limited

Quest Coworks has one previous CIN (Corporate Identification Number): U62200MH2013PTC250225. The current CIN is U74110MH2013PTC250225, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2013PTC250225Current
U62200MH2013PTC250225Previous

Recent Activity on Quest Coworks Private Limited

Quest Coworks Private Limited has 3 board changes on record since 2013: 2 appointments and 1 cessation. The latest: Sagar Nandkumar Shinde ceased to be Director on 06 Apr 2022.

AGM
Quest Coworks Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Quest Coworks Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 16.95 Cr with Charge ID 100871413 was registered on 16 Feb 2024.
Ceased
Sagar Nandkumar Shinde ceased to be Director.
Appointed
Suchitra Sandesh Pawar was appointed as Director.
Appointed
Prasad Nandkumar Shinde was appointed as Director.
Incorporation
20 Nov 2013
Quest Coworks Private Limited was registered on 20 Nov 2013 with Roc Mumbai & aged 12 years 10 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Quest Coworks Private Limited

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MSME Payment Delays by Quest Coworks Private Limited

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Subsidiaries & Group Companies of Quest Coworks Private Limited

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GST Compliance of Quest Coworks Private Limited

Quest Coworks has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAHCP6300N2Z5MaharashtraActive03 Oct 2018
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MCA Filings & Documents of Quest Coworks Private Limited

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Frequently Asked Questions about Quest Coworks Private Limited

Quest Coworks is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 20 November 2013 (13+ years old) and is registered under CIN U74110MH2013PTC250225.

Quest Coworks reported revenue of ₹21.87 Cr for FY 2024 (up 33% YoY).

Quest Coworks has 2 current directors:

Quest Coworks reported a net profit of ₹6.01 Cr (net margin 27.5%) and EBITDA of ₹9.44 Cr (EBITDA margin 43.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Quest Coworks is 62% over three years and 717% over five years. In the latest year (FY 2024) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Quest Coworks is 27AAHCP6300N2Z5, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Quest Coworks is U74110MH2013PTC250225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Quest Coworks has 8 court cases on record: 6 filed by the company and 2 filed against it. 4 are pending. Most are in the high courts.

Quest Coworks was incorporated on 20 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Quest Coworks by revenue are Invor Buildtech Private Limited, Firstspace Development Management Private Limited, Maniam Properties Pvt Ltd, M. S. Luvish Info Systems Private Limited, Brilliant Spaces Limited and 5 more, all in the BFSI industry (Real Estate Leasing).

Sagar Nandkumar Shinde ceased to be Director on 06 Apr 2022. Suchitra Sandesh Pawar was appointed as Director on 05 Apr 2022. Prasad Nandkumar Shinde was appointed as Director on 20 Nov 2013.

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