- Udyam number
- UDYAM-TN-02-0041874

About Qway Technologies Private Limited
Data last updated:
Qway Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2010PTC075222. Its GSTIN is 33AAACQ2163K1ZK (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Sivasubramanian Karthikeyan and Kannan Harish.
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 Rr Tower III Fourth Floor T.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.6 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹55.72 Lakh (net margin 0.5%) and EBITDA of ₹5.63 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The company has about 907 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.64 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022. The company has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 micro and small suppliers.
Qway Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0041874). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qway.us.
Company details
Recognitions & Rankings of Qway Technologies
Contact details
Qway Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is qway.us. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRr Tower III Fourth Floor T.V.K Industrial Estate Guindy, Chennai, Tamil Nadu, India – 600032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Qway 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 Qway Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Qway Technologies Private Limited, buy the company report.
Financials of Qway Technologies Private Limited
FY 2024 filings availableQway Technologies Private Limited reported revenue of ₹111.6 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 18% growth in the latest year. EBITDA rose 64% 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 | ₹5.63 Cr | ||||
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| Net Profit (PAT) | ₹55.72 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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| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Qway Technologies Private Limited, buy the company report.
Board of directors of Qway Technologies Private Limited
Qway Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivasubramanian Karthikeyan Also directs: Funzxtreme LLP, K Food Ventures LLP | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Kannan Harish | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
| Praveen Also directs: Funzxtreme LLP, K Food Ventures LLP | Director | 01 Apr 2010 | 16 Years 6 Months | Current |
Auditor
Qway Technologies Private Limited is audited by ESSVEEYAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ESSVEEYAR | FY 2023 | 000808S |
Shareholding
The shareholding of Qway Technologies 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Qway Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101192902 | Hdfc Bank Limited | ₹39.31 Lakh | Open | |
| 05 Apr 2025 | 101122266 | Hdfc Bank Limited | ₹1.34 Cr | Open | |
| 25 Feb 2025 | 101052373 | State Bank of India | ₹4.6 Cr | Open | |
| 27 Dec 2023 | 100890074 | Canara Bank | ₹2.65 Cr | Open | |
| 27 Oct 2023 | 100848283 | Hdfc Bank Limited | ₹1.31 Cr | Open |
Total charge records: 10 View all charges
Deals & funding
Qway Technologies Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Nov 2016 | Rights issue | ₹14 Lakh | Investors: 3 individuals |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Qway Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Qway Technologies 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
Qway Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 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 (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| R.V. Corporate Needs | |||
| SS Traders | |||
| an individual supplier |
To see the full MSME payment records of Qway Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Qway Technologies Private Limited has a workforce of 907 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Qway Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACQ2163K1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qway Technologies Private Limited, buy the company report.
Recent activity
Qway Technologies Private Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Kannan Harish ceased to be Director on 29 Sep 2015.
6 earlier events are in the company report.
Frequently asked questions
Qway Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 April 2010 (16+ years old) and is registered under CIN U72200TN2010PTC075222.
Qway Technologies has 3 current directors:
- Sivasubramanian Karthikeyan - Director
- Kannan Harish - Director
- Praveen - Director
The latest financial statements of Qway 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 Qway Technologies is 33AAACQ2163K1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Qway Technologies is U72200TN2010PTC075222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qway Technologies has 1 court case on record: 1 filed against it.
Qway Technologies was incorporated on 01 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Qway Technologies has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2022.
Kannan Harish ceased to be Director on 29 Sep 2015. Sivasubramanian Karthikeyan ceased to be Additional Director on 30 Sep 2014. Sivasubramanian Karthikeyan was appointed as Director on 01 Jan 2014. Qway Technologies has 5 board changes on record in total.
Yes, Qway Technologies is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0041874).
Qway Technologies has 2 MSME Form 1 returns on record for the period ending Sep 2020, listing 8 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2020.