About Quiits Technologies Private Limited
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Quiits Technologies Private Limited is a private limited company based in Kollam, Kerala, India. It operates in the consultancy services segment of the technology and IT services sector. It was incorporated on 01 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2010PTC026823. Its GSTIN is 32AAACQ2322E1Z6 (Kerala).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Lali Jamal and Abdul Rahim.
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 Shammy Manzil Behind Partha Theatre Kilikolloor P.O., Kollam, Kerala, India – 691004.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.84 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹28.87 Lakh (net margin -153.3%) and EBITDA of -₹23.01 Lakh (EBITDA margin -122.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹17.75 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quiits.com.
Company details
Contact details
Quiits Technologies Private Limited's registered office is in Kollam, Kerala. Its website is quiits.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShammy Manzil Behind Partha Theatre Kilikolloor P.O., Kollam, Kerala, India – 691004
- IndustryInformation Technology, Consultancy, Computer Programming
To see the full contact details of Quiits Technologies 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
Business activity
The main business activity of Quiits Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Quiits Technologies Private Limited, buy the company report.
Financials of Quiits Technologies Private Limited
FY 2024 filings availableQuiits Technologies Private Limited reported revenue of ₹18.84 Lakh (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 57% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹23.01 Lakh | ||||
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| Net Profit (PAT) | -₹28.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -122.2% | ||||
| Net Profit Margin | -153.3% | ||||
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To see the full financial statements and ratios of Quiits Technologies Private Limited, buy the company report.
Board of directors of Quiits Technologies Private Limited
Quiits Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lali Jamal | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Abdul Rahim | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
| Shammy Rahim | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Ebrahimkutty Jamaludeen | Director | 02 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Quiits Technologies Private Limited is compared with the 4 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Buceit Ventures Private Limited | ₹18.85 Lakh (FY 2024) | 8.0% | Bangalore, Karnataka, India | |||
| Cyberlinks Technologies Private Limited | ₹18.85 Lakh (FY 2025) | -62.0% | Gurugram, Haryana, India | |||
| Quiits Technologies Private Limitedthis company | ₹18.84 Lakh (FY 2024) | -₹28.87 Lakh | -153.3% | -57.0% | Kollam, Kerala, India | |
| Linuxfox Private Limited | ₹18.83 Lakh (FY 2021) | -45.0% | North 24 Parganas, West Bengal, India | |||
| Thrikoti Softech Private Limited | ₹18.82 Lakh (FY 2024) | 8.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Quiits Technologies Private Limited, buy the company report.
Auditor
Quiits Technologies Private Limited is audited by AJI VIJAYAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJI VIJAYAN & CO | FY 2020 | 007249S |
Shareholding
The shareholding of Quiits Technologies Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
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| Public | |||
| Others |
To see the full shareholding pattern of Quiits Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2021 | 100498476 | Hdfc Bank Limited | ₹17.75 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Quiits Technologies 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 Quiits Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Quiits Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAACQ2322E1Z6 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Quiits Technologies Private Limited, buy the company report.
Recent activity
Quiits Technologies Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Abdul Rahim was appointed as Director on 02 Feb 2015.
Frequently asked questions
Quiits Technologies is an active private limited company based in Kollam, Kerala, India. The company works in consultancy, within the information technology industry. It was incorporated on 01 October 2010 (16+ years old) and is registered under CIN U72200KL2010PTC026823.
Quiits Technologies has 4 current directors:
- Lali Jamal - Director
- Abdul Rahim - Director
- Shammy Rahim - Director
- Ebrahimkutty Jamaludeen - Director
The latest financial statements of Quiits Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Quiits Technologies is 32AAACQ2322E1Z6, registered in Kerala.
The CIN (Corporate Identification Number) of Quiits Technologies is U72200KL2010PTC026823. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quiits Technologies was incorporated on 01 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Quiits Technologies by revenue are Buceit Ventures Private Limited, Cyberlinks Technologies Private Limited, Linuxfox Private Limited, Thrikoti Softech Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).
Abdul Rahim was appointed as Director on 02 Feb 2015. Ebrahimkutty Jamaludeen was appointed as Director on 02 Feb 2015. Lali Jamal was appointed as Director on 01 Oct 2010. Quiits Technologies has 4 board changes on record in total.
Quiits Technologies can be reached through the website quiits.com. Its registered office is in Kollam, Kerala, India.
The registered office of Quiits Technologies is at Shammy Manzil Behind Partha Theatre Kilikolloor P.O., Kollam, Kerala, India – 691004.
Quiits Technologies operates in the information technology industry, in the consultancy segment.