Startup India Government of India
Quickspace Technologies F1 Works Private Limited - infrastructure and utilities in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.91 Cr
▼ 37% YoY
Net loss · FY 2023
₹1.26 Cr
Net margin -25.7%
EBITDA · FY 2023
-₹4.31 Lakh
EBITDA margin -0.9%
Authorised capital
₹10.1 Cr
Registered with MCA
Paid-up capital
₹10.1 Cr
Issued & subscribed
Open charges
₹81.17 Cr
Satisfied ₹3.68 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
72
Provident fund records
About Quickspace Technologies F1 Works Private Limited
Data last updated:
Quickspace Technologies F1 Works Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Quickspace Ventures Private Limited and recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 17 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC308136. Its GSTIN is 27AAACQ5343B1ZS (Maharashtra).
The company has an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹10.1 Cr. It is led by director Sandesh Rane.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 1107 Rupa Solitaire Millenium Business Sector 1 Mahape, Navi Mumbai, Maharashtra, India – 400710.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.91 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹1.26 Cr (net margin -25.7%) and EBITDA of -₹4.31 Lakh (EBITDA margin -0.9%). Revenue has grown at a compounded annual rate (CAGR) of 136% over three years.
The company has about 72 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹81.17 Cr and satisfied charges of ₹3.68 Cr on record. Court records list 9 cases involving the company, including 9 filed against it; 7 cases are pending.
Quickspace Technologies F1 Works Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0164892). For more details, the company can be reached via its website quickspaceindustries.com.
Company details
CIN U74999MH2018PTC308136
Registration Number 308136
Incorporation Date 17 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Parent Company Quickspace Ventures Private Limited
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0164892
Key People
Sandesh Rane Director Recognitions & Rankings of Quickspace Technologies F1 Works
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0164892
Contact details
Quickspace Technologies F1 Works Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is quickspaceindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1107 Rupa Solitaire Millenium Business Sector 1 Mahape, Navi Mumbai, Maharashtra, India – 400710
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Quickspace Technologies F1 Works Private Limited, buy the company report.
Comprehensive company report
Quickspace Technologies F1 Works 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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Business activity
The main business activity of Quickspace Technologies F1 Works is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Quickspace Technologies F1 Works Private Limited, buy the company report.
Financials of Quickspace Technologies F1 Works Private Limited
FY 2023 filings availableQuickspace Technologies F1 Works Private Limited reported revenue of ₹4.91 Cr (down 37% YoY) for FY 2023.
Revenue · FY 2023
₹4.91 Cr ▼ 37%
Net loss · FY 2023
₹1.26 Cr margin -25.7%
EBITDA · FY 2023
-₹4.31 Lakh margin -0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▲ 136%
EBITDA CAGR growth
1 year
▼ 110%
3 years · compounded
▲ 35%
Revenue fell 37% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 136%. EBITDA fell 110% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.26 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -25.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Quickspace Technologies F1 Works Private Limited, buy the company report.
Board of directors of Quickspace Technologies F1 Works Private Limited
Quickspace Technologies F1 Works has 1 current director and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandesh Rane | Director | 17 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Quickspace Technologies F1 Works Private Limited is audited by PRACHETA DESHMUKH & ASSOCIATE for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRACHETA DESHMUKH & ASSOCIATE | FY 2023 | 135471W |
Shareholding
The shareholding of Quickspace Technologies F1 Works 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 Quickspace Technologies F1 Works Private Limited, buy the company report.
Charges & borrowings
Open charges
₹81.17 Cr
Satisfied charges
₹3.68 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2024 | 100938225 | Others | ₹50 Lakh | Open | |
| 29 May 2023 | 100733236 | Others | ₹51 Cr | Open | |
| 21 Dec 2020 | 100399657 | Others | ₹8 Lakh | Open | |
| 11 Nov 2020 | 100396713 | Others | ₹29.52 Cr | Open | |
| 27 Jun 2019 | 100276815 | Others | ₹6.96 Lakh | Open |
To see the full charge records of Quickspace Technologies F1 Works Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Quickspace Technologies F1 Works Private Limited has 9 court cases on record: 9 filed against it. 7 cases are pending and 2 are disposed.
Total cases
9
Filed against the company
9
Pending
7
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 7 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Ceinsys Tech Ltd., Through Its Executive Product Ashwin Wamanrao Kharabe, | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by Janata Sahakari Bank Ltd. Pune Through Mr. Ravindra Limaye | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Quickspace Technologies F1 Works 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
Quickspace Technologies F1 Works Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Cmentor Infra LLP | |||
| Pentagon El - Mech Solutions Private Limited |
To see the full MSME payment records of Quickspace Technologies F1 Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Quickspace Technologies F1 Works Private Limited has a workforce of 72 employees on its EPFO records as of Nov 27, 2024, across 1 active EPFO establishment.
Employee count
72
Active EPFO establishments
1
Employee growth
350%
GST
Quickspace Technologies F1 Works has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ5343B1ZS | Maharashtra | Active | 23 Aug 2018 |
To see the full GST registrations and return filing status of Quickspace Technologies F1 Works Private Limited, buy the company report.
Recent activity
Quickspace Technologies F1 Works Private Limited has 15 board changes on record since 2018: 8 appointments and 7 cessations. The latest: Champalal Premlal Shahu ceased to be Director on 21 Jan 2025.
Ceased
Champalal Premlal Shahu ceased to be Director.
Appointed
Champalal Premlal Shahu was appointed as Director.
Ceased
Sachin Rane ceased to be Director.
Ceased
Manoj Mahadev Angre ceased to be Director.
Ceased
Siddheshwar Narayan Kharatmal ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100938225 was registered on 30 May 2024.
Appointed
Siddheshwar Narayan Kharatmal was appointed as Additional Director.
AGM
Quickspace Technologies F1 Works Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 51.00 Cr with Charge ID 100733236 was registered on 29 May 2023.
Filing
Quickspace Technologies F1 Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Ceased
Dilip Prabhakar Khandekar ceased to be Director.
Ceased
Shyam Shankar Jedhe ceased to be Director.
17 earlier events are in the company report.
Frequently asked questions
Quickspace Technologies F1 Works is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 17 April 2018 (8+ years old) and is registered under CIN U74999MH2018PTC308136.
Quickspace Technologies F1 Works has 1 current director:
- Sandesh Rane - Director
The latest financial statements of Quickspace Technologies F1 Works on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Quickspace Technologies F1 Works is 27AAACQ5343B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Quickspace Technologies F1 Works is U74999MH2018PTC308136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quickspace Technologies F1 Works has 9 court cases on record: 9 filed against it. 7 are pending. Most are in the district courts.
Quickspace Technologies F1 Works was incorporated on 17 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Champalal Premlal Shahu ceased to be Director on 21 Jan 2025. Champalal Premlal Shahu was appointed as Director on 27 Nov 2024. Sachin Rane ceased to be Director on 18 Nov 2024. Quickspace Technologies F1 Works has 15 board changes on record in total.
Yes, Quickspace Technologies F1 Works is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Quickspace Technologies F1 Works is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0164892).
Quickspace Technologies F1 Works has 5 MSME Form 1 returns on record between 2020 and 2023, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Aug 2023.