Quverse Foundation
About Quverse Foundation
Data last updated:
Quverse Foundation is a private not for profit company based in Ludhiana, Punjab, India. It operates in the social services and community development segment of the non-profit sector. It was incorporated on 28 July 2022.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U85300PB2022NPL056556.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000. It is led by directors Aayushi Verma and Deepali Lakhanpal.
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 #2934 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.26 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹76,055 (net margin -60.3%) and EBITDA of -₹76,055 (EBITDA margin -60.3%).
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- Registered Address#2934 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141010
- IndustryNon-Profit Organizations, Social Work
- 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
- One PDF report, delivered after checkout
Business Activity of Quverse Foundation
The main business activity of Quverse Foundation is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Quverse Foundation FY 2024 filings available
Quverse Foundation reported revenue of ₹1.26 Lakh (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Quverse Foundation
Revenue rose 35% in the latest year. EBITDA fell 320% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Quverse Foundation
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | -₹76,055 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹76,055 | •••• |
| 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 Quverse Foundation
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -60.3% | •••• |
| Net Profit Margin | -60.3% | •••• |
| 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 Quverse Foundation are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Quverse Foundation
Quverse Foundation has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aayushi Verma | Director | 28 Jul 2022 | 4 Years 2 Months | Current |
| Deepali Lakhanpal | Director | 28 Jul 2022 | 4 Years 2 Months | Current |
Charges & Borrowings of Quverse Foundation
Quverse Foundation does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Quverse Foundation
Employment history and EPFO contributions of people linked to Quverse Foundation.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Quverse Foundation
Quverse Foundation has 2 board changes on record since 2022: 2 appointments. The latest: Aayushi Verma was appointed as Director on 28 Jul 2022.
Credit Ratings, Litigation & Regulatory Alerts for Quverse Foundation
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Quverse Foundation
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Quverse Foundation
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Quverse Foundation
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Quverse Foundation
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Quverse Foundation
Quverse Foundation is an active private not for profit company based in Ludhiana, Punjab, India. The company works in social work, within the non-profit organizations industry. It was incorporated on 28 July 2022 (4+ years old) and is registered under CIN U85300PB2022NPL056556.
Quverse Foundation reported revenue of ₹1.26 Lakh for FY 2024 (up 35% YoY).
Quverse Foundation has 2 current directors:
- Aayushi Verma - Director
- Deepali Lakhanpal - Director
Quverse Foundation reported a net loss of ₹76,055 (net margin -60.3%) and EBITDA of -₹76,055 (EBITDA margin -60.3%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Quverse Foundation is U85300PB2022NPL056556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quverse Foundation was incorporated on 28 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.
Aayushi Verma was appointed as Director on 28 Jul 2022. Deepali Lakhanpal was appointed as Director on 28 Jul 2022.
The registered office of Quverse Foundation is at #2934 Sector 32A Chandigarh Road, Ludhiana, Punjab, India – 141010.
Quverse Foundation has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹50,000.
Quverse Foundation operates in the non-profit organizations industry, in the social work segment.