MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0010813
Quetzal Verify Private Limited - business outsourcing in Santacruz East, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.05 Cr
▲ 51% YoY
Net profit · FY 2025
₹2.27 Lakh
Net margin 2.2%
EBITDA · FY 2025
₹9.42 Lakh
EBITDA margin 9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Quetzal Verify Private Limited
Data last updated:
Quetzal Verify Private Limited is a private limited company based in Santacruz East, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 10 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PTC177701. Its GSTIN is 27AAACQ1673J1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Devashish Chakravarty (Managing Director) and Aarti Bhadra Bheda.
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 Santacruz East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹2.27 Lakh (net margin 2.2%) and EBITDA of ₹9.42 Lakh (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 12% over five years.
The company is associated with 2 brands: SalaryNext and Quetzal Verify. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2012.
Quetzal Verify Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0010813). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qverify.com.
Company details
CIN U74900MH2008PTC177701
Registration Number 177701
Incorporation Date 10 January 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0010813
Recognitions & Rankings of Quetzal Verify
Contact details
Quetzal Verify Private Limited's registered office is in Santacruz East, Maharashtra. Its website is qverify.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address91 Springboard Business Hub Private Limited 175 Kagalwala House 2nd Floor Vidyanagari, Marg, Santacruz East, Maharashtra, India – 400098
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Quetzal Verify Private Limited, buy the company report.
Comprehensive company report
Quetzal Verify Private Limited - one report that includes everything
- 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
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Brands
Quetzal Verify operates two associated brands: SalaryNext and Quetzal Verify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers income security, job assistance, and support for employees facing termination. | salarynext.com | |
| Background verification services for professional and personal needs. | quetzal.in |
Business activity
The main business activity of Quetzal Verify is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Quetzal Verify Private Limited, buy the company report.
Financials of Quetzal Verify Private Limited
FY 2025 filings availableQuetzal Verify Private Limited reported revenue of ₹1.05 Cr (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹1.05 Cr ▲ 51%
Net profit · FY 2025
₹2.27 Lakh margin 2.2%
EBITDA · FY 2025
₹9.42 Lakh margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 25%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 107%
3 years · compounded
▲ 36%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 51% growth in the latest year. EBITDA rose 107% 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 | ₹9.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.27 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Quetzal Verify Private Limited, buy the company report.
Board of directors of Quetzal Verify Private Limited
Quetzal Verify has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devashish Chakravarty | Managing Director | 10 Jan 2008 | 18 Years 9 Months | Current |
| Aarti Bhadra Bheda Also directs: Ajt Technologies Private Limited | Director | 20 May 2020 | 6 Years 5 Months | Current |
Auditor
Quetzal Verify Private Limited is audited by NAMITA GAD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAMITA GAD & ASSOCIATES | FY 2023 | 144420 |
Shareholding
The shareholding of Quetzal Verify 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 Quetzal Verify Private Limited, buy the company report.
Deals & funding
Quetzal Verify Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2012.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Quetzal Verify 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 Quetzal Verify Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quetzal Verify has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ1673J1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quetzal Verify Private Limited, buy the company report.
Recent activity
Quetzal Verify Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Neha Bhagawandas Agrawal ceased to be Director on 31 May 2021.
AGM
Quetzal Verify Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Quetzal Verify Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Neha Bhagawandas Agrawal ceased to be Director.
Ceased
Aarti Bhadra Bheda ceased to be Additional Director.
Appointed
Aarti Bhadra Bheda was appointed as Director.
Ceased
Anila Chakravarty Bishwanath ceased to be Director.
Ceased
Pooja Vijay Kamath ceased to be Director.
Ceased
Jayalaxmi Devdutta Chakravarty ceased to be Director.
Ceased
Devashish Chakravarty ceased to be Director.
Ceased
Ashish Tukaram More ceased to be Additional Director.
Ceased
Vineeta Tejpal Singh ceased to be Director.
Ceased
Bhushan Ashok Dabir ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Quetzal Verify is an active private limited company based in Santacruz East, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 10 January 2008 (18+ years old) and is registered under CIN U74900MH2008PTC177701.
Quetzal Verify has 2 current directors:
- Devashish Chakravarty - Managing Director
- Aarti Bhadra Bheda - Director
The latest financial statements of Quetzal Verify 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 Quetzal Verify is 27AAACQ1673J1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Quetzal Verify is U74900MH2008PTC177701. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quetzal Verify was incorporated on 10 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Quetzal Verify has 3 deals on record (3 secondary share transfers); the latest was in March 2012.
Neha Bhagawandas Agrawal ceased to be Director on 31 May 2021. Aarti Bhadra Bheda ceased to be Additional Director on 31 Dec 2020. Aarti Bhadra Bheda was appointed as Director on 20 May 2020. Quetzal Verify has 12 board changes on record in total.
Yes, Quetzal Verify is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0010813).
Quetzal Verify can be reached through the website qverify.com. Its registered office is in Santacruz East, Maharashtra, India.
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